| News
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| Tata Receives Additional Land for Manufacturing Nano at Uttarakhand |
| 30-12-2008 | http://www.carazoo.com/autonews |
Tata Motors receives an additional land from the Uttarakhand Government to boost the production of the Nano.
The company has received about 45 acres of land at its Pantnagar facility after a meeting with the state Chief Minister Mr. B. C. Khanduri. ...
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| Hyundai production 8% lower than target |
| 30-12-2008 | http://www.indiacar.net/news/n99347.htm |
New Delhi, Hyundai Motor India Ltd on Monday said it expected to close the current calendar year producing 4.85 lakh units, 8 per cent lower than the 5.3 lakh units it had originally planned. The company said the slump in the demand in the European markets lowered its first shipment for i20 to 15,000 units as against an order book of 30,000 ...
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| Hyundai rolls out i20 in 3 variants |
| 30-12-2008 | http://www.indiacar.net/news/n99349.htm |
NEW DELHI: Following the success of the i10, Hyundai Motor India today launched its latest model ? the i20, a premium compact car -- for its discerning Indian costumers. The premium i20 hatch is a significant addition to the new generation of Hyundai vehicles identified by the 'i' prefix. ...
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| GM India cuts production by 10%; extends annual plant closure |
| 29-12-2008 | http://auto.indiamart.com/auto-news/ |
New Delhi: Taking advantage of an extended annual plant maintenance shut down, General Motors India is cutting down production by up to 10% from its two plants — at Halol in Gujarat and at Talegaon in Maharashtra — as the auto mart reels under a demand slump.New Delhi: Taking advantage of an extended annual plant maintenance shut ...
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| Bush White House Agrees to Auto Bailout |
| 20-12-2008 | http://www.carseek.com/news/december2008/White-House-bails-out-carmakers/ |
After two failed attempts to get emergency bridge loans from Congress, General Motors and Chrysler LLC received good news today when President George W. Bush announced as much as $17.4 billion in immediate aid to stave off the collapse of the companies.
Before month's end, Chrysler will receive $4 billion with ...
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| Honda Plans an Entry Level Car |
| 19-12-2008 | http://www.cartradeindia.com/car-bike-news/honda-plans-an-entry-level-car-110677.html |
Honda Motor Co, Japan’s second largest car maker, plans to enter the small car market in India to meet the demand from the country as well as the other emerging countries. It aims to develop an entry level car below the Fit model in two to three years.
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| Toyota Delays Plans for India |
| 15-12-2008 | http://www.cartradeindia.com/car-bike-news/toyota-delays-plans-for-india-110665.html |
Toyota Motor Corp. has postponed increasing its production capacity in India as well as in Brazil. The company intended to increase its capacity in India tenfold to an additional 60,000 units by 2015. India is Asia’s fourth largest car market where Toyota still has to capture a larger market share and make its presence felt in a bigger ...
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| Pelosi Hopeful Auto Aid Package Will Pass |
| 10-12-2008 | http://www.carseek.com/news/december2008/auto-aid-bill-progresses/ |
Speaking to reporters on Monday, December 8, House Speaker Nancy Pelosi said she was "encouraged" about the ongoing negotiations to craft a $15 billion emergency loan package for General Motors and Chrysler LLC.
The draft of a bill being considered yesterday would give the president the authority to select one ...
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| Perino Outlines White House Criteria for Auto Bailout |
| 09-12-2008 | http://www.carseek.com/news/december2008/perino-outline-bailout/ |
According to a report by Harry Stoffer for Automotive News, the Bush White House is calling for a proposed government overseer charged with ensuring proper restructuring for the long-term viability of the Detroit Big Three to be vested with powers to compel bankruptcy proceedings.
The Bush administration's criteria in the negotiations ...
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| Outlook for Auto Industry Bailout Pessimistic |
| 08-12-2008 | http://www.carseek.com/news/december2008/pessimism-for-auto-bailout/ |
After hearing testimony from American automotive executives on Thursday, December 4, lawmakers voiced a range of reactions to a potential bailout of the floundering industry.
In an article for the New York Times, David M. Herszenhorn described their responses as expressions of built-up anger, worries over the potential burden to ...
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| Wagonr Changes Tone in Second Round of Senate Hearings on Automotive Aid |
| 05-12-2008 | http://www.carseek.com/news/december2008/GM-CEO-Senate-hearings/ |
Speaking today before the Senate Banking Committee General Motors CEO Rick Wagoner, in an apparent act of contrition, said, "We made mistakes," and failed to construct a flexible operation able to quickly transition to the production of small, fuel efficient vehicles.
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| Shares in GM Decline for 5th Day |
| 12-11-2008 | http://www.carseek.com/news/november2008/Shares-in-GM-Decline/ |
In a report by Mike Ramsey for Bloomberg, analysts from Buckingham Research Group said only federal aid will serve to prevent the collapse of General Motors, with shares in the country's largest automakers now at 1946 levels after declining sharply for five days straight.
