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Thursday, August 04, 2011

By Pranjal Gera

Production Capacity of Maruti to Reach 17.5 lakh units in Two Years

Production Capacity of Maruti to Reach 17.5 lakh units in Two Years

India’s largest car manufacturer, Maruti is expecting to touch the significant figure of 17.5 lakh unit production in two years, according to the statement of Managing Executive Officer (production) M.M.Singh in CII logistics seminar. The current strength at Manesar plant in Gurgaon.... [Read More]

Thursday, August 04, 2011

By Pranjal Gera

Ford anticipates 1/3rd sales from Asia Pacific, Africa by 2020

Ford anticipates 1/3rd sales from Asia Pacific, Africa by 2020

The media recently reported that Ford Motor Company, the US car manufacturer on Friday stated that by 2020 it is anticipating 1/3rd of its sales to come from Africa and Asia Pacific constituency. This has been quoted from Joseph R Hinrichs, the Vice-President of Ford Motor Company.... [Read More]

Tuesday, August 02, 2011

By Pranjal Gera

RBI rates hike spooks markets

RBI rates hike spooks markets

Auto and Banking are expectedly among the hardest hit by the RBI's decision on hiking interest rates Sanjeev Zarbade, Vice President of Kotak Securities said that the hiking of interest rate has given a negative surprise to the sensitive sectors like banks, autos and real estate. Senior Vice-President (Sales and Marketing) Jnaneswar Sen.... [Read More]

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