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Business
LCVs and motorcycles slow revival: SIAM
Production The industry produced a total 7,799,546 vehicles including passenger vehicles, commercial vehicles, three wheelers and two wheelers in April-July 2015 as against 7,661,366 in April-July 2014, registering a marginal
Magna Recognized as Ford Top Supplier in South America
Differentiating from the competition is key to building relationships and maintaining success. For Magna, the proof is in the recognition it recently received from Ford Motor Company, where Ford named
TATA consolidated net revenue stood at Rs. 61,020 crores in Q1 of FY 2015-16
Consolidated Profit stood at Rs. 2,769 crores Consolidated Financial Results for the Quarter ended June 30, 2015 Tata Motors today reported consolidated revenues (net of excise) of Rs.61,020 crores for
Bosch plans to expand its Abstatt location
Bosch is planning to further expand its development center in Abstatt near Stuttgart, and expects to invest some 70 million euros in the project. The location is home to Robert
Mercedes-Benz scripts yet another historic sales record in India
Mercedes-Benz clocks its best ever Q2 and the highest ever half-yearly sales: astounding sales growth of 41% from H1 2014. India’s fastest growing luxury car brand for last three years
Daimler and Renault-Nissan alliance start manufacturing joint venture in Mexico
Manufacturing joint venture called COMPAS (Cooperation Manufacturing Plant Aguascalientes) To build plant for the production of next-generation premium compact vehicles for the brands Mercedes-Benz and Infiniti COMPAS led by international
GM to invest $1 billion in India to boost exports
General Motors Co said on Wednesday it will invest $1 billion over the next few years to turn India into a global export hub, even as it cuts production capacity
Volkswagen beats Toyota in world’s biggest automaker race
German auto giant Volkswagen has raced ahead of Toyota becoming the world’s biggest automaker, as figures for the first half of the year showed on Tuesday. Camry and Prius maker
Volvo Buses announces global export plans; India made bus for Europe to be unveiled this year
First bus company from India to cater to European market; Aligns with central government’s ‘Make in India’ initiative With the objective to leverage its manufacturing presence in Asia, Volvo Buses
GM Invests $1.4 Billion as its largest single plant investment for Arlington Plant Upgrades
In its largest single plant investment in the U.S. this year, General Motors announced recently $1.4 billion for a range of improvements to its Arlington Assembly Plant to more competitively
