TODAY ON ROADST3R - Car STORIES (Free subscription) | 01/12/2008
In stark contrast to its US operations, which seem to be serious trouble right now, General Motor's Indian arm seems to be doing at least reasonably well. General Motors India, which has announced new investments of up to US$500 million in the country, is working towards setting up new car and powertrain...
Daily News Analysis (Free subscription) | 01/12/2008
Unperturbed by the Mumbai terror attacks and its ongoing struggle to avoid bankruptcy back home, US auto major General Motors Monday said it is making India power-trains development hub for Asia-Pacific region.
Indian Express (Free subscription) | 02/12/2008
... and four-wheeler companies have reported a steep decline in November sales. Maruti Suzuki India, the country’s largest carmaker, reported a 27.4% decline in sales, its biggest fall this fiscal. The company sold 47,103 cars in November compared to 64,885 in the same month last year. While sales of cars from Maruti’s A2 umbrella—Alto, Wagon-R, Zen, Swift and the newly launched A-Star-—fell...
Times of India (Free subscription) | 01/12/2008
... Rs 485.5. Tata Motors continued with its dismal showing as its passenger vehicle sales fell 12%. General Motors India was also under pressure as its numbers also fell a major 20% in November. "The auto industry will continue to be under a lot of pressure in December and the situation may remain the same even in the first few months of 2009 if banks maintain their cautious approach...
Indian Express (Free subscription) | 28/11/2008
The terrorist attack in Mumbai has come as yet another blow to the Indian automobile industry, which is already reeling under a sales slump due to high interest rates and lack of finance availability.
