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General Motors Co. and its local partners, intensifying competition in China in the no-frills car market, formally opened another plant for its low-cost Baojun brand.

Published in Business
Thursday, 15 November 2012 10:30

BMW rolls out 6 Series Gran Coupe in India

German luxury car maker BMW has launched its all-new BMW 6 Series Gran Coupe in diesel variant, priced at GBP 99073 (all-India ex-showroom), in the domestic market.

Published in Business
Wednesday, 10 October 2012 13:17

Japan carmakers to cut China production by half

Japan's Toyota Motor Corp 7203.T, Nissan Motor Co 7201.T and Honda Motor Co 7267.T plan to slash production in China by roughly half, the Nikkei newspaper reported, as a territorial row between Asia's two largest economies cuts sales of Japanese cars in the world's biggest auto market.

Published in Business
Wednesday, 10 October 2012 12:25

Car bomb blast at police building in Damascus

A car bomb exploded near a police headquarters in the Syrian capital Damascus, state media and opposition activists said.

Published in World

Higher fuel prices and interest rates and a slowdown in the economy saw car sales plummeting more than 18 percent in August, the biggest drop in 10 months, the Society of Indian Automobile Manufacturers (SIAM) said.

Published in Financial

Domestic passenger car sales recorded the slowest growth in the last seven months in May at 2.78 percent and stood at 1,63,229 units from 1,58,809 units sold in the corresponding month of last year.

Published in Business

South Korean carmakers marked their record monthly exports last month due to robust overseas demand for small-sized cars and sport utility vehicles (SUVs) manufactured domestically, a government report showed.

Published in Economy