vehicle manufacturer

Tata Motors unveils Xenon pick-up


September 4th, 2012 - 12:08 am ICT by IANS
Kolkata, Sep 3 (IANS) Tata Motors, India's largest commercial vehicle manufacturer, Monday strengthened its product portfolio in the pick-up segment with the launch of its Xenon."The pick-up segment is growing ... Read more...

Posted in Business |

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 |

Russia tests Italian tank


May 12th, 2012 - 6:41 pm ICT by IANS
Moscow, May 12 (IANS/RIA Novosti) Russia is testing Italy's Centauro tank and considers building it under license, a representative of the Oto-Melara company which makes the tank said Saturday."The first ... Read more...

Posted in World |

Daimler to shift truck manufacturing to Tamil Nadu


April 18th, 2012 - 5:27 pm ICT by IANS
Chennai, April 18 (IANS) Daimler AG, the German heavy vehicle manufacturer, will shift the production of its trucks from Pune in Maharashtra to Oragadam in Tamil Nadu from where it ... Read more...

Posted in Uncategorized |

Chinese vehicle manufacturer’s 2011 profits slump


March 2nd, 2012 - 2:45 pm ICT by IANS
Beijing, March 2 (IANS) Beiqi Foton Motor Co., one of China's largest commercial vehicle manufacturers, said Friday that its profits slumped nearly 30 percent year-on-year in 2011 due to falling ... Read more...

Posted in Business |

Ashok Leyland launches ‘Jan Bus’


January 5th, 2012 - 9:10 pm ICT by IANS
New Delhi, Jan 5 (IANS) Heavy vehicle manufacturer Ashok Leyland Thursday launched the 'Jan Bus', a low and flat floor bus designed for urban usage.Launched by Urban Development Minister Kamal ... Read more...

Posted in Business |

Wabco India plans Rs.60 crore expansion


September 21st, 2011 - 8:43 pm ICT by IANS
Chennai, Sep 21 (IANS) Commercial vehicle braking systems manufacturer Wabco India Ltd Wednesday said it is implementing an expansion plan of around Rs.60 crore to increase exports as well as ... Read more...

Posted in Uncategorized |

Bajaj Auto records highest ever vehicle sales in August


September 2nd, 2011 - 4:10 pm ICT by IANS
Mumbai, Sep 2 (IANS) Helped by a healthy increase in exports, two-wheeler and commercial vehicle major Bajaj Auto Friday said it had logged a 16 percent rise in total sales ... Read more...

Posted in Business |

Jharkhand gets mine-protected vehicle to fight Maoists


August 25th, 2011 - 11:16 pm ICT by IANS
New Delhi, Aug 25 (IANS) Defence Land Systems India (DLSI), a joint venture between Indian vehicle manufacturer Mahindra and Mahindra and British defence major BAE Systems, Thursday handed over the ... Read more...

Posted in Business |

1:1 bonus issue by Ashok Leyland


June 16th, 2011 - 1:06 am ICT by IANS
Chennai June 15 (IANS) The Board of Directors of commercial vehicle manufacturer Ashok Leyland Ltd Wednesday approved 1:1 bonus share.The bonus issue in proportion of one share of Re. 1/- ... Read more...

Posted in Business |

Energy from car brakes could cut fuel consumption


February 8th, 2011 - 6:04 pm ICT by IANS
London, Feb 8 (IANS) Every time the brake is applied in a car, energy is generated. Though the energy is not used, new research shows that it is perfectly possible to save ... Read more...

Posted in Sci-Tech |

Air hybrid vehicles could halve fuel consumption in future


February 8th, 2011 - 5:54 pm ICT by ANI
Washington, Feb 8 (ANI): Researchers in Sweden are exploring air hybrid automobiles as possible alternatives to electric hybrid cars, claiming they could halve fuel consumption by using the energy generated from vehicle ... Read more...

Posted in Health Science |

Ashok Leyland’s UAE joint venture plant goes on stream


December 16th, 2010 - 8:12 pm ICT by IANS
Chennai, Dec 16 (IANS) Chennai-based commercial vehicle manufacturer Ashok Leyland Limited Thursday announced the commissioning of its Ras Al Khaimah plant set up in a joint venture with Ras Al Khaimah Investment ... Read more...

