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JP Morgan downgrades Maruti to 'underweight'
Jun 18, 2013 at 13:53 | Source: Reuters
Maruti Suzuki , the country's biggest carmaker by sales, shut production at both of its plants earlier this month to adjust inventory levels in response to falling sales.
Deal with CIE a marriage made in heaven, says M&M's Luthra
Jun 17, 2013 at 12:00 | Source: CNBC-TV18
Hemant Luthra, president, Mahindra Systech, said the deal will help the two companies grow into new geographies. The product range as well as geographical presence of the two firms will complement each other since CIE is present in Latin America, where Mahindra is not and in India Mahindra has a strong presence, while CIE does not, he said.
Tata Motors' May global wholesale vehicle sales fall 17.5%
Jun 17, 2013 at 09:47 | Source: Reuters
Tata Motors, part of India's salt-to-steel Tata Group conglomerate, sold 81,783 vehicles in May, the company said in a statement on Sunday. Passenger cars accounted for 43,142 vehicle sales, down 15.5 percent from a year ago.
North East next growth mkt, aims 8% jump in 2013: GM India
Jun 16, 2013 at 13:08 | Source: PTI
General Motors India is expecting a growth of around eight percent in its sales in North East market this year even as the overall car segment is witnessing a steep fall across the country in the recent months.
M&M signs agreement with Participaciones for sale of shares in 3 firms
Jun 15, 2013 at 19:05 | Source: Moneycontrol.com
Mahindra & Mahindra entered into of a Share Purchase Agreement with Participaciones Internacionales Autometal Dos, S.L., CIE Automotive S.A. and Autometal, S.A. for sale of 4,85,29,500 shares Mahindra Forgings, 3,02,54,052 shares of Mahindra Hinoday Industries, 13,41,203 shares Mahindra Composites
M&M, Apollo Tyres top picks in auto space: Dolat Capital
Jun 12, 2013 at 17:02 | Source: Moneycontrol.com
Dolat Capital has come out with its report on auto sales volume - May 2013. All segments continue to witness pressure due to thicker competetion, rising fuel prices and a high base effect. We expect slow down to continue in the coming months. Our top picks continue to be M&M and Apollo Tyres, said the research firm.

Videos »
Deal with CIE a marriage made in heaven, says M&M's Luthra
Petrol cars back in vogue as auto biz fights slump
SUV segment hit by diesel price hikes: M&M
Renault Duster dethrones M&M's popular SUV Scorpio
Expect sales performance to improve in May-Jun: M&M
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News across the web »
Ford India eyes emerging market mini-SUV boom ride
Ford Motor Co began shipping its locally-made EcoSport compact SUV on Monday, hoping to share in growing demand in India for mini-sport utility vehicles, which are popular due to heavy traffic, scarc...
Jun 18, 2013 at 02:27 | Source: Financial Express
Cheap foreign loans spur India's outbound M&A
MUMBAI/HONG KONG (Reuters) - Foreign banks are fuelling India's recent burst of overseas takeover bids, offering cheap U.S. dollar loans to corporates hungry to expand beyond their home state.The stre...
Jun 18, 2013 at 01:30 | Source: FirstPost
Ford looks to ride mini-SUV boom in India
CHENNAI, India (Reuters) - Ford Motor Co (F.N) began shipping its locally-made EcoSport compact SUV on Monday, hoping to share in growing demand in India for mini-sport utility vehicles, which are pop...
Jun 17, 2013 at 23:15 | Source: FirstPost
Ford plans to make India the global hub of mini-SUV
Chennai: Ford Motor Co began shipping its locally-made EcoSport compact SUV on Monday, hoping to share in growing demand in India for mini-sport utility vehicles, which are popular due to heavy traffi...
Jun 17, 2013 at 22:46 | Source: FirstPost
High rates triggering negative sentiment in auto market: Volvo
HYDERABAD: High interest rates have created a negative sentiment in the domestic automobile market, a top executive of Volvo Auto India said today. "Interest rates in India are high. That is the reas...
Jun 17, 2013 at 18:46 | Source: Economic Times
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