The bond market enjoyed another strong day, with corporate debt sales surpassing the $100 billion mark, the FT reports.» Read More
*Citigroup raises Volkswagen to buy from neutral; price target to. 175 euros from 155 euros. Reuters Station users, click. 1580.
NEW DELHI, Oct 10- India's car sales are seen growing just 1 percent to 3 percent in the current financial year, an industry body said, slashing its previous estimates as high interest rates and slowing economic growth continue to stifle a once-booming industry.
NEW DELHI, Oct 10- India's car sales are seen growing just 1-3 percent in the financial year that ends in March 2013, an industry body said, as it slashed its previous estimate of 9-11 percent on high interest rates and slowing economic growth.
NEW DELHI, Oct 10- Car sales in India fell in September for the second consecutive month, an industry body said on Wednesday, as high interest rates, rising fuel costs and slowing economic growth continued to drag down demand.
"There's no letup in the European auto slump and VW can't extricate itself from the crisis," said Frankfurt- based Commerzbank analyst Sascha Gommel.
PARIS, Oct 9- European stocks are set to inch higher on Tuesday, halting the previous session's sell-off as expectations mount of further stimulus measures from China, although gains could be limited by broad worries over global growth and on whether or not Spain will request a bailout. ,for Germany's DAX and for France's CAC were up 0.2-0.5 percent.
FRANKFURT, Oct 9- The DAX top-30 index looked set to open 0.3 percent higher on Tuesday, according to premarket data from brokerage Lang& Schwarz at 0619 GMT. Related news DEUTSCHE BANK, COMMERZBANK Deutsche Bank indicated 0.3 percent higher Commerzbank indicated unchanged.
BERLIN, Oct 8- Volkswagen AG, Europe's largest carmaker, said on Monday that group sales increased 10.6 percent during the first nine months to 6.802 million vehicles, according to an online presentation.
DUBAI, Oct 8- Morgan Stanley and Goldman Sachs Group Inc have lost their two top Qatar executives to local firms, three sources said on Monday, as the gas-rich Gulf Arab state lures back high-profile citizens with better pay and prospects.
BERLIN, Oct 8- Volkswagen's Audi. luxury-car division increased sales by 13.6 percent in September to 136,600 vehicles, powered by demand from China and the United States.
MOSCOW, Oct 8- Sales of new cars in Russia grew 10 percent year-on-year in September, the Association of European Businesses said on Monday, after a rise of 15 percent the previous month. The AEB expects that 2.8 million cars would be sold in Russia during 2012, around 7.5 percent up on the previous year.
VOLKSWAGEN Indicated 0.7 percent lower. Separately, Volkswagen could start selling its Golf 7 plug-in hybrid car from 2014, a year earlier than previously planned, German magazine WirtschaftsWoche reported, citing no sources.
*Toyota, Honda to cut working hours, slow line speed-Nikkei. TOKYO, Oct 8- Japan's Toyota Motor Corp, Nissan Motor Co and Honda Motor Co plan to slash production in China by roughly half, the Nikkei newspaper reported on Monday, as a territorial row between Asia's two largest economies cuts sales of Japanese cars in the world's biggest auto market.
index were up by 0.6 percent, while the futures contracts on Germany's DAX and France's CAC were up by 0.5 percent. Financial spreadbetters also expected Britain's FTSE 100. "I think it's going to be reasonably quiet ahead of the payrolls, but Spanish yields are creeping up, which is slightly worrying," said Joe Rundle, head of trading at ETX Capital.
Related news DEUTSCHE TELEKOM Indicated 0.4 percent higher. Sprint Nextel Corp is considering making a rival bid for MetroPCS Communications Inc, which agreed on Wednesday to a merger with Deutsche Telekom AG's T-Mobile USA, according to sources familiar with the situation.
FRANKFURT, Oct 4- German carmaker Volkswagen. Volkswagen, Europe's biggest carmaker and on course to overtake U.S. rival General Motors this year as the world's second-biggest carmaker, aims to sell 10 million vehicles by 2018, up from the 8.36 million recorded last year. The figure includes those made by truck units MAN and Scania.
FRANKFURT, Oct 4- BMW, the world's largest premium carmaker, increased sales of its flagship BMW brand in China by 55 percent in September to roughly 27,000 vehicles, the company said on Thursday. In the first nine months, China sales gained 32.7 percent to 219,800 vehicles. Audi meanwhile reported China sales rose 20 percent to 35,512 vehicles last month.
*Morgan Stanley in commodities talks with Qatar for a year. DUBAI/ LONDON, Oct 4- Morgan Stanley's talks with Qatar's sovereign wealth fund over the sale of its commodities business have run into difficulty, and the deal may need to be reworked if it is to go ahead, banking sources said.
*Island row taking toll on sales for Japan automakers. Violent protests and calls for boycotts of Japanese products broke out across China in mid-September after Japan bought two of the East China Sea islands, known as the Diaoyu in Chinese and the Senkaku in Japanese, from their private owners.