I was shocked when I read the article that HM (Hindustan Motors) are coming up with a brand new car that too in luxury segment. HM and General Motors have had tie-ups for years to produce Bedford Trucks, Vauxhall’s, Allison Transmissions and off-road equipment. Hindustan Motors has also a joint venture with Mitsubishi, producing versions [...]
general motors
GM is bankcrupt but here is a innovative stratigy they come up with in India by launching new Chevrolet Spark’s LPG version. The environment friendly LPG model features premium beige interiors with a certified Factory Fitted Next Generation Sequential Injection-type LPG kit, latest in terms of technology which is far superior to the venture-type LPG [...]
Fortune magazine reported that Top 500 US companies have witnessed 85% fall in profits in half decade. This is one major proof that recession is still intact and no one knows when it will end ? Earnings dropped 84.7 per cent from the previous year, from 645 billion dollars to 98.9 billion dollars, marking the [...]
Now its the Used cars business which was caught by the grip of Nano Effect. Dealers say the prices of the used cars have fallen over 20% since the announcement of Nano dates. The Nano, expected to sport an on-road price of Rs 1.25-1.3 lakh (Rs 125,000-130,000) for the no-frills, base version, will compete with [...]
Are you afraid of Recession? See these six companies which were born during Recession and their position and market cap now, you will understand the meaning of patience and the importance of recession in business cycle. People think recession is a bad time to start a company? Imagine if the founders of these major corporations [...]
