The company has proposed to launch the 'made-in-India' car in the next three years. Given its nascent engineering strength, the Indian auto co is looking at existing platforms. The company will, therefore, save a fortune by not opting for a completely new car platform. Generally, the cost of developing a new platform constitutes a substantial part of the expenditure incurred on a new car's production.
On the hunt for the elusive Tiger supremo Prabhakaran, Sri Lankan security forces have stumbled upon a damaged bullet-proof car that could have been used by either Lankan Tigers of Tamil Eelam chief or other senior leaders. The rugged-looking covered pick up wagon, fitted with double steel sheets to escape bullet hits, was found in the thick jungles near Mullaittivu, as Lankan forces scour the area for the LTTE topmen, a senior defence official told PTI.
The A3 segment (Swift Dzire and SX4 sedans) sales grew by 36.5 per cent to 8,995 units in January 2010.
'Biden's promise of returning to 'normalcy' after Trump appears to mean that the same old politicians, who are responsible for the 'endless wars' in Afghanistan, Iraq and Syria, are being brought out of the woodwork after four years,' notes Ambassador M K Bhadrakumar.
The unit has a manufacturing capacity of 700,000 cars in two shifts. This means the Japanese major is cutting production by 35,000 cars as higher loan rates and a slowing economy sapped demand for automobiles. Sales at Maruti, 54 per cent owned by Suzuki, fell 7 per cent in October. India is the biggest global market for Suzuki, Japan's second-largest minicar maker.
In the two wheeler segment, TVS Motor Company reported a 24 per cent increase in total sales at 304,795 units in April.
At least two persons were killed and over 10 injured when suspected ULFA militants triggered a blast at a market area near the Northeast Frontier Railway (NFR) headquarters at Maligaon at around 6:30pm on Friday.
GM Chairman and Chief Executive Rick Wagoner is scheduled to outline the plan to employees, the Wall Street Journal reported. "This is real, hard stuff," one person briefed on the plan told the paper. "It not only assures our survival, but will make us a radically leaner, more focused company with much lower fixed cost."
Helped by softer interest rates on vehicle loans as well as their better availability, the country's top car makers posted healthy sales growth in July.
India's Ratan Tata aims to transform his once-stodgy conglomerate into a global powerhouse. But can it thrive after he steps down?
7 Maruti models among top 10 best selling passenger vehicles in April
As the national transporter is planning to come out with semi-high speed routes where trains can clock an average speed of 160-200 kmph, dedicated testing becomes essential.
Arvind Kejriwal, engineer, civil servant and Delhi's man with a development agenda, is the David who slayed the government's Goliath.
Auto maker Maruti Suzuki plans to position its upcoming car 'Ritz' at the upper end of the compact car segment that will be powered with a 1197 cc engine.
India's Ratan Tata aims to transform his once-stodgy conglomerate into a global powerhouse. But can it thrive after he steps down?
Indian Railways is taking the help of a US-based railroad research organisation to study the impact of higher freight traffic load on tracks.
Maruti Udyog on Wednesday reported a 7.1 per cent increase in domestic sales in January at 48,526 units.
Railway Minister Suresh Prabhu refuted the charge of playing water politics, saying a steam-cleaned, 10-wagon train was on way to fill water at Jhansi before going to the drought-hit areas.
The minister said he was against "blanket privatisation of the railway system but the private sector was being encouraged to participate with the railways in the development of its non-core activities."
The description of his career by Ambassador Nazareth in his elegant language, judicious choice of details, without ego or malice to anyone, shows that it had its ups and downs, triumphs and tragedies and lucky and unlucky accidents. Ambassador T P Sreenivasan reviews A Ringside Seat to History.
"Our agenda is to make Indian Railways world's number one from the current third position," Railway Minister Lalu Prasad said.
The country's biggest car maker Maruti Suzuki India on Monday reported 27.4 per cent decline in car sales during November at 47,103 units compared to 64,885 units in the same month last year.
General Motors also plans to increase sourcing from India over the next 4-5 years to $1 billion annually.
Tata Motors on Monday announced its foray into passenger vehicle segment of the Ghanian market with the launch of its car and multi-utility vehicles in the country.
Maruti Suzuki India growing by a paltry two per cent in January, recorded the lowest growth in this financial year, which could be due to the launch of Tata's Nano.
Maurti and Hyundai recorded jump in sales in May.
Five wagons of the goods train derailed while passing through Narela station late Thursday night, Railway officials said.
In the seven months between April and October this year, the Chevy Spark has managed to sell less than 12,000 units, or an average of 1,700 units a month, while its peers Alto and WagonR (Maruti Suzuki) , Indica (Tata Motors) and Santro (Hyundai) have had average monthly sales of 10,000-18,000 units.
The IIT-Kanpur and Railways have jointly developed a device which could help detect any damage to or uprooting of the rail track and excess load in wagons of goods trains.
The company said its domestic sales increased by 0.7 per cent at 56,411 units as against 56,000 units in June last year. It said the A2 segment, comprising Alto, Zen Estillo, Wagon R and Swift registered a marginal growth of 0.3 per cent at 37,767 units, against 37,646 units in the same month last year.
The company said its domestic sales increased by 14.6 per cent during the month at 64,143 units, against 55,952 units in May last year. Hyundai Motor India Ltd reported on Monday a 47.27 per cent jump in domestic passenger car sales at 24,510 units during May, against 16,643 units in the corresponding month of 2007.
Maruti Suzuki India continued its grip in the passenger vehicles market in India with five of its models in the top ten best selling models in June.
Consumers buying vehicles in exchange for old ones in the used car market (1.1 million cars) prefer to stick to small cars in the A compact segment rather than moving up to bigger mid-sized cars.
The Tatas sold over 14,466 Indica cars, which was slightly lower than the sales of 14,592 units of the Santro hatchback in January.
Leading car maker Maruti Suzuki India Ltd on Thursday reported a 22.37 per cent increase in domestic sales in April at 59,539 units as compared to 48,652 units in the same month last year.
The eight were unauthorised travellers in the brake van of the goods train that derailed on Friday, and efforts were on to ascertain whether anyone else was still trapped under the wagons, he told PTI.
Maruti has offered discounts ranging from Rs 5,000 to 35,000 across various models. The discount is on Maruti 800, Omni, Alto, Esteem, Versa and on the petrol models of WagonR, Swift.
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