A credit analyst with Fitch Inc. quoted in the article said, ...
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| Auto Industry in Desperate Need of Federal Loans |
| 11-11-2008 | http://www.carseek.com/news/november2008/Big-Three-face-bankruptcy/ |
In a story for Automotive News, David Sedgwick analyzes the state of General Motors, Ford, and Chrysler, concluding that without a federal bailout in the next quarter, all will "face a financial collapse that could drag down suppliers, dealers and even import automakers."
The CEOs of the Detroit Big Three went to Congressional leaders ...
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| Ford Posts $3 Billion Third Quarter Loss |
| 10-11-2008 | http://www.carseek.com/news/november2008/Ford-posts-3-billion-dollar-loss/ |
For the third quarter, the Ford Motor Co. reported an after-tax operating loss of $3 billion, leading the company to initiate new cost cuts and production drawbacks as consumers continue to be shut out of tight credit and to eschew new purchases on fears of deepening recession.
During the same time period in 2007 Ford posted a loss of ...
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| Toyota Suffers Rare Loss Because of U.S. Market Woes |
| 07-11-2008 | http://rumors.automobilemag.com/6334912/news/toyota-suffers-rare-loss-because-of-us-market-woes/index.html |
Toyota Motor Company is being sent into crisis mode this week as profits in both North America and around the world have plummeted. The automaker now expects its global operating market to sink 73.6 percent, resulting in a mere $5.83 billion profit for the current fiscal year.
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| The Hybrid Car Battery: A Definitive Guide |
| 07-11-2008 | http://www.hybridcars.com/hybrid-car-battery |
Like all batteries, hybrid batteries have two electrodes (which collect or emit an electric charge) that sit in an ion-rich solution called the electrolyte. (An ion, by the way, is an atom or group of atoms with an electrical charge.)
The electrodes are typically very close, so a polymer film, called a separator, prevents them from ...
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| GM and Ford Poised to Report Staggering Third Quarter Losses |
| 06-11-2008 | In the first half of 2008, General Motors and the Ford Motor Co. tallied net losses of more than $27 billion, before the economic crisis that caused the lowest automotive industry sales in a quarter of a century. |
In the first half of 2008, General Motors and the Ford Motor Co. tallied net losses of more than $27 billion, before the economic crisis that caused the lowest automotive industry sales in a quarter of a century.
Both companies will divulge their third-quarter sales results on Friday, November 7. Analysts at Reuters Estimates expect each ...
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| President Obama’s American Hybrids |
| 06-11-2008 | http://www.hybridcars.com/incentives-laws/president-obama-american-hybrids-25229.html |
These words were a standard item in Candidate Obama’s stump speech:
...
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| Ford Sticks With Small Car Plans |
| 05-11-2008 | http://www.hybridcars.com/news.html |
Mulally’s assertion comes during a dramatic decline on fuel prices which have re-energized sales of larger SUVs and trucks. Ford has been touting its 2009 F-150 pickup truck with an aggressive advertising campaign focused on Sunday NFL games. Mulally, however, believes that the drop in fuel cost is temporary. “Prices are going to ...
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| October Automotive Industry Sales Figures Lowest in 25 Years |
| 04-11-2008 | http://www.carseek.com/news/november2008/october-auto-sales-grim/ |
As expected, sales figures for the auto industry for the month of October continued a sickening downward plunge of 32 percent, the worst performance decline in 25 years.
From their 2007 figures, General Motors was down 45.1 percent, Ford 32 percent, and Toyota 23 percent. Daimler AG and Honda each posted a 24 percent drop with Nissan, ...
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| Mahindra to unveil utility vehicle Ingenio under brand name 'XYLO' |
| 01-11-2008 | http://www.autoindia.com/News/auto-news-india1422. |
Mumbai, 31 October 2008: Mahindra & Mahindra Ltd. (M&M), country’s leader in utility vehicles, today announced that it would unveil the all new Mahindra XYLO (pronounced Zy-lo) in the current quarter.
The Mahindra XYLO is the brand name for Project Ingenio developed in-house by Mahindra, after the success of the ...
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| General Motors denies report on seeking help from Toyota |
| 30-10-2008 | http://www.autoindia.com/News/auto-news-india1420.html |
Struggling U.S auto giant General Motors Corporation (GM) dismissed as "pure speculation", yesterday's report that it had asked Japanese rival Toyota Motor Corporation for help to revive its business. ...
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| Volkswagen emerges as world's third largest automaker overtaking Ford |
| 01-09-2008 | http://www.autoindia.com/News/auto-news-india1321.html |
Frankfurt, 01 August 2008: Yet another sign of Detroit's waning influence, German-based Volkswagen Group has taken its place among the world’s top three automakers, thanks to the company’s outstanding delivery figures in the first half of 2008. ...
