Honda puts expansion plans on hold

Tuesday, December 23rd, 2008 643 Views

Honda Siel Cars India has announced a delay the capacity enhancement and assembly operations in its Tapukara plant, which is based in Rajasthan. Honda had initially planned to increase the capacity for the last quarter of 2009.

Will cheaper cars help drive sales?

Wednesday, December 10th, 2008 1,135 Views

With the current global market going through a bad phase, the US car market declined by 37% in November 2008, hitting the lowest in the past 26 years, with the three giant auto makers- General Motors, Chrysler and Ford’s sales figures declining by more than 40%. The current US car ...

Tata Motors to shut Jamshedpur plant for five more days

Friday, November 28th, 2008 694 Views

The global recession has indeed hit the Indian auto industry hard. Tata Motors will for the second time, close its Jamshedpur plant for five days from the 25th to the 29th of November, according to company spokesperson, Mr. PJ Singh.