April auto sales: From Maruti Suzuki to Kia, here's how companies performed
Maruti's overall sales surge 6.5%, Tata Motor’s overall sales dip 3.9%; Hyundai and Kia report 3.5% and 22% YoY growth, respectively
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Maruti Suzuki to launch cross-badged Toyota Hycross in 2 months?
MSIL chairman RC Bhargava says that a three-row, strong hybrid vehicle will be sourced from Toyota Kirloskar Motor (TKM).
Maruti Suzuki shares up 1% post Q4; here’s what brokerages say
According to market analysts, Maruti Suzuki Q4FY23 numbers were strong on all fronts, while margin expanded on operating leverage benefits and product mix.
Auto sector Q4 results: Will improved product mix, moderation in costs to drive growth?
Revenue of auto OEMs is expected to grow at 19% YoY in Q4FY23, while it is projected to register a growth of 8% QoQ, according to Axis Securities.
PV sales up 22% in January; total retail rises 14%: FADA
All categories were in green in January 2023, with 2-wheeler, 3-wheeler, passenger vehicle, tractor and commercial vehicles growing by 10%, 59%, 22%, 8% and 16%, respectively, FADA data shows.
Maruti, M&M, Ashok Leyland shares surge on robust Jan sales; Tata Motors skids
The share price of Maruti Suzuki surged as much as 1.9% to hit an intra-day high of ₹8,936 apiece on the Bombay Stock Exchange.
Maruti plans 6 EVs by 2030; eyes 15% volumes
While Suzuki has earmarked ¥2 trillion for electrification-related investments, it has plans on using biogas for its CNG models that account for about 70% of the CNG car market in India
Maruti Suzuki, Kamarajar Port sign agreement to export 20,000 vehicles
With this, Kamarajar Port has become the fourth port, after Mumbai Port, Mundra Port and Pipavav Port, which will be used by the automobile manufacturer for the export of its vehicles globally.
Heavy taxation coming in the way of growth in car market: RC Bhargava
At 28%—the highest slab of GST—and a compensation cess ranging between 1% and 22%, India's policy of heavily taxing passenger vehicles is dulling the prospects of growth in the industry, says Bhargava
Maruti Suzuki recalls 9,125 units to fix seat belt issue
The company has recalled the suspected vehicles for inspection and replacement of the faulty part, free of cost.
