Page 1953 - Company News

Hyundai Motor India's total sales rise 14% in June; exports rise 17.2%

Hyundai Motor India Ltd (HMIL) on Friday reported a 14.5 per cent increase in its total sales at 62,351 units in June.

Maruti Suzuki June sales at 122,685 units, down 1.2% due to chip crunch

However, if sales of Baleno and Brezza models to Toyota Kirloskar and of LCV Super Carry are included, the dispatches were up from 130,348 units a year ago to 132,024 units last month

Ashok Leyland reports 125% growth in total sales; 14,351 units sold in June

The company had registered a total sales of 6,448 units in June 2021, Ashok Leyland said in a statement

Kia India records highest-ever monthly sales of 24,024 units in June

The automaker had dispatched 15,015 units to dealers in June 2021

Hyundai announces wage deal, Ford India extends plant shutdown date

At a time when the workers of two car manufacturers are negotiating severance package and wage revision, Hyundai Motors India Ltd has announced the inking of wage agreement with its worker's union

Ex-Honda executive Yadvinder Singh Guleria appointed CCO of Royal Enfield

Royal Enfield announced appointment of ex-Honda Motorcycle and Scooter India executive Yadvinder Singh Guleria as its Chief Commercial Officer (CCO)

Audi clocks 49% sales growth at 1,765 units in January-June period

Audi India had retailed 1,181 units in the same period last year

Bajaj Auto sales remain flat at 347,004 units in June; exports up 13%

Two-wheeler exports last month grew 23 per cent to 1,90,865 units as compared to 1,54,938 vehicles in the year-ago period

Hiring CEOs becoming difficult after huge pay hike in FY22, says new report

Infosys CEO Salil Parekh saw his total pay jump by 43% to Rs 71.02 crore, the company's annual report showed

MG Motor India reports 27% growth in June retail sales at 4,503 units

The company had clocked retail sales of 3,558 units in the same month last year

Tribunal allows Hero MotoCorp to use 'Hero' trademark for its EVs

Electric two-wheeler maker Hero Electric had sought an injunction against Hero MotoCorp using the 'Hero' trademark for its electric vehicles

General Motors calls off plan to sell India car plant to China's Great Wall

General Motors (GM) said it had called off the sale of a shuttered Indian plant to China's Great Wall Motor after they failed to obtain regulatory approvals

Coal India says enough supplies, advises power plants to stock up

CIL has called for bids to supply 2.4 mt of coal to be delivered for the July to September 2022 period

Future Enterprises defaults on Rs 6.15 cr interest payment for NCDs

The due date for payment was June 29, 2022, FEL said in a regulatory filing on Thursday

Swiggy starts ESOP liquidity programme worth $23 mn, expands offering

Swiggy employees will this year have the option to receive liquidity of up to $23 million against their ESOPs

Lenskart acquires majority stake in Japanese eyewear brand Owndays

This acquisition will take Lenskart's reach to 13 markets, including India, Singapore, Thailand, and Japan and make it one of the largest players in Asia's online eyewear segment

McDonald's India launches first all-women drive-thru restaurant

This new restaurant, operated by Westlife Development, McDonald's India's franchise partner, is located in the vicinity of the Statue of Unity

SUVs to tractors: M&M not taking foot off pedal, on recovery road

Favourable agri macros, improving SUV demand, and easing commodity prices augur well for automaker

Sanjiv Mehta appointed as president commissioner of Unilever Indonesia

Sanjiv Mehta will join Unilever Indonesia's board of commissioners and chair it in a non-executive capacity

Brezza to drive Maruti's SUV push; new model to compete with Hyundai Venue

The price starts at Rs 7.99 lakh for the base variant and goes up to Rs 13.96 lakh for the top variant