Visteon opens design center in IndiaNov. 14, 2012 06:01 CET Visteon has opened a design center in Pune, India. The facility, part of a Visteon engineering center, will house experts in human-machine interface, plus engineers, program managers and market researchers.... Read More »
Visteon opens design center in India 12:01 am U.S. ET | Nov. 13, 2012 Visteon has opened a design center in Pune, India. The facility, part of a Visteon engineering center, will house experts in human-machine interface, plus engineers, program managers and market researchers.... Read More »
GM, Ford comeback in India stalls as market share falls 12:01 am U.S. ET | Nov. 10, 2012 Almost two decades after entering India, here's what GM and Ford have to show for their efforts in Asia's third-largest automobile market: combined market share of about 6.5 percent and falling.... Read More »
GLOBAL MONTHLY Renault turns to India for relief from Europe slumpOct. 26, 2012 06:01 CET Renault's product offensive in India has grown to five cars in the last 18 months as the automaker looks for ways to compensate for falling sales in Europe. The launch of the Scala minicar last month is part of Renault's goal to boost its market share in Asia's third-largest economy to 5 percent by 2020 from next to nothing.... Read More »
Tata will redo Nano for the U.S. 12:01 am U.S. ET | Oct. 15, 2012 A redesigned version of India's no-frills Nano minicar will come to the United States in three years, said Ratan Tata, the billionaire boss of that country's giant Tata Group.... Read More »
VW may add budget subbrand by 2015, sources say 5:48 am U.S. ET | Oct. 12, 2012 VW may launch a new low-cost subbrand by 2015 to take on rivals including Renault's Dacia and Nissan's Datsun in markets including Europe, two company sources said on Friday.... Read More »
Mahindra sets up first North American technical center in Michigan 4:00 pm U.S. ET | Sept. 18, 2012 India's Mahindra & Mahindra today opened a technical center in suburban Detroit, the conglomerate's first in North America. The center will provide design and consulting services for Mahindra's automotive customers in the region as well as support its automotive and tractor engineering operations in India.... Read More »
Chairman Tata seeks to revive flagging Nano sales following fire problemsAug. 22, 2012 06:01 CET Ratan Tata, the chairman of Indian carmaker Tata Motors, says he intends to have another go at promoting the budget Nano minicar, after sales plunged following fires with at least three cars.... Read More »
Maruti Suzuki to reopen riot-hit factoryAug. 17, 2012 06:01 CET Maruti Suzuki India, the country's biggest carmaker by volume, will reopen a factory more than a month after a deadly riot forced the company to halt production of its two best-selling models.... Read More »
Visteon completes sale of its lighting business to VarrocAug. 16, 2012 06:01 CET Visteon says it has completed the sale of its automotive lighting unit to Varroc Group of India for $72 million.... Read More »
Toyota posts $3.7 billion quarterly profit, hikes sales forecast 4:02 am U.S. ET | Aug. 3, 2012 Toyota reported a big increase in first-quarter profit and raised its vehicle sales forecast on demand for its cars in North America and Japan. The automaker said vehicle sales at its Toyota, Daihatsu and Hino brands would increase to 9.76 million from January to December, raising an earlier target of 9.58 million.... Read More »
Maruti Suzuki mulls options to remain India's No. 1July 30, 2012 13:34 CET Maruti Suzuki is weighing options to restore output of its most popular models as recurring labor disputes at one of its plants threaten the company's lead in Asia's third-largest car market.... Read More »
Europe troubles cause Hyundai to cut 2012 global sales forecastJuly 26, 2012 09:04 CET Hyundai cut its global industrywide automobile demand forecast for this year, citing a worse-than-expected economic situation in Europe and China. Hyundai expects 77.1 million units to be sold globally, down by about 500,000 units from what it forecast in April.... Read More »
