Archive for August 13th, 2008

Honda to roll out new City in September

Wednesday, August 13th, 2008

Honda is planning to change the rules of the sedan game with the launch of its next-generation City, the most popular mid-size car in India. The new City-2008, loaded with a host of jazzy features, will hit the market by mid-September. Sources, however, say that the new avatar will be pricier than the current version.
Honda’s […]

JBM Auto to invest Rs 410 cr to set up three greenfield units

Wednesday, August 13th, 2008

Auto component manufacturer JBM Auto is planning to invest about Rs 410 crore in setting up three greenfield plants over the next two years, as it eyes a revenue of Rs 800 crore by 2011.
As part of the expansion plan, JBM Auto has entered into joint ventures with Italian component maker Magneto, Hinduja Group flagship […]

Govt support wanting, says Hyundai

Wednesday, August 13th, 2008

The Managing Director of Hyundai Motor India Ltd, Mr H.S. Lheem, on Tuesday rued that neither the Centre nor the Tamil Nadu Government was supportive of the company�s export efforts.
While answering questions at a discussion on globalisation organised here by the Confederation of Indian Industry, Mr Lheem said the Government was not ready for globalisation. […]

Hyundai’s Rs 300 cr heavy equipment plant to begin production

Wednesday, August 13th, 2008

Hyundai Construction Equipment India, subsidiary of Korea’s Hyundai Heavy Industries on said its Pune-based plant would begin production from this month.
“The greenfield construction equipment plant is nearly ready at Pune being constructed at a cost of Rs 300 crore. more
Courtesy: economictimes.indiatimes.com