japanese auto

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 |

Nissan, Honda Motorcycle log good growth in June


July 2nd, 2012 - 8:16 pm ICT by IANS
Chennai, July 2 (IANS) Nissan Motor India Private Ltd, the Indian subsidiary of Japanese auto maker Nissan Motor Company, Monday announced that it closed June 2012 with sales of 4,167 ... Read more...

Posted in Business |

Japanese firm to invest $70 mn in new plant in Mexico


February 14th, 2012 - 12:02 pm ICT by IANS
Tokyo, Feb 14 (IANS/EFE) Japanese auto parts manufacturer Yorozu said Monday it planned to invest about $70 million to build a new plant in the central Mexican state of Guanajuato.The ... Read more...

Posted in Uncategorized |

Suzuki unveils new bike, scooter


January 5th, 2012 - 8:18 pm ICT by IANS
New Delhi, Jan 5 (IANS) Japanese auto major Suzuki Thursday launched a 110cc motorcycle Hayate and a 125cc scooter Swish, targeted at the youth.Hayate is the third bike introduced by ... Read more...

Posted in Business |

Hero Honda is now Hero MotoCorp Limited


July 29th, 2011 - 7:06 pm ICT by IANS
Mumbai, July 29 (IANS) Two-wheeler major Hero Honda Motors Friday said that it has certified its new brand identity as Hero MotoCorp Limited."The company has received a fresh copy of ... Read more...

Posted in Uncategorized |

Ashok Leyland Nissan rolls out Dost light commercial vehicle


July 22nd, 2011 - 11:04 pm ICT by IANS
Chennai, July 22 (IANS) Indian-Japanese commercial vehicle joint venture Ashok Leyland Nissan Vehicles Friday rolled out its first product "Dost" from Ashok Leyland's plant in Tamil Nadu's Hosur.Ashok Leyland Nissan ... Read more...

Posted in Business |

Nissan India sells over 1,600 cars in June


July 1st, 2011 - 7:40 pm ICT by IANS
Chennai, July 1 (IANS) The Indian subsidiary of Japanese auto maker Nissan Motor India Pvt Ltd closed last month with sales of 1,632 units as against 77 in June 2010.The ... Read more...

Posted in Business |

French auto giant PSA Peugeot to invest Rs.4,000 crore in Tamil Nadu


June 29th, 2011 - 6:14 pm ICT by IANS
Chennai, June 29 (IANS) Europe's second largest automobile maker PSA Peugeot Citroen (Peugeot) has decided to set up an integrated automobile project near the Tamil Nadu state capital at an ... Read more...

Posted in Business |

Karnataka gives tax sops to Toyota’s second car plant


June 23rd, 2011 - 10:30 pm ICT by IANS
Bangalore, June 23 (IANS) The Karnataka government Thursday extended tax concessions to the Japanese auto joint venture Toyota-Kirloskar Motor Ltd (TKML) for its second car plant at Bidadi in the ... Read more...

Posted in Uncategorized |

Toyota to halt production at five European plants


April 13th, 2011 - 8:50 am ICT by ANI
Tokyo, Apr. 13 (ANI): Japanese auto giant Toyota said on Wednesday that it plans to stop production at five European plants for several days in April and May, due to a shortage ... Read more...

Posted in Business |

Nissan, Ford post higher sales in March


April 1st, 2011 - 7:23 pm ICT by IANS
Chennai, April 1 (IANS) The Indian subsidiary of Japanese auto major Nissan Motor Company closed March with a sales of 2,101 units up from 89 units sold during the comparable ... Read more...

Posted in Business |

Hero allowed $1 billion foreign investment


March 29th, 2011 - 7:14 pm ICT by IANS
New Delhi, March 29 (IANS) The government Tuesday allowed infusion of Rs.4,500 crore (about $1 billion) in Hero Investments, part of the Hero group, to acquire Japanese partner Honda's stake ... Read more...

Posted in Business |

Ashok Leyland-Nissan unveil 1.25-tonne goods carrier


March 29th, 2011 - 6:01 pm ICT by IANS
Chennai, March 29 (IANS) The Hinduja Group's Ashok Leyland and the Japanese auto major Nissan Motor Company Tuesday unveiled their joint venture's 1.25-tonne light commercial vehicle (LCV) Dost.The joint venture ... Read more...

Posted in Business |

Honda to make 100cc bike in India


March 21st, 2011 - 8:54 pm ICT by IANS
New Delhi, March 21 (IANS) Within three months of announcing its exit from the joint-venture firm Hero Honda, Japanese auto maker Honda Motors said Monday it would introduce a low-cost ... Read more...

Posted in Business |

Micra drives up Nissan sales


March 1st, 2011 - 6:16 pm ICT by IANS
Chennai, March 1 (IANS) The Indian subsidiary of Japanese auto major Nissan recorded sales of 2,081 units in February, up from 44 units in the corresponding period last year, thanks mainly to ... Read more...

Posted in Business |

Toyota to recall over two mn vehicles in US


February 25th, 2011 - 9:48 am ICT by IANS
Washington, Feb 25 (IANS/EFE) Toyota will recall 2.17 million vehicles in the US to examine accelerator problems.Toyota will make adjustments to prevent the accelerators from becoming entrapped in floor mats or becoming ... Read more...

Posted in Sci-Tech |

Mitsubishi may assemble its next sedan in Bangladesh


February 10th, 2011 - 3:19 pm ICT by IANS
Dhaka, Feb 10 (IANS) Japanese auto giant Mitsubishi may assemble its next sedan car in Bangladesh, the company's chief said here. "We (Bangladesh government and Mitsubishi) have agreed to study the possibility ... Read more...

