The Competition Commission of India (CCI) on Monday slapped a penalty of Rs 2,545 crore on 14 top carmakers of the country for violating trade norms in the spare-part andafter-sale service market.
The Sensex opened with a positive gap of 24 points at 8,333, which turned out to be the low for the day.
Companies have also managed to find talent created by frequent exits.
Sensex opened weak and is now down 5 points at 7811. Nifty is down 9 points at 2372.
In absolute terms, prices will go up by Rs 5,500 to Rs 47,000, depending on the model and prevailing prices.
The Yamaha R3 is not a completely track focused machine, like the R15. Seating of the bike is much comfortable and you can use it for your routine commuting as well and that is why it has been tagged as a daily superbike.
Prices across all models starting from Eon to Santa Fe has been hiked in the range of Rs 15,000 to Rs 127,000
This is the first decline since June this year when car sales declined by 11%.
Sales of commercial vehicles were up 11.45 per cent to 56,840 units in December 2015.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
The Sensex after moving in a range of 10,556 to 10,690, finally ended with a loss of 31 points at 10,595.
The Sensex finally closed with a loss of 49 points at 5,463. The Nifty lost 17 points to close at 1,700.
Sensex ends at an all time high of 10,565
The Sensex opened nine points higher at 5,438. It is now up 25 points at 5,454 on steady buying in almost all the sectors.
The Sensex opened 13 points higher at 5,410, and soon climbed to touch an intra-day high of 5,418. However, profit-taking at higher levels pushed the index into negative zone to a low of 5,376.
The company sells a range of vehicles from three-wheelers to high-end sports utility vehicles.
The Sensex closed with a gain of 111 points (1.4%) at 8,318.
Arun Mohan Nadar was impressed with this indigenously developed bike
The Sensex opened on a flat note at 4,802. It is now down 22 points at 4,780.
Having learnt lessons from the past with Baleno and SX4 models, the company is preparing to aggressively tap customers who are looking to upgrade, with the Ciaz, on which it has invested Rs 620 crore (Rs 6.2 billion) on development.
Strong festive demand in October helped carmakers register a seven-per cent volume growth in the domestic market, even as the largest player, Maruti Suzuki, reported low single-digit growth.
Strong buying in auto, select heavyweight and other old economy stocks saw the Sensex close with a gain of 48 points at 6,451. The Nifty added 16 points to 2,043.
As the festive season approaches, two-wheeler manufacturers are gearing up to give their best. One of the major segment of the industry - -- the 150cc motorcycles - -- is already on fire with lots of fresh offerings.
While home-grown firms like Tata and Mahindra have been actively participating in the government's e-mobility mission, by launching electrified versions of their existing models, the global firms believe electric is not the best solution for a country where the primary source of power generation is coal, and where infrastructure is a big impediment.
The first month of the new fiscal year saw a slight change in sales trends as market leader Maruti Suzuki saw a decline in sales of its popular models.
Maruti Suzuki remains India's most influential auto brand.
Tesla's Model 3 sedan, scheduled to roll out later this year, will be critical to founder Elon Musk's ambitions to transform his company from a niche car-maker into a mass-market manufacturer.
The impressive riding dynamics of the Gixxer now get a sporty full fairing that makes this 155cc offering from Suzuki a lot more desirable, says Indian motoring website MotorBeam.
The government has mandated that from October 2017, all new car models will have to be equipped with airbags to meet crash test norms.
With no signs of economic revival under the current political circumstances, SIAM said it expected a turnaround in the fortune of the auto industry only after a new government is formed after the general elections next year.
McLaren's Fernando Alonso faces a time penalty in Sunday's Austrian Grand Prix as well as starting from the back of the grid as a result of exceeding his engine allocation for the season.
French carmaker Renault is developing an even smaller sport utility vehicle Captur after the successful launch of the Duster in 2012.
As it is with all Hyundais, the quality of the materials used is good and the cabin feels premium, practical and well put together.
Maruti Suzuki, Hyundai and Mahindra failed to register significant growth.
The vehicle will compete with the likes of Toyota's Innova, Maruti's Ertiga.
Seeking to make a mark in the big car segment, the country's largest car maker Maruti Suzuki India will open bookings of its upcoming mid-sized sedan Ciaz from Wednesday.
German car-maker Volkswagen on Thursday said it will increase its vehicle prices by up to 2.5 per cent in India from next month in order to offset impact of high input costs.
Unlike previous Paris auto shows, where new diesel models took centerstage, much of the buzz this year centred around hybrids and electric vehicles.