Deficient monsoon can hit sales in rural market: Maruti Suzuki

Last Updated: Wednesday, June 3, 2015, 18:04

"Yes, the deficient monsoon prediction is a cause of worry. Sales could be affected in some parts, specially in the rural market," Maruti Suzuki India Managing Director and CEO Kenichi Ayukawa told reporters here.

Maruti Suzuki shares end 2.5% higher as sales surge in May

Last Updated: Monday, June 1, 2015, 17:49

The scrip climbed 2.24 percent to end at Rs 3,870.20 on the BSE. During the day, it gained 3 percent to Rs 3,900.

Volvo Auto India appoints Tom von Bonsdorff as MD

Last Updated: Monday, June 1, 2015, 17:44

Bonsdorff, who has been with Volvo Cars for 17 years in various operational and managerial positions, will replace Tomas Ernberg who is moving back to Sweden in a new role, Volvo Auto India said in a statement.

Honda Motorcycle & Scooter sales up 3% in May

Last Updated: Monday, June 1, 2015, 16:26

Two-wheeler manufacturer Honda Motorcycle & Scooter India (HMSI) on Monday reported a 3.28 percent increase in total sales at 3,67,226 units in May.

Eicher commercial vehicle sales up 7.6% in May

Last Updated: Monday, June 1, 2015, 16:10

In the domestic market, Eicher trucks and buses recorded sales of 3,617 units as compared to 3,064 units in the year-ago period, an increase of 18 percent.

Honda Cars' sales rise marginally in May

Last Updated: Monday, June 1, 2015, 16:03

Last month, the company sold 873 units of small car Brio, 3,699 units of compact sedan Amaze, 1,249 units of Mobilio and 7,562 units of the mid-sized sedan City.

Ashok Leyland May sales surge 40.13% to 9,294 units

Last Updated: Monday, June 1, 2015, 13:25

Ashok Leyland on Monday reported a 40.13 percent hike in total sales at 9,294 units in May as against 6,632 units in the same period last year.

Hyundai sales pace up 1.5% in May to 52,515 units

Last Updated: Monday, June 1, 2015, 10:49

In the domestic market, Hyundai sold 37,450 units last month compared with 36,205 units in May 2014, up 3.4 percent. However, the company's exports declined 2.9 percent to 15,065 units as against 15,513 units in the same period last year.

Toyota Kirloskar sales down by 2% in May

Last Updated: Sunday, May 31, 2015, 16:32

"There was limited production this month on account of planned annual plant shut down scheduled from 29th May to 6th June, for regular maintenance. The impact will thus be felt in the next month's production as well," TKM said.

With ''attitude shift'', Takata moves from denial to compromise in air bag crisis

Last Updated: Thursday, May 28, 2015, 11:23

Takata faces dozens of civil lawsuits, which have been consolidated in a U.S. federal court in Miami, alleging the Japanese firm and automakers knew for years about potential problems with the air bags but failed to warn customers or alert regulators until recently.

FDI in automobile sector up 89% in Apr-Feb FY'15

Last Updated: Monday, May 25, 2015, 22:01

The Indian automobile sector, which is recovering from a slowdown, saw 89 percent growth in foreign direct investment (FDI) to USD 2.42 billion during the 11 month period of the last fiscal.