Automobile Industry - NEWS

New Delhi/Chennai, July 1 (IANS) Production losses at industry leader Maruti Suzuki and a slump in sales because of high interest rates and rising fuel prices have resulted in a grim sales picture for the auto industry in June.

The 2011 Pebble Beach Concours d'Elegance celebrates the 125th anniversary of the automobile and such storied vehicles as the 1902 Mercedes Simplex. | June 30, 2011 | 2010 by Riverview Media Photography, Tia Gemmell, Courtesy of Pebble Beach Concours d'Elegance

The Indian automobile industry witnessed a bumpy ride with Hyundai Motors reporting a higher sales in June while Maruti sales were impacted due to workers' strike and maintenance shutdown. High inflation, increased interest on loans and price increases had also contributed to the fall in sales by Maruti and Tata Motors.

Dealers face a big, strange challenge, as the earthquake-triggered tsunami wiped out a large portion of the automobile industry's supplies.

Truckers hauling fireworks to light up cities nationwide are being given an exemption on federal driving rules for the July 4th holiday, sparking concerns for safety advocates. But the industry says without it, some places wouldn't have enough green to pay for flashes of red, white and blue.

MUMBAI (Reuters) - Berger Paints India Ltd expects demand for paints to ease slightly in the current fiscal year as rising interest rates and a surge in paint prices dent consumer sentiment.

The last year had witnessed breakneck speed growth for the automobile industry and most of the major auto...

In the last one month, there has been several reports of growing discord between workers and management...

Tata Steel today said it planned to increase its auto steel sales by 20% to 1.2 million tonne by end-this fiscal as the Indian automobile industry was growing at a fast pace.

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/1b5f63/china_automobile_c) has announced the addition of the "China Automobile Camshaft Industry Research Report" report to their offering. This report has been composed based on huge amounts of data sourced from the National Bureau of Statistics of China, China Customs, National ...