Homegrown auto major Mahindra & Mahindra (M&M) on Monday announced a rejig of its top management in automotive and farm equipment sectors with its President for auto vertical Rajan Wadhera set to retire and step down from the executive role
Sensex plunges 334 points, Nifty below 12,000-mark driven by losses in banking, auto stocks; Yes Bank, SBI among top losers
After opening on a positive note, the 30-share BSE Sensex witnessed a continuous slide and went on to hit a low of 40,393.46 during the day.
Auto stocks skid on sluggish November sales; Maruti Suzuki shares fall by 1.77%, TVS Motor down 2.59%
Shares of automobile companies tumbled as much as 2.59 percent on Monday after they posted subdued sales numbers for November
Here's a list of all the electric vehicles that could be showcased at the 2020 Auto Expo.
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
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
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
Sensex was trading 514.33 points, or 1.33% higher at 39,107.85 at 10.15 am, while the broader Nifty rose 169.70 points or 1.48% to 11,609.90
Sign of revival in automobile sector; coming six-week festive season will be decisive, says Mahindra's MD Pawan Goenka
"If the sale remains encouraging, the automobile sector will gather pace," Goenka said
Auto, real estate firms made a killing during boom time; it’s time now for them to think beyond profits, cut prices
Automakers also need to introspect on the quality of the product they offer to the Indian audience vis-à-vis customers in other advanced markets.
Mahindra, Tata Motors offer discounts on select models to lure in customers, beat auto sector slowdown
Auto sector majors like Mahindra and Mahindra and Tata Motors are the ones who are offering huge discounts.
Auto sales slowdown: Carmakers cannot sit idle waiting for a saviour; proactive approach, fresh strategy key to emerge from doldrums
This crisis is a good opportunity for carmakers to introspect and see if they have been taking the Indian customer for granted vis-à-vis other markets.
Home-grown auto major Mahindra & Mahindra rolled out on Thursday a subscription-based service for retail buyers of its personal range of vehicles to boost plummeting demand
Owing to the slowdown in the automobile industry, Mahindra & Mahindra has deferred its planned capex of around Rs 1,000 crore by a year, which, if not reversed within this fiscal, would lead to more job losses in the sector, the company's MD Pawan Goenka said on Thursday
Auto sector mayhem: Are we misreading distress signals emerging from plummeting sales and steep production cuts?
If behavioral changes and spending patterns or shift to a new type of vehicle is impacting auto sales, it would have primarily reflected in passenger sales only
LIC Housing Finance's profitability, disappointing M&M results; all this and more on Moneycontrol Pro
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Indian automakers Tata Motors Ltd and Mahindra and Mahindra Ltd (M&M) said on Friday they would cut production at some plants in response to slowing demand that industry executives say has driven the sector into one of its worst downturns
Homegrown auto major Mahindra & Mahindra (M&M) said on Friday that it will be suspending automobile production for 8-14 days in the ongoing quarter in various plants to align production with demand
Slowing demand in auto sector forces firms nearly 300 dealers to shut shop; Nissan, Hyundai worst hit
Nissan, which plans to cut about 1,700 jobs in India, witnessed the highest number dealership shutdowns at 44 in the past 18 months while Hyundai had to close 39 retail outlets during the same period.
Mahindra and Mahindra AGM: Cut taxes or rollback cess as auto gloom deepens, says chairman Anand Mahindra
Pitching for a lower GST or a rollback of the cess to pull the automobile industry out of the slowdown, M&M group chairman Anand Mahindra on Wednesday said that a revival of the industry would have a ripple effect on the entire economy