Fitch downgrades India's auto loan sector outlook on economic slowdown risks

Dec 13, 2022

High inflation, Fitch Ratings said, may increase the operating costs of vehicles and the cost of living, which may hurt operators' debt servicing capacity.

Auto ancillaries' revenue, profitability to improve in FY22: Ind-Ra

Mar 13, 2021

Mumbai (Maharashtra) [India], Mar 13 : India Ratings and Research (Ind-Ra) has revised its outlook for the auto ancillary sector to improving for FY22...

Steady outlook for APAC transport infrastructure as Fitch ratings forecasts resilient demand

Dec 04, 2023

The sector outlook is grounded in the expectation of stabilizing economic growth in 2024, as indicated by Fitch's latest Global Economic Outlook.

Demand tailwinds supportive for auto sector: Ind-Ra

Sep 13, 2021

Mumbai (Maharashtra) [India], Sep 13 : India Ratings and Research (Ind-Ra) has maintained an improving outlook for auto sector during FY22 as revival across...

Auto volumes to grow in double digits: Ind-Ra

Mar 12, 2021

Mumbai (Maharashtra) [India], March 12 : India Ratings and Research (Ind-Ra) on Friday revised its outlook for the auto sector to improving for FY22...

Hyderabad man commits suicide over loan harassment

Oct 20, 2022

Telangana (Hyderabad) [India], October 20 : An auto driver in Hyderabad committed suicide over alleged harassment by loan financiers.