Automobiles

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Automobiles - Total results - 275
Maharashtra stalls investment proposals by Chinese firms worth Rs 5,000 crore after Ladakh stand-off
Business

Maharashtra stalls investment proposals by Chinese firms worth Rs 5,000 crore after Ladakh stand-off

Maharashtra has stalled a proposal by China’s Great Wall Motor to invest nearly $500 million, days after a deadly border clash between the two nations, potentially delaying the company’s plan to tap one of the world’s biggest car markets

Kia Motors launches refreshed version of SUV Seltos; prices start at Rs 9.89 lakh in Delhi
Business

Kia Motors launches refreshed version of SUV Seltos; prices start at Rs 9.89 lakh in Delhi

Kia Motors India on Monday launched a refreshed version of its popular SUV Seltos with price starting at Rs 9.89 lakh (ex-showroom, Delhi)

Mahindra and Mahindra vehicle sales dip 79% in May to 9,560 units, exports fall 80%
Business

Mahindra and Mahindra vehicle sales dip 79% in May to 9,560 units, exports fall 80%

Auto major Mahindra & Mahindra (M&M) on Monday reported a steep 79 percent decline in total sales at 9,560 units in May

Coronavirus Lockdown: Hyundai Motor India sales decline 79% in May to 12,583 units, exports down 66%
Business

Coronavirus Lockdown: Hyundai Motor India sales decline 79% in May to 12,583 units, exports down 66%

Hyundai Motor India Ltd (HMIL) on Monday reported a 78.7 percent decline in total sales at 12,583 units in May

Maruti Suzuki India records 86% slump in May sales at 18,539 units; exports decline 49%
Business

Maruti Suzuki India records 86% slump in May sales at 18,539 units; exports decline 49%

The country’s largest carmaker Maruti Suzuki India (MSI) on Monday reported a 86.23 percent decline in total sales at 18,539 units in May

TVS Motor Q4 results: Consolidated net profit dips 43% to Rs 82 cr; total income falls 17% to Rs 4,129 cr
Business

TVS Motor Q4 results: Consolidated net profit dips 43% to Rs 82 cr; total income falls 17% to Rs 4,129 cr

TVS Motor Company on Thursday reported a 43.3 percent decline in its consolidated net profit to Rs 81.85 crore for the fourth quarter ended on 31 March, 2020

Maruti Suzuki India partners with HDFC Bank to offer flexible car finance schemes
Business

Maruti Suzuki India partners with HDFC Bank to offer flexible car finance schemes

The country's largest car maker Maruti Suzuki India on Thursday said it has partnered with HDFC Bank Ltd to offer flexible finance schemes for new car buyers

Renault, Nissan rebuild alliance to ride out coronavirus storm; thousands of jobs to be at risk after restructuring plans: Report
Business

Renault, Nissan rebuild alliance to ride out coronavirus storm; thousands of jobs to be at risk after restructuring plans: Report

When Renault SA, Nissan Motor Co and Mitsubishi Motors Corp announced the last strategy plan for their Alliance in September 2017, the goal was to become the world’s biggest automaker by 2022.

Maruti Suzuki partners with ICICI Bank, to offer retail financing schemes to customers
Business

Maruti Suzuki partners with ICICI Bank, to offer retail financing schemes to customers

The country's largest carmaker Maruti Suzuki India (MSI) on Tuesday said it has joined hands with ICICI Bank to offer retail financing schemes to its customers

COVID-19 Impact: TVS Motor Company cuts staff salaries by up to 20% for six months as sales plummet
Business

COVID-19 Impact: TVS Motor Company cuts staff salaries by up to 20% for six months as sales plummet

TVS Motor Company has decided to reduce salaries at executive level, barring entry-level workmen, from May till October this year.

