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 ...

India, March 11 -- This Auto Ancillary Stock, engaged in manufacturing pistons, piston rings, piston pins, engine valves, EV components, and precision plastic parts for automotive and industrial ...

Ashok Leyland, part of the Hinduja Group, on Thursday said it is expanding its light commercial vehicle (LCV) service and dealer network in Maharashtra and the broader western India region to tap ...