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June 2010

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Thursday, June 24, 2010

Tata steady; regards world truck sales

Tata steady; regards world truck sales

CHENNAI: Tata Motors is moving steadily on marketing its high horse power world truck developed with south Korean subsidiary Tata Daewoo, a top company official said Tuesday. "We are doing concept marketing. We first understand a prospect's goods carriage pattern and the route he carries. Only when we are satisfied tha ... Continue reading

Toshiba to build drive motors for hybrids in Houston

Toshiba to build drive motors for hybrids in Houston

DETROIT: Japanese electronics conglomerate Toshiba Corp said on Tuesday that it will begin producing drive motors for hybrid vehicles for Ford Motor Co. The company said it would produce the automotive propulsion units at an existing facility in Houston, Texas, the first time it has manufactured the units outside Japan ... Continue reading

Radio cabs at Rs 10/km soon in Delhi, govt invites tender

Radio cabs at Rs 10/km soon in Delhi, govt invites tender

THE Delhi government on Tuesday invited private firms and individuals to launch radio cab services at Rs 10 a km, easing the pain on commuters who will have to dig deeper to travel in an auto or taxi as fares are expected to rise 40% from Wednesday. The government has also relaxed rules to allow small cars such as Maru ... Continue reading

Tata Motors to consider fund raising on June 28

Tata Motors to consider fund raising on June 28

MUMBAI: Tata Motors said on Wednesday that its board would meet on June 28 to consider various options to raise long-term capital funds. No other details were immediately available. ... Continue reading

Tata to raise funds for debt reforms

Tata to raise funds for debt reforms

NEW DELHI: Auto major Tata Motors plans to raise long-term funds to restructure its over Rs 18,500 crore debt, for which a board meeting has been called on Monday. According to industry sources, the company plans to cut down its debt "substantially" and will evaluate various ways to raise funds. "The company is plannin ... Continue reading

Tata Motors set to mop up Rs 2,500 cr to trim debt pile

Tata Motors set to mop up Rs 2,500 cr to trim debt pile

MUMBAI: Tata Motors will consider ways of raising equity or foreign currency convertible bonds (FCCBs) on Monday as India’s largest truck and bus maker steps up efforts to pare debt and improve its debt-equity ratio. The Mumbai-based owner of Indica and Jaguar on Wednesday said its board will meet on Monday to con ... Continue reading

Hyundai relaunches sedan Verna at Rs 6.56 lakh

Hyundai relaunches sedan Verna at Rs 6.56 lakh

The country's second largest car maker Hyundai Motor India on Wednesday launched an advanced version of its mid sized sedan Verna, priced between Rs 6.56 lakh and Rs 9.22 lakh (ex showroom Delhi). The new car -- Verna Transform-- will be available in two engine variants of 1.6 litre petrol and 1.5 litre diesel. "The Ve ... Continue reading

Tata Motors fund raising plan may focus on local market

Tata Motors fund raising plan may focus on local market

Tata Motors will discuss options to raise long-term capital funds in its board meeting scheduled next Monday. While there is still no clear indication on the likely figure to be raised, sources say the money will largely be used for local programmes. This is because the funding for Jaguar Land Rover has been ‘virt ... Continue reading

Hyundai launches sedan variant Verna Transform

Hyundai launches sedan variant Verna Transform

Hyundai Motor India Ltd (HMIL) on Wednesday launched a new variant of its mid-sized sedan, the Hyundai Verna. The car will be priced between Rs 6.56 lakh and Rs 9.22 lakh. The new variant, Verna Transform, will come in two engine variants of 1.6-litre petrol and 1.5-litre diesel. The company, which had sold 82,076 unit ... Continue reading

Taco targets Rs 3,000-cr revenue from new businesses

Taco targets Rs 3,000-cr revenue from new businesses

Auto components maker and Tata Group company Tata AutoComp Systems Ltd (Taco) is aiming to increase its topline by over Rs 6,000 crore in the next four years Half of this increase is expected to come from businesses in which it is not currently present. The company, which posted a turnover of Rs 3,436 crore in 2009-10 ... Continue reading

2011 Toyota Sienna XLE 3.5L AWD Review

2011 Toyota Sienna XLE 3.5L AWD Review

...with the 2011 Sienna, Toyota goes from mid-pack to head of the minivan field. DRIVING DOWN THE ROAD WITH CAREY RUSS 2011 Toyota Sienna XLE 3.5L AWD If you regularly need to transport up to eight people -- in comfort -- and/or carry outsized or unwieldy cargo that won't fit in a sedan's trunk, there is really only on ... Continue reading

