Global News Post: Autos

Environmentalists Worried Over Increased Production of Autos

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<span style="font-family: "Trebuchet MS";">By
Zulima Palacio<o:p></o:p></span></div>
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<span style="font-family: "Trebuchet MS";">The
production of passenger vehicles around the world reached an all-time high this
year: 80 million new cars and light trucks, according to a study by the
Worldwatch Institute in <st1:place w:st="on"><st1:state w:st="on">Washington</st1:state></st1:place>.  The new production record is heightening
concerns among environmentalists, since petroleum-fueled automobiles are a
major source of air pollution and climate-changing carbon emissions.<o:p></o:p></span></div>
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<span style="font-family: "Trebuchet MS";">With
the new cars and light trucks added to the global fleet, the world is nearing a
milestone - one billion vehicles on the roads. Most are petroleum-fueled
internal combustion engines, whose emissions cause environmental problems like
air pollution and contribute to global warming. 
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<span style="font-family: "Trebuchet MS";">Michael
Renner of the Worldwatch Institute wrote the analysis of worldwide auto
production.<o:p></o:p></span></div>
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<span style="font-family: "Trebuchet MS";">The
strongest producer by far right now is <st1:country -region="-region" w:st="on">China</st1:country>,
which had a tremendous period of growth over the last decade and have overtaken
<st1:country -region="-region" w:st="on">Germany</st1:country>, <st1:country -region="-region" w:st="on">Japan</st1:country> and the <st1:country -region="-region" w:st="on"><st1:place w:st="on">U.S.</st1:place></st1:country>, which used to be the three
big producers worldwide," Renner said.<o:p></o:p></span></div>
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<span style="font-family: "Trebuchet MS";">Hybrid
and electric vehicles represent less than two percent of the total output, the
study says.  <o:p></o:p></span></div>
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<span style="font-family: "Trebuchet MS";">But
representatives of the auto industry say they care about the environment.  Steven Brooks, an analyst at Edmunds.com, which
compiles data on the automobile market, says the industry is responding to the
desire for greener products.<o:p></o:p></span></div>
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<span style="font-family: "Trebuchet MS";">“There
are 43 different vehicles that are going to get introduced into the shopping
arena by the end of 2015, like this Honda CR-Z here. This is a hybrid electric
vehicle,” Brooks said.<o:p></o:p></span></div>
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<span style="font-family: "Trebuchet MS";">But
Renner says unless we move to cleaner and more efficient fuels, as well as
alternative propulsion systems, electric cars won't solve the environmental
problem.<o:p></o:p></span></div>
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<span style="font-family: "Trebuchet MS";">“If
we don’t significantly change the bases on which our electricity systems are
functioning, in other words if we use large amounts of coal and fossil fuels to
produce electricity, then going with the electrical vehicles is not getting us
all that far,” Renner said.   <o:p></o:p></span></div>
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<span style="font-family: "Trebuchet MS";">Industry
experts say hydrogen fuel cells and experimental new materials, such as strong,
lightweight magnesium and carbon composites, could dramatically improve energy
efficiency in tomorrow's passenger vehicles. 
But such improvements are still years away.  In today's car market, Steven Brooks says, gasoline
prices are still driving people’s vehicle choices.<o:p></o:p></span></div>
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<span style="font-family: "Trebuchet MS";">“The
mid-size sedans are still the number-one-selling segment in the country, but
the adoption of the small and hybrid vehicles is on the rise as the gas prices
go up,” Brooks said.<o:p></o:p></span></div>
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<span style="font-family: "Trebuchet MS";">According
to the United Nations, emissions from road transport constitute more than 20
percent of greenhouse gases.  <o:p></o:p></span></div>
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<span style="font-family: "Trebuchet MS";">The
Worldwatch study notes that even in developing countries, car travel distances
have doubled in the past decade. Experts agree that to counter the public
health and environmental impact of this trend, governments must develop better
systems of public transportation. ---VOA News<o:p></o:p></span></div>
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Environmentalists Worried Over Increased Production of Autos

By Zulima Palacio The production of passenger vehicles around the world reached an all-time high this year: 80 million new cars an...

American Car Makers Bet Billions on Russia’s Car Boom

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<div class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 9.0pt;">By James Brooke<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><iframe frameborder="0" height="429" scrolling="no" src="http://www.voanews.com/flashembed.aspx?t=vid&id=1502033&w=640&h=429&skin=embeded" width="640"></iframe><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 9.0pt;">MOSCOW (VOA News) — Russian-made cars used to conjure up images of boxy, broken down Ladas. Now car sales are jumping and foreign car makers are investing billions.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 9.0pt;">This week, Moscow’s International Motor Show is supplying plenty of glitz. But behind the hoopla, the real excitement is that Russia is on its way to become one of the world’s top five car markets.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 9.0pt;">With sales jumping in Russia, and slumping in Europe this year, Russia is projected to displace Germany in 2014 as Europe’s largest car market. That would make Russia the world’s fourth largest car market - after China, the United States and Japan, according to the research group Euromonitor.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 9.0pt;">Russia finally joined the World Trade Organization last month. Now car companies are racing to boost production before import tariffs start dropping.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 9.0pt;">Each of the American big three automakers - Ford, GM and Chrysler - plans to invest $1 billion in car factories in Russia.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 9.0pt;">“We were the first ones in here 10 years ago, and we’ve built over 500,000 vehicles here,” says Ted Cannis, president of the Ford Sollers joint venture in Russia. “This is a key, core place in Russia. And we see a huge potential for Ford.”<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 9.0pt;">A few stands away, James Bovenzi, GM’s president for Russia, says GM’s plan is to double its Russia production over the next five years.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 9.0pt;">“GM values the Russian market,” Bovenzi says. “We see it as one of the big growing markets in the world.”<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 9.0pt;">To generate buzz in Russia, GM invited Henry Kissinger to their plant expansion ceremony last June in St. Petersburg.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 9.0pt;">With car sales up 14 percent in Russia so far this year, dealers are struggling to meet demand.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 9.0pt;">At a brand new Chrysler dealership on Moscow’s beltway, John Stech, Chrysler Russia CEO, talks about the demand.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 9.0pt;">“We've brought completely refreshed vehicles, all new vehicles, onto the Russian market,” he said, while visiting the dealership for the first time. “And they really resonate with the Russian customers. For a while we couldn't get enough. Now we have a better supply, and we see this really in the activity in our dealers."<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 9.0pt;">And there is room for growth. There is about one car for every four Russians - about half the average for Western Europe and the United States.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 9.0pt;">Chris Weafer, strategist for Troika Dialog, says Russian consumers have money in their pockets.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 9.0pt;">"It is one of the fastest growing consumer markets in the world,” he says. “And that’s coming on the back of very strong disposable income growth - about $8,000 this year, rising to a projected $12,000 in about 4 or 5 years time. So people have more money to spend on consumer goods."<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 9.0pt;">Bernard Sucher, a long-term American investor and sometime Russia critic, comes from Detroit, home of the Big Three American manufacturers.<span style="mso-spacerun: yes;">  </span>The Motor City native is impressed by what is happening in Russia.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 9.0pt;">“They`ve done a pretty good job in encouraging global producers and suppliers of addressing Russian markets in terms favorable for foreign players, but at the same time promising that Russia will retain substantial manufacturing capacities itself,” Sucher says. “It`s a good story. It’s a win-win story. And we would like to see more of that.”<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="background: white; color: black; font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 9.0pt;">Now, with all the new cars hitting the streets, Russia’s challenge is to build parking - and roads.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
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American Car Makers Bet Billions on Russia’s Car Boom

By James Brooke MOSCOW (VOA News) — Russian-made cars used to conjure up images of boxy, broken down Ladas. Now car sales are jumping and ...

GM Will Go Bankrupt Again!

