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Tata Motors sales surge: can it be the next Maruti on D Street?

Tata Motors is targeting its best sales performance of five years in passenger vehicles this fiscal year, component suppliers and company executives said, with new models Nexon, Tiago and Hexa driving the optimism at the automaker that is under pressure to deliver on profitability.

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Omax Autos fires workers for ‘unprofessional approach’

Omax Autos fires workers for ‘unprofessional approach’

Two-wheeler frames manufacturer Omax Autos has hit back at the sacked workers, claiming the company suffered huge losses due to their “unprofessional approach” and the termination of their services through the respective contractors had nothing to do with demonetisation.

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Car buyer-taxpayer ratio props ‘widen tax net’ call

Finance minister Arun Jaitley’s reference to the mismatch between rising car sales, large number of Indians travelling abroad and the paltry total of high income taxpayers was crafted to boost public support for digitalisation and a wider tax net.

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Auto loan repayments facing problems

Auto loan repayments facing problems

Demonetisation appears to have hurt India's auto loan repayments badly as borrowers of such loans being the worst-hit, rating agency Fitch said in a report. Small auto loan borrowers have been affected the most.

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India on track to become 2nd largest two-wheeler market for Yamaha

India on track to become 2nd largest two-wheeler market for Yamaha

The Indian arm of Japanese two-wheeler manufacturer Yamaha Motor aims to sell over 1 million units in the country in 2017. The company also said that India has the potential and is on track to be the second largest two-wheeler market for Yamaha after Indonesia by the end of 2017 if things go as per plan.