passenger cars

Auto firms bullish on electric vehicles after government plan


September 6th, 2012 - 7:27 pm ICT by IANS
New Delhi, Sep 6 (IANS) Days after the government announced a Rs.23,000 crore plan for promotion of electric and hybrid vehicles automobile majors Thursday unveiled their plans in the segment.Two-wheeler ... Read more...

Posted in Business |

Volkswagen to reduce Polo, Vento prices to boost sales


September 4th, 2012 - 9:39 pm ICT by IANS
New Delhi, Sep 4 (IANS) German automobile major Volkswagen Tuesday said it will cut prices of the high-end variants of its Polo and Vento sedans and add a host of ... Read more...

Posted in Business |

Government approves plan to promote hybrid vehicles


August 29th, 2012 - 11:25 pm ICT by IANS
New Delhi, Aug 29 (IANS) The government Wednesday approved a project for the promotion of environmentally-friendly electric and hybrid vehicles, at a total cost of Rs.23,000 crore ($4 billion) which ... Read more...

Posted in Environment |

Usha sells stake in Honda Siel Cars to Honda Motor


August 10th, 2012 - 7:24 pm ICT by IANS
New Delhi, Aug 10 (IANS) Diversified group Usha International has sold its stake in Honda Siel Cars India (HSCI) to its joint venture (JV) partner Honda Motor of Japan for ... Read more...

Posted in Business |

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 |

Renault-Nissan’s Indian plant to cater to Danone’s mega order


July 5th, 2012 - 10:38 pm ICT by IANS
Chennai, July 5 (IANS) The Indian plant of Franco-Japanese Renault-Nissan Alliance will also cater to the 15,000 vehicle ordered by French food company Danone for its operations spread across 25 ... Read more...

Posted in Business |

Auto sales remain subdued in June (Roundup)


July 2nd, 2012 - 8:02 pm ICT by IANS
New Delhi/Chennai, July 2 (IANS) Amid a general slowdown of the economy, India's major auto companies posted meagre sales for June, blamed on hikes in fuel prices and interest costs.Passenger ... Read more...

Posted in Business |

Maruti Suzuki’s June sales rise 20 percent


July 2nd, 2012 - 4:55 pm ICT by IANS
Mumbai, July 2 (IANS) Passenger car market leader Maruti Suzuki Monday reported a 20.3 percent increase in sales, including exports, at 96,597 vehicles in June from 80,298 units sold in ... Read more...

Posted in Business |

Myanmarese living abroad again allowed to import vehicles


May 15th, 2012 - 3:52 pm ICT by IANS
Yangon, May 15 (IANS) Myanmar has again allowed its people living abroad to import vehicles, said official sources Tuesday.Car import for Myanmar migrant workers was temporarily suspended in the past, ... Read more...

Posted in Business |

High interest rate, fuel prices slow down car sales (Lead)


May 10th, 2012 - 6:16 pm ICT by IANS
New Delhi, May 10 (IANS) Passenger car sales in India grew by a mere 3.40 percent in April, the slowest in 10 years, as high interest rates and rising fuel ... Read more...

Posted in Business |

Hyundai enhances supply of its diesel powered i20 and Verna


April 16th, 2012 - 5:41 pm ICT by IANS
New Delhi, April 16 (IANS) Automobile manufacturer Hyundai Monday said it is enhancing the supply of its hatchback i20 diesel and sedan Verna diesel models."Increased supply will ease the waiting ... 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 |

Mercedes-Benz sales soar


April 5th, 2012 - 1:53 pm ICT by IANS
Berlin, April 5 (IANS) German luxury car maker Mercedes-Benz sustained a strong sales momentum into the first quarter of the new year, as it posted in March its strongest single-monthly ... Read more...

Posted in Business |

Brazil wants Mexico to cap vehicle exports


March 11th, 2012 - 11:56 am ICT by IANS
Brasilia, March 11 (IANS/EFE) Brazil's government wants Mexico to impose quotas on its own auto exports to the South American nation to ensure the total value does not exceed $1.4 ... Read more...

Posted in Business |

Chinese major FAW Foundry mulling investment in India


February 28th, 2012 - 4:29 pm ICT by IANS
Kolkata, Feb 28 (IANS) Chinese automotive casting manufacturer FAW Foundry Company is looking for Indian partners to set up a venture in the country, a top company official said Tuesday."As ... Read more...

Posted in Business |

Indonesia: 14 dead, 40 injured in West Java bus accident


February 11th, 2012 - 8:24 pm ICT by BNO News
JAKARTA, INDONESIA (BNO NEWS) -- At least 14 people were killed on early Friday evening when a bus lost control and crashed into several vehicles in the Indonesian province of West Java, ... Read more...

Posted in World News |

Maruti plans to roll out SUVs and MPVs


February 3rd, 2012 - 7:57 pm ICT by IANS
Kolkata, Feb 3 (IANS) Maruti Suzuki has ramped up production of the diesel versions of its passenger cars and plans to roll out SUVs (Sports Utility Vehicles) and MPVs (Multi-purpose ... Read more...

Posted in Business |

Renault to roll out below Rs.4 lakh car


February 2nd, 2012 - 7:59 pm ICT by IANS
Kolkata, Feb 2 (IANS) French auto major Renault Thursday said it is planning to launch a passenger car in India at below Rs.4 lakh."Beyond Rs.4 lakh a car is our ... Read more...

