Auto Sector

Germany's autobahn chapels offer rest stops for the soul

Germany's autobahn chapels offer rest stops for the soulWaldlaubersheim, Germany  - The entries in the guest book or Book of Concerns at this church beside the autobahn in the German state of Hesse show that modern mobility and spiritual solace need not be mutually exclusive.

The comments written in English, Polish, Czech, Dutch and German are from motorists who took time off from a journey to find peace of mind beside a busy motorway in Waldlaubersheim. Some of the visitors leave behind their most intimate thoughts, wishes and prayers.

Honda's exports from Thailand down 12 per cent in 4th quarter

Hero Honda posts 7.1 pct rise in netBangkok - Honda Motor Company's exports from Thailand reached 23.6 billion baht (674 million dollars) in the last quarter of 2008, down 12 per cent compared with the same period in 2007, the Japanese auto manufacturer revealed on Monday.

Total Honda exports from Thailand in 2008 amounted to 104.6 billion baht (2.9 billion dollars), up 4 per cent on the 2007 performance, according to figures released by Asian Honda Motor Company, Honda's regional office in South-East Asia.

Year-end to see third small car by GM

Year-end to see third small car by GM The end of 2009 will see launch of a third small car by General Motors, the fifth largest car manufacturer in the country. The auto major has been enjoying the success of its two car brands, Spark and U-VA in India market.

It was reported by Karl Slym, President & MD, General Motors, India at the launch of the company's bestselling SUV Chevrolet Captiva Automatic, "The new Chevrolet Mini will not be a competition to Tata Motors Nano. We are not in the numbers game. It will be positioned above the Chevrolet U-VA."

General Motors Corporation launches automatic Chevrolet Captiva in India

General Motors Corporation launches automatic Chevrolet Captiva in IndiaNew Delhi, Jan 24 : Indian unit of General Motors Corporation (GM Corp), which has two assembly plants in the country, launched a four-wheel drive, automatic transmission Chevrolet Captiva in New Delhi.

According to Karl Slym, the President and Managing Director of GM Corp, the new version brings superlative comfort and ease of driving, combined with unbeatable value; safety, security and luxury to the customers.

TVS Motor Q3 Net Falls To Rs 95.86 Lakh

TVS Motor Q3 Net Falls To Rs 95.86 LakhChennai-based TVS Motor Company has announced financial results for the third quarter ended December 2008 reporting net loss of Rs 95.86 lakh.

The company posted a net profit worth Rs 5.83 crore during the corresponding period in 2007-08.

It witnessed decline of 2% in net sales, which stood at Rs 852.82 crore as compared to Rs 875.02 crore in same period last year.

The total income of the company during the third quarter was Rs 868 crore as against Rs 889 crore for the same period last year.

XCD 135 launched by Bajaj

XCD 135 launched by Bajaj With the aim to increase the range of bikes for its customers, all new sports commuter motorcycle, the Bajaj XCD 135 DTS-Si has been unveiled by Bajaj Auto.

It has been learnt that bike, which otherwise would be meant for regular use, is sporty and offers decent performance and styling. There would be many first-in-class features in this bike, which has been created keeping in mind the customers in the value segment, like a 135cc DTS-Si engine, a 5 speed gear box, auto choke, gas filled Nitrox absorbers, digital speedometer and LED tail lamps. Electric-start and disk-brake are other of its prominent features.

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