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Total 109 results found. Search for [ hit by lower vehicle sales ]

Results 1 to 21 of 109
BusinessToday.In
New Delhi, December 2, 2019
Bajaj Auto registered a 14 per cent decline in domestic motorcycle sales during November 2019. Motorcycle exports, however, soared 18 per cent during the month


Sumant Banerji
December 1, 2019
The decline in Maruti's sales just when it looked like the worst was over in October, adds to the narrative of a deepening slowdown in the overall Indian economy now inching towards a recession


Sumant Banerji
November 29, 2019
There is lot of conversion happening from diesel to gasoline and to compressed natural gas but still for most of the long-haul applications, diesels are here to stay for a few years


Team BT
New Delhi, November 25, 2019
As the economy goes into a tailspin, jobs across industries are becoming a casualty


Rashmi Pratap
November 13, 2019
Average market cap of BT 500 companies has fallen. Unless corporate earnings grow and performance of mid- and small-caps improves, there seems no recovery in sight.


Sumant Banerji
November 13, 2019
There are numerous reasons for this mess. To begin with, retail prices of petrol and diesel hit record highs in October 2018 due to high international crude oil prices


Sumant Banerji
November 1, 2019
Exports grew by 5.7 per cent during the month while overall sales of Maruti Suzuki India grew by 4.5 per cent at 153,435 units in October


BusinessToday.In
October 24, 2019
On the back of an exceptionally weak demand environment, the company sold a total of 338,317 vehicles during the quarter, lower by 30.2% compared to the same period the previous year


BusinessToday.In
New Delhi, September 17, 2019
BSE auto index fell 3.8 per cent to close at 15,783.39, as against 1.73 per cent decline in the BSE Sensex. Meanwhile, the Nifty Auto index ended at 7,020.75, down 3.83 per cent, as compared to 1.69 per cent fall in Nifty 50 index


BusinessToday.In
September 16, 2019
The hefty discounts come amid an unprecedented slump in the auto sector. Sale of automobiles crashed by 23.5 per cent to 18,21,490 units in August, the worst ever decline in a month on a year-on-year basis since 1997-98


Sumant Banerji
September 9, 2019
Auto sales decline in India by 23.5%: In August 2019, overall sales stood at 18,21,490 units against 23,82,436 units in the same month last year.


Sumant Banerji
September 6, 2019
The automobile industry that accounts for 49 per cent of the country's manufacturing GDP is in the midst of an unprecedented crises with overall sales declining by 14 per cent in this fiscal so far with the passenger vehicle segment posting a near 22 per cent drop


Joe C Mathew
New Delhi, September 2, 2019
The Finance Minister has announced a mini-stimulus package to arrest the economic slowdown. But the economy needs much more than piecemeal solutions


Sumant Banerji
September 1, 2019
Finance Minister Nirmala Sitharaman had on August 23 announced a few measures including 30 per cent depreciation for new vehicles and revoking the ban on purchasing vehicles for the government, to spur a turnaround but many in the industry felt the measures were too little too late.


PTI
New Delhi, September 1, 2019
In the domestic market, M&M sales were down 26 per cent to 33,564 units last month, compared to 45,373 units in August 2018


Sumant Banerji
August 23, 2019
The hike in depreciation benefit will be valid for all vehicles bought between now and March 2020. It is expected to help clear the high inventory build up at dealerships across the country today


BusinessToday.In
August 21, 2019
Tata Motors share price fell 11.51% to Rs 109.55 intra day, a fresh ten-year low, compared to the previous close of Rs 123.80 on BSE.


Sumant Banerji
New Delhi, August 19, 2019
The automobile industry is in the middle of an unprecedented slowdown. With companies beginning to lay off workers, the worst is yet to come


BusinessToday.In
August 8, 2019
Addressing the company's shareholders at its 73rd AGM, Mahindra pitches for short-term measures to catalyse consumption, either by reducing GST or cess rollback, adding this would have a \"benevolent ripple effect\" on the economy


PTI
August 7, 2019
The BSE Sensex slumped 286 points on Wednesday after the RBI slashed the benchmark lending rate but also lowered the growth estimate for the current financial year, underscoring risks to economic revival amid multiple headwinds.


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