APN News

  • Thursday, August, 2020| Today's Market | Current Time: 08:21:54
  • ZAP Completes 51% Acquisition of China’s Jonway Automobile, Cathaya Capital Funds Total of US$36 Million

    United States: Electric vehicle market pioneer ZAP (OTCBB:ZAAP) announced today that it has completed its acquisition of 51 percent of the capital stock of Zhejiang Jonway Automobile Co. Ltd. of Sanmen, Zhejiang, China. Cathaya Capital LP has funded the aggregate amount of US$36 million. Electric vehicle market pioneer ZAP completed its acquisition of 51 percent […]

    Tata Motors launches the Tata Venture in Maharashtra

    Mumbai : Tata Motors today announced the launch of Tata Venture in Maharshtra. The Tata Venture is a multi-purpose vehicle (MPV) with the footprint and maneuverability of a hatchback car, but the interior space of a utility vehicle. The less than 4 metre long Tata Venture can comfortably accommodate eight  passengers in three front facing […]


    Gaydon: This year marks the 50th anniversary of one of the most famous and desirable cars in automotive history – the Jaguar E-Type. Jaguar will be celebrating this special anniversary year at high-profile motoring events throughout 2011. The company will mark the anniversary at the 2011 Geneva Motor Show and go on to celebrate at […]

    Volkswagen Group India achieves impressive sales growth of 180.7 per cent in 2010

    Pune: Volkswagen Group continued its success story in India with the company delivering its best sales figures in the Indian market since entry. The Volkswagen Group which is present in India with the three brands – Audi, Skoda and Volkswagen – achieved an extraordinary growth in deliveries to customers of 180.7 per cent in the […]

    N.M.M.T inducts Mercedes-Benz Luxury City Bus in its fleet for trial runs

    Maharashtra : Mr. Chandrakant Aagonde , Chairman ,N.M.M.T (Navi Mumbai Municipal Transport) flagged-off the trial Mercedes-Benz city bus along with Mr. GC Mangle – General Manager , N.M.M.T. & Mr Srinivas Chilukuri, General Manager – Buses (Sales & Marketing), Mercedes-Benz India. The Mercedes-Benz trial city Bus offered to N.M.M.T. are built on the robust Mercedes […]

    Dual-fuel Cars to Drive the Iranian Passenger Cars Market to More than 2.2 Million Units

    United Arab Emirates: Car manufacturers have immense opportunities to tap the passenger cars market in Iran, as the Government’s new scrapping policy is expected to phase about 1.2 million passenger cars off the road by March 2012. This is likely to trigger a demand for more than 2.2 million units by 2015 to replace the […]

    BMW X1 is India’s Most ‘Liked’ Car

    New Delhi: Auto classifieds site and India’s largest auto enthusiast community, IndiMoto.com, ,has adjudged the BMW X1 as the winner of India’s first social car of the year award – IndiMoto Most ‘Liked’ Car of the Year 2011. The compact SUV was voted as the winner by IndiMoto.com’s 65,000+ auto enthusiast community on social media […]

    Toyota Kirloskar Motor celebrates Road Safety Week in Ramanagaram

    New Delhi: Toyota Kirloskar Motor (TKM), commenced its programme aimed at creating awareness on road traffic safety among school children, as a part of the Road Safety Week in Ramanagaram. The Road Safety Week is a yearly programme held by The Traffic Police Department. To further this cause, every year TKM joins hands with the […]

    Mercedes-Benz clocks its highest ever sale in 2010

    Pune – Mercedes-Benz India today announced a remarkable year-end sales performance for 2010. The company has sold 5819 cars from Jan – Dec 2010 which is a growth of 80% over 2009 (3250 units in 2009). The key growth drivers were the E–Class with 2490 units (2009=1024units), C-Class with 2070 units (2009= 1579 units) as […]

    Auto sales up 31 pc in Dec, slowdown ahead: SIAM

    Automobile sales in India in December 2010 grew by 30.51 per cent, continuing a healthy trend witnessed during the year but rising interest rates and high commodity prices could slow down the growth, according to Society of Indian Automobile Manufacturers (SIAM). In December, total sale of vehicles across categories registered growth of 30.51 per cent […]