Posted in Business |

10 killed, 18 injured in Florida highway pileups


January 30th, 2012 - 6:28 am ICT by IANS
Washington, Jan 30 (IANS) As many as 10 people were killed and 18 injured overnight in pileups on a highway in the US state of Florida, due to fog and ... Read more...

Posted in World |

Tata Motors global sales grows 27 percent in December


January 16th, 2012 - 8:11 pm ICT by IANS
Mumbai, Jan 16 (IANS) Tata Motors Monday reported a 27 percent rise in its global sales in December which accounted for 114,920 vehicles, driven by strong sales of passenger cars ... Read more...

Posted in Business |

Volkswagen’s China sales go up in 2011


January 13th, 2012 - 3:32 pm ICT by IANS
Beijing, Jan 13 (IANS) Volkswagen China said Friday that its auto sales rose 17.7 percent year-on-year to hit 2.26 million units in 2011.The figure was 3.4 percentage points higher than ... Read more...

Posted in Business |

Bosch to invest Rs.2,200 crore to ramp up production


January 4th, 2012 - 7:31 pm ICT by IANS
New Delhi, Jan 4 (IANS) German automotive components manufacturer Bosch Wednesday said it would invest Rs.2,200 crore over two years (2012 and 2013) to expand capacity and develop new technologies ... Read more...

Posted in Business |

‘Steel Strips Wheels’ commences exports to Audi


December 30th, 2011 - 6:00 pm ICT by IANS
New Delhi, Dec 30 (IANS) Automobile component manufacturer 'Steel Strips Wheels Limited' (SSWL) Friday said it had started exports of steel wheels to German carmaker Audi from Dec 30 from ... Read more...

Posted in Business |

Renault bets on diesel models to beat competition


December 18th, 2011 - 1:35 pm ICT by IANS
Kolkata, Dec 18 (IANS) With diesel variants now accounting for over a fourth of India's passenger car sales, French major Renault has decided to roll out this fuel's versions in ... Read more...

Posted in Business |

Japan’s auto output went up in October


November 30th, 2011 - 3:51 pm ICT by IANS
Tokyo, Nov 30 (IANS) Japanese automobile production climbed 20.3 percent in October from a year earlier, the Japan Automobile Manufacturers Association (JAMA) said Wednesday.According to the industry body's latest figures, ... Read more...

Posted in Business |

Tata Motors’ October sales up five percent


November 1st, 2011 - 4:59 pm ICT by IANS
Mumbai, Nov 1 (IANS) Automobile giant Tata Motors Tuesday reported an increase of five percent in its sales, including exports for October, with 68,009 vehicles sold as compared to the ... Read more...

Posted in Uncategorized |

Wheels India to invest Rs.70 crore on expansion


October 27th, 2011 - 7:26 pm ICT by IANS
Chennai, Oct 27 (IANS) Buoyed with the increased demand for off-highway vehicle wheels from overseas, Wheels India Ltd has decided to invest around Rs.70 crore on expanding its capacity while ... Read more...

Posted in Business |

CNG price raised by Rs.2.30 in national capital region


September 30th, 2011 - 7:36 pm ICT by IANS
New Delhi, Sep 30 (IANS) The price of compressed natural gas (CNG) in the national capital region will go up by Rs.2.30 per kg from Oct 1, dealing another blow ... Read more...

Posted in Business |

Passenger car sales down 9.26 percent in August


September 9th, 2011 - 8:33 pm ICT by IANS
New Delhi, Sep 9 (IANS) The slowdown in the Indian automobile sector continued in August with passenger car sales falling by 9.25 percent at 182,402 units from 201,034 units in ... Read more...

Posted in Business |

Continental plans 50 mn euros investment in India


August 24th, 2011 - 9:44 pm ICT by IANS
New Delhi, Aug 24 (IANS) International tyre manufacturer Continental Wednesday said that it plans to invest 50 million euros in its Indian operations for ramping up production of passenger and ... Read more...

Posted in Business |

Auto stocks slip as traders worry over slack sales


July 16th, 2011 - 5:13 pm ICT by IANS
Mumbai, July 16 (IANS) Automobile stocks closed lower this week, reflecting worries of traders over a slowdown in the sector with sales growth rising only about 12 percent in June.The ... Read more...

Posted in Business |

Volkswagen June sales rise 166 percent


July 1st, 2011 - 4:20 pm ICT by IANS
New Delhi, July 1 (IANS) German automobile major Volkswagen Friday reported 166 percent growth in its sales during June as against the same month last year."Despite the current slowdown in ... Read more...

Posted in Business |

Hyundai to increase production of Verna


June 28th, 2011 - 10:27 pm ICT by IANS
New Delhi, June 28 (IANS) Automobile major Hyundai Motor India Ltd Tuesday said it was increasing production of the recently launched variant of sedan Verna that has received over 20,000 ... Read more...

Posted in Business |

Bridgestone’s Madhya Pradesh tyres factory begins production


June 15th, 2011 - 1:03 am ICT by IANS
Bhopal, June 14 (IANS) The Bridgestone India Private Limited (BSID), a subsidiary of the Bridgestone Corporation Japan, Tuesday announced the start of production of truck and bus radial tyres at ... Read more...

Posted in Business |

Get paid to dispose off your old vehicles in China


June 9th, 2011 - 12:04 pm ICT by IANS
Beijing, June 9 (IANS) The Chinese government is encouraging people to dispose off their old vehicles and get compensated for it.It was done to boost sales of new automobiles and ... Read more...

Posted in Environment |

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