Latest News Updates from Indian Automobile Industry

Sensex falls 104 points; automobile stocks hit (Lead)

Mumbai, April 11 A benchmark index of the Indian stock markets closed Friday's trade down 104.54 points or 0.45 percent on profit-booking. Automobile, capital goods and oil and gas stocks fell.

Sensex ends flat; automobile, capital goods down (Lead)

Mumbai, March 12 A benchmark index of Indian equities markets closed Wednesday's trade flat, ahead of inflation and industrial output data.

Petrol hiked by 60 paise/litre, diesel by 50 paise (Lead)

New Delhi, Feb 28 Petrol price was raised Friday by 60 paise a litre, minus taxes, while the diesel rate was hiked by 50 paise per litre. The revised prices will take effect from midnight, it was announced.

Duty cuts positive for automobile sector: Analyst

Chennai, Feb 17 Finance Minister P. Chidambaram's decision to reduce excise duty on many vehicle segments is positive for two- and four-wheeler makers, said an analyst.

Excise duty on automobile segments cut

New Delhi, Feb 17 Finance Minister P. Chidambaram Monday reduced excise duty on many segments of the automobile industry which has seen a recent downturn due to high fuel and interest costs and low economic growth.

Automobile sales down in March (Roundup)

New Delhi/Chennai, April 1 Automobile manufacturers Tuesday reported a decline in March sales due to prevailing economic slowdown coupled with high fuel and interest costs.

Automobile sales down in February (Roundup)

New Delhi, March 1 Automobile manufacturers reported sluggish sales in February due to a slowing economy that is plagued by high fuel and interest costs.

Petrol, diesel prices hiked

New Delhi, Feb 28 The Petrol price was raised Friday by 60 paise a litre, minus taxes, while the diesel rate was hiked by 50 paise per litre.

Automobile industry welcomes excise duty cut

New Delhi, Feb 17 Indian automobile industry Monday welcomed Finance Minister P. Chidambaram's move to cut excise duty on several product types of the sector.

Sensex closes in positive territory; automobile stocks gain (Lead)

Mumbai, Feb 11 A benchmark index of the Indian equities markets closed Tuesday's trade 29 points up as automobile and information technology (IT) stocks gained.

 
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