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Home » Automobile News You are browsing entries filed in “Automobile News”

Jaguar Land Rovers has good future, Ratan Tata says

JAMSHEDPUR: Jaguar Land Rovers, the British luxury car brand owned by Indian automaker Tata Motors, has good future while Tata Steel Europe needed investment as well as improvement in the prevailing economic slowdown there to look up, said Ratan Tata, chairman of Tata Sons. “The future of Jaguar Land Rovers is very good and China being the second largest market. We […]

March 3rd, 2012 | Posted in Automobile News | Read More »

Volvo relaunches top models in india to take on BMW, Merc

NEW DELHI: Swedish carmaker Volvo has relaunched its top three models in India with smaller engines and lower price tags to compete better with rival German luxury carmakers BMW and Mercedes-Benz. Volvo’s S60 and S80 sedans and its XC60 SUV will now be available with 2-litre diesel engines in the introductory price range of 23.2 lakh to 35.9 lakh […]

February 16th, 2012 | Posted in Automobile News | Read More »

JLR buffers Tata Motors’ home profit decline

Tata Motors, the country’s biggest automobile manufacturer, on Tuesday reported a 41 growth in consolidated net profit at Rs 3,405 crore for the quarter ended December 31, 2011, as robust sales at Jaguar Land Rover (JLR) helped improve margins. The Mumbai-based company’s profit beat market expectations for the quarter. In the corresponding period last year, […]

February 15th, 2012 | Posted in Automobile News | Read More »

Domestic car sales may fall in FY’12

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New Delhi: Indian passenger car sales may decline for the first time in nine years with industry body SIAM today stating that it may miss the target of 0-2 per cent growth, after revising it three times for 2011-12 fiscal.   “For domestic car sales, if we go ahead with what we are doing at the […]

February 8th, 2012 | Posted in Automobile News | Read More »

BMW Fails to Keep Lead Over Mercedes-Benz in January U.S. Sales

Bayerische Motoren Werke AG’s BMW failed to keep its lead over Daimler AG’s Mercedes-Benz in January, getting some payback after December’s sales push to seal its place as 2011’s top-selling U.S. luxury brand. BMW deliveries rose 3.1 percent to 16,405 last month in the U.S., the Munich-based automaker said yesterday in a statement. Mercedes sales […]

February 2nd, 2012 | Posted in Automobile News | Read More »

New Swift Dzire launched by Maruti at a starting price of Rs 4.79 lakh

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NEW DELHI: Country’s No. 1 carmaker Maruti Suzuki India introduced a compact version of its entry-level sedan, DZire, at an introductory price between Rs 4.79 lakh and Rs 7.09 lakh (ex-showroom, Delhi). The new car that is based on the recently launched new Swift is available in 1.2 litre petrol and 1.3 litre diesel options. It is […]

February 2nd, 2012 | Posted in Automobile News | Read More »

Weaker rupee boost exports for Maruti, Hyundai and Nissan

  NEW DELHI: A weaker rupee has boosted the fortunes of Indian car makers, with some big-ticket export orders coming their way. Major players, such as Maruti Suzuki, Hyundai and Nissan, who have been battling sluggish demand at home, have their order books full for the next two months. Lured by higher export margins, Toyota Motors, world’s No. 2 […]

January 27th, 2012 | Posted in Automobile News | Read More »

Maruti Suzuki Q3 net slides 64%

NEW DELHI: Car major Maruti Suzuki failed to follow two-wheeler companies in reporting strong earnings in the third quarter as forex losses and lower sales depressed its year-on-year profit by 64%. The Suzuki-controlled company reported a net profit of Rs 206 crore in the quarter ended December 31, 2011 against Rs 565 crore in the same period last fiscal. […]

January 24th, 2012 | Posted in Automobile News | Read More »

Bearish Bets on Suzuki India Unit Near 8-Month High on Sales

Futures traders are the most bearish on Suzuki Motor Corp.’s Indian unit in eight months on concerns higher borrowing costs and increased competition from rivals will damp sales. Maruti Suzuki India Ltd. (MSIL)’s futures settled at 1,116.4 rupees yesterday in Mumbai, a 13.6-point discount to the underlying stock that’s near the widest since May, data […]

January 20th, 2012 | Posted in Automobile News | Read More »

Hero’s Q3 net vrooms 43%

NEW DELHI: Hero MotoCorp, the country’s biggest bike maker, reported a 43% rise in net profit for the third quarter ended December 31, 2011. The Munjal family-controlled company said profit in the quarter stood at Rs 613 crore against Rs 429 crore in the corresponding period of the previous year. Pawan Munjal, MD of Hero MotoCorp, […]

January 20th, 2012 | Posted in Automobile News | Read More »

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