Ouchmytoe Auto

Tesco Plc , Britain’s largest supermarket chain, rang in a record 2.55 billion pounds ($5.1 billion) annual profit on Tuesday and doubled the amount of cash it plans to return to shareholders.
The world’s fifth-largest retailer said it expected to return at least 3 billion pounds from property sales to investors, up from 1.5 billion previously […]

The General Motors Chairman and CEO, Mr Rick Wagoner, who is visiting India after seven years and met with the Prime Minister and industry bodies here, said that the company would source from India components worth $1 billion annually over the next four-five years. Mr Rick Wagoner said General Motors would seek to leverage the […]

Chennai Rubber Tyre companies have joined issue with the United Planters’ Association of Southern India (Upasi) opposition to any change in import tariff on rubber.
“With customs duty of 10 per cent on Rubber tyre, the levy on natural rubber (20 per cent) is disaligned to Centre’s principle of having lower duty on raw materials […]

General Motors Corp is looking at a “multiple increase” in auto parts sourcing from India, General Motors Chief Executive Rick Wagoner said on Tuesday.
Rick Wagoner also said India would be the world’s second-fastest growing auto market over the next decade.
“Half of (the population) is under 25 years, so there are a lot of potential […]

Intensifying price war in the small car segment, world’s biggest car maker General Motors today launched its hatchback Chevrolet Spark in India with a starting price of Rs 3.09 lakh - nearly Rs 12,000 cheaper than its closest competitor Maruti Suzuki’s Zen Estilo.
Chevrolet Spark, equipped with a 1000 cc petrol engine, would be available in […]

Japanese truck maker Isuzu Motors Ltd. on Tuesday denied a newspaper report that it was in talks with India’s Hero group for a venture in India. Earlier, it had been reported the Japanese firm Isuzu Motors Ltd was in talks with the Hero group to make four-wheelers in India.
There were “absolutely no such talks” with […]