car maker

French car sales drop


September 4th, 2012 - 1:24 pm ICT by IANS
Paris, Sep 4 (IANS) Car sales in France were down 11.4 percent in August as the country's economic woes kept consumers from spending on cars, French car sales federation CCFA ... Read more...

Posted in Business |

Petrov’s F1 career in danger


August 31st, 2012 - 5:27 pm ICT by IANS
Moscow, Aug 31 (IANS/RIA Novosti) Vitaly Petrov's career as Russia's only Formula One driver hangs in balance after the Russian government cut off financial support, his manager Oksana Kosachenko said.Petrov ... Read more...

Posted in Sports |

Audi to relaunch car production in Russia in 2013


August 30th, 2012 - 5:14 am ICT by IANS
Moscow, Aug 30 (IANS/RIA Novosti) Car maker Audi, part of German auto giant Volkswagen, plans to relaunch car production in Russia in 2013, an official said.Audi AG Board Chairman Rupert ... Read more...

Posted in World |

Maruti’s Manesar plant incident was a criminal act: Suzuki


August 23rd, 2012 - 10:17 pm ICT by IANS
Gurgaon, Aug 23 (IANS) The violence at leading car maker Maruti Suzuki's Manesar plant, that led to the death of a senior executive, was a criminal act and cannot be ... Read more...

Posted in Business |

Maruti to restart Manesar plant next week


August 16th, 2012 - 10:28 pm ICT by IANS
New Delhi, Aug 16 (IANS) Troubled automobile manufacturer Maruti Suzuki Thursday said that it will restart production at its violence-marred Manesar factory from Aug 21, 2012.The company will initially produce ... Read more...

Posted in Business |

Trade unions to march in support of Maruti workers


August 16th, 2012 - 7:22 pm ICT by IANS
Gurgaon, Aug 16 (IANS) Trade unions of different political hues said they will march here Friday to demonstrate their support for Maruti Suzuki workers who are demanding a judicial probe ... Read more...

Posted in Business |

Maruti worker sent to police custody for 5 days


August 16th, 2012 - 6:23 pm ICT by IANS
Gurgaon, Aug 16 (IANS) Maruti worker Jiyalal, the main accused in the violence at the car maker's Manesar plant July 18, was Thursday sent to police custody for five days ... Read more...

Posted in Business |

Iran car-maker to send 15,000 cars to ex-Soviet states


August 14th, 2012 - 4:05 am ICT by IANS
Moscow, Aug 14 (IANS/RIA Novosti) Iran's largest car-maker Iran Khodro (IKCO) is planning to export 15,000 cars to Russia, Kazakhstan, Turkmenistan and Belarus by the end of this year.Iranian news ... Read more...

Posted in World |

Hindustan Motors reports Rs.35.5 cr loss in Q1


August 13th, 2012 - 11:53 pm ICT by IANS
Kolkata, Aug 13 (IANS) Kolkata-based Hindustan Motors, makers of the iconic Ambassador, Monday reported a loss of Rs.35.49 crore for the quarter ended June 30, 2012, against a net profit ... Read more...

Posted in Business |

Violence at Maruti plant reflects social unrest: Premji


July 24th, 2012 - 5:36 pm ICT by IANS
Bangalore, July 24 (IANS) Violence at auto major Maruti Suzuki's plant at Haryana's Manesar is representative of the social unrest building up in the country, Wipro chairman Azim Premji said ... Read more...

Posted in Business |

Manesar violence blow to Maruti, may hit Japanese investment


July 20th, 2012 - 9:39 pm ICT by IANS
New Delhi, July 20 (IANS) The violent clashes between workers and management staff at Maruti Suzuki's Manesar plant in Haryana Wednesday may hit the leading car maker's plans to ... Read more...

Posted in Business |

Maruti crisis: Local village headmen see conspiracy


July 20th, 2012 - 9:08 pm ICT by IANS
Gurgaon, July 20 (IANS) Local village heads (sarpanches) of the Manesar area Friday decried the repeated crises in leading car-maker Maruti's Manesar plant, blaming these on "outsiders", and demanded a ... Read more...

