The News Review:
- Its showtime for the Indian auto industry
- Auto Shop Owners Fret About New Fees
- Auto drivers run a court in Kerala
- FUEL PRICE AND TOLL RATE HIKE TO AFFECT AUTO SALES IN MALAYSIA.
- Å koda Auto to set record
Its showtime for the Indian auto industry
deccanherald.com – Dec 31, 2007
In another two decades from now by 2030 India is poised to become the third largest automotive market in the world after the United States and China and India’s automotive industry is likely to reach $145 billion. It is in this backdrop the automobile industry is organising the 9th Auto Expo in New Delhi the largest auto show in Asia. The auto lovers will have a glimpse of sparkle and glory of the “Power of Wheel” with the eight-day event starting from January 10 in the capital city of Delhi. The once-in-two-years event with the theme of “Mobility for All” will be attended by the Who’s Who of global as well as the Indian auto industry displaying their machine and technology.
Auto Shop Owners Fret About New Fees
wtopnews.com – Dec 31, 2007
1 in Northern Virginia have auto shop owners and managers concerned about the effects the fees may have on their businesses. All auto shops in Northern Virginia recently received a letter from the Northern Virginia Transportation Authority notifying them that starting Jan. 1 they are to charge $10 more for safety inspections and a 5-percent labor charge for repairs. Auto shop owners and managers are lobbying to repeal the taxes and fees which were authorized by the General Assembly last year as part of transportation legislation that is expected to generate $400 million annually for Northern Virginia according to Bill Wiygul co-owner of the family-owned Wiygul Automotive shops scattered through Fairfax County.
Auto drivers run a court in Kerala
deccanherald.com – Dec 31, 2007
Autorickshaw drivers in the north Kerala town of Payyannur have been quietly making news through their “auto court” a self-regulatory mechanism to end the woes of the travelling public as well as give themselves an image makeover. According to U V Ramachandran convener of the Auto Drivers Coordination Committee the court enables a hassle-free journey for passengers and protects the interests of the drivers. “Our committee comprises workers of all unions the CITU (pro-CPM) INTUC (Cong-affiliated) as well as BMS (BJP)” Mr Ramachandran who hails from the CITU wing told Deccan Herald. “No more fleecing of passengers no more refusal to go to inconvenient destinations and no more unscrupulous behaviour” he said.
FUEL PRICE AND TOLL RATE HIKE TO AFFECT AUTO SALES IN MALAYSIA.
Free with registration – AsiaPulse News – AccessMyLibrary.com – Dec 31, 2007
KUALA LUMPUR Dec 31 Asia Pulse – Promising signs were seen in the Malaysian automotive sector this year after one-and-a-half-years of lacklustre sales thanks to new models easing of restrictions in hire-purchase loans improving consumer confidence and a steady job market. The sector clearly regained momentum in the second half of this year boosted by fiscal stimulus including a significant pay hike for civil servants. But the current impressive run may be affected by rising inflation including the possibility of another hike in petrol price and toll rates. “The Malaysian car industry is going through a new phase a very competitive one. It is an uphill battle for some” said an auto analyst said when commenting on the outlook of the industry.
Å koda Auto to set record
Czech Business Weekly – Dec 31, 2007
Sales are expected to rise to K?28 billion from last year’s K?03. Gross profit is projected to reach a record K?0 billion. The amount of produced and sold cars is estimated at 630000 one in five units were turned out abroad.