Search For "automaker"
Nissan logs $6.2 billion annual net loss, unveils 4-year transformation pl
Updated : 5 years, 9 months ago IST
Yokohama [Japan], May 28 (ANI): Japanese automaker Nissan on Thursday reported a 671 billion yen (about 6.2 billion dollars) net loss for the latest fiscal year and said it intends to close its Barcelona plant in Spain in addition to the one it is planning to shutter in Indonesia.
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Maruti Suzuki Q4 net profit skids by 28 pc at Rs 1,292 crore
Updated : 5 years, 10 months ago IST
New Delhi [India], May 13 (ANI): Automaker Maruti Suzuki on Wednesday posted a net profit of Rs 1,292 crore for the quarter ended March, down 28 per cent over the same period of previous year.
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Tata Motors to raise Rs 1,000 crore through NCDs
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], April 28 (ANI): Tata Motors said on Tuesday it will be issuing non-convertible debentures (NCDs) worth Rs 1,000 crore to improve liquidity which has taken a hit among all automakers due to the economic slowdown and COVID-10 lockdown.
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Mahindra plant in Michigan creates new 'Arsenal of Health' to combat COVID
Updated : 5 years, 11 months ago IST
Michigan [USA], April 15 (ANI): Indian automaker Mahindra is joining the "Arsenal of Health" efforts spearheaded by General Motors Co. and Ford Motor Co. in Michigan to make medical Personal Protection Equipment (PPE) for healthcare workers fighting COVID-19.
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Weak sentiment to curb automakers' sales despite better Q3: Fitch Ratings
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Feb 19 (ANI): Slowing GDP growth and weak consumer sentiment in India will continue to weigh on auto sales despite some improvement in the quarter ended December 2019, according to Fitch Ratings.
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Toyota, other major Japanese automakers partially resume operations in cor
Updated : 6 years ago IST
Beijing [China], Feb 18 (ANI): Four Major Japanese automakers operating in China, including Toyota Motor Corp, said on Monday they have partially resumed operations which had been suspended in the wake of the outbreak of novel coronavirus in the country.
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Maruti Suzuki's Q3 profit advances by 5 pc at Rs 1,565 crore
Updated : 6 years, 1 month ago IST
New Delhi [India], Jan 28 (ANI): Automaker Maruti Suzuki said on Tuesday its profit moved up by 5.1 per cent during the third quarter of current fiscal (Q3 FY20) to Rs 1,565 crore.
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Bajaj Auto invests Rs 57 crore in e-mobility provider Yulu
Updated : 6 years, 3 months ago IST
Bengaluru (Karnataka) [India], Nov 26 (ANI): Leading automaker Bajaj Auto Ltd (BAL) said on Tuesday it is investing about Rs 57 crore in shared e-mobility service provider Yulu to transform urban commute in India.
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Tata Motors reports Q2 loss at Rs 216 crore amid slowing demand
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Oct 25 (ANI): Automaker Tata Motors on Friday reported a consolidated loss of Rs 216 crore for the second quarter of current fiscal against a loss of Rs 1,049 crore in the same period of previous fiscal amid slowing demand for passenger and commercial vehicles i
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Renault ousts CEO Thierry Bollore abruptly, Clotilde Delbos takes over
Updated : 6 years, 5 months ago IST
Paris [France], Oct 11 (ANI): French automaker Renault said Friday that it had sacked its Chief Executive Officer Thierry Bollore, less than one year after he took up the position following the arrest of previous boss Carlos Ghosn on charges of financial misconduct.
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Toyota, Suzuki form capital alliance as auto industry faces disruption
Updated : 6 years, 6 months ago IST
Tokyo [Japan], Aug 28 (ANI): Japanese automakers Toyota and Suzuki announced on Wednesday that they reached an agreement on a capital alliance.
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Ford to layoff 7,000 white-collar workers
Updated : 6 years, 9 months ago IST
Washington [USA], May 20 (ANI): American automaker company Ford will be laying off 7,000 white-collar workers as part of their austerity measures which will help the company save around 600 million US dollars a year.
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