Tyre makers and other rubber users have asked the government to scrap the anti-dumping duty on synthetic rubber and curb exports of natural rubber to tame high prices that are crippling the industry, officials said. Prices of all the raw materials like natural rubber, carbon black, rubber chemicals have gone up. The industry is in […]
At a time when car sales have started moving southward for the first time in nearly three years, country’s largest carmaker Maruti Suzuki is turning to 15-20-year-old cars to push new ones through exchange.
The company has tied up with scrap dealers across India to dispose of old cars exchanged for new cars and is welcoming […]
Delhi-based automobile company Argentum Motors, which has taken over the erstwhile Daewoo Motors plant in Surajpur (UP) to start contract manufacturing business in India, has announced the acquisition of French automaker Heuliez SA with an investment of e25 million for an initial 60% stake.
Besides Argentum�s investment, French company re-organisation board Caisse des D�ts et Consignations […]
Bangalore-based EKO Vehicle Private Limited is all set to launch its second product, EV 60 electric scooter, and said it would commence export of battery-operated two-wheelers to the US market from January.
The pollution-free EV 60 is priced at Rs 39,600 and slated for launch next month, the company’s Chairman Anil Ananthakrishna told reporters here. […]
Chrysler LLC has had talks with automakers in Russia and India over potential tie-ups and was approached by Fiat although no formal discussions with the Italian automaker are ongoing now, a senior Chrysler executive said on Wednesday.
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Courtesy: indiacar.net