Apr 25, 2016 at 16:53 | Source: CNBC-TV18
Maruti sold 3.6 lakh units in Q4, a growth of 4 percent compared to 3.46 lakh units sold in year-ago period. Volume was hit due to production loss of 10,000 units in February on account of Jat reservation agitation in Haryana. Company temporarily suspended production due to disruption of component supplies.
Mar 31, 2016 at 21:32 | Source: PTI
At present, ABS penetration is only 30 per cent in PVs and under 5 per cent in the two-wheeler segment. The ABS market could turn out to be a Rs 6,500 crore opportunity for suppliers by FY19.
Mar 28, 2016 at 09:10 | Source: PTI
As per an agreement between the two parties, Vishnu Vaibhav Industry Pvt Ltd (VVIPL) will focus on manufacturing of four-wheeler switches for domestic OEMs in India under its technical collaboration and service provider agreement with ZF TRW, the company said in a statement.
Mar 20, 2016 at 16:22 | Source: PTI
The Japanese major entered India 32 years ago and now has nine manufacturing units and seven companies, employing over 4,000 people. It claims over 60 per cent market share car components in the country and also serves heavy vehicle-makers as well as the Railways.
Mar 19, 2016 at 12:40 | Source: PTI
While engineering exports have declined by about 16 percent in first 11-months of the current fiscal, it said adding "auto and auto components, cycle and cycle parts, hand tools, industrial and electrical machineries are the worst sufferer".
Mar 04, 2016 at 09:10 | Source: PTI
The acquisition includes 100 percent equity holding in Rinder India, Spain-based Light Systems and Technical Center, along with 50 percent stake in Rinder Riducu, Colombia.
Feb 24, 2016 at 11:41 | Source: Moneycontrol.com
"Maruti has resumed production of vehicles at its facilities in Gurgaon and Manesar, starting February 23 (second half). The supply of components has started gradually," the country's largest car manufacturer said in its filing.
Feb 23, 2016 at 10:01 | Source: CNBC-TV18
The factories were shut intermittently from Saturday following the Jat outburst in the state and the subsequent shortage of components, says Kuldeep Janghu, General Secretary of Maruti Udyog Kamgar Union
Feb 22, 2016 at 16:43 | Source: Moneycontrol.com
EIS is bullish on Talbros Auto has recommended buy rating on the stock with a target price of Rs 190 in its research report dated February 15, 2016.
Feb 22, 2016 at 10:26 | Source: Moneycontrol.com
Maruti is making efforts to arrange components from other sources. Once the supply of components is restored, nomral operations will resume.