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 |
Tata Motor appoints Karl Slym as managing director
August 14th, 2012 - 5:46 pm ICT by IANS
Mumbai, Aug 14 (IANS) Tata Motor Tuesday announced that Karl Slym has been appointed the managing director of the company, India's biggest truck and bus maker.Slym is expected to take ... Read more...
Posted in Business |
General Motors imposes lockout at Brazil complex
July 25th, 2012 - 12:03 pm ICT by IANS
Sao Paulo, July 25 (IANS/EFE) The Brazilian subsidiary of General Motors said Tuesday that it was suspending production at its manufacturing complex in Sao Jose dos Campos pending an agreement ... 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 |
General Motors launches new Cruze model
June 27th, 2012 - 5:56 pm ICT by IANS
New Delhi, June 27 (IANS) Automobile major General Motors India Wednesday launched its next generation sedan, Chevrolet Cruze, with a new 2.0 litre diesel engine priced between Rs.13.85 lakh and ... Read more...
Posted in Business |
General Motors launch Captiva SUV’s new model
June 26th, 2012 - 9:59 pm ICT by IANS
New Delhi, June 26 (IANS) Automobile manufacturer General Motors India Tuesday launched its next generation sport utility vehicle (SUV)-- Chevrolet Captiva 2.2 AT AWD priced between Rs.1,874,062-2,459,000 (ex-showroom Delhi)."In India, ... Read more...
Posted in Business |
Argentina looks to stem imports of Mexican-made autos
April 3rd, 2012 - 10:45 am ICT by IANS
Buenos Aires, April 3 (IANS/EFE) Argentina is looking to reduce its imports of automobiles manufactured in Mexico in light of that country's refusal to revise the 2002 bilateral automotive trade ... Read more...
Posted in Uncategorized |
General Motors’ March sales up 13 percent
April 2nd, 2012 - 4:17 pm ICT by IANS
New Delhi, April 2 (IANS) General Motors India Monday reported an increase of 13 percent in monthly sales for March at 10,588 units, up from 9,391 units sold in March ... Read more...
Posted in Business |
General Motors recalls over 6,000 vehicles
March 26th, 2012 - 11:47 pm ICT by IANS
Washington, March 26 (IANS) General Motors (GM) is recalling over 6,000 big vans and SUVs following concerns that their steering could fail, Xinhua reported.The affected vehicles include certain 2012 Chevrolet ... Read more...
Posted in Business |
General Motors to launch small car Sail in Q3
March 26th, 2012 - 5:57 pm ICT by IANS
Kolkata, March 26 (IANS) General Motors India (GM) is planning to launch its fourth small car in the country, a premium hatchback "Sail", by July-September, a company official said Monday."We ... Read more...
Posted in Uncategorized |
General Motors launches new version of Tavera
March 21st, 2012 - 9:08 pm ICT by IANS
New Delhi, March 21 (IANS) General Motors India Wednesday launched a new version of its multi utility vehicle (MUV) Tavera, compliant with the latest Bharat Stage IV emission norms. The ... Read more...
Posted in Uncategorized |
General Motors launches new version of Tavera
March 21st, 2012 - 8:47 pm ICT by IANS
New Delhi, March 21 (IANS) General Motors India Wednesday launched a new version of its multi utility vehicle (MUV) Tavera, compliant with the latest Bharat Stage IV emission norms. The ... Read more...
Posted in Uncategorized |
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 |
Clint Eastwood sizzles in SuperBowl’s Chrysler ad
February 7th, 2012 - 12:46 am ICT by Aishwarya Bhatt
New York, Feb 6 (THAINDIAN NEWS) Some analysts believe the 2-minute Chrysler ad during the Super Bowl last Sunday was a reelection campaign for President Barack Obama. The ad which featured actor ... Read more...
Posted in Entertainment |
Chrysler, Ford sales up in January
February 2nd, 2012 - 2:12 pm ICT by IANS
Chicago, Feb 2 (IANS) US auto sales for the Big Three American automakers were mixed in January as General Motors (GM) sales dropped 6 percent since January last year while ... Read more...
Posted in Business |
Ford’s domestic sales up 11 percent
December 1st, 2011 - 6:36 pm ICT by IANS
New Delhi, Dec 1 (IANS) American automobile major Ford's Indian subsidiary Thursday reported an increase of 11 percent in its domestic sales for the month of November at 8,322 units ... Read more...
Posted in Business |
Facebook discussing filing IPO in 2012
November 30th, 2011 - 11:16 pm ICT by Aishwarya Bhatt
New York, Nov 30 (THAINDIAN NEWS) Facebook is reportedly in talks for an initial public offering in April 2012. The social networking site which is home to about 800 million users will ... Read more...
Posted in Technology Industry News |
General Motors sells over 186,000 vehicles in October
November 2nd, 2011 - 4:10 am ICT by IANS
Washington, Nov 1 (IANS) The leading US automaker, General Motors Co. Tuesday announced that it sold a total of 186,895 vehicles in October.The sales figures are up two percent from ... Read more...
