Sales Figures News
Tata Motors Posts Wider Net Loss Of Rs. 307 Crore in Q2 FY2021
Struggling to recover from the impact of the COVID-19 pandemic, home-grown automaker Tata Motors today released the financial results for the second quarter of Financial Year 2020-21, and the company has posted a wider net loss of Rs. 307 crore, as against the net loss of Rs. 188 crore registered in Q2 FY2020.
Hyundai Motor Swings To Net Loss In Third Quarter As Costs Of Engine Issues Weigh
Oct 26, 2020 06:27 PM
South Korea's Hyundai Motor Co said on Monday it swung to a net loss in the July-September quarter, missing analysts' estimates by a large margin as a charge related to engine issues weighed on earnings.
Maruti Suzuki Baleno Breaches 8 lakh Sales Milestone In Under 5 Years
Oct 26, 2020 05:33 PM
The Maruti Suzuki Baleno has recently crossed the 8 lakh sales milestone in under 5 years. The premium hatchback, which went on sale in India back in October 2015, is claimed to be the fastest car to reach the 8 lakh sales milestone in India, which it did in a record time of 59 months.
Daimler Posts Forecast-Beating Results For Q3 2020 As Demand Rebounds
Oct 26, 2020 06:44 AM
European car registrations rose slightly in September, the first increase this year, industry data showed, suggesting a recovery in the auto sector in some European markets where coronavirus infections were lower.
European Recovery Helps Cushion Renault's Sales
Oct 24, 2020 05:12 PM
Renault's cost-cutting plan is on track and it should have positive cash flow from cars by the end of 2020, the French carmaker said on Friday, as sales recovered from a slump during the first wave of coronavirus lockdowns.
Bajaj Auto Profit Drops 19 Per Cent Y-o-Y In Q2 FY2021; Registers Highest-Ever Volumes For Pulsar &
Oct 22, 2020 08:03 PM
Bajaj Auto posted an 18.84 per cent year-on-year (Y-o-Y) drop in net profit at Rs. 1,138.29 crore for the quarter between July and September this year, while domestic sales recovered thanks a strong turnaround in the first half of the quarter between July and September 2020.
Automakers Hyundai, Kia Warn Of $2.9 Billion Hit To Earnings Over U.S. Quality Woes
Oct 20, 2020 04:17 PM
Hyundai Motor and affiliate Kia Motors warned of another $2.9 billion of provisions related to engine issues, bringing their total hit from the years-long quality problem that has tarnished their credibility to nearly $5 billion.
Mercedes-Benz India Announces Q3 2020 Sales Figures; Retails 2,058 Units
Oct 14, 2020 09:30 PM
The Mercedes-Benz GLC, GLE & GLS remained the key volume players for the company in the SUV space, while C-Class and E-Class in generated volumes in the sedan segment.
Passenger Vehicle Sales Sees 34 Per Cent Decline In H1 FY2021: JATO India
Oct 12, 2020 08:36 PM
The Indian auto industry registered nearly 34 per cent decline in passenger vehicle sales in the first half (H1) of the financial year 2020-21, according to the data shared by automotive insights and analytics provider, JATO Dynamics India.
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