India’s auto industry is already reeling, with sales of cars, trucks and motorbikes falling 18% last fiscal year to 21.5 million vehicles
12 May 2020 10:42 AM
Maruti Suzuki India, Hyundai Motor India Ltd, Mahindra & Mahindra, Toyota Kirloskar Motor and MG Motor India reported nil sales
04 May 2020 3:57 PM
Government last week sent India into a 21-day lockdown to try to curb the spread of the virus, forcing automakers to suspend manufacturing
02 Apr 2020 12:47 PM
The Jeeto Plus is powered by a 625cc, single-cylinder diesel engine that produces 16 BHP and 38 Nm.
23 Nov 2019 1:54 AM
The company had posted a PAT of Rs 1,708.92 crore for the same quarter last fiscal.
08 Nov 2019 3:23 PM
We no longer think that growth in India will be an uninterrupted move upwards, Suzuki President Toshihiro Suzuki cautioned.
08 Nov 2019 2:05 PM
The company had sold 58,416 units in the corresponding month last year, M&M said in a regulatory filing.
01 Nov 2019 2:13 PM
As per the JD Power report, Indian car buyers are putting more emphasis on vehicle styling.
31 Oct 2019 3:21 PM
Run by a team of nine women, the facility, called Compact Qwik (CQ) outlet, is a Mahindra authorised two-bay workshop.
23 Oct 2019 2:52 AM
The JV is expected to be operational by mid-2020, subject to regulatory approvals.
02 Oct 2019 1:53 AM
The two companies have for months been negotiating the deal, which will see Ford hold a 49 per cent stake in the new entity.
01 Oct 2019 6:04 PM
The two companies have for months been structuring the deal to create a new entity in which Ford will hold a 49 per cent stake.
26 Sep 2019 3:11 PM
Mahindra has increased the prices of the remaining variants marginally as well.
23 Sep 2019 2:41 PM
Maruti Suzuki sold 5,55,064 units this fiscal as compared with 7,57,289 units during April-August previous year.
15 Sep 2019 2:08 PM
Earlier, Mahindra had also launched leasing scheme, in which one had to make a down payment for leasing a car.
13 Sep 2019 2:37 AM
M&M's Managing Director Pawan Goenka said that the auto maker has retrenched about 1,500 temporary workers since April 1.
18 Aug 2019 3:57 PM
PV production in the April-July period stood at 12,13,281 units as against 13,97,404 units in same period last fiscal.
15 Aug 2019 1:07 PM
Domestic PV sales also saw the biggest fall in nearly 19 years, slumping by 30.98 pc to 2,00,790 units.
13 Aug 2019 3:15 PM
M&M said it would be observing 'no production days' in various plants for 8-14 days during second quarter of 2019-20.
09 Aug 2019 7:48 PM
Led by losses in these scrips, the BSE auto index fell 1.07 per cent to close at 16,948.23.
10 Jul 2019 7:40 PM