Three Wheeler

With the GST Council’s decision to keep EVs in the 5 percent slab, industry executives say structural tailwinds this year are stronger

TVS Motor’s Q1 profit up 46% on solid sales and margin growth

The growth in sales and net profit were in line with analyst expectations. TVS Motor expects the growth momentum to continue this year and foresees the premium bike and scooter segments growing on a rise in exports and higher penetration of electric two-wheelers.

Automobiles continue bumpy pandemic ride as retail sales down 9% in February

Sales fell 20.65% from February 2020, going by Federation of Automobile Dealers Associations

Demonetisation could hit November sales by 13-14%: Minda

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.

Easy to achieve sales of 4000/month going ahead: Atul Auto

August sales for Atul Auto came in at 3,915 units in August, a 23 percent rise month-on-month. These are the highest sales numbers since December 2015.

Atul Auto sees sales volumes improving to 3,500 units soon

With Gujarat increasing its value added tax sales of Atul Auto were hit until May 15, said Jitendra Adhia, the President-Finance, adding that the company has picked up momentum and will make up for the losses in the coming quarters.

Double-digit volume growth likely in FY17: Atul Auto

Jitendra Adhia, President - Finance of Atul Auto says the VAT issue in Gujarat has been resolved in the second half of May, so volume sales will regain momentum

Bajaj Auto's July sales plunge 18% to 2.81 lakh units

The company sold 2.47 lakh motorcycles in July, down 20 percent year-on-year. Three-wheeler CV sales also slipped 2 percent to 34,499 units.

Govt approves new category of vehicle 'quadricycle'

In a move that could impact the entire auto universe, the government has given approval for recognizing a new segment in the automobile space which could see a new wave of innovation among OEMs.

Exports all-time high; passenger vehicle segment up: M&M

Arun Malhotra, senior vice-president - sales & customer care, automotive division, M&M, says that the company's domestic sales have grown by 20% and there has been 27% growth in passenger vehicles segment. He also say that in the last four months the company has no shut down or slow production and they are working at full capacity.

Despite slowdown, Bajaj eyes 40K 3-wheeler sales from Aug

The second largest two-wheeler maker in India, Bajaj Auto reported a dip in total sales for the month of June. Its total sales dropped to 6% year-on-year to 3,45,162 units as demand for motorcycles in India slowed down. A disruption in three-wheeler sales in Eygpt and Sri-Lanka also hit the company‘s exports.

Bajaj Auto June sales slip 6% on slower bike sales, exports

India's second largest two-wheeler maker Bajaj Auto saw its total sales in June slide 6% year-on-year to 3,45,162 units as demand for motorcycles in India slowed, while disruption in three-wheeler sales to Egypt and Sri Lanka hit exports.

Bajaj Auto April sales up 4% YoY at 3.82 lakh units

Bajaj Auto's total sales in April rose 4% from a year ago to 3,81,590 lakh units as growth in motorcycle sales and exports offset a decline in three-wheeler sales.

Bajaj Auto slips on Sri Lanka import duty hike

Bajaj Auto shares slipped over 2% on Monday on fears that a sharp hike in import duty by Sri Lanka would hurt sales of India's second largest two-wheeler maker in the island nation.

Tough to meet 4.5-4.6m sales guidance in FY12: Bajaj Auto

India's second largest two-wheeler maker Bajaj Auto says it will be difficult to achieve its guidance of 4.5-4.6 million units in 2011-12, due to a slowdown in sales of motorcycles.

Bajaj Auto unveils four-wheeler RE60

Bajaj Auto on Tuesday led to rest all the speculation surrounding its ultra-low-cost-car programme by unveiling the four-wheeler RE60, which it feels will revolutionize mass transportation and change the way people commute within the city.

Bajaj Auto Q2 net misses forecast; how's the road ahead?

Bajaj Auto shares recovered on Friday, rising 1.4% at Rs 1,635.75 on NSE, after getting thumbs down by the street on Thursday following a mixed results announcement for July-September.

TVS Motor Q1 beats street, net up 46% YoY to Rs 58.80 crore

Two-wheeler maker TVS Motor Co’s net profit for the first quarter rose a better-than-expected 46% year-on-year to Rs 58.80 crore, aided by strong sales growth.

Strong sales, price hikes to drive Bajaj Auto Q1 earnings

Auto sales in India have slowed in last few months as expensive loans, high fuel prices and price hikes by vehicle makers have deterred buyers from new purchases. But, earnings of two-wheeler makers like Bajaj Auto are expected to accelerate in the first quarter as the sector remains relatively insulated from high interest rates and fuel prices.

Expect tractor sector to grow at 15% in FY12: M&M

In an interview with CNBC-TV18, Avinash Patankar, Senior Vice President - Sales & Channel Development, Farm Equipment Division at Mahindra and Mahindra spoke about the April sales number of the company and the road ahead.

Don't see any pressure on NIMs ahead: Shriram Transport

Shriram Transport Finance Corporation came out with its results. The revenues were up 19.2% at Rs 1375.6 crore versus Rs 1154.5 crore.