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Sonalika mulls to roll out luxury sedan
Sonalika Group, which is actually a firm which makes engine component and, agricultural equipments is all set and prepared to make its entry in to the Indian Car Market, with its luxury sedan. Sonalik
Government contemplates to set up 10 recycling plants for used cars by 2014
With increasing number of low-budget cars and positive shift in purchasing capacity of Indians today, we observe rise in the vehicle population which leads to the problem of old and unusable vehicles.
Ashok Leyland scraps small car plan
Ashok Leyland has finally made its decision and shelved the compact car venture. This firm with its partner, Nissan had previously decided to bring out a new small car in the Indian Auto Market, but n
Diesel dual pricing leave carmakers in despair
The Government’s decision to free the LPG and diesel prices from subsidies, has caused a major concern among the carmakers. They opine that any change in the Government's policy concerning the subsidi
Auto cos' open cafes, lounges to ramp up car sales
Desperate car makers are trying every possible method to jack up their otherwise slumped sales and have now come up with yet another brilliant idea. Here is a good news for explorer of food and cars i
Government mulls to remove subsidy on diesel
The Union Finance Minister Mr. Pranab Mukherji, in response to a debate on fuel price rise in Lok Sabha, stated that they would consider the opposition’s suggestion and try to work on a suitable mecha
Government may withdraw subsidy on diesel for cars
Government of India has reportedly made an unexpected announcement that it might withdraw subsidy on diesel for cars. The decision perhaps has been mulled over in view of the fact that passenger cars
Car recycling unit at GARC Chennai kicks off
The de-licensing of the Automobile industry in 1991 has triggered an increase in car population in India exponentially. With rapidly increasing population of new cars there is concurrently need for mo
Goodyear India receives ‘Superbrand’ Status
Goodyear India Ltd, one of the world’s leading tyre manufacturers was accorded the 'Superbrand' status at an awards ceremony held in New Delhi today. The award was received by Mr. Rajeev Anand, Vice C
India car sales continues downward trend
As per a report by Crisil research, the July car sales in India have tumbled down by 15%, which is a bad sign against the growth of around 38% in July 2010. The major reason of this down fall in July
Goodyear Reports Higher Second Quarter Earnings on 24% Sales Growth
The Goodyear Tire & Rubber Company today reported record sales and higher earnings for the second quarter of 2011.“I’m very pleased with our outstanding second quarter results, which represent another
New US standards to spurt sales of small cars
Recent years have witnessed India emerging as one of the largest producer of small cars throughout the world. Especially after the legendary company Tata Motors launched Tata Nano integrated with all
Auto Cos' review expansion plans
The Society of Indian Automobile Manufacturers (Siam) has expressed its concern that the Indian auto market may witness a fall in any new investments other than those already planned. Primary reasons
Anand Mahindra joins International Advisory Council of Economic Development Board of Singapore
Mr. Anand Mahindra, Vice Chairman and Managing Director, Mahindra Group, has been invited to join the International Advisory Council (IAC) of the Economic Development Board (EDB) of Singapore. Past me
Surging interest rates, fuel price may dent car sales in July
The Indian Auto mobile sector is continuously witnessing a slowdown from 2010 and it is expected that the sluggish growth will continue in 2012 as well. This decline in the growth curve of the Indian
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