automobile

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 |

China signs deal for 50 Airbus planes


August 30th, 2012 - 1:34 pm ICT by IANS
Beijing, Aug 30 (IANS) China and Germany Thursday signed a series of documents, including a procurement deal for 50 Airbus planes. The signing ceremony was attended by Chinese Premier Wen ... Read more...

Posted in Business |

TVS plans 75 new multi-brand car servicing outlets


August 28th, 2012 - 9:19 pm ICT by IANS
Kolkata, Aug 28 (IANS) TVS Automobile Solutions Ltd (TVSASL), a group company of TVS Group, Tuesday said it is planning to set up a total of 75 new multi-brand car ... Read more...

Posted in Business |

Maruti to invest Rs.1,700 crore in Manesar plant: Haryana minister


August 24th, 2012 - 11:46 pm ICT by IANS
Chandigarh, Aug 24 (IANS) Despite the recent violence and the complete shutdown at its Manesar unit, automobile giant Maruti-Suzuki will invest Rs.1,700 crore in a new plant of the Manesar ... Read more...

Posted in Business |

Toyata launches seventh generation Camry


August 24th, 2012 - 6:01 pm ICT by IANS
New Delhi, Aug 24 (IANS) Automobile major Toyota Kirloskar Motor (TKM) Friday launched the seventh generation of its luxury sedan Camry, priced at Rs.23.80 lakh (ex-showroom Delhi).The car, which was ... Read more...

Posted in Business |

India’s aluminium demand to grow 7-8 per cent: NALCO


August 14th, 2012 - 5:38 pm ICT by IANS
Bhubaneswar, Aug 14 (IANS) India's aluminium demand is expected to grow at 7-8 per cent annually, B.L. Bagra, chairman of the state-run National Aluminium Company (NALCO) said Tuesday."The demand in ... Read more...

Posted in Business |

Armed Brazilian demands bank returns her $25


August 3rd, 2012 - 11:50 am ICT by IANS
Sao Paulo, Aug 3 (IANS/EFE) A 73-year-old retired teacher went to a bank in Brazil and demanded at gunpoint that the financial institution return 50 reais (about $25) that a ... Read more...

Posted in World |

Maruti Suzuki logs 9.2 percent sales growth


August 1st, 2012 - 4:21 pm ICT by IANS
Chennai, Aug 1 (IANS) Automobile major Maruti Suzuki India Ltd closed July with 9.2 percent sales growth as compared to sales logged during July 2011.In a statement issued Wednesday ... Read more...

Posted in Business |

Maruti Suzuki quarterly net profit declines 23 percent


July 28th, 2012 - 5:11 pm ICT by IANS
Mumbai, July 28 (IANS) Automobile giant Maruti Suzuki Saturday posted a 23 percent decline in net profit at Rs.423.8 crore for the quarter ended June 30.The company had earned a ... Read more...

Posted in Business |

Pakistani daily not so sure about car running on water


July 28th, 2012 - 1:18 pm ICT by IANS
Islamabad, July 28 (IANS) Despite the considerable hype over a car in Pakistan running on water, a Pakistani daily cautioned that it is always better to wait until all tests ... Read more...

Posted in World |

One killed in fire at Maruti car plant


July 19th, 2012 - 12:32 am ICT by IANS
Gurgaon, July 18 (IANS) One person was killed and over two dozen people were injured in a fire in automobile major Maruti's plant at Manesar in Haryana Wednesday as thousands ... Read more...

Posted in Business |

Fire at Maruti plant


July 18th, 2012 - 9:28 pm ICT by IANS
Gurgaon, July 18 (IANS) A fire broke out in automobile major Maruti's plant at Manesar in Haryana Wednesday as thousands of protesting workers locked its main gates trapping officials inside, ... Read more...

Posted in Business |

China launches solar-powered buses


July 18th, 2012 - 7:49 pm ICT by IANS
Beijing, July 18 (IANS) Buses that run on electricity generated by solar photovoltaic cells have been launched for the first time in a city in northeast China, a media report ... Read more...

Posted in Environment |

Sensex closes 16 points down (Second lead)


July 17th, 2012 - 5:30 pm ICT by IANS
Mumbai, July 17 (IANS) A benchmark index of Indian equities markets closed 16 points down Tuesday. Realty, automobile and power stocks were the worst performers.The 30-scrip sensitive index (Sensex) ... Read more...

Posted in Business |

Tata Motors Group’s June sales up 6 percent


July 16th, 2012 - 4:20 pm ICT by IANS
New Delhi, July 16 (IANS) Automobile major Tata Motors Group Monday reported an increase of six percent in its June global sales including healthy sales growth of Jaguar Land Rover ... Read more...

Posted in Business |

Sensex closes 148 points down (Lead)


July 9th, 2012 - 5:31 pm ICT by IANS
Mumbai, July 9 (IANS) A benchmark index for Indian equities markets closed 148 points lower Monday due to a sell-off in metal, power and automobile stocks.The 30-scrip sensitive index ... Read more...

Posted in Business |

US offers help in Russia flood disaster


July 8th, 2012 - 8:18 pm ICT by IANS
Moscow, July 8 (IANS) The US has offered help to overcome a devastating flood in Russia, RIA Novosti reported.At least 150 people died in floods triggered by heavy rains Friday ... Read more...

Posted in World |

‘Don’t differentiate between willing and unwilling farmers’


June 30th, 2012 - 5:14 pm ICT by IANS
Kolkata, June 30 (IANS) Urging the Mamata Banerjee regime to stop creating a rift between the peasants of Singur, the opposition Left Front Saturday urged the state government to ... Read more...

