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Dragged down by blue chip stocks following weakening Asian markets, a leading Indian stock market index Wednesday closed 0.66 percent lower after two consecutive days of gains.
Dragged down by blue chip stocks following weakening Asian markets, a leading Indian stock market index Wednesday closed 0.66 percent lower after two consecutive days of gains.
The 30-share benchmark […]

Sale of helmets is on the upswing with the government rule that comes into force June 1 that two-wheeler riders must wear helmets compulsorily in the cities of Chennai, Madurai, Tiruchi, Coimbatore, Salem and Tirunelveli. More
Courtesy:www.indiacar.net

Hinduja Group flagship Ashok Leyland said it is targeting to sell 500 used vehicles under its newly-launched Altrux brand.
The company, the first commercial vehicle manufacturer to foray into the sale of used vehicle space, was hoping to corner 15 per cent market share over the next three years in the business, company Special Director (Customer […]

Ashok Leyland has announced its entry into the pre-owned commercial vehicles market with Altrux in Kerala here on Wednesday.
Mr V.M. Hombali, Special Director, Customer Support Group, said at a press meet here on Wednesday, that
in Kerala Altrux would be marketed through TVS & Sons Ltd. They have a wide network of 15 outlets located in […]

The Indian trio of Bajaj, TVS and Hero Honda are on top of the Japanese trio of Honda, Suzuki and Yamaha.. what’s wrong with the Mighty Japs..?? Motorcycle Sales in India.
The picture on the left shows the motorcycle sales figures in India in April 2006-2007.
It is clear from the graph that the Indian trio […]

Piaggio Vehicles, the Indian arm of the $1.3-billion Italian transportation giant Piaggio, is setting up a diesel engine manufacturing plant near Pune. Piaggio would be investing E65 million in a backward integration project, over the next two to three years, which includes establishing the plant.
The Pune facility, with a capacity to produce 2 lakh engines […]

India’s biggest car marker, Maruti Udyog Ltd, said on Friday it sold 59,400 vehicles in May, up 11.2 per cent from 53,396 units a year earlier. More
Courtesy:economictimes.indiatimes.com

Maruti Udyog Ltd sold 55,952 vehicles in the domestic market in May, up 10% from 50,904 vehicles sold in same month last year.
Total sales in May stood at 59,400 vehicles, including 3,448 units of exports, India’s leading car maker said.
Volume in the domestic C segment grew by 22.7%, the company said. More
Courtesy:economictimes.indiatimes.com

The $1-billion Amtek Group’s flagship Amtek Auto is close to acquiring the foundry business of the UK-based auto component major JL French Castings. The deal is estimated between Rs 150 crore and Rs 160 crore and includes the company’s operations in Whitham in the UK.
More
Courtesy:economictimes.indiatimes.com