Auto - Cars & Jeeps News

See 6-8% industry growth in FY14 for tractors: M&M    

13 May 2013, 10.54 am  |  Source: CNBC-TV18

Mahindra is one of leading players in the field of farming equipment and machinery, including tractors and other agriculture products since 1960....

Mahindra union leaders call off hunger strike  

12 May 2013, 11.45 am  |  Source: PTI

The indefinite hunger-strike by two union leaders of Mahindra & Mahindra was called off last night after 'positive' talks with the management. ...

Car sales fall 10% in April  

10 May 2013, 11.00 am  |  Source: Reuters

Car sales in India fell an annual 10 percent in April, an industry body said on Friday, beginning a new financial year on the same sour note that saw ...

Hind Motors standalone Mar '13 sales at Rs 173.64 crore  

08 May 2013, 4.57 pm  |  Source: Moneycontrol.com

Hindustan Motors has reported a standalone sales turnover of Rs 173.64 crore and a net loss of Rs 1.16 crore for the quarter ended Mar '13...

SUV tax will compel modifying products to meet norm: M&M  

03 May 2013, 4.23 pm  |  Source: PTI

Faced with higher excise duty on its SUV models, homegrown auto major Mahindra and Mahindra today said it will be compelled to consider modifying its ...

Expect sales performance to improve in May-Jun: M&M   

02 May 2013, 5.56 pm  |  Source: CNBC-TV18

Mahindra and Mahindra saw a marginal jump of two percent in sales for April’13. Arun Malhotra, Chief Sales & Customer Care Officer, Automotive Divis...

Maruti, TVS, Tata Motor slip as April sales stay sluggish  

02 May 2013, 9.50 am  |  Source: Moneycontrol.com

Automakers' cup of woes have continued into the new financial year, with most companies reporting yet another month of sales decline. Among the compan...

Tax diesel vehicles, why only SUVs: M&M   

30 Apr 2013, 10.51 pm  |  Source: CNBC-TV18

The decision to stick to the excise duty hike imposed on sports utility vehicles (SUVs) has clearly come as a big disappointment, says Pawan Goenka,...

Maruti steps up campaign for Dzire to avert competition  

29 Apr 2013, 12.39 pm  |  Source: PTI

Amid intensifying competition from Honda's Amaze, country's largest car maker Maruti Suzuki India has responded by conducting "mileage drive rally" fo...

Citi raises Maruti Suzuki to 'buy' on strong Q4 results  

29 Apr 2013, 11.07 am  |  Source: Moneycontrol.com

Citigroup Global Markets upgraded Maruti Suzuki to "buy" from "neutral" on Monday driven by significantly better-than-expected growth in fourth quarte...

Suzuki chief meets Gujarat CM Narendra Modi  

26 Apr 2013, 10.16 pm  |  Source: PTI

Suzuki Motor Corp chairman Osamu Suzuki on Friday met Gujarat chief minister Narendra Modi to review the progress of the two projects in the state bei...

Localisation was key contributor to Q4 net: Maruti Suzuki   

26 Apr 2013, 6.39 pm  |  Source: CNBC-TV18

Internal measures we took on cost, the weakening yen and commodity prices helped us to achieve good Q4 results, says, Ajay Seth, CFO, Maruti Suzuki. ...

Maruti Suzuki Q4 net jumps 80%; shares hit 52-wk high  

26 Apr 2013, 2.00 pm  |  Source: Moneycontrol.com

India's largest passenger car maker Maruti Suzuki's fourth quarter standalone net profit accelerated significantly better-than-expected 80 percent yea...

Maruti to discuss merging of 7 subsidiaries with itself  

24 Apr 2013, 7.10 pm  |  Source: PTI

Country's largest car maker Maruti Suzuki India today said it will consider amalgamation of the company's seven wholly-owned subsidiaries with itself ...

