Kumar Rakesh, Associate Director, Equity Research, BNP Paribas says one should expect a much weaker set of auto sales numbers in September as half of the month came under the inauspicious Pitru Paksha where new purchases are nor made. Within that, the passenger vehicle industry has been moving towards low single-digit, flattish, sort of a … Read more
Alexander Morris, the lead singer of renowned Motown group the Four Tops, filed a lawsuit against a Michigan hospital on Monday, alleging that staff racially discriminated against him, physically restrained him for over an hour and denied him proper health care. Morris went to Ascension Macomb-Oakland Hospital on April 7 because he was having chest … Read more
New Delhi: Carmakers are offering the best deals seen in the past five years on small cars, sedans and slow-moving SUVs to reduce dealer inventory that has ballooned after the recent festive season. Several dealers and industry executives ET spoke to said discounts on vehicles have increased by 25-50% over the same period last year, … Read more
