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  • Pre-buy ahead of BS-IV rollout to make Q4 stronger: Bharat Forge Feb 09, 2017 11:21 AM IST

    Pre-buy ahead of BS-IV rollout to make Q4 stronger: Bharat Forge

    World‘s largest forging company, Bharat Forge, yesterday reported a weak set of numbers. But, company‘s Executive Director, Amit Kalyani believes that the downturn has ended and the company is back on growth trajectory.

  • Apollo Tyres setting up euro 475 mn greenfield plant in Hungary Oct 23, 2016 01:44 PM IST

    Apollo Tyres setting up euro 475 mn greenfield plant in Hungary

    Apollo Tyres is setting up Europe's largest greenfield plant in Hungary with an investment of 475 million euros to produce nearly 62 lakh tyres for passenger cars and heavy commercial vehicles per annum.

  • Tata Motors sales up 8% at 44,276 units in June Jul 01, 2016 07:08 PM IST

    Tata Motors sales up 8% at 44,276 units in June

    Tata Motors reported 8 percent growth in sales at 44,276 units in June.

  • More bad news for Tata Motors as S&P outlook cut to stable Sep 30, 2015 10:00 AM IST

    More bad news for Tata Motors as S&P outlook cut to stable

    The demand slowdown in China and continuing capital expenditure at Jaguar Land Rover Automotive (JLR) will result in negative free operating cash flows and weaker financial ratios for Tata Motors in fiscal 2016 than we previously expected, says Standard & Poor's

  • Tata Motors sales remain flat in August Sep 01, 2015 05:52 PM IST

    Tata Motors sales remain flat in August

    Sales of passenger vehicles in the domestic market in August this year stood at 11,194 units as against 10,975 units in the same month previous year, up 2 per cent, Tata Motors said in a statement.

  • See limited revenue impact from car toll exemption: MEP Jun 01, 2015 01:35 PM IST

    See limited revenue impact from car toll exemption: MEP

    In a setback for MEP Infrastructure, the Maharashtra government has decided to exempt light motor vehicles and MSRTC buses from paying toll fee at three toll plazas.

  • Volkswagen India sales up 22% in March Apr 01, 2015 08:31 PM IST

    Volkswagen India sales up 22% in March

    The Volkswagen Polo made a significant contribution to the increase in sales in March this year, Volkswagen India said in a statement.

  • RoadMin to bring mandatory crash testing norms soon Dec 01, 2014 08:21 PM IST

    RoadMin to bring mandatory crash testing norms soon

    "The government is planning to mandate the offset frontal crash test and side impact crash test norms for passenger cars," Minister of State for Road Transport and Highways Pon Radhakrishnan informed the Rajya Sabha today.

  • Brokerages view: Excise duty cut in auto sector Feb 18, 2014 01:34 PM IST

    Brokerages view: Excise duty cut in auto sector

    Yesterday the finance minister, P Chidambaram in the Interim Budget slashed the excise duty on two-wheelers, passenger cars, SUVs as well as commercial vehicles between 3 percent and 6 percent. The cut in excise duties would largely be passed on to consumers, which effectively translates into average price reduction.

  • Consolidated operations to enhance efficiency: Tata Motors Jan 22, 2014 06:00 PM IST

    Consolidated operations to enhance efficiency: Tata Motors

    "We have done a lot of consolidation to make sure that we operate as one company,” said Karl Slym, MD, Tata Motors.

  • TaMo young pros get investment advice from NSE Fin Wiz Dec 09, 2013 02:06 PM IST

    TaMo young pros get investment advice from NSE Fin Wiz

    Established in 1945, Tata Motors is India‘s largest automobile company with its presence in every nook and corner of the country. The company manufactures a vast range of automobile consisting of trucks, utility vehicles, buses and passenger cars.

  • Mahindra to hike prices by up to Rs 20,000 from October Sep 27, 2013 03:31 PM IST

    Mahindra to hike prices by up to Rs 20,000 from October

    The increase is primarily due to devaluation of the rupee and increase in raw material costs. "We have been holding back prices for a while but now it has become necessary to raise them due to increasing input costs, devaluation of the rupee and increase in some raw material costs," M&M Ltd Chief Executive, Automotive Division, Pravin Shah said.

  • Maruti Suzuki launches Stingray starting Rs 4.10 lakh Aug 21, 2013 01:54 PM IST

    Maruti Suzuki launches Stingray starting Rs 4.10 lakh

    The Stingray will be powered by the 998 cc K Series engine and the company says the car will deliver a fuel efficiency of 20.51 km/litre of petrol.

