Auto Sector

Given the current market volatility, auto stocks seem to be a better bet for long side trades. Select stocks like M&M and TVS Motor can rally up to another 12 per cent.

The management believes that the auto industry is at the cusp of revival, with favorable governmental policies and more new product launches planned by OEMs for the coming year.

The impact will be seen with a lag and will help only partially

Analysts also believe that the government's export duty hike on steel and plastic bodes well for the auto sector due to elevated commodity inflation.

Stellantis expects revenues in India to more than double by 2030 and operating profit margins to be in double-digits within the next couple of years.

Current supply issues have been brought on in part by Covid-19 affecting global supply chains and a shortage of semiconductors

Total sales across categories rose to 16,27,975 units in April, as compared to 11,87,771 units in the year-ago period.

The company, a key supplier for automakers Nissan Motor Co. and Stellantis NV, is now seeking to select a sponsor and finalize a plan next month

Draft policy will increase EV adoption

NITI rolls out draft battery-swapping policy

Various auto-rickshaw, cab and taxi unions in the national capital went on a strike on Monday, demanding a CNG subsidy and a fare revision in the wake of rising fuel prices.

Passenger vehicle exports from India increased 43 per cent in FY22, with Maruti Suzuki India leading the segment with dispatches of over 2.3 lakh units, as per the latest data by industry body SIAM.

Increase in raw material costs and semiconductor prices, coupled with supply chain disruptions could become headwinds for the auto industry, says MG Motor India President Rajeev Chaba

The refreshed Kia Seltos has been updated with 13 new enhancements, while the Sonet has been updated with 9 additional features

Industry fears Russia-Ukraine war will further dent recovery prospects as supply chains will be disrupted further

The company sold 27,603 passenger vehicles last month in the domestic market as compared with 16,700 units in March 2021

The findings are learnt to be part of the tax department's initial probe into a possible tax evasion by the two-wheeler giant

First edition of the 'Future of Mobility 2022' report expects the segment to grow further all across the country.

The second of the five-part series looks at automakers' concern over any further price hike that may dent demand in segments like two-wheelers

The Indian equity market holds a promising outlook for the future on the back of economic recovery post Covid-19 and superior corporate earnings growth: Sambre