May auto sales: From Maruti to Kia, here's how automakers performed
Maruti Suzuki, the country's largest carmaker, reported a 10.3% year-on-year (YoY) surge in its sales to 1,78,083 units as against 1,61,413 units in the same period last year.
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Interview with Ahmad Nabil Dubai's luxury car king
Since the business started in 2016, Ahmad Nabil has built strong relationships with some of the world's most popular and influential people.
MG Motor Gloster Blackstorm launched at ₹40.30 lakh
MG Gloster Blackstorm is powered by the BS-VI 2.0-litre diesel engine, including a first-in-segment twin-turbo diesel engine that delivers 158.5 kW of power.
Mahindra & Mahindra Q4 profit up 22% to ₹1,548.97 cr; led by automobile segment
The company continued to retain the top position in the SUV segment for the 5th consecutive quarter, with a market share of 19.6%.
PV sales rise 13% in April: SIAM
The increase in passenger vehicle sales has been attributed to a smooth transition to BS VI Phase I emission norms from April 1.
Maruti Suzuki, Tata Motors, Mahindra & Mahindra rise on robust sales in Q4 FY23
While share prices of leading automobile manufacturers such as Maruti Suzuki, Tata Motors and Mahindra and Mahindra surged as much as 3.5% on Monday, the Nifty Auto index surged 1.53% to 12,430.90.
Auto component industry’s revenue to grow by 5-8% in FY24 amid export headwinds: ICRA
The rating agency expects operating margins of auto ancillaries to improve by 100-150 basis points (bps) year-on-year (YoY) in FY24, thus returning to pre-covid-19 levels of 11-11.5%.
Hero MotoCorp to hike prices from April; stock surges
According to the company, the decision has been necessitated mainly due to cost increases on account of the "OBD 2 transition."
Tata Motors to hike commercial vehicle prices by 5% from Apr 1
The decision has been taken in line with the company’s efforts to comply with the move to more stringent BS6 Phase II emission norms.
PV sales rise 11% to over 2.9 lakh units in Feb: SIAM
Between April 2022 and February 2023, passenger vehicle sales stood at 34,61,716 units, whereas the production stood at 40,76,780 units.
