Both Society of Indian Auto Manufactures (SIAM) and Auto Component Manufacturers Association (ACMA) have requested the Government to look at a redressal package comprising a two to three year "Bridge Policy" to enable the industry survive the current economic crisis.
http://ibnlive.in.com/news/auto-industry-hope-for-a-bailout-pkg-from-new-fm/79684-7.html
Maruti Suzuki, India's largest car maker is betting big on its new offering, A star. It is in competition to Hyundai's i-10 and the carmaker hopes it will buck the trend of flagging sales.
http://ibnlive.in.com/news/maruti-bets-big-on-its-new-baby-astar/78482-25.html
Higher interest rates, inflationary pressures, fuel price hikes, and an inauspicious period in the month had an impact on retail demand for cars this September.
http://ibnlive.in.com/news/inflation-hits-auto-industry-sales-are-low/77161-7.html
As the Trinamool Congress (TMC) sponsored indefinite dharna continues in Singur, the area is gearing up for a mass influx of protestors from Kolkata. The Trinamool Congress Chhatra Parishad, the students and youth wing of the TMC is expected to hold a mass rally in Singur on Thursday.
http://ibnlive.in.com/news/tata-nano-workers-ferried-under-police-protection/72360-3.html
As the Trinamool Congress (TMC) sponsored indefinite dharna continues in Singur, the area is gearing up for a mass influx of protestors from Kolkata. The Trinamool Congress Chhatra Parishad, the students and youth wing of the TMC is expected to hold a mass rally in Singur on Thursday.
http://ibnlive.in.com/news/tata-nano-workers-ferried-under-police-protection/72360-7.html
Don’t interfere in steel pricing, focus on improving production: that is the message from steel makers have sent to the Government. A tonne of steel in India is Rs 15,000 to Rs 20,000 cheaper than international rates. But steel makers say when the deadline for the cap on prices expires on August 7 they may consider a hike.
http://ibnlive.in.com/news/steel-firms-say-time-to-scrap-price-cap-govt-mum/68994-7.html
US venture capitalist Wilbur Ross has confirmed his interest in acquiring a stake in Spicejet Airlines, which had earlier rejected UB Group’s similar offer. Sources reveal both the parties are in advanced stage of talks. If the deal is sealed, Spicejet will be issuing fresh equity to Ross, which means that the stakes of other promoters will proportionately reduce.
http://ibnlive.in.com/news/us-billionaire-investor-confirms-interest-in-spicejet/68532-7.html
While steel producers continue to hold prices of steel , the consumers are getting steel at 10-15 per cent higher price.
http://ibnlive.in.com/news/steel-producers-hold-prices-consumers-suffer/68198-7.html
Your plans of owning a Tata Nano might have to wait. Protests at the Singur plant have forced Tata Motors to ship components for the Nano to the other plant at Uttarakhand.
http://ibnlive.in.com/news/singur-speedbreaker-tata-falls-back-on-nano-plan-b/68062-7.html
Delhi is on a green drive and Reva the world's largest selling electric vehicle is a new addition in the fight against pollution.
http://ibnlive.in.com/news/delhi-gives-host-of-incentives-for-buying-electric-cars/67853-25.html
Honda's City has ruled Indian roads in the mid segment for a decade now. After a facelift in 2005, Honda is all set to roll out the third generation Honda City. These pictures have been recreated by our team in overdrive based on spy cam shots taken of the car in Pune.
http://ibnlive.in.com/news/scoop-the-thirdgeneration-honda-city/67715-25.html
As oil prices continue to hit the ceiling, the demand for hybrids is bound to pick up. So Honda has brought in India's first hybrid vehicle – Civic Hybrid.
http://ibnlive.in.com/news/honda-launches-indias-first-hybrid-car/67374-25.html
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