automobile industry

China-bashing increases during US polls, rues daily


September 21st, 2012 - 6:16 pm ICT by IANS
Beijing, Sep 21 (IANS) China-bashing becomes intense during US elections and American politicians compete for the toughest stance against the country, rued a Chinese daily Friday. "The things these politicians ... Read more...

Posted in Politics |

Putin signs WTO accession protocol: Kremlin


July 22nd, 2012 - 9:19 am ICT by IANS
Moscow, July 22 (IANS/RIA Novosti)Russian President Vladimir Putin signed Saturday a federal law that authorises the protocol for Russia's accession to the World Trade Organisation (WTO), the Kremlin said.The protocol ... Read more...

Posted in World |

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 |

`Brazil ready to tackle ripple effects of eurozone crisis’


May 23rd, 2012 - 1:22 pm ICT by IANS
Rio de Janeiro, May 23 (IANS) Brazilian Finance Minister Guido Mantega has said that his country is ready to cope with any possible ripple effects the eurozone debt crisis may ... Read more...

Posted in Business |

Hero Motocorp’s scrip down 7 percent


May 3rd, 2012 - 3:25 pm ICT by IANS
Mumbai, May 3 (IANS) An expected slowdown in the automobile industry coupled with increased competition dampened investor sentiments on Hero MotoCorp's scrip, which fell by 6.99 percent in Thursday's ... Read more...

Posted in Business |

JD-U suggests chief ministers’ meet to rationalise central schemes


March 27th, 2012 - 10:23 pm ICT by IANS
New Delhi, March 27 (IANS) The Janata Dal-United Tuesday called for a meeting of chief ministers to rationalise the central schemes as allies of the government and opposition parties ... Read more...

Posted in Politics |

Mexican auto sector willing to accept quotas


March 15th, 2012 - 11:00 am ICT by IANS
Mexico City, March 15 (IANS/EFE) Mexico's automobile industry said it is willing to accept temporary quotas on its exports to Brazil as long as the restrictions are lifted after a ... Read more...

Posted in Business |

Diesel cars guzzling 40 percent of segment’s fuel: CSE


January 25th, 2012 - 7:59 pm ICT by IANS
New Delhi, Jan 25 (IANS) Trashing industry contention that diesel use by cars is very low, the Centre for Science and Environment (CSE) Wednesday said 40 percent of the ... Read more...

Posted in Environment |

Gurgaon-Manesar belt declared auto-hub


December 9th, 2011 - 11:07 pm ICT by IANS
Chandigarh, Dec 9 (IANS) The central government has declared Haryana's Gurgaon-Manesar-Bawal belt as an "Auto Hub" to facilitate industrial progress of the automobile sector in this region, a state ... Read more...

Posted in Business |

NALCO launches new aluminium product


October 22nd, 2011 - 12:33 am ICT by IANS
Bhubaneswar, Oct 21 (IANS) State-run National Aluminium Company Limited (NALCO) has added another product to its portfolio with the launch of aluminium chequered sheets, the company said Friday.NALCO's smelter at ... Read more...

Posted in Business |

Passenger car sales down 9.26 percent in August


September 9th, 2011 - 8:33 pm ICT by IANS
New Delhi, Sep 9 (IANS) The slowdown in the Indian automobile sector continued in August with passenger car sales falling by 9.25 percent at 182,402 units from 201,034 units in ... Read more...

Posted in Business |

Government to launch the second JNNURM soon: Nath


September 7th, 2011 - 11:45 pm ICT by IANS
New Delhi, Sep 7 (IANS)The government Wednesday said it would launch the second phase of the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) soon."We will be launching the JNNURM-II ... Read more...

Posted in Business |

Slowdown in auto sales temporary: Minister


September 7th, 2011 - 11:28 pm ICT by IANS
New Delhi, Sep 7 (IANS) The slowdown in automobile sales is a temporary phenomenon and domestic demand is robust, Heavy Industries Minister Praful Patel said Wednesday."The high-interest rates environment has ... Read more...

Posted in Uncategorized |

Used cars to be recycled near Chennai


August 4th, 2011 - 3:36 pm ICT by IANS
New Delhi, Aug 4 (IANS) For the first time in India, a recycling facility for used cars was launched in Tamil Nadu, the Society of Indian Automobile Manufacturers (SIAM) said ... Read more...

Posted in Business |

Companies to pay more, step up hiring in 2011: Survey


July 11th, 2011 - 4:49 pm ICT by IANS
New Delhi, July 11 (IANS) Companies will look at paying more and hike their employee headcount as most expect business to grow significantly in 2011, according to a survey released ... Read more...

Posted in Business |

IT, outsourcing power India’s job market (Second Lead)


June 30th, 2011 - 12:56 am ICT by IANS
New Delhi, June 29 (IANS) India's information technology and outsourcing industries led organised employment growth last fiscal, accounting for 70 percent of the one million new jobs, despite protectionism in ... Read more...

Posted in Business |

IT, BPO sector lead job growth in India


June 30th, 2011 - 12:53 am ICT by IANS
New Delhi, June 29 (IANS) Nearly 1 million jobs were created in the organised sector in India during 2010-11, almost 70 percent of it in information technology and outsourcing sectors ... Read more...

Posted in Sci-Tech |

Advanced batteries launched at Technopark Kerala


June 18th, 2011 - 12:58 pm ICT by IANS
Thiruvananthapuram, June 18 (IANS) New age smart batteries called ASTRAC were Saturday launched here by Certes Innovative Solutions (CIS), a Technopark - TBI incubated company. The product is expected to ... Read more...

Posted in Uncategorized |

Interest rates, fuel hikes dampen automobile sales in May: SIAM


June 9th, 2011 - 6:40 pm ICT by IANS
New Delhi, June 9 (IANS) Rising interest rates and fuel price hikes seem to have dampened domestic car sales in May, with single digit growth of only seven percent registered ... Read more...

