global auto

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 |

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 |

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 |

Mega-launches, big-ticket announcements at Delhi Auto Expo


January 3rd, 2012 - 2:54 pm ICT by IANS
New Delhi, Jan 3 (IANS) With India emerging as a market for over 15 million vehicles each year, virtually every domestic and global major in the business will seek to ... Read more...

Posted in Business |

Peugeot to set up Rs.4000 crore facility in Gujarat


September 2nd, 2011 - 1:04 am ICT by IANS
Gandhinagar, Sep 1 (IANS) Global automobile major Peugeot Citroen Automobiles (PCA) Thursday signed an agreement with the Gujarat government to set up an automobile manufacturing plant near Sanand at ... Read more...

Posted in Business |

Ford Business Services to increase head count in India


April 7th, 2011 - 7:10 pm ICT by IANS
Chennai, April 7 (IANS) City-based Ford Business Services Center Pvt Ltd - a wholly owned business services subsidiary of global auto giant Ford Motor Company - is planning to increase ... Read more...

Posted in Business |

Kolkata to have new financial hub in Rajarhat


October 6th, 2010 - 8:45 pm ICT by IANS
Kolkata, Oct 6 (IANS) Kolkata will have a new financial hub in Rajarhat in North 24 Parganas district this month."We are planning infrastructure projects in the state. We have decided to set ... Read more...

Posted in Business |

Ashok Minda Group acquires Germany’s Aksys Koengen


October 5th, 2010 - 5:10 pm ICT by IANS
New Delhi, Oct 5 (IANS) Automobile components manufacturer Minda Group Tuesday acquired Aksys Koengen of Germany through an asset deal as part of a plan to consolidate its position in the ... Read more...

Posted in Business |

Tata Motors hikes prices of its vehicles


October 1st, 2010 - 5:52 pm ICT by IANS
Kolkata, Oct 1 (IANS) Global auto major Tata Motors Friday increased prices of some of its vehicles due to increase in input costs, a company statement said here."The prices of Tata Indica ... Read more...

Posted in Business |

Mercedes-Benz forays into high-end city bus segment in India


June 10th, 2010 - 7:30 pm ICT by IANS
New Delhi, June 10 (IANS) Global auto major Mercedes-Benz Thursday said it will set up a dedicated assembly line to produce high-end city (low floor) buses. "In India, our 2- and 3-axle ... Read more...

Posted in Business |

Bajaj Renault to roll out low-cost car by 2012


May 5th, 2010 - 5:33 pm ICT by IANS
New Delhi, May 5 (IANS) Bajaj Auto Wednesday promised a competitor to the Tata Nano by 2012 with a similar price tag of around $2,500 but better fuel efficiency in collaboration with ... Read more...

Posted in Business |

Mamata’s Singur proposal draws mixed reactions


February 24th, 2010 - 7:21 pm ICT by IANS
Kolkata, Feb 24 (IANS) Railway Minister Mamata Banerjee's announcement of her willingness to set up a coach factory in West Bengal's Singur has triggered mixed reactions among the people in the ... Read more...

Posted in Business |

Ford India to export Figo, engines to South Africa


February 5th, 2010 - 6:31 pm ICT by IANS
Chennai, Feb 5 (IANS) The Indian arm of global auto maker Ford Motor will shortly commence exports of its small car Figo and diesel and petrol engines to South Africa and Association ... Read more...

Posted in Business |

Tata Motors sales grew 77 percent in January


February 1st, 2010 - 8:27 pm ICT by IANS
Kolkata, Feb 1 (IANS) Global auto major Tata Motors' sales (including exports) of commercial and passenger vehicles grew 77 percent to 65,478 vehicles in January 2010 over 36,931 vehicles in the corresponding ... Read more...

Posted in Business |

Bengal to ask Tata Motors to return Singur land


December 26th, 2009 - 11:26 pm ICT by IANS
Kolkata, Dec 26 (IANS) The West Bengal government is in talks with Tata Motors for getting back the land leased to the automobile major for its Nano small car project in Hooghly ... Read more...

Posted in Business |

Volkswagen picks up Suzuki stake for $2.5 bn (Lead, changing dateline)


December 9th, 2009 - 5:18 pm ICT by IANS
New Delhi, Dec 9 (IANS) German auto giant Volkswagen Wednesday picked up a 20 percent stake in Suzuki Motor for about $2.5 billion, while the Japanese auto maker will reciprocate by taking ... Read more...

Posted in Business |

Volkswagen, Suzuki stake deal sends Maruti stock up


December 9th, 2009 - 3:49 pm ICT by IANS
Mumbai, Dec 9 (IANS) Maruti Suzuki's scrip shot up 3.82 percent Wednesday after global auto giants Volkswagen AG and Suzuki Motor Corp announced a share swapping deal. As per the partnership, Germany's Volkswagen ... Read more...

Posted in Business |

Tata’s Singur land can be acquired for BHEL: Bengal minister


November 26th, 2009 - 5:30 pm ICT by IANS
Kolkata, Nov 26 (IANS) West Bengal Commerce and Industry Minister Nirupam Sen Thursday said if state-run Bharat Heavy Electricals Ltd (BHEL) selected the land abandoned by Tata Motors in Singur, the state ... Read more...

Posted in Business |

Mamata game for joint venture with West Bengal in Singur


November 13th, 2009 - 6:20 pm ICT by IANS
Kolkata, Nov 13 (IANS) A day after state-run Bharat Heavy Electricals Ltd (BHEL) officials visited the abandoned Tata Motors land in West Bengal's Singur, Trinamool Congress chief and Railway Minister Mamata ... Read more...

