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AUTOMOBILE BACKLOG
Bullish on autos? Siddhartha Khemka picks Maruti Suzuki and Samvardhana MothersonIndia’s auto sector started FY27 on a mixed note, with passenger vehicles and tractors showing resilience while two-wheelers and commercial...- Maruti Suzuki lines up record capex of Rs 14k cr to add capacityMaruti Suzuki plans a record Rs 14,000 crore capital expenditure for FY27. This investment will expand manufacturing capacity to meet risin...
- BlackBerry forecasts upbeat quarterly revenue, says turnaround completeBlackBerry anticipates strong first-quarter revenue, exceeding market expectations. The Canadian software firm's strategic shift is showing...
- Maruti Suzuki to rev up its capacity next fiscal to meet surge in demandMaruti Suzuki is gearing up for a major leap in production, eyeing an additional 500,000 units per year to combat a swelling order backlog ...
- Chip shortage hits issuance of smart driving licences, registration cardsA shortage of semiconductor chips continues to impact issuance of chip-based driving licences and automobile registration cards, to the fru...
- Chip shortage hits issuance of smart driving licences, registration cardsMaharashtra awards tender for smart driving licences to Manipal Tech; many states yet to float tenders for manufacture of these cards
- Maruti, Hyundai see drop in retail sale market share last fiscal: FADAPassenger vehicle leaders Maruti Suzuki India and Hyundai Motor saw their market share dip in FY23 as compared with FY22 as they struggled ...
- Hyundai Motor India to increase production capacity to 8.2 lakh units/yr from June: MD & CEO Unsoo Kim"We see the semiconductor situation is getting better this year. So, we are increasing our production to meet our customers and we are posi...
- Passenger vehicle sales in 2022 set to beat record estimatesIndia's passenger vehicle sales this year are expected to be about a quarter of a million units more than the initial projections that were...
- Carmakers grapple with backlog of 6.5 lakh units as chip shortage hits productionCarmakers grappling with a huge backlog of around 6.5 lakh units, with chip shortage continuing to crimp their manufacturing activities and...
- Buy Mahindra & Mahindra, target price Rs 1164: HDFC SecuritiesMahindra & Mahindra Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 128975.01 Crore) operating in Au...
- Carmakers saddled with backlog of over 7 lakh orders: Economic SurveyWith the delay in supply, the average lead time (the difference between the date of order and actually receiving in the automobile) for the...
- WTO says goods trade slowing due to supply issues, cooler demandThe Geneva-based trade body said supply shocks, including port gridlock arising from surging import demand in the first half of the year an...
- Nissan forms cross-functional 'semiconductor task force' to address chip shortage issueNissan Motor India has backlog orders of 60,000 units of its newly launched compact SUV Magnite.
- Lockdowns likely to affect business in short-term: MRFIn his address to shareholders in the company's annual report for 2020-21, MRF Chairman and Managing Director KM Mammen said the company is...
- Auto retail shows signs of recovery in June, industry expects further improvement in JulyRegistrations of passenger vehicles (PV) and two-wheelers were up 43% and 17%, year-on-year. Commercial vehicle (CV) registrations were up ...
- Auto dealers expect demand to fall further amid local curbsSeveral dealers ET spoke to said walk-ins in markets that were open had also dropped by 35% in the passenger vehicle segment and 75% in two...
- Four-pronged plan to deal with Suez Canal blockage, says Indian governmentThis route is used for Indian exports/imports worth $200 billion to/from North America, South America and Europe and includes petroleum goo...
- Bosch sees auto on a slow road to recovery, faces valuation pressureThis gloomy outlook which the company shared with investors after declaring its March quarter results could weigh on its valuations.
- Diversified Maruti is a better bet than Eicher for investorsFactors seem to indicate that Maruti now offers a better risk-reward ratio than Eicher.
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