Eicher Motors

Auto stocks tumble up to 9% as sales in India see sharpest fall in 19 years in July

Auto stocks tumbled up to 9 percent on Tuesday after industry body SIAM reported that automobile sales in India witnessed sharpest decline in nearly 19 years in July, dropping 18.71 percent, rendering almost 15,000 workers jobless over the past two-three months

Auto stocks see massive selling, tank up to 6.5% on proposal to hike registration fees for old, new vehicles

Auto stocks tumbled up to 6.5 percent on Monday as investor sentiment were hit after decision to reduce tax rate on electric vehicles and proposal to hike registration fees for old and new vehicles

Auto stocks fall up to 3% after passenger vehicle sales decline for eighth consecutive month in June

Auto stocks fell up to 3 percent on Wednesday after SIAM data showed that domestic passenger vehicle (PV) sales declined for the eighth consecutive month in June

Shares of automakers slide up to 3% on proposal over electric vehicles transition

Shares of automakers fell by up to 3 percent on Monday after NITI Aayog asked industry body SIAM along with conventional two and three-wheeler makers to suggest within two weeks, concrete steps towards the transition to electric mobility

Royal Enfield to invest Rs 700 crore in 2019-20 for Technology Centre, phase-2 of TN plant

Royal Enfield will use capex for the construction work of the Technology Centre, Phase-2 of the Vallam Vadagal plant in Tamil Nadu

Royal Enfield Oragadam plant employees strike work over transfer of six staff; talks fail to clinch deal

Royal Enfield was focused on resolving all issues in an amicable manner while keeping the best interests of the company and its workforce, it said.

Tata Motors, Mahindra top R&D spenders in auto industry; 25 automakers invested Rs 6,344 cr in 2016-17

The five biggest spenders on R&D were Tata Motors, M&M, Maruti Suzuki India (MSI), Honda Cars India and Ashok Leyland

Eicher Motors closes down joint venture with US-based Polaris Industries Inc; 'Multix' to be discontinued

Eicher Motors on Monday said the board of Eicher Polaris Pvt Ltd (EPPL) has passed a resolution to close operations of the JV firm with immediate effect

Maruti, Toyota, Mahindra, Tata Motors log single digit vehicle sales growth in October

Maruti Suzuki India (MSI) said its domestic sales were at 1,36,000 units, up 9.9 percent from 1,23,764 in October last year

Eicher Motors close to acquiring Italian superbike Ducati for $1.8-2 billion, says report

Volkswagen has already tasked investment banking boutique Evercore to evaluate possible options including a sale of the Ducati brand