Archive for the 'News' Category

Special Business Report: Russian Car Sales Up 18%

Russia’s largest car maker, AvtoVAZ posts 18% sales increase in February from a month earlier. The Russian government is lauching a “Cash for Clunkers” program to stimulate sales.

2008-12-26 CBC News

Auto industry news.

Car Thefts at 20-Year Low – Autoline Daily 252

The European Union has questioned the Opel bidding process and is suggesting GM may be allowed to give it another go. Kia has officially unveiled its new top-of-the-line sedan. Hundreds of workers protested Russian automaker AvtoVAZ in the country over the weekend. All that and more, plus Jim Hall shares his thoughts on the current [...]

President Obama, Pelosi Want Help for Auto Industry

President-elect Barack Obama urged President George W.

Mahindra Enters High Growth Electric Car Segment; Acquires Majority Stake in REVA

Mahindra & Mahindra Ltd. strengthened its position in the electric vehicles domain with the acquisition of a majority stake in REVA Electric Car Co Ltd. Bangalore. REVA Electric Car Co Ltd. will be renamed Mahindra REVA Electric Vehicle Co Ltd. Under the new agreement which was signed today by both the companies, M&M will own [...]