Rural slowdown may delay growth in the economy.
From Hyundai to Tata Motors, automakers are staring at a bleak future. With no succor provided in the Budget, the pain for companies is likely to continue for the next two quarters.
Maruti Suzuki, Hyundai, Mahindra and Toyota reported low single-digit sales growth for the month owing to weak market sentiment
The measures government takes next to push economic growth will be the key for automotive sector
Even as domestic passenger car sales declined 29.4 per cent between April and August this year, exports grew 6.5 per cent, partially cushioning the blow from slowing sales.
Fuel price hike will impact demand going forward.
What will it take for Tesla to plug and play in India? Sector pundits say it's a mix of strategy, getting the price right, timing, the right talent, and above all, patience.
Honda cars has strengthend market share in India in the past five years.
Auto firms are likely to perform better in coming months.
Maruti Suzuki India said its domestic sales rose 10.6 per cent in May.
Here are 6 Indian motorcycles which were complete failures in the Indian two-wheeler market.
Before taking such loans, compare the interest rates charged by various players, advises Sanjay Kumar Singh.
Falling incomes and longer winter to translate into lower demand for at least some months.
Among the stocks that have seen the largest cut by MFs, the DVR shares (shares with differential voting rights) of Tata Motors have seen a cut of 243 basis points (bps) in MFs' stake.
Dealer despatches will probably be a good signal of economic turnaround or further deterioration, says Devangshu Datta.
The slowdown is especially pronounced in rural areas, which have suffered two consecutive dry years.
What stocks will gain from a normal monsoon?
TVS should be prepared for a rough ride as Bajaj Dominar, Mahindra Mojo, Royal Enfield Classic 350 and many others are stepping on the gas for a slice of this category.
Component makers don't see any recovery yet, but manufacturers believe the end of poor sales is nearing its end.
Come the rains and two-wheeler racing fanatics line-up for the popular off-beat challenge. The latest edition was on Sunday, August 8. There were entries from Mumbai, Nashik, Pune, Thane, Bangalore, Bhopal, and Jodhpur. Like previous years, this time too Sportscraft chose the backwoods of Navi Mumbai to give riders a chance to test their driving and racing skills in a safe environment.
This is the first decline since June this year when car sales declined by 11%.
Maruti Suzuki posted a marginal increase in January and the likes of Hyundai, Ford and Mahindra & Mahindra reporting a single-digit growth.
Ministries such as road transport and heavy industries are learnt to have objected to NITI Aayog's attempts to become an implementing body for the EV programme.
About two dozen car & SUV models and two-wheelers lined up for launch
Sachin Tendulkar, Virat Kohli, Katrina Kaif, Ranbir Kapoor and Alia Bhat all turned up at the 13th edition of the gala car fair.
India Inc expects the RBI to cut interest rates by early next year.
Arun Jaitley presented the Budget in Parliament on Saturday.
Experts feel select companies in banking, automobiles, financial services & real estate will gain from lower interest rates
Sensex ended up 11 points at 25,561 and the 50-share Nifty gained 16 points to end at 7,640.
A record number of 85 products will be launched.
TCS tops the list of 100 wealth creators for the fourth time in a row
'It is going to be as high as 50% in the coming one or two months and can be about 20% to 25% in the medium term.'
The wheels turn for bicycles, as manufacturers go back to the basics. After motorised two-wheelers overtook cycle sales in the country, manufacturers are focusing on commuter segment again and reviving entry-level cycles.
Increasing the duties on auto parts and putting an additional cess on petrol and diesel could drive up costs of vehicles, specially where volumes are low and localisation is not viable.
Car makers are cautiously optimistic, even as two-wheeler firms are clearly upbeat.
During May, Maruti Suzuki's domestic car sales were up 2.59 per cent at 87,402 units as against 85,190 units in the same month last year.
From Dabur to HUL, here are 10 stocks with significant rural exposure in the auto, agri-chemical and fast moving consumer goods sectors, which should see an uptick in sales growth.
Increase in taxes on luxury cars will not have any effect on the demand
All the sectoral indices, led by realty, metal, consumer durables and power were trading in the negative zone on Thursday.
Markets recovered in late trades, amid firm European cues, led by rebound in financials and gains in IT shares.