Page 22 - Auto Sector

Replacement segment gives smooth ride to Apollo Tyres amid auto slowdown

Slowing auto sales, higher commodity costs remain major areas of concern

SBI tightens lending terms for auto dealers as sector sees downturn: Source

As part of the revised terms, the country's largest bank by assets has decided to halt lending to dealers of Hyundai Motor India unless they provide a minimum of 25% collateral

Next 6 months will be volatile for auto sector over BS-VI shift: MRF CMD

Indian automotive industry is at an inflection point where both opportunities and challenges abound in equal measure

Beating the downturn: Car buyers lap up new SUVs amid gloom and doom

If the response to three new launches - the MG Hector, Hyundai Venue, and Mahindra XUV3OO, all launched this year - is any indication, buyers of cars are snapping them up

Maruti Suzuki slashes production by 16% in June, posts fifth cut in a row

The car market leader had cut total production by over 18 per cent in May

Utility vehicles array in auto market as India's aspirations rise

Compact SUVs lead the charge in this segment, far ahead of growth in the others

Domino effect of auto crisis: Livelihoods, India's GDP growth may take hit

35 million jobs at stake with India's automobile sector in trouble, components business could be impacted as well

Selective buying in auto sector

But it may be a very long haul before the industry sees a stable recovery

Are Maruti, Tata Motors and M&M good bets post their Q3 earnings?

Most analysts expect slowdown in the auto industry to continue due to lack of pick-up in rural demand on account of liquidity crisis in NBFC and higher monsoon deficit in select regions.

New vehicle registration up 8.5% to 1.5 million in January: Dealers

Passenger vehicle sales reported nearly 33.97 per cent growth, which is almost double compared to the past

Nissan India, Tata Motors expect near-flat industry growth in FY19

Nissan launch its electric car 'Leaf' in the next six months, Thomas Kuehl said, adding, all the models would conform to the BS-VI emission standards

Rely on auto sector

With many stocks hitting 52-week lows, this could be a good time to enter. But be prepared to hold for two-three years

Once a hot favourite, mid-sized sedans grapple with shrinking sales

H1 offtake down 7% to 83,498 vehicles; Honda City and Maruti Suzuki Ciaz see a double-digit decline

Q1 earnings: Auto companies lag behind Street estimates by wide margin

The miss was most evident in revenue earned by companies during the quarter, even as profits and margins also lagged behind expectations

Dividend drive turns automobile promoters richer by Rs 39 billion in FY18

The biggest dividend income in the sector is earned by Japan's Suzuki, which holds a 56% share in Maruti Suzuki

Auto sector preview: High fuel prices to potentially impact growth

High fuel prices and slow growth of monsoon could affect the sector adversely

In Q3, auto sector to report robust topline growth but low margins: Report

Most auto companies and ancillaries are likely to report double-digit revenue growth of 14-51% during the third quarter, says a weekend report by HDFC Securities

Auto industry on growth path, 3-wheelers sputter

Three of the four key segments of the automobile industry reported a double digit growth in sales during July as dealers replenished stocks. Dealers had stopped building stocks in second half of June to avoid transition losses arising out of the Goods and Services Tax that came into being from July 1. Accordingly, June was a month of decline.Companies, which had postponed dispatches in June, sold higher volumes in July. Sales of passenger vehicles (cars, vans and utility vehicles) rose more than 15 per cent to 298,997 units as most companies including Maruti Suzuki, M&M, Toyota and Honda clocked a double digit growth in sales. With the passenger vehicle segment, sales of cars rose by 8.5 per cent to 192,773 units while volume of utility vehicles expanded 35.5 per cent to 86,874 units. Vans, the smallest part of this segment, grew at 7.6 per cent to 19,350 units, data released by the Society of Indian Automobile Manufacturers (SIAM) said. "In June, dealers were liquidating their ...

Auto sector in top gear as companies post strong July sales

Passenger vehicle sales up 17 per cent, auto stocks peak

Fitch keeps stable outlook for auto sector on lower costs

New model launches and lower fuel prices will boost demand in the automobile sector