Read more about General Motors looking to build 2nd US battery factory, Tennessee likely on Business Standard. The firm says it s looking for a site to build a second US battery factory with joint venture partner LG Chem of Korea
Read more about Renault begins sales of SUV Kiger; delivers over 1,100 units on first day on Business Standard. The Indian arm of French automaker Renault has begun the commercial sales of its SUV Kiger with more than 1,100 units of the vehicledeliveredto customerson the very first day,the company said on Wednesday.The all-new Renault Kiger is currently
Read more about Hero MotoCorp shares rise nearly 4% as sales rise in February on Business Standard. The two-wheeler maker reported rise in total sales during February
Union Minister Nitin Gadkari on Tuesday asked automakers to build flex-engine vehicles for using alternative fuel. Road Transport, Highways and Shipping Minister Nitin Gadkari, talking to a delegation ofcarmakers from the Society of India Automobile Manufacturers (SIAM), on Tuesday stressed the need for indigenous technology for flex-fuel vehicles. Gadkari has urged car manufacturers to give priority to the indigenous production of flex engines, which can be used in vehicles using alternative fuels such as ethanol, the Ministry of Road, Transport and Highways said in a statement. The minister said that with ethanol beginning to be easily available in the country and over 70 per cent of gasoline consumption being done by two-wheelers, there is a need to develop indigenous technology for flex fuel vehicles.
Read more about Expect double-digit volume growth in next 6 months on low-base effect: HMSI on Business Standard. Honda Motorcycle and Scooter India (HMSI) expects to log in double-digit volume growth in the ongoing quarter as well as April-June period of the next fiscal year