Morgan Stanley Sales & Trading, US, believes the stock is better value for money than others and has a upside as high as 73 per cent. A slowdown in the economy has hit demand and led to a fall in overall consumption in an auto market which till recently was one of the fastest growing in the world.
The CBEC admitted the three models are known as sedans in trade, not as SUVs.
After the biggies, Nissan India on Thursday said it is planning to increase prices across all its vehicle models from January.
Hyundai Elantra is likely to give it tough to rivals like Renault Fluence and Toyota Corolla.
Rising fuel costs and a fast growing middle class makes India a potential market for microcars.
Other major laggards were IndusInd Bank, SBI, Bharti Airtel, ONGC, Tata Steel and Reliance Industries -- falling as much as 6.30 per cent.
Here's what your favourite celebrities have been upto.
Move to be aimed at reducing subsidies on the fuel.
Despite a rise in input costs, leading car-makers refrain from hiking their price.
The Renault Lodgy is being launched at 12 noon today, and don't miss the webcast!
Seven manufacturers together post a 15% decli#8800 M&M, Ford and Honda buck trend.
Even as some automakers limp, others charge ahead.
he car of RJD president Lalu Yadav's son-in-law Vinit Yadav was snatched by some unidentified persons at gunpoint near Sikandarpur metro station.
Ferrari will run separate design teams to simultaneously develop next year's Formula One car and the one for 2014, when the technical rules are due to change substantially.
It posseses a destination setting in the smartphone satellite navigation, that interprets the information, Carsguide.com.au reported.
Walmart CEO Douglas McMillon came first in the CEOWORLD magazine's global ranking of the best chief executives across all industries for 2019.
Bernie Ecclestone has made clear that Formula One will pay prize money to only the top 10 teams from the end of this season.
There are few firms that are applauded for managing a healthy top line growth along with an impressive brand image that inspires most companies.
Indian Women's Hockey team leaves for Argentina tour.
Firms are enthused at passenger vehicle numbers but high interest rates a problem.
The entire range of Hyundai's diesel cars - from compact ones to SUV models, including the soon-to-be-launched Aura - will be eco-friendly.
December car sales data was a mixed bag. While some reported growth in sales other saw a dip. This probably can be because customers are waiting for a rate cut from RBI.
Beginning with a bang amid all the glitz and glamour of the biennial Auto Expo, the year will be ending with a whimper for the automobile industry as sales dwindle, and the worst-ever industrial violence at Maruti Suzuki's Manesar plant leaves a big scar.
Maruti has plans to rev up sales of the Dzire, India's fourth most-sold car, by relaunching it.
Corinthians beat African champions Al-Ahly 1-0 on Wednesday to reach the final of the Club World Cup but the Brazilian side failed to impress as they set up a potential showdown with Chelsea. Peru striker Paolo Guerrero twisted superbly to head the winner for the Libertadores Cup holders on the half-hour mark to the delight of the Corinthians fans in Toyota.
Toyota, Mercedes Benz and BMW, have announced a hike already.
The Sonata's back. Can it sing its way to success?
The car is good enough to dethrone the current segment king, the Toyota Fortuner.
There's hardly anything that can go wrong with this vehicle since it offers everything that a buyer in this segment would ever want.
Prominent ones are Maruti's smoky Ciaz and Fiat's gorgeous Avventura.
Rediff.com encapsulates all the excitement through these breathtaking visuals from the Dakar Rally.
The country's largest carmaker Maruti Suzuki India on Thursday said it will increase the prices of its vehicles across all models by up to Rs 20,000 from January due to increasing pressure on its margins due to currency fluctuation. Honda Cars India and Volkswagen India said they, too, are contemplating the same.
India's latest batting sensation Virat Kohli on Thursday said Sachin Tendulkar deserves country's highest civilian award -- the Bharat Ratna.
With sales sagging despite discounts, car makers are now looking at value-added services to attract customers.
When the case came up for hearing, Justice A R Joshi was informed by Salman's lawyer Amit Desai that the 'paper book' (compilation of evidence and documents which is served to both the sides by the court) was not complete.
Ahead of the international auto show that begins next Wednesday, the Indian auto industry continues to be buffeted with bad news. According to data released by leading automobile companies on Saturday, the industry's sales volumes in January fell about five per cent from those in the same month last year.
The model will be equipped with a petrol engine in Thailand.
