If the current geopolitical situation persists that results in supply chain disruptions and firm commodity prices, CLSA expects 30-40 per cent cuts to auto sector's FY27 earnings.

During the first Covid wave, over a 40-day period, Indian auto OEMs generally corrected in a range of 30-45 per cent, driven by fears of prolonged demand and production disruption, CLSA said.

Group 44 founder helped shape SCCA, Trans-Am, and IMSA with innovation, style, and Jaguar success ...

Sectorally, the Nifty Auto index was among the worst hit. It fell 859.20 points, or 3.36 per cent, to 24,739.65. The index opened at 25,078.80 and continued to slide, reflecting broad-based weakness ...

PT United Tractors Tbk, together with its subsidiaries, provides coal mining services in Indonesia. The company operates in five segments: Construction Machinery, Mining Contracting, Thermal and ...

KCB Bank Kenya has announced a public auction of repossessed vehicles featuring a Toyota Land Cruiser Prado, Mitsubishi and several other popular models.

Shares of automobile companies have come under pressure in recent weeks, with the Nifty Auto falling sharply amid global uncertainty and margin concerns. The index has declined more than 15 per cent ...

DETROIT -- Jim Leyland loves to tell the story of how he would drive around his hometown of Perrysburg, Ohio, in the summer in his old Studebaker with the windows rolled up to make his friends and ...