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</div><div class="MsoNormal" style="direction: ltr; unicode-bidi: embed;"><span style="font-family: 'Trebuchet MS', sans-serif; font-size: 12pt; line-height: 115%;">By   <span style="color: windowtext; text-decoration: none;"><a href="http://www.groundreport.com/EagleNews">EagleNews</a></span></span><span dir="RTL" lang="AR-SA" style="font-family: Arial, sans-serif; font-size: 12pt; line-height: 115%;"><o:p></o:p></span><br />
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<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj5h5zXiGROHxLNMZwXrZkWCIm6oRu2H8xKhSI9VeO3Ussr2g0j0y3HZLaijT6eEtQKxXTOXdQdY_9wjqabQitqPSg3zeK1AaA4XMVcOCythQHL2Lp4cD3ZrgvHpy3TSv0Rm7wAdE9Dlrg/s1600/barackobamagroundreport.jpg" imageanchor="1" style="clear: left; margin-bottom: 1em; margin-left: auto; margin-right: auto;"><img border="0" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj5h5zXiGROHxLNMZwXrZkWCIm6oRu2H8xKhSI9VeO3Ussr2g0j0y3HZLaijT6eEtQKxXTOXdQdY_9wjqabQitqPSg3zeK1AaA4XMVcOCythQHL2Lp4cD3ZrgvHpy3TSv0Rm7wAdE9Dlrg/s320/barackobamagroundreport.jpg" width="320" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: "Trebuchet MS","sans-serif"; font-size: 10.0pt; line-height: 115%; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-bidi-font-size: 11.0pt; mso-bidi-language: AR-SA; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US; mso-fareast-theme-font: minor-latin;">Photo © <a href="http://www.groundreport.com/includes/ajax/image_popup.php?image=2947106&image_id=1"><span style="color: windowtext; text-decoration: none; text-underline: none;">groundreport</span></a></span></td></tr>
</tbody></table><span style="font-family: 'Trebuchet MS', sans-serif; font-size: 12pt; line-height: 115%;"><a href="http://www.groundreport.com/US/GM-will-go-bankrupt-again/2947106"><span style="color: windowtext; text-decoration: none;">GroundReport</span></a>--- President Obama saved GM. At least that's what we've been hearing over and over again. But have you ever asked yourself if it's actually true? By the month of June GM reported a 16% spike in sales. That's a fact! You might say GM is back on track, but if you take a closer look you will find out that it's a whole different story. Obama wants you to believe that GM gained the ability to turn around the company on $50 billion in taxpayer dollars. What the government doesn't want you to know is that GM never received $50 billion dollars, because $30 billion went to the UAW for stuff like: 7 weeks paid vacation each year, $74 an hour in salary and benefits and Health Care covering things like: lasik eye surgery, drug coverage…). So the President tells us that GM was able to do what they needed for just $20 billion dollars.<o:p></o:p></span></div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><br />
</div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><span style="font-family: 'Trebuchet MS', sans-serif; font-size: 12pt; line-height: 115%;">The National Legal and Policy Center reported "It looks like General Motors will be throwing everything in but the kitchen sink to help fluff its second quarter earnings numbers. Taxpayers continue to help with the cause as President Obama campaigns on the "success" of GM following the manipulated bankruptcy process that cost taxpayers $50 billion and another $45 billion of tax credits gifted to GM to help protect powerful UAW interests. We now learn that government purchases of GM vehicles rose a whopping 79% in June."<o:p></o:p></span></div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><br />
</div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><span style="font-family: 'Trebuchet MS', sans-serif; font-size: 12pt; line-height: 115%;">If you'd like an easier explanation, see how Seton Motley describes it "Meaning Barack Obama is now campaigning on the "success" of - the government buying cars from… the government's car company. With our money. That's like you setting up a lemonade stand for kids. You buy them the lemons, sugar, cups and pitchers - and then buy most of the lemonade yourself. Except you are President Obama. Your kids are the United Autoworkers Union. And the lemonade cost $50 billion. At least you get to tax your neighbors for the $50 billion."<o:p></o:p></span></div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><br />
</div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><span style="font-family: 'Trebuchet MS', sans-serif; font-size: 12pt; line-height: 115%;">Do the math, GM will go bankrupt again. At least if Obama gets 4 more years in office. Remember “When I have more flexibility!" (hot mic situation with Dmitry Medvedev in Seoul on March 26th).<o:p></o:p></span></div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><span style="font-family: 'Trebuchet MS', sans-serif; font-size: 12pt; line-height: 115%;"><br />
This work is licensed under a <a href="http://creativecommons.org/licenses/by/3.0/"><span style="color: windowtext; text-decoration: none;">Creative Commons Attribution 3.0 License</span></a>.</span><span dir="RTL" lang="AR-SA" style="font-family: Arial, sans-serif; font-size: 12pt; line-height: 115%;"><o:p></o:p></span></div></div>

GM Will Go Bankrupt Again!

By EagleNews Photo © groundreport GroundReport --- President Obama saved GM. At least that's what we've been hearing over ...

