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Virgin Mulls S.African Airline; Eyes Mobile Growth 8 Aug 2006 Automobile |
| British entrepreneur Richard Branson's Virgin group may launch a South Africa-based low-cost airline and hopes to open Virgin Megastores in Africa's biggest economy, the head of Virgin |
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| Mahindra Q1 Net up 41 pct, Above Forecast 26 Jul 2006Automobile |
| India's biggest tractor and utility vehicle maker, Mahindra & Mahindra Ltd., on Wednesday posted a better-than-expected quarterly net profit on strong sales and higher exports, lifting its |
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| Airline Eyes Lucrative Nairobi-Mombasa Route 22 Jul 2006Automobile |
| East African Safari Air Express (EASAX) will from August 1, commence flights to Mombasa.
The foray into the route, currently dominated by Kenya Airways, coincides with the high tourist season that |
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| Continental Airlines Earnings Rise on Fare Hikes 20 Jul 2006Automobile |
| U.S. carrier Continental Airlines Inc. on Thursday said second-quarter earnings nearly doubled as fuller flights and higher fares offset increased fuel costs. The jump in earnings came a day after |
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| Airport Hurled by Cargo Ban 20 Jul 2006Automobile |
| Kenya's third airport, Eldoret International Airport managers fear that business will drop further due to a Government ban on off-loading of cargo on transit to other destinations.
The ban |
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| Boeing Signs $1 bln Indian Cargo Plane Deal 19 Jul 2006Automobile |
| New Indian cargo airline Flyington Freighters agreed to buy four Boeing Co. 777F cargo planes on Wednesday in a deal worth almost $1 billion at list prices.
Flyington, a start-up firm in |
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| Toyota Recalls Vehicles Over Faulty Engine 18 Jul 2006Automobile |
| Toyota Motor Corp. said Tuesday it was recalling about 420,000 vehicles globally, including some Echo and Prius models sold in the U.S., over a faulty engine part.
The faulty part is the latest |
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| India's Bajaj Auto Q1 Net up 28 pct, Lags Forecast 15 Jul 2006Automobile |
| India's second-largest motorcycle maker, Bajaj Auto Ltd., on Saturday posted a smaller-than-expected 28 percent rise in quarterly profit, mostly on robust sales in the world's number-two |
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| GM, Renault, Nissan Plan 90-day Study of Tie-up 15 Jul 2006Automobile |
| General Motors Corp., Renault SA and Nissan Motor Co. on Friday said they had agreed to work together on a confidential review of the benefits of a potential alliance between the automakers.
The |
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| Hero Honda Q1 Net Below Forecast, Shares Sag 11 Jul 2006Automobile |
| India's top motorcycle maker, Hero Honda Motors Ltd., posted a lower-than-expected 16 percent rise in quarterly profit on Tuesday and said higher raw material costs were eating into profits, |
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| Tata Motors Looking to Use Fiat Plant 11 Jul 2006Automobile |
| Tata Motors Ltd. is looking at the possibility of joint manufacturing of cars at Italian car maker Fiat's plant in Ranjangaon in western India, a senior company official said on Tuesday.
The |
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| General Motors $9.3m Export Deal to Rwanda 11 Jul 2006Automobile |
| General Motors East Africa has clinched a $9.3 million deal to supply buses to the Rwandese Government.
The export deal, the largest for GM in the last two years, will see the vehicle assembly |
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GM Consolidates Top Spot in China Auto Market 4 Jul 2006Automobile |
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General Motors, the world's largest auto maker, consolidated its position as China's top vehicle seller in the first half of 2006, as booming demand helped the domestic market post healthy |
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| Union Calls for Ban on Imports of Used Cars 29 Jun 2006Automobile |
| Trade unionists yesterday said importation of used vehicles had dealt a death blow to local assemblers, and backed stringent measures against importers. Associated Vehicle Assemblers has said it |
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| Hyundai Sales Increase Slightly 3 May 2006Automobile |
| Hyundai Motor America said Tuesday that April sales were essentially flat, as a sharp rise in Sonata sedan sales helped offset slumping sales across most other lines.
The Korean carmaker said |
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| Ford To Promote Green Investments To Its Consumers 26 Apr 2006Automobile |
| Ford Motor Co. said it will give consumers concerned about harmful greenhouse emissions an opportunity to invest in clean energy projects via a new Web Site that will calculate suggested investments |
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