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| Tata invested Rs.1700 Crore to manufacture Nano. |
| 17-01-2008 | http://www.autoindia.com/News/NewsDetails.aspx?NewsId=816 |
In an exclusive interview with CNBC-TV18, Mr.Ravi Kant, Executive Director, Tata Motors said that they have invested Rs.1700 Crore to manufacture the Nano. According to Mr.Kant, for the next two or three years, the company’s focus will be on India and that they will consider export later. He added that Tata Motors has an extremely good ...
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| Small is beautiful |
| 25-08-2008 | Hindustan Times |
The cheapest car on the planet yet at $2,500 and the one the world waiting for. The car was showcased as a phenomenon in the auto expo in January and the hype has not subsided. Powered by a 623 cc petrol engine for starters it will also have the smallest engine to power a set of four wheels in the country. Expected debut in October. Bajaj ...
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| Cadillac to Bring Four-Cylinder Sedan to U.S |
| 25-08-2008 | http://www.carseek.com/news/august2008/Cadillac-four-cylinder-sedan/ |
Cadillac has announced plans to introduce a small, RWD sedan with a four-cylinder engine for late 2010 as a 2011 model, but the company remains undecided about including a V-6 version. The move comes in response to the high price of gasoline, growing environmental concerns, and the advent of new fuel economy standards that will go into effect in ...
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| Federal Loans Help US Automakers Retool To Build More Small Cars |
| 22-08-2008 | http://www.carseek.com/news/august2008/federal-loans-helping-auto-industry/ |
Federal Loans that are available to automakers thanks to the Energy Independence and Security Act of 2007 and more recent legislation, are a hot item lately, with the auto industry's need to quickly retool to increase the manufacture of smaller economy cars. Phasing out many truck and SUV models, the auto industry is in bad need of capital to ...
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| BMW Officially Partners with Fiat, Alfa Romeo |
| 25-07-2008 | www.automobilemag.com |
The German automaker today signed an agreement with Fiat Group to partner with future vehicle development.
BMW's looking to share most of the architecture for the third-generation Mini with Fiat. The same platform may also support a future variant of the Grande Punto hatchback, in addition to future interactions of the ...
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| California Mandates Display of Global Warming Score on New Vehicles |
| 25-07-2008 | www.hybridcars.com |
California wants you to consider greenhouse gas emissions when you buy your next new car. And to help you do that, they’ve revised their mandatory Environmental Performance label for all 2009 model-year cars. All new vehicles must display the modified sticker by January 1, but some could appear on cars as early as this ...
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| VW going green |
| 25-07-2008 | carwale.com |
Volkswagen will launch its first electric car, based on the ‘Up!’ concept in 2010. This is part of VW’s “Endeavour” to reduce the carbon dioxide emissions of its vehicles. ...
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| Chevrolet spark gets cheaper |
| 25-07-2008 | carwale.com |
The price of everything might be rising, but GM India s on a high, what with a new plant just about ready to begin production. They re offering takers a sweet deal on the baby of their range, the Spark. ...
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| Audi bullish on India, to launch sports car R8 |
| 25-07-2008 | Hindustan times Business |
Germany luxury car manufacturer Audi would launch its acclaimed spots car R8 in India in October-Novaember as it seeks to build the brand in this market, a company executive said. “We will launch R8 in October-November in the last quarter. We already have the first order (in India),” Audi India’s vice-president, marketing, ...
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| Hindustan Motors banks on new engines to boost Ambassador sales |
| 25-07-2008 | |
Hindustan Motors Ltd. Improves upon the power of Ambassador. The country's renowned car manufacturer, Hindustan Motors Ltd, hopes to sell around 12,500 Ambassador cars this fiscal, a senior company official said here on Friday.
Hindustan Motors rolls out the Ambassador fitted with petrol, diesel and compressed natural gas (CNG) engines ...
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| Tata Motors introduces fuel efficient buses |
| 25-07-2008 | Driveinside.com |
Tata Motors introduced a new range of 'Super Milo' bus chassis which delivers superior operating economies, priced at Rs 8.5 lakhs. The range comes with an engine warranty of two years or two lakh kilometres (whichever is earlier) and a chasis warranty of 1.5 years or 1.5 lakh kilometres.
The framework will be available in two ...
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| A joint venture of Bajaj Auto and Royal Enfeild |
| 25-07-2008 | Autonagar.com |
A patent row is brewing up between Bajaj Auto and Royal Enfield over twin-spark technology with the Pune-based firm insisting it would 'study' Thunderbird Twinspark 350 cc of the latter, despite claims of non-infringement.
At the AGM, Bajaj said his company was studying if Royal Enfield's Thunderbird Twinspark 350 cc bike violated their ...
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| Bajaj Auto to spend big on their upcoming cargo carrier |
| 25-07-2008 | India Broadband Forum |
Bajaj Auto the second largest two-wheeler manufacturers in India is now working on their first four wheeler product which would be a cargo carrier. The company has said that they plan to spend close to around 6.5 billion rupees over the next four years on this new vehicle.
Bajaj is expected to place this vehicle in direct competition to ...
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