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Deferred tax drags down Honda FY24 profit by 53%

Honda Cars India (HCIL) net profit dropped by 52.8 per cent year-on-year (Y-o-Y) to Rs 661.4 crore in 2023-24 (FY24), primarily due to deferred tax of Rs 359.8 crore, according to the annual......

Sales of Maruti, Hyundai down; TaMo, M&M gain

Passenger vehicle market leaders Maruti Suzuki and Hyundai on Saturday reported a decline in wholesales in December 2021, although homegrown majors Tata Motors and Mahindra & Mahindra reported......

Honda recalls 22,834 units of Accord, City and Jazz

The latest recall will impact models which were manufactured in 2013. Japanese auto major Honda is recalling 22,834 units of Accord, City and Jazz models in India as part of a global exercise to......

Except Maruti, automakers post robust sales growth in Aug

Passenger vehicle majors like Hyundai, Tata Motors, M&M, Toyota Kirloskar and Honda on Wednesday reported growth in domestic sales in August riding on festive sentiments, although market leader......

Shift towards personal mobility boost auto sales

Leading automakers Maruti Suzuki, Hyundai and Tata Motors on Thursday reported robust sales in March as a shift towards personal mobility and pent up demand continued to help companies push......

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