Page 14 - Auto Sector

TVS Motor stock rises 6% after Q4 results meet street estimates

TVS Motor's profit zoomed 18.3 per cent on a year-on-year (Y-o-Y) basis to Rs 485.4 crore in March quarter of financial year 2024 (Q4FY24), from Rs 410 crore in the same quarter a year ago (Q4FY23)

Tata Motors Q4 Preview: Robust sales, low commodity prices to aid earnings

Analysts anticipate robust results for Tata Motors, propelled by the advantages of operating leverage, favourable commodity trends and strong volume growth across its various segments

Hero MotoCorp zooms 6% on robust Q4 performance; brokerages remain bullish

The company's reported better-than-expected gross margins but it was offset by higher, marketing spends toward EV and premium motorcycle segments during the quarter

Hero MotoCorp Q4 result: Net profit increases by 16.4% to Rs 943 crore

The two-wheeler maker's profit for FY24 surged 33.6% Y-o-Y on the back of price hikes and strong demand

TVS SCS wins new business deal for Eicher's bus facility in Baggad

VECV has been associated with TVS SCS since 2006 for in-plant logistics operations at its truck plant in Pithampur

CarTrade at 28-month high; rallies 30% in 1-week as Goldman Sachs ups stake

Goldman Sachs Asset Management B.V. said their holdings have increased to 2.42 million shares, representing 5.16 per cent of the capital of CarTrade as at May 3, 2024.

Hero MotoCorp Q4 Preview: Company may report up to 27% growth in profit

Analysts anticipate a robust quarter for Hero MotoCorp, driven by healthy volume growth and strong sales figures

Tata Motors tops Indian auto market with Punch Mini SUV, beats Maruti

In March 2024, Tata's Punch achieved a significant milestone by outselling Maruti's long-reigning WagonR, with 17,547 units compared to 16,368 sold by the latter

There is no impact of elections on the market: Ashok Leyland MD & CEO

Agarwal talks about the company's capex, funding plans in EV arm Switch and growth in bus sales

Car dealers may have to pay 18% GST on sale of demonstration cars

The ruling has evoked sharp criticism from experts who say it may lead to litigation

M&M's growth engines roar to life, launches to drive market-share gains

Success mileage: Investor confidence accelerates with growth focus

Over 90% of fund gets used before FAME deadline; supports 1.5 mn vehicles

Government officials stated that some more funds will also be utilised for vehicles that were sold before 31 March but have not yet applied for incentives

Best of BS Opinion: A Chinese invasion of the auto landscape & more

Here is the best of Business Standard's opinion pieces for today

Domestic PV sales rise by just 1.76% due to high base effect, elections

This year, the growth is anticipated to be modest, likely in the single digits

A Chinese invasion of the auto landscape

As seen in Australia, tariff cuts may have an unwelcome outcome for domestic car makers

Month after EMPS rollout: Ola market share grows to 53%, registrations drop

Ola gained market share because its decline was much lower than the industry average

Auto, tyre shares on a roll; Nifty Auto, M&M scale new highs; here's why

Auto, tyre stock update: Shares of auto and tyre makers rallied up to 5 per cent in intra-day deals on Tuesday, lifting the Nifty Auto index to a new all-time high on upbeat outlook.

Harley-Davidson quarterly profit declines by 23% owing to slow demand

Global motorcycle shipments, including those of Cruiser, Trike and Touring bikes, fell 7% in the quarter from a year earlier

Chinese electric vehicle suppliers prefer tech tieups, shun 'risky' JVs

China is the largest cell and battery manufacturer in the world. Its companies have explored a possible entry to India but did not proceed due to stringent FDI norms for companies from China

General Motors beats quarterly results targets, raises annual forecast

"Our consumer has been remarkably resilient in this period of higher interest rates," GM Chief Financial Officer Paul Jacobson said