Page 27 - Auto Sector

Supply side constraints dent India's auto sector December sales

The sectors' current off-take of passenger vehicles, two-and-three wheelers were far behind the 2019 sales levels

Auto companies stare at muted earnings in Q3 amid high input costs

Chip shortage, poor two-wheeler demand and high input costs set to be spoilers

Near-term headwinds may cap upsides for auto stocks, especially 2-wheelers

Price hikes, running costs and supply side pressures are the key concerns

Omicron worries may impact passenger vehicle supply: FADA

The industry body, however, noted that it expects the semiconductor shortage situation to normalise by the second half of next year

Most consumers have strong intent to buy vehicle in next 12 months: Survey

The strong intent to purchase a vehicle reflected a healthy recovery in overall spending habits, it added

CarTrade to deploy up to $100 mn to acquire, invest in automotive firms

CarTrade Tech said it is actively looking for companies in all aspects of the automobile ecosystem

ICRA cuts growth forecast for passenger vehicle industry to 8-11% for FY22

For the two-wheeler segment, it said the volumes are expected to contract by 1-4 per cent in FY2022 against an earlier prediction of 6-8 per cent growth

Top headlines: TaMo to hike CV prices; Centre regrets Nagaland killings

Business Standard brings you the top stories on Monday

'Govt planning more tax sops on vehicles bought after scrapping old ones'

The scrappage policy will be one of the key factors to control pollution and create jobs, Union Minister Gadkari said

Oct auto registrations fall 5.33% YoY, FADA says worst season in a decade

Festive season sales between October 7 and November 17 decline by 18.81%

Domestic two-wheeler sales second lowest in 7 years, shows data

Likely to end year with 3-6% YoY decline: CRISIL estimates

Tata lands a Punch in small car segment

Small cars have typically been known to be unsafe, lighter and with lower safety protection than larger variants but that's not so with the Punch

Govt includes CNG, LNG, 98 other advanced tech under auto PLI scheme

The scheme aims to boost manufacturing capability of the automobile sector, including the electric and hydrogen fuel cell vehicles

Delhi to soon have over 4K e-autos on roads, registration opens

Under its electric vehicle policy, the Delhi government is aiming at adoption of electric three-wheelers, including e-autos, e-rickshaws and e-carts.

United States asks Tesla why it didn't recall Autopilot driving system

The latest clash provides more evidence of escalating tensions between Tesla and the agency that regulates partially automated driving systems.

Power outages risk to growth, add to retail inflation woes: Nomura

With power demand likely to rise amid continued economic normalisation and upcoming festive sales, supply-side disruptions pose an important near-term downside risk to growth momentum, Nomura warned

Semi-conductor crunch, high input costs to crimp Q2 show for auto sector

Though weak domestic demand is set to crimp earnings of two wheeler-manufacturers, strong exports are expected to offset this to some extent

Tata Motors reports 24% increase in group global wholesales in Q2

Global sales of JLR stood at 78,251 vehicles in the September quarter

MG Motor drives in Astor at Rs 9.78 lakh to foray into mid-size SUV segment

The prices are introductory and would hold for deliveries this year.

Tata Motors hits Jan 2018 high; soars 39% in a month on strong outlook

Despite the impact of the semiconductor shortage on production and sales, JLR continues to see strong demand for its products with global retail orders at record levels in excess of 125,000 vehicles