India: Suzuki Motor Stake in Maruti to Increase

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<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;"><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;"><span class="Apple-style-span" style="line-height: 18px;"></span></span></div><div style="mso-line-height-alt: 10.0pt; text-align: justify; text-justify: inter-ideograph;"><br />
</div><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;">  <div style="mso-line-height-alt: 10.0pt; text-align: justify; text-justify: inter-ideograph;"><span style="color: black; font-family: "Trebuchet MS","sans-serif"; mso-ascii-theme-font: major-latin; mso-bidi-font-weight: bold; mso-hansi-theme-font: major-latin;">NEW DELHI (NNN-PTI): Suzuki Motor Corporation’s stake in domestic car market leader Maruti Suzuki is expected to go up 2 per cent to 56.2 per cent. <o:p></o:p></span></div><div style="mso-line-height-alt: 10.0pt; text-align: justify; text-justify: inter-ideograph;"><br />
</div><div style="mso-line-height-alt: 10.0pt; text-align: justify; text-justify: inter-ideograph;"><span style="color: black; font-family: "Trebuchet MS","sans-serif"; mso-ascii-theme-font: major-latin; mso-bidi-font-weight: bold; mso-hansi-theme-font: major-latin;">This follows a proposal to merge Suzuki Powertrain India Ltd with Maruti Suzuki, a move that was approved at a board meeting of the latter on Tuesday. <o:p></o:p></span></div><div style="mso-line-height-alt: 10.0pt; text-align: justify; text-justify: inter-ideograph;"><br />
</div><div style="mso-line-height-alt: 10.0pt; text-align: justify; text-justify: inter-ideograph;"><span style="color: black; font-family: "Trebuchet MS","sans-serif"; mso-ascii-theme-font: major-latin; mso-bidi-font-weight: bold; mso-hansi-theme-font: major-latin;">The regulatory approvals and legal requirements for the merger is likely to be completed by December. “Once the merger is approved, the books of accounts of Suzuki Powertrain will be merged with Maruti Suzuki with effect from April 1, 2012,” a company statement said. <o:p></o:p></span></div><div style="mso-line-height-alt: 10.0pt; text-align: justify; text-justify: inter-ideograph;"><br />
</div><div style="mso-line-height-alt: 10.0pt; text-align: justify; text-justify: inter-ideograph;"><span style="color: black; font-family: "Trebuchet MS","sans-serif"; mso-ascii-theme-font: major-latin; mso-bidi-font-weight: bold; mso-hansi-theme-font: major-latin;">Suzuki Powertrain supplies diesel engines and transmissions for Maruti’s vehicles. Suzuki Motor holds a 70 per cent share in Suzuki Powertrain, while the remaining 30 per cent is held by Maruti. The petrol engines are made by Maruti in-house. <o:p></o:p></span></div><div style="mso-line-height-alt: 10.0pt; text-align: justify; text-justify: inter-ideograph;"><br />
</div><div style="mso-line-height-alt: 10.0pt; text-align: justify; text-justify: inter-ideograph;"><span style="color: black; font-family: "Trebuchet MS","sans-serif"; mso-ascii-theme-font: major-latin; mso-bidi-font-weight: bold; mso-hansi-theme-font: major-latin;">“There will be no cash outflow from Maruti Suzuki. The swap ratio has been fixed at 1:70. As such, Suzuki Motor will receive one share of Maruti Suzuki (of Rs 5 each) for every 70 shares (of Rs 10 each) it holds in Suzuki Powertrain,” the statement said. <o:p></o:p></span></div><div style="mso-line-height-alt: 10.0pt; text-align: justify; text-justify: inter-ideograph;"><span style="color: black; font-family: "Trebuchet MS","sans-serif"; mso-ascii-theme-font: major-latin; mso-bidi-font-weight: bold; mso-hansi-theme-font: major-latin;"><o:p></o:p></span></div><div style="mso-line-height-alt: 10.0pt; text-align: justify; text-justify: inter-ideograph;"><br />
</div><div style="mso-line-height-alt: 10.0pt; text-align: justify; text-justify: inter-ideograph;"><span style="color: black; font-family: "Trebuchet MS","sans-serif"; mso-ascii-theme-font: major-latin; mso-bidi-font-weight: bold; mso-hansi-theme-font: major-latin;">Maruti has proposed a fresh issue of 13.17 million shares to Suzuki Motor in lieu of Suzuki Motor’s 70 per cent holding in Suzuki Powertrain. This would increase Suzuki Motor’s holding in Maruti from 54.2 per cent to 56.2 per cent. <o:p></o:p></span></div><div style="mso-line-height-alt: 10.0pt; text-align: justify; text-justify: inter-ideograph;"><br />
</div><div style="mso-line-height-alt: 10.0pt; text-align: justify; text-justify: inter-ideograph;"><span style="color: black; font-family: "Trebuchet MS","sans-serif"; mso-ascii-theme-font: major-latin; mso-bidi-font-weight: bold; mso-hansi-theme-font: major-latin;">This move will enable Maruti to bring its entire diesel engine capacity under its own control. Initiatives to increase efficiency, such as sourcing, localisation, production planning, manufacturing flexibility will be under the Maruti management. <o:p></o:p></span></div><div style="mso-line-height-alt: 10.0pt; text-align: justify; text-justify: inter-ideograph;"><br />
</div><div style="mso-line-height-alt: 10.0pt; text-align: justify; text-justify: inter-ideograph;"><span style="color: black; font-family: "Trebuchet MS","sans-serif"; mso-ascii-theme-font: major-latin; mso-bidi-font-weight: bold; mso-hansi-theme-font: major-latin;">“The proposed merger also promises benefits for the combined entity through synergies in areas like finance, capital structuring and administration and consequent reduction of transaction costs,” the company said. <o:p></o:p></span></div><div style="mso-line-height-alt: 10.0pt; text-align: justify; text-justify: inter-ideograph;"><br />
</div><div style="mso-line-height-alt: 10.0pt; text-align: justify; text-justify: inter-ideograph;"><span style="color: black; font-family: "Trebuchet MS","sans-serif"; mso-ascii-theme-font: major-latin; mso-bidi-font-weight: bold; mso-hansi-theme-font: major-latin;">Maruti Suzuki shares on the BSE were up 0.99 per cent to Rs 1,120.25 at 1:30 p.m. on Tuesday. <o:p></o:p></span></div><div style="mso-line-height-alt: 10.0pt; text-align: justify; text-justify: inter-ideograph;"><br />
</div><div style="mso-line-height-alt: 10.0pt; text-align: justify; text-justify: inter-ideograph;"><span style="color: black; font-family: "Trebuchet MS","sans-serif"; mso-ascii-theme-font: major-latin; mso-bidi-font-weight: bold; mso-hansi-theme-font: major-latin;">"We saw it as the right move to withdraw...Those technical consultations have been completed largely, and so it was determined that they could return home," he added. <o:p></o:p></span></div><div style="mso-line-height-alt: 10.0pt; text-align: justify; text-justify: inter-ideograph;"><br />
</div><div style="mso-line-height-alt: 10.0pt; text-align: justify; text-justify: inter-ideograph;"><span style="color: black; font-family: "Trebuchet MS","sans-serif"; mso-ascii-theme-font: major-latin; mso-bidi-font-weight: bold; mso-hansi-theme-font: major-latin;">"We are ready to send officials back to Islamabad when the Pakistani government is ready to conclude the agreement. And it certainly remains our goal to complete an agreement as soon as possible, and I would note that the Pakistani government has said the same thing," he said in response to a question. <o:p></o:p></span></div><div style="mso-line-height-alt: 10.0pt; text-align: justify; text-justify: inter-ideograph;"><br />
</div><div style="mso-line-height-alt: 10.0pt; text-align: justify; text-justify: inter-ideograph;"><span style="color: black; font-family: "Trebuchet MS","sans-serif"; mso-ascii-theme-font: major-latin; mso-bidi-font-weight: bold; mso-hansi-theme-font: major-latin;">The Pakistani government has said that they want this agreement concluded, and the US looks forward to that taking place, he said. <o:p></o:p></span></div><div style="mso-line-height-alt: 10.0pt; text-align: justify; text-justify: inter-ideograph;"><br />
</div><div style="mso-line-height-alt: 10.0pt; text-align: justify; text-justify: inter-ideograph;"><span style="color: black; font-family: "Trebuchet MS","sans-serif"; mso-ascii-theme-font: major-latin; mso-bidi-font-weight: bold; mso-hansi-theme-font: major-latin;">"I think there are still some remaining issues that need to be resolved, but they do not require the kind of technical people that were involved in the GLOC consultations for the past 45 days," he said. <span style="mso-spacerun: yes;"> </span>-NNN-PTI</span><span style="font-family: "Trebuchet MS","sans-serif"; mso-ascii-theme-font: major-latin; mso-hansi-theme-font: major-latin;"><o:p></o:p></span></div></span><br />
</div>

India: Suzuki Motor Stake in Maruti to Increase

NEW DELHI (NNN-PTI): Suzuki Motor Corporation’s stake in domestic car market leader Maruti Suzuki is expected to go up 2 per cent to 56....

Tata's Nano Car Sets New Standard for Low Cost Vehicles"

<div dir="ltr" style="text-align: left;" trbidi="on"><br />
<div class="MsoNormal" style="text-align: justify;"><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif;"><span class="Apple-style-span" style="line-height: 18px;"><br />
</span></span></div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt;">"WASHINGTON (NNN-Bernama) -- Lauding the technological innovation of Tata’s small car Nano, a top US official said that the car made in India has set a new standard for low-cost vehicle, the Press Trust of India (PTI) reported. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt;">"The US$3,000 Nano developed and manufactured by India’s Tata Motors has set new global standards for low-cost vehicles," the Under Secretary for Economic Growth, Energy, and Environment, Robert D Hormats, said on Thursday. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt;">In an op-ed in the Huffington Post, Hormats cited Nano as a prime example of innovations used for affordable things for the masses. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt;">"Innovation is not limited to the developed world. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt;">"Increasingly, innovative ideas and products originate in emerging markets where there is a growing number of research centres, innovative scientists, and highly entrepreneurial businesses," he wrote. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt;">Stating that Tata Motors has filed many patents associated with the design of the Nano to protect its research and development investment, Hormats said there should be incentive to develop new products. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt;">The incentive to develop new products and invest in companies that commercialise those inventions and creative works depends on intellectual property (IP) rights, he said. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt;">"This holds true for small businesses and large multi-national corporations, in developed countries and emerging economies as well as some of the world’s poorest countries, where innovation is also occurring at a rapid pace," he said. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt;">Governments must therefore protect IP rights in order to support visionary innovators from within their own borders and throughout the globe, Hormats wrote.--NNN-BERNAMA<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
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Tata's Nano Car Sets New Standard for Low Cost Vehicles"

"WASHINGTON (NNN-Bernama) -- Lauding the technological innovation of Tata’s small car Nano, a top US official said that the car made ...

World’s First Air Power Car from India

<div dir="ltr" style="text-align: left;" trbidi="on"><br />
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhH6vc7yYWMGeizDr8NZIFQkP4yd-f8Xc0f1pmGxvwMQQeMq13aborlUe7UdxhLL01DaAW0oguZ8kRL34xwrSkxs8BICt1QQf9fvOoMYwe2XvxxxCgeXfrSWec5dRkq8xF_gOGXjtNCugI/s1600/2012041015190166.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="213" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhH6vc7yYWMGeizDr8NZIFQkP4yd-f8Xc0f1pmGxvwMQQeMq13aborlUe7UdxhLL01DaAW0oguZ8kRL34xwrSkxs8BICt1QQf9fvOoMYwe2XvxxxCgeXfrSWec5dRkq8xF_gOGXjtNCugI/s320/2012041015190166.jpg" width="320" /></a></div><div class="MsoNormal" style="text-align: justify;"><span class="Apple-style-span" style="font-family: 'Trebuchet MS', sans-serif; font-size: 16px; line-height: 18px;">NNN--- India’s Tata Motors and ex-Formula One engineer Guy N. from Luxembourg MDI will release a car engine capable of running on air in August. The price of the car - the MiniCat - would be around US$ 8000 and is a lightweight urban model, with a tubular chassis and fiberglass body. Its top speed will be around 105 kilometers per hour. The environmentally-friendly car uses no petrol, requires little maintenance and has a range of around 300km between re-gassing. Tata hopes to have it on the market in India in 2012. Photo Courtesy trak.in---NNN</span></div></div>

World’s First Air Power Car from India

NNN--- India’s Tata Motors and ex-Formula One engineer Guy N. from Luxembourg MDI will release a car engine capable of running on air in Au...