M&M market shr in UVs may dip; Kotak cuts growth forecast  

23 Apr 2013, 6.46 pm  |  Source: Moneycontrol.com

Brokerage house Kotak Securities has trimmed its earnings estimates for Mahindra & Mahindra, while retaining its ‘add’ rating on the stock, saying...

Maruti Suzuki plans to 2 new diesel models by 2014-end  

22 Apr 2013, 3.23 pm  |  Source: CNBC-TV18/Mint

India's largest passenger car maker Maruti Suzuki is planning to launch 2 new diesel models by 2014-end and Japanese parent Suzuki is developing 2 eng...

Tool down strike at M&M's Igatpuri plant ends  

22 Apr 2013, 1.57 pm  |  Source: Moneycontrol.com

Utility vehicle maker Mahindra & Mahindra said workers have withdrawn the tool down strike at its engine plant at Igatpuri near Nashik in Maharashtra ...

Stir at Mahindra's Igatpuri plant called off; work resumes  

22 Apr 2013, 1.33 pm  |  Source: PTI

The work at auto-major Mahindra and Mahindra's engine manufacturing facility at Igatpuri, near Nashik, resumed today ending the 14-day "tools down" ag...

Work at M&M's Igatpuri plant may resume today: Union  

22 Apr 2013, 8.02 am  |  Source: PTI

Work at auto-major Mahindra & Mahindra's engine manufacturing facility at Igatpuri near Nashik, which has been stalled for the last 13 days following ...

Maruti Suzuki jumps 3% on UBS buy report  

16 Apr 2013, 12.49 pm  |  Source: Moneycontrol.com

India's largest car maker Maruti Suzuki rallied nearly 3 percent on Tuesday after the foreign research house UBS recommended a buy rating on the stock...

India's latest tax target: companies selling below cost  

16 Apr 2013, 8.37 am  |  Source: Reuters

Indian tax officials have opened up a new front in their battle to increase revenue collected from companies, targeting manufacturing firms that slash...

Honda's 'Amaze' to eat into Maruti's mkt share: Overdrive   

11 Apr 2013, 4.51 pm  |  Source: CNBC-TV18

Bertrand D'souza, Editor, Overdrive believes that the new car ‘Amaze’ launched by the Japanese auto major Honda Motor will definitely cannibalise ...

M&M falls 1.5% as tool down strike hits Igatpuri plant   

11 Apr 2013, 11.23 am  |  Source: Moneycontrol.com

Mahindra and Mahindra (M&M) is suffering as workers have stopped work because of a tool down strike at the Igatpuri plant in Maharashtra. The sports u...

M&M bosses meet revenue secretary over SUV tax issue   

08 Apr 2013, 10.48 pm  |  Source: CNBC-TV18

Days before the budget session of parliament resumes, Anand Mahindra And Pawan Goenka today met the revenue secretary to express their concerns on def...

Prudential Management's holding in Mahindra up to 11.4 %  

08 Apr 2013, 9.00 pm  |  Source: PTI

Auto major Mahindra & Mahindra today said holding of one of its promoter group firms Prudential Management & Services (PMS) has increased to 11.40 per...

Hind Motors standalone Dec '12 sales at Rs 114.19 crore  

12 Feb 2013, 7.08 pm  |  Source: Moneycontrol.com

Hindustan Motors has reported a sales standalone turnover of Rs 114.19 crore and a net profit of Rs 20.36 crore for the quarter ended Dec '12...

Strong UV sales drive M&M Q3 net profit up 26% at Rs 836cr   

08 Feb 2013, 2.38 pm  |  Source: Moneycontrol.com

Utility vehicle maker Mahindra & Mahindra on Friday said standalone net profit for the third quarter rose 26 percent from a year ago to Rs 836 crore....

Maruti Suzuki Q3 net more than doubles to Rs 501cr; shrs up   

25 Jan 2013, 2.23 pm  |  Source: Moneycontrol.com

India's largest passenger car maker Maruti Suzuki on Friday said net profit in the third quarter more than doubled year-on-year to Rs 501 crore, helpe...