Archive for June 13th, 2007
Auto Video: Fiat 500 Alfa Porsche Detroit - FastLaneDaily - 12Jun07
Published June 13th, 2007 in Fiat India. 0 CommentsNippon Steel, Toyota agree to steel hike: Media
Published June 13th, 2007 in Toyota India. 0 CommentsJapan’s biggest steelmaker and its biggest automaker - whose agreements serve as the industry benchmark - are also likely to agree to a price rise of around 5 per cent for steel sheet used to make car bodies, the paper said.
Steel companies and automakers as a policy do not comment on price negotiations. More
Courtesy:www.indiacar.net
Toyota takes No 1 slot, but when did GM lose the race?
Published June 13th, 2007 in Toyota India and General motors India. 0 CommentsDetroit-based weekly Automotive News, whose data centre publishes a widely quoted ranking of the world’s automakers around this time every year, said Japan’s top carmaker outsold GM by about 1,28,000 units last year based on a technicality that excludes sales of vehicles at minority-held subsidiaries.
“A little-known Chinese microvan played a role in Toyota’s victory,” the magazine, published by Crain Communications, said on its website. More
Courtesy:www.indiacar.net
HMSI’s President and CEO Shinji Aoyama, who assumed office earlier this month, said the company’s new 100 cc model could be positioned slightly higher than the existing ones in the market and sport a premium price tag. More
Courtesy:economictimes.indiatimes.com
Ford is understeood to have hired investment bankers to help sell Jaguar and Land Rover, which together employ 19,000 workers in Britain.
A spokesman for Prime Minister Tony Blair told reporters on Tuesday that the government was “in touch” with Ford.
Ford has yet to confirm a story in the Financial Times that the ailing US company had instructed investment bankers at Goldman Sachs, Morgan Stanley and HSBC to sell the brands.
More
Courtesy:www.indiacar.net
Luxury car maker Audi on Wednesday said it has commenced its operations in India by establishing a sales office in the country.
The German car manufacturer would operate in India as a division of Volkswagen Group Sales India Pvt Ltd and would be based in Mumbai, Audi said in a statement.
The company’s board has appointed Benoit Tiers as Managing Director for Audi India. More
Courtesy:economictimes.indiatimes.com
Toyota develops more fuel-efficient engine system
Published June 13th, 2007 in Toyota India. 0 CommentsJapan’s Toyota Motor Corp said on Tuesday it had developed a next-generation engine valve mechanism that can improve the fuel efficiency of petrol-powered vehicles by about five to 10 per cent.
The new system also reduces carbon dioxide emissions, boosts engine output by at least 10 per cent and enhances acceleration responsiveness, the Japanese auto giant said in a statement.
More
Courtesy:www.indiacar.net
Toyota sells 140 units of Corolla limited edition
Published June 13th, 2007 in Launches and Toyota India. 0 CommentsAuto major Toyota Kirloskar on Wednesday said it has sold 140 units of its premium hatchback Corolla limited edition within 20 days of its launch.
The company was marketing Corolla limited edition through non-conventional marketing modes and had started a website - www.corollalimited.com - to take bookings for the car. More
Courtesy:economictimes.indiatimes.com
Toyota tops GM in 2006 global sales: Report
Published June 13th, 2007 in Toyota India and General motors India. 1 CommentToyota Motor Corp edged past General Motors Corp to become the world’s biggest automaker by sales volume in 2006, leading industry paper Automotive News said. The Automotive News Data Center, which publishes a widely quoted annual ranking of the world’s automakers, said Japan’s top carmaker outsold General Motors by about 128,000 units, with 8,808,000 units, when stripping out commercial vehicles built by a General Motors affiliate in China. More
Courtesy:www.indiacar.net