Chinese, Indian Automakers to Set Up J-V in China

<div dir="ltr" style="text-align: left;" trbidi="on"><div style="text-align: left;"></div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%;">HEFEI, CHINA (NNN-XINHUA) -- Leading Chinese automobile manufacturere Chery Automobile Co. Ltd. and Indian-owned luxury car maker Jaguar Land Rover (JLR) say they have reached agreement to set up a joint venture (JV) in China in which both sides will hold equal shares.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%;">According to a press release posted on Chery's official website and also seen on JLR's official website, the agreement follows extensive talks between JLR and Chery on establishing an equal partnership company.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%;">The scope of the proposed joint venture will include the manufacture of JLR- and JV-branded vehicles, the establishment of a research and development (R&D) facility, engine manufacturing and the sale of vehicles produced by the joint venture, the release said.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%;">"Working together on this proposed joint venture is an exciting prospect for both JLR and Chery. Demand for Jaguar and Land Rover vehicles continues to increase significantly in China and we believe that JLR and Chery can jointly realize the potential of these iconic brands in the world's largest car market," said JLR chief executive officer Ralf Speth and Chery's Board Chairman and General Manager, Yin Tongyue, in a joint statement.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%;">"Our ambition is to leverage the respective strengths of our two businesses -- in research and development; technological innovation; manufacturing excellence and local consumer knowledge -- to offer Chinese customers the most advanced, highly efficient products featuring the very latest technologies," the statement said.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%;">The terms and conditions of the commercial agreement are not being disclosed for now.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%;">Chery was founded in 1997 and has since emerged as one of China's largest and most productive automotive manufacturers. Chery is also one of China's largest vehicle exporters, sending vehicles to markets in over 60 countries.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%;">Chery's products include passenger cars and SUVs, as well as engines and transmissions. In 2011, Chery recorded sales of 643,000 units, ranking sixth among China's passenger vehicle manufacturers.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%;">JLR, a wholly-owned subsidiary of India's Tata Motors, is the largest manufacturer of premium vehicles in Britain.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS","sans-serif"; font-size: 12.0pt; line-height: 115%;">In 2005, sales in China accounted for one percent of combined Jaguar and Land Rover sales. The country is now JLR's third largest market and is still growing; annual sales in 2011 increased by 60 per cent to 42,000 units. -- NNN-XINHUA<o:p></o:p></span></div></div>

Chinese, Indian Automakers to Set Up J-V in China

HEFEI, CHINA (NNN-XINHUA) -- Leading Chinese automobile manufacturere Chery Automobile Co. Ltd. and Indian-owned luxury car maker Jaguar Lan...

India's Tata Motors Eyes 100 Km/L with Megapixel after Cheapest Car NANO

<div dir="ltr" style="text-align: left;" trbidi="on"><br />
<div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><br />
</div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><span style="font-size: 12pt;">  </span><span dir="RTL" lang="AR-SA" style="font-family: Tahoma, sans-serif; font-size: 12pt;"><o:p></o:p></span></div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><span style="font-size: 12pt;">GENEVA (NNN-Bernama) -- At a time when fuel conservation is becoming imperative across the world, Tata Motors is aiming to make a car, Tata Megapixel that can deliver up to 100 kilometres from a litre of fuel by using a unique combination of technology.<o:p></o:p></span></div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><br />
</div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><span style="font-size: 12pt;">The company, which surprised the world with 'Rs100, 000 car' Nano, on Tuesday unveiled the concept vehicle which is a four -seated global range extended electric vehicle (REEV) meant for city driving.<o:p></o:p></span></div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><br />
</div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><span dir="LTR"></span><span style="font-size: 12pt;"><span dir="LTR"></span>"Realistically such products take at least 3 years to develop. There are lots of electric technology to be developed, besides many other things," PTI quoted Tata Group Chairman Ratan Tata as saying after unveiling the vehicle here at the Geneva Motor Show.</span><span dir="RTL" lang="AR-SA" style="font-family: Tahoma, sans-serif; font-size: 12pt;"><o:p></o:p></span></div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><br />
</div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><span style="font-size: 12pt;">The vehicle combines a lithium ion phosphate battery and on-board petrol engine generator for recharging on the move. According to the company, Tata<o:p></o:p></span></div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><span style="font-size: 12pt;">Megapixel offers a range of up to 900 km (with a single tank of fuel) and fuel economy of 100 km/litre (under battery only power).<o:p></o:p></span></div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><br />
</div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><span style="font-size: 12pt;">It also said the car will have CO2 emission of "just 22 gm/km". Last year at the 81st Geneva Motor Show Tata Motors had unveiled Tata Pixel, a city car concept for Europe. Pixel is yet to be commercially launched.<o:p></o:p></span></div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><br />
</div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><span style="font-size: 12pt;">Speaking during the unveiling of Megapixel, Tata Motors Managing Director India Operations Prakash M Telang said: "The Tata Megapixel, developed by our design centres in India, the UK and Italy, is our idea of a city car for discerning motorists in any megacity of the world.<o:p></o:p></span></div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><br />
</div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><span dir="LTR"></span><span style="font-size: 12pt;"><span dir="LTR"></span>"It is a result of the progress we have made on the Tata Pixel, displayed last year, and also denotes the company's future design direction."<o:p></o:p></span></div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><br />
</div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><span style="font-size: 12pt;">Among other features, the Megapixel's electric drive has four independent electric motors, one at each wheel. <o:p></o:p></span></div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><br />
</div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><span style="font-size: 12pt;">To make parking easier, the electric hub motors drive the wheels in opposite<o:p></o:p></span></div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><span style="font-size: 12pt;">directions, while the front wheels are turned at an acute angle, enabling a 2.8 metre turning radius.<o:p></o:p></span></div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><br />
</div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><span style="font-size: 12pt;">It also has an easy charging feature with the at-home charging system with an induction system. The car has simply to be parked over the induction pad for charging to begin. --NNN-BERNAMA<o:p></o:p></span></div><div class="MsoNormal" style="direction: ltr; text-align: justify; unicode-bidi: embed;"><br />
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India's Tata Motors Eyes 100 Km/L with Megapixel after Cheapest Car NANO

GENEVA (NNN-Bernama) -- At a time when fuel conservation is becoming imperative across the world, Tata Motors is aiming to make a car, T...

