Price hike marginal, comes with price protection on bookings till Jan 18 ’22.
passenger vehicles
Posted inProducts & suppliers
Sona Comstar commissions new manufacturing plant at Manesar
The facility will produce differential assemblies and e-drive modules for global customers
Posted inSectors
Fitch sees India’s auto demand plunging over 20% in FY21
The financial fallout from the pandemic has exacerbated the weak consumer sentiment
Posted inSectors
Some segments of the auto industry show positive growth in production: SIAM
Overall automotive sales down by almost 16%
Posted inSectors
Sona BLW and Comstar merge; new entity to be called Sona Comstar
Blackstone had acquired an almost 100% stake in Comstar and the merger with Sona BLW will enable it to synergise the two acquisitions
Posted inProducts & suppliers
Auto slowdown could hit demand for recycled aluminium products
While usage of primary aluminum grew at a compounded annual rate of 3.5-4% that of recycled aluminum grew at a strong 17-18%, the report said