Maruti posts surprise quarterly profit fall
New Delhi, July 24: India's biggest carmaker Maruti Suzuki reported Saturday quarterly net profit fell by a surprise 20 percent as the company was pummelled by a surge in raw material costs.
Maruti,
Nissan recalls 421 imported buses in China
Beijing, July 23 (PTI) Japanese carmaker Nissan has recalled 421 imported Civilian passenger buses in China due to design problems, the country's quality watchdog said today.
The imported Civilian bu
Fiat reports return to profit, approval for 'demerger'
MILAN, July 21, 2010: Fiat announced on Wednesday a return to profit in the second quarter and won board approval for the Italian auto giant's plan to hive off non-car activities.
The group posted a
Maruti Suzuki to limit exports to last year's level
Chennai, Jul 20: India's largest automaker Maruti Suzuki will limit exports to the last year's level due to capacity constraints, a top official of the carmaker has said.
"We are not competing in exp
Fiat India to export cars in SAARC countries
Chandigarh, July 20: Fiat India today said that it was looking to export its cars in South Asian Association for Regional Cooperation (SAARC) countries to boost its export volumes.
?We are looking to
Fiat launches diesel variant of Grande Punto
New Delhi, July 16: Car maker Fiat India today launched a new diesel variant of its small car, Grande Punto, priced at Rs 6.79 lakh (ex-showroom price, Delhi).
The company claimed that the car, with