Automotive

Improving outlook, upgrades to keep wheels turning for auto companies

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

Non-white car sales see marginal rise, but white still top choice in India

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

Better grip on future for tyre stocks: Tread on easing input cost, demand

Higher raw material prices had punctured sequential margins of major tyremakers

Electric sports bike firm Ultraviolette get funding from Qualcomm, Lingotto

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

House panel moots spl projects to fill 29 mn skill gap in automotive sector

Calls for involving the industry to bridge the huge gap

Bharat Gears trades ex-date for 1:2 bonus; stock zooms 20%

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

Visteon to come up new mfg unit in India; sets sight on West and North

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

Dealers and automakers have a tumultuous relationship, says FADA President

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

Vehicle sales up 8% in Aug, two-wheelers cause for concern: FADA

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

Financials lead earnings in Q1; metal & mining, IT firms among laggards

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

Looking at domestic flows, peak pessimism hasn't reached yet: ICICI Sec CIO

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

Vehicle sales up 27% in June, still away from pre-Covid levels: FADA

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

Auto service firm GoMechanic launches Rs 30 cr partner stock option scheme

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

Volkswagen drives in Polo Legend Edition to mark 12 years of hatchback

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

Confident of retaining leadership position in SUV segment in 2022: Hyundai

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

Battery-powered vehicles to concept cars: Wild wheels at IAA Mobility Show

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

Hyundai plays catch up in EV market with car that can cook dinner

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

Royal Enfield Himalayan gets Tripper navigation system among other upgrades

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

Groupe PSA brings Eurorepar products to India, signs pact with GoMechanic

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

Tata Motors domestic sales up 21.6% YoY in August to 35,420 units

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