Feb 09, 2017 11:21 AM IST
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.
- Oct 23, 2016 01:44 PM IST
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.
- Jul 01, 2016 07:08 PM IST
Tata Motors reported 8 percent growth in sales at 44,276 units in June.
- Sep 30, 2015 10:00 AM IST
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
- Sep 01, 2015 05:52 PM IST
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.
- Jun 01, 2015 01:35 PM IST
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.
- Apr 01, 2015 08:31 PM IST
The Volkswagen Polo made a significant contribution to the increase in sales in March this year, Volkswagen India said in a statement.
- Dec 01, 2014 08:21 PM IST
"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.
- Feb 18, 2014 01:34 PM IST
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.
- Jan 22, 2014 06:00 PM IST
"We have done a lot of consolidation to make sure that we operate as one company,â€ said Karl Slym, MD, Tata Motors.
- Dec 09, 2013 02:06 PM IST
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.
- Sep 27, 2013 03:31 PM IST
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.
- Aug 21, 2013 01:54 PM IST
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.
- Aug 06, 2013 06:36 PM IST
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.
- Jul 26, 2013 09:56 AM IST
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.
- Jul 25, 2013 11:52 AM IST
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.
- Jul 10, 2013 05:28 PM IST
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.
- Jul 01, 2013 05:58 PM IST
Tata Motors' commercial vehicle sales fell 10 percent year-on-year and passenger vehicle sales plunged 31.5 percent in June.
- Jun 27, 2013 10:59 AM IST
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.
- Jun 04, 2013 04:53 PM IST
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.
- May 29, 2013 10:18 AM IST
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.
- Apr 26, 2013 02:00 PM IST
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.
- Apr 25, 2013 06:17 PM IST
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.
- Apr 12, 2013 05:06 PM IST
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.
- Apr 10, 2013 12:30 PM IST
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.