The company has indicated that the transformation will be similar to that of the evolution that was seen in telecom and retail, which resulted in increased consumption of IT
The company now forecast 2021 sales of between 15-15.5 billion euros and an operating profit margin of 5.5%, compared to a previous target of sales at 15.5 billion euros
Schedule pushed back by two to four weeks after a meeting between its factory team and suppliers.
Nitin Gadkari on Friday said his aim was to make the Indian automobile industry number one in the world
The NSE Auto index seems well placed to test its all-time high; Prominent auto stocks like Tata Motors, Bajaj Auto, Hero MotoCorp and TVS Motor can gain 3.5-10 per cent
Unsurprisingly, the maximum investment has gone into creating capacities for electric two-wheelers, followed by the rest
In this podcast, we discussed why there is a semiconductor shortage and what are its impact
The National Commission observed there was no evidence to establish an inherent manufacturing defect, so the State Commission was justified in not ordering a refund
India is open to discussing a change in tax rates on automobiles, the country's revenue secretary said on Wednesday, indicating receptiveness over negotiation on a long-standing request from automaker
The industry associations representing these sectors rued that the rates are lower than what companies enjoyed under the now discontinued MEIS scheme
Hackers can control a car in motion and force it to accelerate or stop suddenly. They can change the radio station, turn off the engine and change the temperature setting inside
Total two-wheeler sales growth came at 8 per cent with 262,728 units sold in July 2021 as against sale of 243,788 units in July 2020
India's automotive electronics market is expected to cross $18 billion by 2027 driven by rising income levels and increasing customer preference for in-vehicle digital experience
Nissan chief executive Makoto Uchida told a Japanese court that the company's former chairman, Carlos Ghosn, had held too much power, failed to listen to others, and stayed on for too long
Auto component maker Talbros Automotive on Tuesday reported a multifold rise in consolidated profit to Rs 12.7 crore for the March 2021 quarter, backed by product mix and higher capacity utilisation.
Hero MotoCorp plans to restart plant operations in a staggered manner from May 17 after vaccinating 90 per cent of employees above the age of 45 years
The global semiconductor chip shortage will cost automakers $110 billion in lost revenues this year, consulting firm AlixPartners said, as it forecast the crisis will hit the production of 3.9 million
Passenger vehicle wholesales in India declined by 10 per cent to 2,61,633 units last month as compared to March this year, auto industry body SIAM said on Wednesday
Automobile registrations across the country dropped by 32 per cent last month as compared to April 2019 with passenger vehicles showing a decline of over 11 per cent, FADA said on Monday
Hinduja group flagship Ashok Leyland on Monday said it has curtailed production at its manufacturing plants due to dip in demand with second wave of Covid-19 sweeping across the country.