India’s fast growing automotive component industry is venturing into new areas like aviation and defence to de-risk their core business of supplying to vehicle makers.
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Economic Times

On a day when the Tata Group chairman Ratan Tata came out openly with a threat to pull out the Tata Motors project from Singur, if his group is made to feel “unwanted” , West Bengal chief minister Buddhadeb Bhattacharjee tried to temper down the mood with cautious optimism.
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Economic Times

This is talking about possibilities, but in the event of the Tatas finally calling it quits at Singur, preliminary industry estimates are that atleast Rs 500 crore, if not much more, would go down the drain.
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Economic Times

Two-wheeler maker Hero Electric is planning to introduce an electric passenger car in the India by 2013, besides introducing battery driven three-wheeler.
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Economic Times

General Motors Corp said on Thursday it will invest more than $500 million in the US to build a new compact car that will compete in an era of high gasoline prices.
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Economic Times

General Motors Corp is readying sales documents for its Hummer brand and has initial expressions of interest from potential buyers that it hopes to develop into formal sale talks, the automaker's CEO said on Thursday.
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Economic Times

Tata Motors chairman Ratan Tata is worried about his company's small car project in Singur, West Bengal Industries Minister Nirupam Sen said here on Thursday night.

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Economic Times

When Ashok Tandon of Farrukhabad, UP, booked his Swift DZire Zxi on March 31, 2008, he was one of the first to do so at Kavisha Motors, Agra. He made a full payment of close to Rs 7.5 lakh for the car. Five months later, his “dream car” remains just that: a dream.

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Economic Times

Hyundai Motor Co expects to release its first hybrid in the US market as early as 2010, featuring cutting-edge lithium-ion battery technology, an executive said on Wednesday. John Krafcik, vice president for product development at Hyundai, said the automaker would offer a hybrid version of the Sonata sedan for American consumers and would unveil a prototype of the vehicle in November...

Economic Times

After facing an initial set back in the domestic market, Maruti Suzuki India (MSI) is banking on exports to improve its sales tally, reports Our Bureau in New Delhi. The company aims to export two lakh cars annually by 2010-11 on the back of its fifth international model, the A-Star hatchback, which will hit the market in October this year....

Economic Times