The latest Chetak breaks cover at a time when rivals Ola Electric Mobility and Honda Motorcycle and Scooter India launched scooters aimed at the gig worker.

Already various carmakers including Maruti Suzuki, Hyundai and Tata Motors have announced price hikes from January.

Honeywell will help boost operational efficiency and enhance safety for one of Indias first gigafactories to manufacture lithium-ion battery cells.

Road accident death rate in the country is around 250 per 10,000 km as opposed to 119 in China, 57 in the US, and 11 in Australia, he added.

The second edition of the expo, scheduled for Jan. 17- 22, 2025, will see the exhibition area double to 200,000 square meters, said an official of the Engineering Export Promotion Council (EEPC).

The sector is also saddled with inventory backlogs and weak demand due to subdued discretionary spending.

Bajaj Auto clarified inaccuracies in a report by UBS regarding price cuts on the recently launched Freedom 125.

UBS has retained a 'sell' rating on Bajaj Auto with a target price of Rs 7,900 per share, indicating a downside of 12% from current price.

Vaishali Parekh, vice president of technical research at Prabhudas Lilladher Pvt. and Shahina Mukadam, managing partner at Valuewise Investor Relations LLP answer these queries and more.

Manoj's strategic acumen and commitment to excellence will undoubtedly propel us to new heights, said Arvind Goel, Chairman, Tata AutoComp Systems Ltd.

The Indian auto sector continues to recover, with notable gains in passenger vehicles, particularly SUVs, and in exports across most segments.

NDTV Profit Podcast: From November Auto Sales figures to Donald Trump's tariff threat to the BRICS grouping, here is everything you need to know to start the new week ahead of the curve.

Indian automakers are declaring their monthly sales data for November 2024. Here's a look at which automaker sold how much in the month gone by. Escorts Tractor Sales Slump Nearly 10% In November Total sales of Escorts Kubota Ltd. fell in November due to a shift of major festive days to October this year. The Faridabad-based company sold 8,730 tractors last month as against 9,503 tractors in the year-ago period---a decline of 9.4%, according to an exchange filing on Sunday. Domestic sales fell 8

Certain automakers are expected to show growth in November despite a split Diwali period this year.

A stable economic backdrop, advancing penetration of retail finance, and decent monsoon have contributed to positive sales, Bajaj Auto Executive Director Rakesh Sharma said.

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Maruti reported a 32% fall in sales in November compared to last year, while Tata Motors has been another underperformer, with sales falling 40% year-on-year during the month.

The brokerage prefers Ola Electric over Bajaj Auto and TVS Motor. However, Eicher Motors and Hero MotoCorp remain the top picks for Citi.

Brokerages' top picks: TVS Motors, M&M among OEMs and Samvardhan Motherson International and Endurance Technologies among ancillaries.

Maruti Suzuki is Motilal Oswal's top pick among auto OEMs as it continues to be a play on the rural recovery with attractive valuation.

Stay tuned for the latest on Indian stock market. GIFT Nifty was trading 78 points or 0.3% lower at 23,575.50 as of 7:21 a.m.

Overall, however, festive auto retail sales fell short of industry expectations due to unseasonal heavy rains in South India and a cyclone in the east, FADA says.

The narrative of tax cuts, deregulation and an engine-friendly White House papers over the damage from a U-turn on EV policy.

The near-term outlook for the commercial vehicle industry remains cautious; however, increased government infra spending is expected to benefit the sector in the long term, says the brokerage.

There are now questions on whether the festive demand will sustain for the rest of the year, even as a model year change necessitates continued discounts.

This exit from April-October creates confidence for next six months, said Bajaj Auto Executive Director Rakesh Sharma.

Bajaj Auto share price fell as much as 4.81% to Rs 9,401 apiece.

Here are all the top calls from analysts that you need to know about on Monday.

NDTV Profit Podcast: From US market updates to the upcoming Swiggy IPO, well bring you up to speed with everything you need to know to start your week ahead of the curve.

Sales in October received a boost due to the festive season and many automakers reported record monthly sales.

Here's a look at which automaker sold how much in the month gone by.

The October sales outlook for the Indian auto sector reveals potential growth led by Eicher Motors and Hero MotoCorp, with increased inventory in anticipation of the festive season demand.

Toyota, NTT plan to jointly invest $3.3 billion between now and 2030, executives said in a news briefing on Thursday.

ASK Automotive's units in Rajasthan's Karoli and the upcoming one in Bengaluru will help maintain margins and boost near-term revenue, said Chairman Kuldip Singh Rathee.

Honeywell Automation India share price declined 9.12% to Rs 44,500.00 apiece, the lowest level since May 10.

Total income during the quarter under review increased 22.2% to Rs 976 crore from Rs 798 crore in the corresponding quarter of FY 24, the company said.

The NSE Nifty Auto index declined 2.77% to 23,300.25, the lowest level since June 5.

CarTrade reported a 34.1% sequential jump in its net profit to Rs 30.7 crore in the second quarter of the current financial year.

The company will continue to improve efficiencies in the coming years, says the brokerage.

The Ebitda margin contracted 40 basis points to 15.5% in the September quarter.

Organisations can deploy the AI agent without needing to code or train models.

The traffic police informed that legal actions have been initiated against the auto rickshaw drivers involved in the tampering of the meter.

Hyundai's market valuation stood at Rs 1,47,914.98 crore at the close of trade on the BSE.

The partnership will offer enterprise-wide insights in various use cases with the aim of reducing maintenance costs, increasing operational productivity and upskilling employees.

Qualified institutional investors subscribed 75.6% of the Hyundai Motor India IPO against the allocated 50%.

The stock is being re-rated from an underperformer in the past to an outperformer as has started gaining market share domestically, says the brokerage.

According to Bajaj Auto, growth in Indias two-wheeler industry may ease to 5% from 58% predicted earlier on muted festive demand. Analysts believe otherwise.

Nuvama anticipates a 20% contribution from EVs and CNG for Bajaj Auto's overall sales volumes.

At close, Nifty fell 0.89% or 221.45 points to 24749.8 and Sensex ended 0.6% or 494.75 points lower at 81006.61.

So far today, the Nifty 50 fell 0.81% to 24,769.95, and the Sensex declined 0.62% to 80,998.12.