Automakers Marketing More Fuel Efficient, Compact Cars

<div dir="ltr" style="text-align: left;" trbidi="on"><span style="font-size: xx-small;"><b>By Kane Farabaugh from Detroit</b></span><br />
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<div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;">As the U.S. automotive industry emerges from one of its worst sales periods on record, factories continue to retool in an effort to make and market vehicles that reflect new customer demands.  This strategy is creating jobs in the so-called “green car” industry, but eliminating others.</span></div><div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;"><br />
</span></div><div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;">After 15 years on the assembly line, Detroit autoworker Nicole Current is about to become unemployed.</span></div><div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;"><br />
</span></div><div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;">“I make truck axles, so as the auto industry tries to get away from the larger size vehicles, and tries to get to more fuel efficient, more economical vehicles, and gas prices being where they are with what product we make, it makes it extremely difficult when in the actual economy, people aren’t buying trucks,” Current said.</span></div><div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;"><br />
</span></div><div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;">People are instead buying cars like the gasoline electric hybrid Toyota Prius. Toyoto Communications Manager Greg Thome says it is one of the automaker's most popular models.</span></div><div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;"><br />
</span></div><div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;">“The Prius has done really well.  We expect our sales this year to grow incrementally as far as Prius is concerned, because we are growing from one Prius model to a family of four models,” Thome said.</span></div><div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;"><br />
</span></div><div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;">Toyota debuted the more compact Prius C at the 2012 North American International Auto Show in Detroit. Michigan.</span></div><div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;"><br />
</span></div><div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;">Thome says the Prius C reflects post-recession customer demand for cheaper vehicles that don’t cost as much to fill up.</span></div><div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;"><br />
</span></div><div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;">“The recession certainly hit all models.  Now we’re starting to see a lot of people come back to the market, including for new technology like hybrids and so forth," Thome said.</span></div><div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;"><br />
</span></div><div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;">Almost every manufacturer on the floor of this year’s Detroit Auto Show - from low-end to luxury -- is now marketing fuel-efficient models.</span></div><div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;"><br />
</span></div><div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;">Just as sales of General Motors widely publicized, electric-powered Chevrolet Volt enters a second year, the company is concentrating more on the green vehicle market.  </span></div><div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;"><br />
</span></div><div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;">GM’s director of regulatory affairs Mary Beth Stanek says shifting the company's focus away from less fuel-efficient trucks and sport utility vehicles is part of GM’s overall strategy.</span></div><div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;"><br />
</span></div><div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;">“The green aspect has been coming along for some time.  Naturally, we want to make sure we have alternatives to petroleum as well.  Our business doesn’t want to be dependent on one particular type of energy source.  So it moves us as a company to make sure we have a lot of offerings and that we kind of ride out the instability of petroleum pricing,” Stanek said.</span></div><div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;"><br />
</span></div><div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;">Customer demand for smaller and more fuel-efficient cars continues to redefine the U.S. auto economy.  That demand is re-opening shuttered facilities, and bringing jobs back to an industry that shed tens of thousands of workers in the last decade.</span></div><div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;"><br />
</span></div><div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;">But it comes as bittersweet news for workers like Nicole Current.  </span></div><div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;"><br />
</span></div><div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;">“Although I am losing my job, as a union member, I’m just still one piece of that pie.   I definitely believe that we are going in the right direction with the leadership we’ve got in place,” Current said.</span></div><div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;"><br />
</span></div><div style="text-align: justify;"><span style="font-family: 'Trebuchet MS', sans-serif;">Current hopes that leadership can help her find employment in one of the thousands of new positions created by Detroit’s burgeoning green car industry. ---VOA News</span></div><div style="text-align: justify;"><br />
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Automakers Marketing More Fuel Efficient, Compact Cars

By Kane Farabaugh from Detroit As the U.S. automotive industry emerges from one of its worst sales periods on record, factories cont...

Indian Automakers Look to Turn Around Slowing Market

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</span></div><div class="MsoNormal" style="text-align: justify;"><b><span style="font-family: "Trebuchet MS"; font-size: 8.0pt;">By Anjana Pasricha from <st1:city w:st="on"><st1:place w:st="on">New Delhi</st1:place></st1:city><o:p></o:p></span></b></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">For decades, compact cars were the buzzword for foreign and domestic automakers in <st1:place w:st="on"><st1:country-region w:st="on">India</st1:country-region></st1:place>, but that trend appears to be shifting. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">Big and expensive: those are the words that dominate new launches at the Delhi Auto Expo in the Indian capital. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">Hyundai, Ford, Renault, Audi and Maruti Suzuki were among foreign and domestic auto companies that unveiled rugged sport-utility vehicles this week, to keep up with rising consumer demand. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">Auto analyst Yogendra Pratap says the limelight is no longer on basic, cheap hatchbacks which automakers have sold for years.   <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">“I think Indian people are considering buying cars that are more stylish, that have more features and are slightly bigger," Pratap said. "People are willing to pay for the extras, whether it be space, or it be utility or it be a modern and contemporary vehicle.”   <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">While rising interest rates and more expensive fuel may have dampened sales of compact cars, they have not deterred more affluent customers from seeking out bigger vehicles. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">Mohan Mariwala, managing director of Auto Hangar in Mumbai, sells Mercedes Benz cars. He says a luxury sedan is becoming an important symbol for a new generation with new aspirations.   <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">“The buying age is getting younger, it is in fact the middle class which is aspiring to jump segments and get into these cars," Mariwala said.   <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">Nonetheless, smaller cars are still firmly in the race in a country where car ownership is very low.   <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">Four years after what is known as the world’s cheapest car, the Nano, hit roads in <st1:country-region w:st="on"><st1:place w:st="on">India</st1:place></st1:country-region> and captured global attention, another ultra-small car has been unveiled.  <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">The RE 60, made by Bajaj Autos, has a 200 cubic centimeter engine and a top speed of 70 kilometers per hour. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">The company’s managing director, Rajiv Bajaj says the car will be in the market sometime this year. It is being pitched as a replacement for the popular three-wheeled taxis known as auto rickshaws, which can be seen on the streets of many Indian cities.  <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";"><o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">“We believe in the niche, we don’t believe in the rat races of volumes,” Bajaj said.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">The car could emerge as a competitor to the Nano made by Tata Motors. Priced at about $ 2,700, the Nano was hailed as an example of low-cost innovation and promised to put four wheels in the hands of tens of thousands of people.   <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">However, the Nano has not piled up the kind of success it had hoped to. Analysts say this is largely because of its image as a cheap car rather than an inspirational one.  <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">Whether it be through the compact Nano or a luxury sport-utility vehicle, automakers are looking to turn around car sales in <st1:country-region w:st="on"><st1:place w:st="on">India</st1:place></st1:country-region>, which was virtually stagnant last year despite 30 percent growth in 2010.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">Auto analysts say sales could bounce back as early as next year, when the economy is expected to emerge from a slowdown.</span><span style="background: white;"> </span><span class="apple-style-span"><span style="background: white;">---VOA News<o:p></o:p></span></span></div><div class="MsoNormal" style="text-align: justify;"><br />
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Indian Automakers Look to Turn Around Slowing Market

By Anjana Pasricha from New Delhi For decades, compact cars were the buzzword for foreign and domestic automakers in India , but that tre...

People’s Car of India TATA NANO in Trouble.

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<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEitaci_iGlzFixG-mKzO5hys05sNWV2wrH5sgTrFztFO751Odf4Gpl__sfYxrdhG7icLI1ejjbDYNQGMbPLqnZvzfj5UnIs2jvYIisZBdyqNth1ku1_e4_X13qwvZ40aNvmKhTZkCf4nvs/s1600/NANO+TATA.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEitaci_iGlzFixG-mKzO5hys05sNWV2wrH5sgTrFztFO751Odf4Gpl__sfYxrdhG7icLI1ejjbDYNQGMbPLqnZvzfj5UnIs2jvYIisZBdyqNth1ku1_e4_X13qwvZ40aNvmKhTZkCf4nvs/s1600/NANO+TATA.jpg" /></a></div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: 'Trebuchet MS';"><br />
</span></div><div class="MsoNormal" style="text-align: justify;"><span style="background: white; font-family: "Trebuchet MS";">NNN-AGENCIES -- The ultra-low-cost Nano Tata Motors unveiled four years ago, the "people's car" made headlines as the world's cheapest car, a safe upgrade for the millions of families who crowd four (or more) onto two-wheelers in India. But sales have been challenging and a long road lies ahead to lift sales to its targeted 250,000 a year. Farmer protests disrupted early production and the first buyers did not get their cars until July 2009. Reports of fires scared away customers, would-be buyers had difficulty securing financing, and the price rose well above its initial 100,000 rupees ($1,878). Photo courtesy of bikesforsale.com--- NNN<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><span style="background: white; font-family: "Trebuchet MS";">  <o:p></o:p></span></div></div>

People’s Car of India TATA NANO in Trouble.

NNN-AGENCIES -- The ultra-low-cost Nano Tata Motors unveiled four years ago, the "people's car" made headlines as the world...

