NEW DELHI, January 4 – BUSINESS STANDARD – Economists in a recent report said that the Manufacturing in the US probably expanded in December at the fastest pace in six months, remaining at the forefront of the expansion entering 2012. Increasing demand for autos, gains in holiday sales and lean inventories may pave the way for further strength in the industry that accounts for about 12 per cent of the economy. At the same time, faltering growth in Europe due to the debt crisis poses a risk to the US expansion. In China and India, manufacturing expanded last month, indicating Asia’s fastest-growing major economies have so far withstood the fallout from Europe’s sovereign debt crisis. – LIVEMINT – Bajaj Auto Ltd yesterday only, unveiled a locally developed four-wheeled vehicle that could become the successor to the ubiquitous three-wheeled auto rickshaw. This is mainly for the purpose of solution for intra-city passenger transport. The vehicle is powered by a 200 cc rear-mounted petrol engine and can run 35 km on a litre of the fuel, Bajaj said. The RE60 can run at a top speed of 70 km per hour and weighs 400 kg. Developed over a period of four years, the RE60 is scheduled for launch in the country later this year. But the product may find its way to Sri Lanka ahead of its commercial launch in the domestic market. – ECONOMIC TIMES – Italian car-maker Fiat, which operates in India through a 50:50 partnership with Tata Motors, plans to set up 22 exclusive showrooms for Fiat cars this year, primarily in big cities. The company, which is currently working on a plan to launch a small car in the country, rolled out new, upgraded versions of its existing Linea and Punto models. At present, the 50:50 joint venture between Fiat and Tata Motors has a network of 167 dealers across India. – ECONOMIC TIMES – Fuel-efficient cars and a slew of new SUV models will be unveiled at Auto Expo later this week as global carmakers continue to rev up their activity in one of the world's few growth engines despite a recent slowdown in sales. Around 50 new models will be presented to hundreds of delegates and half a million visitors as carmakers look to move on from a year of sluggish sales due to high interest rates and rising costs and fuel prices in Asia's third-largest economy. Car sales in India grew 30 percent in the fiscal year to end-March 2011, cheering global carmakers as economic turmoil hit sales in developed markets. Since then, interest rate hikes by Reserve Bank of India and rising input costs that pushed up prices have dented demand as economic growth cools.
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Priyesh Narain
Researcher
สำหรับรายละเอียดของข่าวข้างต้น โปรดติดต่ิอนาย Priyesh Narain ที่ This email address is being protected from spambots. You need JavaScript enabled to view it.