Increased truck sales, new models push Leyland's share to 34%, from 30.2% in the same quarter a year before.
Big brands like Hyundai, Mahindra and Mahindra (M&M), Toyota and Renault have lost share.
Rate-sensitive sectors like banks, auto and realty witnessed strong buying demand in trades today
CEOs have complained that high interest rates have blocked their investment decisions. At the same time, customers are also deferring their purchases for new consumer durables, cars, and homes.
FPIs sold shares worth a net Rs 1236.95 crore on Friday.
General Motors' Tavera recall prompts Union government to formulate a stricter policy.
Since April, India has seen multiple strains of the coronanavirus sweep the nation, upending life and businesses alike. Out-of-home retail and discretionary categories such as durables, auto, fashion, lifestyle, hospitality, food services, travel, and tourism have been the worst-hit as Covid cases remain high, leaving state governments with no option but to curtail mobility and economic activity.
The industry players couldn't hide their disappointment.
Seen as a major initiative, the 'strategic partnership model' aims to create a vibrant defence manufacturing ecosystem in the country through involvement of both the major Indian corporates as well as the MSME sector.
Prices third Nexa car aggressively at Rs 4.59 lakh, to take on Hyundai's i10Grand and M&M'S KUV100.
Mahindra & Mahindra gets the biggest impact of the Supreme Court's ban on sale of vehicles in Delhi with diesel engines bigger than 2,000cc.
Chinese automakers Great Wall Motors, FAW Haima Automobile, and Changan Automobile, after dithering about entering India for some years, have been encouraged by the robust sales performance of the late entrants Kia Motors and MG Motors even in a slowing market.
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.
Tesla began taking orders for its $35,000 Model 3 sedan from Indian customers in April last year.
Making a debut in India with an SUV, Citroen's products in the next couple of years will clearly chart and define its destiny in what has become both a vibrant but also a daunting market for foreign entrants, says Pavan Lall.
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
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.
Sales of commercial vehicles were up 11.45 per cent to 56,840 units in December 2015.
The partnership will look to expand Ford's reach in the fast-growing Indian market and improve M&M's access to global markets
The offers mostly include free insurance, exchange bonus, and free accessories
Maruti, Hyundai & Mahindra together had 72.5% market share in year's first half.
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BSE auto index surged 2%, capital goods, healthcare and oil & gas indices also up.
Tesla began taking orders for its Model 3 sedan from Indian customers in 2016 and caught the fancy of people like GOQii's Vishal Gondal, Paytm's Vijay Shekhar Sharma and venture capitalist Mahesh Murthy. Amid hints from Elon Musk, Alnoor Peermohamed reports on Tesla's Indian entry.
During April, Maruti Suzuki India's domestic car sales were up 2.72 per cent at 86,481 units, as against 84,188 units in the same month last year.
A record number of 85 products will be launched.
The ban does not speak about used luxury cars.
These companies had threatened to leave Maharashtra and invest in other states when the state government had brought amendments to the Maharashtra VAT Act with effect from April 1, 2011, and made net sales the basis for VAT set-off claims.
Auto Expo's Twitter handle (@AEMotorShow), with a follower base of 16,000, is abuzz with activity. The Facebook page of Auto Expo has about 158,000 followers.
The company is banking on investments lined up for product development and other innovations.
Tata Motors, Hero MotoCorp, Ashok Leyland, M&M are up 3-6% on BSE.
FMCG, automobile industries say if GST regime kicks in, rail hubs can take Make in India to a new high.
The total number of passenger vehicles (cars and utility vehicles) sold annually in the 1970s was 32,000 units - less than even one week's sales today.
Tata now occupies the fourth slot with the incremental volumes from the Tiago
JLR is developing its own autonomous car technologies, which could one day trickle into Tata's more affordable people carriers.
Toyota, M&M and Honda are making tough adjustments to their growth plans as uncertainty over diesel vehicles and fuel emission norms rises
Rita Mozumdar argues small vehicles have not passed the frontal impact test as required under the law
The auto industry expects lower taxes and interest rates from Budget 2015.
In case of exchange, the automobile company offers the wholesale price on the old car, which can be 10-12 per cent lesser than the retail price.
Schools closed for a day, crops damaged; more downpour on cards
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