Auto Sector

Makeover for Jaguar X-Type

London - Jaguar has given the X-Type a makeover with a restyled front face, interior modifications and new gearbox for both the sedan and station wagon. 

With roaring fuel prices, GM could make new job, production cuts

Rick Wagoner, head of General Motors Corp.Washington

Ruia Group acquires UK’s top auto component company

Ruia Group’s Dunlop has successfully acquired British auto component manufacturer, Schlegel Automotive Eurpoe, which is a supplier of rubber sealings to BMW, Bentley, Toyota, Honda, Ford and Opel a

Bajaj meets drop of 4.3% in Q1; consolidated net profit falls to half

Bajaj Auto is a very well known and the second-biggest motorcycle maker.

Harley Davidson motorbikes turn revolutionary in Cuba

Havana - The characteristic roar of engines heralds the arrival of the coveted Harley Davidson motorcycles.

Slowly, pairs of proud riders parade down Havana's Malecon outside the US Interests Section and the statue of Cuban independence hero, Jose Marti, who points an accusing finger at the representatives of the empire.

Harley Davidson may be one of the symbols of the "American way of life" that Cuba so despises, but passion for these vehicles knows neither boundaries nor ideologies and is so deeply entrenched in the hearts of Cubans that the stir caused is considered compatible with being a good "revolutionary."

High fuel costs trigger breathtaking changes in car industry

Hamburg - High fuel prices are triggering major changes in the car market worldwide with customers turning their backs on fuel-guzzlers and the industry rethinking its product line-up.

In the United States, the world's largest car market, the sales figures for May showed a major shift from SUVs (sports utility vehicles) and pickup trucks to more economical small cars.

"May was a watershed month," said Ford's Vice-President of Marketing and Communications, Jim Farley, admitting that the industry is catching on to their customers' new buying habits.

The market leader in the US, General Motors (GM), saw sales in May falling by a quarter to 272,00 units with Ford's sales down to 257,000.

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