car sales

Fiat not to leave Italy amid sales plunge


September 19th, 2012 - 12:44 pm ICT by IANS
Turin, Sep 19 (IANS/AKI) Amid a Europe-wide decline in car sales, Italian automobile giant Fiat said it does not intend to leave Italy or close any of its Italian plants."The ... Read more...

Posted in Business |

August car sales down over 18 percent: SIAM


September 10th, 2012 - 4:24 pm ICT by IANS
New Delhi, Sep 10 (IANS) Higher fuel prices and interest rates and a slowdown in the economy saw car sales plummeting more than 18 percent in August, the biggest drop ... Read more...

Posted in Business |

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 |

South Korea’s auto sales tumble


September 3rd, 2012 - 5:44 pm ICT by IANS
Seoul, Sep 3 (IANS) South Korea's automobile sales tumbled 7.1 percent last month from a year earlier due to weak demand at home and abroad caused by economic slowdown as ... Read more...

Posted in Business |

Honda Motor quarterly net profit surges


July 31st, 2012 - 4:17 pm ICT by IANS
Tokyo, July 31 (IANS) Automaker Honda's profit in the second quarter this year surged to 131.72 billion yen ($1.7 billion) on brisk car sales in major global markets.For the April-June ... Read more...

Posted in Business |

Cuba’s private-sector workforce grows to 390,000


July 24th, 2012 - 1:43 pm ICT by IANS
Havana, July 24 (IANS) Cuba's private-sector workforce grew to 390,000 at the end of June, up nearly 3,000 from the previous month, Vice President Marino Murillo said.If the sector continues ... Read more...

Posted in Business |

South Korea’s auto sales grow


July 2nd, 2012 - 6:49 pm ICT by IANS
Seoul, July 2 (IANS) South Korea's automobile sales grew 8.9 percent in the first half of this year from a year earlier as strong overseas sales offset weak domestic demand, ... Read more...

Posted in Business |

Toyota Kirloskar, Nissan Motor India sales up in May


June 1st, 2012 - 5:48 pm ICT by IANS
Chennai, June 1 (IANS) Japanese-Indian car joint venture Toyota Kirloskar Motor Pvt. Ltd. continued its good show this fiscal by selling 15,501 units last month, up from 7,470 units sold ... Read more...

Posted in Uncategorized |

Maruti Suzuki’s Q4 net profit down three percent (Lead)


April 28th, 2012 - 9:57 pm ICT by IANS
New Delhi, April 28 (IANS) Passenger car major Maruti Suzuki Saturday reported a decline of three percent in its net profit which stood at Rs.639.8 crore for the fourth quarter ... Read more...

Posted in Business |

China approves blueprint for green vehicles


April 19th, 2012 - 12:17 am ICT by IANS
Beijing, April 18 (IANS) The Chinese government Wednesday approved a guideline for development of new energy-saving vehicles to ease pressure on the environment.Electric vehicles will be prioritized in the transformation ... Read more...

Posted in Business |

Maruti Suzuki expects car sales to rise 10 percent 2012-13


April 5th, 2012 - 8:34 pm ICT by IANS
New Delhi, April 5 (IANS) Market leader Maruti Suzuki Thursday said it is expecting 10 percent growth in sales of passenger cars this fiscal on the back of a higher ... Read more...

Posted in Business |

‘Budget may not check diesel subsidy misuse’


March 17th, 2012 - 6:49 pm ICT by IANS
New Delhi, March 17 (IANS) The union budget has failed to take steps to stop the misuse of diesel subsidy by private cars, said advocacy organisation Centre for Science ... Read more...

Posted in Business |

China to use tax cuts to promote green vehicles


March 7th, 2012 - 5:30 pm ICT by IANS
Beijing, March 7 (IANS) China has decided to promote the use of environmentally friendly vehicles and ships by offering tax cuts.Beginning at the start of the year, the country has ... Read more...

Posted in Business |

South Korea’s auto sales rebound


March 2nd, 2012 - 4:38 pm ICT by IANS
Seoul, March 2 (IANS) South Korea's automobile sales rebounded last month as domestic sales were enhanced amid rising working days, carmakers said Friday.Global car sales by the nation's five automakers, ... Read more...

Posted in Business |

Car sales to fall in 10 years despite growth in January (Lead)


February 8th, 2012 - 6:46 pm ICT by IANS
New Delhi, Feb 8 (IANS) Car sales grew for the third straight month in January by 7.2 percent, but the industry for the first time since 2002 is expected to ... Read more...

Posted in Business |

Car sales grew 7.2 percent in January


February 8th, 2012 - 5:17 pm ICT by IANS
New Delhi, Feb 8 (IANS) Car makers started 2012 on a positive note, with sales up 7.2 percent in January -- the third consecutive month of gains after a lacklustre ... 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 |

Beijing car sales to plummet in 2011


December 24th, 2011 - 5:37 pm ICT by IANS
Beijing, Dec 24 (IANS) Car sales in Beijing will plummet from last year's 890,000 units to 400,000 units in 2011 because of the city's new traffic rules, experts say.Beijing adopted ... Read more...

Posted in Business |

Latvian airline sells cars during flights


December 13th, 2011 - 9:17 pm ICT by Aishwarya Bhatt
Warsaw, Dec 13 (THAINDIAN NEWS) The airBaltic, a Latvian airliner, announced on Monday that they will add the sale of cars to their business. The airliner announced that with their venture, they ... Read more...

