Archive for June 12th, 2007
Courtesy:auto.indiatimes.com
During April-May 2007, growth was visible in motorcycles with engine capacities between 125 cc and 250 cc. This segment, which includes Bajaj Pulsar and Discover and Hero Honda CBZ, grew 13% to reach 2.18 lakh units. In the overall two-wheeler segment, the sub-75 cc segment, which includes TVS’ Scooty Pep, grew 21% on a cumulative basis for April-May with 67,235 units.
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Courtesy:economictimes.indiatimes.com
GM looking at SAARC nations for exports
Published June 12th, 2007 in General motors India. 0 CommentsThe company has already lined up dealers in Nepal and Bangladesh and would soon sign an agreement with one in Sri Lanka. However, its priority would be consolidating the domestic market, General Motors India President and Managing Dirctor Rajeev Chaba told a press meet.
General Motors India also launched the Optra Diesel luxury Sedan and Chevrolet Spark Mini car in Kerala market. More
Courtesy:www.indiacar.net
Auto Video: Chevrolet Volt Concept
Published June 12th, 2007 in Chevrolet India and Escorts. 0 CommentsThe Shanghai-based firm will buy a 50 per cent stake in Shanghai Huizhong Automotive Manufacturing, an assembler of commercial heavy trucks and buses, for 1.205 billion yuan, a company statement said. It also said it would pay 270 million yuan for a 50 per cent stake in Shanghai Wanzhong Automotive Components Co. More
Courtesy:economictimes.indiatimes.com
Auto-industry growth has slowed to 6.55% for the second consecutive month on account of rising input costs and high interest rates on auto loans, report Business Standard.
According to data released by the Society of Indian Automobile Manufacturers (SIAM), passenger car sales growth and two-wheeler sales have been the hardest hit. More
Courtesy:www.indiacar.net
Ford Motor Co is planning to expand its range of hybrid vehicles beyond the Ford Escape but sees deep-seated engineering problems facing the launch of a new generation of rechargeable electric cars, an executive said on Tuesday.
Nancy Gioia, who heads Ford hybrid and “sustainable” vehicle programs, said the automaker planned to offer more full hybrids - beyond the Ford Escape sport utility vehicle and its more upscale version, the Mercury Mariner. More
Courtesy:economictimes.indiatimes.com
GM India to appoint more dealers
Published June 12th, 2007 in Chevrolet India and General motors India. 0 CommentsEnthused over the response to its hatchback Chevrolet ‘Spark’, General Motors India on Monday said it is considering appointment of more dealers in the country.
General Motors Director (Operation) Sanjiv Garh told a press conference here that at present the company had 78 dealers and this would progressively go upto 160 in two years. More
Courtesy:www.indiacar.net
