Automotive

In addition to volumes, margins, too, are expected to expand

Car sales black, grey, blue, red, green, and gold rose by a few percentage points in 2022

Higher raw material prices had punctured sequential margins of major tyremakers

Bengaluru-based start-up will launch motorcycle on November 24, aims to be in international markets

Calls for involving the industry to bridge the huge gap

The management is cautiously optimistic of growth in Indian markets for automotive components, agricultural machinery and construction equipment

This is in addition to the expansion plans at its existing manufacturing unit in Chennai

Says manufacturers' financial clout has led to inequitable contracts between the two

Tractor sales decline 32% despite good monsoons; three-wheelers do modestly compared to 2019

BFSI companies together accounted for 48 per cent of the incremental growth in corporate profits on a year-on-year (YoY) basis in the quarter

'Foreign institutional investment (FII) is expected to reverse when these macro headwinds stabilise for a few months'

However, the overall automobile retail sales declined 8.68% compared with the corresponding month in June 2019, indicating that the broad-based recovery has yet to kick in

Programme, which covers workshops, retailers, distributors and consultants pan-India, will have a 4-year vesting duration with yearly vesting at 25% and a cliff period of a year

The Polo Legend edition is priced at Rs 10.25 lakh (ex-showroom) onwards

Hyundai Motor India looks to maintain its leadership in the segment this year as demand for its models like Creta and Venue continues to be robust

Auto brands were already questioning the relevance of car shows before the novel coronavirus arrived

It's part of a push by Hyundai to appeal to a younger audience as it plays catch-up in the EV market

Priced Rs 201,314 (ex-showroom, Chennai) onwards, the Himalayan 2021 is currently available for bookings and test rides in India

To launch range of multi-brand, quality automotive products for Indian independent aftermarket industry

This is the sharpest increase seen in the company's passenger vehicle sales in more than a year