Courtesy: www.indiacar.net
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Courtesy: www.indiacar.net
The federation also said 866,463 vehicles were sold in the January-April period, up 35.6 percent from the same period in 2007. More
Courtesy: indiacar.net
Sales of light vehicles or those below 3.5-tonne GVW (gross vehicle weight) would experience a 16% compound annual growth rate till 2014 on the back of new launches, particularly in the mini car (like Tata Nano) segment, said USbased automotive market forecasting firm CSM Worldwide.
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Courtesy: economictimes.indiatimes.com
Courtesy: economictimes.indiatimes.com
Setco Automotive targets to double turnover in three years
Published April 24th, 2008 in Uncategorized. 0 CommentsAutomotive clutch manufacturer Setco Automotive, which commenced operations at its Uttarakhand plant last week, has set a target of doubling its turnover to Rs 400 crore in the next three years. More
Courtesy: economictimes.indiatimes.com
Auto parts cos to post modest Jan-March profit
Published April 23rd, 2008 in Uncategorized. 0 CommentsIndian auto parts makers are expected to report modest profits in the Jan-March quarter as they battle a slowdown in auto sales and high input costs.
Amtek Auto Ltd and Motherson Sumi Systems are expected to post lower profits, while Cummins India may report a 10 percent growth in profit, down from 21.4 per cent a year ago, a poll of analysts showed. More
Courtesy: economictimes.indiatimes.com
Good demand for bicycles due to fuel price hike
Published April 21st, 2008 in Uncategorized. 0 CommentsRising fuel prices have seen office goers, the young and old alike in Chennai increasingly turn to bicycles to commute to work and go to schools, colleges and other places.
“Riding cycles is no longer passe. Riding not only makes me feel energetic, but is also a good exercise to keep myself trim,” 18-year-old Govindarajan, a student of famous Loyola College here told media. More
Courtesy: economictimes.indiatimes.com
The fleet of car carriers, i.e. the vehicles used for transportation of cars across the country, is steadily increasing. The present size, estimated at 10,000, is likely to increase substantially, as the production of cars is estimated to rise to two million annually from the present around 1.3 million. But, the car carriers are not covered under the Central Motor Vehicles Rules 1989. More
Courtesy: www.indiacar.net
Incentives from the Thai government to encourage automakers to produce fuel-efficient “eco-cars” have yielded a raft of major investments and started to change how Thais drive, experts say.
Tax breaks for automakers and car buyers were unveiled last year, as the government worried that Thailand’s position as the world’s biggest maker of light pickups might not be enough to guarantee the future of its auto industry.
The kingdom churns out 900,000 one-tonne trucks every year — about three-fourths of global output. More
Courtesy: www.indiacar.net
For car lovers it was a day out when vintage and classic beauties rolled out on the streets of Delhi and Gurgaon on Sunday.
Over 50 vintage and classic beauties rolled out on streets for the 42nd annual Statesman car rally.
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Courtesy: economictimes.indiatimes.com
