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Mercedes-Benz announces layoffs, salary cut amid cost-cutting drive

During the 2024 earnings, Mercedes-Benz's earnings slumped by 30 percent and its car division saw a decline of 40 percent

Mercedes-Benz has won the agreement from its work council to offer buyout to employees and halve the planned salary

Suzuki bets big on India, aims to make it global export hub of EVs by 2030

Suzuki has planned to supply products from India to Middle East and African markets.

Suzuki has aimed for 50 percent market share as the market leader in the Indian automobile industry.

TVS Motor launches 2025 edition of TVS Ronin, priced at Rs 1.35 lakh

TVS Ronin 2025 edition

The newly launched edition also has Dual Channel ABS in its mid variant, starting at Rs 1.59 lakh

Tata Motors’ Q3 profit declines 23% to Rs 5,451 crore, revenue up 2.7%

Tata Motors PV and CV posted a 22 percent year-on-year decline in net profit

Tata Motors Q3 FY 25 revenue increased to Rs 113,575 crore in Q3 from Rs 110,577 crore in the corresponding quarter last fiscal

Maruti Suzuki reports 12.6% rise in profit in Q3 FY25; Compact segment sales decline

Maruti Suzuki has announced price hike of its cars due to the rise in input costs and operational expenses

The revenue from operations of Maruti Suzuki increased by 15.5 percent to Rs 36,802 crore versus Rs 31,860 crore in Q3 FY 24

Hyundai Motor’s Q3 profit declines 19% to Rs 1,161 crore due to subdued demand

Hyundai Motor sold 186,408 units of passenger vehicles between October and December 2024

Hyundai Motor has shared a positive outlook on growing EV penetration in India. According to the company, the newly launched Creta Electric will be a game-changer in the EV landscape.

TVS Motor Q3 profit rises 4.2% to Rs 618 crore, revenue up 10%

TVS Motor's operating revenue grew by 10 percent at Rs 9,097 crore in Q3 FY 25

Electric Scooter sales for the quarter ended December 2024 grew by 57 percent at 0.76 lakh units as against 0.48 lakh units in the quarter ended December 2023.

Hyundai Motor India accelerates in SUV market, eyes growth with IPO, EV expansion: COO Tarun Garg

Hyundai's SUVs accounted for 67 percent of the company's sales from January to September 2024.

Hyundai’s SUVs accounted for 67 percent of the company’s sales from January to September 2024

Hyundai Motor India increases ad budget as IPO nears, eyes trusted brand positioning

Hyundai Motor sold 186,408 units of passenger vehicles between October and December 2024

According to the Draft Red Herring Prospectus (DRHP), submitted to the Securities and Exchange Board of India (Sebi) in June this year, Hyundai Motors has spent Rs 677 crore on advertisement and sales promotion on a standalone basis in fiscal year 2023 (FY23)

Royal Enfield posts 77% growth in exports, sells 7,652 bikes in September

Royal Enfield has introduced wire-spoked tubeless wheels for the newly launched Himalayan 450

Domestically, the sales of Royal Enfield surged to 79,326 units in September 2024 as against 74,261 units in the same month last year