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Automobile News

Automobile / Bloomberg Quint

Wipro, Kognitos Collaborate To Deploy Generative AI-Based Business Automation Solutions

Wipro Ventures, Wipros corporate investment arm, has invested in Kognitos as part of the firms Series A funding round.

9 May 2024 7:20 pm
Market Volatility Likely To Rise But Auto Sector Looks Positive, Say Analysts

The India VIX, often referred to as the 'fear index', has been over 17 for much of Wednesday and has seen a surge of over 60% in the last six days.

8 May 2024 4:21 pm
FADA Reports 27% Surge In Domestic Automobile Retail Sales For April

Passenger vehicle retail sales rose 16% to 3,35,123 units last month as compared to 2,89,056 units in the same month last year.

8 May 2024 4:03 pm
Retail Auto Sales Surge 27% In April As Rural Demand Revives

The industry remains cautiously optimistic due to rising interest in new models and strategic planning.

8 May 2024 9:30 am
Tesla Autopilot Probe Escalates With US Regulators Data Demands

Tesla Inc. is facing a July 1 deadline to furnish US regulators with information about its biggest-ever recall because drivers using Autopilot keep crashing while using the system.

7 May 2024 7:27 pm
Tesla Layoffs Continue As Musk-led Auto Giant Hands Out Pink Slips For Fourth Week Running

The latest round of layoffs follows Tesla's earlier decision to reduce its global workforce by over 10%.

7 May 2024 4:10 pm
AI Is Helping Automate One of the Worlds Most GruesomeJobs

Advances in computer vision and machine learning allow robots to perform some of the high precision tasks required to butcher beef and chicken.

6 May 2024 12:25 pm
5 May 2024 3:22 pm
Toyota, Tata Motors Positioned To Benefit From Hybrid Auto Boom

Fading EV demand and popularity of hybrid models prompted Tata to separate its luxury and electric cars business from commercial vehicles.

3 May 2024 12:24 pm
Bajaj Auto Gets A New Flagship In Pulsar NS400Z

With the Pulsar NS400Z, Bajaj Auto has launched its biggest Pulsar yet that promises affordable power to the masses at a price tag of Rs 1.85 lakh.

3 May 2024 11:36 am
EPFO Mulls Massive Digitisation Exercise, Expanding Auto Settlement Scope In Two Months

To reduce the claims that fall under the 'Rejected' category, claims that are returned requiring correction or are incomplete are proposed to be linked with the previous ones.

2 May 2024 3:51 pm
2 May 2024 3:27 pm
Rockwell Automation Announces Plans For New Chennai Manufacturing Facility

The new facility planned over a 98,000-square-foot area will help Rockwell build a more resilient, agile, and sustainable supply chain in the Asia Pacific region and around the globe, it said.

1 May 2024 4:55 pm
Auto Sales In April 2024 LIVE: Escorts Sees Decline On Muted Tractor Demand

Auto Sales In April 2024 LIVE: Here's a look at which automaker sold how much in the month gone by.

1 May 2024 11:13 am
M&M To Bajaj Auto: Stocks That Will Continue To See Growth, According To Analysts

A handful of auto stocks are participating in the rally and this will continue going ahead, say analysts.

30 Apr 2024 5:32 pm
Craftsman Automation Q4 Results Review - Weak Quarter, Gradual Recovery Likely From Q1 Onwards: Motilal Oswal

Encouraging traction seen in aluminum and industrial engineering segments

30 Apr 2024 1:03 pm
Craftsman Automation Shares Decline After Q4 Profit Falls

The net profit of the company fell 12.1% year-on-year to Rs 70.5 crore in the January-March period, according to an exchange filing.

29 Apr 2024 12:39 pm
ASK Automotive Partners With AISIN Group For Passenger Car Segment JV

ASK Automotive has partnered with AISIN Group for a joint venture in the passenger car segment to market and sell auto components in independent aftermarkets.

24 Apr 2024 11:27 pm
Tesla Lowest Cost Car To Maintain, Claims Elon Musk, Cites Auto Survey Report

The report shared by Elon Musk listed the top brands with the lowest cumulative maintenance costs over 10 years.

23 Apr 2024 2:21 pm
Pavna Industries Signs Agreement With OLA Electric To Provide Auto Components

As part of the pact, it will provide auto components like ignition switches and latches to OLA Electric across its manufacturing plants in India from its manufacturing unit at Aligarh in Uttar Pradesh, Pavna Industries said in a statement.

22 Apr 2024 6:07 pm
Bajaj Auto: New Launches, Exports Boost Could Increase Revenue In FY25

The company is slated to launch six models in the next few months as it looks to ride the Chetak wave.

22 Apr 2024 1:40 pm
Volkswagen Tennessee Plant Unionizes In Landmark Win For Auto Union

Volkswagen AG employees at a Tennessee factory have voted to join the United Auto Workers, the labor group says, a landmark victory for union organizing in the long-hostile US South.

