Month: June 2011
Nissan Projects 14.4% Drop in Annual Operating Profit of 460bn Yen
Nissan Motor Co. recently announced their forecast for their annual operating profit, a decrease of just 14.4%; defying the setback it faced because of the March 11…
Maruti Suzuki Lowers their Annual Sales Growth Projection from 13% to 8%
The largest manufacturer of passenger vehicles in India, Maruti Suzuki recently lowered their sales forecast for the present year to 8% from the 13% they had projected…
Tyre Manufacturer MRF Broadcasts Lockout at their Kottayam Facility Following Labour Problems
India’s leading tyre manufacturer, MRF based in Chennai, recently announced that are facing a labour problem at their Kottayam facility in Kerala and have hence declared lockout.…
Suzuki Projects 2.9% Increase in Annual Operating Profits for this Year
In spite of the problems faced because of the March 11 natural disaster than struck Japan home to leading global auto manufacturers, the recent labour strife’s and…
Maharashtra Scouting for Land around Pune to Lease to Auto Industry
We recently reported how Gujarat is proving to become the next auto hub with auto manufacturers Ford and Maruti mulling opening new manufacturing facilities in the area.…
Labour Issues to Hamper India’s Goal of Becoming a Global Hub for Small Cars: JD Power
Recently the auto industry was in the headlines for all the wrong reasons, like the recent strike at Maruti’s Manesar facility, along with a number of cases…
Tata’s to Increase Production of Auto Steel by 20% in this Fiscal
Facing increased demand from the automobile industry for steel, Tata Steel announced on Friday that they would be increasing their auto-grade steel production to 1.2mn tonnes, in…
Tips on buying a used Fiat Uno in India
Fiat India may have a had a hard time surviving in India in their early innings. The second innings are also not too far away from that…
Sachin Gets New Nissan GT-R
We recently reported about Surat based businessman, Jayesh Desai having purchased the red Ferrari, which Sachin had received as a gift from FIAT. The parking spot in…
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