Profit at Castrol India, majority-owned by British oil major BP, rose to Rs 2.33 billion ($27.4 million) from Rs 2.16 billion a year ago
Firing on all cylinders: New models to steer it through cost bumps, sector drag
Q4 FY25 company results today: Reliance Industries, Tata Tech, RBL Bank, Motilal Oswal Financial, and Poonawalla Fincorp will be among 37 firms to post earnings reports for the January-March quarter
The company is already India's biggest exporter of cars, and the e-Vitara key will be key to further boost its overseas shipments, which it plans to grow by 20% in the current fiscal year
The auto maker's net profit for the fourth quarter declined 4 per cent Y-o-Y to ₹3,711.1 crore
Suzuki Motor Corporation and Maruti Suzuki India Ltd on Wednesday announced a proposal to set up Osamu Suzuki Centre of Excellence in India in honour of late Osamu Suzuki, the former chairman of the Japanese small car major. The Osamu Suzuki Centre of Excellence (OSCOE) is proposed to be located in Gujarat and Haryana, and will work towards supporting the national objective of high manufacturing growth and raising the standard of component manufacturers (across tier-1, 2 & 3) to make supply chains of the country globally competitive, Maruti Suzuki India said in statement. It will also work to build infrastructure and develop programmes in collaboration with academia and others to propagate Japanese manufacturing philosophy, the statement added. "The programme would include, but not limited to formal teaching, lectures, discussions, seminars etc. Importantly, the efforts of OSCOE would go beyond the automotive sector to other areas of manufacturing," it added. The announcement to ..
The Nifty Auto index, which tracks the performance of auto stocks, dropped 1.46 per cent, to hit an intraday low of 21,095 points.
Stocks to Watch on Apr 3, 2025: As the US imposed ;reciprocal tariffs' IT, Pharma and auto related stocks will be in focus
Stocks to Watch on Apr 2, 2025: Zomato, Swiggy, auto stocks, and others will remain in focus today
The fall in auto stocks came after the US President Donald Trump, on Wednesday, announced that he would impose a 25% tariff on all cars imported into the US that are not manufactured domestically
According to analysts at Nuvama, the tractor industry volumes are expected to grow in double digits, with an approximately 16 per cent Y-o-Y increase in the domestic market
MSIL's board currently comprises 11 members-five Indians and six Japanese. Among the Indian members, four are independent directors, while chairman R C Bhargava is the fifth
Maruti Suzuki revealed that there is no impact on financial, operation or other activities of the company due to this draft Assessment Order
Industry experts believe price hikes are influenced by multiple factors, including the rising costs of electronics, regulatory compliance requirements, and premiumisation trends
Maruti Suzuki, Hyundai, Tata Motors, Kia India and Honda Cars have all announced price hikes April 2025 onwards
Tata Motors announced a price increase of up to 2 per cent across its CV range, effective April 1
Tata Motors will hike prices of its commercial vehicles, including trucks and buses, by up to 2% from April, while Maruti Suzuki said it will increase car prices by as much as 4% next month
The price increase is expected to be up to 4 per cent and will vary depending on the model. Some portion of the increased cost may need to be passed on to the market, as per the filing
Maruti Suzuki, Hyundai Motor India, Mahindra & Mahindra (M&M), and JSW MG Motor all announced price hikes this year to offset rising input costs
Maruti Suzuki India on Saturday reported a marginal year-on-year increase in total sales at 1,99,400 units in February. The company sold a total of 1,97,471 units in the same month last year, Maruti Suzuki India (MSI) said in a statement. Total domestic passenger vehicle sales were at 1,60,791 units last month as compared with 1,60,271 units in the year-ago month, a marginal year-on-year growth, it added. Sales of mini segment cars, comprising Alto and S-Presso, declined to 10,226 units as against 14,782 units in same month last year. Sales of compact cars, including Baleno, Celerio, Dzire, Ignis, Swift, and WagonR, rose to 72,942 units as compared to 71,627 units in the year-ago month. Utility vehicles, consisting of Grand Vitara Brezza, Ertiga, XL6, Jimny clocked sales of 65,033 units last month as compared to 61,234 units earlier. Sales of van Eeco were at 11,493 units last month as against 12,147 units in February 2024, while that of light commercial vehicle Super Carry stood