auto

Mumbai: The Red Sea crisis is likely to hit auto components industry margins in the coming quarters amid higher container rates and shipping times, credit rating agency ICRA said on Thursday, projecting moderate growth for the industry in this fiscal year.According to the rating agency, about...

According to rating agency ICRA, operating margins are expected to improve year-on-year in FY25, driven by factors such as better operating leverage and higher value addition."Demand from domestic original equipment manufacturers (OEMs) constitutes more than 50 per cent of the Indian auto...

New Delhi: Auto stocks were in heavy demand on Tuesday, with Maruti Suzuki India rising nearly 7 per cent amid reports that the UP government will waive registration tax on hybrid cars as part of an initiative to promote eco-friendly vehicles in the state. Is done.Maruti shares closed 6.60 per...

Pune, Bajaj Auto CEO Rajiv Bajaj on Friday suggested that the government review the GST rates for vehicles powered by clean fuels.At the launch of the first Freedom 125 integrated motorcycle here, Bajaj also expressed concern over the use of "unsustainable subsidies" to promote electric...

Pune Bajaj Auto CEO Rajiv Bajaj on Friday suggested that the government should review the GST rates for vehicles powered by clean fuels.During the launch of the first Freedom 125 integrated motorcycle here, Bajaj also expressed concern over the use of "unsustainable subsidies" to promote...

Starting at Rs 95,000 (ex-showroom), the bike is powered by a 125-cc engine with the ability to toggle between petrol and compressed natural gas powertrains.The CNG motorcycle was unveiled by Bajaj Auto MD Rajiv Bajaj in the presence of Union Road Transport and Highways Minister Nitin Gadkari...

New Delhi, Auto component maker Samvardhan Motherson International Ltd on Friday said it has raised US $ 350 million (about Rs 2,920 crore) by issuing notes.The notes were issued by step-down subsidiary, SMRC Automotive Holdings Netherlands BV (SAHN BV), backed by the corporate guarantee of...

SMPLNew Delhi [India], July 5: The automobile industry is quite segregated and for decades, mechanics and automotive service providers have struggled to source ideal auto parts and equipment. Mechanics had to wait weeks to get the right equipment from their nearest supplier.Autogorilla is...

New Delhi: One person died while another was injured in a fight over sprinkling of rain water accumulated on the roadside on some people in South Delhi's Sangam Vihar on Wednesday evening. Police gave this information.The incident occurred when an auto rickshaw broke down and the occupants of...

New Delhi, Vedanta Group company Hindustan Zinc on Wednesday said it is committed to partnering with the country's auto companies to "unlock zinc potential" and enhance India's mobility.The use of zinc in the automotive sector, through galvanized steel, provides significant fuel and emissions...

New Delhi, Mahindra & Mahindra on Monday said its wholesale sales in June increased 11 per cent year-on-year to 69,397 units.The company's total deliveries to dealers in June 2023 stood at 62,429 units.The Mumbai-based auto major's passenger vehicle sales in the domestic market rose 23 per...

New Delhi, Bajaj Auto on Monday reported a 5 per cent year-on-year growth in its total vehicle wholesales including exports to 3,58,477 units in June.According to a company statement, the Pune-based automaker had sold 3,40,981 two-wheelers and commercial vehicles in June 2023.Total domestic...

Toyota Customizing and Development Co., which makes auto parts, ambulances and racing cars, reportedly forced about 50 suppliers to maintain more than 650 molds and inspection equipment for parts used in its previous vehicles, Even though he had not planned to place new orders. Kyodo News said...

The culprit was identified as Jyotirmoy Samal, an auto rickshaw driver in Bhubaneswar.Special public prosecutor Rajeev Sasmal said, "On September 1, 2021, the convict tried to rape his daughter, who works as a sanitation worker in the city along with her mother... She was sleeping in a...

New Delhi: A 24-year-old woman traveling in an auto was hit by an unknown vehicle in North Delhi, resulting in her death. Police gave this information on Friday.He said that the victim has been identified as Manju Devi."An accident was reported at the Wazirabad police station. A team was...

Hisar: All the shops of Auto Market, New Grain Market and Market Cashiers remained closed on Friday in protest against the recent firing by armed miscreants outside a car dealership here.Traders allege that the culprits have not been arrested yet.The 72-hour ultimatum given by traders for...

PNNPunjab [India], June 28: Metalman Auto (P) Ltd., a Ludhiana-based national industrial group, has scored a major victory in the National Manufacturing Excellence Awards 2023-2024. Organized by the International Research Institute for Manufacturing (IRIM), the award recognizes outstanding...

Mangaluru (Karnataka) [India] In a heart-wrenching incident on Wednesday night in Mangalore, Karnataka, two auto drivers lost their lives due to electric shock.Raju, 50, and Devraj, 46, worked as auto drivers in the city and lived in a rented house near Rosario Church."The incident occurred...

The deceased were identified as Devaraj Gowda, a resident of Uppinangadi, and Raju, a resident of Hassan.According to the police, the incident occurred when an auto driver was washing his auto behind Rosario School and an electrical wire fell on him.Another driver present at the spot tried...

New Delhi [India], Bajaj Auto Limited has announced the start of commercial production at its new manufacturing facility located at Av. do Turismo, Bairro Taruma, Manaus, Brazil.In an exchange filing, Bajaj Auto stated that the facility, operated by Bajaj Do Brasil Comercio De Motocicletas...