20 Apr 2024 9:31 pm
Defense Companies Are Luring Germanys Struggling Autoworkers

Germanys automakers are in crisis. Electrification and competition from China are booting thousands of highly skilled workers back onto the job market. Luckily, many are eyeing a sector that cant hire fast enough: defense.

20 Apr 2024 1:46 pm
Bajaj Auto Q4 Results Review - Rich Valuation Outbids Strong Performance: Prabhudas Lilladher

New launches and network expansion in domestic and international market

19 Apr 2024 4:03 pm
Bajaj Auto Has More In The Tank Even After A Year Of Records

Brokerages are bullish on Bajaj Auto in FY25 as the two-wheeler major is likely to outperform peers due to a strong product pipeline.

19 Apr 2024 9:57 am
19 Apr 2024 9:41 am
Bajaj Auto Q4 Results Review - Good Show But Headwinds Ahead: HDFC Securities

Higher ad spending is expected due to the upcoming launches under the Pulsar brand.

19 Apr 2024 7:48 am
Bajaj Auto Q4 Results Review - Margins Maintained Despite Lower Sequential Volumes: Motilal Oswal

Domestic two-wheeler (industry) volumes to grow 7-8% YoY in FY25E

19 Apr 2024 7:35 am
Bajaj Auto Announces Dividend of Rs 80 Per Share

The dividend is 800% of the face value of Rs 10 per share.

18 Apr 2024 5:02 pm
Bajaj Auto Q4 Results: Profit Jumps By More Than A Third, Revenue Up 29%

Net profit of the Pulsar maker rose 35.11% over the year-ago period to Rs Rs 1,936 crore on the back of revenue that was up 28.97% at Rs 11,484.68 crore.

18 Apr 2024 4:56 pm
Stock Market Live: GIFT Nifty Trades Below 22,200; Infosys Paytm, Bajaj Auto, Vodafone Idea In Focus

Keep abreast of all the latest news about Indian stock markets here on April 18.

18 Apr 2024 8:08 am
Infosys, Bajaj Auto, HDFC Life Insurance Q4 Results Today Earnings Estimates

Here are the earnings estimates of major companies that are scheduled to announce their results on Thursday.

18 Apr 2024 5:00 am
Stocks To Watch: Infosys, Bajaj Auto, Paytm, Zee, Vodafone Idea, HDFC Life Insurance

Here are the stocks to watch before going into trade today.

18 Apr 2024 5:00 am
Automobiless Q4 Results Preview - Premiumisation Is The Way To Go: HDFC Securities

Premium two-wheelers and utility vehicles shine, commercial vehicles, tractor demand tapers

16 Apr 2024 1:20 pm
Happy Forgings Shares Jump On Order For Supply Of Automobile Components

The stock rose 7.09% intraday on the NSE to the highest level since March 4.

16 Apr 2024 12:56 pm
PVs, Two-Wheelers To See Double-Digit Revenue Growth, CVs Catching Up | Auto Sector Q4 Preview

Among tyre companies, this quarter is all about margin resurgence as seen in the past couple of quarters.

16 Apr 2024 9:39 am
India Automobile Exports Decline 5.5% In Fiscal 2024

Overall exports stood at 45,00,492 units in the last fiscal compared to 47,61,299 units in FY23.

14 Apr 2024 6:33 pm
Who Was Paolo Pininfarina? Anand Mahindra Mourns Loss Of Auto Mogul

In an emotional post, Anand Mahindra shared the story of how Mahindra Group acquired Paolo Pininfarina's company.

10 Apr 2024 2:43 pm
Automobiles Q4 Results Preview - OEMS Continue To Deliver Robust Growth Performance: Axis Securities

We expect revenue/Ebitda/profit after tax for our OEM coverage universe to grow by ~15%/35%/36% YoY along with ~218bps improvement in Ebitda margin.

10 Apr 2024 9:49 am
Automobile Retail Sales Post Double-Digit Growth In FY24: FADA

The retail sales across segments rose by 10% to 2.45 crore units last fiscal as compared with 2.22 crore units in FY23.

8 Apr 2024 4:36 pm
Nifty, Sensex End At Record Closing Levels As Auto, Realty Stocks Lead: Market Wrap

Both the Nifty and Sensex ended over 0.6% higher on Monday.

8 Apr 2024 4:19 pm
Automakers Q4 Results Preview: Kotak Securities Sees Rise In Revenue, Operating Profit

The brokerage expects revenues of companies under its coverage to rise 14% year-on-year in Q4.

4 Apr 2024 1:26 pm
Auto Wholesales - Estimates Missed On Lower Stock Build-Up In March: Anand Rathi

We expect good volume trajectories for two-wheelers, passenger vehicles due to the wedding /festival seasons and rise in governments pre-election spending

3 Apr 2024 3:15 pm
2 Apr 2024 3:53 pm
2 Apr 2024 3:26 pm
Automotives - Growth Across Segments Moderating; UV Is Still A High-Growth Sub-Segment: ICICI Securities

Tractor wholesales declined ~28%/16% YoY for M&M/Escorts, respectively.

2 Apr 2024 3:23 pm