Auto Industry

Showing of 61 - 80 from 185 results
Auto Industry - Total results - 185
Tata Motors to hike passenger vehicle prices from January; move to offset impact of conforming to BSVI emission norms
Business

Tata Motors to hike passenger vehicle prices from January; move to offset impact of conforming to BSVI emission norms

Tata Motors on Wednesday said it will increase prices of its passenger vehicles from January, primarily in order to offset impact of upgrading its portfolio to conform to BSVI emission norms

Maruti Suzuki to increase vehicle prices from January to offset rising input costs
Business

Maruti Suzuki to increase vehicle prices from January to offset rising input costs

The country's largest carmaker Maruti Suzuki India on Tuesday said it will increase prices of its vehicles from January to offset rising input costs

Nitin Gadkari asks carmakers to focus on alternative fuel vehicles; assures govt support
Business

Nitin Gadkari asks carmakers to focus on alternative fuel vehicles; assures govt support

Terming huge crude oil import a "big economic challenge" for the country, Union Minister Nitin Gadkari on Wednesday urged automakers to focus on alternative fuel vehicles as well and ensured Government's support in the venture

Passenger vehicle retail sales jump 11% in October on festive demand: Industry body FADA
Business

Passenger vehicle retail sales jump 11% in October on festive demand: Industry body FADA

Automobile dealers' body FADA on Tuesday said retail sales of passenger vehicles in October increased 11 percent to 2,48,036 units against the same period last year, driven by festive demand during the month

M&M Q2 net profit plunges 78% at Rs 368 cr; revenue from operations down 6% to Rs 23,936 cr
Business

M&M Q2 net profit plunges 78% at Rs 368 cr; revenue from operations down 6% to Rs 23,936 cr

Mahindra & Mahindra on Friday reported 78.44 percent decline in consolidated profit after tax (PAT) at Rs 368.43 crore for the quarter ended 30 September, 2019

Maruti parent Suzuki Motor Corp says company no longer gung-ho about India’s auto market
Business

Maruti parent Suzuki Motor Corp says company no longer gung-ho about India’s auto market

Suzuki Motor Corp said it was no longer gung-ho about India’s auto market, the world’s fourth-largest, where it has seen relentless growth in the past seven years. And the parent of the country’s biggest car maker is not alone

Anand Mahindra says auto industry needs to switch to reporting retail and not wholesale volumes
Business

Anand Mahindra says auto industry needs to switch to reporting retail and not wholesale volumes

Anand Mahindra's tweet was a response to the auto firm's managing director Pawan Goenka's tweets on Sunday.

Maruti Suzuki's domestic auto sales rise in October, first time in 7 months; M&M, Toyota improve performance
Business

Maruti Suzuki's domestic auto sales rise in October, first time in 7 months; M&M, Toyota improve performance

Automobile manufacturers, including Maruti Suzuki India, Mahindra & Mahindra and Toyota Kirloskar Motor, on Friday reported improved sales in October driven by festive season demand amid a prolonged slowdown in the sector

Maruti Suzuki October sales up 4.5% at 1,53,435 units; compact car sales rise 16%
Business

Maruti Suzuki October sales up 4.5% at 1,53,435 units; compact car sales rise 16%

The country's largest carmaker Maruti Suzuki India (MSI) on Friday reported a 4.5 percent increase in total sales at 1,53,435 units in October

Tata Sons to increase stake in Tata Motors to 43.73% post-Rs 6,500 cr preferential issue
Business

Tata Sons to increase stake in Tata Motors to 43.73% post-Rs 6,500 cr preferential issue

Tata Sons, the promoter of major operating companies of the Tata Group, will increase its shareholding in Tata Motors to 43.73 percent after the proposed Rs 6,500 crore preferential issue by the automobile manufacturer

Toyota eyes the upcoming Olympic games to give its hydrogen powered cars a boost
News & Analysis

Toyota eyes the upcoming Olympic games to give its hydrogen powered cars a boost

Toyota is also aiming to boost the number of its Sora hydrogen buses on the roads of the Olympics.

Passenger vehicle retail sales fall 20% to 1.57 lakh units in September: Industry body FADA
Business

Passenger vehicle retail sales fall 20% to 1.57 lakh units in September: Industry body FADA

Automobile dealers' body FADA on Friday said passenger vehicle retail sales in September declined 20.1 percent to 1,57,972 units against the same period last year as the onset of festival season and never-seen-before discounts failed to lift demand

Passenger vehicle sales drop 24% in September, 11th consecutive month of decline in off-take
Business

Passenger vehicle sales drop 24% in September, 11th consecutive month of decline in off-take

Domestic passenger vehicle sales dropped by 23.69 percent in September to 2,23,317 units, down from 2,92,660 units in the year-ago period, making it the 11th consecutive month of decline in vehicle off-take

Commercial vehicle sales to remain subdued in current fiscal amid tight financing environment: ICRA
Business

Commercial vehicle sales to remain subdued in current fiscal amid tight financing environment: ICRA

Rating agency ICRA on Monday said its outlook for the domestic commercial vehicle industry remains negative for the rest of the fiscal due to subdued sales amid slowing economic growth and tight financing environment

Auto sector slowdown: Festive season fails to lift passenger vehicle sales, major cos report decline of up to 56% in September
Business

Auto sector slowdown: Festive season fails to lift passenger vehicle sales, major cos report decline of up to 56% in September

Major automobile makers, including Maruti Suzuki, Hyundai, Mahindra & Mahindra, Tata Motors, Toyota and Honda, on Tuesday reported double-digit declines in domestic passenger vehicle sales in September as onset of the festive season failed to lift the ongoing slump in the auto industry

Maruti Suzuki cuts prices of select models by Rs 5,000 after Nirmala Sitharaman's announcement of corporate tax rate cut
Business

Maruti Suzuki cuts prices of select models by Rs 5,000 after Nirmala Sitharaman's announcement of corporate tax rate cut

The country's largest carmaker Maruti Suzuki India on Wednesday reduced the prices of select models by Rs 5,000 (on ex-showroom prices)

No need to ban petrol, diesel vehicles; EVs picking up momentum naturally: Nitin Gadkari
Business

No need to ban petrol, diesel vehicles; EVs picking up momentum naturally: Nitin Gadkari

Allaying fears of the automobile industry, Union Road Transport Minister Nitin Gadkari on Monday said there is no need to ban petrol and diesel vehicles as electric mobility has picked up momentum on its own and all buses would be electric in two years

Auto industry to benefit from corporate tax revision; will attract FDI in manufacturing sector: ICRA
Business

Auto industry to benefit from corporate tax revision; will attract FDI in manufacturing sector: ICRA

The automotive industry, which accounts for about half of the country's manufacturing GDP, is likely to be one of the key beneficiaries of corporate tax revision, rating agency ICRA said on Monday

GST Council meets tomorrow to decide on tax moderation; industries seek relief amid economic slowdown
Business

GST Council meets tomorrow to decide on tax moderation; industries seek relief amid economic slowdown

Amid the clamour for a rate cut by various industries, the all-powerful GST Council will hold a crucial meeting on Friday to decide on tax moderation, keeping in mind the revenue position and the need to boost sagging economic growth

GST Council meet: Hero MotoCorp urges phase-wise tax reduction; seeks early rate cut for 2-wheelers
Business

GST Council meet: Hero MotoCorp urges phase-wise tax reduction; seeks early rate cut for 2-wheelers

Hero MotoCorp on Thursday urged the government to consider a phase-wise reduction in GST on automobiles, cutting rates for two-wheelers in the first stage, and deferring tax cut on four-wheelers to a later stage