Global carmakers go for bigger share of India market
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Global car giants announced ambitious plans to grab a bigger slice of India's fast-growing market as they geared up for a vehicle show featuring the launch of the world's cheapest car.
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General Motors  sales outgrew the broader European car market in the first half as a surge in demand for its Korean-built Chevrolet brand cars offset a hefty decline in Saab sales, the automaker said on Monday.
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Some still question the vehicle's chances of success, despite a boost from India.
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India, already the world&#039;s fastest  growing wireless services market, is set to become a handset  manufacturing and export hub as giants such as Nokia and LG  churn out millions of phones to tap voracious demand.
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Toyota puts pressure on GM to be the world's biggest carmaker, as global sales rise by 6%.
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Toyota Motor Corp. is quickening its quest to unseat ailing rival General Motors Corp. as the world's biggest automaker and widen its lead over Ford Motor Co. with reported plans to boost overseas production by 40 percent to 5 million vehicles by 2008 and blueprints for higher output in North America.
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Honda is planning to open car factories across the world to meet fast-growing demand outside Japan.
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South Korean car maker Hyundai is to build a second plant in India, in an effort to increase sales in a rapidly-growing market.
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Plans to outspend Boeing in India could mean more commercial and defense business in the country.
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Automaker sees greater participation as the way to boost light truck sales in the fast-growing market.
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Automaker targets entry-level drivers as part of bid to increase its share of American market. By Kae Inoue and Maki Shiraki. Honda Motor Co.
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Toyota, already the world&#39;s most profitable carmaker, is set to draw level with General Motors as the world&#39;s biggest in terms of sales.
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Some 500 airlines from around the world gather in India to sell planes to the country's booming aviation sector.
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Ford Motor Co  said on Tuesday it  plans to invest $500 million in India to double manufacturing  capacity by 2010 and make a small car and engines to compete  more effectively in the fast-growing market.
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The company is expected to increase spending in India by $500 million, as it focuses on making the country a regional hub for small-car manufacturing.
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Russia, other nations in east are latest destinations for OEMs, suppliers. Facing tighter margins and continuous needs to be closer to market, automobile manufacturers in Europe continue to seek out low-cost ...
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Ford Motor Co  said on Tuesday it plans to invest $500 million in India to double manufacturing capacity by 2010 and make a small car and engines to compete more effectively in the fast-growing market.