Police commissioner says union claim Maruti Suzuki hired bouncers is 'nonsense'July 24, 2012 10:04 CET The police commissioner overseeing the probe into last week's violence at a Maruti Suzuki plant dismissed labor union claims that bouncers paid by the company attacked them and set fire to part of the factory.... Read More »
Maruti Suzuki shares fall after factory lockoutJuly 23, 2012 08:19 CET Maruti Suzuki India fell in Mumbai trading after the company said it's locking out a factory near New Delhi, pending the conclusion of a probe into a deadly riot last week. Chairman R.C. Bhargava on July 21 ruled out an early resumption of the factory, which accounts for about 40 percent of the company's manufacturing capacity, though he didn't give an estimate as to how long the stoppage will last.... Read More »
FINAL ASSEMBLY Suzuki workers riot at Indian plant 12:01 am U.S. ET | July 23, 2012 A riot last week at a Maruti Suzuki India Ltd. plant near New Delhi destroyed this factory building.... Read More »
Maruti imposes lockout at India plant as riot probe continues 5:49 am U.S. ET | July 22, 2012 Maruti Suzuki India locked out workers at a factory near New Delhi and ruled out restarting production until a probe is completed into rioting that led to the death of a manager. The latest production stoppage is the fourth in the past year at the Manesar factory.... Read More »
Rioting workers in India face murder charges after Maruti manager's death 9:19 am U.S. ET | July 20, 2012 Indian authorities said they will charge all 3,000 Maruti Suzuki India Ltd. union workers at a plant after a riot that the labor union says began when a supervisor insulted an employee because of his caste.... Read More »
Rioting workers in India face murder charges after Maruti manager's deathJuly 20, 2012 15:19 CET Indian authorities said they will charge all 3,000 Maruti Suzuki India Ltd. union workers at a plant after a riot that the labor union says began when a supervisor insulted an employee because of his caste.... Read More »
EU opens door to Japan trade talks, new era of dealsJuly 17, 2012 06:01 CET The EU is expected go ahead with talks on a potentially groundbreaking free-trade deal with Japan despite opposition from carmakers. The European Commission is set to announce on Wednesday it is ready for talks that it hopes will help start a revival of Europe's stagnant economy. A deal with Japan would build on last year's agreement with South Korea.... Read More »
Mahindra says U.S. is a no-go 12:01 am U.S. ET | July 16, 2012 Just in case anyone was still hoping, Indian truckmaker Mahindra & Mahindra Ltd. made it clear last week that it no longer plans to come to America.... Read More »
India's Mahindra says it halted development plans for U.S. pickup 12:54 pm U.S. ET | July 11, 2012 India's Mahindra & Mahindra has halted development work on a pickup truck aimed at the U.S. market, the company said today, following legal disputes and failure to win needed certification.... Read More »
Thinking cheap: Lessons from India 12:01 am U.S. ET | July 9, 2012 Engineers around the world are contorting traditional r&d methods to deliver small, cheap cars for India that can compete with low-cost offerings from locals such as Tata Motors Ltd. And in doing so, they are learning new lessons that are spilling over into models sold globally, even in the United States, and rewriting the rule books on product development.... Read More »
Hyundai to boost Czech plant output 20% on demand for new compactJune 15, 2012 06:01 CET Hyundai will boost output 20 percent to 300,000 units this year at its plant in Nosovice, Czech Republic, to meet strong demand for its new i30 model line. The South Korean automaker started production of the i30 compact wagon today. When combined with a production doubling to 200,000 units at its plant in Izmit, Turkey, Hyundai will have capacity to make a half million cars in Europe by the end of 2013.... Read More »
Jaguar Land Rover help Tata double quarterly profitMay 29, 2012 14:16 CET India's Tata Motors said net profit for the fiscal fourth quarter more than doubled to 62.5 billion rupees ($1.13 billion), as strong demand for its Jaguar Land Rover vehicles offset lackluster performance at its core domestic business. Net profit at the two British brands was 696 million pounds ($1.09 billion), Tata said.... Read More »
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