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Davos 2020: Short term actions that put money in consumers' hand is the need of the hour, says Anish Shah, Mahindra Group

Davos 2020: Short term actions that put money in consumers' hand is the need of the hour, says Anish Shah, Mahindra Group

Mon, Jan 27, 2020

The main thing that we need right now is the short term actions that put money in the hands of the consumer that drives consumer demand, that's the primary need. There have been a lot of steps taken so far. Some of them are more medium and long term impact but we need short term stimulus right now. One of the requests from many companies across the company has been to review whether we should take advantage of the clause that we have the exigency clause in terms of fiscal management

Maruti Suzuki S-PRESSO: Exports of this Make in India mini-SUV commence

Maruti Suzuki S-PRESSO: Exports of this Make in India mini-SUV commence

Fri, Jan 24, 2020

India's largest passenger car manufacturer Maruti Suzuki India Limited today commenced exports of its mini SUV car S-PRESSO to overseas markets. The consignments have left for global markets including parts of Asia, Latin America and Africa regions

Lamborghini sales highest in South India

Lamborghini sales highest in South India

Sat, Jan 11, 2020

South India contributes to more than 50 percent India sales to Lamborghini and has emerged as one of the strongest markets

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New Ford Figo 2019: What has changed? What's special? From prices to tech specs, check all details here of facelift version

New Ford Figo 2019: What has changed? What's special? From prices to tech specs, check all details here of facelift version

Mon, Mar 18, 2019

New 2019 Ford Figo launched: Are you one of those who were waiting for the facelift version of Ford Figo? If yes is your answer, then it's the time to put brakes on the long wait as the New Ford Figo is here in a new avatar. Reportedly, the New Ford Figo has been launched with over 1200 changes.

Tata Buzzard, H2X Micro SUV, Altroz debuts at Geneva Motor Show 2019

Tata Buzzard, H2X Micro SUV, Altroz debuts at Geneva Motor Show 2019

Wed, Mar 06, 2019

The Geneva Motor Show is one of the most exciting displays of innovative auto engineering and design in the world. Tata Buzzard, H2X Micro SUV, Altroz makes debuts at the show. Watch full video to know more.

Toyota, pressed to innovate, is cutting marketing costs to fuel research

Toyota, pressed to innovate, is cutting marketing costs to fuel research

Thu, Jun 21, 2018

Chief executive Akio Toyoda and chief financial and risk officer Koji Kobayashi want to follow the example of Tesla, Google and Tencent - all of which rely heavily on cheaper, often more innovative non-traditional marketing.

India’s crude steel output grows 6.18% in 2017

India’s crude steel output grows 6.18% in 2017

Wed, Feb 07, 2018

The National Steel Policy 2017 envisages a crude steel capacity of 300 MT by 2030-31

Nissan enters pre-owned car business in India

Nissan enters pre-owned car business in India

Thu, Sep 28, 2017

Japanese car maker Nissan today launched its pre-owned car business in India as part of its efforts to tap the fast-growing segment in the country.

Spike in petrol, diesel price fail to arrest car, two-wheeler sales

Spike in petrol, diesel price fail to arrest car, two-wheeler sales

Thu, Sep 14, 2017

With the growing fuel prices, car and two-wheeler sales in India also garner a 15% increase in the July-August period.

Fiat Chrysler denies reports of being approached by Great Wall Motor's for Jeep acquisition

Fiat Chrysler denies reports of being approached by Great Wall Motor's for Jeep acquisition

Tue, Aug 22, 2017

Fiat Chrysler released a statement today announcing that it has not been approached by the Great Wall Motor's over Jeep or any other brands acquisition.

From apparels to automobiles, companies offer huge discounts to clear pre-GST stock

From apparels to automobiles, companies offer huge discounts to clear pre-GST stock

Fri, Jun 16, 2017

Companies such as Woodland, Levi's and other apparel companies to automobile companies including passenger cars and two-wheeler firms are offering pre-GST discounts.

