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General Motors India Vice President P Balendran

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  • Business

Maruti, Hyundai, Honda begin FY16 with a bang

Fuel price hike will impact demand going forward Top car makers Maruti Suzuki, Hyundai and Honda have begun the new fiscal on a high note by posting robust sales in April, riding mainly on new......

Automakers not happy with rate cut

The cut in interest rates announced by SBI and HDFC Bank is too little to have any significant impact on boosting sales, said carmakers led by Maruti Suzuki India. The lenders should pass on the......

March sees modest growth in car sales

Reflecting the slow recovery in Indian automobile market, major car makers Maruti Suzuki and Hyundai saw modest growth in March, while others like Ford and Mahindra posted decline in sales during......

Banks should pass on RBI rate cut benefits: Auto makers

Auto makers on Wednesday welcomed RBI's move to cut key policy rate by 25 basis points but said it would translate into actual gains for vehicle buyers only when banks pass on the benefits. "We are......

Too little too late, auto firms say on RBI rate cut

Automobile manufacturers on Thursday termed the RBI's decision to reduce interest by 25 basis points as "too little, too late" although they hoped that it would lead to softening of lending rates......

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