automaker

Honda Motor quarterly net profit surges


July 31st, 2012 - 4:17 pm ICT by IANS
Tokyo, July 31 (IANS) Automaker Honda's profit in the second quarter this year surged to 131.72 billion yen ($1.7 billion) on brisk car sales in major global markets.For the April-June ... Read more...

Posted in Business |

Hero to merge investment arm with self, invest Rs.2,575 crore


June 4th, 2012 - 9:08 pm ICT by IANS
New Delhi, June 4 (IANS) Hero MotoCorp, the world's largest two-wheeler maker, Monday said it would merge with itself Hero Investments, the investment arm of the parent firm, and set ... 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 |

Mazda plans $1.25 bn capital increase


February 21st, 2012 - 3:56 pm ICT by IANS
Tokyo, Feb 21 (IANS) Mazda Motor Corp. is mulling an increase of its capital amounting to 100 billion yen (about $1.25 billion) by issuing new shares in an attempt to ... Read more...

Posted in Business |

Chrysler, Ford sales up in January


February 2nd, 2012 - 2:12 pm ICT by IANS
Chicago, Feb 2 (IANS) US auto sales for the Big Three American automakers were mixed in January as General Motors (GM) sales dropped 6 percent since January last year while ... Read more...

Posted in Business |

Honda Japan’s nine-month net profit plummets 71 percent


January 31st, 2012 - 2:14 pm ICT by IANS
Tokyo, Jan 31 (IANS) Japan's Honda Motor Co. said Tuesday its net profit from April to December plunged 71.4 percent from the previous year to about 139.89 billion yen ($1.84 ... Read more...

Posted in Business |

Ford’s net income stands at $20.2 bn in 2011


January 28th, 2012 - 2:44 pm ICT by IANS
Chicago, Jan 28 (IANS) Auto makers Ford announced Friday it posted a net income of $20.2 billion in 2011, the third consecutive year of the company's increased operating profits.Ford's 2011 ... Read more...

Posted in Business |

Maruti Suzuki unveils multi-purpose vehicle Ertiga


January 6th, 2012 - 11:13 pm ICT by IANS
New Delhi, Jan 6 (IANS) Automobile giant Maruti Suzuki Friday entered the multi-purpose vehicle (MPV) segment with the unveiling of the Ertiga on the second day of the Auto Expo ... Read more...

Posted in Business |

BMW fined for Chinese rocket image in ad


December 24th, 2011 - 7:50 pm ICT by IANS
Beijing, Dec 24 (IANS) Luxury carmaker BMW China has been ordered to stop using the image of a Chinese rocket in one of its ads and pay a fine of ... Read more...

Posted in Business |

Ford’s domestic sales up 11 percent


December 1st, 2011 - 6:36 pm ICT by IANS
New Delhi, Dec 1 (IANS) American automobile major Ford's Indian subsidiary Thursday reported an increase of 11 percent in its domestic sales for the month of November at 8,322 units ... Read more...

Posted in Business |

Toyota recalls 420,000 cars in US


November 10th, 2011 - 7:44 am ICT by IANS
Washington, Nov 10 (IANS) Automobile giant Toyota Motor Corp. has said it was recalling about 550,000 vehicles worldwide, including 420,000 in the US, for a potential steering problem.In the US, ... Read more...

Posted in Business |

Toyota recalls 420000 vehicles over steering issue


November 10th, 2011 - 12:28 am ICT by Aishwarya Bhatt
Washington, Nov 9 (THAINDIAN NEWS) Toyota has announced the recall of about 420,000 vehicles because of steering problems. The giant automaker said they are recalling 550,000 vehicles around the world because of ... Read more...

Posted in Business |

Auto production hits record level in Mexico


October 18th, 2011 - 12:02 pm ICT by IANS
Mexico City, Oct 18 (IANS/EFE) Mexico's total automotive output hit a record level in the January-September period, when 1.9 million vehicles were produced, authorities said Monday.The automotive industry has been ... Read more...

Posted in Business |

Singur farmers distribute sweets, throw colour


September 28th, 2011 - 11:26 pm ICT by IANS
Singur (West Bengal), Sep 28 (IANS) Residents of this hamlet distributed sweets, and joyously smeared each other with gulal on hearing of the Calcutta High Court judgement Wednesday upholding ... Read more...

Posted in Uncategorized |

Tatas to act after studying Singur judgment


September 28th, 2011 - 3:24 pm ICT by IANS
Kolkata, Sep 28 (IANS) Automobile major Tata Motors will decide its next course of action after studying the Calcutta High Court judgment that declared the Singur land act as valid ... Read more...

Posted in Uncategorized |

Tata Motors get time till Saturday for changing plea


July 14th, 2011 - 8:01 pm ICT by IANS
Kolkata, July 14 (IANS) The Calcutta High Court Thursday directed Tata Motors Ltd. (TML) to file its amended petition Saturday and complete all related formalities in the Singur land case. ... Read more...

Posted in Politics |

In Singur, farmers line up for land - finally


July 8th, 2011 - 3:02 pm ICT by IANS
Singur (West Bengal), July 8 (IANS) The municipal office in this industrial town in West Bengal throbs with activity as hundreds of farmers gather daily to submit their applications ... Read more...

Posted in Health Science |

Tatas file amendment to plea in Singur land case


July 4th, 2011 - 10:44 pm ICT by IANS
Kolkata, July 4 (IANS) Tata Motors Monday filed an amendment to its petition before the Calcutta High Court submitted in the Singur land case June 22, a company ... Read more...

