Auto Sector

Toyota’s investigations point out driver error in most of the cases

Toyota’s investigations point out driver error in most of the casesA first stage investigation for the accidents of Toyota cars has pointed out the driver fault as the primary cause of the accidents.

GM posts largest quarterly profit since 2004

General-MotorsThe top U.S. automaker General Motors Co has reported that it has posted its biggest quarterly profit in last six financial years. GM has announced its second quarter financial results for the ongoing financial year.

No Splash from Ford

No Splash from FordWhile the auto major Ford India refused to give away the Splash brand to Maruti Suzuki for the Ritz in the Indian market but the company has recently said that it has no plans to launch any product under the brand in the coming years.

Mitsubishi announces a hike in Outlander price

Mitsubishi announces a hike in Outlander pricePremium carmaker Mitsubishi Motors has recently said that the company will raise the price of the recently launched Outlander by close to 2% by next month.

While the company is withdrawing the introductory offer on the vehicle, it is to be mentioned here that the company, which is present in India through a technical collaboration with Hindustan Motors, introduced the SUV with a

Bosch first quarter net profit jumps 11% at Rs 210 crore

BoschLeading auto components maker Bosch has announced its first quarter financial results for the fiscal year 2010-11. Bosch has informed that it has posted a net profit 11% higher in the Q1 this year against its corresponding quarter last year.

Two companies back out in Ssangyong race

Ssangyong-MotorsWhile the South Korean SUV major, Ssangyong motors has been in the news for the past many days mostly because of the names of the parties that have been very much interested in buying the target company but as the race is coming to an end, two firms have already backed out.

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