Posted in Business |

Tata Motors sales up 6 percent in September


October 1st, 2009 - 8:57 pm ICT by IANS
Kolkata, Oct 1 (IANS) Global auto major Tata Motors sold 52,513 vehicles last months as against 49,647 units in September 2008, registering a growth of 6 percent, the company said Thursday. "The company's ... Read more...

Posted in Business |

Reva to roll out two new electric cars soon


September 30th, 2009 - 3:32 pm ICT by IANS
By Fakir Balaji Bangalore, Sep 30 (IANS) The maker of India's sole battery-run car, Reva Electric Car Co., is setting up a second plant in the country's tech hub to roll out ... Read more...

Posted in Business |

Tata Motors launch new range of trucks


May 29th, 2009 - 1:52 pm ICT by ANI
Mumbai, May 29 (ANI): Tata Motors, India's leading manufacturer of both heavy and light automobiles, launched a new line of trucks, named 'World Truck' here on Thursday.The launching of the new ... Read more...

Posted in Business |

‘No one can divide Left Front on Singur, Nandigram issue’


April 27th, 2009 - 5:06 pm ICT by IANS
Kolkata, April 27 (IANS) The West Bengal ruling Left Front (LF) here Monday put up a show of unity ahead of the Lok Sabha polls days after some allies attacked major partner ... Read more...

Posted in Politics |

New Singur project to generate more jobs than Nano: Buddhadeb


April 25th, 2009 - 12:34 am ICT by IANS
Kolkata, April 24 (IANS) West Bengal Chief Minister Buddhadeb Bhattacharjee Friday said a factory to be built on the land in Singur that Tata Motors had abandoned would "generate more employment" ... Read more...

Posted in Business |

Bhattacharjee ordered police firing in Nandigram: Forward Bloc


April 21st, 2009 - 1:08 am ICT by IANS
Kolkata, April 20 (IANS) West Bengal Chief Minister Buddahdeb Bahttacharjee had ordered the police firing in Nandigram March 14, 2007 that claimed 14 lives, the state's ruling Left Front partner Forward Bloc ... Read more...

Posted in Politics |

Singur people want Nano back: Buddhadeb


March 28th, 2009 - 12:53 pm ICT by IANS
Kolkata, March 28 (IANS) Global auto major Tata Motors may have moved out its Nano plant from the state but the people of Singur still want the project, says West Bengal Chief ... Read more...

Posted in Business |

As Nano rolls out, blanket of grief engulfs Singur


March 23rd, 2009 - 11:05 pm ICT by IANS
Singur, March 23 (IANS) A blanket of grief enveloped this rural hamlet as global auto major Tata Motors rolled out world's cheapest car Nano from its stable Monday in Mumbai. A section ... Read more...

Posted in Business |

Singur mourns as Nano rolls out from Mumbai


March 22nd, 2009 - 12:58 pm ICT by IANS
Singur (West Bengal), March 22 (IANS) The abandoned factory stands as a silent reminder of the frenzied activity and the air of expectancy one saw here less than a year ago. The ... Read more...

Posted in Business |

West Bengal government gears up for auto components park


March 13th, 2009 - 5:59 pm ICT by IANS
Kolkata, March 13 (IANS) After the Singur jolt, the West Bengal government is slowly making arrangements to house the state's first auto components park in Guptamoni in West Midnapore district. A special purpose ... Read more...

Posted in Business |

Nano to be launched March 23


February 26th, 2009 - 2:11 pm ICT by IANS
Kolkata, Feb 26 (IANS) Global auto major Tata Motors Thursday announced that the much-awaited Tata Nano will be launched in Mumbai March 23. Tata Nano is world's cheapest car priced at around Rs.100,000. "The ... Read more...

Posted in Uncategorized |

Shutdowns ‘undemocratic’, says Amartya Sen


February 24th, 2009 - 12:58 am ICT by IANS
Kolkata, Feb 23 (IANS) Terming shutdowns as "undemocratic", Nobel laureate economist Amartya Sen Monday appealed to political parties, especially the opposition, in West Bengal to ensure that the strikes called by them ... Read more...

Posted in Uncategorized |

Toyota awaits duty relief to bring hybrid Prius to India


February 23rd, 2009 - 11:14 pm ICT by IANS
Bangalore, Feb 23 (IANS) Global auto major Toyota Motor Corp is eager to bring its fuel-efficient hybrid sedan Prius to the Indian market, but wants the high import tariff (105 percent) on ... Read more...

Posted in Uncategorized |

FICCI seeks separate export promotion council for auto sector


February 23rd, 2009 - 4:34 pm ICT by IANS
New Delhi, Feb 23 (IANS) Industry lobby Federation of Indian Chambers of Commerce and Industry (FICCI) Monday urged the government to set up a separate export promotion council (EPC) for India's automotive ... Read more...

Posted in Uncategorized |

Opposition hurting interests of unemployed: Buddhadeb


February 21st, 2009 - 6:17 pm ICT by IANS
Durgapur (West Bengal), Feb 21 (IANS) Chief Minister Buddhadeb Bhattacharjee Saturday said West Bengal needs investment for creating jobs and assailed the opposition parties for acting against the interests of unemployed youth ... Read more...

Posted in Politics |

Question mark hangs over abandoned Nano land in Singur


January 28th, 2009 - 12:14 pm ICT by IANS
Kolkata, Jan 28 (IANS) More than three months after global auto major Tata Motors decided to shift out of West Bengal the project to build the world's cheapest car, a question mark ... Read more...

Posted in Uncategorized |

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