Archive for January 3rd, 2008
Carmaker, Maruti Suzuki (Q, N,C,F)* India announced its Decmber sales on Wednesday (January 2).The company sold 62,515 vehicles in December 2007, registering a 10% rise from 56,985 vehicles sold in the same month last year.
It recorded 7% increase in sales at 58,401 vehicles in the domestic market in December 2007 as compared to 54,640 vehicles […]
M&M raises prices across models, spares Logan
0 Comments Published January 3rd, 2008 in Mahendra&Mahendra.
Carmaker Mahindra and Mahindra on Thursday said it would increase prices across all its models in a range of Rs 1,000-10,000.
The company has, however, kept its entry-level sedan Mahindra Renault Logan out of the purview of the price rise. Read more
Courtesy:economictimes.indiatimes.com
Tata Motors` Dec. sales drop 2%; Export rises 16%
0 Comments Published January 3rd, 2008 in Tata Motors.
Leading automaker, Tata Motors reported a total sale of 47,678 vehicles (including exports) for the month of December 2007, a decline of 2% compared to 48,757 vehicles sold in December last year. Cumulative sales for the company were flat at 4,06,929 units.
Commercial Vehicles
The company`s sales of commercial vehicles in December 2007 in the domestic market […]
Luxury car maker Audi on Thursday said it has started production of its mid-size sedan A6 at its Aurangabad facility in Maharashtra following which the model will become cheaper by Rs 1.4-2.1 lakh.
The company is also investing 30 million euros (about Rs 180 crore) in Aurangabad to have a capacity of 2,000 A6 units […]
M&M has posted winning results for the quarter-ended Sep. 07. It has reported net sales totaling to Rs 28,023.95 million in the quarter ended Sep. 07 compared to the figure of Rs 24,905.01 million posted in the corresponding quarter last year. The operating profit of the company has shown a tremendous growth of 38.39% on […]
Ford names Tata as preferred bidder for Jaguar, Land Rover
0 Comments Published January 3rd, 2008 in Tata Motors.Tata Motors was on Thursday named the preferred bidder for Ford’s British marquees Jaguar and Land Rover, but a final decision for the sale was yet to be taken.
“Ford is committed to focused negotiations at a more detailed level with Tata Motors concerning the potential sale of the combined Jaguar, Land Rover business,” Premier Automotive […]
Maruti, Hyundai, GM power ahead in sales
0 Comments Published January 3rd, 2008 in Hyundai Motors, General motors India, Maruti Suzuki.The automobile industry ended 2007 with a mixed bag with some passenger car companies such as Maruti and General Motors reporting a surge in sales and two wheeler companies continuing to witness falling volumes.
Maruti Suzuki India reported a 6.9 per cent increase in sales during December in the domestic market at 58,401 units. Led by […]