Pioneer's net sales for the fiscal first quarter ended 30 June 2014 were up 3.73% to JPY113.33bn compared with JPY109.26bn in the fiscal first quarter ended 30 June 2013.
Honda Cars India Limited (HCIL) has decided to shift the entire production of the redesigned City to its Tapukara plant in Rajasthan, in order to meet rising demand for all models.
News
6 Aug, 2014
July 2014 saw new car registrations in the UK increase for 29th consecutive month as Ford Fiesta once again tops the sales chart
Mahindra & Mahindra and PSA Peugeot Citroën are in talks for a strategic alliance involving technology sourcing, mutual sharing of production capacity in France and India as well as "significant investments", The Economic Times said, citing industry sources.
Shares in Fiat fell to their lowest level this year, with traders citing concerns that investors who voted against the carmaker's merger with Chrysler would exercise their right to sell the stock, potentially jeopardizing the tie-up.
Shares in Fiat fell to their lowest level this year, with traders citing concerns that investors who voted against the carmaker's merger with Chrysler would exercise their right to sell the stock, potentially jeopardizing the tie-up.
Fiat CEO Sergio Marchionne blamed overblown press reports and a "lack of understanding" of the merger with Chrysler for a share selloff that threatens to blow the planned tie-up off course
Fiat Chrysler chief Sergio Marchionne today blamed overblown press reports and a "lack of understanding" of the merger with Chrysler for a share selloff that threatens to prevent the tie-up's completion.
New-car sales in the UK rose by 7 percent in July, as the country's credit-backed growth continued. The increase follows volume growth last month in Germany, Italy and Spain.
News
7 Aug, 2014
Majority of the most important UK motorways didn't run at full capacity for a single day last year
Turmoil currently engulfing relations between Russia and the West is starting to feed through to domestic consumer confidence with some forecasts estimating the market could plummet by as much as 30% this year.
Months of political unrest is threatening to drive some vehicle makers out of Thailand. The country's auto sector, the biggest in Southeast Asia, has already witnessed production and job cuts this year.
Domestic vehicle sales in South Korea increased by 1.3% to 127,319 units in July, from 125,687 units in the same month of last year, according to sources within the country's automotive industry.
New vehicle sales in Taiwan increased by over 22% to 45,143 units in July, from 36,931 units a year earlier, according to industry sources.
News
6 Aug, 2014
As the new Discovery Sport undergoes finals tests, Land Rover and Virgin Galactic reveal shared development approach
News
6 Aug, 2014
Motorists charged £2 a time use unofficial toll road after closure of main road
China said it will punish Audi, Chrysler and 10 Japanese spare-parts makers for antitrust violations. The Chinese government is scrutinizing pricing practices as the country becomes an increasingly important profit source for foreign automakers.
China said it will punish Audi, Chrysler and 10 Japanese spare-parts makers for anti-trust violations. The Chinese government is scrutinizing pricing practices as the country becomes an increasingly important profit source for foreign automakers.
President Obama says U.S. corporations that adopt foreign addresses to avoid taxes are unpatriotic. But the administration helped one $20 billion American company, Delphi Automotive, do just that.
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