auto industry

Musician lived in obscurity not knowing he was star abroad


September 11th, 2012 - 6:06 pm ICT by IANS
Chicago, Sep 11 (IANS/EFE) The documentary "Searching for Sugar Man" tells the story of a Mexican-American musician who in the 1970s recorded two albums that did not have much success ... Read more...

Posted in Entertainment |

Slowdown, inflationary pressures affect automobile sales in August (Roundup)


September 1st, 2012 - 9:34 pm ICT by IANS
New Delhi/Chennai, Sep 1 (IANS) Production losses at Maruti Suzuki, high interest rates and rising fuel prices resulted in lower sales for the auto industry in August.Crippled by a lockout ... Read more...

Posted in Business |

M&M; logs 22 percent sales growth in August


September 1st, 2012 - 5:51 pm ICT by IANS
Chennai, Sep 1 (IANS) Automobile major Mahindra & Mahindra Ltd (M&M;) Saturday announced that it has logged 22 percent sales growth in August this year as compared to the same ... Read more...

Posted in Business |

Hindustan Motors reports Rs.35.5 cr loss in Q1


August 13th, 2012 - 11:53 pm ICT by IANS
Kolkata, Aug 13 (IANS) Kolkata-based Hindustan Motors, makers of the iconic Ambassador, Monday reported a loss of Rs.35.49 crore for the quarter ended June 30, 2012, against a net profit ... Read more...

Posted in Business |

Mahindra & Mahindra grows 19 percent in July


August 1st, 2012 - 5:04 pm ICT by IANS
Chennai, Aug 1 (IANS) Utility vehicle major Mahindra & Mahindra Ltd (M&M;) closed July with 19 percent growth in sales selling 47,059 units.In a statement issued Wednesday, M&M; said the ... Read more...

Posted in Business |

China’s auto sales up nearly three percent


July 11th, 2012 - 9:27 pm ICT by IANS
Beijing, July 11 (IANS) China's automobile sales hit 9.6 million units in the first half of 2012, up 2.93 percent year-on-year, the auto industry association said Wednesday.Sales of passenger vehicles ... Read more...

Posted in Business |

China to boost electric car industry


July 10th, 2012 - 11:58 am ICT by IANS
Beijing, July 10 (IANS) China has rolled out a plan to boost its underdeveloped electric vehicle industry, with a goal of making the industry more competitive in the global marketplace, ... Read more...

Posted in Uncategorized |

Toyota Kirloskar, Nissan Motor India sales up in May


June 1st, 2012 - 5:48 pm ICT by IANS
Chennai, June 1 (IANS) Japanese-Indian car joint venture Toyota Kirloskar Motor Pvt. Ltd. continued its good show this fiscal by selling 15,501 units last month, up from 7,470 units sold ... Read more...

Posted in Uncategorized |

Bosch Q1 net up 23 percent


May 8th, 2012 - 12:15 am ICT by IANS
Bangalore, May 7 (IANS) Leading automotive and industrial products firm Bosch Ltd reported net profit of Rs.336 crore for the first January-March first quarter of 2012, registering a 23 percent ... Read more...

Posted in Business |

Gauri Khan to design couture penthouses in Pune


April 21st, 2012 - 6:36 pm ICT by IANS
Mumbai, April 21 (IANS) She has a keen aesthetic sense and has designed interiors for her own bungalow 'Mannat' and made homes beautiful for many of her friends. But ... Read more...

Posted in Entertainment |

China approves blueprint for green vehicles


April 19th, 2012 - 12:17 am ICT by IANS
Beijing, April 18 (IANS) The Chinese government Wednesday approved a guideline for development of new energy-saving vehicles to ease pressure on the environment.Electric vehicles will be prioritized in the transformation ... Read more...

Posted in Business |

General Motors to launch small car Sail in Q3


March 26th, 2012 - 5:57 pm ICT by IANS
Kolkata, March 26 (IANS) General Motors India (GM) is planning to launch its fourth small car in the country, a premium hatchback "Sail", by July-September, a company official said Monday."We ... Read more...