Posted in Uncategorized |

Land acquisition only after consensus: Buddhadeb (Lead)


March 23rd, 2011 - 7:55 pm ICT by IANS
Kolkata, March 23 (IANS) While affirming that industry will come up in Singur, West Bengal Chief Minister Buddhadeb Bhattacharjee Wednesday said careful measures have to be taken while acquiring ... Read more...

Posted in Politics |

For automobile industry, budget is in neutral gear


February 28th, 2011 - 8:52 pm ICT by IANS
Chennai, Feb 28 (IANS) The automobile industry Monday appreciated Finance Minister Pranab Mukherjee for not changing excise duty rates and welcomed the tax concessions for environment friendly vehicles."It is a neutral ... Read more...

Posted in Business |

GM India to launch six new models in two years


February 12th, 2011 - 4:48 pm ICT by IANS
Hyderabad, Feb 12 (IANS) General Motors (GM) India plans to launch six new models with 14 fuel variants in the next two years, a top company official said here Saturday.The new models ... Read more...

Posted in Business |

Chennai will be world’s largest auto-manufacturing hub: Stalin


February 10th, 2011 - 9:05 pm ICT by IANS
Chennai, Feb 10 (IANS) The setting up of production facilities by a global car maker, Indian auto group Mahindra and Mahindra and an Indonesian group is set to make the Chennai region ... Read more...

Posted in Business |

January vehicle sales zoom 19 percent


February 9th, 2011 - 6:06 pm ICT by IANS
New Delhi, Feb 9 (IANS) Indian car and two-wheeler companies Wednesday reported a stellar 19 percent increase in sales figures for January, which stood at 13,22,979 units as compared to 11,14,692 units ... Read more...

Posted in Business |

BJP to raise Tamil Nadu’s fishermen killing in parliament


January 31st, 2011 - 12:14 am ICT by IANS
Chennai, Jan 30 (IANS) The BJP Sunday slammed the DMK-led government in Tamil Nadu and the Congress-led UPA government at the centre for "inaction" on the issue of Indian fishermen being ... Read more...

Posted in Politics |

Need for Australian investments in infrastructure sector: Anand Sharma


January 24th, 2011 - 6:29 pm ICT by ANI
Mumbai, Jan 24 (ANI): Commerce and Industry Minister Anand Sharma on Monday said there is a need for more investments from Australia, especially in the infrastructure sector.In a bilateral meeting with Australian ... Read more...

Posted in National |

Employment growth vital for ensuring development process: Mukherjee


January 12th, 2011 - 8:30 pm ICT by ANI
New Delhi, Jan 12 (ANI): Union Finance Minister Pranab Mukherjee on Wednesday said that growth in employment opportunities is vital for ensuring an inclusive development process.In his customary pre-budget meeting ... Read more...

Posted in National |

Second international auto show kicks off in Bangalore


January 7th, 2011 - 1:45 pm ICT by ANI
Bangalore, Jan.7 (ANI): A four-day-long International Auto Show 2011 (IAS-2011) began at Bangalore's Palace Grounds on Thursday.The expo is one of the biggest car events in the region that happens once in ... Read more...

Posted in National |

Trinamool Congress spreading violence, accuses Buddhadeb


January 4th, 2011 - 1:00 pm ICT by ANI
Kolkata, Jan 4 (ANI): West Bengal Chief Minister Buddhadeb Bhattacharjee has slammed the Trinamool Congress (TMC) party for creating a culture of violence in the state.Addressing a rally here on Monday, Bhattacharjee ... Read more...

Posted in National |

Honda to recall 1.35 million Fit subcompacts over a headlight issue


December 17th, 2010 - 1:58 am ICT by Aishwarya Bhatt
New York, Dec 16 (THAINDIAN NEWS) 2010 would certainly be termed as the year of the recalls in the automobile industry. There is hardly any popular vehicle maker who didn’t announce a ... Read more...

Posted in Business |

Diesel price to be decontrolled in due course: Deora


November 1st, 2010 - 8:26 pm ICT by IANS
New Delhi, Nov 1 (IANS) Petroleum Minister Murli Deora Monday said the government is considering decontrolling diesel prices and asserted that freeing of petrol prices and raising of diesel prices have not ... Read more...

Posted in Business |

Nippon to set up steel tube components project in Rajasthan


October 14th, 2010 - 7:42 pm ICT by IANS
Jaipur, Oct 14 (IANS) Nippon Pipe India Private Limited, part the Japan-based Nippon group, will set up a Rs.190 crore steel tube components project for the automobile industry in the Japanese zone ... Read more...

Posted in Business |

Volkswagen to build new engine plant in Mexico


September 23rd, 2010 - 11:52 am ICT by IANS
Mexico City, Sep 23 (IANS/EFE) German automaker Volkswagen said Wednesday it plans to build a $550 million plant with annual production capacity of 330,000 engines in the central Mexican state of Guanajuato. During ... Read more...

Posted in Business |

Toyota Has Grand Plans For Hybrid Models


August 27th, 2010 - 7:37 pm ICT by GD
By Ranjan Bhaduri Aug 27, (THAINDIAN NEWS) Toyota Motors- the Japanese car giant which has earned a name in the automobile industry for its innovative ads and durable cars is stressing on its ... Read more...

Posted in Business |

Auto-component industry to grow to $110 bn by 2020: ACMA


August 27th, 2010 - 6:38 pm ICT by IANS
New Delhi, Aug 27 (IANS) The Automotive Component Manufacturers Association of India (ACMA) Thursday said the industry could grow to $110 billion by 2020 and create one million new jobs with an ... Read more...

Posted in Business |

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