Mumbai, April, 2017: BSE-SME listed Majestic Research Services and Solutions Ltd has won a contract from United Nations Industrial Development Organization to conduct a survey covering 200 auto ancillary firms across the country. In addition […]
In March’17, most OEMs including Royal Enfield, Ashok Leyland and M&M (FES) reported better than expected numbers while Tata Motors CV and M&M PV posted a muted performance. We believe the impact of demonetization on […]
· Tractor volumes in domestic market reported a positive growth trajectory during current fiscal (growth in volumes of 18.2% in 10m, FY2017 on a YoY basis) fuelled by favourable farm sentiments as southwest monsoon performance […]
New Navigant Research Report Ranks Ford the Leader in Developing Automated Driving Systems DEARBORN, Mich., April 4, 2017 – Ford Motor Company ranks first in the strategy and execution of self-driving cars – according to […]
Honda Receives Three Model-Level Awards; Bajaj, Hero, TVS Each Receive Model-Level Award NEW DELHI: 3 April 2017 — Buyers of newly launched two-wheeler models have higher satisfaction than buyers of carry-over models, according to the […]
Driven by strong growth across product segments, overall export volumes grew by ~29% during 9MFY2017. TBR imports: Chinese tyres get an ADD/CVD reprieve from United States International Trade Commission; tyre imports to India likely to […]
Indian Auto Industry has been BS4 ready since 2010 and has also proactively decided to migrate to BS6 – fastest migration to BS6 in the World New Delhi, 29th March 2017: Reacting to the Supreme […]
· As per ICRA, the total inventory of CV OEMs is estimated to have been approximately 74K units, which is around 1.3x the average monthly sales · Within the M&HCV (Truck), the growth has […]
Production The industry produced a total 23,059,539 vehicles including passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycle in April-February 2017 as against 21,869,793 in April-February 2016, registering a growth of 5.44 percent over […]
Demonetisation and the resulting liquidity crisis resulted in volume compression of 11.3% during Nov’16-Jan’17 over the corresponding previous. Furthermore, with BS-IV emission norms coming into effect from Apr’17, there have been some inventory correction taking […]
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