Tata Motors' net worth down 45% during the first half of FY20
Production of mini and compact segment cars, including Alto, New WagonR, Celerio, Ignis, Swift, Baleno and Dzire stood at 85,064 units
The move is aimed at unlocking untapped potential in both India and EMEA, the company said in a release
Apollo Tyres has provided the technical expertise to get the track ready for testing wet grip of tyres, as per the standard specifications
The company will import V-Class Elite to the Indian market from Spain
Average freight rates on a return trip across all four regions of the country have dropped to Rs 85,500 in the first five days of November, from Rs 88,450 in October end
This October, the company sold over 3,000 cars in the compact and small sedan segments which include the Polo and Vento models
It will be applicable to a batch of the models manufactured till May 2019
Amid a poor demand pull and a sales push, the percentage of those who have chosen to get the two-wheeler purchase financed has seen a sharp quarter-on-quarter increase in the September quarter
Given the price surge since August, the stock is now trading at over 33 times its estimated FY20 earning per share and 31 times one-year forward estimates
Domestic sales also grew 4.5 per cent to 1,44,277 units last month as against 1,38,100 units in October 2018
Weighed down by an economic slowdown and increase in axle load - 30% additional capacity - major CV companies are expected to report a decline of around 20% in sales volumes in October 2019
Other aspects such as performance and reliability, as well as technology also play bigger roles in determining choice of vehicle, it added.
If last year's performance is any indicator, its strategy is clearly utility vehicle (UV)-driven
The brand was relaunched in India with much fanfare, but it seems to have belied the earlier promise
In an Interview with Pavan Lall, Audi new India head Balbir Singh Dhillon talks about his company's plans to increase its market share
The new-gen Audi A6 comes with a revamped styling and a host of new technological upgrades over the predecessor
According to Fada, automobile dealers have incurred a total estimated capital loss of around Rs 150 crore, and around 2,500 jobs have also been affected
Two-wheeler exports rise 4% in April-Sep; Bajaj Auto leads the pack
The new rates for the model are applicable from immediate effect