Audi to build $1.3 bn plant in Mexico
September 7th, 2012 - 12:02 pm ICT by IANS
Mexico City, Sep 7 (IANS/EFE) German luxury automaker Audi plans to build a $1.3 billion plant in the Mexican state of Puebla that will be the company's first production facility ... Read more...
Posted in Business |
Finland wants good business with India: Trade minister
September 6th, 2012 - 4:32 pm ICT by IANS
Helsinki, Sep 6 (IANS) Finland is determined to do business with India, especially in areas of clean energy technology, despite the problem of excessive bureaucratic procedures involved in pushing through ... Read more...
Posted in World |
Paint industry likely to see single digit growth 2012-13
August 22nd, 2012 - 6:58 pm ICT by IANS
Kolkata, Aug 22 (IANS) The growth of the Indian paint industry (IPA) could shrink to single-digit this fiscal due to slackening demand following the slowdown in the automotive industry and ... Read more...
Posted in Business |
Goodyear advances on list of America’s most reputable companies
June 5th, 2012 - 6:47 pm ICT by IANS
New Delhi, June 5 IANS) The Goodyear Tire & Rubber Company has again been recognized as one of America's most reputable companies by Forbes, ranked 26th on the magazine's seventh annual ... Read more...
Posted in Business |
Brazil sets auto export quotas for Mexico
April 5th, 2012 - 12:03 pm ICT by IANS
Brasilia, April 5 (IANS/EFE) The government has set its automotive export quotas for Mexico based on the requirements of each automaker operating in Brazil, officials said.The Foreign Trade Secretariat determined ... Read more...
Posted in Business |
Brazil, Mexico settle dispute over auto exports
March 17th, 2012 - 12:07 pm ICT by IANS
Mexico City, March 17 (IANS/EFE) Mexico and Brazil have modified their accord regulating bilateral trade in automobiles, including agreeing to cap the value of their vehicle exports over next three ... Read more...
Posted in Uncategorized |
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 |
UN: European financial crisis slowing down global manufacturing
March 3rd, 2012 - 3:00 am ICT by BNO News
NEW YORK (BNO NEWS) -- The economic crisis in Europe could be slowing down global manufacturing output, according to a United Nations (UN) report released on Friday.The report by the UN Industrial ... Read more...
Posted in Business |
Intel to invest $100 mn in car technology innovation
March 1st, 2012 - 2:33 pm ICT by IANS
San Francisco, March 1 (IANS) Intel announced Wednesday the establishment of a fund of $100 million to accelerate technology innovation in the automotive industry, in a move to expand its ... Read more...
Posted in World |
Big events attract huge crowds: Auto Expo organisers
January 7th, 2012 - 8:45 pm ICT by IANS
New Delhi, Jan 7 (IANS) Organisers of the 11th Auto Expo Saturday tried to ward off criticism of poor crowd management at the event saying that big events ... Read more...
Posted in Business |
General Motors showcases two new vehicles
January 6th, 2012 - 7:06 pm ICT by IANS
New Delhi, Jan 6 (IANS) US auto major General Motors Friday unveiled two vehicles - a premium hatchback Sail and a multi-purpose vehicle (MPV) concept - under its Chevrolet brand ... Read more...
Posted in Business |
UAE, Australia discuss trade relations
October 23rd, 2011 - 11:14 pm ICT by IANS
Dubai, Oct 23 (IANS/WAM) The United Arab Emirates and Australia have discussed trade relations, with the latter saying it would like to cooperate in various fields, particularly in the ... Read more...
Posted in World |
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 |
Rane group enters defence, aerospace sector
September 29th, 2011 - 12:46 am ICT by IANS
Chennai, Sep 28 (IANS) Chennai based auto component group Rane Wednesday announced its diversification into defence and aerospace production as it acquired a 26 percent stake in SasMos Het Technologies ... Read more...
Posted in Business |
Dikshit flags off solar car for world show
September 17th, 2011 - 7:08 pm ICT by IANS
New Delhi, Sep 17 (IANS) Delhi Chief Minister Sheila Dikshit Saturday flagged off a solar car developed by students of Delhi Technological University (DTU) for participating in the 2011 World ... Read more...
Posted in Uncategorized |
Americans not too keen on Indian, Chinese cars
August 23rd, 2011 - 8:44 pm ICT by IANS
Washington, Aug 23 (IANS) With a wave of new cars from India and China set to debut in the United States, a new study has found significant barriers for them ... Read more...
Posted in Business |
Mahindra rolls out double-cabin pickup
July 6th, 2011 - 11:51 pm ICT by IANS
Bangalore, July 6 (IANS) Mahindra & Mahindra Ltd Wednesday rolled out its premium double-cabin pickup vehicle Genio DC that can carry cargo as well as passengers."We have designed and developed ... Read more...
Posted in Business |
Ford sees higher demand for diesel cars in India
June 30th, 2011 - 12:56 am ICT by IANS
Kolkata, June 29 (IANS) Automotive industry major Ford Motor Company is witnessing a surge in demand for diesel cars in India after the recent hike in petrol prices, an executive ... Read more...
