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Latest Headlines


Mercedes-Benz US June Sales Decline 22.6%

Sales in the first half of 2009 declined 28.7%

Carnation Auto Launches Pan India Operations

Company aims to offer complete auto care solutions to its customers

BMW Group US Reports Fall In June Sales

Overall sales down 20.3% in June

Lear Reaches Agreement On Consensual Debt Restructuring

To protect the long-term business interests of the company

CT&T Plans To Produce Electric Vehicle In US

To establish multiple facilities in Southeastern and West Coast regions

Maruti Suzuki Reports Rise In June Sales

Highest ever monthly export volume in the company's history

Twin Automotive Forms New Partnership With U-Haul

To add U-Haul truck and trailer rentals to certified automotive repair and detail shop

Chrysler Financial To Restructure Business Operations

Realignments would have the effect of reducing company’s total workforce by 9%

BAF Technologies To Upfit AT&T’ Vehicles With Alternative-Fuel Technology

To convert 600 Ford E-Series vans with CNG Technology in 2009

Nissan To Start Production In Vietnam

Nissan model to be assembled by Vietnam Motors

ArvinMeritor Divests More Light Vehicle Chassis Business

Completes the sale of the US portion of Gabriel Ride Control Products’ North America business

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Comments & Opinion

Tata Nano: not only a product revolution, but also a breakthrough in product distribution

Customers buying a Tata Nano in India will have to pay a variable transportation charge depending upon the purchase location, with the car costing 11% more in Mumbai than in New Delhi. This novel approach may inspire other companies to follow suit with pioneering distribution strategies, which in turn could bring much-needed reform to the country's finished vehicle logistics industry.

Automakers need to address every link in the supply chain

Finished vehicle logistics is of vital importance to automakers and although there has been a greater emphasis on the inbound supply chain in the past, manufacturers now need a holistic approach to logistics. Changes in production patterns provide an opportunity to re-assess structures throughout the supply chain, including areas which have not previously been central to the logistics strategy.

The car aftermarket remains resilient in spite of recession

The current economic turmoil is hampering the automotive sector but the aftermarket, while not completely unaffected, remains resilient. However, key aftermarket players are having to face up to uncomfortable challenges, with the commodities price bubble boom and bust, severe pressure on consumer spending, low cash flow levels yielding insolvencies, and global car registrations in reverse.

Motor insurers: must gear up for recessionary dangers

According to recent surveys, the number of uninsured drivers in the UK has risen, and many in the industry are preparing for an increase in fraud claims as well. Insurers will have to be proactive in dealing with these threats to their profitability, as it is likely that the recession will continue to increase the number of uninsured drivers and fraudsters for some time.

India: radio taxis to be savior of car makers

Car makers in India are struggling due to a slump in car sales caused by the on-going financial meltdown. However, the growing radio taxis segment in India, which is expected to be a stable revenue stream for at least the next three to five years due to upcoming sporting events in the country, provides manufacturers with an alternative sales channel.

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