Hiromu Naruse Lexus Supercar Test Driver Killed Driving Near Nurburgring Race-track

Hiromu Naruse Lexus Supercar Test Driver Killed Driving Near Nurburgring Race-track

EuropePope deplores Belgian sex raids Bionic British cat gets faux paws Prison for French 'cannibal' Deadly blast at Greek ministry Queen in rare Wimbledon showing Vexed question of European leadership Twelve killed crossing railway track Supercar test driver killed Prince to marry swimming star Queen's allowance froze ... Continue reading

Camry and Accord Most 'American' According to Cars.com's American-Made Index

Camry and Accord Most 'American' According to Cars.com's American-Made Index

Japanese Automakers Claim Five of top 10 Spots on List CHICAGO, June 24 -- For the second year in a row, the Toyota Camry tops the list of the cars deemed most American by the editors at Cars.com. The Camry, which is assembled in Georgetown, Ky. and Lafayette, Ind.; is followed by the Honda Accord and the Ford Escape, ... Continue reading

J.D. Power: A Satisfying Product Experience Drives High Levels of Overall Vehicle Ownership Satisfaction and Loyalty

J.D. Power: A Satisfying Product Experience Drives High Levels of Overall Vehicle Ownership Satisfaction and Loyalty

Models from Audi, BMW, Ford, Kia, Mazda, Mercedes-Benz, Nissan and Toyota Rank Highest in Their Respective Segments in Satisfying New-Vehicle Owners in Germany MUNICH, June 24 -- Providing vehicle owners with highly satisfying product experiences has a considerable positive impact on overall satisfaction, which, in tur ... Continue reading

Brumos Porsche 250 At Daytona To Mark 100th Race For GRAND-AM's Daytona Prototype Class

Brumos Porsche 250 At Daytona To Mark 100th Race For GRAND-AM's Daytona Prototype Class

DAYTONA BEACH, June 23, 2010: The July 3 running of the Brumos Porsche 250 at Daytona International Speedway will be the 100th race for the Daytona Prototypes, the premier class of Fact Boxthe GRAND-AM Rolex Series Presented by Crown Royal Cask No. 16. The class debuted at the 2003 Rolex 24 At Daytona, when six DPs fro ... Continue reading

Boris Said Returning To GRAND-AM Rolex Series With Marsh Racing In Brumos Porsche 250

Boris Said Returning To GRAND-AM Rolex Series With Marsh Racing In Brumos Porsche 250

DAYTONA BEACH, June 23, 2010: Popular veteran Boris Said has entered the Brumos Porsche 250 at Daytona International Speedway, co-driving Marsh Racing's No. 31 Whelen Engineering Corvette with Eric Curran. The team competes in the production-based GT class of the GRAND-AM Rolex Sports Car Series presented by Crown Roya ... Continue reading

Tight Race Brewing For Oval Championship

Tight Race Brewing For Oval Championship

Indianapolis, June 23, 2010: In a 250-lap sprint at Iowa Speedway, Scott Dixon went from 11 points arrears of leader Dario Franchitti to three points clear of his Target Chip Ganassi Racing teammate in the A.J. Foyt Oval Championship standings. Through four oval races on the IZOD IndyCar Series schedule, Dixon has 151 ... Continue reading

Teams Gear Up For Road Races With Tests

Teams Gear Up For Road Races With Tests

Indianapolis, June 23, 2010: On the way to South Central New York for the Camping World Grand Prix at The Glen (only another 312 miles), five IZOD IndyCar Series teams will stop off June 30 at the Mid-Ohio Sports Car Course for a road course refresher. The Honda Indy 200 at Mid-Ohio presented by Westfield Insurance on ... Continue reading

AIM Autosport To Field Pegram In Formula Mazda

AIM Autosport To Field Pegram In Formula Mazda

Woodbridge,June 23, 2010: AIM Autosport is proud to welcome AMA Superbike competitor Larry Pegram to it’s Formula Mazda driver line up this weekend to compete in a pair of races in the in the Star Mazda Championship presented by Goodyear. Larry, along with his friend, jaw surgeon Walt Bowlin, will join AIM’s ... Continue reading

Volkswagen Claims International Engine of the Year Award - Again!

Volkswagen Claims International Engine of the Year Award - Again!

