Page 2 - Auto Firms

Hero MotoCorp, Bajaj Auto offer steep discounts to push key segment sales

Move reflects sustained pain in world's largest two-wheeler market, as it covers two segments accounting for 75% of its size and comes despite spike in input costs

Higher EV share, FY22 auto rebound to support Motherson's revenues

Increased utilisation, improving margins and lower debt are profit triggers going ahead

Tata Motors announces appointment of Marc Llistosella as CEO and MD

Marc Llistosella will replace current CEO of Tata Motors Guenter Butschek, who had expressed his desire to to relocate to Germany at the end of the contract for personal reasons

TVS Motor to invest additional $1 mn in US-based Altizon via Singapore arm

Altizon Inc specialises in industrial internet of things for manufacturing units, deal will help drive digital transformation at TVS

Auto firms stare at supply outages amid global shortage of semiconductors

This comes at a time when demand in world's fifth largest auto market is in the initial stage of recovery after the Coronavirus pandemic-induced lockdown earlier this year

Auto firms buoyed by festive sales, unsure of sustained demand after Diwali

Dealerships have asked manufacturers to be cautious, warning that over-stocking will hit their margins in case sales soften

Faced with declining sales, auto firms see room for growth via rent-a-car

But final cost of leasing may outrun cost of ownership

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

From tax collection to car sales, India's economic recovery picks up pace

GST mop-up at 7-month high, manufacturing PMI at 8-year high, but new projects down 81% in Q2

Auto companies show signs of recovery, increase dispatches by 13%

Tractor sales also increased with largest tractor seller Mahindra & Mahindra selling 18 per cent more farm equipment indicating that a good monsoon was driving the rural economy

Top headlines: Q1 earnings shrink, telcos await SC verdict on AGR and more

From auto firms planning new launches for festive season, Rajnath Singh banning import of defence items to telcos awaiting SC response of AGR dues, here are the top ness of the day

Auto firms brace up for the festive season with slew of new launches

Automakers hope to make up for the loss of sales in previous months, but exercise caution

Business beyond Covid-19: Auto firms change biz plans to stay relevant

According to consulting firm Kearney's estimates, there has been an impact of $1.5-2 billion per month across the automotive value chain

Top headlines: CBDT, CBIC merger on cards, China dominates power sector

Government aims to cost cuts, scientists warns Covid-19 could be airborne and India's IT sector is forced to lay off employees.

Top Headlines: India bans 59 Chinese apps, Unlock 2.0, PM's address, & more

Here are the top headlines on Tuesday morning

How auto firms plan to woo customers, motivate sales staff post lockdown

As India eases some restrictions and many automobile dealerships restart operations after over a month of keeping their shutters down, what will be the primary target for brands?

Covid-19 may force auto cos into more automation on shop-floor: EY report

There will be several changes to existing working norms and guidelines that organisations will need to abide by in order to ensure safety at the workplace, says the report

Covid-19 lockdown: Labour, stockpile make carmakers delay production

Supply chain glitches and unavailability of labour also a deterrent

Covid-19 impact: No respite from lockdown for auto firms in Maharashtra

Factories of some of the country's leading auto firms like Volkswagen, Bajaj Auto, Mercedez-Benz, FIAT India, and Mahindra and Mahindra, among others, are located in these areas

Amid Covid-19 crisis, auto firms rush online for nod to open factories

Big manufacturers say they would take more time to be ready to comply with the guidelines and get permissions before starting production