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  • Will pass impending 4% excise hike to customers: Maruti

    This 4 percent excise duty will have to be passed on to consumers as most companies do not have this kind of margin to absorb a 4 percent hike, Maruti chairman RC Bhargava says. He is not sure whether this price rise will have a demand impact, but believes it will not have a long-term impact.

  • Export slowdown due to global situation: Hero Motocorp

    "Part of it is that India is becoming more competitive so hopefully the negative impact of our own high cost will not get passed on but we are expecting a few months of consolidation before the overall situation starts to get better," says Sunil Munjal of Hero Motocorp.

  • See strong H2; will sustain performance: TVS Srichakra

    P Vijayaraghavan, director at TVS Srichakra says the company registered a growth of around 20 percent in the second quarter over the year-ago period.

  • Oct sales good; mkt share may rise to 23% by April: Bajaj

    Rajiv Bajaj says festive season sales have been good, but not extraordinary. Total sales for October stood at 3.86 lakh units versus 3.99 lakh units m-o-m, with Discover 150cc sales at around 28,000 for the month.

  • Bumper Diwali sale; seeing surge in proxy demand: Honda

    Second largest two-wheeler player Honda sees a massive surge in ownership replacement demand for the two-wheeler segment, in turn indicating a pick up in the economy.

  • Big Diwali for autos, cautiously optimistic now: HeroMoto

    Speaking about the cracker sales, Sunil Munjal, Joint MD of Hero MotoCorp told CNBC-TV18 that the automotive industry saw 16 percent growth in 2-wheelers over the last six months.

  • Modi govt's 100 days: More hits than misses, say experts

    Experts feel the new government has been successful in breaking the decision-making gridlock and rebuilding the sense of confidence.

  • SIAM sees growth in autos only after GDP recovers to 6%

    Speaking to CNBC-TV18's Siam president Vikram Kirloskar said the two-wheeler space has improved tremendously and so have exports. "The auto sales are a mixed bag, while commercial vehicles continue to slow down," he said.

  • Europe tariff barrier a worry for industry: Hero's Munjal

    Munjal added that Hero Moto has shown resilient performance in a slowing market and is looking to increase exports to several emerging markets.

  • Two-wheelers to see low single digit growth in FY14: Hero

    Most brokerages have maintained a sell or underweight rating on the stock despite its good financial performance in second quarter FY14.

  • Hero Moto's $25 mn EBR stake buy to help access US mkts

    Hero MotoCorp's USD 25 million stake buy of Eric Buell Racing (EBR) to help the country's largest two-wheeler maker to increase the focus on high-end premium bikes - a segment currently dominated by its Pune-based rival firm Bajaj Auto.

  • FDI will get back FIIs; export mkt saturated: Sunil Munjal

    The export slowdown seen in May trade deficit data is quite disappointing. Sentiment in global market is still very subdued, barring North America most major global importing economies continue to remain under stress.

  • Bajaj Auto April sales down 10%; sees higher May sales

    India's second largest two-wheeler maker Bajaj Auto's total sales in April declined 10 percent year-on-year to 3.44 lakh units, as sales remained sluggish in the domestic market and exports also slipped.

  • Slow growth to continue in April-June: Bajaj Auto MD

    Rajiv Bajaj, MD of the company feels the market for auto sector remains quite challenging and expects growth in April-June to be between 0 and -5 percent.

  • See no change in auto excise structure in Budget: Hero Moto

    Sunil Munjal, joint MD of Hero Motocorp and Chairman of Hero Corporate Service said he doesn't see any change in excise structure in the upcoming Budget.

  • Honda car, bikes all-set to steal the show in 2013

    Bertrand D'souza, deputy editor, Overdrive, shares his view on how the auto industry will move in 2013. He also talks about players in both the four-wheeler and two-wheeler segment who may ride the year in driver seat.

  • Launch of 100cc motorcycle to aid mkt share: Bajaj Auto

    Rajiv Bajaj, Managing Director of Bajaj Auto told CNBC-TV18 that November sales have met expectations. He informed that Discover and Pulsar contributed 68% to the two-wheeler sales figure.

  • Expected weak Sept; new products boost sales: Bajaj Auto

    Rajiv Bajaj, MD of Bajaj Auto said they had anticipated September to be a difficult month. However, the sequential improvement in sales has been led by the success of Bajaj‘s new products.

  • Bajaj, Kawasaki to ride together to capture new markets

    The country's largest two-wheeler exporter Bajaj Auto announced a strategic alliance with Japanese Kawasaki in an effort to penetrate deeper into new markets.

  • Rate cut to benefit consumers & manufacturers: Sunil Munjal

    Joint managing director of HeroMotoCorp Sunil Munjal believes that consumers and manufacturers will be benefitted by RBI‘s 50 basis point cut today.

  • Bajaj Auto Feb sales up 5%; new launches to aid FY13 growth

    India's second largest two-wheeler maker Bajaj Auto said sales in February were highest ever, but there are further signs of a slowdown as total growth was just 5% year-on-year at 3,43,777 units.

  • Interest rate peaking next trigger for auto sector: Expert

    Auto companies have started releasing their November sales figures. Mahantesh Sabarad, Senior vice president-institutional equity research, Fortune Equity Brokers spoke to CNBC-TV18 about his outlook for the sector now.

  • Shivam Autotech to invest Rs 50cr for capex this year

    Shivam Autotech stock rallied as the company planned to expand capacity.

  • FM's move may get desired growth trajectory: Sunil Munjal

    In a meeting today evening, big shots of Indian industry met with the Finance Minister Pranab Mukherjee to discuss the state of the economy and reforms and crucial policy changes. In an exclusive interview to CNBC-TV18, Sunil Munjal, chairman of Hero Corporate Service said that this meeting was very well timed.

  • No major loss after Maruti's 13 day strike, says Rico Auto

    Arvind Kapur, managing director, Rico Auto Industries talks to CNBC-TV18 about the latest happenings in his company and the auto ancillary sector.

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