Page 246 - Auto

Auto companies may face 10-12% price increase for half-yearly contracts

Auto executives confirmed that negotitations between steel companies and major automakers - Maruti Suzuki, Hyundai and Mahindra & Mahindra - are in final stages

Slow Jaguar Land Rover recovery will weigh on Tata Motors profits

While operational gains will continue, firm may not turn profitable this year

Tractor sales grow as monsoon, govt help for farmers lift rural economy

Companies expect to reach full capacity in August after fixing supply chains that collapsed in the months-long lockdown to contain the coronavirus

Tata Motors seeks shareholders' approval to ratify MD's remuneration

As per the provisions of the Companies Act, 2013 the excess remuneration is subject to approval of the shareholders which the company proposes to obtain in the forthcoming AGM, the company said

Suzuki first-quarter profit nearly wiped out as coronavirus hits sales

Suzuki declined to offer forecasts for full-year profit and dividends, citing ongoing uncertainties

Bajaj Auto July sales drop 33% to 2,55,832 units, CV sales plummet 71%

Domestic sales in July this year were at 1,58,976 units as against 2,05,470 units, down 23 per cent

Two-wheeler sales show recovery in July; firms dispatch 769,045 units

The year-on-year decline also narrowed to 4.4% in July from the high double-digit decline in the previous month

Royal Enfield July sales fall 26% to 40,334 units, exports plunge 52%

Domestic sales were at 37,925 units, as against 49,182 units in the same month last year, down 23 per cent

Toyota Kirloskar sales decline 48% in July; Hyundai records 28% drop

"Despite various challenges, the month of July witnessed better sales in terms of both retail and wholesales when compared to June," TKM Senior Vice-President said

Return of Maruti: Over 100,000 units sold in July, 88.2% more than June

This is a clear indication that people are rushing to buy new cars as the coronavirus-induced lockdown eases, and opting for private transport to maintain social distancing

TVS Motor plans Rs 300-crore capital expenditure amid Covid-19 pandemic

The company said it was planning to commercialise some of the intellectual properties (IPs) to be built by start-ups through the company's Singapore subsidiary.

No BS-IV vehicle registration until decision on sale during lockdown: SC

The bench had on July 8 recalled the March 27 order by which it had allowed sale of BS-IV vehicles for 10 days across India, except in Delhi-NCR

Covid-19 impact: Honda Cars India comes up with voluntary retirement scheme

It's a voluntary scheme for associates over 40 years of age or who have completed 5 years of service

Pressure on discretionary spends to hit near term volumes for Maruti Suzuki

But interest among first-time buyers may help it boost market share

Maruti Suzuki reports net loss of Rs 249 crore in Q1 as Covid-19 takes toll

The company posted a pre-tax loss of Rs 370 crore, as compared with a profit of Rs 1,853 crore in the year-ago quarter

All new version of Creta received over 55,000 bookings: Hyundai Motors

The model established leadership in the SUV segment by attaining highest sales in the month of May and June 2020, HMIL said in a statement

Skoda Auto India expands online sales platform, offers new features

Skoda Auto India has integrated its over 80 plus dealership touchpoints pan-India

Thierry Bollore appointed as new Jaguar Land Rover CEO, says Tata Motors

Former Renault executive Bollore, who replaces Ralf Speth at JLR's helm, will assume office effective Sept 10

Maruti Suzuki plans digitised financing options amid growing online demand

The country's largest car maker that sells on an average one out of every two cars sold in the country has seen digital enquiries spike to over 45 per cent during the lockdown months

Armed with auto features, the new Honda City redefines the segment

Stronger, safer and armed with auto features, the car raises the bar for competitors