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Stay away from IT; go long on auto, banks: IIFL PReMIA
Sep 05, 2011 at 15:38 | Source: CNBC-TV18
In terms of a support level for the market, Manoj Murlidhar, AVP-Derivatives of IIFL PReMIA believes that the Nifty will hold on to 4900. Talking about specific sectors, Murlidhar advices investors to stay away from the IT space and go long on automobiles and banking.
Nippon Steel to make auto-use pipes in India
Oct 19, 2010 at 13:30 | Source: Reuters
Japan's Nippon Steel will begin a manufacturing operation in India making steel pipes for use in automobiles, the world's fourth-largest steelmaker, said on Tuesday.
Geely may build as many as 3 Volvo plants in China
Sep 20, 2010 at 21:57 | Source: Reuters
Zhejiang Geely Holding Group, which last month completed its purchase of Volvo from Ford Motor Co, may build as many as three plants in China to make the Swedish brand, a Geely spokesman said on Tuesday.
Harman chases growth in emerging markets
Aug 14, 2010 at 13:08 | Source: Reuters
Harman International Industries Inc is aggressively pursuing contracts with Chinese automakers and speeding up hiring as the audio products maker targets USD 1 billion in annual revenue there by 2015.
Geely gets state planner approval for Volvo buy
Jul 30, 2010 at 12:27 | Source: Reuters
The privately held parent of China's Geely Automobile said on Friday it had received the nod from China's state planner for its purchase of Ford's Volvo unit, a critical step for its plans to turn around the Swedish carmaker.
Ford, Mazda aim to break up 3-way China JV
May 13, 2010 at 11:21 | Source: Reuters
Ford Motor and its China venture partners, Mazda Motor Corp and Chongqing Changan Automobile Co, are seeking Chinese government approval to end their three-way tie up, two sources said on Thursday.

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Stay away from IT; go long on auto, banks: IIFL PReMIA
Hold TVS Motors, says Tambe
Gearing up for the festive season: Hero Honda
Russia, Indonesia, Thailand are key markets: Anand Mahindra
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China’s new status symbol: car grilles
The future is so bright for the Chinese car industry you have to wear shades. Literally. Chinese car buyers adore cars with chrome grilles, the more garish and gothic the better. A stroll down the ai...
May 05, 2012 at 17:42 | Source: Market Watch
DRB-Hicom Discusses Lotus Sale With Chinese Firms, Times Says
By Jesse Westbrook on April 22, 2012 DRB-Hicom Bhd. (DRB) has discussed selling Lotus Group International to either Geely Automobile Holdings Ltd. (175) or China Youngman Automobile Group Co., the Sun...
Apr 23, 2012 at 04:00 | Source: Business Week
Volvo technology transfer a lifeline for Geely
HANGZHOU: The chairman of Zhejiang Geely Holding Group Co., which acquired Volvo in 2010, faces a grueling dilemma: Risk diluting the storied Swedish marque by sharing technology with Geely or let th...
Apr 21, 2012 at 13:57 | Source: Economic Times
Volvo recalls 12,000 cars in China
Beijing: Volvo Cars is recalling 12,798 of its 2012 model year vehicles imported into China, the top Chinese quality regulator said, in order to prevent potential fuel leaks and to fix faulty wiring ...
Mar 24, 2012 at 17:39 | Source: FirstPost
Most Asia stocks fall as Shanghai extends rally
HONG KONG (MarketWatch) — Most Asian markets ended lower Monday on worries about the impact of high oil prices on global economic growth, with Japanese shares reversing early gains as the yen’s r...
Feb 27, 2012 at 19:58 | Source: Market Watch
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Related News »
Asia Stocks Rise as China Stimulus Tempers Europe Concern
Geely Automobile Holdings Ltd. (175) led Chinese carmakers higher after BNP Paribas SA said they may benefit from government subsidies. Komatsu Ltd., a Japanese construction machinery maker that gets 14 percent of sales from China, gained 3.2 percent.
May 29, 2012 at 09:39 | Source: Bloomberg
China’s Car Dealerships Struggle as Stockpiles Increase
Dealerships for Honda Motor Co. (7267), Chery Automobile Co., BYD Co. (002594) and Geely (175) Automobile Holdings Ltd. carried more than 45 days of inventory as of the end of April, exceeding the threshold that foreshadows debilitating price ...
May 18, 2012 at 04:52 | Source: Businessweek
Asia Stocks Rise; China Stimulus Tempers Europe
Chinese automakers Geely Automobile Holdings Ltd. (175) and Dongfeng Motor Group Co. rose at least 3.3 percent after BNP Paribas SA said they may benefit from government subsidies. Komatsu Ltd., a Japanese construction machinery maker that gets ...
May 29, 2012 at 05:07 | Source: Businessweek
China to back Swedish small, medium firms with loans
... Geely Automobile Holdings Ltd., <0175.HK> of upmarket car maker Volvo from Ford Motor Company. A Chinese tycoon is also in the process of leasing a chunk of land in Iceland for a holiday resort. (Reporting by Patrick Lannin; Editing by Anthony Barker)
May 29, 2012 at 19:05 | Source: msnbc.com
China Home Prices, Car Inventory Add to Signs of Slowing
Dealerships for Honda Motor Co., Chery Automobile Co., BYD Co. (1211) and Geely Automobile Holdings Ltd. had more than 45 days of inventory at the end of last month, according to an official from the government-backed China Automobile Dealers Association.
May 17, 2012 at 23:58 | Source: Bloomberg
Asian stocks advance in hope of China stimulus
Geely Automobile Holdings Ltd. led Chinese carmakers higher after BNP Paribas SA said they may benefit from government subsidies. Komatsu Ltd., a Japanese construction machinery maker that gets 14 per cent of sales from China, gained 3.2 per cent.
May 29, 2012 at 16:27 | Source: Gulf News
China revives incentives for autos
SAIC Motor Corp climbed 5.2 percent, the most in four months, to 15.54 yuan in Shanghai. Geely Automobile Holdings Ltd, Great Wall Motor Co and Dongfeng Motor Group Co all rose above 8 percent or more in Hong Kong. Chinese total vehicle sales shed 1.3 ...
May 29, 2012 at 00:35 | Source: English Eastday
Most Asian stocks gain on China stimulus hopes
In corporate news, Chinese automakers Geely Automobile Holdings and Dongfeng Motor Group rose at least 2.5% after BNP Paribas said they may benefit from government subsidies. Celltrion, a biopharmaceutical products maker, surged 9.4% in Seoul ...
May 29, 2012 at 06:26 | Source: Citywire.co.uk
Mega China market hit by sales slump
Chinese dealers are struggling with an increasing number of unsold cars that is threatening to lead to big price cuts, says the nation's biggest automobile dealers' association. Dealerships for Honda, Chery and Geely carried more than 45 days of inventory ...
May 29, 2012 at 00:00 | Source: New Zealand Herald
China Home Prices, Car Inventories Add to Signs of Slower Growth
Dealerships for Honda Motor Co., Chery Automobile Co., BYD Co. and Geely Automobile Holdings Ltd. had more than 45 days of inventory at the end of last month, according to an official from the government-backed China Automobile Dealers Association.
May 18, 2012 at 13:56 | Source: Moneynews (blog)

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