Page 22 - Shally Seth Mohile/undefined

Tata Motors, M&M stocks see significant gains on improved demand outlook

While M&M closed at Rs 705.6 a piece, up 10.8 per cent - the highest in 18 months, Tata Motors' shares ended at Rs 173.6, a piece up 9.8 per cent-the highest in 33 months

Hotels limp back to normalcy as business travel remains depressed

Recovery still far away; blended average occupancy up 28-30% in current quarter from 18-25% in three months to September

Diwali cheer for auto, durable makers as need for convenience drives sales

While retailers, manufacturers said that sales growth has been in double-digits for home and kitchen appliances during the Diwali period this year, car dealers say some models have stocked out

Restricted imports bode well for tyre companies: CEAT's Anant Goenka

The RPG flagship is riding high on a strong order book, will go ahead with investment plans to ramp up production to meet the domestic and export needs

Mercedes starts local assembly of AMG models to make them affordable

As compared to a fully imported model, the local production makes the model cheaper by Rs 25 lakh

Two-wheeler sales zoom in Oct in anticipation of a good festive season

Dealers fear a weak retail demand may lead to stock pile-up

Bike buyers upgrade to pricier variants amid economic uncertainty

Two-wheeler market leader Hero MotoCorp, which has a stronghold in the entry level of the motorcycle market, is now seeing an upturn in the premium segment

Covid-19 impact: Maruti Suzuki's price realisation at 7-quarter low

Firm attributes dip in average selling price to sales of more small cars and exit from diesel

Online used car aggregators see brisk business as demand outstrips supply

Olx says demand is 112 per cent of pre-Covid phase; Firms confident of demand sustenance beyond festivals

Electric shared mobility vehicles to take a backseat: M&M's Pawan Goenka

E-vehicles used in last mile delivery of goods expected to grow at a fast clip

Tata Motors consolidated net loss widens in Q2 on weak operational show

However, the quarter reflected strong sequential recovery with positive pre-tax profit and major positive free cash flows following restart of production and reopening of global retailer network

Navratri sales: Cars zoom past sales goalposts, two-wheelers trudge along

Car market leader Maruti Suzuki India delivered around 85,000 to 90,000 cars as against 60,000 to 65,000 it delivered last year, said an industry source

Over 200,000 central govt employees on auto makers' radar after LTC scheme

Many staffers may may want to take home a car, as scheme comes during the festive season when people are looking at buying big-ticket items

Revenge travel gains momentum but with caution; tourism sector optimistic

Goa, Kerala, Maldives and Dubai among the popular destinations

Icra sees overall automotive volumes in FY21 being pushed back by 10 years

Rating agency expects GDP to decline by 11% in FY21; this will trickle down into lower demand for the automotive industry in general

Maruti to launch 1 SUV every 6 months till 2023, strengthen pole position

First off the block will be a new multi-purpose vehicle (MPV) which is being co-developed with Toyota - Suzuki's alliance partner. The model will also wear a Toyota badge

Auto component firms see capacity utilisation doubling to 60-95% levels

Most players expect strong demand during 45 day festive period, but tread cautiously as trend may not sustain later; Icra sees very few players going for debt recast

Unlock 5.0: Optimism returns, India Inc sees signs of recovery in economy

Some caution this is mere pent-up demand; others say it is sustainable and growing

Car makers pull all stops to beat the pandemic blues ahead of festivals

The benefits range from cash discounts, attractive EMIs to Covid-19 cover

Car makers drive in top-of-the-line models in defiance of slowdown

Buyers have been lapping up new model launches, show booking and sales trends