Here's a roundup of key developments in the automobile industry this week.
Mahanagar Gas has developed a way to retro fit a Honda Activa with two CNG cylinders. The scooter operates just like a CNG-powered car and allows the rider to chose between CNG and petrol.
Maruti Suzuki India's Managing Director Kenichi Ayunkawa speaks to Moneycontrol about electric vehicles, new design approach and production of Future S.
The luxury car maker unveiled its electric car i3s and hybrid vehicle i8 Roadster along with a slew of other top-end models at the Auto Expo 2018.
Covestro has said that the company is looking to partner Indian companies for charting out the future of electric mobility
The solutions aims to provide industry-proven capabilities to develop new Electric Vehicle ideas, virtually simulate and validate performance, and ensure flexible, lean manufacturing.
This facility, which is based in the MIRA Technology Park, will complement the capabilities and knowledge established over the past two years
The newly formed entity will be based in the USA, supported by SMG’s global organisation.
The Center is aimed at expediting the group’s switchover to electrification
His appointment also coincides with India’s plan to migrate to Bharat Stage VI emission norm which will be brought into effect from April 1, 2020.
The stock has underperformed the Nifty in the past one year and could be accumulated if the price weakens further.
With the impetus on rural economy in an election year and the continued focus on infrastructure in selected pockets, these two segments should have a strong run, going forward. The stronger numbers from two wheeler is an early trend and could get some additional support if the revival of rural economy gathers momentum in the coming months.
Maruti Suzuki will start the proceeding of the 2018 Auto Expo with the unveiling of the Concept Future S, a super compact sports utility vehicle (SUV) that was largely developed in-house by the market leader.
South Korean auto maker Kia Motors today said it will showcase SP Concept at the upcoming Auto Expo in line with its plans to introduce a new SUV in India.
The electric vehicle will be showcased to demonstrate the company’s strengths in this space which has gained centre stage for every manufacturer. Maruti Suzuki has promised to launch a fully electric car in 2020.
Maruti Suzuki Future-S is essentially a cross-over between a hatchback and an SUV, a top company official has confirmed
Here's a round up of all auto news that made headlines during the week.
Correction currently witnessed by the market could be because of geopolitical reasons and may not be too deep. Infact it could lead to fresh money back into the market – money that was waiting on the sidelines., said Mehraboon Irani of Nirmal Bang Securities
First, the big picture. The victory fashioned by Modi in India‘s politically most important state will inevitably be seen as a thumbs up for demonetisation; the failure of the Aam Aadmi Party in expanding beyond Delhi will also reassure those who want no threat, however small, to a dominant single party at the Centre.
In a special Bhavcopy segment, Mangalam Maloo of CNBC-TV18 speaks about an auto ancillary stock, Machino Plastics which may get affected as Maruti Ignis is launched.
Rajesh Kothari, Managing Director at AlfAccurate Advisors is of the view that one may see 15-20 percent upside in Bharat Forge.
The demonetisation move is likely to hit Minda Industries' November sales by 13-14 percent says Group CFO Sudhir Jain. He is hopeful the pain will not last beyond the fourth quarter of this year.
In line with most fund houses, Edelweiss Financial Services, too, is placing its bets on financials and auto ancillary space. The fund house is also upbeat on textiles and select pharma stocks, but prefers staying underweight on information technology and telecom sectors.
Sunjay Kapur, Chairman of Sona Koyo Steering Systems, says the company was not on some of the high-growth platforms such as compact SUVs.
According to a study done on top 500 corporates by the rating agency, while the effective tax rate on an aggregate basis for last fiscal was 24 percent, half of the corporates paid taxes at lower than the proposed rates of 25 percent.