stand-off between employees and management of Toyota
Kirloskar Motor over the lockout of two plants at Bidadi near Banglore continues,
employees union has begun indefinite day and night fast, while the company has
called this action "regrettable".
Hinduja Group flagship company Ashok Leyland today
said it has bagged an order worth $ 50 million (nearly Rs 300 crore) from the
Zimbabwe government for the supply of 670 vehicles.
The GM China Advanced Technical Center (ATC) in Shanghai has
begun operation of its Vertical Squeeze Casting (VSC) machine – the first in
the world designed for developing next-generation magnesium castings. This
achievement marks a breakthrough in lightweight materials research by General
Motors
Analysts estimate that US auto sales rose around 2 per cent
over last March, to a total of 1.5 million new cars and trucks.
Tata MotorsBSE -0.56 % is foraying into the Philippines
market with the export of passenger and commercial vehicles, including Manza
sedan and Xenon pick up trucks, to the South East Asian nation.
German luxury car maker BMW today launched an all new
version of its M6 Gran Coupe, a four-door sports car, priced at Rs 1.75 crore
(ex-showroom Delhi).
Beijing Automotive Group Co, Daimler AG's Chinese partner,
said on Thursday it is still seeking acquisition opportunities in Europe and
the United States as part of efforts to accelerate its global expansion.
In a very surprising but unconfirmed move by the company,
Maruti seems to have withdrawn the Ritz and Dzire automatics from the market
according to a report from Autocar.
Mazda Motor Corp is to recall about 88,000 vehicles globally
to fix a programming glitch in its engine control computer.
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