Posted in Business |

India Inc condemns Maruti Suzuki fire incident


July 20th, 2012 - 7:09 pm ICT by IANS
New Delhi, July 20 (IANS) India Inc Friday condemned the violence perpetrated allegedly by Maruti Suzuki workers in the car maker's Manesar plant and said the incident could negatively impact ... Read more...

Posted in Business |

SIT to probe fresh violence in Maruti Manesar plant (Lead)


July 19th, 2012 - 10:57 pm ICT by IANS
Gurgaon/Chandigarh, July 19 (IANS) A Special Investigation Team (SIT) has been constituted to probe Wednesday's labour unrest and fire incident in Maruti Suzuki's Manesar plant, in which an official was ... Read more...

Posted in Business |

SIT to probe Maruti’s fresh violence


July 19th, 2012 - 9:50 pm ICT by IANS
Gurgaon, July 19 (IANS) A Special Investigation Team (SIT) has been constituted to probe Wednesday's labour unrest and fire incident in Maruti Suzuki's Manesar plant, in which an official was ... Read more...

Posted in Business |

Volkswagen buys another 50.1 percent of Porsche for 4.46 bn euros


July 5th, 2012 - 7:01 pm ICT by IANS
Moscow, July 5 (IANS/RIA Novosti) German auto giant Volkswagen will buy another 50.1 percent of Porsche SE for 4.46 billion euros to complete its ownership of the sports car maker, ... Read more...

Posted in Business |

Fire destroys Maruti ancillary unit in Gurgaon


June 20th, 2012 - 5:46 pm ICT by IANS
Gurgaon, June 20 (IANS) A factory that supplied parts to passenger car maker Maruti Suzuki was gutted in a major fire here Wednesday morning, a fire official said. No one ... Read more...

Posted in Business |

Gaddafi’s $25 mn Italian hotel complex seized


May 17th, 2012 - 9:35 am ICT by IANS
Rome, May 17 (IANS/AKI) A 20-million euro ($25 million) hotel complex and land owned in Italy by the family of slain Libyan leader Muammar Gaddafi have been seized.The complex is ... Read more...

Posted in Politics |

Russian auto-maker builds 27 millionth car


May 17th, 2012 - 4:31 am ICT by IANS
Moscow, May 17 (IANS) Russia's largest car-maker AvtoVAZ has built its 27 millionth car at the company plant in Togliatti city, RIA Novosti reported.The milestone car was a Lada Priora ... Read more...

Posted in World |

Mercedes-Benz launches new M-Class in India


May 15th, 2012 - 6:09 pm ICT by IANS
New Delhi, May 15 (IANS) German luxury car maker Mercedes-Benz Tuesday launched its third generation sports utility vehicle M-Class priced at Rs.56.9 lakh (ex-showroom Delhi)."At the start of this year, ... Read more...

Posted in Business |

Fiat to expand presence in Indian market


May 9th, 2012 - 8:15 pm ICT by IANS
Hyderabad, May 9 (IANS) Italian car maker Fiat plans to increase its presence in India with a network of dedicated dealers and is also looking at introducing more brands from ... Read more...

Posted in Business |

Maruti likely to get land in Gujarat’s Mehsana in June


April 13th, 2012 - 10:25 pm ICT by IANS
Kolkata, April 13 (IANS) Maruti Suzuki, India's largest car maker, is likely to sign a formal agreement with the Gujarat government for procurement of land for its greenfield manufacturing facility ... Read more...

Posted in Uncategorized |

Mercedes-Benz sales soar


April 5th, 2012 - 1:53 pm ICT by IANS
Berlin, April 5 (IANS) German luxury car maker Mercedes-Benz sustained a strong sales momentum into the first quarter of the new year, as it posted in March its strongest single-monthly ... Read more...