Posted in Politics |

Singur case: State, Tata directed to file affidavits


June 30th, 2011 - 8:16 pm ICT by IANS
Kolkata, June 30 (IANS) The Calcutta High Court Thursday ordered Tata Motors Ltd. and the West Bengal government to submit their affidavits in the Singur land case for an expeditious ... Read more...

Posted in Uncategorized |

Supreme Court halts return of Singur land (Lead)


June 29th, 2011 - 2:29 pm ICT by IANS
New Delhi, June 29 (IANS) The Supreme Court Wednesday stayed the re-distribution of land acquired from farmers in West Bengal's Singur for the Tata Motors Nano project till the final ... Read more...

Posted in Politics |

General Motors recalls more than 50,000 Cadillac SRX


June 10th, 2011 - 10:42 pm ICT by Aishwarya Bhatt
New York, June 10 (THAINDIAN NEWS) General Motors has issued a recall for more than 50,000 Cadillac SRX vehicles in North America. The automaker issued the recall because the airbags installed at ... Read more...

Posted in Business |

Chrysler repays $7.6 bn to US, Canada


May 25th, 2011 - 11:41 am ICT by IANS
Washington, May 25 (IANS/EFE) Chrysler Group LLC said Tuesday that it has completed repayment of $7.6 billion in loans from the US and Canadian governments.Washington, Ottawa and the Ontario provincial ... Read more...

Posted in Business |

Chrysler repays $5.1 billion in TARP loans


May 25th, 2011 - 1:43 am ICT by BNO News
WASHINGTON D.C. (BNO NEWS) -- The U.S. Department of the Treasury on Tuesday announced that Chrysler Group LLC repaid $5.1 billion of its outstanding Troubled Asset Relief Program (TARP) loans.Chrysler repaid $5.1 ... Read more...

Posted in Business |

Volt goes 1000 miles between refills


May 3rd, 2011 - 11:42 pm ICT by Aishwarya Bhatt
New York, May 3 (THAINDIAN NEWS) General Motors has announced that the owners of its electric-powered vehicle Chevrolet Volt on the average fill their car once every month. The car’s tank can ... Read more...

Posted in Business |

Iconic ‘Chitty Chitty Bang Bang’ car could fetch $2M in auction


April 27th, 2011 - 2:24 pm ICT by ANI
Washington, April 27 (ANI): Chitty Chitty Bang Bang, the car that was built for the 1968 film of the same name, will go on auction in Beverly Hills next month.Among the ... Read more...

Posted in World |

Toyota recalls over 300,000 vehicles to replace airbag sensor


April 22nd, 2011 - 2:27 am ICT by BNO News
TORRANCE, CALIFORNIA (BNO NEWS) -- Toyota on Thursday announced a voluntarily recall of over 300,000 RV4 and Highlander vehicles in order to replace an airbag sensor.The automaker intends to conduct a safety ... Read more...

Posted in World News |

Ford recalls 1.2 million F 150 pickup


April 15th, 2011 - 1:49 am ICT by Aishwarya Bhatt
New York, April 14 (THAINDIAN NEWS) Ford has issued a recall for nearly 1.2 million vehicles because of concerns that the airbags in the cars may be defective. The affected cars are ... Read more...

Posted in Business |

China not to import Jeep Wrangler over safety issues


April 9th, 2011 - 7:58 am ICT by IANS
Beijing, April 9 (IANS) China would suspend import of Jeep Wrangler vehicles because of reported safety hazards. Many vehicles have abruptly caught fire, the country's product quality watchdog has said.Consumers ... Read more...

Posted in Business |

Honda to recall 97,201 vehicles to address lost motion springs issues


February 17th, 2011 - 9:59 pm ICT by BNO News
TORRANCE, CALIFORNIA (BNO NEWS) -- Honda Motor Co. on Wednesday announced that it will recall 97,201 Fit vehicles to address an issue with the lost motion springs components.Honda will replace lost motion ... Read more...

Posted in Business |

Nissan’s ‘too quiet’ electric cars fitted with speakers


February 6th, 2011 - 2:31 pm ICT by ANI
Washington, Feb 06 (ANI): Multinational automaker, Nissan, have fitted 29,000-pound Nissan Leaf with a speaker so that it makes a noise as it approaches.Nissan are the makers of the first mass production ... Read more...

Posted in Business |

General Motors India launches Smartech petrol engine


January 28th, 2011 - 2:23 pm ICT by ANI
New Delhi, Jan 28 (ANI): Making a slew of sales and products announcements, General Motors (GM) India has launched its made in India new petrol engine in New Delhi which would be ... Read more...

Posted in Business |

Toyota top global carmaker of 2010 with sales of 8.42 million vehicles


January 24th, 2011 - 6:11 pm ICT by ANI
Melbourne, Jan 24(ANI): Toyota sold 8.42 million vehicles globally in 2010 to remain the world's top automaker for the third year straight.General Motors (GM) finished second with its 2010 global sales at ... Read more...

Posted in World |

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 |

Tata Nano may soon fail to remain the cheapest car in the world


October 21st, 2010 - 9:55 pm ICT by Aishwarya Bhatt
New Delhi, Oct 21 (THAINDIAN NEWS) Toyota Motor Corp. seeks to pose a new challenge in the cheapest car arena.The automaker is noted for its quality, so cutting down on the cost ... Read more...

Posted in Business |

Whitacre speculates on GM’s upcoming IPO


October 14th, 2010 - 9:18 pm ICT by Pen Men At Work
October 14, 2010 (Pen Men at Work): Last year, when the Obama Administration rescued GM with a $50 billion aid, the future seemed bleak for the U.S. automaker. GM has since turned ... Read more...

Posted in Business |

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