A good agricultural harvest and a timely arrival of monsoon, besides a slew of government schemes, have also come as a bounty.
Cyrus Mistry in his second appearance as chairman of Tata Motors tried to reassure shareholders that steps were being taken to regain market share in both cars and trucks.
After Tata Motors, Mahindra & Mahindra and Ashok Leyland are expected to set up automobile plants in West Bengal in reponse to an initiative launched by the state government under Buddhadeb Bhattacharjee.
Sluggish corporate earnings, lacklustre global markets, FPI and slowdown concerns have played spoilsport for the markets.
Buses that run on battery, trucks that purr on LNG, and more from the stables of Tata Motors, Mahindras and Ashok Leyland. The Auto Expo 2018 had these and more.
Close to half a dozen more three-row premium mid-size models are expected to hit the road over the next two years.
As part of Ford Motor Company's crack research and development team, he helped the US car maker launch its popular hybrid car Excape.
The compact segment where Sonet will be launched is crowded with the Maruti Vitara and Brezza, which top the sales' list, and a bevy of models from Mahindra & Mahindra apart from Hyundai's offering. But volumes in this are slightly higher than those in the mid-segment, making it attractive, says Surajeet Das Gupta.
Let's take a look at Maxximo Plus, which was launched in India on Monday.
Maruti, Hyundai, Tata Motors, Mahindra & Mahindra and Honda saw their passenger vehicle sales improve in August compared to the same month last year, although Ford and Toyota witnessed a decline.
Major automobile manufacturers like Maruti Suzuki, Hyundai, Mahindra & Mahindra, Tata Motors and Toyota Kirloskar on Tuesday reported decline in domestic passenger vehicle sales in May compared to the previous month as a spike in COVID-19 cases and lockdowns across various states hit production and dispatches. The country's largest carmaker Maruti Suzuki India (MSI), which shut production from May 1 to May 16 so as to divert oxygen from industrial use for medical purposes, reported domestic dispatches to dealers at 35,293 units last month, down 75 per cent from 142,454 units in April. The company said sales of its mini cars, comprising Alto and S-Presso, declined by 81 per cent to 4,760 units in May as against 25,041 units in April this year.
Priced at Rs 4.43 lakh, the vehicles has a lower turning radius, stlish interiors and better payload capacity.
It is expected to be ready by 2017.
Homegrown auto major Mahindra & Mahindra unveiled its concept electric sports car 'Halo' which it expects to launch commercially in the next three years.
The Sensex after touching a high of 19,344, ended finally at 19,326 -- up 148 points. Nifty ended up 42 points at 5,850.
Indian auto major Mahindra & Mahindra has set up a joint venture with American manufacturer Navistar International to produce and market light, medium and heavy commercial vehicles for Indian and export markets.\n\n
The first launch from its Korean arm is produced at the Chakan plant with some localisation, the company said.
The growth momentum that started during the festival season is likely to sustain in the new year, reports Arindam Majumder.
The vehicle was designed and developed by the company's Chennai-based research team.
The company sells various utility vehicles ranging from newly launched compact SUV XUV300 to premium SUV Alturas G4.
The company announced on July 11 that it would stop production at its automotive plants for a period ranging from 1 to 8 days during the remaining period of the month.
A steady climb in volumes has helped the company double its market share in the segment to 5 per cent in the first six months of the financial year from the year-ago period and it has now set its sights on a 10 per cent share in the next two years.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
With entry-level cars being preferred amid the pandemic, market leader Maruti Suzuki has strengthened its hold, along with Hyundai Motor India.
Auto companies are now grappling with a slowdown in sales, triggered by pent up demand due to the COVID-led lockdown easing a bit and supply-side issues for raw material.
Ssanyong has invested 700 billion won since its M&A (with Mahindra) and would put one trillion won ($920 million) in next three years.
Passenger vehicle wholesales in India rose by 14.16 per cent in August to 2,15,916 units, driven by pent-up demand, industry body SIAM said on Friday. According to the latest data by the Society of Indian Automobile Manufacturers, passenger vehicle wholesales stood at 1,89,129 units in the same month last year.
Don't be surprised if you see cars from the two manufacturer in a foreign land. The carmakers are supplying their vehicle in over 11 countries.
Besides their country of origin, General Motors, Ford Motor and Harley-Davidson have another trait in common: all three have failed in India, the world's fifth largest automobile market. All three of them took a tough call to de-prioritise India as a market amid disruption from heightened regulations and sharper focus on capital allocation by the parent.
The phenomenal success of Xcent, Grand and Santa Fe increased volumes creating positive momentum
The Prime Minister currently uses two custom-built BMW 7 Series cars, one being a decoy vehicle.
When it comes to price versus the features, Mahindra's beast is a clear winner.
'I have personally been very keen on investing in lithium ion battery technology for some time.'
After auto components major Bosch Ltd, Sundaram-Clayton, Hero MotoCorp now announce temporary production shut down
Officials say domestic revival in this segment more difficult, as it doesn't have to do with consumer sentiment.
Maruti and Hyundai see marginal rise in demand for entry-level hatchbacks.
From 5G to Tesla to Covid vaccine, 10 things will shape India's future.
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