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
Mumbai (Maharashtra) [India], Oct 23 (ANI): Two- and three-wheeler manufacturer Bajaj Auto on Wednesday reported 22 per cent year-on-year jump in its profit after tax to Rs 1,402 crore during the July to September (Q2) quarter of current financial year.
New Delhi [India], Oct 11 (ANI): Domestic vehicle sales across all categories declined to 20,04,932 units during September, marking a fall of 22.41 per cent from 25,84,062 units in the year-ago period, data released by the Society of Indian Automobile Manufacturers (SIAM) showed on Friday.
Srinagar (Jammu and Kashmir) [India], Sept 20 (ANI): A joint delegation comprising Chamber of Commerce and Industry and All Jammu and Kashmir Transport Welfare Association has urged Governor Satya Pal Malik for withdrawal of 9 and 10 per cent of onetime tax imposed on all commercial and non-
Chandigarh (Punjab) [India], Sep 14 (ANI): SML Isuzu will keep its chassis division closed for six days due to falling demand for commercial vehicles and rising inventory levels.
New Delhi [India], Sept 11 (ANI): Minister for Road, Transport and Highways Nitin Gadkari on Wednesday said that his ministry has prepared a draft of vehicle scrapping policy for commercial vehicles and hoped that pending proposals wth the Finance Ministry will be cleared soon.
Chennai (Tamil Nadu) [India], Sep 9 (ANI): Commercial vehicle manufacturer Ashok Leyland announced on Monday that five of its plants will observe non-working days during September due to continuing weak demand for its products.
New Delhi [India], Sep 9 (ANI): Domestic passenger vehicle sales skidded for the 10th consecutive month, falling from 287,198 units in August last year to 196,524 units last month and registering a 31.57 per cent decline.
Singapore, Sept 9 (ANI): The slowdown in the Indian economy is credit negative for auto asset-backed securities (ABS) backed by commercial vehicle loans because the performance of such loans is highly correlated to economic conditions, according to Moody's Analytics credit outlook report rel
Chennai (Tamil Nadu) [India], Sep 3 (ANI): Ashok Leyland, a flagship company of the Hinduja Group and the country's second largest commercial vehicle manufacturer, said on Tuesday it has become the first lndian original equipment manufacturer to meet the Bharat Stage VI emission norms acr
New Delhi [India], Sep 2 (ANI): The Society of Indian Automobile Manufacturers (SIAM) said on Monday that sales report coming out from various companies for August has been dismal with over 30 per cent erosion of sales for passenger vehicles.
Mumbai (Maharashtra) [India] August 14 (ANI/NewsVoir): Setco Automotive Ltd, the largest manufacturer of clutches for Medium and Heavy Commercial Vehicles (MHCV) in India, announced its financial result for the first quarter (Q1 FY20) ended June 30, 2019.