Car sales up 11% in July, bike down 17%
Domestic motorcycle sales during the month was at 3,75,004 units as against 4,53,152 units in July 2006, down by 17.25 per cent.Toyota's profit jumps 32% for a quater
Toyota, on track to beat General Motors as the world's biggest automaker this year, said its April-June profit jumped 32.3 per cent to a record high for a quarter, lifted by strong overseas sales and a weaker yen.
Geometric plans automotive electronics buy
Software firm Geometric Software Solutions Co. Ltd. is eyeing an acquisition in the automotive electronic services segment, at a deal size ranging between $10-25 million, a top official said. Bajaj Auto plans new 10 bn rupees plant
India's second-ranked motorbike maker, Bajaj Auto Ltd, plans to invest 10 billion rupees in a new plant in Uttarakhand, a business daily said on Thursday, quoting sources.
GM July car sales up 87 pc
General Motors India reported a 87 pc increase in domestic sales during July at 4,570 units against 2,450 units in the same month last year.
Bajaj July bike sales down 7 pc
India's second largest two-wheeler maker Bajaj Auto reported a seven per cent dip in its motorcycle sales in July at 1,59,881 units against 1,71,115 units in the same month a year ago.
Maruti July sales up 25 per cent yr/yr
India's biggest car maker, Maruti Udyog Ltd, said it sold 57,909 vehicles in July, up 25 per cent from 46,408 vehicles sold in the same month last year.
Tata Motors Q1 net profit up 22%
Tata Motors Ltd, reported its June quarter standalone net profit rose 22%, as cost-cutting and strong sales of its light trucks and passenger vehicles helped offset higher raw material costs. Mahindra Q2 net down 6.4%, shares fall
Mahindra & Mahindra Ltd., top utility vehicle and tractor maker, on Monday reported a surprising 6.4 percent fall in quarterly net profit, sending its shares down by nearly 3 percent on the day. Maruti profit rises 35%, shares jump
Maruti Udyog Ltd reported a higher-than-expected 35 pc rise in quarterly net profit, boosting its shares by nearly 6 pc.
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