News for 4 February 2011
Auto companies, may not be able to absorb any hike in duty and additional burden would be passed on to the market.
Cars and bikes prices may reportedly go up again, the second time in the …
Skoda India registered boost in sales figures by 51% in January 2011 as compared to last year figures. Czech based car maker sold 2825 units last month, compared to just 1881 unit sold in January …
A recent study conducted by Booz & Co., one of the leading management consultancies in the world, reveals that the widespread paradigm shift of the global economy in Asia towards the automotive industry will drive …
Volkswagen, the European car maker recently reported a 10-fold raise in sales in India during January 2010 as compared to the same month previous year.
A total of 5,601 units of premium hatchback Polo and premium …
This year, Auto sales in January moderated after high numbers last year with leading car-makers, including Maruti Suzuki India, Tata Motors reporting sales growth rate in mid-teens, while that of Hyundai declined.
Maruti Suzuki India, the …
The world`s fastest growing auto sector will witness hikes in loan rates starting February 3, 2011. This is the second hike in interest rates within the same month. Auto financiers like Kotak Mahindra and …
Hero Honda Motors Ltd, India’s biggest motorcycle maker, reported its largest fall in quarterly profit in more than three years as raw materials prices eroded gains from higher sales.
“We do foresee margins to remain under …
Mahindra & Mahindra Ltd. (M&M Ltd.) signs a memorandum of understanding (MoU) with IndusInd Bank Ltd. (IBL). IBL will be the preferred financiers for the entire range of vehicles sold by Mahindra & Mahindra Ltd. …