India's Tata Motors to Replace Starter Motor in 140,000 Nano Cars

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</span></div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">NEW DELHI (NNN-Bernama) -- In the biggest-ever replacement exercise in Indian automobile history, Tata Motors has asked an estimated 140,000 Nano owners to bring back their world's chepest car for change of the starter motor free-of-cost. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">Vehemently denying this is a recall, the company said it is changing the old starter motor with a new and 'better' one, an exercise that will reportedly to cost the firm around Rupees 1.1 billion (about US$22 million), Press Trust of India (PTI) reported. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">"We have devised a better starter motor and so we are upgrading it in our old Nanos for improved performance. We have not received any complaint for this and this is not a recall," a Tata Motors spokesperson said. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">The company started the exercise in October and has already replaced the starter motor in about 50,000 Nano units, he added. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">When asked about the total number of cars that will be covered under this replacement activity, the spokesperson said: "We will change the part in all the old Nanos that were sold before launching the Nano 2012 in November." <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">According to the Society of Indian Automobile Manufacturers data, Tata Motors has sold a total of 140,428 Nano units till November, 2011, since the car's launch in 2009. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">On November 21 this year, Tata Motors introduced an upgraded Nano with a facelift, a more powerful engine, better fuel efficiency and new features, while keeping the price the same, in a bid to boost sales. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">The cheapest version of the car is priced at Rs 127,000 (about US$2,550) in <st1:city w:st="on"><st1:place w:st="on">New Delhi</st1:place></st1:city>. The small car comes with a rear mounted all aluminium two cylinder 623 cc, 33 horsepower petrol engine. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">Asked about the cost of replacing the starter motors, the spokesperson declined to comment. However, as per reports, the company is likely to incur a total outgo of Rs 1.1 billion for replacing the key component, which is responsible for starting the engine. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">The current replacement exercise by Tata Motors is by far the largest in the Indian automobile industry's history. Earlier, market leader Maruti Suzuki <st1:country-region w:st="on"><st1:place w:st="on">India</st1:place></st1:country-region>'s recall of 100,000 units of its A-Star hatchback in 2009 to replace a fuel pump gasket to check possible fuel leakage was the biggest. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">In September this year, Honda Siel Cars India said it would call back 72,115 units of its flagship mid-sized City sedan to replace defective power window switches. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">Last week, Toyota Kirloskar Motor announced the recall of 41,000 units of its Etios sedan and Liva small car in <st1:country-region w:st="on"><st1:place w:st="on">India</st1:place></st1:country-region> to replace a faulty inlet pipe to the fuel tank. - NNN-BERNAMA<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
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India's Tata Motors to Replace Starter Motor in 140,000 Nano Cars

NEW DELHI (NNN-Bernama) -- In the biggest-ever replacement exercise in Indian automobile history, Tata Motors has asked an estimated 140,0...

India: Force Motors to Launch Hybrid Version of 'Traveller'

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<div class="MsoNormal" style="text-align: justify;"><span style="font-family: 'Trebuchet MS';">NEW DELHI (NNN-PTI): Force Motors on Thursday said it will launch a hybrid variant of its commercial vehicle 'Traveller' by the end of 2012 after unveiling to the public at the upcoming Auto Expo next month.</span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: 'Trebuchet MS';">The company will also launch a nine-seater multi-purpose vehicle, being developed under a license from German auto giant Daimler, by 2013 with price ranging around of Rs 12 lakh-15 lakh.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: 'Trebuchet MS';">Firodia said the company's dealer strength will be ramped up to 44 by the end of the year from 22 dealerships currently. -NNN-PTI<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: 'Trebuchet MS';">The company is developing the technology in association with a firm from the <st1:country-region w:st="on"><st1:place w:st="on">UK</st1:place></st1:country-region>, he added.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: 'Trebuchet MS';">"We will commercially launch the vehicle within a year from now. This will be manufactured at our Pithampur plant in Madhya Pradesh," Firodia said.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: 'Trebuchet MS';">Besides, the company will also showcase a CNG version of the Traveller during the auto show at the National Capital from January 5-11.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: 'Trebuchet MS';">Talking about its association with Daimler, Firodia said: "We have tied up with the German firm to produce a nine-seater van under a licence agreement. We will launch the vehicle in Indian market in 2013."<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: 'Trebuchet MS';">In July this year, the domestic firm had tied up with Daimler for comprehensive supply of product technology for the proposed multi-purpose vehicle (MPV).<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: 'Trebuchet MS';">Asked about the price of the new vehicle, he said: "This will be a completely new category. Although we have decided yet, it will be in the range of Rs 12 lakh-Rs 15 lakh."<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: 'Trebuchet MS';">Force Motors currently uses a 2.2 litre common rail engine, the <st1:place w:st="on">OM</st1:place> 611, in Traveller range of vehicles. Variants of this engine will be adapted for installation in the MPV, the company had earlier said.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: 'Trebuchet MS';">The company is setting up a new facility at Pithampur for this MPV with a capacity of 24,000 units per annum, to be attained in two equal phases.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: 'Trebuchet MS';">Elaborating on the agreement, Firodia said: "We have bought a complete vehicle under licence. Though we cannot export it to Europe, but we can still sell it in neighbouring nations like <st1:country-region w:st="on">Sri Lanka</st1:country-region>, <st1:country-region w:st="on">Nepal</st1:country-region> and <st1:country-region w:st="on"><st1:place w:st="on">Bangladesh</st1:place></st1:country-region>."<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: 'Trebuchet MS';">Force Motors will, however, be supplying parts of the MPV such as sheet metals to <st1:place w:st="on">Europe</st1:place>, he added.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: 'Trebuchet MS';">In August this year, Force Motors had said it would invest Rs 1,000 crore across passenger and commercial vehicles segments to build-up capacities, carry out R&D activities and launching new products, over the next two years.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: 'Trebuchet MS';">On new products, Firodia said the company will launch a new 26-seater bus at the Auto Expo, besides introducing some variants of its sports utility vehicle (SUV) Force One.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: 'Trebuchet MS';">Meanwhile, the company is ramping the production capacity of Force One to 1,000 units a month from January. It currently rolls out 500 units every month.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: 'Trebuchet MS';">"The demand for Force One is very good. At present we are having a waiting period of about 45 days for this vehicle and so we are hiking the output," Firodia said.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: 'Trebuchet MS';">Firodia said the company has already sold 1,000 units so far since its launch in August as against an aim to sell 4,000 vehicles in the first year.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: 'Trebuchet MS';">The company is targeting to sell 10,000 units of Force One during next fiscal, he added.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: 'Trebuchet MS';">In August, the company had rolled out the SUV, priced at Rs 10.65 lakh (ex-showroom, <st1:city w:st="on"><st1:place w:st="on">Delhi</st1:place></st1:city>). It has roped in Bollywood actor Amitabh Bachchan as brand ambassador to promote the SUV.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: 'Trebuchet MS';">The company is expecting to sell a total of 65,000-67,000 vehicles, including the Traveller range, in 2012-13, he said, adding: "We are expecting a about 45 per cent jump in Force Motors's revenue to around Rs 3,000 crore in this fiscal."<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: 'Trebuchet MS';">"We are showcasing a hybrid concept of the Traveller at the Delhi Auto Expo in January. It will be a parallel hybrid that utilises solar energy as well as has regenerative exhaust systems," Force Motors Managing Director Prasan Firodia told reporters here.<o:p></o:p></span></div></div>

India: Force Motors to Launch Hybrid Version of 'Traveller'

NEW DELHI (NNN-PTI): Force Motors on Thursday said it will launch a hybrid variant of its commercial vehicle 'Traveller' by the end...

Malaysia on Indian Auto-Maker Mahindra’s Radar

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</div><div class="MsoNormal" style="text-align: justify;"><span class="apple-style-span"><span style="background: white;"><span class="Apple-style-span" style="font-size: xx-small;"><b>By P.Vijian </b></span><o:p></o:p></span></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><st1:city w:st="on"><span class="apple-style-span"><span style="background: white;">NEW DELHI</span></span></st1:city><span class="apple-style-span"><span style="background: white;"> (NNN-Bernama) -- One of India's top auto-makers, Mahindra & Mahindra (M&M), has hinted that <st1:country-region w:st="on"><st1:place w:st="on">Malaysia</st1:place></st1:country-region> could be a choice for its proposed new regional assembly plant. <o:p></o:p></span></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span class="apple-style-span"><span style="background: white;">The automotive company, a leading arm of <st1:country-region w:st="on">India</st1:country-region>'s reputable Mahindra Group conglomerate, is considering several countries in the Asean region, including <st1:country-region w:st="on">Indonesia</st1:country-region>, <st1:country-region w:st="on">Malaysia</st1:country-region> and <st1:country-region w:st="on"><st1:place w:st="on">Thailand</st1:place></st1:country-region>. <o:p></o:p></span></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span class="apple-style-span"><span style="background: white;">"The company is exploring <st1:country-region w:st="on">Indonesia</st1:country-region> and <st1:country-region w:st="on">Thailand</st1:country-region> for the automotive business, and from the tractors perspective, <st1:country-region w:st="on">Thailand</st1:country-region>, <st1:country-region w:st="on">Malaysia</st1:country-region> and <st1:country-region w:st="on"><st1:place w:st="on">Myanmar</st1:place></st1:country-region> are on the radar," Pravin Shah, chief executive, international operations, automotive & farm equipment sectors, told the Economic Times. <o:p></o:p></span></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span class="apple-style-span"><span style="background: white;">Terming <st1:place w:st="on">Southeast Asia</st1:place> as "an important, big markets for M&M's overseas growth," Shah said the proposed new plant would cater for the entire region. <o:p></o:p></span></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span class="apple-style-span"><span style="background: white;">The plant is likely to roll out M&M's utility vehicles, pick-up trucks and tractors. <o:p></o:p></span></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span class="apple-style-span"><span style="background: white;">"We are at present in talks with various parties and evaluating the different possibilities for setting up base with an appropriate business model," Shah told the newspaper. <o:p></o:p></span></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span class="apple-style-span"><span style="background: white;">The company at present exports about 700,000 units of utility vehicles and pick-up trucks, and 55,000 tractors to major Asean markets annually. -- NNN-BERNAMA<o:p></o:p></span></span></div></div>

