| Carmakers start own finance arms to drive sales |
Feb 18th, 2009 |
|
NEW DELHI: The turmoil in the auto market is pushing carmakers to the corner, forcing some of them to start their own finance companies to fund fresh car sales. European carmakers, Daimler Motor...
|
| |
|
| |
| Bajaj group companies pledge part of their shares in Bajaj Auto |
Feb 18th, 2009 |
|
MUMBAI: Bajaj group companies including Jamnalal Sons, Baroda Industries, Bachraj Factories and Mukund Global have pledged part of their stakes in Bajaj Auto to raise funds, according to disclosure...
|
| |
|
| |
| BMW 7-Series boasts new-age technology |
Feb 18th, 2009 |
|
In today's era, technology determines the fate of most automobiles and especially in the luxury segment where it matters the most as the end-user is fixated on two basic parameters - space for comf...
|
| |
|
| |
| Tata Motors may compensate vendors for Nano relocation |
Feb 18th, 2009 |
|
KOLKATA: Tata Motors Limited, which relocated its Nano project from Singur in West Bengal to Sanand in Gujarat, is looking into the possibility of compensating the vendors who had been adversely af...
|
| |
|
| |
| Mahindra not interested in Hummer, Volvo |
Feb 18th, 2009 |
|
DAVOS: Indian vehicle maker Mahindra & Mahindra Ltd is not interested in buying either General Motors Corp's Hummer brand or Ford Motor Co's Swedish car brand Volvo, a top executive said on Tuesday...
|
| |
|
| |
| Tata Motors to roll over $2 bn bridge loan |
Feb 18th, 2009 |
|
MUMBAI: Tata Motors’ plans to roll over its $2-billion bridge loan, contracted to fund its acquisition of Jaguar and Land Rover, might turn out to be an expensive affair. According to bankers, ...
|
| |
|
| |
| Sweden slams GM for plans to drop Saab |
Feb 18th, 2009 |
|
STOCKHOLM -- Sweden's industry minister on Wednesday slammed General Motors for saying its Saab unit could face bankruptcy unless it receives government funding. Maud Olofsson said she was "incredibly...
|
| |
|
| |
| GM, Chrysler now say they need billions more |
Feb 18th, 2009 |
|
General Motors Corp. and Chrysler LLC summoned the prospect Tuesday of their collapse unless they get $7 billion in federal aid within six weeks -- part of a dramatic plea for a total of up to $39 bil...
|
| |
|
| |
| ALL receives Rs.480 crore order for CNG buses from DTC |
Feb 18th, 2009 |
|
CHENNAI: Ashok Leyland (ALL), has bagged an order from Delhi Transport Corporation (DTC) for supplying 875 ultra-low entry CNG buses. The order is worth Rs.480 crore and is accompanied by a Rs. 710...
|
| |
|
| |
| Maruti hikes prices by up to Rs 10,000 |
Feb 18th, 2009 |
|
NEW DELHI: India’s largest passenger carmaker, Maruti Suzuki, has hiked prices of high-end products by Rs 5,000-10,000 with effect from January 28, attributing it to higher input prices and forei...
|
| |
|
| |
