17, Sep, 2019
Auto stocks slide amid dismal August sales; Morgan Stanley overweight on Maruti, Ashok Leyland

Auto

Benchmark indices were down around one percent early on September 3. The Sensex was trading at 37,016 level, down over 300 points, while the Nifty slipped 96 points to trade at 10,927. The Nifty Auto was down over 1 percent, dragged by Tata Motors which shed 2 percent followed by Eicher Motors, […]

Recent reports of Tesla vehicles spontaneously catching fire could make potential customers wary at a time when virtually every automaker is getting ready to roll out battery-based vehicles, industry executives and analysts worry. Tesla said earlier in the week that it’s investigating the most-recent fire and sent out a software update to […]