Ashok Leyland net in 2011-12 down by 10 pc
SME Times News Bureau | 15 May, 2012
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| Hit by higher finance cost, increased depreciation and a muted market in its southern strongholds, Hinduja group's flagship company Ashok Leyland posted around 10 percent reduction in net profits last fiscal though overall sales went up by 15 percent, said a top company official.. |
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Yamaha to set up a new two-wheeler plant in Tamil Nadu
SME Times News Bureau | 14 May, 2012
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| Two-wheeler maker Yamaha Motor India Monday announced to open a new two-wheeler factory in Tamil Nadu after signing a Memorandum of Understanding (MoU) with the government of Tamil Nadu today approving the construction and operation of a new two-wheeler factory in the state. . |
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Car sales hit by high interest rate, fuel prices
SME Times News Bureau | 11 May, 2012
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| Domestic passenger car sales in India increased by only 3.40 percent in April and stood at 168,351 units from 162,813 units sold in the like period of 2011, according to data furnished by an industry body Thursday.. |
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Fiat to expand presence in Indian market
SME Times News Bureau | 10 May, 2012
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| Italian car maker Fiat plans to increase its presence in India with a network of dedicated dealers and is also looking at introducing more brands from its global portfolio.. |
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CEAT reports Rs. 41.5 cr net profit in Q4
SME Times News Bureau | 09 May, 2012
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| The leading tyre manufacturer, CEAT, an RPG Group company, has announced clocking a net profit of Rs. 41.5 crore for the quarter which ended March 31, 2012, against a loss of Rs. 11.8 crore during the same period last year.
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Auto component firm - Bosch Q1 net up 23 pc
SME Times News Bureau | 08 May, 2012
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| Leading automotive and industrial components firm Bosch Ltd reported net profit of Rs.336 crore for the first January-March first quarter of 2012, registering a 23 percent increase year-on-year (YoY) over like period of 2011 at Rs.274 crore.. |
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Audi launches new A4 model
SME Times News Bureau | 03 May, 2012
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| German luxury car manufacturer Audi Thursday launched a new version of its A4 model in the country. It encompasses several new features, including 10 percent improved fuel efficiency, an official said in Mumbai.
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Hero MotoCorp's fourth quarter net up 20 pc
SME Times News Bureau | 03 May, 2012
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| Hero MotoCorp, the world's largest two-wheeler maker, Wednesday reported a 20.33 percent rise in net profit for the fourth quarter of fiscal 2011-12 at Rs.603.59 crore from Rs.501.61 crore for the quarter that ended March 31, 2011.
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Auto sales steady in April
SME Times News Bureau | 02 May, 2012
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| Indian automobile manufacturers Tuesday reported a steady sales growth in April. Exports, however, slowed down a bit during the month.. |
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