GST Council may revise rates on these goods today

GST Council may revise rates on these goods today

Sat, Jun 10, 2017

Excess lobbying of industry bodies over the GST rates declared in the previous Council meet may push the government to review the tax rates on certain products. Here are a few of the articles the government is expected to review tomorrow at the 16th GST Council meet.

4 out of 10 jobs will be lost to automation by 2021, say experts

4 out of 10 jobs will be lost to automation by 2021, say experts

Sun, Mar 26, 2017

India produces 5.5 million jobs (across levels) every year, but this number falls short of jobs needed to employ available talent and automation is further increasing the gap.

Passenger vehicle finance market to hit Rs 1.63 lakh crore by FY20: Report

Passenger vehicle finance market to hit Rs 1.63 lakh crore by FY20: Report

Tue, Feb 21, 2017

The passenger vehicle finance market in India is expected to grow 2.1 times to touch a size of Rs 1,63,600 crore by 2019-20, according to a report by global consultancy firm E&Y.

Note Ban Impact: Corporate earnings to dip to 4% in third quarter

Note Ban Impact: Corporate earnings to dip to 4% in third quarter

Tue, Jan 10, 2017

After recording an average revenue growth of 6.3% for three consecutive quarters, corporate earnings for key sectors will likely dip to 4% for the October-December period of 2016-17, owing to the Government's demonetisation drive, said a Crisil report.

Consumer demand may soar by 40% this festive season: Report

Consumer demand may soar by 40% this festive season: Report

Sun, Oct 16, 2016

Rural demand is adding to the festive fervour, as good monsoon has boosted confidence among the farmers and farm labour.

7th Pay commission: carmakers offer special discount to government employees

7th Pay commission: carmakers offer special discount to government employees

Tue, Aug 30, 2016

Maruti Suzuki (MSIL ) is offering discounts ranging from 5% - 15% to all government employees on its four brands namely Alto, Celerio, Swift and Dzire.

Mitsubishi Motors overstate fuel economy on eight more models: Nikkei

Mitsubishi Motors overstate fuel economy on eight more models: Nikkei

Tue, Aug 30, 2016

Mitsubishi Motors Corp overstated the fuel economy on eight of its vehicle models, in addition to four others the embattled Japanese automaker admitted to earlier this year, the Nikkei newspaper reported on Tuesday.

Hero MotoCorp's Q1 net profit soars 18%

Hero MotoCorp's Q1 net profit soars 18%

Mon, Aug 08, 2016

For the June quarter, the company sold two-wheelers of around 17,45,389 units, a rise of 6.04% compared to 16,45,867 units sold in corresponding period of the previous years. It also rose by 1.40% against 17,21,240 units sold in preceding quarter.

Bajaj Auto's domestic sales rise 20% in July, stock price up

Bajaj Auto's domestic sales rise 20% in July, stock price up

Tue, Aug 02, 2016

The company said that its July sales in domestic market stood at 1,98,022 units as against 1,65,541 units in the same month of last year. However, exports slumped leading a decrease in its total sales for the month, at 3,29,833 units as against 3,30,231 units in July 2015.

TVS Motors posts 14% sales growth, two wheeler sales up 15%

TVS Motors posts 14% sales growth, two wheeler sales up 15%

Mon, Aug 01, 2016

TVS Motors announced on Monday that it has clocked higher sales by 14% in July 2016. The company’s sales increased from 218,321 units in July 2015 to 248,002 units in July 2016. TVS Motor’s two wheeler sales were at 240,042 units up 15.4% from the same period last year.

Royal Enfield and VECV July sales records robust growth

Royal Enfield and VECV July sales records robust growth

Mon, Aug 01, 2016

Commenting on Royal Enfield’s performance, Siddhartha Lal, Managing Director & CEO Eicher Motors Ltd said, “Royal Enfield has maintained its strong volume growth in the first quarter of FY 2016-17 and we continue to take more orders than our monthly supply.

Maruti Suzuki’s July sales highest till now in FY17

Maruti Suzuki’s July sales highest till now in FY17

Mon, Aug 01, 2016

What’s interesting is that the July sales has been highest in regards to domestic sales by far in the current financial year.

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