million vehicles

Audi to build $1.3 bn plant in Mexico


September 7th, 2012 - 12:02 pm ICT by IANS
Mexico City, Sep 7 (IANS/EFE) German luxury automaker Audi plans to build a $1.3 billion plant in the Mexican state of Puebla that will be the company's first production facility ... 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 |

China’s auto sales expected to hit 20 mn in 2012


July 27th, 2012 - 1:39 pm ICT by IANS
Beijing, July 27 (IANS) China's auto sales are likely to hit 20 million units in 2012 if the economy picks up momentum in the second half, the China Association of ... Read more...

Posted in Business |

China’s auto sales up nearly three percent


July 11th, 2012 - 9:27 pm ICT by IANS
Beijing, July 11 (IANS) China's automobile sales hit 9.6 million units in the first half of 2012, up 2.93 percent year-on-year, the auto industry association said Wednesday.Sales of passenger vehicles ... Read more...

Posted in Business |

Beijing launches bicycle rental system


June 17th, 2012 - 2:13 am ICT by IANS
Beijing, June 17 (IANS) Beijing has begun trialing a bicycle rental system for its residents.Currently, 2,000 bicycles are deployed at 63 locations in the city, Xinhua reported.More bicycles will be ... Read more...

Posted in Business |

Kashmir gets high security number plates


June 11th, 2012 - 9:54 pm ICT by IANS
Jammu, June 11 (IANS) Jammu and Kashmir Monday began fixing tamper proof number plates on vehicles in line with an apex court order.The number plates will have a unique identification ... Read more...

Posted in National |

Maruti’s Rs.4,000 crore plant to come up in Gujarat


June 2nd, 2012 - 9:07 pm ICT by IANS
Gandhinagar, June 2 (IANS) Passenger car major Maruti Suzuki India Ltd Saturday signed a pact with the Gujarat government for setting up a Rs.4,000-crore vehicle manufacturing facility.Maruti Managing Director ... Read more...

Posted in Business |

Nearly 300 Chinese banned for life from driving


April 24th, 2012 - 3:41 pm ICT by IANS
Beijing, April 24 (IANS) A total of 292 people here in the Chinese capital have been banned for life from driving, a media report said Tuesday. Four male drivers were ... Read more...

Posted in World |

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 |

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 |

Millions of Toyota recalls leave brand undented


February 16th, 2012 - 5:19 pm ICT by IANS
Washington, Feb 16 (IANS) Toyota's safety-related recall of nine million cars that began in 2009 made no dent on how consumers perceived the brand. "These findings highlight the importance of ... Read more...

Posted in World |

Ford’s net income stands at $20.2 bn in 2011


January 28th, 2012 - 2:44 pm ICT by IANS
Chicago, Jan 28 (IANS) Auto makers Ford announced Friday it posted a net income of $20.2 billion in 2011, the third consecutive year of the company's increased operating profits.Ford's 2011 ... Read more...

Posted in Business |

Ford posts $20.2 bn net income


January 28th, 2012 - 4:58 am ICT by IANS
Washington, Jan 28 (IANS) Ford Friday posted a net income of $20.2 billion in 2011, the third consecutive year of the company's increased operating profits.The company's 2011 net income, equal ... Read more...

Posted in Business |

Renault to launch two more models in India in 2012


January 17th, 2012 - 7:55 pm ICT by IANS
Chennai, Jan 17 (IANS) French automobile manufacturer Renault will launch two more cars in India this year of which sports utility vehicle (SUV) Duster will be one.In a statement issued ... 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 |

South Korean automakers’ exports to slow down in 2012


December 8th, 2011 - 2:01 pm ICT by IANS
Seoul, Dec 8 (IANS) Output and exports of automobiles manufactured by South Korean automakers are expected to grow at a slower pace in 2012 than this year due to global ... Read more...

Posted in Business |

Toyota recalls 420000 vehicles over steering issue


November 10th, 2011 - 12:28 am ICT by Aishwarya Bhatt
Washington, Nov 9 (THAINDIAN NEWS) Toyota has announced the recall of about 420,000 vehicles because of steering problems. The giant automaker said they are recalling 550,000 vehicles around the world because of ... Read more...

Posted in Business |

Toyota recalls 420,000 vehicles in the United States


November 10th, 2011 - 12:04 am ICT by BNO News
TORRANCE, CALIFORNIA (BNO NEWS) -- Toyota Motor Sales, USA, Inc. (TMS) on Wednesday issued a voluntary safety recall involving approximately 283,200 Toyota vehicles and 137,000 Lexus vehicles to replace the crankshaft pulley ... Read more...

Posted in Business |

Rebel Maruti union leaders resign, get hefty dues


November 5th, 2011 - 12:01 am ICT by IANS
Manesar, Nov 4 (IANS) Automobile major Maruti Suzuki (MSIL) has reached a settlement with the rebel worker leaders who had headed a three-phase labour agitation at the company's Manesar plant."The ... Read more...

