News for 'General Motors India Vice-President P Balendran'

GM sales surge 74% in April

General Motors India on Tuesday reported a 74 per cent sales growth to 1,401 units in April 2004 over 805 units in the same month last year and said it would bring in more 'Chevrolet' models.

GM sales target down on Aveo variant launch delay

GM launches Chevrolet Optra 1.8 Max

General Motors India on Wednesday launched a special edition version of premium mid-size car Chevrolet Optra to strengthen its position in the entry-level luxury segment.

Automakers not happy with rate cut

Says rate cut is too little to spur demand.

GM plans 50,000 cars by 2005

General Motors India is expanding its manufacturing capacity to produce 50,000 vehicles by 2005.

Banks should pass on RBI rate cut benefits: Auto makers

The rate cut would mean actual gains for vehicle buyers only when banks pass on benefits.

India Inc won't make enough money to enjoy any festivity

General Motors vice-president P Balendran is less diplomatic and talks about a 'severe blow'.

March sees modest growth in car sales

There was no sale of premium sedan Kizashi during the month.

Auto industry gives thumbs-up to deregulation of diesel

General Motors India Vice President P Balendran termed the decision as a positive move for the overall economy.

Thanks to RBI automakers can say goodbye to festive sales

Already reeling under a demand slump, automobile manufacturers have expressed disappointment over the RBI's decision to hike short term lending rate saying it is likely to impact the interest rates on car and automobile loans further.

Maruti, Hyundai record bumper sales in Nov, GM bucks trend

Maruti recorded 20 per cent jump in sales during November.

Auto companies post mixed results

Exports in August were up 10.3 per cent to 12,472 units from 11,305 units in the same month of previous year.

Nissan, Honda, Maruti record bumper sales ahead of Diwali

During September, Maruti said it dispatched 1,375 units of the soon-to-be-launched sedan Ciaz.

'Make inspection regime mandatory to prevent car fires'

Tampering with electrical fittings of a car, subjecting it to improper maintenance or making unwarranted changes to it are the primary reasons behind the spurt in cases of vehicle fires, which have claimed several lives in the recent past.

Disappointed CEOs expect RBI to cut rates by Feb 2015

India Inc expects the RBI to cut interest rates by early next year.