Hero MotoCorp's manufacturing facilities at global locations -- one each in Colombia and Bangladesh -- also restarted production during the month.
Two-wheelers, passenger vehicles seeing resurgence in inquiries; CVs witness negligible demand: Motilal Oswal
In May, wholesale volumes are estimated to decline by 77 percent for two-wheelers, 77 percent for passenger vehicles and 90 percent year-on-year for commercial vehicles due to the lockdown and low demand.
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
Industrial units face multiple challenges to resume operations despite relaxations in lockdown norms: FIEO
The revised guidelines require the stay of workers to be within the premises or in the adjacent building or requires their transportation in a dedicated vehicle.
TVS Motor Company on Thursday reported a 55.5 percent decline in total sales in March at 1,44,739 units
Automobile sales in India across categories declined 19.08 percent in February as economic slowdown continued to hit demand, besides lower production in view of transition to BS-VI emission norms affecting wholesale dispatches, auto industry body SIAM said on Friday
Anand Mahindra takes a cue from physically challenged man’s venture, earmarks Rs 1 cr fund for micro-entrepreneurs
Mahindra said that he would reach out to Patel to see if the Mahindra chief can invest in upgradations for his workshop.
Domestic passenger vehicle sales declined 1.24 percent to 2,35,786 units in December from 2,38,753 units in the year-ago period
Passenger vehicle retail sales up 1% to 2.57 lakh units in November driven by festive demand: Industry body FADA
Automobile dealers' body FADA on Wednesday said retail sales of passenger vehicles in November increased 1 percent to 2,57,271 units against the same period last year, driven by festive demand during the month
Domestic car sales decline by 11% to 1.60 lakh units in November; motorcycles sales plunge 15%: SIAM
Vehicle sales across categories registered a decline of 12.05 percent to 17,92,415 units from 20,38,007 units in November 2018
Two-wheeler market leader Hero MotoCorp on Monday said it will increase prices of its motorcycles and scooters by up to Rs 2,000 from January
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
Festive season buys, launch of new models help passenger vehicle sales snap 11-month slide in October: SIAM
Sales of commercial vehicles were down 23.31 percent at 66,773 units in October, SIAM said.
HMSI Employee Union leaders alleged that the company has reduced the production of the facility by 50 percent and is in the process of retrenching more contractual workers.
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
Auto sector slowdown: Sales continue to be on slow track in September; festive season fails to cheer vehicle industry
Before suffering the steepening slump in sales, the auto industry provided one of the few bright spots for manufacturing
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
Auto sector slowdown: Passenger vehicle sales decline for 10th straight month; log worst-ever fall of 31.57% in August
India's domestic passenger vehicle sales fell for the tenth straight month in August, declining 31.57 percent to 1,96,524 units from 2,87,198 units in the year-ago period
Vehicle sales across categories registered a decline of 18.71 percent to 18,25,148 units from 22,45,223 units in July 2018
The auto industry is unanimous on its demand for an immediate GST reduction on automobiles to 18 percent, SIAM said on Friday