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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 [...]
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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 [...]
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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 [...]
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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 [...]
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