car industry

Who Bought Hummer

Armen Hareyan — Tue, 02 Jun 2009 08:41:16 -0500

No body knows who bought Hummer. General Motors sold Hummer to mystery buyer just one day after GM filed for bankruptcy.

Authorities Strike An Automaker Deal

Armen Hareyan — Wed, 10 Dec 2008 08:24:30 -0600

The Bush administration and Democratic lawmakers have reached a tentative agreement to provide the struggling U.S. auto industry with $15 billion in emergency loans.

White House Reviews Draft US Auto Deal

Armen Hareyan — Tue, 09 Dec 2008 06:25:15 -0600

The White House is reviewing a draft agreement submitted by Democratic Party lawmakers who say it could help the ailing U.S. auto industry survive the next few months and rescue millions of jobs.

Bayh Says Battery Systems Have Enormous Potential For Cars

Armen Hareyan — Wed, 06 Aug 2008 09:14:22 -0500

This news is published on the website of senator Evan Bayh's website on July 16, but it's very relevant today as his energy view is very similar to what Barack Obama said yesterday on radio about energy and electric batteries powering around 1 million cars in USA, thus taking off the pressure from gasoline powered cars and prices.

Ford's Fantastic Five

harminka — Tue, 22 Jan 2008 12:10:27 -0600

Following both What Car? and Top Gear awards success, the Ford Mondeo has now been recognised by another trusted industry publication.

Buick Presents Riviera Concept At 2008 Detroit Auto Show

Armen Hareyan — Sun, 13 Jan 2008 08:31:55 -0600

The Buick Riviera Concept, a concept car created by Chinese Designers of General Motors will showcase on the 2008 North America International Auto Show next week, news from GM's top designer.

India could become largest Kamaz truck maker outside Russia

seher — Thu, 10 Jan 2008 13:28:00 -0600

NEW DELHI, January 10 (RIA Novosti) - Kamaz, one of Russia's largest truck makers, plans to sign an agreement on a joint venture with India's Tatra Vectra in February, which could make it the largest Kamaz plant outside of the country.

Tata Motors Unveils Tata Nano The People's Car

Armen Hareyan — Thu, 10 Jan 2008 06:26:49 -0600

Tata Nano was unveiled at the Auto Expo today in New Delhi, India. It will be launched in the market only towards the end of this year. Tata Nano is the world's cheapest car costing only $2500 dollars and is very likely to set a new trend in car industry.

Ford Motor Company Announces $500 Million Investment to Expand India Operations

harminka — Tue, 08 Jan 2008 14:20:50 -0600

Ford Motor Company today announced plans to invest US$500 million to expand its India operations, reaffirming its commitment to developing and implementing an aggressive growth strategy in the country.

Nissan Opens New Flagship Dealer

mohammad — Thu, 27 Dec 2007 00:51:13 -0600

Nissan Motor Co., Ltd., today announced its production, sales and export figures for November.

Car maker GM opens design studio in India

Dinka — Thu, 29 Nov 2007 10:03:37 -0600

General Motors Corp. opened its first design studio in India on Thursday in an attempt to extend its presence in the country.

South Korean antitrust regulator fines Hyundai, Kia

Dinka — Thu, 15 Nov 2007 08:58:07 -0600

Antitrust regulator ordered Kia Motors Corp. to pay subcontractors and fined Hyundai Motor Co. for fair trade violations.