Posted in Uncategorized |

Budget impact: Toyota Kirloskar to increase prices


March 16th, 2012 - 10:16 pm ICT by IANS
Chennai, March 16 (IANS) Japanese-Indian car joint venture Toyota Kirloskar Private Ltd said Friday it would have no option but to raise the prices of its cars following the ... Read more...

Posted in Uncategorized |

Cess on diesel vehicles regressive: Ford India


February 16th, 2012 - 9:54 pm ICT by IANS
Chennai, Feb 16 (IANS) Levying a cess on diesel car is not a right approach but the price of diesel could be hiked slightly to earn revenue, a top official ... Read more...

Posted in Business |

Clint Eastwood sizzles in SuperBowl’s Chrysler ad


February 7th, 2012 - 12:46 am ICT by Aishwarya Bhatt
New York, Feb 6 (THAINDIAN NEWS) Some analysts believe the 2-minute Chrysler ad during the Super Bowl last Sunday was a reelection campaign for President Barack Obama. The ad which featured actor ... Read more...

Posted in Entertainment |

Mexico set auto production record in 2011


January 12th, 2012 - 12:40 pm ICT by IANS
Mexico City, Jan 12 (IANS/EFE) Mexico set a new auto production record of 2.55 million cars and light trucks in 2011, a 13.1 percent increase compared to the previous year, ... Read more...

Posted in Business |

Vehicle sales up nearly 4 percent in Brazil


January 5th, 2012 - 3:22 pm ICT by IANS
Rio de Janeiro, Jan 5 (IANS) Vehicle sales in Brazil were up by 3.36 percent to 3.63 million units in 2011, compared with the figures in the previous year, the ... Read more...

Posted in Business |

Renault bets on diesel models to beat competition


December 18th, 2011 - 1:35 pm ICT by IANS
Kolkata, Dec 18 (IANS) With diesel variants now accounting for over a fourth of India's passenger car sales, French major Renault has decided to roll out this fuel's versions in ... Read more...

Posted in Business |

South Korean automakers’ exports to slow down in 2012


December 8th, 2011 - 2:01 pm ICT by IANS
Seoul, Dec 8 (IANS) Output and exports of automobiles manufactured by South Korean automakers are expected to grow at a slower pace in 2012 than this year due to global ... Read more...

Posted in Business |

Auto-industry’s mixed results for November sales


December 1st, 2011 - 7:53 pm ICT by IANS
New Delhi/Chennai, Dec 1 (IANS) Battling high interest and fuel costs coupled with a negative consumer sentiment, the Indian automobile industry Thursday came out with a mixed-bag of sales results ... Read more...

Posted in Business |

Strike, interest rates dampen automobile sales


November 1st, 2011 - 9:02 pm ICT by IANS
New Delhi/Chennai, Nov 1 (IANS) Production losses at industry leader Maruti Suzuki and a slump in sales because of high interest rates and rising fuel prices have resulted in a ... Read more...

Posted in Uncategorized |

Obama faces uphill re-election climb, says ex-aide


October 10th, 2011 - 4:43 pm ICT by IANS
Washington, Oct 10 (IANS) Chicago Mayor Rahm Emaunuel, who served as President Barack Obama's first Chief of Staff, says his former boss' re-election was far from a sure thing."There's ... Read more...

Posted in Uncategorized |

Auto industry posts good sales despite bleak sentiment (Roundup)


October 1st, 2011 - 9:03 pm ICT by IANS
New Delhi, Oct 1 (IANS) The Indian automobile industry Saturday showed good sales figures for September despite rising fuel prices, high interest rates and bleak global sentiment.One of the ... Read more...

Posted in Uncategorized |

Soon, test your car’s horsepower without fear of speeding ticket


September 28th, 2011 - 1:41 pm ICT by IANS
New Delhi, Sep 28 (IANS) If you own a fast car but can't rev it up on congested roads of the national capital or on fears of being handed a ... Read more...

