Automotive Industry

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European car sales up for first time since 2011

May 17, 2013 at 12:11 | Source: Economic Times

FRANKFURT: Europe's ailing car market snapped a streak of 18 straight months of declines last month, expanding slightly thanks to robust demand in the UK, calendar effects and a historically weak April last year. New car registrations increased by 1...

Forging industry hit by auto sector slowdown, to diversify

May 17, 2013 at 00:32 | Source: The Hindu BusinessLine

Hyderabad, May 16: The country’s Rs 25,000-crore forging industry is under stress due to slowdown in the automotive sector and increasing input costs. “The sector, which had grown by 18 per cent during 2011-12 over the previous financial...

Cognizant beats Infosys on employee numbers

May 13, 2013 at 22:21 | Source: The Hindu BusinessLine

Bangalore, May 13: After beating Infosys and Wipro in revenue growth, Cognizant has gone ahead in terms of employees too. The New Jersey-based software exporter at the end of the first quarter of this financial year (it follows January-December acco...

BookItOut Names Recipient of Annual National Merit Scholarship Award, a <b>...</b>

May 13, 2013 at 20:01 | Source: Wall Street Journal

JACKSONVILLE, Fla., May 13, 2013 /PRNewswire/ -- BookItOut, Inc., a leading software developer and information technology provider for the automotive industry, today announced that Sameer Kailasa of American Heritage School in Plantation, Florida is ...

GM petrol surprise

May 13, 2013 at 11:47 | Source: Calcutta Telegraph News

Calcutta, May 12: General Motors India was “caught offguard” by the sharp swing in the demand for cars with petrol powertrains, following the narrowing of a gap between petrol and diesel prices within a year. “It had caught us offg...

Miles to go

May 12, 2013 at 22:37 | Source: The Hindu BusinessLine

The approval process for the RE60 does not stop with the recommendations of the Dinesh Tyagi committee. The next step is another endorsement from the Automotive Industry Standards Committee. After this is done, the Technical Standing Committee of th...

GM India launches Chevrolet Enjoy priced Rs5.49 lakh

May 10, 2013 at 21:37 | Source: DomainB

General Motors, the US-based automobile major, yesterday launched a multi-purpose vehicle, the 'Enjoy', priced aggressively at Rs5.49 lakh for the petrol variant (ex-showroom, Delhi) and Rs 6.69 lakh for the diesel variant. The MPV would take on Mar...

General Motors India hopes to cross one lakh car sales this year

May 10, 2013 at 13:32 | Source: Economic Times

KOLKATA: Upbeat about prospects of its new models, General Motors India today said it was hopeful of crossing the one lakh car mark this year. "We are hopeful of one lakh car sales this year," GM India director sales Vikas Jain said here today. Jain...

General Motors (GM) dares Maruti, Nissan with Enjoy

May 10, 2013 at 09:51 | Source: DNA India

General Motors (GM) India on Thursday announced the launch of its new multi-purpose vehicle (MPV) Enjoy, which will compete with the Ertiga, one of Maruti Suzuki s best-selling models, and Nissan s Evalia. Enjoy will be the third product from compan...

M2M the next big area for IT, telcos

May 08, 2013 at 10:41 | Source: DNA India

Machine-to-machine (M2M) communication is fast replacing SMAC (social, mobility, analytics and cloud) as the buzzword of the season in the IT and telecom industries. Last month, Vodafone and Mahindra Reva signed an agreement for India s first M2M-po...

Neeraj Garg, VP passenger car unit, Tata Motors quits after just 7 months

May 03, 2013 at 11:06 | Source: Economic Times

MUMBAI: Neeraj Garg, VP at the commercial, passenger car business unit of Tata Motors, has resigned from the company on Thursday ending a very short stint of seven-and-a-half months at the company. ET learns Ankush Arora, former VP marketing and sal...

Tata Motors Neeraj Garg, VP passenger car unit, quits after just 7 months

May 03, 2013 at 10:31 | Source: Economic Times

MUMBAI: Neeraj Garg, VP at the commercial, passenger car business unit of Tata Motors, has resigned from the company on Thursday ending a very short stint of seven-and-a-half months at the company. ET learns Ankush Arora, former VP marketing and sal...

Auto component industry growth down 8-10%

May 02, 2013 at 13:42 | Source: Financial Express

The Indian auto component sector grew by 15.7 per cent in the fiscal 2011-12 posting a turnover of Rs 2,10,400 crore but the growth will moderate to 8-10 per cent in the ongoing fiscal, according to industry body ACMA. In its 'Industry Performance R...

TVS Motors: Slowdown in the two-wheeler industry hits revenues and margins

Apr 30, 2013 at 20:06 | Source: Economic Times

With the Indian automotive industry under severe stress on account of slackened demand, especially for two-wheelers, TVS Motors' consolidated revenue growth for the year 2012-13 was rather flat while its EBITDA (earnings before interest depreciation...

Bosch: Automotive business pulls down revenues and profits

Apr 30, 2013 at 05:57 | Source: Economic Times

Taking direct hit on account of the ongoing slump in the automotive industry, the Mar '13 quarter for Bosch turned out to be a rather subdued one with 23% decline in net profits and about 3.4% decline in revenues year on year. The severe slowdown in...

Nissan Motor appoints Kenichiro Yomura as president, Ajay Raghuvanshi as VP

Apr 17, 2013 at 20:57 | Source: DomainB

Nissan Motor India Private Ltd, a wholly-owned subsidiary of Japan's Nissan Motor Co. Ltd, has restructured its top management with the appointment of Kenichiro Yomura as president. The automaker also named Ajay Raghuvanshi as vice president, busine...

Nissan rejigs top deck of its Indian operation, appoints Kenichiro Yomura as president of Indian operation

Apr 16, 2013 at 16:45 | Source: Economic Times

MUMBAI: In a bid to accelerate its decision making in India and streamlining operational efficiency, Japanese car maker, Nissan on Tuesday announced the appointment of Kenichiro Yomura as the president of Nissan's Indian operation. Yomura will repor...

We are slaves in manufacturing, we have to be our own masters: Baba Kalyani, Bharat Forge group

Apr 15, 2013 at 10:11 | Source: Economic Times

Baba Kalyani, chairman, Bharat Forge group, talks straight and does not like to beat around the bush. In an exclusive chat with ET, Kalyani is blunt about the problems that beset Indian manufacturing. He says India needs to get rid of the slave-manuf...

Rough ride for Tata Motors

Apr 12, 2013 at 21:27 | Source: The Hindu BusinessLine

Tata Motors, a regular at the Geneva Motor Show for many years now, has always attracted the attention of the international motoring media and the automotive industry’s elite in what is arguably the world’s most important auto show.It st...

Effect of rupee rise against yen

Apr 11, 2013 at 23:02 | Source: The Hindu BusinessLine

Mumbai/New Delhi, April 11: Japanese Prime Minister Shinzo Abe’s economic policies, dubbed “Abenomics”, aim to ease money policy and push up spending by his countrymen. In tune with that, the Bank of Japan last week came out with a...

HTC One production capacity improving, confirms executive
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