Coronavirus Lockdown: Mahindra & Mahindra offers new finance schemes, special benefits for doctors, cops, women
Business

Coronavirus Lockdown: Mahindra & Mahindra offers new finance schemes, special benefits for doctors, cops, women

Auto major Mahindra & Mahindra on Tuesday rolled out a range of new finance schemes, including special offers for the Corona Warriors and women buyers, such as 8-year loan term, 90-days moratorium on payment and 100 percent on-road financing, to help customers purchase its vehicle with ease amid the lockdown

Maruti Suzuki India Q4 net profit dips 28% at Rs 1,322 cr on lower sales volume, higher promotion expenses
Business

Maruti Suzuki India Q4 net profit dips 28% at Rs 1,322 cr on lower sales volume, higher promotion expenses

The country's largest carmaker Maruti Suzuki India (MSI) on Wednesday reported a 27.77 percent decline in consolidated net profit to Rs 1,322.3 crore for the fourth quarter of 2019-20, on account of lower sales volume, higher promotion expenses and depreciation expenses

Govt's Rs 20-lakh cr stimulus package to revive commercial vehicle industry, says Ashok Leyland MD
Business

Govt's Rs 20-lakh cr stimulus package to revive commercial vehicle industry, says Ashok Leyland MD

The government’s Rs 20 lakh crore special economic package has the potential to be "sustainably beneficial" to all sectors of the economy and help revive commercial vehicle industry, in particular, Ashok Leyland MD and CEO Vipin Sondhi said on Wednesday

Coronavirus Lockdown: Auto component industry likely to witness double-digit degrowth in FY21, says India Ratings
Business

Coronavirus Lockdown: Auto component industry likely to witness double-digit degrowth in FY21, says India Ratings

The Auto component industry is likely to witness a second consecutive year of double-digit degrowth this fiscal mainly on account of disruption in operations due to coronavirus pandemic and the subsequent lockdown, according to a report

Toyota Motor Corp sees 80% profit drop as coronavirus pandemic wipes $14 billion off car sales
Business

Toyota Motor Corp sees 80% profit drop as coronavirus pandemic wipes $14 billion off car sales

Toyota Motor Corp said on Tuesday it expects profit to drop by 80 percent to its lowest in nine years, as Japan’s biggest automaker grapples with the impact of the novel coronavirus which has sapped global demand for vehicles

Skoda Auto Volkswagen India employees donate day's salary to support fight against COVID-19
Business

Skoda Auto Volkswagen India employees donate day's salary to support fight against COVID-19

Skoda Auto Volkswagen India on Tuesday said its employees have contributed their one-day salary to combat coronavirus pandemic

Honda Motor Co posts $276 mn loss in March quarter due to coronavirus, lockdown; sales decline 15%
Business

Honda Motor Co posts $276 mn loss in March quarter due to coronavirus, lockdown; sales decline 15%

Japanese automaker Honda Motor Co. sank deeper into losses for the fiscal quarter that ended in March, as the damage to the industry from the coronavirus outbreak hurt sales and crimped production

Coronavirus Lockdown: Maruti Suzuki resumes operations at Manesar plant on single shift basis after 40 days of closure
Business

Coronavirus Lockdown: Maruti Suzuki resumes operations at Manesar plant on single shift basis after 40 days of closure

The country's largest carmaker Maruti Suzuki India (MSI) on Tuesday said it has resumed operations at its Manesar plant in Haryana after around 40 days of closure due to the coronavirus-led lockdown

Lockdown 3.0: Some auto companies resume production, others prepare to restart manufacturing
Business

Lockdown 3.0: Some auto companies resume production, others prepare to restart manufacturing

Automobile majors, including Maruti Suzuki India, Mercedes-Benz, TVS Motor, and Royal Enfield, on Wednesday announced the resumption of or plans to restart production at their respective manufacturing units following the relaxation of guidelines by the government for the third phase of lockdown

Coronavirus Lockdown: Maruti Suzuki India to resume operations at Manesar plant from 12 May
Business

Coronavirus Lockdown: Maruti Suzuki India to resume operations at Manesar plant from 12 May

The country's largest carmaker Maruti Suzuki India (MSI) on Wednesday said it would resume operations at its Manesar plant from 12 May