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2 mins read

Mahindra Q1 net profit rises 20% at Rs 3,283 crore; revenue at Rs 37,218 crore

The company said it recorded the highest-ever Q1 volumes at around 2.12 lakh units, an increase of …

PTI   


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3 mins read

Auto Industry sales to surge on the back of improved monsoon, festive season demands: Report

The domestic passenger vehicle industry volumes declined by low single digit in August 2024 as comp…

ANI   


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1 min read

Auto sector poised for robust growth in July 2024 with double-digit surge in two-wheeler sales: Anand Rathi report

The surge is attributed to solid retail demand, estimated at approximately 15 per cent y/y, strateg…

ANI   


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4 mins read

Tractor sales stutter in January as two-wheelers zoom ahead

Indians kept up with their love for cars and bikes in the month of January, but tractor sales showe…

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7 mins read

Tractors & commercial vehicles drive auto sales in February but El Niño threat looms large

Tractors and commercial vehicles drove the sales of the Indian auto sector in February, even as pas…

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1 min read

Tractor industry sales down to 59,586 units in July 2022

The Indian tractor industry sold 59,586 units last month down from 80,980 units sold during July 20…

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6 mins read

Tractors and better cars drive M&M’s Q1 net profit but the future is electric

Mahindra & Mahindra, India’s leading tractor and automobile company, on Friday reported more than a…

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1 min read

Wholesale growth expected to continue for tractors, passenger vehicles and two-wheelers, says equity research firm Emkay

As per its sectoral update, channel checks indicate better retail sales for tractors and PVs, wh…

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5 mins read

Escorts earnings only show that calling a rural recovery right now would be pompous⁠— all eyes will now be on M&M

The 16% rally in India’s benchmark stock index Sensex since May-end relied heavily on the supposed …

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3 mins read

Mahindra’s margin improves led by record growth in tractors in the second quarter — profit declines 3%

Meanwhile, revenue rose 6% to ₹11,590 crore in the quarter under review. The silver lining is th…

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2 mins read

Lockdown: Mahindra counts loss of 87k vehicles, 30k tractors in Q1

On sales outlook, it said the company expects tractor demand to show good improvement due to severa…

PTI   


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1 min read

Polaris launches Sportsman 570 tractor at introductory price of Rs 7.99 lakh

"We have not been able to get into the agri segment here in India due to the lack of a road-legal …

PTI   


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4 mins read

Strong tractor sales may cushion M&M’s revenue but profit is likely to remain under pressure, say analysts

One of India’s largest automakers, Mahindra and Mahindra (M&M), witnessed a gradual sales recov…

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4 mins read

Amazon's brand-new tractors have hit the road as the mega-retailer continues to threaten the trucking industry

Amazon has signaled its interest in becoming a logistics giant. In the span of several years, the r…

Rachel Premack   


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1 min read

Shares of Escorts Ltd. snapped a 4-day winning streak

Escorts Ltd, a mid-sized tractor maker, snapped a 4-day winning streak on Tuesday after it announce…

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2 mins read

Festive season to drive over 15% growth in Indian Automobile Market, says report

The Indian automobile market will experience a significant surge of over 15 per cent growth during …

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2 mins read

America's freight recession is showing no signs of ending

A recent negative ratings downgrade by S&P is just the latest sign that the freight industry is sti…

Filip De Mott   


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2 mins read

Mahindra Q2 2023-24 PAT up 6% at Rs 2,348 cr

Revenue grew 15 per cent year-on-year to Rs 34,436 crore in the second quarter this fiscal, it …

PTI   


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3 mins read

India’s auto sales to ride on two wheels in 2024

Two wheeler sales are expected to see double digit growth for the next two years, outpacing passeng…

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2 mins read

Ashok Leyland PAT nearly triples to Rs 561 cr in September quarter

Commercial vehicle maker Ashok Leyland on Thursday said its profit after tax nearly tripled to Rs 5…

PTI