A key reason for lower than expected inflation projections could be weak demand
The stock tanked 4.82 per cent to settle at Rs 171.70 on BSE, it declined 4.54 per cent to close at Rs 172.15 on NSE
Total revenue from operations stood at Rs 16,117.51 crore in the quarter under review against Rs 17,092.44 crore in the year-ago period
Speth had worked in companies like BMW, Premier Auto Group and Linde among others
Exports last month stood at 9,469 units as against 7,865 units in January 2021
Clean energy public transport is crucially dependent on the mechanics of financing
Manufacturers, however, remain watchful of inflationary trend, even as their prices hikes begin to outpace incremental costs
Expects no demand let-up; targets production ramp-up in Q4
Maruti and Tata Motors have already announced price increases for their vehicles
Tesla models, with price starting at around Rs 34 lakh in the US, will cost double in India
Electric two-wheeler maker will use latter's production facility to raise capacity
Automobile dealers' body FADA has urged the government to reduce GST rates on two-wheelers to 18 per cent in order to generate demand in the segment.
Automaker Kia India said it has received 7,738 bookings of its upcoming model Carens on the first day of commencing the order process
The luxury carmaker is focusing on technology, digital platforms and below-the-line activities to drive sales
It isn't clear how soon the chip shortage will get sorted, but analysts expect a gradual easing of constraints. Over a two-year timeframe, strong growth is expected from CVs and PVs
The car is powered by Honda's 1.2L i-VTEC petrol engine and 1.5L i-DTEC diesel engine, available in manual and CVT versions for both fuel options.
Market-share loss in SUVs, supply disruptions, and margin improvement may take time to repair
Industry experts point out that this unique model could be a challenge or an opportunity for the company in the coming days as there is no successful model to follow
The new Celerio is wider and taller than the earlier version by 55 mm
South Korean auto major Hyundai plans to invest around Rs 4,000 crore to drive in around six electric vehicles in India by 2028. The company is planning to roll out a mix of models based on its existing range as well as completely new vehicles based on its global platform 'E-GMP' over the next few years. In an interaction with PTI, Hyundai Motor India MD & CEO S S Kim said that the company is gearing up to expand its presence in the EV space in the country in a big way with the first of the six new products being expected to debut next year. The company would invest around Rs 4,000 crore in the R&D towards the six-model line up till 2028. "As we continue to redefine the mobility space, today we are yet again showcasing our commitment towards Indian customers with the announcement of expanding our BEV line-up to six vehicles for the Indian market by 2028," Kim said. The company is taking experiences beyond mobility and are strongly focusing on intelligent technology, ...