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Monday, Nov 23, 2009
 
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Hyundai to invest Rs 800 cr on small car for India17-NOV-09
South Korean car maker Hyundai will invest around Rs 800 crore to develop a small car for the Indian market that is likely to be launched in the next two years.
Steel Strips Wheels bags order from Renault12-NOV-09
Auto ancillary company Steel Strips Wheels today said it has received an order from European car maker Renault for supplying steel wheel rims, that would fetch the Indian company about euro 28 million (about Rs 195 crore).
Ford launches special edition of Fiesta06-NOV-09
US car maker Ford today launched a special edition of its mid-sized sedan Fiesta in the country, priced at Rs 6.44 lakh (ex-showroom, New Delhi).
Audi sales jump 8% in October04-NOV-09
Luxury car maker Audi India today reported 8.41 per cent increase in its sales in October at 116 units over the same period last year.
GM scraps Opel sale; to embark on European biz restructuring04-NOV-09
Citing better business conditions, US car maker General Motors has scrapped plans to sell its European operations, including Opel, and will initiate restructuring efforts worth billions of dollars of the same.
Ford India October sales jump 98.28%02-NOV-09
Car maker Ford India today reported 98.28 per cent jump in its October sales at 3,458 units.
Maruti Suzuki net profit jumps over two-fold at Rs 570 cr24-OCT-09
The country's largest car maker, Maruti Suzuki India, today reported nearly two-fold jump in its net profit for the second quarter of FY'10 at Rs 570 crore.
Volkswagen to launch Polo in H1 2010, Beetle, others to follow21-OCT-09
German car maker Volkswagen plans to launch its Polo model in the first-half of 2010 followed by a slew of others, a top company executive said today.
Toyota to launch hybrid car 'Prius' in India21-OCT-09
The world's largest car maker, Toyota, today said it will launch its hybrid car 'Prius' in India early next year.
Ford to hire 1,000 as part of expansion plan24-SEP-09
Car maker Ford India today said it will hire 1,000 people as part of the expansion plan of its manufacturing unit here, which will be completed by next year.
Chinese car maker BYD aiming to zoom past Toyota17-SEP-09
Fast-growing Chinese battery and automaker BYD Co is thinking big, really big. It aims to overtake Toyota Motor Co to become the global auto leader in under two decades, company officials say.
Indian firm Reva eyes European electric car market17-SEP-09
Indian car maker Reva unveiled two electric cars at the Frankfurt motor show this week and announced the launch in Europe of one model in early 2010 as the buzz for electric vehicles grows louder.
Car makers revise targets after surprise growth08-SEP-09
Passenger vehicle manufacturers are hopeful of achieving a double-digit sales growth for the current financial year. Earlier, the sales outlook for cars and utility vehicles was pegged at 5-6 per cent for 2009-10 by the Society of Indian Automobile Manufacturers (Siam).
Audi August sales jump 69%01-SEP-09
German luxury car maker Audi today reported 69.31 per cent increase in its sales at 171 units in August in India, compared to 101 units in the same month last year.
Maruti Suzuki aims over 10% jump in FY10 sales25-AUG-09
"I think, we should reach 8 lakh units sales in this fiscal and that is our target. This will be a growth of over 10 per cent compared with last fiscal," Maruti Suzuki India (MSI) Managing Director and CEO Shinzo Nakanishi told reporters here.
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