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Latest Articles in auto makers
JK Tyre To Raise Stake In Subsidiary Cavendish Industries
Cavendish Industries is a manufacturer of automotive tyres, tubes and flaps which is also the prime business of JK Tyre.
Read MoreToyota Kirloskar Motor Halts Production At Plant In Bidadi, Karnataka Until Further Notice
Considering the recent developments on the COVID-19 outbreak in the country, TKM has taken certain additional measures.
Read MoreAuto Sales Remain Subdued Ahead Of Transition To BS-VI Emission Standards
TVS Motor Company too registered sales of 2.53 lakh units in February as against sales of 2.99 lakh units in the same month of last year with exports increasing to 82,877 units.
Read MoreTata Motors Board Approves Plan To Raise Rs 500 Crore Through NCD Issue
Tata Motors' board on October 25, 2019 had approved and authorised the raising of additional funds up to Rs 3,500 crore through external commercial borrowings.
Read MoreWeak Sentiment To Curb Automakers' Sales Despite Better Q3: Fitch Ratings
Automakers could also face production disruptions if the COVID-19 novel coronavirus spread in China leads to a prolonged halt in the supply of required auto components.
Read MoreGreat Wall To Make An Indian Foray By 2021
Chinese auto major GMW hopes to roll out its first product for India in 2021
Read MoreIndia Auto Production To Shrink By 8.3% In 2020; Coronavirus Spread May Hit Supply Chain: Fitch
The agency said that it believes that the weak domestic demand for new vehicles will see India''s vehicle production continue to contract in 2020.
Read MoreAuto Sector Apprehensive Over Coronavirus Impact On Component Supply From China: SIAM
The supply chain in the auto industry ranges from Tier I to Tier II and III suppliers, and information has to come from across.
Read MoreSouth Korea Asks China For Help In Resuming Production At Auto Parts Plants
Hyundai Motor has suspended most production in South Korea as of Friday because the coronavirus outbreak in China has disrupted the supply of parts, becoming the first major car maker outside of China to do so.
Read MoreFiat Chrysler Profit Rises, Outlook 'Firm' Ahead Of Peugeot Merger
Fiat Chrysler (FCA) results were "a touch above" expectations, and the carmaker's shares in New York were up 1.3% in early trading, while shares in Milan were up 1.9%.
Read MoreUS Regulator To Review Recommendation On Fiat Chrysler's Jeep Complaint Against Mahindra
The International Trade Commission (ITC) on Wednesday said it would review an administrative law judge's initial determination last November that Mahindra's Roxor off-road utility vehicle infringed on the "trade dress" of FCA's Jeep.
Read MoreNew Year, New Cheer?
In this issue of BW Businessworld, we put the auto crisis as a cover story which shows no signs of abating. Yet, the auto majors are exploring various strategies and newer models in the hope that the new year will bring them some respite.
Read MoreNo Slowdown In Automobile Sector, Claims Traders Body CAIT
There is no slowdown in automobile sector. They are saying this to get a package from government, said CAIT's Praveen Khandelwal.
Read MoreIndia's Economy Suffers Car Crash, Pain Spreads To Villages
Laid-off workers returning to their villages are now putting more burden on a rural sector already suffering falling income from low crop prices, and dampening consumer sentiment and growth across the country.
Read MoreAutomotive Tailspin And Actions In Recovery
Product, manufacturing, infrastructure, fuel, buyer behaviour, product alternates all are being disrupted leading to consumer demand going down. Major trend setting disruptions seem to be:
Read More