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8 mins read
There may be little solace for Maruti, M&M, Hero Moto, Bajaj Auto and others in the July auto sales data
While the first quarter was a complete washout for the Indian automobile sector, led by subdued dem…
2 mins read
Maruti Suzuki top honcho says car sales are better in rural than urban areas due to COVID-19
"Rural demand is little better than urban right now. In Maruti, the rural share has gone up to …
PTI
3 mins read
Maruti Suzuki will gain the most from economic recovery and also regain lost market share, say brokerages
The strong economic recovery anticipated this year has brought some good news for automobile compan…
2 mins read
Maruti’s revenue rises 10% as car sales increase but high commodity prices dampen profit
India’s largest carmaker Maruti Suzuki turned profitable after a quarter full of loss. Maruti Suzuk…
5 mins read
Car makers in India may have more bad news to share on Monday
Indian car makers have hit the worst patch in recent times. Passenger vehicle sales in India have…
1 min read
Maruti’s July car sales fall by a shocking 33.5%, despite heavy discounts
Maruti Suzuki has sold 109,264 units in July 2019, registering a steep 33.5% fall in sales compared…
1 min read
A global investment firm has 'SELL' rating on 70% of Indian car makers because sales may not pick up speed
Indian automakers have been witnessing a massive slowdown in sales and that has resulted in stock a…
2 mins read
Indigo reports highest-ever quarterly revenue of ₹130 billion
"Headwinds caused by depreciating rupee and higher fuel prices led to a net loss of Rs 10,643 mi…
4 mins read
Tata Motors’ net loss widens – inflation, China lockdowns to blame says company
Auto major Tata Motors missed analyst estimates as its net loss widened by five times to ₹4,950 cro…
2 mins read
Indian auto manufacturers axed 350,000 jobs in four months — and there are more to go
Car and motorcycle makers have axed 15,000 jobs, while 100,000 jobs were lost at auto parts manu…
2 mins read
Deep discounts fail as car sales are set to fall for the ninth straight month in July
Car sales have been slipping for the last eight months, and experts are predicting a tepid July mon…
2 mins read
Indian automakers are stuck between stricter emission laws and falling sales
The Indian auto industry has been witnessing one of its worst ever phases with sales slowing down f…
2 mins read
Suzuki just slashed its operating income forecast by 40% citing slower sales in India
India’s largest car maker Maruti Suzuki has cut production for eight months in a row due to lack of…
5 mins read
After Maruti and Hyundai, Tata Motors offers discounts as car makers get squeezed between slow sales and slower registrations
A 15% decline in car sales last financial year, zero sales in April, and a tepid recovery in May— …
1 min read
Maruti Suzuki’s June Sales Beat Estimates, Register 33% Growth
The sales of the small car segment, including Alto 800, Wagon R and A-Star, went up by 52.1%.
2 mins read
DMart's quarterly sales may fall 25% but the shares are already up 35% — the retailer is now bigger than Maruti, Nestle and HCL Tech
DMart’s share price has climbed by 35.7% since the beginning of the year. However, its fourth quart…
4 mins read
Sobering signals that Indian stock markets may be ignoring in this euphoria
Here are some of the triggers to take notice: The impact of less-than-expected rains re…
1 min read
Maruti Ciaz crosses the milestone of 1 lakh total sales in India
Maruti Suzuki, India’s biggest automaker, has declared that Ciaz, its mid-sized sedan, has crossed …
