Five companies get more volumes from scooters than motorcycles.
Two-wheeler prices are likely to rise by 10-25 per cent on account of higher premiums on insurance and commodity prices, mandatory safety regulations and BS-VI emissions that kick in from April 1, 2020.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The Sensex closed the day at 28,141, up 486 points, while Nifty50 settled at 8,716, up 155 points.
Take out Maruti Suzuki and Honda, and the auto sector's prospects suddenly don't look all that rosy.
Reflecting the woes of the Indian automobile industry, the country's car exports remained flat at 550,466 units in 2013-14, during which domestic sales fell for the second consecutive year.
'After multiple days of losses, any relief rally is welcome. However, the trend hasn't changed.'
The challenges of transition to stricter emission norm BS-VI from BS-IV and compliance to new safety norms thereby making vehicles costlier are lurking around the sector.
This is the first decline since June this year when car sales declined by 11%.
The auto industry has had a mixed month. The build up to Dhanteras and Diwali was good but the demand tapered off subsequently.
A series of flip-flop on policies and a non-existent charging infrastructure are the biggest challenge in achieving the target of selling 6-7 million hybrid and electric vehicles by 2020.
The increase in PV sales in September was driven by festive season purchases, with SUV models like Maruti Suzuki's Brezza, Hyundai Creta, Mahindra Scorpio, Ford Ecosport and Honda W-RV witnessing good traction
Now, you can own a two-wheeler for Rs 18.5 per day
Broader markets underperformed indices with BSE Midcap down 0.43% while the Smallcap index fell 0.07%.
Market breadth turned negative with 1,779 declines over 884 advances on the BSE
IT sector replaces auto sector after a 6-month gap.
Rajesh Karkera and Hitesh Harisinghani spotted these beauties at the Auto Expo 2018
Premiumisation, improving demand aid realisation growth at most large firms
Maruti Suzuki, Hyundai, Mahindra and Toyota reported low single-digit sales growth for the month owing to weak market sentiment
Maruti Suzuki, Tata Motors and Hyundai stand to gain the maximum, given their large portfolio of products in the sub-4 meter segment.
The S&P BSE Sensex shed 119 points to close at 27,977 and the Nifty50 dropped 45 points to finish at 8,591.
For India Inc, latest GDP figures signal a turnaround.
The 50-issue NSE Nifty too cracked the 10,200-mark and hit a low of 10,108.55 before finishing 104.75 points, or 1.02 per cent down at 10,121.80.
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.
The S&P BSE Sensex ended up 129 points at 26,843 and the Nifty50 ended up 39 points at 8,220.
Sensex under pressure as Yellen signals rate hike; banking stock slip.
In the broader market, BSE Midcap and BSE Smallcap indices mirrored the gains in headline indices and rose 1% and 0.9% respectively.
Production at every automotive facility, offices of information technology firms and retail establishments in the state remained shut on Tuesday as a mark of respect to the late chief minister.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Maruti's sales of the compact segment comprising Swift, Estilo, Ritz, Dzire and Baleno went up by 9.9% to 45,579 units
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Select companies in infra, capital goods, private banks, auto, oil & gas, and mining could be considered by investors.
In first 9 months of FY18, scooter sales grew by 18.5%, the number may jump further as more women join workforce
Barely a month after breaking covers, the models -- the Jawa, the Jawa 42 and the Perak -- were sold out, reports Shally Seth Mohile.
The list includes Gautam Adani's brother Vinod Adani among others.
With global markets pushing ahead, enthused by strengthening US jobs market, and also due to prospects of European rate hike, Indian markets also continued the march ahead.
New launches as well as upgrades to existing scooter models marked this year as manufacturers competed with each other to satiate the demand for new and interesting automatic scooters.
With inflation down, the government's twin deficits are largely under control.
Maruti will showcase its first concept electric vehicle, the e-SURVIVOR; M&M it's six new EVs, including two futuristic concepts
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