Malaysia on Indian Auto-Maker Mahindra’s Radar

By P.Vijian NEW DELHI (NNN-Bernama) -- One of India's top auto-makers, Mahindra & Mahindra (M&M), has hinted that Malaysia ...

Low-Cost 'Nano' Motorcycles to Hit the Roads in India

<div style="color:; background-color:; font-family:times new roman, new york, times, serif;font-size:12pt"><div style="font-family: arial, helvetica, sans-serif; "><span class="Apple-style-span" style="font-family: 'Trebuchet MS'; ">NAGAPATTINAM, Tamil Nadu state, <st1:country-region w:st="on">India</st1:country-region> Nov 25 (NNN-Bernama) -- A group of final year mechanical engineering students of <st1:place w:st="on"><st1:placename w:st="on">PRIST</st1:placename> <st1:placetype w:st="on">University</st1:placetype></st1:place> in Thanjavur have designed low-cost 'nano' motorcycles, which could give a mileage of 97 kilometres per litre of petrol.</span></div>  <div class="MsoNormal" style="font-family: arial, helvetica, sans-serif; text-align: justify; "><span class="apple-style-span"><span style="font-family:"Trebuchet MS";background:white"><o:p> </o:p></span></span></div>  <div class="MsoNormal" style="font-family: arial, helvetica, sans-serif; text-align: justify; "><span class="apple-style-span"><span style="font-family:"Trebuchet MS";background:white">The 'nano' motorcycles is expected to hit the roads in <st1:country-region w:st="on"><st1:place w:st="on">India</st1:place></st1:country-region>, will be sold at about Rs 8,000 (RM490) per unit, Press Trust of India (PTI) reported, citing the students. <o:p></o:p></span></span></div>  <div class="MsoNormal" style="font-family: arial, helvetica, sans-serif; text-align: justify; "><span class="apple-style-span"><span style="font-family:"Trebuchet MS";background:white"><o:p> </o:p></span></span></div>  <div class="MsoNormal" style="font-family: arial, helvetica, sans-serif; text-align: justify; "><span class="apple-style-span"><span style="font-family:"Trebuchet MS";background:white">In 2008, Indian automaker Tata Motors has unveiled the Tata Nano — its already legendary US$2,500 car, a four door, five seat hatch, powered by a 30 HP Bosch 624 cc four stroke engine mounted out back and mated to a CVT. <o:p></o:p></span></span></div>  <div class="MsoNormal" style="font-family: arial, helvetica, sans-serif; text-align: justify; "><span class="apple-style-span"><span style="font-family:"Trebuchet MS";background:white"><o:p> </o:p></span></span></div>  <div class="MsoNormal" style="font-family: arial, helvetica, sans-serif; text-align: justify; "><span class="apple-style-span"><span style="font-family:"Trebuchet MS";background:white">The students of a private university, with the technical support of Hi-Tech Project Industries, a private engineering services company at Porayar, designed this 25 kilogramme, single-seater nano motorcycle. <o:p></o:p></span></span></div>  <div class="MsoNormal" style="font-family: arial, helvetica, sans-serif; text-align: justify; "><span class="apple-style-span"><span style="font-family:"Trebuchet MS";background:white"><o:p> </o:p></span></span></div>  <div class="MsoNormal" style="font-family: arial, helvetica, sans-serif; text-align: justify; "><span class="apple-style-span"><span style="font-family:"Trebuchet MS";background:white">Demonstrating the new model here recently, the students have claimed that the vehicle can touch a maximum speed of 45 kmph and carry one person. <o:p></o:p></span></span></div>  <div class="MsoNormal" style="font-family: arial, helvetica, sans-serif; text-align: justify; "><span class="apple-style-span"><span style="font-family:"Trebuchet MS";background:white"><o:p> </o:p></span></span></div>  <div class="MsoNormal" style="font-family: arial, helvetica, sans-serif; text-align: justify; "><span class="apple-style-span"><span style="font-family:"Trebuchet MS";background:white">They have fabricated the bike using steel, aluminium alloy and plastic, and <o:p></o:p></span></span></div>  <div class="MsoNormal" style="font-family: arial, helvetica, sans-serif; text-align: justify; "><span class="apple-style-span"><span style="font-family:"Trebuchet MS";background:white">the main frame is made of steel while the wheels were made of aluminium alloy. <o:p></o:p></span></span></div>  <div class="MsoNormal" style="font-family: arial, helvetica, sans-serif; text-align: justify; "><span class="apple-style-span"><span style="font-family:"Trebuchet MS";background:white"><o:p> </o:p></span></span></div>  <div class="MsoNormal" style="font-family: arial, helvetica, sans-serif; text-align: justify; "><span class="apple-style-span"><span style="font-family:"Trebuchet MS";background:white">"The petrol tank is made of plastic. To reduce noise, belt drive has been used instead of the traditional chain drive mechanism," PTI quoted them as saying. <o:p></o:p></span></span></div>  <div class="MsoNormal" style="font-family: arial, helvetica, sans-serif; text-align: justify; "><span class="apple-style-span"><span style="font-family:"Trebuchet MS";background:white"><o:p> </o:p></span></span></div>  <div class="MsoNormal" style="font-family: arial, helvetica, sans-serif; text-align: justify; "><span class="apple-style-span"><span style="font-family:"Trebuchet MS";background:white">The students also claimed that commercial production of the motorcycle was viable and would cost only about Rs 8,000 per unit. -- NNN-BERNAMA<o:p></o:p></span></span></div>  <div class="MsoNormal" align="center" style="font-family: arial, helvetica, sans-serif; text-align: center; "><span class="apple-style-span"><b><span style="font-size:18.0pt;font-family:"Trebuchet MS";color:red;background:white"><o:p> </o:p></span></b></span></div>  <div class="MsoNormal" align="center" style="font-family: arial, helvetica, sans-serif; text-align: center; "><span class="apple-style-span"><b><span style="font-size:18.0pt;font-family:"Trebuchet MS";color:red;background:white"><a href="http://feeds.feedburner.com/GlobalNewsPost" target="_blank"><span style="color:red">CLICK HERE TO </span><span style="color:red;mso-bidi-font-weight: bold;mso-bidi-font-style:italic">Get Free Information, News</span><span style="color:red;mso-bidi-font-weight:bold;mso-bidi-font-style:italic"> </span><span style="color:red;mso-bidi-font-weight:bold;mso-bidi-font-style:italic">& Knowledge via Email</span></a></span></b></span><b><span style="font-family:"Trebuchet MS";color:red"><o:p></o:p></span></b></div><div style="font-family: arial, helvetica, sans-serif; "></div></div>

Low-Cost 'Nano' Motorcycles to Hit the Roads in India

NAGAPATTINAM, Tamil Nadu state, India Nov 25 (NNN-Bernama) -- A group of final year mechanical engineering students of PRIST University i...

