The Corona Virus outbreak in China has led to restrictions on movement of people and business activities in many provinces of China, in order to control the spread of virus. The closure of factories in China may affect Indian industries, which import components, intermediaries and raw materials from China like …
Rising interest rates, fuel prices force consumers to tighten purse strings Domestic car sales fell for the third straight month in June, its lowest in 27 months, prompting the industry body to scale back the year
The Society of Indian Automobile Manufacturers has downgraded the auto sales growth outlook for 2011-12 to 11-13 per cent on the back of a moderation in growth seen in the first quarter of the fiscal. Sales in the first three months of the fiscal have been impacted by a negative …
Global consumer products makers relying on Asia Pacific and Latin America to make up for flat sales in US and Europe Consumer durables, automobiles, food and personal care products have the maximum growth potential in the country as multinationals shift focus to Asia Pacific and Latin America to drive up …
While the number of auto rickshaws is increasing in the city, the State Transport Authority appears to be busy in maintaining its figures, pertaining to checking pollution caused by the autorickshaws, mainly the ones that run on diesel. The STA challaned 666 autorickshaws, in 2010, for violating pollution norms. This …
When it comes to caring for the greens, there is no stopping the Tatas. At least, the string of awards says so. The Jamshedpur plant of Tata Motors Limited has added another feather in its cap by bagging the Golden Peacock Environment Management Award, 2011. The automobile major, which also …
Car manufacturers rejig strategy, plan to add more CNG variants to line-up Those who loved petrol, scoffed at it, and those who admired diesel ridiculed it as its poor cousin. But no more. Increasingly worried over frequent rise in the prices of petrol and diesel, car buyers have fallen in …
At a time when the Indian automobile industry is strongly opposing lowering of import duty in the proposed India-EU FTA, Tata group chief Ratan Tata has favoured cutting tariff on vehicles and components coming from overseas. In an interview to the market research firm JD Power, Tata said such high …
Carmakers rush to court buyers with cheaper finance options to rev up sales of petrol cars as rising petrol prices have fuelled demand for diesel products. While interest rates on auto loans have risen to as high as 12.5%, they are lower by up to 2% for petrol cars. Multinational …
Just months after exiting its successful two-wheeler joint venture with the Hero Group, Honda Motorcycles and Scooters India (HMSI) announced on Thursday expansion plans with the setting up of a third factory in Karnataka. This will take its production capacity to four million units by early 2013. Market leader Hero …
Two Pune-based businessmen, dealing in electrical goods, have designed a solar-powered bike that can run upto to a distance of 250 kilometres on a sunny day. According to the the uncle-nephew duo Ayubkhan Pathan and Imrankhan Pathan, the bike can also be used to run electrical appliances like fan, computer …
New Delhi:Many auto unions decided to call off their plan to go on strike after a meeting with transport minister Arvinder Singh on Thursday evening. This comes after 14-odd auto unions of Delhi had threatened to go on strike over the installation of Global Positioning System (GPS) in autorickshaws. However, …
New Delhi: Commuters can expect some tough times ahead with the autorickshaw unions threatening to go on strike from Thursday night and the government refusing to change its stance. The latter is firm on its decision to install GPS devices in autos. On Wednesday, transport minister Arvinder Singh said the …
Enthused by the emergence of the NCR sub-region of Bhiwadi- Neemrana-Alwar as a major automobile manufacturing hub in the country, the Rajasthan Government is considering a special package to the sector. The area has already attracted investments from the Japanese auto majors including Honda, and the Rajasthan State Industrial Development …
Neither the DDA nor the Traffic Police can be blamed if housing colonies are filled to capacity with parked cars. The residents of BB Block in Jankapuri discovered this when they turned to the RTI Act after many appeals to both the agencies went unanswered. In an RTI reply to …
Car sales increased at the slowest pace in nearly two years last month, pulled down by rising prices, loan rates and fuel costs. Domestic car sales rose 13% year-on-year to 1.62 lakh in April, the slowest growth since June 2009, according to data released by the Society of Indian Automobile …
RPG Group company Phillips Carbon Black Ltd (PCBL) is planning to set up its biggest unit in Tamil Nadu and SIPCOT authorities have allotted 60 acres in-principle at SIPCOT industrial park Thervoy Kandigai, Chairman Sanjiv Goenka said. Addressing a press conference to announce the company's results, he said environmental clearances …
Government is over-charging for the gadget: Petitioners The Delhi High Court on Tuesday stayed a Delhi Government notification for installation of GPS in auto-rickshaws and demanding Rs.15,000 from their owners as installation cost. Justice Indermeet Kaur stayed the notification on a petition by about 200 auto-owners, submitting that the Government …
Toyota March output down 62%; risks sliding down to world number 3 this yr Toyota Motor Co may slip to number three in the auto maker production rankings behind General Motors and Volkswagon due to Japan
