Business Line reported that with car makers ramping up exports, Ennore port is expected to reach full capacity in 2 years. According to Mr SP Velumani CMD of Ennore Port Ltd, the port shipped 1.04 lakh cars last year. This year, it will ...
Tags: car exports, import export india, units conversion, capacity
Jaguar Land Rover has signed a letter of Intent with Saudi Arabia’s National Industrial Clusters Development Program (NICDP) to build a new plant to manufacture Jaguar and Land Rover brand vehicles in the country. The carmaker, ...
Tags: Jaguar Land Rover, New Plant, automotive manufacturing, vehicles, Cars
Czech carmaker Skoda, a subsidiary of Volkswagen, has unveiled the third generation Octavia which the company claims will consume low fuel. Compared to the second generation, the new Octavia is 90mm long and 45mm wide, with the wheelbase ...
Tags: Skoda, Octavia, Passenger Cars, vehicles, Cars
French manufacturing group PSA Peugeot Citroen will terminate a further 1500 jobs by 2014 due to continued financial woes,adding to the job cuts already announced in July. Bloomberg reports that Europe's second-largest carmaker,PSA ...
Tags: PSA Peugeot Citroen, Sales Gloom, job cuts, car industry
Reuters reported that China's boycotts of Japanese cars over a territorial dispute will shave about 550,000 tonnes, or about 2%, off Japan's fourth quarter steel output. A government survey of steelmakers showed that violent protests ...
Tags: steel market, steelmaker, boycotts of Japanese products
US carmaker Ford has unveiled the new 3.2L five-cylinder turbo diesel engine for its 2014 Transit commercial van,which will be on sale in North America during late 2013. The 3.2L turbo diesel will be mated to Ford 6R80 six-speed automatic ...
Business Line reported that Investindustrial, the Italian private equity fund, has signed a deal to buy a 37.5% stake in Aston Martin, joining Kuwait's Investment Dar, as the luxury car maker's major investor and seeing off competition from ...
Chinese carmaker Zhejiang Geely Holding has signed three technological cooperation agreements with Volvo Cars. The deals will allow Zhejiang to use some technologies Volvo plans to phase out in the next two years. As per the ...
Tags: Geely, Volvo, technological cooperation agreements, Li Shufu
Italian carmaker Fiat is planning to invest about EUR1.2bn in its luxury car brand Maserati through 2014 to produce three new Maserati models. Being invested as part of the carmaker's aim to drive its European operations to profit,the ...
Tags: carmaker, Fiat, Maserati, Quattroporte sedan
A smooth-running Toyota RAV4 that does not consume gasoline is now at dealerships, and we recently borrowed one to sample at our test track. And so far, we're seeing real appeal in an electric sport-ute. The RAV4 EV is derived from the ...
Tags: Toyota RAV4, EV, electric sport-ute, lithium-ion battery, Electric SUV
South Korean carmaker Hyundai has launched the revised version of Equus sedan in the home market. The Equus facelift is offered with two powertrain variants including 3.8L GDI V6 engine that generates an output of 334hp and 291lbft of ...
Tags: Hyundai, Equus sedan, carmaker, fine-tuned suspension
German carmaker Volkswagen has launched the new compressed natural gas (CNG) and biomethane powered Eco Up! car, which is claimed to be world's most economical CNG vehicle. Offered as two-door and four-door versions, the new car is ...
Tags: carmaker, Volkswagen, compressed natural gas
German carmaker BMW has unveiled the new 4-Series coupe concept prior to its public debut at the upcoming 2013 Detroit auto show in the US. The new coupe is expected to be offered in two versions including 428i and 435i which are ...
Tags: new 4-Series coupe concept prior, public debut, auto show
Czech carmaker Skoda, a subsidiary of Volkswagen, has started the production of Yeti sports utility vehicle (SUV) at GAZ's facility in Nizhny Novgorod, Russia. Skoda said it is the first vehicle to be produced at the facility under ...
The Renault-Nissan partnership is expected to sign $750m deal with Russia based OAO AVTOVAZ by next week, which would give 67.13% ownership of the company which manufactures Lada. Under the deal, Renault-Nissan would buy the stake held by ...
Tags: partnership, growing Russian car market, optimistic growth