Posted in Odd news |

S. Korea’s imported car sales grow in November


December 5th, 2011 - 4:59 pm ICT by IANS
Seoul, Dec 5 (IANS) Imported car sales in South Korea continued to grow last month due to strong demand for German brands, a trade association said Monday.Registration of imported vehicles ... Read more...

Posted in Business |

Tata Motors’ September sales up 22 percent


October 1st, 2011 - 6:15 pm ICT by IANS
New Delhi, Oct 1 (IANS) Amidst a slowdown in car sales due to high fuel prices and interest rates, automobile major Tata Motors Saturday came out with a 22 ... Read more...

Posted in Business |

Fiat’s new schemes to promote diesel cars


July 4th, 2011 - 9:33 pm ICT by IANS
New Delhi, July 4 (IANS) In a bid to boost its diesel car sales, Italian automobile major Fiat Monday started to offer the diesel-powered Punto and Linea cars at the ... Read more...

Posted in Business |

Automobile sales jump 23 percent in April


May 9th, 2011 - 8:49 pm ICT by IANS
New Delhi, May 9 (IANS) Indian automobile industry Monday reported a rise of 23 percent in vehicle sales in April at 1,338,564 units, up from 1,090,041 units in April 2010.The ... Read more...

Posted in Business |

GM may replace production-hit Toyota as No 1 automaker


April 23rd, 2011 - 4:33 pm ICT by IANS
New York, April 23 (IANS) Toyota Motor Corp. said Friday that it may take it till December to restore normal production of all its models because of parts shortage caused ... Read more...

Posted in Business |

Tata Motors’ March global sales up one percent


April 15th, 2011 - 7:22 pm ICT by IANS
New Delhi, April 15 (IANS) Indian automobile giant Tata Motors Group Friday reported a one percent increase in its global sales for March, which stood at 110,785 units, against the ... Read more...

Posted in Business |

Italy’s Fiat dealers in for a sad Christmas


December 24th, 2010 - 11:44 am ICT by IANS
Milan, Dec 24 (IANS/AKI) Holiday shoppers pack the streets around Milan's famous Gothic cathedral shopping centre carrying bags from Gap, Gucci and Prada. But a few blocks away at a Fiat showroom, ... Read more...

Posted in Business |

November car sales zoom (Second Lead)


December 1st, 2010 - 10:32 pm ICT by IANS
New Delhi/Chennai, Dec 1 (IANS) Indian automobile manufacturers by and large Wednesday reported good sales figures for November on the back of a spurt in demand during the festive season.Market leader Maruti ... Read more...

Posted in Business |

Car sales growing faster in eastern region, notes SIAM


November 19th, 2010 - 8:59 pm ICT by IANS
Kolkata, Nov 19 (IANS) India's eastern region is seeing a faster growth in sales of automobiles than the other regions of the country, a senior official of the Society of Indian Automobile ... Read more...

Posted in Business |

Honda Launches Fit


October 11th, 2010 - 8:14 pm ICT by GD
By Gina Gomez Oct 11, (THAINDIAN NEWS) Honda Motor has come up with hybrid Fit, which was launched in Japan on Friday. The car which is said to be the cheapest petro-electric car ... Read more...

Posted in Business, Life Style |

Record car sales in August


September 9th, 2010 - 6:33 pm ICT by IANS
New Delhi, Sep 9 (IANS) Monthly car sales in India zoomed to an all-time high in August, the Society of Indian Automobile Manufacturers (SIAM) reported Thursday. Sales in the past month climbed ... Read more...

Posted in Business |

Hyundai’s August car sales zooms 17.2 percent


September 1st, 2010 - 5:13 pm ICT by IANS
New Delhi, Sep 1 (IANS) The country's second largest car manufacturer, Hyundai Motor India Limited (HMIL), Wednesday reported a 17.2 percent growth in sales in August 2010 as compared to the like ... Read more...

Posted in Business |

Car sales slump in Pakistan


August 14th, 2010 - 1:34 pm ICT by IANS
By Awais Saleem Islamabad, Aug 14 (IANS) Car sales in Pakistan slumped more than 30 percent in July, compared to the corresponding period last year, after the government increased sales tax ... Read more...

Posted in Business |

GM boss Whitacre stepping down after eight months


August 12th, 2010 - 11:58 pm ICT by IANS
Washington, Aug 12 (DPA) General Motors chief executive Ed Whitacre in a shock announcement Thursday said he will step down Sep 1 after little more than eight months in the job. Whitacre said ... Read more...

Posted in Business |

Car sales rise 39.5 percent in April: SIAM


May 10th, 2010 - 4:31 pm ICT by IANS
New Delhi, May 10 (IANS) Indicating robust consumer demand despite a rise in prices, car sales in India grew by 39.5 percent to 143,976 units in the first month of this fiscal ... Read more...

Posted in Business |

General Motors repays government loan


April 22nd, 2010 - 5:21 am ICT by IANS
Washington, April 22 (DPA) General Motors has repaid $4.7 billion in government loans issued last year, clearing its remaining debt under the Treasury Department's rescue plan to contain the fallout from ... Read more...

Posted in Business |

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