Ford to build diesel engine plant in India-source
Tue Nov 14, 2006 4:19am ET
MUMBAI, Nov 14 (Reuters) - Ford Motor Co. (F.N: Quote, Profile , Research) plans to set up a plant in India to make diesel engines, an industry source told Reuters on Tuesday, as consumers in the fast-growing market shift to the more fuel-efficient option.
The plant would have a capacity to make about 100,000 units of the 1.4-litre Duratorq engine each year, the source said.
Ford, which makes 60,000 vehicles a year at a plant near the southern city of Chennai, now buys petrol engines from a unit of Hindustan Motors Ltd. (HMTR.BO: Quote, Profile , Research) and imports diesel engines.
Asked for comment by Reuters, Ford India's head said the company was studying "various localisation opportunities."
http://today.reuters.com/news/articleinvesting.aspx?view=CN&storyID=2006-11-14T091922Z_01_BOM183060_RTRIDST_0_AUTOS-INDIA-FORD.XML&rpc=66&type=qcnaChinese car manufacturer Brilliance to export 158,000 cars to Europe
< 2006-12-01 >
Beijing, China, 01 Dec – Chinese car manufacturer, Brilliance, one of the biggest in the country, is to sell 158,000 vehicles to Europe over the next five years, according to a statement on the company’s Internet site.
Brilliance signed a contract to deliver the cars with HSO Motors Europe, a German importer, which is the biggest export contract ever signed by a Chinese car manufacturer under its own brand.
Brilliance has a partnership agreement with Volkswagen to produce the German brand’s vehicles for the Chinese market.
China exports cars mainly to the Southeast Asian market, the Middle East, Africa and South America, but Chinese vehicles have the reputation of being cheap and of mediocre quality.
Of the total cars produced by China this year, 77 percent had defects due to the price wars that have made producers to save on the quality of parts, according to a recent study by China’s Quality Association.
http://www.macauhub.com.mo/en/news.php?ID=2463Cars made in India and China will be here soon.....
Indian S.U.V. Maker Plans to Enter United States Market
November 17, 2006, Friday
India's leading sport utility maker plans to sell its S.U.V.'s and pickup trucks in the United States through an American distributor, bringing Indian-made vehicles to the United States for the first time. ''Half of the global sales in S.U.V.'s and pickups is in the United States and we want ...
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