Eicher Motors for its consolidated business has reported best ever total income from operations at Rs 2275 crores, and best ever EBIT at 10.9% in Q3 2014.
TVS Motor Company has reported 35% revenue growth for the quarter ended September 2014. Total revenue stood at Rs. 1,988.4 crores down from Rs. 2,683.1 crores in the quarter (July-Sep) under review.
Amara Raja Batteries Limited(BSE:500008 & NSE Code: AMARAJABAT) reported net sales (excluding other income) of Rs. 1060 crore in Q2 FY15 (Rs. 805 crore), equating to 32% growth.
Indian auto industry production stood at 1,991,669 vehicles (passenger vehicles, commercial vehicles, three wheelers and two wheelers) in October 2014 down from 2,088,003 in October 2013 equating to 4.61% decline.
Month of October saw Maruti Suzuki and Hyundai lead the sales charts once again. Of the top 10 cars sold last month, 9 belong to them.
The all-new Audi A3 sedan, which was launched in India on 7th August this year for a starting price of Rs 22.95 lakhs, has been in great demand, reveals the manufacturer.
Nissan in India has been reporting positive sales through 2014, but has reported 15.86% sales decline in October 2014. Festive season sales stood at 4,106 units over 4,880 units sold in October 2013.
General Motors India has sold 4,263 vehicles in October 2014 down from 7,715 units sold in Oct 2013, equating to 44.74% decline. Chevrolet India sales numbers also include 160 units exported to Chile.