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.
Indian carmakers will have no option but to manufacture safer cars from October 2017.
For an industry which saw sales shrinking in 2013-14, this is hope indeed.
Buoyed by strong sales, Maruti Suzuki, Hyundai and Honda have scaled up their annual targets, but others are still stuck in low gear
Metals, auto and banking shares were in the limelight in this session; the FMCG pack, however, ended lower.
The company took five years to sell the 250,000 units of the Nano.
Auto sector has nothing to look forward to in the Budget.
One can see the scale of recalls going up as the market expands.
Markets were left high and dry last week, as the 'Monsoon Effect' played havoc on trader sentiment.
The multi-seater vehicle currently runs on BSIII engines.
Sensex plunges 322.39 points to over 1-month closing low of 27,797.01; Nifty tumbles 97.55 points to 8,340.70.
The new Scorpio came after a gap of 24 months since its last launch, during which the competition launched a slew of products.
An average of 30-40 per cent automation is standard across all big automobile plants in the country
At present, there are many vehicles that weigh close to the proposed increased weight of 600 kg.
Renault says that one of the reasons why its sales look muted when compared to its peers is its limited reach.
The market breadth ended weak on the BSE with 2,086 shares declining and 893 shares advancing.
Fast cars, marathons, golfing and shooting - nothing stops these high-power tycoons from pursuing their passion.
Car makers are cautiously optimistic, even as two-wheeler firms are clearly upbeat.
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