Some of Thursday's midday movers:» Read More
NEW DELHI, July 31- India's biggest carmaker, Maruti Suzuki India Ltd, warned on Thursday that its rising sales were largely driven by improving sentiment, discounts and government tax breaks, rather than any underlying economic revival.
CHICAGO, May 27- Although the world's largest democracy has been hobbled by inflation, a declining currency and difficult business environment, the pro-business Bharatiya Janata Party that just won an epic election in India has engendered optimism that the country can turn around its sagging economic scenario.
*CEO says UK science a key attraction of AstraZeneca deal. LONDON, May 10- U.S. drugmaker Pfizer fought back on Saturday against criticism that its planned takeover of rival AstraZeneca would damage Britain's science base by saying strong UK research was a key reason for the deal.
LONDON, May 10- Britain is ready for "hard negotiation" to ensure Pfizer sticks to specific promises on jobs and science under the U.S. drugmaker's proposed takeover of AstraZeneca, its finance minister said. "I think it would be extraordinary not to engage with AstraZeneca or Pfizer," George Osborne told BBC radio on Saturday.
*Plans to produce Jeep in China and India as of next year. DETROIT, May 8- If Fiat Chrysler Automobiles wants to become a significant force in Asia, it needs to succeed in China. It lags far behind rivals that are truly global players, including Toyota Motor Corp, Volkswagen AG, General Motors Co and Ford Motor Co..
*Cites weakness in Russia, Argentina, Turkey, Algeria. GENEVA, March 4- French carmaker Renault has trimmed its growth forecast for the global market this year as the industry becomes increasingly worried about volatile emerging markets just when demand in Europe is starting to pick up.
*To unveil cabriolet version of Alfa Romeo 4 C coupe at Geneva car show. MILAN/ PARIS, March 1- Idle plants, surly unions and a weak, ageing model line-up- the challenges facing Fiat Chrysler's Italian revival sound a lot like the British car industry's low point in 1982..
WASHINGTON, Feb 25- U.S. electric luxury car Tesla Model S was named by Consumer Reports magazine on Tuesday as its overall top pick for 2014, while Japanese models took just five of the top 10 spots, their worst showing in the 18- year history of the annual rankings.
WASHINGTON, Feb 25- U.S. electric luxury car Tesla Model S was named by Consumer Reports magazine on Tuesday as its overall top pick for 2014, while Japanese models took five spots in the annual rankings, their worst showing in the 18- year history of the ratings.
MUMBAI, Feb 24- It's got four wheels and seatbelts, but Bajaj Auto, the creator of India's first quadricycle, would rather you didn't call it a car. Bajaj Auto is marketing the RE60 as a more stable and comfortable alternative to the three-wheeled autorickshaws ubiquitous on India's roads even though it looks like a small hatchback car and is expected to cost less.
DETROIT, Feb 12- Engine and transmission problems caused quality in the U.S. auto industry to slip for the first time in 16 years in a vehicle dependability study of owners of 3- year-old cars and trucks, falling from last year's record-high levels.
MUMBAI, Feb 10- Tata Motors Ltd, India's biggest automaker by revenue, saw third-quarter net profits triple to their highest in a year-and-a-half on strong demand for its luxury Jaguar Land Rover vehicles and a one-time accounting gain. British luxury carmaker JLR, which Tata Motors bought in 2008, has been propping up profits at its parent for the past two years.
SHANGHAI, Feb 5- In China, where higher prices mean prestige, luxury U.S. electric carmaker Tesla is taking a bold step to win over clients and cachet by curbing the markup to just half of what some of its rivals can command. In an unusual blog post last month, the firm detailed the lower-than-expected 734,000 yuan China price tag for its high-end Model S electric car.
Global carmakers are still banking on emerging economies including India, the world's sixth biggest auto market by volume, to drive long-term growth despite a recent slowing in demand.
NEW DELHI, Feb 3- India's largest carmaker Tata Motors unveiled its first new models in four years on Monday, banking on two small cars to reverse the company's sliding passenger car sales in the face of growing foreign competition.
For global automakers, the dusty backroads of rural India could be the new El Dorado.
MUMBAI, Feb 3- For global automakers, the dusty backroads of rural India could be the new El Dorado. That's pushing the likes of General Motors and Honda Motor Co to fan out in search of buyers in places where fewer than 20 people in every thousand own a car- for now.
This Sunday, Super Bowl sponsors' hashtags are going to be as ubiquitous as the hash marks on the field.
Some of Monday's midday movers:
CNBC's Sheila Dharmarajan reports Tata Motors stock took a hit on news that respected executive Karl Slym passed away over the weekend.