Bangkok - With street violence and assassination attempts on the rise in Thailand, automobile companies have found a lucrative new growth market - bulletproof cars - news reports said Thursday.
This week Germany's BMW AG launched its X5 Security Plus model in Thailand, marketing the vehicle as the first to offer protection against AK-47 assault rifle attacks while Ford Motor Co has offered two bulletproof cars to the deputy prime minister in charge of security, The Nation newspaper reported.
Revenue increased by 23 % YoY for fourth quarter and 19% for the year driven by improved sales numbers cloaking 37.22 lakh vehicles for the year a growth of 12% over previous year which was more than double the overall industry growth.
Operating profit increased by 33% for the quarter YoY & 26% for the year driven by decrease in the input costs mainly driven by a huge fall in the steel prices in the fourth quarter.
Other income decreased by 20% for the quarter & was down by 2% on the full year basis.
Arjeplog, Sweden - Car makers are very creative about hiding their prototypes from amateur photographers and paparazzi just waiting to snap a spy shot of the new model.
"The natural enemy of the prototype is the horsepower paparazzi," says Peter Gyllenberg, who runs a test centre in Arjeplog, Sweden, where many car makers hold winter tests.
Stuttgart - Mercedes is giving its luxury S-Class a makeover with several technical improvements and a hybrid version of the S 400 that will be unveiled at the Shanghai Motor Show.
The car maker describes the S 400 as the first standard production hybrid drive fitted with a lithium-ion battery, making it the most economic petrol-engined luxury sedan.
Fuel consumption is listed at 7.9 litres per 100 kilometres which translates to carbon dioxide emissions of 186 grammes per kilometre.
Germany - Opel has revealed pictures of the new Astra well ahead of the Frankfurt Motor Show in September where it is to be officially unveiled.
The 2010 model Astra, also sold in Britain under the Vauxhall name, reveals a headlight design similar to the larger Insignia.
A special feature, found already in the Corsa, is an integrated bicycle carrier. A handle in the boot is pulled and the carrier plus registration plate slide out.
The engine range starts with the 80 hp eco-diesel to the top end 270 hp turbo OPC.
New York - Mercedes presented the new ML 450 Hybrid fitted with two electric engines and a V6 engine with an output of 205 kW/279 hp at the New York Auto Show.
Developed especially for the North American market, it is the first full hybrid from a European manufacturer. The electric engines, which have an output of 62 kW/84 hp and
60 kW/82 hp, are integrated into the transmission.
According to Mercedes, the ML 450 Hybrid consumes almost 50 per cent less fuel than the ML550, although it boasts over 90 per cent of the maximum power generated by the V8 model.
Bangkok - With street violence and assassination attempts on the rise in Thailand, automobile companies have found a lucrative new growth market - bulletproof cars - news reports said Thursday.
Revenue increased by 23 % YoY for fourth quarter and 19% for the year driven by improved sales numbers cloaking 37.22 lakh vehicles for the year a growth of 12% over previous year which was more than double the overall industry growth.
Arjeplog, Sweden - Car makers are very creative about hiding their prototypes from amateur photographers and paparazzi just waiting to snap a spy shot of the new model.
Stuttgart - Mercedes is giving its luxury S-Class a makeover with several technical improvements and a hybrid version of the S 400 that will be unveiled at the Shanghai Motor Show.
Germany - Opel has revealed pictures of the new Astra well ahead of the Frankfurt Motor Show in September where it is to be officially unveiled.
New York - Mercedes presented the new ML 450 Hybrid fitted with two electric engines and a V6 engine with an output of 205 kW/279 hp at the New York Auto Show.
