A recent trend in weak exports has partly offset domestic market recovery, with the result that India’s auto parts firms have reported mixed earnings in July-Sept. Firms with sizeable exports…
The auto parts market, first confronted with global economic slowdown and demand slump, is now facing other odds. Domestic auto component companies are battling against fake auto part companies. The…
The global economic meltdown has taken its toll virtually on every industry and auto industry is no exception. However, early signs of revival have led to steady rise in auto…
Just when top auto component makers are seeing good OEM business, aftermarket sales, once the most stable revenue stream, has been hit hard by spurious parts. Bosch India is feeling…
Indian auto part suppliers are demanding they be waived from an annual contract to lower prices by a certain fixed amount. As carmakers face financial woes, any reduction in costs…