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Auto sector kicks off FY 2020 with a 8% decline in retail sales

New Delhi, May 8 -- Retail sales of vehicles across segments declined significantly by 8% on a year - on year - basis to 1638470 units in April as political uncertainty before the general election res... Read More


Escorts net profit up just 7.8% in Q4 as tractor demand declines

New Delhi, May 8 -- Escorts Ltd - one of India's largest construction equipment and tractor manufacturer - reported a 7.8% increase in net profit to Rs.121.4 crore for the quarter ending March 31, due... Read More


Escorts Q4 net profit up by just 7.8%

New Delhi, May 8 -- Escorts Ltd - one of India's largest construction equipment and tractor manufacturer - reported a 7.8% increase in net profit to Rs.121.4 crore for the quarter ending March 31, on ... Read More


Maruti, Suzuki gear up for shared mobility

New Delhi, May 3 -- Maruti Suzuki India Ltd and parent Suzuki Motor Corp. are scaling up their bets in the shared mobility industry by developing a multipronged strategy to exploit this rapidly growin... Read More


Maruti decides to pull the plug on diesel cars from April 2020

New Delhi, May 3 -- Maruti Suzuki India Ltd has decided to pull the plug on diesel cars from 1 April 2020, raising questions on whether the company will be able to retain its more than 50% share in th... Read More


Hyundai EVs for ride-hailing companies may be rolled out from 2021

New Delhi, May 2 -- Hyundai Motor Group plans to make Ola Cabs, India's largest cab aggregator, the test bed for a new range of affordable electric vehicles slated for introduction around 2021, said t... Read More


Hero MotoCorp bets big on 125cc scooters, premium motorbikes

New Delhi, May 2 -- Hero MotoCorp Ltd, the second-largest two-wheeler maker in India, is betting big on 125cc scooters and premium motorcycles to try and cut its reliance on entry-level motorcycles am... Read More


TVS Motor posts 19.2% drop in Q4 profit at Rs.133.8 crore on subdued sales

New Delhi, April 30 -- As sales of motorcycles and scooters remained subdued in the second half of the last fiscal year, TVS Motor Company--one of the country's largest two- and three-wheelers manufac... Read More


Maruti and Suzuki gear up for shared mobility ride

New Delhi, April 29 -- Maruti Suzuki India Ltd and parent Suzuki Motor Corp. are scaling up their bets in the shared mobility industry by developing a multipronged strategy to exploit this rapidly gro... Read More


Maruti and Suzuki gear up for shared mobility ride

NEW DELHI, April 29 -- Maruti Suzuki India Ltd and parent Suzuki Motor Corp. are scaling up their bets in the shared mobility industry by developing a multipronged strategy to exploit this rapidly gro... Read More