| India's small car market drives the global biggies | 09-NOV-09 |
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| Honda has named India the "lead country" for its global small car which is expected to debut in two or three years. This is part of the Japanese automaker’s strategy to create models for lead countries and modify them appropriately for other global markets. For example, Japan was the lead country for the Jazz. |
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| Companies' Q2 results show healthy rise in net profit | 26-OCT-09 |
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| The 452 companies that have so far declared their financial results for the quarter ended September have posted a healthy 28.5 per cent rise in net profit, but only a single-digit growth of 3 per cent in net sales. |
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| Setback for UP auto industry | 26-OCT-09 |
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| The state’s automobile industry, already battered by the global meltdown, has received yet another setback after the state government decided to raise the transport registration fee, ranging from Rs 5,000 to Rs 50,000, depending upon the nature of vehicles. The tax slab in Uttar Pradesh is already higher than some neighbouring states, forcing customers to move there. |
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| Toyota to hire 2,000 workers in India | 22-OCT-09 |
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| Toyota Motor Corp, which runs its Indian operation through a joint venture — Toyota Kirloskar Motor — with the Kirloskar Group, is constructing the second plant at its Bangalore facility with an investment of Rs 3,200 crore to manufacture the small car. |
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| Can sever ties with any partner, including M&M: Renault | 21-OCT-09 |
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| Hinting the biggest drop that all is not well in its partnership with Mahindra & Mahindra (M&M), French auto major Renault today said if things did not work out, it can sever ties and may even drive in its new product in India with a different partner. |
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| Festive demand clears automobile stocks | 21-OCT-09 |
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| The Diwali period has been very good in sales for car and bike dealers. Many authorised dealerships, including those of Maruti Suzuki, Hero Honda, Bajaj Auto and Hyundai Motors, reported speedy exhaustion of stock, despite all companies keeping inventory as high as possible. |
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| Kanika Datta: Growth and obsolescence | 15-OCT-09 |
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| The first car I owned was a 1963 model Standard Herald bought third-hand (as far as I know) for a princely sum of Rs 8,000. It had almost completed a quarter-century on Indian roads when I acquired it, and provided another six years of sterling service before, incredibly, it found a fourth owner (or sucker, if you go by Akerlof’s theory of “information asymmetry” in markets). |
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| Porsche expects 20% sales jump in India | 06-OCT-09 |
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| An expected dip in its global sales notwithstanding, luxury car-maker Porsche is hoping for a nearly 20 per cent jump in sales in India this year. Working towards that direction, the company had earlier introduced the premier sedan, Panamera, in the country in the price range of Rs 1.4-2.05 crore. |
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