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Indian auto's big bet amid a bleak year

New Delhi, Oct. 22 -- In an upmarket stretch of south Delhi, lined with a row of nearly half-a-dozen automobile dealerships, the air is rife with nervousness. In front of the Maruti Suzuki outlet, abo... Read More


JK Tyre Q2 profit declines 34.5% to Rs 110 cr

New Delhi, Oct. 21 -- JK Tyre and Industries Ltd - one of the country's largest tyre manufacturers - on Wednesday, reported a 34.59% year on year decline consolidated net profit of Rs.109.68 crore for... Read More


Motherson acquires assets of Bombardier biz in Mexico

New Delhi, Oct. 21 -- Automotive parts makers Motherson Sumi Systems Ltd on Tuesday said it has acquired the electrical wiring interconnection systems business of Bombardier Transportation in Mexico. ... Read More


Motherson Sumi to acquire Bombardier's Mexico-based electrical wiring biz

New Delhi, Oct. 20 -- Motherson Sumi Systems Ltd - one of the country's largest automotive component manufacturers - on Tuesday announced signing of a sale and purchase agreement to acquire the Electr... Read More


Maruti's dealerships may get a margin lift

New Delhi, Oct. 20 -- Maruti Suzuki India Ltd is considering a series of steps to improve the financials of its struggling dealers, including boosting their profit margins and ensuring that they have ... Read More


Maruti Suzuki may hike dealer margins

India, Oct. 20 -- Maruti Suzuki India Ltd is considering a series of steps to improve the financials of its struggling dealers, including boosting their profit margins and ensuring that they have acce... Read More


PV wholesales increase in September

New Delhi, Oct. 17 -- India's passenger vehicle and two-wheeler wholesale dispatches rose for the second consecutive month in September, in a steady recovery from April when the pandemic-induced lockd... Read More


PV wholesales rise for a 2nd month as dealers stock up

New Delhi, Oct. 17 -- India's passenger vehicle and two-wheeler wholesale dispatches rose for the second consecutive month in September, in a steady recovery from April when the pandemic-induced lockd... Read More


Passenger vehicle sales rise 26.5% in Sept

New Delhi, Oct. 17 -- India's passenger vehicle and two-wheeler wholesale dispatches rose for the second consecutive month in September, in a steady recovery from April when the Covid-19 pandemic-indu... Read More


Maruti Suzuki tells vendors to buckle up

NEW DELHI, Oct. 16 -- Maruti Suzuki India Ltd has advised owners of its highly leveraged component vendors to sell some of their noncore businesses and increase promoter stakes to improve cash flow an... Read More