Posted in Business |

Ashok Leyland bags Rs.125 crore order


December 13th, 2010 - 9:02 pm ICT by IANS
Chennai, Dec 13 (IANS) India's second largest commercial vehicle manufacturer Ashok Leyland Monday said it has bagged an order worth over Rs.125 crore from VRL Logistics to supply 600 vehicles.Ashok Leyland will ... Read more...

Posted in Business |

Ashok Leyland to go slow on raising debt


November 11th, 2010 - 5:35 pm ICT by IANS
Chennai, Nov 11 (IANS) India's second largest commercial vehicle manufacturer Ashok Leyland, authorised to raise Rs.700 crore debt this year, is not in a hurry as a major portion of the capital ... Read more...

Posted in Business |

Ashok Leyland Q2 profit up 89 percent, to expand globally


October 20th, 2010 - 8:48 pm ICT by IANS
Chennai, Oct 20 (IANS) Commercial vehicle manufacturer Ashok Leyland closed the second quarter of the current fiscal with a 89 percent increase in net profit and 72 percent growth in revenue, and ... Read more...

Posted in Business |

BMW issues recall on 198,000 vehicles in U.S. over brake problems


October 1st, 2010 - 9:23 pm ICT by BNO News
WOODCLIFF LAKE, NEW JERSEY (BNO NEWS) -- BMW of North America announced a voluntary recall of approximately 198,000 of its cars in the U.S., and globally around 348,000, due to a faulty ... Read more...

Posted in Business |

Toyota plans to open a second plant in Russia


September 22nd, 2010 - 8:03 pm ICT by BNO News
ST. PETERSBURG, RUSSIA (BNO NEWS) – Toyota Motors on Tuesday unveiled that the Japanese vehicle manufacturer plans to open a second plant in Russia, local media reported.According to RIA Novosti, the President ... Read more...

Posted in Business |

Ashok Leyland bags order for 2,850 buses in Tamil Nadu


September 16th, 2010 - 9:54 pm ICT by IANS
Chennai, Sep 16 (IANS) Commercial vehicle manufacturer Ashok Leyland Limited has bagged an order for 2,850 buses from seven state transport undertakings (STU) owned by the Tamil Nadu government, an official said ... Read more...

Posted in Business |

Ashok Leyland to ship out 1,000 buses to Sri Lanka


August 11th, 2010 - 4:37 pm ICT by IANS
Chennai, Aug 11 (IANS) Commercial vehicle manufacturer Ashok Leyland has bagged an order worth $26 million to export 1,000 buses to Sri Lanka by March 2011. The order is for Viking buses ... Read more...

Posted in Business |

Ashok Leyland takes 26 percent stake in British Optare


July 29th, 2010 - 8:51 pm ICT by IANS
Chennai, July 29 (IANS) Ashok Leyland has bought 26 percent stake in Britain-based bus maker Optare for $7.5 million in a bid to enter new segments and insulate itself from down cycles ... Read more...

Posted in Business |

Ashok Leyland to invest Rs.2000 crore over two years


July 27th, 2010 - 9:38 pm ICT by IANS
Chennai, July 27 (IANS) Commercial vehicle manufacturer Ashok Leyland will invest around Rs.2,000 crore over a two-year period at its plants as well as in joint ventures. The company has got the ... Read more...

Posted in Business |

Tata Motors posts Rs.2,240.08 crore net in 2009-10


May 27th, 2010 - 7:29 pm ICT by IANS
New Delhi, May 27 (IANS) India's top vehicle manufacturer Tata Motors Thursday said its net profit rose to Rs.2,240.08 crore for the financial year ended March 2010 as compared to Rs.1,001.26 crore ... Read more...

Posted in Business |

Labour trouble has not affected output: Ashok Leyland


May 17th, 2010 - 9:15 pm ICT by IANS
Chennai, May 17 (IANS) A hunger strike at commercial vehicle manufacturer Ashok Leyland's Ennore plant near here has not disrupted production, the company said Monday. "Around 10 workers went on hunger strike at ... Read more...

