Category: News

GM India appoints Lowell Paddock as their new President and MD

Lowell Paddock has been appointed President and Managing Director of General Motors India, effective January 1, 2012. He will succeed Karl Slym, who moves to GM’s largest operations in China as Executive Vice President of SAIC and Wuling Motors, which manufactures a growing lineup of mini-commercial vehicles and passenger cars. Based at GM India’s headquarters in Gurgaon, Paddock …

Petrol prices likely to be reduced next week

Petrol prices may fall next week. RS Butola, the chairman of India’s Oil Company (IOC), India’s largest fuel retailer says that oil companies will cut prices by 1 per cent, or 60 paise (excluding taxes) is possible. That could be 80 paise with taxes included. Oil companies will consider average oil price in the first fortnight of November …

SRK to gift BMW 7-Series to Ra.One colleagues

G.One might have failed to become a successful superhero, but he still is a super ‘friend’. Shah Rukh Khan, who is known for his generous gifting, has recently ordered five brand new BMW 7 series sedans for those who helped him make RA.One. According to sources, the list of lucky recipients of this extremely expensive gift includes Arjun …

Maruti Suzuki’s “20 new cars in 5 years”

The country’s largest passenger vehicle maker Maruti Suzuki India (MSI), is in top gear and mulling over launch a large series of new car models in India. MSI is planning to launch 15 to 20 new cars in India by 2015 which will provide a large choice to Maruti car lovers. In these 15 to 20 upcoming Maruti …

Yamaha join hands with Mahindra for 2-wheeler partnership

The Japanese bike maker is facing tough competition from rivals Honda and Suzuki in India and a possible manufacturing and marketing tie-up with home-grown Mahindra could prove crucial for the market. For Mahindra, the tie-up will greatly help in increasing its marketing strength. Sources said that there were comprehensive discussions going on. Yamaha wanted many things. They’re looking …

Peugeot performs ground breaking for Sanand automotive plant

 Mr. Grégoire Olivier, Member of the Managing Board PSA Peugeot Citroën and CEO of Asian Operations, Mr. Vincent Rambaud, Director General of Peugeot and Mr. Frédéric Fabre, Managing Director of PCA Motors India performed the bhoomi poojan and the ground-breaking ceremony. On this occasion, Honourable Chief Minister of Gujarat, Shri Narendra Modi commented: “Gujarat is emerging as a …

Chevrolet today marks 100 years milestone

 Chevrolet is completing 100 years of its existence worldwide and celebrating its centennial on 3rd of November 2011(Today). Since its introduction in 1911 by Louis Chevrolet and GM founder Billy Durant, the company’s largest brand has come a very long way. In a short span of little over 7 years, Chevrolet has also emerged as the fastest growing …