Posted in Politics |

Tata Motors’ May sales up 12 percent


June 15th, 2012 - 4:20 pm ICT by IANS
New Delhi, June 15 (IANS) Automobile major Tata Motors Friday reported an increase of 12 percent in its global sales, including that of Jaguar Land Rover brands, in May at ... Read more...

Posted in Uncategorized |

Tata Motors operationalises Karnataka plant


June 6th, 2012 - 7:48 pm ICT by IANS
Dharwad (Karnataka), June 6 (IANS) Automobile major Tata Motors said Wednesday that its new unit in Dharwad, Karnataka, has started operations and would manufacture commercial vehicle models like the Ace ... Read more...

Posted in Uncategorized |

M&M; mulls Rs.4,000 crore investment in Tamil Nadu


June 1st, 2012 - 10:52 pm ICT by IANS
Chennai, June 1 (IANS) Automobile major Mahindra and Mahindra (M&M;) plans to build a vehicle plant at an outlay of Rs.4,000 crore in Tamil Nadu, a top company official said.Anand ... Read more...

Posted in Business |

Tata Motors scrip down on concerns over JLR


May 30th, 2012 - 5:11 pm ICT by IANS
Mumbai, May 30 (IANS) The scrip of automobile giant Tata Motors slid Wednesday as concern grew over the company's plans to expand capital expenditure on its Jaguar Land Rover (JLR) ... Read more...

Posted in Business |

Cyrus Mistry joins Tata Motors board


May 29th, 2012 - 7:42 pm ICT by IANS
Mumbai, May 29 (IANS) Tata Sons chairman-designate Cyrus P. Mistry Tuesday joined the Tata Motors board as a director, the automobile major said.Mistry also holds the position of a director ... Read more...

Posted in Business |

Bajaj Auto’s fourth quarter net profit down 45 percent


May 17th, 2012 - 3:58 pm ICT by IANS
Mumbai, May 17 (IANS) Two- and three-wheeler major Bajaj Auto Thursday reported a decline of 44.87 percent in its net profit for the fourth quarter of last fiscal which stood ... Read more...

Posted in Business |

‘Viability test of compressed air engine completed’


May 7th, 2012 - 10:32 pm ICT by IANS
Mumbai, May 7 (IANS) Automobile major Tata Motors Monday said that it has completed the viability test of its compressed air engine vehicle and will now focus on industrialising the ... Read more...

Posted in Business |

Tata Motors sales down 7 percent in April


May 1st, 2012 - 3:43 pm ICT by IANS
New Delhi, May 1 (IANS) Automobile major Tata Motors Tuesday reported a decline of 7 percent in its total sales including exports in April which stood at 60,086 units from ... Read more...

Posted in Business |

India’s central bank cuts key rates


April 17th, 2012 - 12:42 pm ICT by IANS
Mumbai, April 17 (IANS) The Reserve Bank of India (RBI) Tuesday cut some key rates by 50 basis points in a bid to push industrial growth and stimulate economy -- ... Read more...

Posted in Business |

Tata Motors global sales up 26 percent in March


April 16th, 2012 - 4:56 pm ICT by IANS
Mumbai, April 16 (IANS) Automobile major Tata Motors Group Monday reported an increase of 26 percent in its global sales in March which stood at 139,655 units over the like ... Read more...

Posted in Business |

Hyderabad police arrest TDP corporator


March 12th, 2012 - 10:08 pm ICT by IANS
Hyderabad, March 12 (IANS) Hyderabad police Monday arrested a corporator of opposition Telugu Desam Party (TDP) for purchasing a SUV which was stolen in Kerala.The controversial corporator Thakur Raja Singh ... Read more...

Posted in Uncategorized |

Sale of imported vehicles go up in Japan


March 6th, 2012 - 1:07 pm ICT by IANS
Tokyo, March 6 (IANS) Boosted by fuel-efficient models, sales of new imported vehicles in Japan recorded a 21.8 percent growth in February on year, according to the Japan Automobile Importers ... Read more...

Posted in Business |

Bo Shin Seo new Hyundai Motor India MD


March 5th, 2012 - 10:58 pm ICT by IANS
New Delhi, March 5 (IANS) Automobile major Hyundai Motor Monday said it has appointed Bo Shin Seo as the new managing director of Hyundai Motor India Limited (HMIL).Bo takes over ... Read more...

Posted in Uncategorized |

Maruti Suzuki’s February sales up 6.5 percent


March 1st, 2012 - 2:37 pm ICT by IANS
New Delhi, March 1 (IANS) Passenger car major Maruti Suzuki Thursday reported an increase of 6.5 percent in its monthly sales for February at 118,949 units from 111,645 units in ... Read more...

Posted in Business |

Tata Motors third quarter net profit up 40.47 percent


February 14th, 2012 - 7:10 pm ICT by IANS
Mumbai, Feb 14 (IANS) Tata Motors Tuesday reported a 40.47 percent rise in net profit for the third quarter of the current fiscal at Rs.3,405.55 crore for the quarter ended ... Read more...

Posted in Business |

Mahindra and Mahindra’s January sales up 22 percent


February 1st, 2012 - 5:41 pm ICT by IANS
Mumbai, Feb 1 (IANS) Automobile major Mahindra and Mahindra (M&M;) Wednesday reported a 22 percent rise in its January sales at 44,717 units from 36,718 units sold during the corresponding ... Read more...

Posted in Business |

Mahindra and Mahindra receives 5,900 SUV bookings


January 27th, 2012 - 6:16 pm ICT by IANS
Mumbai, Jan 27 (IANS) Automobile major Mahindra and Mahindra (M&M;) Friday said it has received around 5,900-plus bookings for its sports utility vehicle (SUV) XUV500 in just two days after ... Read more...

Posted in Business |

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