Auto Manufacturers Auto manufacturers have suffered severe blows, but in 2010 there has been a prevailing and positive buzz for an industry that was on life support as the credit crisis worsened and the recession deepened.
and General Motors were spotlighted at the 2010 Detroit Auto Show, and Ford stole the show. Not only did Ford's Fusion Hybrid win North American Car of the Year, but the 2012 Focus was the show's shining star.
Light Commercial Vehicles Diesel Tanks
BEIJING (Xinhua) -- With the latest models and techniques at the show, the eleventh Beijing International Automotive Exhibition, or Auto China 2010, officially kicked off here on Sunday.
The Expo, with a theme of â??Imagining the Green Futureâ?? this year, will focus on clean energy vehicles with 95 new-energy-driven cars from foreign and Chinese automakers on display.
They are joined by 65 concept vehicles and 89 models making their world debut, forming part of the 990 exhibits from 16 countries and regions, according to the Expo's organizing committee.
MUMBAI:Equities ended choppy session on a lower note ahead of April series F&Oexpiry. Negative cues from the global markets also dampenedsentiments.
National Stock Exchange’sNifty ended at 5307.50, down 14.95 points or 0.28 per cent. The broader indextouched intra-day high of 5330.55 and low of5301.40.
Bombay Stock Exchange’s Sensexclosed at 17686.38, down 58.90 points or 0.33 per cent. The index touched a highof 17769.25 and low of 17678.56 in trade sofar.
Mumbai-based utility vehicle and tractor maker Mahindra & Mahindra (M&M) is interested in buying stakes in beleaguered South Korean sports utility vehicle manufacturer SsangYong Motor Company (SMC).
According to the Korea Economic Daily, M&M recently sent a letter to the management of SsangYong, expressing its desire of buying controlling rights in the cash-strapped firm. The paper did not cite the source of the news.
While SsangYong officials were unavailable for comment, M&M officials declined to do so. M&M’s stock today closed 1.5 per cent higher on the Bombay Stock Exchange, at Rs 528.40.
Grace Liang, Reuters A model poses next to International Application Technology Co.'s Zu electric concept car at the Beijing Auto Show on Friday. China overtook the United States in 2009 as the world's biggest auto market ...
If the global auto industry was gutted by the recession last year, someone forgot to tell China. The Asian giant has been an unexpected bright spot in an otherwise disastrous year for carmakers. As demand for vehicles plummeted in the European and North American markets, demand for cars and trucks in China continued its feverish pace in 2009.
With more than 100 exhibitors from around the world unveiling more than 90 new concept or production vehicles this week, it's clear that the competition in China is hitting a frenetic pace.
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