Posted in Business |

Conciliation meeting between Ford India union and management Tuesday


April 3rd, 2012 - 1:29 am ICT by IANS
Chennai, April 2 (IANS) A conciliation meeting is to be held Tuesday between Ford India Employees Union (FIEU) and the management of car maker Ford India Pvt Ltd before the ... Read more...

Posted in Business |

Trouble grows in Ford India after seven workers suspended


March 30th, 2012 - 11:40 pm ICT by IANS
Chennai, March 30 (IANS) Labour trouble at car maker Ford India Pvt Ltd, a wholly-owned subsidiary of the US-based Ford Motor Company, Friday took a serious turn with the company ... Read more...

Posted in Business |

Conciliation meeting between Ford union, management Thursday


March 28th, 2012 - 10:34 pm ICT by IANS
Chennai, March 28 (IANS) A conciliation meeting is slated for Thursday between Ford India Employees Union (FIEU) and the management of car maker Ford India Pvt Ltd before the labour ... Read more...

Posted in Uncategorized |

Auto companies report healthy sales number for February (Roundup)


March 1st, 2012 - 8:33 pm ICT by IANS
New Delhi/Chennai, March 1 (IANS) Major auto companies in India Thursday reported an average to healthy sales numbers for February, indicating a gradual recovery for the industry that was subdued ... Read more...

Posted in Business |

GM posts $7.6 bn net profit for 2011


February 17th, 2012 - 1:41 pm ICT by IANS
Chicago, Feb 17 (IANS) General Motors Co. has posted a net profit of $7.6 billion for the whole of 2011, but troubles in Europe weakened its earnings and underscored challenges ... Read more...

Posted in Uncategorized |

Maruti ramps up car production to bring down waiting period


February 3rd, 2012 - 10:43 pm ICT by IANS
Kolkata, Feb 3 (IANS) After reporting lower sales for its inability to meet the boom in demand for diesel vehicles, country's leading car maker Maruti Suzuki Friday said it is ... Read more...

Posted in Business |

Maruti plans to roll out SUVs and MPVs


February 3rd, 2012 - 7:57 pm ICT by IANS
Kolkata, Feb 3 (IANS) Maruti Suzuki has ramped up production of the diesel versions of its passenger cars and plans to roll out SUVs (Sports Utility Vehicles) and MPVs (Multi-purpose ... Read more...

Posted in Business |

Renault to roll out below Rs.4 lakh car


February 2nd, 2012 - 7:59 pm ICT by IANS
Kolkata, Feb 2 (IANS) French auto major Renault Thursday said it is planning to launch a passenger car in India at below Rs.4 lakh."Beyond Rs.4 lakh a car is our ... Read more...

Posted in Business |

Maruti Suzuki unveils new Swift DZire


February 1st, 2012 - 5:08 pm ICT by IANS
New Delhi, Feb 1 (IANS) Car maker Maruti Suzuki Wednesday unveiled the second generation compact sedan Swift DZire.The petrol variant of the sedan is priced between Rs.4.79 lakh and Rs.6.54 lakh ... Read more...

Posted in Business |

Hyundai workers gear up for negotiated settlement


January 28th, 2012 - 6:22 pm ICT by IANS
Chennai, Jan 28 (IANS) The United Union of Hyundai Employees (UUHE), the only recognised union at the plant of car maker Hyundai Motor India Ltd (HMIL) near here, seems to ... Read more...

Posted in Business |

Ford India to invest Rs.750 crore in Chennai plant


January 20th, 2012 - 6:49 pm ICT by IANS
Chennai, Jan 20 (IANS) Ford India, the Indian subsidiary of the US-based Ford Motor Company, would invest Rs.750 crore at its plant near here to roll out the new compact ... Read more...

Posted in Business |

Maruti plans Rs.80 crore logistic hub in Bengal


January 13th, 2012 - 9:53 pm ICT by IANS
Kolkata, Jan 13 (IANS) Maruti Suzuki India Ltd (MSIL), the country's largest car maker, plans to invest about Rs.80 crore to set up a logistic hub at Siliguri in ... Read more...

Posted in Business |

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