Posted in Business |

South India now prime hub for auto components, say experts


February 8th, 2011 - 6:08 pm ICT by IANS
Chennai, Feb 8 (IANS) South India has emerged as one of the best places for auto component sourcing centres, panelists at a seminar said here Tuesday.According to them, this is significant as ... Read more...

Posted in Business |

Toyota investing Rs.500 cr for engine plant in India


July 6th, 2010 - 10:10 pm ICT by IANS
Bangalore, July 6 (IANS) Japanese auto major Toyota Motor Corporation (TMC) is investing an additional Rs.500 crore (Rs.5 billion) in India to set up an engine plant for its upcoming compact car ... Read more...

Posted in Business |

Labour problems dog multinationals in Tamil Nadu


June 28th, 2010 - 1:36 pm ICT by IANS
By Venkatachari Jagannathan Chennai, June 28 (IANS) All is not well on the industrial labour front in Tamil Nadu, with simmering discontent among workers in multinational companies leading to strikes and shutdowns, threatening ... Read more...

Posted in Business |

Toyota to roll out compact car Etios early 2011


June 4th, 2010 - 6:20 pm ICT by IANS
Bangalore, June 4 (IANS) Japanese auto giant Toyota will roll out its compact car "Etios" for the Indian market early next year, a senior company official said Friday. "Our compact car Etios, which ... Read more...

Posted in Business |

Toyota eyes 10 percent market share in India by 2015


May 13th, 2010 - 6:47 pm ICT by IANS
Hyderabad, May 13 (IANS) Leading car maker Toyota Kirloskar Motor is aiming to increase its market share in India from the current three percent to 10 percent by 2015. The company, which unveiled ... Read more...

Posted in Business |

More Fines For Toyota If Extra Security Breaches Are Discovered


May 11th, 2010 - 9:28 pm ICT by Pen Men At Work
May 11, 2010 (Pen Men at Work): More fines may be coming in the path of the Japanese auto giant, Toyota. It is already undergoing an unpleasant time. Ray LaHood, the American ... Read more...

Posted in Business |

Toyota Recalls SUVs And Consents To A Record Fine


April 20th, 2010 - 8:34 pm ICT by Pen Men At Work
April 20, 2010 (Pen Men at Work): Toyota on Monday speedily commanded the recalls of virtually 10,000 Lexus SUVs for probable rollover hazards. Toyota accepted a record $16.4 million fine ... Read more...

Posted in Business |

Mindlance to expand India operations


March 24th, 2010 - 10:55 pm ICT by IANS
Bangalore, March 24 (IANS) The US-based IT infrastructure services provider Mindlance plans to expand its operations in India for strategic alliances with local partners to provide cost-effective solutions, a company official said ... Read more...

Posted in Business |

Runaway Prius Intensifies Problems For Japanese Auto Giant


March 10th, 2010 - 8:36 pm ICT by GD
By Ranjan Bhaduri California, Mar 10, (THAINDIAN NEWS) The problems of Japanese car giant Toyota Motor Corporation seem to drag on. As the company is working overtime to fix the defects found in ... Read more...

Posted in Business |

Toyota Death Count Reaches 34


March 1st, 2010 - 9:12 pm ICT by GD
By Ranjan Bhaduri Japan, Mar 1, (THAINDIAN NEWS) Toyota Motor Corporation, the Japanese auto giant is desperately trying to redeem its image after being plagued by a global recall affecting millions of its ... Read more...

Posted in Business |

Honda to recall over 8,500 old City sedans in India


January 30th, 2010 - 7:14 pm ICT by IANS
New Delhi, Jan 30 (IANS) Japanese auto major Honda has decided to recall 8,532 "City" sedans manufactured in 2007 from the Indian market for preventive part replacement of power window switches that ... Read more...

Posted in Business |

Honda to launch small car in India by 2011


January 5th, 2010 - 4:03 pm ICT by IANS
New Delhi, Jan 5 (IANS) Japanese auto major Honda Motor Tuesday said it would launch a small car, expected to be smaller than its Jazz model, in India next year. The ... 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 |

Indian partner buys out Mitsubishi stake in Eicher


December 3rd, 2009 - 7:03 pm ICT by IANS
Mumbai, Dece 3 (IANS) Eicher Motors, the Indian partners of the joint venture with Mitsubishi, bought out the Japanese auto giant's stake, according to data available with the Bombay Stock Exchange (BSE). The ... Read more...

Posted in Business |

Nissan reveals sketch of its compact car


October 1st, 2009 - 5:17 pm ICT by IANS
Chennai, Oct 1 (IANS) Japanese auto major Nissan Motors Thursday unveiled the first sketch of its global compact car to be manufactured in five countries including India. "We are serious and committed in ... Read more...

Posted in Business |

Chevy Volt: 230 MPG Fuel Economy Rating


August 11th, 2009 - 10:56 pm ICT by GD
Hold your breath! Volt, the electric car from Chevrolet according to tests under the EPA, is going to get a "230 MPG [urban] fuel economy rating".That's quite a number and it's sure ... Read more...

Posted in Business |

Priyanka Chopra urges youngsters to save environment


August 11th, 2009 - 7:01 pm ICT by IANS
New Delhi, Aug 11 (IANS) Do your bit to save the environment even if it is a tiny step, urges actress Priyanka Chopra who is working for a greener tomorrow as ... Read more...

Posted in Entertainment |

Nissan bets big on India for global operations


July 19th, 2009 - 3:34 pm ICT by IANS
By Venkatachari Jagannathan Chennai, July 19 (IANS) Japanese auto giant Nissan Motor Co is betting big on India not only for manufacturing cars for domestic and overseas markets but also for sourcing components ... Read more...

Posted in Business |

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