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AUTO INDUSTRY SLUMP
ET Prime Special Series: Multibagger or IBC - Part 62: This quiet auto ancillary now earns in 3 months what it once earned in a yearThe stock has multiplied many times over in just a few years, the order book has never been bigger, and the value packed into every vehicle...
China's May retail sales fall for first time in over three yearsChina's economy shows a worrying split in May. While factories are humming with strong exports, consumer spending took a hit, with retail s...
Nifty earnings growth slashed to 8.5% from 14%; no comfort in valuations still: Amish ShahBofA Securities warns Indian equities face rich valuations and halved earnings growth outlook, projecting market gains to mirror profit exp...
Want to jump into the 'China is back' rally? Tread carefullyInvestors are increasingly betting that “China is back” as the economy rebounds from years of deflation, helped by strong manufacturing, ex...
Oil shock will hit Asia harder than the 1970sAsia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. This ...
West Asia crisis: Engineering exports dip 66.8% to UAE; 45% to Saudi Arabia in MarchIndian engineering exports to the UAE and Saudi Arabia saw significant drops in March. This decline was attributed to the West Asia crisis ...
Auto scrips skid up to 27% in 3 months. Check Q4 expectations and 13 stocks to buyAuto stocks have seen a significant drop of up to 27% in the last three months. This decline comes despite healthy vehicle demand. Investor...
Tata Motors Passenger Vehicles sales up 29 pc at 66,971 units in MarchTata Motors Passenger Vehicles Ltd saw a significant 29 percent jump in March 2026 sales. The company achieved its highest annual sales vol...
European shares hit two-week low as automakers decline on Trump's tariff plansDeclines in auto stocks pushed European shares to a two-week low on Thursday after U.S. President Donald Trump announced plans to slap 25% ...
Don't see any case for investment in auto sector now: SIAM president Rajan WadheraAmong the casualties of the current situation will be electric vehicles, where companies are no longer in a position to invest in the new t...
Bosch to cut thousands of jobs in India as auto sales slumpIn India, Bosch expects auto sales to only recover in the next two-three years after plummeting in 2019 because of regulatory changes, thre...
Auto stocks swing higher as Gadkari bats for auto GST cut, promises no ban on petrol and diesel carsGadkari said the ministry was also mulling if certain sops can be given for auto exports.
7% drop in sales not a crisis, we shouldn't play with lives of employees by talking about job cut: Rajiv BajajBefore asking for help, Bajaj said the industry needs to ask itself if it's done enough to compete globally.
GST rate cut can help revive growth in auto industry: HyundaiThe previous biggest decline across overall domestic automobile sales was recorded in December 2000 when it fell 21.81 per cent.
Section of Ashok Leyland employees resort to 'sit-in strike'The employees decided to go ahead with their strike as the management allegedly did not accept their demand at a recent meeting.
Slowdown in auto industry has impacted steel sector: Tata Steel CEOThe demand for steel in India has to pick up and that depends a lot on construction and automobile sectors, he added.
Auto industry seeks stimulus package from governmentIndustry execs said footfalls at dealerships have started to decline, suggesting weak consumer sentiment.
Mahindra SOS: Cut taxes or rollback cess as auto gloom deepensMahindra said that a welcome first aid would be temporary relief on the GST front or rollback of cess.
Maruti cuts vehicle production by 18 per cent in MayThe car market leader produced a total of 1,51,188 units in May, including Super Carry LCV, down 18.1 per cent from 1,84,612 units in the y...
- Ford mulls sale of Sweden-based Volvo
Ailing US automaker Ford said Monday it would consider selling its Sweden-based subsidiary Volvo.