Archive for February 1st, 2008
Bajaj Auto to dip into kitty for new rollouts
0 Comments Published February 1st, 2008 in Bajaj auto.
Bajaj Auto may look at dipping into reserves to fund its aggressive expansion and diversification plans. The two and three-wheeler major is negotiating with Nissan-Renault for a foray into ultra low-cost cars and developing light pick-up trucks on its own and forging partnerships and deals for high-end bike companies overseas. Read more
Courtesy:economictimes.indiatimes.com
Buoyed by lower promotion, marketing and raw material costs, Hero Honda Motors Ltd on Thursday posted a 32 per cent rise in net profit at Rs 275.01 crore for the quarter ended December 31, 2007.
The company?s total income grew 3.5 per cent to Rs 2,795.17 crore for the quarter under review, the company informed the […]
Maruti Suzuki registers 4% growth in January vehicle sales
0 Comments Published February 1st, 2008 in Maruti Suzuki.
Maruti Suzuki announced 4 per cent growth in auto sales in January 2008 at 68,107 units as against 65,341 units in the same month last year.
The company’s exports jumped 50 per cent to 4,648 units from 3,039 units in the same period a year ago. Read more
Courtesy:economictimes.indiatimes.com
Tata Motors on Thursday reported a 2.8 per cent drop in its third quarter stand-alone net profit, as high borrowing costs curtailed demand for vehicles.
Its profit during the quarter dipped to Rs 499 crore from Rs 513 crore in the year ago period. Other factors that pulled down the vehicle maker?s profits included high input […]