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passenger vehicles

Tata Motors: Tata clarifies on creating holding company to park Tata Motors’ demerged businesses

by Nevil Nickel
Tata Motors: Tata clarifies on creating holding company to park Tata Motors’ demerged businesses

Tata Motors on Thursday issued a clarification on an ET report that said Tata Sons is understood to be creating a holding company for Tata Motors to house its passenger …

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Maruti, Hyundai report muted domestic wholesales in October

by Nevil Nickel
Maruti, Hyundai report muted domestic wholesales in October

Auto majors Maruti Suzuki India and Hyundai reported muted sales performance in October as the companies curtailed dispatches to dealers in order to cut inventory build up. The country’s largest …

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Shashank Kanodia: Can Hyundai outpace Maruti in the long run? Shashank Kanodia answers

by Mark McDuffie
Shashank Kanodia: Can Hyundai outpace Maruti in the long run? Shashank Kanodia answers

“Margin profile with 25% really have much of a choice, because if you consider maybe Tata Motors, M&M, and Maruti, so Tata Motors has a JLR as a leg, which …

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Car sales in India: Slow start in FY25 but festive season boost expected

by Nevil Nickel
Car sales in India: Slow start in FY25 but festive season boost expected

Car sales in the first half of the fiscal year has been slower than expected, but with the onset of the festive season demand is expected to gain momentum helping …

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Fada: September auto retails down 9.26% on heavy rainfall, weak sentiments

by Nevil Nickel
Fada: September auto retails down 9.26% on heavy rainfall, weak sentiments

Weak consumer sentiments and above-normal rainfall dampened retail sales of passenger vehicles, two-wheelers and commercial vehicles in September, pulling the overall sales to customers down 9.26% year on year to …

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Tata Motors to accelerate maintenance shutdown amid rising stockpiles, declining sales

by Nevil Nickel
Tata Motors to accelerate maintenance shutdown amid rising stockpiles, declining sales

Tata Motors is set to advance the annual maintenance shutdown of its passenger vehicle plants due to mounting stockpiles-equivalent to up to two months of sales-amid slowing sales across its …

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Tata Motors total domestic sales down 15 pc at 69,694 units in Sep

by Nevil Nickel
Tata Motors total domestic sales down 15 pc at 69,694 units in Sep

New Delhi: Tata Motors Ltd on Tuesday reported 15 per cent decline in total domestic sales at 69,694 units in September as compared to 82,023 units in the year-ago month. …

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market correction: Is it time to increase cash holdings in anticipation of market correction? Sandip Sabharwal answers

by Mark McDuffie
market correction: Is it time to increase cash holdings in anticipation of market correction? Sandip Sabharwal answers

“Mutual fund figures for I think the last month are still to come out, but they should be healthy. So, there are flows into mutual funds, PMS, AIF, etc. So, …

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FADA: Automobile sales declines 7.01 pc in August, above normal monsoon attributed to poor performance: FADA

by Nevil Nickel
FADA: Automobile sales declines 7.01 pc in August, above normal monsoon attributed to poor performance: FADA

Federation of Automobile Dealers Association on Thursday released the retail details for the month of August. The total growth of the industry was just 2.88 per cent YoY, with varying …

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Auto sales decline for second straight month in August

by Nevil Nickel
Auto sales decline for second straight month in August

Sales of passenger vehicles in the local market declined for the second straight month in August, on a high base, and with carmakers reducing dispatches to rationalise stocks at dealerships. …

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