MRF has come up as the lead earner on the Sensex Auto index.

Auto stocks were in trouble on the BSE for the 3rd consecutive session.

Mahindra & Mahindra has resolved to cut down its capital disbursement for 3 years closing by the month of March 2012 by Rs.500 crore.

Hyundai Motor India, the country’s second biggest car manufacturer has increased the prices of i10, Santro and sedan Accent over all alternatives by high to Rs.14,636 instantly to make up for increase in input price.

India’s largest car maker, Maruti Suzuki India Ltd announced periodical earnings dropped 54.3%, weak forecasts due to high resources costs, lower volumes and poor brunt of currency changes.

Maruti Suzuki presently trades at Rs.518.45, which is low by 19 points from its earlier end of Rs.537.45 on the Sensex.

Maruti Suzuki has planned to hike prices of its high-end vehicles because of higher contribution prices and overseas currency movement.

4.03 lakh shares traded in the counter on BSE. The stock hit a high of Rs.139.75 and a low of Rs.130.10 till now.

Tata Motors had a meeting with its dealers on Thursday in Mumbai to talk about the recompense claimed by 18 dealers, who had put in money in the Singur plant construction and suffered losses due to Nano plant transfer.

Maruti Suzuki India (MSIL), automobile major has no plans to cut its production level; rather it is expected to carry on with its growth plan despite the challenging market conditions.