The earnings before interest, taxes, depreciation and amortisation (EBITDA) could be higher by 3.8 percent at Rs 782 crore against Rs 753 crore.
The report by Facebook and Bain & Company sought to examine the impact of digital technologies like social media and Internet of Things (IoT) on the automotive industry.
The company, which is a wholly-owned subsidiary of the Fiat Chrysler Automobiles, has invested USD 280 million in the Jeep Compass project.
Bajaj Auto, which entered the 350-cc plus space in December with its premium sports bike Dominar, raced ahead of Royal Enfield sales in February.
Silicon Valley's Tesla Inc overtook General Motors on Monday to become the US car maker with the largest market capitalisation as the century-old automobile industry increases its reliance on software and cutting-edge energy technology.
Railway Convention Committee (RCC) in its latest report has asked the Railways to look into the matter with a sense of urgency so as to ensure that the station redevelopment programme as announced in successive rail budgets is truly achieved.
The first recall covers over 230,000 Escape SUVs, Fiesta ST subcompacts, Fusion midsize cars and Transit Connect vans with 1.6-Liter turbocharged engines from 2013 through 2015.
The apex court said that the auto companies were aware of the notification, yet decided to sit back.
Research firms expect better volumes going forward and reiterate their buy call on the stock.
Strong product pipeline, better hedge rate and strong improvement from June quarter to help the stock, which has seen selling pressure.
The bearing industry is one such pocket which faced twin headwinds of demand pressure (flat IIP and automobile on a slow lane) and cost push (rising steel prices, a key raw material) in 2016.
With a slowdown in commercial vehicles sales in the second half of 2016, CNBC-TV18 finds out how Daimler India will go about hitting that target.
"Since November, sales of three-wheelers had taken a beating. People were finding it difficult to arrange the cash required for down payment", Veejay Nakra, Sr VP (sales) of Mahindra said.
The argument, made by Society of Indian Automobile Manufacturers (SIAM), came on a day the Supreme Court- appointed EPCA reiterated that BS-III compliant vehicles, even those seeking national permit, will not be registered in the National Capital Region from April 1.
Speaking to CNBC-TV18, Yogesh Munjal, MD of Munjal Showa said demonetisation impact has started waning off and things should return to normalcy soon.
Growth in internal demand, implementation of government schemes and new measures will play a vital role in reviving the domestic metals industry in 2017, a report said.
The company's board has approved a capital expenditure plan of up to Rs 100 crore over a period of 12 months for expanding existing manufacturing facilities in Sanand and future expansion for supply of automotive lighting products to its customers, Lumax Industries said in a regulatory filing.
While demonetisation could defer demand for passenger vehicles, there may not be cancellation says a Goldman Sachs note referring to the latest despatches data by the Society of Indian Automobile Manufacturers (SIAM).
India's automobile exports across categories fell 5 per cent in 2016 dragged down by lower sales of two and three-wheelers in various markets, including Latin America and Africa.
Data shows the economy has not sunk deep. It is still hovering around the surface. A big push from finance minister Arun Jaitley is needed
The December sales for the automobile sector have been hit due to the demonetisation. Atul Auto reported a 36.18 percent decline in sales to 2,5556 units.
Speaking on specific companies, Ashwin Patil of LKP Securities believe that Maruti Suzuki will see momentum retune in future with line-up of new models. Maruti saw a 1 percent decline in sales in December.
Sharp fall in retail and inventory de-stocking will hit the wholesale market, Nomura said in a note. Medium & heavy vehicles are likely to be impacted most and a 30 percent drop in the segment is possible.
With Modi‘s 50-day grace period running out fast, It‘s worth a quick trawl of the various sectors to figure out which have been hit the worst.