Maruti Suzuki to soon face K-drama on D-Street

Maruti  Suzuki to soon face K-drama on D-Street

Mumbai: Maruti Suzuki‘s continued dominance on Dalal Street as investors’ most preferred domestic automobile maker faces challenges with rival Hyundai Motor preparing for a debut on Indian bourses. The South Korean car maker‘s listing in the country could weigh on the premium valuations that Maruti’s shares enjoyed over other auto companies so far, said fund … Read more

Auto sales decline from a year ago as Covid-19 hurts; tractors buck the trend

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Mumbai: Automakers reported disappointing sales figures for the month of July in all segments barring tractors compared to year-ago on account of Covid-19 induced lockdowns. However, the numbers improved on a sequential basis and the recovery is expected to be gradual. Apart from demand issues, supply-side pressures are also weighing on auto companies in light … Read more