The tractor segment reported strong volume despite current tough situation owing to positive sentiment following a healthy Rabi output, it said
The two-wheeler bellwether reported wholesale dispatches for the month of June at 4.5 lakh units, up from 1.12 lakh units sold in May.
In the past two months, the Nifty Auto index has outrun the benchmark index by surging nearly 13 per cent till Monday as against 4.5 per cent rise in Nifty
Bajaj, who has been vocal about the perils of lockdown, says the states shouldn't repeat the mistakes with more of it
There has been a significant surge in customer orders and enquiries online, through digital platforms, company official says
The decline (excluding in tractors) would be the steepest in the last two decades
Localisation, industrial segment to offset some pressure
With liquidity as top priority, most will end up buying a used car, and that's not a bad thing if it's self-funded
At the end of May, out of 26,500 outlets about 60 per cent showrooms and 80 per cent workshops were operational across the country
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While economic slowdown, drying up of infrastructure projects and revised axle norms hit the sector badly in FY20, the coronavirus (Covid-19) pandemic has worsened the situation
The timely relaxation of the lockdown for the agricultural sector ensured speedy recovery of tractor demand during May.
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In May, the S&P BSE Auto index gained 5.6 per cent as compared to 3.8 per cent decline in the S&P BSE Sensex.
Overall sales volume would plunge to multi-year lows, with sales of both passenger and commercial vehicles reaching fiscal 2010 levels, it said
The overall two-wheeler and three-wheeler sales including exports registered 633,000 units in the quarter as against 907,000 units registered in the quarter ended March 2019
The company had announced $2 billion investment, including a vendor base in the state at the time of signing an MoU with the AP government in April 2017
As India eases some restrictions and many automobile dealerships restart operations after over a month of keeping their shutters down, what will be the primary target for brands?
SIAM, an industry trade body, says that if the economy contracts by 2% in the year starting April 1, sales of cars, trucks and motorbikes could decline.
Bookings, sales perk up for hatchbacks, cars between Rs 4 lakh and Rs 6 lakh