US Auto Sales Rise

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</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: 'Trebuchet MS';">Two <st1:country-region w:st="on"><st1:place w:st="on">U.S.</st1:place></st1:country-region> automakers reported rising sales in their home market in October.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: 'Trebuchet MS';">Tuesday's report from General Motors says the company's sales were nearly two percent higher than the same month a year ago.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: 'Trebuchet MS';">Smaller rival Chrysler said its sales jumped 27 percent.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: 'Trebuchet MS';">Experts surveyed by news agencies predict that when all the companies report, sales will rise to a 13.2 million annual rate.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: 'Trebuchet MS';">Sales of Japanese-made cars, and U.S.-built cars that use some Japanese parts, are returning to normal levels. They had been slowed by the damage from natural disasters that hampered factory production in <st1:country-region w:st="on"><st1:place w:st="on">Japan</st1:place></st1:country-region> earlier this year.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: 'Trebuchet MS';">Also Tuesday, Japan-based <st1:city w:st="on">Toyota</st1:city> announced plans to export some vans it builds in <st1:country-region w:st="on">U.S.</st1:country-region> factories to <st1:country-region w:st="on"><st1:place w:st="on">South Korea</st1:place></st1:country-region>. <st1:country-region w:st="on">Korea</st1:country-region> is one of 19 nations where <st1:city w:st="on"><st1:place w:st="on">Toyota</st1:place></st1:city> sends its U.S.-made products.<o:p></o:p></span><span class="Apple-style-span" style="font-size: 18px;">---VOA News</span></div></div>

US Auto Sales Rise

Two U.S. automakers reported rising sales in their home market in October. Tuesday's report from General Motors says the company...

Renault-Nissan to Double Production & Market Share in Brazil

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</span></div><span class="Apple-style-span" style="font-family: 'Trebuchet MS';">RIO DE JANEIRO <span> </span>(NNN-MERCOPRESS) - Automaker Renault-Nissan will invest US$285 million to expand its factory in Brazil and boost production as part of a sales offensive in Latin America's largest economy, Chief Executive Carlos Ghosn said. </span><br />
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</span><br />
<div class="MsoNormal" style="text-align: justify;"><span class="Apple-style-span" style="font-family: 'Trebuchet MS';">Ghosn is in <st1:country-region w:st="on">Brazil</st1:country-region> to launch a major expansion of the Renault-Nissan Motor Co Ltd partnership's production that it hopes will double its share of vehicle sales in <st1:country-region w:st="on"><st1:place w:st="on">Brazil</st1:place></st1:country-region> to 13% by 2016.</span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">The new investment at the Renault plant in the southern state of <st1:city w:st="on">Parana</st1:city> will boost production capacity there to 380,000 vehicles per year by 2013, Ghosn said at a news conference in the city of <st1:city w:st="on"><st1:place w:st="on">Curitiba</st1:place></st1:city>. The plant currently has a capacity of about 250,000 vehicles. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">Renault plans to launch 13 new vehicles in <st1:country-region w:st="on"><st1:place w:st="on">Brazil</st1:place></st1:country-region> between next year and 2016 and double its dealerships in the country from the present 186 in the coming years, he said. The investments will add 1,000 workers to Renault's current <st1:country-region w:st="on"><st1:place w:st="on">Brazil</st1:place></st1:country-region> workforce of 6,000. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">In the 2010-2015 product cycles Renault will invest an additional one billion Real (US$540 million) in <st1:country-region w:st="on"><st1:place w:st="on">Brazil</st1:place></st1:country-region> to cover the development, industrialisation and launch of the new vehicles, he said. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">The <st1:country-region w:st="on">Brazil</st1:country-region> offensive is the latest leg of the Renault-Nissan partnership's strategy of boosting its sales and raising market share in the BRIC countries - <st1:country-region w:st="on">Brazil</st1:country-region>, <st1:country-region w:st="on">Russia</st1:country-region>, <st1:country-region w:st="on">India</st1:country-region> and <st1:country-region w:st="on"><st1:place w:st="on">China</st1:place></st1:country-region>. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">Ghosn is expected to announce later today an investment of US$1.5 billion to build a new Nissan plant in <st1:city w:st="on"><st1:place w:st="on">Rio de Janeiro</st1:place></st1:city> state to expand the Japanese carmaker's coverage of the Brazilian market. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">His aim is to raise Nissan's share of the Brazilian market to 5% by 2016 from 1.5% now. Renault's share is seen rising to 8% from just over 5% now. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">Renault has been producing cars at the <st1:city w:st="on">Parana</st1:city> factory since 1998 and ranks fifth in vehicle sales in the fast-growing and fiercely competitive <st1:country-region w:st="on"><st1:place w:st="on">Brazil</st1:place></st1:country-region> market. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">The top four producers in <st1:country-region w:st="on">Brazil</st1:country-region> are <st1:country-region w:st="on">Italy</st1:country-region>'s Fiat SpA, <st1:country-region w:st="on"><st1:place w:st="on">Germany</st1:place></st1:country-region>'s Volkswagen AG, General Motors Co and Ford Motor Co. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">Brazil is considered the world’s fourth most important market for cars, behind <st1:country-region w:st="on">China</st1:country-region>, <st1:country-region w:st="on">United  States</st1:country-region> and <st1:country-region w:st="on"><st1:place w:st="on">Japan</st1:place></st1:country-region>, but its potential is even higher given the still low ratio of car per thousand populations. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">The Brazilian economy grew a hefty 7.5% last year and the number of middle-class citizens has surged in the past decade, making it crucial to the growth of major carmakers as many developed economies stagnate. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";"><br />
</span></div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">Still, several auto factories in <st1:country-region w:st="on"><st1:place w:st="on">Brazil</st1:place></st1:country-region> have begun to scale back production in recent weeks due to high inventories and signs of cooling demand as world uncertainties regarding the U.S and EU crisis reach the country. -- NNN-MERCOPRESS</span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div></div>

Renault-Nissan to Double Production & Market Share in Brazil

RIO DE JANEIRO (NNN-MERCOPRESS) - Automaker Renault-Nissan will invest US$285 million to expand its factory in Brazil and boost product...

India, 25 Countries Oppose EU Plan on Emission Trading

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<div class="MsoNormal" style="text-align: justify;"><span class="Apple-style-span" style="font-family: 'Trebuchet MS';">NEW DELHI(NNN-Bernama): India and 25 other countries including the US, China, Russia and Brazil, has opposed the European Union's plan to include aviation under its emission trading scheme and impose emission charges on airlines flying into the region starting next year.</span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">After a two-day meeting here, the non-EU ICAO members adopted a joint declaration in which they termed as "unilateral" the imposition of EU Emissions Trading Scheme (EU-ETS), saying it was "inconsistent with applicable international law".<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">Vowing to oppose the imposition of the ETS tax on their airlines flying to EU, Indian Civil Aviation Secretary Nasim Zaidi told Press Trust of India (PTI)that: <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">"The members asked the EU and its member states to refrain from including flights by non-EU carriers to and from an airport in the EU in its emission trading system."<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">The recent measure by the 27-nation bloc to impose carbon curbs on flights to and from the region have sparked protests by the non-EU members. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">The EU move, which would become effective from 2012, would lead to a hike in air fares on these flights as the airlines, which would be paying the ETS charges, would onpass them to their customers. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">The declaration, adopted at the meeting here, asked the EU member states to work collaboratively with rest of the international community to address aviation emissions.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">The non-EU countries expressed concerns about EU-ETS measures violating the Chicago Convention governing international aviation and also provisions of the WTO.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">The EU-ETS, also known as the European Union Emissions Trading System, is the largest multi-national emissions trading scheme in the world.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">The joint declaration also said that the aviation emissions should be addressed by ICAO. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">Under the EU-ETS, large emitters of carbon dioxide, including airlines, within the EU must monitor and annually report their carbon dioxide emissions. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">They are obliged every year to return an amount of emission allowances to the government that is equivalent to their carbon dioxide emissions in that year.<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">The International Air Transport Association has also called the EU's plan in contravention of the international law and "an attack on sovereignty." <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">The EU had decided in 2008 that aviation should become a part of its cap-and-trade carbon program after airline discharges in <st1:place w:st="on">Europe</st1:place> doubled over two decades. <o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><span style="font-family: "Trebuchet MS";">Emissions from international aviation now account for 2-3 per cent of global greenhouse gas discharges, according to the EU.-NNN-BERNAMA<o:p></o:p></span></div><div class="MsoNormal" style="text-align: justify;"><br />
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India, 25 Countries Oppose EU Plan on Emission Trading

NEW DELHI(NNN-Bernama): India and 25 other countries including the US, China, Russia and Brazil, has opposed the European Union's plan...