VOLVO AUTO INDIA
This ratio will gain importance in the coming months. 5 stocks which fit with bill with an upside potential of up to 42%
There is always the chance of going wrong in the market. So, caution and a long-term perspective should be your mantras. But there are times like now (an economic slowdown coupled with global issues) when thinking before deciding is a must. This is also when value becomes important. Now, most investors ascertain value using the price-to-earning or PE ratio. But, as the market adjusts to the Q3 numbers and prices in Q4, relying on this ratio could lead to more wrong decisions than right. When looking at a long-term investment, it is better to use the lesser-known PEG ratio. It helps you avoid stocks which might appear cheap but actually are not value buys. Again, in sectors that are cyclical in nature, looking at the PE matrix alone may lead to wrong decisions.
China's Ecarx explores US entry, in talks with VW to develop smart cars for Europe, CEO says
Volkswagen is in discussions with Ecarx to incorporate the Chinese company's digital cockpit technologies in Skoda cars sold in Europe. Ecarx, already partnered with VW for markets in Brazil and India, aims to expand to developed markets. This move highlights Western automakers' efforts to utilize Chinese advancements in smart-driving technologies to maintain global market shares.
Stock market woes hit retail sales across sectors
Recent stock market volatility is impacting consumer goods sales, including two-wheelers, luxury cars, and electronics, as many Indians shift their savings to investments. This decline in sales is attributed to negative sentiment around market fluctuations, affecting discretionary purchases and delaying consumption recovery.
Budget 2025: Agri focus, tax relief to create positive momentum for auto sector
The Union Budget's focus on agriculture and tax relief is expected to spur demand in the automobile industry. Industry leaders praise the budget's support for clean tech manufacturing, regulatory reforms, and enhanced capital goods for EV battery production, which will drive growth and innovation in the sector.
Budget 2025: India's tax cut plans will spur consumption, top execs say
India plans to cut personal income tax rates to boost consumption in its economy by increasing disposable income. The budget proposes raising the non-taxable income threshold to 1.28 million rupees, benefiting around 25-30 million taxpayers and potentially stimulating demand for consumer goods, automobiles, and real estate.
Fresh tailwind of higher disposable income: 7 auto stocks with an upside potential of up to 47%
Have the markets bottomed out ? Maybe, maybe not. Now, one of the sectors that sparked the market decline was the auto sector. It was around mid-September that there was debate and discussion about whether the inventory pile-up in the auto sector suggested a slowdown in the economy. And that started the wave of correction. Now, in the past few days, there is a clear trend visible in the market: Good numbers are cheered by the street, and bad numbers are punished. Two auto companies saw a spike in stock prices because their Q3 numbers were better than expected; and one company, whose numbers were below expectation, saw a sharp decline. So, time to keep an eye on the auto sector?
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Union Budget: Major changes that automakers hope to see this Saturday
Budget 2025: Automakers are urging the government to implement merit-based policies for a full range of green technologies and alternative fuels to boost sustainable mobility. They also seek budgetary support for EV infrastructure, scrappage incentives for old vehicles, and measures to increase consumers' disposable income to sustain growth.
MP ideal location for Toyota to setup facility, invest in enhancing youth training: CM Mohan Yadav
Chief Minister Mohan Yadav urged Toyota to invest in Madhya Pradesh, highlighting the state’s investor-friendly policies, skilled workforce, and excellent infrastructure. During a meeting with Toyota's senior leadership, Yadav emphasized Madhya Pradesh’s strategic location and growth prospects for the automobile sector. Toyota expressed interest in exploring trade ties and collaborating on youth technical training.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 26%
When bears go on a rampage, they don’t discriminate. So, on Monday, no matter what sector, what market cap, everything was in the red. But such days have to be seen in context. What happened was caused by a combination of two things: One was a discounting of what was supposed to happen in the US market as it opened for trade on Monday. That, in turn, had to do with the impact of the Chinese “DeepSeek” coming from nowhere and hitting the whole AI trade that was powering the outperformance of select US stocks. Now, a question: Is this decline an opportunity to buy blue chips cheaper than they were six months ago? The answer is yes. So, don’t bother about DeepSeek. Just look at the best stocks as the market dips, and invest with a long-term perspective. Just remember: DeepSeek is not going to make the government change its spending programme on infrastructure or impact the fiscal deficit. Ultimately, that is what matters.