Posted in Business |

Saudi auto finance firm selects Nucleus Software product


September 13th, 2011 - 8:16 pm ICT by IANS
Bangalore, Sep 13 (IANS) Saudi Arabia's auto finance major Aqsat International Trading has selected software products and services of Nucleus Software Exports Ltd for automating its business operations and reduce ... Read more...

Posted in Business |

Obama blames growing demand in India, China for rising gas prices


July 30th, 2011 - 10:42 am ICT by IANS
Washington, July 30 (IANS) Blaming growing demand for oil in countries like China and India for rising gas prices, President Barack Obama has unveiled a plan to improve the ... Read more...

Posted in Business |

Auto, realty sectors unhappy at interest rate hike


July 26th, 2011 - 7:43 pm ICT by IANS
New Delhi, July 26 (IANS) The country's automobile and realty sectors have expressed their reservations over the Reserve Bank of India's (RBI) decision to hike interest rates by 50 basis ... Read more...

Posted in Business |

Interest rates, fuel hikes dampen automobile sales in June (Roundup)


July 1st, 2011 - 9:17 pm ICT by IANS
New Delhi/Chennai, July 1 (IANS) Production losses at industry leader Maruti Suzuki and a slump in sales because of high interest rates and rising fuel prices have resulted in a ... Read more...

Posted in Business |

China to welcome foreign investors in emerging industries


April 11th, 2011 - 2:14 pm ICT by ANI
Beijing, Apr 11 (ANI): China has said it will encourage foreign investment in the country's emerging industries.According to new guidelines issued by the Legislative Affairs Office of the State Council, China will ... Read more...

Posted in World |

Auto industry to entice customers with new launches in 2011


January 16th, 2011 - 5:29 pm ICT by IANS
By Rohit Vaid New Delhi, Jan 16 (IANS) After robust sales last year, the Indian automobile industry seems set to sustain the growth trajectory in 2011 with a slew of new launches, while ... Read more...

Posted in Business |

Domestic automobile sales zoom 30.92 percent in 2010


January 11th, 2011 - 6:50 pm ICT by IANS
New Delhi, Jan 11 (IANS) Domestic automobile sales grew by 30.92 percent in 2010 (calendar year), standing at 14.82 million as against 11.32 million registered in 2009, an industry chamber said Tuesday.Releasing ... Read more...

Posted in Business |

Hyundai Equus Outsells Heavyweight Rivals In 2010


January 9th, 2011 - 6:30 pm ICT by GD
By Ranjan Bhaduri Jan 9, (THAINDIAN NEWS) It is quite evident that Hyundai, the South Korea based automaker is keen on changing its image of cheap entry level car manufacturer. In the last ... Read more...

Posted in Business |

FMSCI president Chandhok wants to improve motorsports infrastructure


December 29th, 2010 - 9:51 pm ICT by IANS
Bangalore, Dec 29 (IANS) Federation of Motor Sports Clubs of India's (FMSCI) newly- elected president Vicky Chandhok Wednesday said he would try to improve the infrastructure for motorsport in the country. "There ... Read more...

Posted in Sports |

GM revival touted by Obama as bailout success


November 24th, 2010 - 1:19 pm ICT by IANS
By Arun Kumar Washington, Nov 24 (IANS) US President Barack Obama is touting the revival of a bailed-out auto company as a vindication of his administration's controversial decision to bail out the ... Read more...

Posted in Business |

GM Return To Wall Street Positive For Auto Industry, Says Nissan CEO


November 19th, 2010 - 8:05 pm ICT by GD
By Ranjan Bhaduri Nov 19, (THAINDIAN NEWS) Troubled car maker General Motors commonly refereed as GM which is the owner of iconic car brands like Cadillac and Chevrolet returned to the Wall Street ... Read more...

Posted in Business |

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