  • Here's what to expect from Tata Motors Q1 earnings Aug 06, 2013 06:36 PM IST

    Here's what to expect from Tata Motors Q1 earnings

    Tata Motors will continue to report sluggish sales growth in the domestic market, which will be offset by Jaguar Land Rover sales growth. Overall, however, the company is likely to report a consolidated net profit decline.

  • Nomura cuts Maruti Suzuki target price; stays 'buy' Jul 26, 2013 09:56 AM IST

    Nomura cuts Maruti Suzuki target price; stays 'buy'

    Nomura has also cut Maruti Suzuki's FY14 volume estimates to flat from 6 percent growth it had projected earlier. It has also reduced margin estimates to 11.5 percent from 13 percent.

  • Maruti Suzuki Q1 net profit seen up 46% to Rs 620 crore Jul 25, 2013 11:52 AM IST

    Maruti Suzuki Q1 net profit seen up 46% to Rs 620 crore

    Maruti's net profit will get a boost from the depreciation in Japanese Yen and synergies from the merger of Suzuki Powertrain. However, revenue will be lower due to sluggish demand for passenger cars.

  • India Ratings cuts auto sector outlook Jul 10, 2013 05:28 PM IST

    India Ratings cuts auto sector outlook

    The Fitch Group company expects passenger vehicle production in India to rise to 65-67 lakh units by FY16, up 33-37 percent over FY13.

  • Tata Motors June sales down 18% at 52,708 units Jul 01, 2013 05:58 PM IST

    Tata Motors June sales down 18% at 52,708 units

    Tata Motors' commercial vehicle sales fell 10 percent year-on-year and passenger vehicle sales plunged 31.5 percent in June.

  • Aim to launch 1 new model each yr in long term: Tata Motors Jun 27, 2013 10:59 AM IST

    Aim to launch 1 new model each yr in long term: Tata Motors

    Tata Motors launched 8 upgraded products last week and Karl Slym, MD, said the company is working on new products to address gaps in its product portfolio.

  • May auto sales stay sluggish; UV's, LCVs also hit slow lane Jun 04, 2013 04:53 PM IST

    May auto sales stay sluggish; UV's, LCVs also hit slow lane

    Analysts say commercial vehicle sales, especially M&HCVs are unlikely to see any revival unless there is a pickup in the overall industrial and infrastructure activity. In pasenger vehicles, the rise in diesel prices and 3 percent higher excise is hurting utility vehicle sales.

  • Tata Motors Q4 net seen at Rs 2,990cr, revenue likely up 4% May 29, 2013 10:18 AM IST

    Tata Motors Q4 net seen at Rs 2,990cr, revenue likely up 4%

    Analysts on average expect Tata Motors' consolidated net profit to fall 52 percent YoY to Rs 2,990 crore, due to tax benefits to JLR in the year ago quarter. Revenue seen up 4 percent to Rs 53,000 crore.

  • Maruti Suzuki Q4 net jumps 80%; shares hit 52-wk high Apr 26, 2013 02:00 PM IST

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

    India's largest passenger car maker Maruti Suzuki's fourth quarter standalone net profit accelerated significantly better-than-expected 80 percent year-on-year to Rs 1,148 crore, sending its stock surging to a new 52-week high of Rs 1,672.

  • Here's what to expect from Maruti Suzuki Q4 earnings Apr 25, 2013 06:17 PM IST

    Here's what to expect from Maruti Suzuki Q4 earnings

    Maruti Suzuki India will kickstart auto sector earnings on Friday. Passenger car sales have been downhill for the past year now and so the street will keenly eye the company's performance in the fourth quarter and how it sees the road ahead.

  • Tata Motors March global sales down 17% at 1.17 lakh units Apr 12, 2013 05:06 PM IST

    Tata Motors March global sales down 17% at 1.17 lakh units

    Tata Motors Group global sales in March declined 17 percent year-on-year to 1.17 lakh units, as continued sluggish demand for medium and heavy commercial vehicles in India and a slump in passenger car sales offset growth at its luxury Jaguar Land Rover unit.

  • FY13 car sales fall 7%; SIAM sees 3-5% growth in FY14 Apr 10, 2013 12:30 PM IST

    FY13 car sales fall 7%; SIAM sees 3-5% growth in FY14

    Passenger car sales in India fell 7 percent in FY2013, the first such decline in over a decade, Society of Indian Automobile Manufacturers said on Wednesday. The industry body is, however, hopeful of a pickup in FY14.

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