Wednesday, July 27, 2011

News Buzz

News of World Wide Market:

>Luxury car sales continue to grow in China.

>Daimler to invest $ 2 billion on Mercedes-Benz Alabama plant expansion.

>Lewis Hamilton clinches the German F1 Grand Prix.

>Volvo To Launch Cheaper Variants In India To Increase Sales.

>Electric Vehicle maker THINK gets a new owner.


#News of Indian Market:

>Audi introduces the new Audi A8 L W12 quattro at Rs 1.26 crore.

>Luxury tractors to be sold on invitations in Indian market by M&M.

>Volvo might introduce corporate luxury sedans of S60 and S80 models in India next year.

>HM-Mitsubishi provides first-hand rallying experience to customers aboard Cedia.

>Mitsubishi Pajero Heart-in-Mouth Rally kick-starts from Ludhiana.

>Tata Motors registers a 21 percent decline in its net debt in FY11 at Rs 21,480 crore.

>British High Commission and JCB India orgainse cycle rally to raise awareness on cancer.

>Rayat Bahra VECV automotive technology center inaugurated in Mohali.

>Ashok Leyland-Nissan joint venture sets a target of 1.4 lakh unit sales in next three years.

>Force India registers its F1 race of the season in German Grand Prix with a sixth place finish.

>Global paint and coatings major AkzoNobel launches global car refinish brand Dynacoat in India.

>FORCE Motors signs a License Agreement with Daimler AG for MPV technology.

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