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Steel Industry News gives a complete online coverage upon iron & steel industry in India. It brings online information of steel manufacturers, the market momentum, the convention and steel expo, the price fluctuation and statistics of the industry.
Call it the Nano engineering gold rush. Indian engineering skills are suddenly hot property as global auto companies source competence, along with components, for their next-gen models. Sourcing cheaper components to cut costs for cars sold in India and globally is now de rigeur. ...
Chennai-based TVS Motor plans to turnaround its sales with the launch four new two-wheelers during the fiscal. The new launches will be a combination of all new bikes and scooters, and will be introduced during the festive period in October and early next year.
The finance ministry has rejected the department of information technology's (DIT) request for duty-free import of a specified number of hi-tech cars for research purposes....
General Motors rose in German trading after the Wall Street Journal said the automaker may cut white-collar jobs and is considering whether to drop some of its eight brands, which include Buick, Saturn and Saab. ...
A current slump in the global automotive sector could give fresh impetus to plans for consolidation within the industry, the head of French carmaker Renault said on Saturday. ...
Rising inflation and slowing demand have forced carmakers to change their strategies. The first to fall in line is General Motors India (GMI), which has announced a special offer price of Rs 2.66 lakh (ex-showroom, Delhi) for its small car Chevrolet Spark.
Faced with soaring gas prices, a sputtering economy and a rapid US market shift away from trucks, the US auto industry's weakest player, Chrysler, may have to file for bankruptcy or sell its storied Jeep and Dodge Ram brands as early as next year, JPMorgan said Thursday. ...
Suzuki Motor Corp said on Thursday it would recall about 245,000 minivehicles in Japan after it received reports of malfunctions with electric wiring....
The three-day old truckers strike has been called off following an agreement between the transporters and the government after a marathon negotiation that lasted for over eight hours. ...
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