AUTO INDUSTRY

Indian equity markets are currently experiencing a period of uncertainty, with investors closely watching the outcome of the Maharashtra elections and the ongoing Adani Group controversy. Despite this, certain large-cap stocks, including Reliance In...

Robert Bosch will cut working hours for 450 employees in Germany starting next spring. The company cites a difficult economic situation. Affected employees will move to a 35-hour workweek. This decision impacts locations primarily in Stuttgart and G...

Despite the soaring popularity of SUVs, Indian automakers are not abandoning sedans. Maruti and Honda have launched upgraded versions of their popular sedan models, emphasizing enhanced features and safety. Although the sedan market share has shrunk...

Just as the market was about to witness one of its strongest FII selling phases, an auto company opened bookings for a new model. There were over 1.76 lakh bookings in just 60 minutes! Yet, the auto stock declined sharply in the ensuing correction. ...

Nissan has begun exporting its upgraded compact SUV, the 'Magnite,' to South Africa from its India manufacturing plant. With 2,700 units already shipped, Nissan plans to expand exports of the popular 'Made in India' Magnite to over 65 countries, sol...

Negotiations between Mahindra & Mahindra (M&M) and Skoda Auto Volkswagen India for a 50:50 joint venture have stalled due to disagreements on key issues. The companies had previously signed non-binding MoUs but are now unable to finalize crucial agr...

Volkswagen Group, eyeing India's growth potential, plans to expand its product portfolio with or without a local partner, says Piyush Arora, MD & CEO, Skoda Auto Volkswagen India. Despite exploring collaborations, the group remains committed to the ...

India's festive season saw a 12% surge in auto sales compared to last year, driven by strong rural demand for two-wheelers. Despite heavy rains impacting sales in some regions, dealers sold 4.3 million units, falling slightly short of the 4.5 millio...

Get ready for a busy day in the Indian stock market. Over 1200 companies will reveal their financial performance for the July-September quarter. Keep an eye on major players like Hero MotoCorp and Grasim Industries. Analysts predict growth for both ...

Indian car manufacturers experienced a slight increase in vehicle dispatches this October, boosted by festive demand during Dussehra and Diwali. This led to record retail sales for many companies, including Maruti Suzuki and Hyundai, and helped redu...

Vehicle registrations in India surged by 32% in October compared to the previous year. The growth was driven by the festive season, with both Navratri and Diwali falling in the same month. Two-wheeler sales saw a significant increase of 36.34%. Pass...

The festive season significantly boosted retail sales for automakers, with high demand for premium vehicles like Maruti Suzuki Baleno and Hyundai Creta. Maruti Suzuki and other major manufacturers posted record sales, reducing high inventories. The ...

Indian car sales have seen a decline for three consecutive months, with September recording a 1-2.5% drop despite significant discounts during the festive season. Major automakers like Maruti Suzuki, Hyundai, and Tata Motors reported lower sales, le...

In a review meeting with representatives of the Society of Indian Automobile Manufacturers (Siam) on Tuesday, road transport and highways minister Nitin Gadkari assessed readiness of the automobile industry to launch flex engine vehicles that can ru...

Union Minister Nitin Gadkari urged representatives from the Society of Indian Automobile Manufacturers (SIAM) to explore promoting ethanol and flex fuels in India. During a meeting, the discussion highlighted Brazil's success with flex fuels and how...

The car industry is experiencing a slowdown this year. Companies like Maruti Suzuki and Tata Motors have reduced wholesales to dealerships. Consumer spending has become cautious despite discounts. This has led to lower sales during the festive seaso...

Union Minister Nitin Gadkari emphasized the need for the Indian automobile industry to focus on customer service, after-sales, and quality assurance. Speaking at the Auto Retail Conclave by FADA, he highlighted the sector's crucial role in driving e...

Chief Economic Advisor V Anantha Nageswaran urged automobile manufacturers to invest in R&D to create a world-class industry. Speaking at the SIAM Annual Convention, he emphasized improving global NCAP ratings for better exports and viewing R&D as a...

The small car segment in India, once sidelined by the popularity of SUVs, is poised for a resurgence by 2026, experts say. Factors such as two-wheeler owners upgrading to four-wheelers, affordable and efficient urban mobility, and multiple drivetrai...