Posted in Business |

Not shying from investing in Haryana plants: Maruti Suzuki


November 3rd, 2011 - 5:59 pm ICT by IANS
Mumbai, Nov 3 (IANS) Automobile giant Maruti Suzuki Thursday said that its decision to buy land in Gujarat is based on the need to expand capacity for meeting future ... Read more...

Posted in Business |

Maruti Suzuki to buy land in Gujarat for unit


October 29th, 2011 - 6:01 pm ICT by IANS
Mumbai, Oct 29 (IANS) Automobile giant Maruti Suzuki Saturday said it will buy land in Gujarat for setting up new manufacturing facilities."The board granted approval to purchase land in ... Read more...

Posted in Uncategorized |

Bajaj Auto’s Q2 net profit up six percent


October 20th, 2011 - 7:43 pm ICT by IANS
New Delhi, Oct 20 (IANS) Two and three wheeler major Bajaj Auto Thursday reported an increase of six percent in its net profit for the second quarter of the current ... 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 |

India to gain from boom in electric vehicles


October 7th, 2011 - 4:16 pm ICT by IANS
Chennai, Oct 7 (IANS) With its software talent pool, India is in a better position to benefit from new vehicle technologies like electric vehicles, experts here said Friday. Nearly 40 percent ... Read more...

Posted in Business |

New Ford factory to create 5,000 jobs in Gujarat


September 5th, 2011 - 8:22 pm ICT by IANS
Ahmedabad, Sep 5 (IANS) Ford India broke ground Monday for its state-of-the-art integrated vehicle and engine manufacturing facility to come up near here in Sanand at a cost of $1 ... Read more...

Posted in Business |

Poor public transport chokes Bangalore: Police


June 30th, 2011 - 12:55 am ICT by IANS
Bangalore, June 29 (IANS) India's tech hub is choked with the highest vehicle density in the country due to a poor public transport system and inadequate road infrastructure, a senior ... Read more...

Posted in Business |

India needs roadmap for cleaner fuels: Pachauri


June 15th, 2011 - 10:55 pm ICT by IANS
New Delhi, June 15 (IANS) India urgently needs a roadmap for introducing cleaner fuels to reduce vehicular emissions, the major source of air pollution, The Energy and Resources Institute ... Read more...

Posted in Environment |

Pakistan is largest CNG user in the world


June 3rd, 2011 - 3:05 pm ICT by IANS
Islamabad, June 3 (IANS) Pakistan is the largest user of Compressed Natural Gas (CNG) for running automobiles in the world and is way ahead of India, a media report said ... Read more...

Posted in Business |

Japan quake threatens Toyota’s position as top car maker


April 23rd, 2011 - 12:30 pm ICT by ANI
Tokyo, Apr 23 (ANI): Toyota's position as the world's top automobile company is likely to be affected by Japan's massive earthquake and tsunami.The company announced yesterday that global car production would not ... Read more...

Posted in Feature |

Toyota recalls over 300,000 vehicles to replace airbag sensor


April 22nd, 2011 - 2:27 am ICT by BNO News
TORRANCE, CALIFORNIA (BNO NEWS) -- Toyota on Thursday announced a voluntarily recall of over 300,000 RV4 and Highlander vehicles in order to replace an airbag sensor.The automaker intends to conduct a safety ... Read more...

Posted in World News |

Ford recalls 1.2 million F 150 pickup


April 15th, 2011 - 1:49 am ICT by Aishwarya Bhatt
New York, April 14 (THAINDIAN NEWS) Ford has issued a recall for nearly 1.2 million vehicles because of concerns that the airbags in the cars may be defective. The affected cars are ... Read more...

Posted in Business |

460 mn observe Tomb Sweeping Day holiday in China


April 5th, 2011 - 9:03 pm ICT by IANS
Beijing, April 5 (IANS) An estimated 460 million people mourned their ancestors or deceased at the graveyards or memorial parks on the occasion of Tomb Sweeping Day holiday this year, ... Read more...

Posted in Health Science |

Beijing hikes parking fee to ease traffic congestion


April 1st, 2011 - 2:30 pm ICT by IANS
Beijing, April 1 (IANS) Beijing Friday started charging higher parking fees in non-residential areas in a bid to get cars off the city's overcrowded roads.The fee is now 10 yuan ... Read more...

Posted in Business |

Beijing puts electronic meters to collect parking fee


March 17th, 2011 - 5:24 pm ICT by IANS
Beijing, March 17 (IANS) The Beijing authority will install electronic metres at various parking lots to collect charges from vehicle owners using the space, a move which would gradually replace ... Read more...

Posted in Business |

Indian automobile sales for 11 months up 26.92 percent


March 9th, 2011 - 7:49 pm ICT by IANS
New Delhi, March 9 (IANS) Vehicle sales in India grew by 26.92 percent in the first 11 months of the current fiscal and stood at 14.04 million as compared to ... Read more...

Posted in Business |

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