Posted in Business |
Haryana makes speed governors compulsory
June 11th, 2011 - 11:52 pm ICT by IANS
Chandigarh, June 11 (IANS) The Haryana government Saturday announced that it has decided to fix speed governors in all public transport vehicles as per rules.A transport department spokesman said here ... 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 |
Will Reliance official’s killing hamper investment in Jharkhand?
April 7th, 2011 - 6:19 pm ICT by IANS
Ranchi, April 7 (IANS) The killing of Reliance Power's general manager by Maoists in Jharkhand has escalated fears among local businessmen that the incident might send a wrong signal to ... Read more...
Posted in Business |
Chrysler plant in Mexico to build Fiat subcompact
March 9th, 2011 - 11:39 am ICT by IANS
Mexico City, March 9 (IANS/EFE) The Fiat 500 subcompact is to be manufactured at a Chrysler plant in the central Mexican city of Toluca, the CEO of Chrysler Group LLC ... Read more...
Posted in Business |
GM to invest $540 mn in engine plant in Mexico
January 21st, 2011 - 11:48 am ICT by IANS
Mexico City, Jan 21 (IANS/EFE) The Mexican subsidiary of US automaker General Motors said Thursday it planned to invest $540 million to manufacture two types of low-emission engines at its plant in ... Read more...
Posted in Business |
Apollo Tyres ups new plant investment to Rs.2,100 crore (Lead)
January 11th, 2011 - 7:08 pm ICT by IANS
Chennai, Jan 11 (IANS) Apollo Tyres signed a supplementary memorandum of understanding (MoU) with the Tamil Nadu government here Tuesday to scale up its investment in a new plant at Oragadam near ... Read more...
Posted in Business |
General Motors to launch six new vehicles in two years
November 19th, 2010 - 11:58 pm ICT by IANS
Kolkata, Nov 19 (IANS) Buoyed by the strong growth in automobile industry across India, General Motors is set to expand its presence in the country and is planning to launch six new ... Read more...
Posted in Business |
Tamil Nadu to have auto-sector specific policy soon
November 19th, 2010 - 9:51 pm ICT by IANS
Chennai, Nov 19 (IANS) Tamil Nadu will soon announce its automotive industry specific policy, a state government official said Friday."The proposed policy will address many of the issues faced by the sector ... Read more...
Posted in Business |
Nissan Murano Convertible: First Images Surface
November 16th, 2010 - 8:43 pm ICT by GD
By Ranjan Bhaduri
Nov 16, (THAINDIAN NEWS) Those in the automotive industry who had thought that Nissan played a gamble with the Juke earlier better do a rethink. The latest model of the ... Read more...
Posted in Life Style |
Shanghai to have 20,000 renewable energy powered cars
October 25th, 2010 - 3:54 pm ICT by IANS
Beijing, Oct 25 (IANS) China's Shanghai city will have about 20,000 cars that run on renewable energy in the next two years, an official said.Shanghai will have the eco-friendly cars by 2012, ... Read more...
Posted in Sci-Tech |
Vehicle buyers reject models due to longer delivery period
October 1st, 2010 - 4:18 pm ICT by IANS
New Delhi, Oct 1 (IANS) A large number of new vehicle buyers in India reject a model they initially considered due to the longer waiting time for delivery and buy another, said ... Read more...
Posted in Business |
Auto industry moving towards green and mass mobility vehicles
August 25th, 2010 - 7:47 pm ICT by IANS
New Delhi, Aug 25 (IANS) The Indian automobile industry will move towards greener and mass mobility vehicles, global consulting and advisory firm KPMG said Wednesday.
KPMG in a report said those ... Read more...
Posted in Business |
Oz university students set for electric-vehicle race around the world
August 19th, 2010 - 6:03 pm ICT by ANI
Melbourne, Aug 19 (ANI): A team of students from the University of South Australia is taking part in a race around the world in an electric-vehicle called TREV (Two-seater Renewable Energy Vehicle). ... Read more...
Posted in World |
New material for crash components promises to make cars safer
August 19th, 2010 - 2:18 pm ICT by ANI
Washington, Aug 19 (ANI): In a bid to make vehicles 'crash' safe, researchers have now found a way for the automotive industry to mass-produce a particularly safe class of materials known as ... Read more...
Posted in Health Science |
Ruia Group to bid for south Korean SsangYong Motor
August 8th, 2010 - 8:48 pm ICT by IANS
Kolkata, Aug 8 (IANS) City-based Ruia Group Sunday said it will make a bid to buy out troubled South Korean SsangYong Motor Company.
"Ruia Group is indeed bidding for SsangYong. This has been ... Read more...
Posted in Business |
Now, a leaf-like car that absorbs CO2 and spews oxygen
May 22nd, 2010 - 5:21 pm ICT by ANI
New Delhi, May 22 (ANI): Taking cue from the plants' ability to photosynthesise, Chinese automaker Shanghai Automotive Industry Corporation has developed a new concept car that could take in carbon dioxide and ... Read more...
Posted in Health Science |
Brazil auto industry to invest $11.2 bn by 2012
May 2nd, 2010 - 1:20 pm ICT by IANS
Sao Paulo, May 2 (IANS/EFE) The Brazilian automotive industry will invest $11.2 billion during the three-year period between 2010 and 2012, an amount that tops the $8.1 billion of the three preceding ... Read more...
Posted in Business |