Time to take a calculated risk? 6 auto stocks which can give more than 28% return in 1 year
In October 2024, among other large-cap stocks, some large auto companies also witnessed a wave of selling. The trigger was a slowdown in sales in the middle of the festive season. Given that auto stocks were sitting on big gains, a large number of auto stocks witnessed a sharp correction. But the question to ask is: Was the slowdown in sales and all other headwinds which the sector had witnessed already factored in by the street?
Chola Securities initiates coverage on Tata Technologies, sets target at Rs 1,082 target
Chola Securities emphasized Tata Technologies' strong position in the evolving automotive engineering space. The brokerage highlighted its ability to capitalize on key industry shifts, including the adoption of alternative fuels, stricter emissions standards, and rapid technological advancements, positioning the company as a key player in the sector's ongoing transformation.
Carmakers take a safety path for smooth & seamless drive
Features like telematics, over-the-air software updates, geo-fencing, theft & speed alerts, and remote immobilisation are now available in around 30% of mid-range cars and in over 70% of luxury models, and they play a significant role in car buying decisions, according to data collated by Jato Dynamics .
Volvo, Eicher showcase range of mobility solutions at Auto Expo 2023
VE Commercial Vehicles Limited (VECV) is a joint venture between the Volvo Group and Eicher Motors Limited. In operation since August 2008, the company includes the complete range of Eicher branded trucks and buses, Volvo Buses India, exclusive distribution of Volvo Trucks in India, engine manufacturing and exports for Volvo Group, non-automotive engines, and Eicher component business.
Volvo to raise prices of select car models in India from January 1
Explaining the reason behind the price hike, the company said, "Over the past few years, a volatile forex (foreign exchange) situation, disruption of global supply chains, owing to pandemic induced restrictions and inflationary trends, have led to increased costs of inputs."
Volvo to locally assemble hybrid vehicles in India
The Swedish luxury car maker is also studying how its Indian arm can bring in the company's first electric car, slated for global launch in 2019.
Volvo to assemble most cars in India despite higher duty overhang
The company plans to assemble more than half a dozen of its products here to compete more aggressively with German luxury carmakers.
All-new Volvo XC60 unveiled in India for Rs 55.9 lakh
The new XC60 comes with various advanced safety features including technology to detect pedestrians and cyclists and steer assist.
Volvo mulling launch of BS VI cars in India before April 2020
The company already has Euro-VI compliant vehicles globally but not introduced them in India because there is no BS-VI fuel available yet.
Volvo launches the V90 Cross Country priced at Rs 60 lakh
The V90 will be followed by the launch of XC60 later this year.
Hot wheels: Volvo Cars launch S60 Polestar at Rs 52.5 lakh
The Volvo S60 Polestar is the quickest car from Volvo's stable and can accelerate from 0-100km/hr in just 4.7 seconds.
Volvo eyes partner for assembly plant
Hakan Samuelsson, president of Volvo Cars, told ET exclusively that since the Indian market is growing rapidly, Volvo is looking to set up CKD operations in the country, but is yet to take a final call on the matter.
Volvo plans Hybrid, E-cars to take on German rivals
Launching the new Volvo S 90 last week, Tom Von Bonsdorff, managing director, Volvo Auto India told ET, that he sees hybrid portfolio as a key differentiator.
Volvo to introduce plug-in hybrids, electric vehicles in India
"India will look to launch all the plug-in hybrid variants of the car line portfolio relevant to the market here, which will be launched globally over the next 4-5 years,” said Tom Bonsdorff.
Luxury on wheels: Volvo launches hybrid SUV XC90 T8 Excellence for Rs 1.25 cr
The SUV can be fully charged in 2.5 hours, and can cover a distance of up to 40 km in one go.
Tomas Ernberg, MD, Volvo Auto India shares insights from his first year of work
"The first 100 days gave me the confidence to continue with Volvo Cars. It has now been 7,396 days with the company", he says.
Companies relooking fuel reimbursement policies post hike in prices: Mercer
According to a Mercer survey, around 21% of companies across sectors are considering a revision of their vehicle claims and fuel reimbursement policies.
Volvo to launch Volvo 9400 PX, Volvo 7400 XL and Asia Bus for indian market in mid-price range
Volvo Bus Corp will roll out "Asia Bus" specifically designed and developed out of India to cater to the local needs of emerging markets of Asia.
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