automotive market

Nissan expects production boost from $2 bn plant in Mexico


July 11th, 2012 - 11:22 am ICT by IANS
Mexico City, July 11 (IANS/EFE) Japanese automaker Nissan has laid the first stone at its new $2 billion plant in Mexico, where it expects to increase production to more than ... Read more...

Posted in Business |

Italian firm Sogefi to expand capacity in India


July 6th, 2012 - 12:34 am ICT by IANS
Bangalore, July 5 (IANS) Leading Italian auto component firm Sogefi SPA will soon expand its production capacity in India by setting up its third joint venture facility at Pune to ... Read more...

Posted in Business |

Bosch India net up 45 percent on robust growth


March 1st, 2011 - 7:39 pm ICT by IANS
Bangalore, March 1 (IANS) Bosch India Ltd posted Rs.859 crore profit for calendar year 2010, registering a strong 45 percent year-on-year (YoY) growth over 2009, the Indian subsidiary of the global German ... Read more...

Posted in Business |

Soon, smart cars to intimate emergency services in case of crash


September 18th, 2010 - 11:52 am ICT by ANI
London, Sep 18 (ANI): Cars are set to get smarter in case of a crash, for they could soon be ringing the emergency services themselves if involved in a crisis.In fact, sensors ... Read more...

Posted in Health Science |

Hyundai December sales up 22.6 percent


January 1st, 2010 - 4:38 pm ICT by IANS
New Delhi, Jan 1 (IANS) Car major Hyundai Motor sold 22.6 percent more vehicles in December 2009, compared to the like month of previous year, the company said in a statement Friday. Total ... Read more...

Posted in Business |

Tata Motors Q1 gross revenue Rs.16954 cr


August 31st, 2009 - 8:49 pm ICT by IBNS
Mumbai / Kolkata, Aug 31 (IBNS) Tata Motors today reported consolidated gross revenue of Rs.16,953.63 crores for the quarter ended June 30, 2009, of the financial year 2009-10. The consolidated financial performance ... Read more...

Posted in Business |

Industry body seeks more incentives for auto industry


January 31st, 2009 - 4:38 pm ICT by IANS
New Delhi, Jan 31 (IANS) Industry body Federation of Indian Chambers of Commerce and Industry (FICCI) Saturday urged the government to offer more incentives to the domestic auto industry and encourage foreign ... Read more...

Posted in Uncategorized |

Delphi begins construction of new electronics manufacturing facility in Chennai


November 10th, 2008 - 7:00 pm ICT by ANI
Chennai, Nov 10 (ANI/Business Wire India): Delphi Corporation (PINKSHEETS: DPHIQ), today announced the start of construction of a new electronics manufacturing facility in Chennai and commemorated the event by unveiling the ... Read more...

Posted in National |

UK firm to help Indian car makers with design


September 15th, 2008 - 6:50 pm ICT by IANS
Chennai, Sep 15 (IANS) Stadco Automotive India, a subsidiary of the UK-based auto component manufacturer Stadco, will help Indian vehicle manufacturers in designing their products, a top company official said here Monday. ... Read more...

Posted in Business |

Federal-Mogul to build new manufacturing facility in India


August 7th, 2008 - 11:14 pm ICT by ANI
Michigan (U.S.), August 7 (ANI/Business Wire India): Federal-Mogul Corporation (NASDAQ:FDML) today announced it is planning to build a new facility in Chennai, India, for the manufacture of friction components for Original ... Read more...

Posted in National |

Bosch India net up 14 percent in 2007


March 6th, 2008 - 10:56 pm ICT by admin
Bangalore, March 6 (IANS) Bosch Ltd, the Indian subsidiary of the euro 46 billion Bosch group that manufacturers automotive and industrial products, posted a net profit of Rs.6.1 billion ($152 million) in ... Read more...

Posted in Business |

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