Posted in Business |

Tata Motors sells 20 percent stake in Telcon to Hitachi


March 30th, 2010 - 5:18 pm ICT by IANS
New Delhi, March 30 (IANS) India's largest commercial vehicle manufacturer Tata Motors Tuesday signed an agreement to sell its 20 percent stake in Telco Construction Equipment Company Ltd (Telcon) to Japanese partner ... Read more...

Posted in Business |

Ashok Leyland targets 30 pc market share next fiscal (Lead)


March 3rd, 2010 - 9:48 pm ICT by IANS
Chennai, Mar 3 (IANS) Commercial vehicle manufacturer Ashok Leyland is targeting a 30 percent market share, selling 90,000 units in the next financial year. "We are looking at sales of around 90,000 units ... Read more...

Posted in Business |

Segway X2 And i2 To Make Headway Into India


February 9th, 2010 - 8:51 pm ICT by GD
By Ranjan Bhaduri Feb 9, (THAINDIAN NEWS) Noted mobile vehicle manufacturer Segway Inc is gearing up to launch its range of electric, self balancing two wheelers in India shortly. For this purpose, the ... Read more...

Posted in Business |

Ashok Leyland posts Rs.104 crore profit


January 31st, 2010 - 10:37 pm ICT by IANS
Chennai, Jan 31 (IANS) Commercial vehicle manufacturer Ashok Leyland has closed its third quarter ended Dec 31 with a net profit of Rs.104.63 crore on a turnover of Rs.1,815.53 crore as against ... Read more...

Posted in Business |

Toyota plans to sell 70,000 Etios cars a year in India


January 5th, 2010 - 1:41 pm ICT by IANS
New Delhi, Jan 5 (IANS) Vehicle manufacturer Toyota Kirloskar Motors (TKM) plans to sell 70,000 of its new compact car Etios in India every year. The new car is expected to be rolled ... Read more...

Posted in Business |

Ashok Leyland sales jump 103 percent


December 2nd, 2009 - 9:11 pm ICT by IANS
New Delhi, Dec 2 (IANS) Commercial vehicle manufacturer Ashok Leyland Wednesday reported a two-fold jump in its November sales. The auto giant sold 4,695 units last month, up 103.5 percent from 2,307 ... Read more...

Posted in Business |

Ashok Leyland half-yearly net falls 18 percent


October 30th, 2009 - 8:13 pm ICT by IANS
Chennai, Oct 30 (IANS) Commercial vehicle manufacturer Ashok Leyland Friday said its profits in the first half this fiscal fell 18 percent to Rs.96 crore, as compared to Rs.117 crore earned in ... Read more...

Posted in Business |

Pantnagar plant to be ready by April, says Ashok Leyland


October 1st, 2009 - 9:38 pm ICT by IANS
Alwar (Rajasthan), Oct 1 (IANS) Commercial vehicle manufacturer Ashok Leyland says it has not whittled down investments planned for this fiscal on account of the economic slowdown, and denied it had put ... Read more...

Posted in Business |

Ashok Leyland first quarter net profit dips 84 percent


July 27th, 2009 - 8:10 pm ICT by IANS
Mumbai, July 27 (IANS) The net profit of Hinduja group's flagship company and commercial vehicle manufacturer Ashok Leyland declined 84 percent to Rs.7.77 crore (Rs.77.7 million) in the first quarter this fiscal ... Read more...

Posted in Business |

Ashok Leyland to hive off design engineering unit


July 3rd, 2009 - 3:18 pm ICT by IANS
Chennai, July 3 (IANS) India's second largest commercial vehicle manufacturer Ashok Leyland is looking to spin off its design engineering unit Defiance Technologies into a group company, Defiance Tech Ltd, an official ... Read more...

Posted in Business |

Tata extends deadline on Jaguar Land Rover bridge loan


May 28th, 2009 - 1:34 pm ICT by IANS
New Delhi, May 28 (IANS) Passenger and heavy vehicle manufacturer Tata Motors has extended the maturity deadline on a bridge finance of $1 billion raised for financing the Jaguar Land Rover (JLR) ... Read more...

Posted in Business |

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