New Delhi: Auto sales in India moderated in May with the country's largest car makers Maruti Suzuki, General Motors, Ford and TVS Motor posting declines in their numbers due to post-Budget price hikes, high interest rates and rising fuel prices. Hyundai Motor, Tata Motors and Mahindra & Mahindra, however, witnessed sales going up. During the month, the country's largest two-wheeler maker Hero MotoCorp registered its highest ever monthly sales. Maruti...
09:38 PM, Jun 01, 2012
New Delhi: The country's largest carmaker Maruti Suzuki on Friday reported 4.99 per cent fall in total sales at 98,884 units for May. The company had sold 1,04,073 units in the same month last year, Maruti Suzuki India said in a statement. In May, MSI recorded domestic sales at 89,478 units, compared to 93,519 units in the year-ago period, registering a fall of 4.32 per cent. Similarly, MSI's exports went...
12:21 PM, Jun 01, 2012
New Delhi: Left leaders Prakash Karat, AB Bardhan and Sitaram Yechury on Thursday courted arrest along with a number of their supporters in central Delhi as part of their protest against petrol price hike. The protest was organised at Delhi Gate on Thursday morning and a number of demonstrators blocked traffic. Holding placards and shouting slogans against the government, the Left activists marches towards the Daryaganj Police Station where they...
12:50 PM, May 31, 2012
New Delhi: The nationwide bandh called by the NDA and the Left Front evoked a mixed response from across the country on Thursday. While the NDA states were hit by the Bharat bandh, there was a lukewarm response in the Congress-ruled states as they remained partially affected. Most of the protests have been peaceful till now, but sporadic violence has been reported from Maharashtra and Karnataka. In the BJP-ruled Karnataka,...
11:44 AM, May 31, 2012
New Delhi: The bandh called by NDA and Left parties to protest the hike in petrol prices did not evoke much response in the national capital though party supporters blocked traffic in some places. Small shops were seen open in many areas in the morning while commuters complained that there were less autos on roads as number of auto and taxi unions have joined the protest. BJP activists led by...
11:04 AM, May 31, 2012
New Delhi: JD(U) chief Sharad Yadav was detained on Thursday in Bihar while he tried to enforce the Bharat bandh. JD(U)'s women's wing also stalled traffic on rail route in Patna. BJP leader Mukhtar Abbas Naqvi also courted arrest in Delhi. He tweeted, "I am arrested, While taking part in protest program against Petrol price rise, @ akshardham." (sic). In Allahabad, Samajwadi Party workers, too, jammed the Delhi-Howrah rail route...
10:30 AM, May 31, 2012
New Delhi: The Bharat bandh against petrol price hike started affecting normal life across the country on Thursday. The protests even turned violent at some places with public transport being damaged. In Karnataka, three state-run buses were burnt and 11 others were damaged early on Thursday morning. Following this, the BMTC has suspended operations for now and will review the situation after a meeting. There were similar scenes in Pune...
09:30 AM, May 31, 2012
New Delhi: The Bharat bandh call by the NDA and the Left parties started affecting normal life on Thursday with the other parties joining the the protests. Rail traffic was hit as Samajwadi Party and JD(U) workers blocked rail routes in Allahabad and Patna. The Saket Express and Ganga Gomti Express were stopped in Allahabad. The bandh turned violent in Karnataka as protestors burnt three state-run buses and damaged 11...
07:40 AM, May 31, 2012
New Delhi: The Delhi government on Wednesday warned various auto-rickshaw unions not to go ahead with their proposed strike on Thursday demanding hike in fares, saying it punitive action may be taken against those who participate in the protest. Transport Minister Arvinder Singh Lovely said a majority of auto-rickshaw unions have conveyed to the government their decision not to participate in the strike. Lovely said the unions which have given...
11:02 PM, May 30, 2012
HYDERABAD: A day after oil companies announced the steepest ever hike in petrol price, auto-rickshaw drivers in the city seemed to have taken an oath to pass on the burden to the people, disregarding the mandatory meter chargers, and further fuelling public fury. At several places, people were seen arguing with the auto-drivers for overcharging them in the name of the petrol price hike. I travel the same distance to...
08:40 AM, May 25, 2012
Mumbai: In the wake of the over Rs 7 increase in petrol prices by the government, CNBC-TV18 spoke to executives from leading auto companies for their reaction on the hike in petrol prices, its impact on the rupee and the economy as a whole. Maruti Suzuki chairman RC Bhargava says that the price hike was not a shocker given the speed with which the rupee has depreciated. He also added...
10:37 PM, May 23, 2012
New Delhi: The automobile industry has hit out at the petrol price hike saying the increase will hurt the sector which is already reeling under a slump. "Petrol cars are not selling as such already. With this record hike, the situation will go from bad to worse," Society of Indian Automobile Manufacturers (SIAM) Senior Director Sugato Sen said. In the short-term, sales will be further impacted while in the long...
08:21 PM, May 23, 2012
Detroit/San Francisco: General Motors Co said on Tuesday it will stop advertising on Facebook, even as the social networking website prepares to go public, with a source familiar with the matter saying the automaker had decided Facebook's ads had little impact on consumers. The decision by GM, the third-largest advertiser in the United States, marks the first highly visible crack in Facebook's strategy and underscores doubts about whether advertising on...
02:31 PM, May 16, 2012
New Delhi: American comedian Jay Leno donned a cream coloured 'sherwani', resplendent with delicate embroidery to welcome a Tata Nano car to his 17000-square-foot garage in southern California. Leno even invited Bollywood dancers for the inauguration of the white Nano with the Indian tricolour displayed in the background and painted across the body of the car. The host of 'The Tonight Show' has a weakness for electric and hybrid vehicles...
02:17 PM, May 16, 2012
CHENNAI: Passengers arriving at Central Railway Station and opting for pre-paid autorickshaws have a hard time as they have to wait long hours to get an auto for their onward journey. The pre-paid auto drivers say that the Metro Rail construction work has taken up most of the space they previously used as a stand, forcing most of them outside the station complex. Kritika, who arrived from Bangalore on the...
08:56 AM, May 15, 2012
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