Ouchmytoe Auto

Japanese auto major Toyota on Wednesday said it could launch a small car in India within two years and its second plant may come up at the existing location in Bangalore. More
Courtesy:economictimes.indiatimes.com

The Madurai-based TVS Srichakra Ltd on Tuesday launched its new range of tyres for two and three-wheelers in western India in a bid to increase its turnover by over Rs 100 crore this year.
These tyres were launched, for the first time in India, at Kochi, nearly two weeks ago, Mr S. Balasubramanian, Executive Vice-President (Operations […]

Tata Motors on Wednesday informed the Calcutta High Court that it would pay West Bengal Industrial Development Corporation (WBIDC) an amount in the region of Rs 1,000 crore in a phased manner for the Singur land lease of 90 years for its small car project.
Stating that the land in Singur for the project was not […]

A year from now, you could buy a car online. The Internet is revolutionising the auto business in the country. Over 40 per cent of prospective car buyers do their research on the Internet before buying a car.
“Online car selling will begin 12 months from now,” said Mr Sanjay Soni, Managing Director, Logix Microsystems, launching […]

The Indian joint venture of Japan’s Nissin Kogyo Co Ltd is investing about Rs 2.4 billion ($58 million) in a manufacturing facility in Rajasthan to tap the fast-growing auto market.
Nissin Brakes India Pvt Ltd said on Tuesday the plant would begin commercial operations by the last quarter of 2008. It will have an annual capacity […]

The first of Chrysler’s next-generation minivans has rolled off an assembly line, a critical launch for the automaker as it tries to remain the dominant player in the minivan segment and struggles to return to profitability.
“This minivan is the kind of great product that sets Chrysler apart,” Chrysler LLC President Tom LaSorda told hundreds […]

Facing a sharp fall in supplies to different automobile manufacturers, the component industry is now rolling back its expansion plans.
The falling demand for car, trucks and two wheelers has forced original equipment manufacturers (OEM) like Tata Motors, Hyundai Motor, Ford India, Bajaj Auto, TVS Motors, Force Motors, Yamaha Motor and Kinetic Motors to cut production […]