Always wondered what hiring managers wished you knew? Vikas Shirodkar, vice- president, Human Resource Development, General Motors, India, spells out the six qualities he always looks for in prospective candidates.
Workers resorted to strike at the Halol facility in Gujarat that has an installed capacity of 85,000 units a year.
Ajit Balakrishnan on how to arrest a worldwide decline.
Indian passenger car sales jumped by 10.15 per cent in January to 54,825 units from 49,769 units in the same month last year.
Toyota Kirloskar Motors on Thursday launched Innova, a replacement model for its flagship Qualis, pricing the base models of petrol and diesel versions at Rs 6.82 lakh and Rs 7.42 lakh respectively.\n\n
The company wants to exploit the space further as the online medium is the most cost-efficient advertising option compared to print and television.
Led by the country's largest car maker Maruti Suzuki, Ford India, General Motors and Toyota Kirloskar logged overall growth in sales volumes.
US automaker General Motors' chief executive has apologised for the company's handling of the failed sale of its subsidiary Opel to Canadian manufacturer Magna and Russian investment bank Sperbank.
The decision to retain Opel in addition to restructuring its European operations was taken by the company's board of directors in the backdrop of "improving business environment," GM said.
The company, which plans to launch three light commercial vehicles from the stable of its Chinese partner Shanghai Automotive Industry Corporation during the same time period, also said it has lined up to introduce 14 new variants of its existing car models.
On Nooyi, who is now in her 10th year as CEO, Fortune said, she "shows no signs of slowing down"
Auto major Mahindra & Mahindra on Friday said it will hike the prices of its passenger cars and commercial vehicles by Rs 6,000 to Rs 20,000 from October 1, partly to offset higher input costs and depreciation of rupee against the dollar.
Model 3 received 180,000 orders worldwide.
General Motors India is aiming to increase sales three-fold over the next three years, with the five new models it is planning to launch in collaboration with Shanghai Automotive Industry Corporation.
The Carens is a warning for cars such as the Tata Safari, Hyundai Alcazar, Maruti Ertiga, Toyota Innova Crista and Mahindra XUV 700, because Kia punches much harder than others in its weight category.
'The immediate impact would be delayed payments, followed by slowly ramping down of existing projects while retaining only the ones that are mission critical,' said Karthik Ananth of Zinnov Management. 'In the long run, it would have a trickle down effect on tier one and tier two suppliers for auto majors. They will indeed see an impact on their business, which in turn will impact the business of Indian service providers, who work with them and have them as key accounts.'
The US financial crisis and the resultant economic downturn pushed many a top honchos out of their corner rooms in 2009, but Citigroup's India-born chief Vikram Pandit continues to steer the once financial colossus out of its biggest ever crisis.
The once-beleaguered auto maker, bailed out by the US government last year, had lost a whopping $13 billion in the 2009 June quarter.
The LPG model was launched a fortnight ago. Chevrolet is now hoping to rev up the car's sales with a diesel option in June.
The production and concept vehicles which are to be displayed include the company's hybrid sedan Chevrolet Volt, sports-car Chevrolet Camaro, sports utility vehicle Captiva Extreme, electric version of its small car Spark, CNG version of Chevrolet Aveo and its race car WTCC Cruze.
Upon completion, the factory will create almost 10,000 jobs and will initially have an annual capacity of 2 million units.
The decision reflected Birla's thinking that his stepping down would pave the way for the entry of strategic investors and allow for greater flexibility during discussions, the company said.
Workers fear that GM might close down one or two production plants in Germany in the process of restructuring Opel. It may also lay off thousands of workers and force the remaining workers to make sacrifices to protect their jobs.
Green vehicle set to hit Indian roads next year.
Cracking the whip on the practice of exorbitant salaries, the US government's pay czar has slashed the compensation of top executives by 50 per cent at seven largest bailed-out firms including Citigroup and AIG.
It is usually better to buy those shares which are members of an industry group which is leading the market's move.
American car maker General Motors is likely to pull out of its technological partnership with REVA Electric Car Company, after domestic auto major Mahindra & Mahindra Ltd bought 55.2 per cent equity in the Bangalore-based company to stake its place in the fledgling electric vehicle market.
The recession triggered unemployment, which rose to all-time highs in the US and around the world. Markets felt the ripples of the meltdown wiping off trillions of dollars of investor wealth.
Undeterred by global credit freeze, India maintains a bullish outlook on attracting foreign direct investment which may be governed by easier rules, a top government official said.
The New York Auto Show 2010 which opened at the Jacob Javits Center on April 2 has some of the hottest cars and trucks ever seen under one roof.
PepsiCo's India-born CEO Indra Nooyi has been ranked third most powerful businesswoman by Fortune, the only Indian-origin woman on the 2014 list topped by IBM Chairman and CEO Ginni Rometty and General Motors CEO Mary Barra.
General Motors, the US auto major, plans to double the level of sourcing of automotive components from India to $1 billion (Rs 4,500 crore) annually in the next two years. For the year 2010, the company has placed $550 million worth of orders to its Indian vendors.
The components would cater to GM facilities worldwide, said Karl Slym, president and managing director, GM India.
The past couple of years have been tough for everyone 'but things are now definitely looking up. There are certain signs of life in the industry,' General Motors Co's North American president Mark Reuss told reporters on the sidelines of the Chicago Auto Show.
Ajit Balakrishnan on mapping the Business Serengeti.
General Motors India had completed all investments intended for the country well before its parent's bankruptcy filing, said Karl Slym, president & MD.
The Italian car giant surprised the recession-hit global auto industry with an announcement that it is bidding to take over the GM's struggling Opel brand to consolidate its global base. Though Fiat entered India almost six decades ago, it is facing rough competition from car manufacturers from Japan and South Korea. It tied up with Tata Motors for building a manufacturing plant near Pune to increase its supply capacity in 2007.
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