Oem News

Markets

Auto Sector Q2 Review: OEMs struggle, 2W demand supports ancillaries; tyre profitability hit by RM costs

In Q2FY25, OEMs experienced limited growth due to declines in CV and PV sales. Tyre firms struggled with margins amid rising rubber costs, but diversified auto ancillaries showed robust earnings.

3 min read22 Nov 2024
Markets

Ambit sees 11.5% downside in Ola Electric Mobility as stock falls 28% from peak, reiterates ‘sell’ call—key reasons why

Ola Electric's stock has faced challenges post its August debut, dropping over 28 percent from its peak. Ambit initiated a 'sell' rating, citing competition and financial losses as key concerns. Despite growth prospects, market share is expected to decline, raising investor apprehensions.

3 min read12 Sep 2024
Markets

Auto ancillary vs OEMs: Which industry is better for investment? Here's what Motilal Oswal says

Motilal Oswal foresees significant long-term growth opportunities for the Indian auto component industry, driven by global OEMs' supply chain diversification strategies and supportive government policies like 'Make in India'. The industry is expected to invest $6.5–7.0 billion over the next 5 years.

4 min read17 May 2024
Auto News

Startups look to outpace OEMs in India’s electric vehicle space

Startups are betting on their advantages of nimbleness and adaptability to edge past conventional manufacturersThe domestic EV industry’s size stood at 129,600 units in FY19, including 126,000 electric two-wheelers and 3,600 electric four-wheelers

5 min read5 Feb 2020
Markets

Auto sales slump drags fortunes of auto parts makers downhill

The after-market demand for components, which accounts for 18% of the industry turnover, has also slowedAutomobile exports from OEMs were up by a paltry 1% year-on-year in the first six months of FY20

1 min read17 Oct 2019
Auto News

Auto  sector  to  gain from tax cut, says ICRA

Given current weak demand conditions, OEMs are expected to pass on some benefits of the tax revision to end consumersThe reduction in corporate tax will also help improve the cash flow of manufacturers

1 min read23 Sep 2019
Auto News

Slump in auto aftermarket, exports to bring more stress for component makers, says report

Demand for spare parts in the aftermarket has also slowed downThe auto component exports grew 17% in FY19 to ₹106,048 crore

2 min read18 Sep 2019
Auto News

Auto sector applies brakes on new hiring, stares at downsizing

Slipping demand has forced the OEMs to curtail productionThe auto sector supports almost 37 million direct and indirect jobs

2 min read3 Jul 2019
Markets

Amara Raja’s margins rise but not enough to power the stock

A year ago, the one-year forward P-E multiple was about 25 times, it has now shrunk to about 17 times forward earningsAnalysts attribute the margin enhancement to lower lead prices

1 min read19 May 2019
Auto

White the most preferred car colour in India in 2018: Report

According to the 'BASF Color Report for Automotive OEM Coatings' by BASF's Coatings Division, the other two most popular car colours last year were grey and silver with each finding preferences of 15 per cent of buyers.

1 min read15 Jan 2019

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