Posted in Business |
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 |
General Motors India sales up 17.35 percent in September
October 1st, 2011 - 5:38 pm ICT by IANS
New Delhi, Oct 1 (IANS) General Motors India Saturday reported an increase of 17.35 percent in sales at 10,112 units sold during September as against 8,617 units during the same ... Read more...
Posted in Business |
General Motors’ August sales up 14 percent
September 1st, 2011 - 5:09 pm ICT by IANS
New Delhi, Sep 1 (IANS) The Indian subsidiary of American automobile major General Motors Thursday reported a growth of 14 percent in its August sales at 9,050 units as against ... Read more...
Posted in Uncategorized |
General Motors to source 95 percent of components locally
August 30th, 2011 - 6:49 pm ICT by IANS
Faridabad, Aug 30 (IANS) General Motors said Tuesday it plans to source about 95 percent of its components from local manufacturers for its newer models."The percentage of locally sourced parts ... Read more...
Posted in Business |
Scientists power up Robonaut 2
August 24th, 2011 - 1:04 am ICT by Aishwarya Bhatt
Houston, Aug 23 (THAINDIAN NEWS) Scientists powered Robonaut 2 for the first time on Monday at the International Space Station. The two armed experimental robot was flown to ISS last February aboard ... Read more...
Posted in Technology Industry News |
GM India eyes 25 percent growth, Cadillac launch not soon
August 4th, 2011 - 5:10 pm ICT by IANS
Kolkata, Aug 4 (IANS) General Motors expects its India operations to grow by 20-25 percent this financial year despite high auto interest rates and inflation that have slowed the country's ... Read more...
Posted in Business |
GM expects more sales with Beat’s diesel version
June 23rd, 2011 - 6:13 pm ICT by IANS
New Delhi, June 23 (IANS) With the upcoming launch of the diesel version of its best seller hatchback car Beat, American automobile major General Motors (GM) expects its sales to ... Read more...
Posted in Business |
Stanley Lifestyles plans to open four overseas stores
June 18th, 2011 - 7:19 pm ICT by IANS
New Delhi, June 18 (IANS) Stanley Lifestyles, manufacturer and retailer of leather upholstery products, plans to open 10 new stores in the next two years including four overseas outlets - ... Read more...
Posted in Business |
General Motors recalls more than 50,000 Cadillac SRX
June 10th, 2011 - 10:42 pm ICT by Aishwarya Bhatt
New York, June 10 (THAINDIAN NEWS) General Motors has issued a recall for more than 50,000 Cadillac SRX vehicles in North America. The automaker issued the recall because the airbags installed at ... Read more...
Posted in Business |
Interest rates, fuel price hike dampen automobile sector (Roundup)
June 1st, 2011 - 9:20 pm ICT by IANS
New Delhi/Chennai, June 1 (IANS) Interest rates and fuel price hikes seem to have dampened automobile sales in May, with leading players like Maruti Suzuki and Hyundai reporting only marginal ... Read more...
Posted in Business |
General Motors’ May sales up 1.3 percent
June 1st, 2011 - 5:45 pm ICT by IANS
New Delhi, June 1 (IANS) Buoyed by the sale of its compact car segment, global automotive major General Motors' Indian subsidiary Wednesday reported an increase of 1.3 percent in sales ... Read more...
Posted in Business |
Maruti plans 10 lakh capacity plant in Gujarat
May 31st, 2011 - 9:13 pm ICT by IANS
Gandhinagar, May 31 (IANS) India's top car maker Maruti Suzuki Limited is planning to set up a 10-lakh annual capacity plant in Gujarat, an official spokesperson said Tuesday.Maruti Suzuki ... Read more...
Posted in Business |
New cars to have black box under new law
May 25th, 2011 - 7:56 pm ICT by Aishwarya Bhatt
Washington DC, May 25 (THAINDIAN NEWS) New media reports suggest that new cars will be required to have black boxes installed in them from next month. The issue of installing black boxes ... Read more...
Posted in World News |
Chrysler repays $7.6 bn to US, Canada
May 25th, 2011 - 11:41 am ICT by IANS
Washington, May 25 (IANS/EFE) Chrysler Group LLC said Tuesday that it has completed repayment of $7.6 billion in loans from the US and Canadian governments.Washington, Ottawa and the Ontario provincial ... Read more...
Posted in Business |
GM to build first electric motor plant in US
May 18th, 2011 - 8:29 am ICT by IANS
Chicago, May 18 (IANS) The General Motors Co. (GM) Tuesday announced its plan to build an electric motor plant near Baltimore, Maryland, the first such plant dedicated to making key ... Read more...
Posted in Business |
Walmart tops Fortune 500 list
May 6th, 2011 - 7:40 pm ICT by Aishwarya Bhatt
New York, May 6 (THAINDIAN NEWS) The Fortune magazine has released last year’s Fortune 500 list. The list ranks the major companies in the United States. Once again, Fortune 500 has named ... Read more...
Posted in Business |
General Motors recalls 154,000 cars over technical problems
May 6th, 2011 - 9:01 am ICT by IANS
New York, May 6 (IANS) General Motors (GM) has initiated a recall covering over 154,000 units of its popular Chevrolet Cruze cars from the North American market, due to steering ... Read more...
Posted in World |