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German car major Volkswagen Joerg Mueller told TOI that the companies were trying to thrash out areas where partnership and joint strategies could be worked out for Indian market while the company is in advanced stages of negotiations with Maruti Suzuki for joint engagements on a number of areas, which are still evolving, and these talks would formalized in a few months.
For the three month period ended December 31, 2009, Maruti Suzuki India, manufacturer of half the cars sold in the country, has recorded a net profit of Rs 688 crore as against the net profit of Rs 214 crore during the same period of the last year (2008).
According to the reports, the increasing demand for new vehicles and hefty sales helped the company to record three-fold growth in its quarterly net profit.
Maruti EECO – Maruti Launches its Multi Purpose vehicle in the Auto Expo and its called Maruti Eeco , the price ranging between Rs 2.59 lakh and Rs 2.89 lakh.You can see and tell that it was designed by inhouse maruthi engineers , it just looks like maruti omni and maruti versa combined again , [...]
Maruti EECO – MPV from Maruti is a post from: First Blog for Indian Financial Market
September 2009 auto sales is out for almost major company to start with
Tata Motor.
Tata Motors sold 52,513 vehicles in September 2009 compared to 49,647 units in September 2008, which is a growth of 6 percent.
Hyundai Motor.
Hyundai motor may not be a public listed company but considering the growth it has had all these [...]
September 2009 Auto Sales showing growth in India is a post from: First Blog for Indian Financial Market
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