The cash crunch and the ‘shraadh’ season has hit the automobile sales especially the four-wheel segment though there had been marginal silver line in the sales outcome of two wheelers. 

The degrowth of its largest A2 segment of Zen Estilo, Swift, WagonR, and Alto hit 1.29% dip in sales but, surprisingly, the people’s car, Maruti800 took the biggest brunt by 33.6% drop in sales to 3,467 units only.

Kolkata, Oct 3: Tata Group Chairman Ratan Tata will meet West Bengal Chief Minister Buddhadeb Bhattacharjee here today to discuss the company's 'Nano' car project in Singur which has run into rough weather after strong resistance from the Mamata Banerjee's Trinamool Congress over farmland acquisition issue.

According to sources, the meeting is scheduled to be held in the afternoon at the Writers' Buildings.

Work on the Tata's 'Nano' project has been suspended for nearly a month because of the protest by the Trinamool Congress.

Kolkata, Oct 2 : ''Nano Car'' that has been raising a lot of dust on the land allotted to the TATA''s at Singur, has found its way to a makeshift tent in Kolkata.

With the hugely popular five-day festival of ''Durga Puja'' just round the corner the organisers in Kolkata have come out with a unique idea to press their demand to let TATA''s continue at Sindur.

Durga Puja is the time when devotees flow in large numbers and offer prayers to the goddess of supreme power, Durga.

Theme based Pandals and magnificently designed idols form an integral part of the festival.

Jagdish Khattar would start a multi-brand car sales and service business. He plans to invest Rs 1,000 crore in the next five years. He is a former manager of leading passenger car company, Maruti. Now, he would start his new company, Carnation Auto India Ltd to start a new venture in the multi branded car market. He would get 80-crore investments from Wipro chairman Azim Premji’s PremjiInvest and rest of Rs 28 crore from IFCI Venture Capital Funds to achieve his objective.

Washington - Sales of automobiles in the US plummeted in September as a weaker economy and tighter access to credit kept buyers away, industry figures showed Wednesday.

Both domestic and foreign automakers saw double digit declines. General Motors sales took the smallest hit falling 16 per cent from the year-earlier period, while Ford Motor Corp was pummelled by a 35 per cent drop and Chrysler slid 33 per cent.

Asian automakers also saw sales fall about a third, with a 32 per cent drop at Toyota Motor Corp, a 24 per cent decline at Honda and a 37 per cent slide at Nissan Motor Co.

Washington - Sales of automobiles in the US plummeted in September as a weaker economy and tighter access to credit kept buyers away, industry figures showed Wednesday.

Both domestic and foreign automakers saw double digit declines. General Motors sales took the smallest hit falling 16 per cent from the year-earlier period, while Ford Motor Corp was pummelled by a 35 per cent drop and Chrysler slid 33 per cent.

Asian automakers also saw sales fall about a third, with a 32 per cent drop at Toyota Motor Corp, a 24 per cent decline at Honda and a 37 per cent slide at Nissan Motor Co.