Sunday, August 7, 2011

News Headlines on Auto Adrenalin

#World Wide News:

>Chinese government closes 583 domestic lead acid battery plants.

>Dongfeng Nissan plans a new factory expanding capacity 1 million units in China.

>Mazda China reports 4 percent decline in sales at 118, 968 vehicles sales in January-July period.

>Audi reports 16 percent growth in July driven by China sales.


#Indian News:

>Hyundai gets revenue show cause notice from DRI for suspected tax evasion.

>Jaguar to come up with a hybrid super car and an entry level sedan challenging BMW.

>Honda Motor recalls 2.49 million vehicles worldwide over software niggles.

>GM overtakes Toyota as the world's largest auto maker after first six month sales.

>Maruti Suzuki expects competition to heat up this year.

>Tata Motors bets big on Aria crossover 4x2.



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