To align with retail calls for, passenger car (PV) producers, in August, reported a decline in wholesale dispatches to sellers. This decline was constant throughout main automobile makers reminiscent of Maruti Suzuki India (MSIL), Hyundai Motor India (HMIL) and Tata Motors, all of whom alter their dispatches to handle stock ranges. As an illustration, MSIL … Read more
In a setback to corporations like Hyundai Motor India (HMIL), Mahindra & Mahindra (M&M), Tata Motors and Kia India, the Uttar Pradesh (UP) authorities has instructed them that there shall be no change within the present coverage and each electrical autos (EVs) and powerful hybrids will proceed to have zero registration value within the State. … Read more
The home passenger car (PV) wholesale (dispatches to sellers) in July noticed main firms together with Maruti Suzuki India (MSIL), Hyundai Motor India (HMIL) and Tata Motors reporting damaging gross sales as in comparison with the identical month final 12 months. Market chief MSIL’s home gross sales declined by round 10 per cent year-on-year to … Read more
Auto behemoth Hyundai Motor India Restricted’s (HMIL) moved a step nearer to an preliminary public providing (IPO) within the Indian market, with the corporate set to file its draft purple herring prospectus (DRHP) with the Securities and Trade Board of India (SEBI) anytime now. Sources near the event informed businessline that the corporate is prepared … Read more