The much sought-after 'Engine of the Year Award' has been won by Volkswagen. Entered in the competition this year was Volkswagen's new 1.4-litre TSI engine and it won not only in the 1 to 1.4-litre category, but also took the overall award as 'International Engine of the Year'. There to accept the prize at the ceremony ... Continue reading

Jaguar XKR 75 Makes Debut At Goodwood Festival Of Speed

Jaguar XKR 75 Makes Debut At Goodwood Festival Of Speed

An exclusive XKR - the XKR 75 - will make its debut at the Goodwood Festival of Speed on July 2. ... Continue reading

Chevrolet At The Goodwood Festival Of Speed

Chevrolet At The Goodwood Festival Of Speed

There's a whole host of reasons to visit the Goodwood Festival of Speed, but Chevrolet hopes to make motorsport's most prestigious annual event even more glamorous than ever this year with the presence of two seductive new models - the Chevrolet Camaro and the Corvette ZR-1. ... Continue reading

Porsche At The 2010 Goodwood Festival Of Speed

Porsche At The 2010 Goodwood Festival Of Speed

Porsche will once again showcase an exciting array of new, iconic and historic models at this year's Goodwood Festival of Speed, 2 to 4 July. ... Continue reading

Two Wins For Toyota's Fuel Efficient Engines At The 2010 International Engine Of The Year Awards

Two Wins For Toyota's Fuel Efficient Engines At The 2010 International Engine Of The Year Awards

Toyota's engineering excellence has once again been rewarded with wins in the 'Green Engine of the Year' and 'Sub-1.0 Litre Engine of the Year' categories at the 2010 International Engine of the Year Awards. ... Continue reading

Audi Lighthouse Wins Major Award For Commercial Architecture

Audi Lighthouse Wins Major Award For Commercial Architecture

Audi's impressive 'Lighthouse' building has won a major NSW award for Commercial Architecture at the 2010 Architecture Awards, held in Sydney. In addition to the major prize for commercial architecture, the building also received a Commendation for Interior Architecture. ... Continue reading

Audi Celebrates 30 Years Of Quattro In 2010

Audi Celebrates 30 Years Of Quattro In 2010

Thirty years ago, Audi unveiled the vehicle that would revolutionise automotive technology - the first Audi quattro. First shown in March of 1980 at the Geneva Motor Show, quattro has since become synonymous with the Audi brand. ... Continue reading

VACC Supports New Motorcycle On-road Coaching Trial

VACC Supports New Motorcycle On-road Coaching Trial

VACC, the peak Automotive Industry body in Victoria, has backed the introduction of a new on-road coaching trial for novice motorcycle riders. ... Continue reading

International Engine of the Year Award 2010 for Audi TT RS 2.5 litre TFSI

International Engine of the Year Award 2010 for Audi TT RS 2.5 litre TFSI

A jury of 71 leading motoring journalists from 35 countries has voted the turbocharged 2.5-litre FSI in the Audi TT RS as the 'International Engine of the Year 2010' in the 2-litre to 2.5-litre category. ... Continue reading

Narva's Performance Headlamp Globes Cater For Differing Motoring Styles

Narva's Performance Headlamp Globes Cater For Differing Motoring Styles

Headlamp globes fitted as standard equipment to many modern vehicles can be easily upgraded to substantially increase the light output to meet virtually every driver preference. ... Continue reading

BMW Group: Getting Aktiv For Future Mobility

BMW Group: Getting Aktiv For Future Mobility

In the Aktiv development project, researchers from the BMW Group have come up with systems for safe and free-flowing road traffic. ... Continue reading

Skoda Australia Announces New Ambassador Partnership With Olympic Gold Medal Winning Triathlete Emma Snowsill

Skoda Australia Announces New Ambassador Partnership With Olympic Gold Medal Winning Triathlete Emma Snowsill

Skoda Australia's latest Ambassador is the Olympic and Commonwealth Games Gold medal winning triathlete Emma Snowsill. ... Continue reading

Rule Change Should Expand Market for Natural Gas Vehicles, According to NGVAmerica

Rule Change Should Expand Market for Natural Gas Vehicles, According to NGVAmerica

ANN ARBOR, Mich.--EPA's proposal to streamline the process for certifying natural gas vehicle aftermarket conversions is one of the most important steps government can take to expand the use of non-petroleum fuels, NGVAmerica told the agency today. "It has been a long time in coming and is welcomed." Natural gas vehi ... Continue reading

Ford Fiesta 'Unwraps' Itself With Unique New Interactive Owner Delivery Experience

Ford Fiesta 'Unwraps' Itself With Unique New Interactive Owner Delivery Experience

DEARBORN, Mich., June 24 -- The all-new Ford Fiesta is on its way to dealerships, and owners will receive an experience unlike any other when they take delivery of their new car -- A unique delivery experience for Fiesta owners includes a preloaded combination MP3 player and USB, which provide a one-of-a kind product " ... Continue reading

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