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Hero MotoCorp Bitten By Demonetization Bug, Sales Down 34% or 1.7 Lakh Units

Observing a week-long scheduled production holiday, Hero MotoCorp shut its Neemrana, Haridwar and Gurgaon plants while keeping the Dharuhera plant open. The ...
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TVS Motors Sales Fall By 17,120 Units, Both Domestic & Export Sales Take A Beating

The Chennai based 2 & 3 wheeler manufacturer ended 2016 on a very happy note as it was granted an Indian patent for automatic hybrid transmission (AHT) ...
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Renault India Clocks In Sales Growth At 9.2%, Plans To Launch One New Product Every Year

Celebrating sales of over 110,000 units of the KWID since October, 2015 – Renault has launched a lucky draw scheme to hand over 1 car a day of the 27 to the ...
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Mahindra & Mahindra Overall Sales Contracts 4.1%, Attributes Fall To Reduced & Postponed Purchase Decisions

Going for the discounting strategy to bring back sales, M&M offered as high as Rs. 2.71 lakhs per vehicle. While the company did not disclose the ...
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Escorts Agri Machinery Export Jump 500%, Overall Sales Volume At 3,187 Units

Escorts reported sales of 3,187 units in December, 2016 against 2,751 units during the same time last year resulting in a growth of 15.8%. Domestic ...
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Ashok Leyland Overall Sales Contracts 11.7%, Light Commercial Vehicle Sales Fall 21%

AL’s Electric bus with a higher ground clearance and larger in size was able to successfully complete the trial run on Manali-Rohtang highway. This comes at ...
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Bajaj Auto Sales At 33 Month Low, Rural Demand Down 20% In Addition To Fall In Collections

Bajaj launched the Dominar 400 on 15th December to take on the market share held in the 1-2 lakh category by Royal Enfield. While the delivery of the Dominar ...
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Toyota India Overall Sales Growth At 30%, Demonetization Impact To Remain Until March 2017

While most auto majors have gone the discounting way to tide the demonetization issue, Toyota has gone the other way and hiked prices of its locally made ...
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Royal Enfield Reports Overall Sales Growth At 42%, Exports Double To 1082 Units

Increasing its focus in the international markets, RE inaugurated its first exclusive brand store in Melbourne, Australia. The store will house RE’s ...
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Chart: The Nifty P/E Ratio Is Still Too High For Comfort

The Nifty has fallen a little – about 8% off in two months. But, in general, the valuations still remain rich. Using standalone price to earnings ratios, ...
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