The Indian automobile sector is expected to report weak fourth-quarter results because of subdued demand in both domestic and global markets, according to a report by HDFC Securities.
Following US President Donald Trump's announcement of tariffs, Congress MP Shashi Tharoor highlighted how the tariffs could affect the automobile sector, particularly the trade of automobile parts.
New Delhi [India], January 31: As anticipation builds around the Union Budget 2025, investors, businesses, and policymakers eagerly await key reforms that could reshape the economic landscape. This year's budget is expected to focus on tax reforms, housing benefits, incentives for the automo
Madhya Pradesh CM Mohan Yadav meets Toyota Motor Corporation representatives in Tokyo to discuss trade ties and investment opportunities for the automobile sector in Madhya Pradesh, ahead of the Global Investors' Summit 2025.
Prime Minister Narendra Modi highlighted that India's automotive sector is witnessing remarkable growth, with the country now selling over 2.5 crore cars annually, surpassing the population of many countries globally.
Union Commerce & Industry Minister Piyush Goyal on Friday emphasized the importance of encouraging first-time vehicle buyers in India to choose electric vehicles (EVs) over fossil fuel-based cars.
The auto sector's earnings growth in the third quarter of FY25 is projected to rise by only 3 per cent year-on-year (YoY), marking the slowest pace in the last 11 quarters, according to a report by Motilal Oswal Financial Services.
The auto component aftermarket grew by 5 per cent due to increase in used vehicle parc and formalization of the repair and maintenance market, according to the findings of Automotive Component Manufacturers Association of India (ACMA).
As the U.S. election date approaches, investors worldwide are closely monitoring the outcome of the vote in the world's oldest democracy. The results could also impact India's economy, particularly if the leadership changes its approach to economic policies affecting the country.
New Delhi [India], October 14: Hyundai Motor India Limited (HMIL), a significant player in the Indian automobile sector, is gearing up for its initial public offering (IPO), which aims to raise capital for strategic initiatives.
India's automobile sector's shift to EVs will not solely rely on electric vehicles but will also include hybrids and plug-in hybrids, as per a report by Elara Securities.
Pune (Maharashtra) [India], April 25: Car Commune, an innovative force in the car care sector functioning since 2023, proudly announces its alliance with top automakers dealerships like Skoda, Tata, Hyundai, and Jeep. This marks a major step in Car Commune's mission of establishing their bra