Auto & Truck Manufacturers

Hero Motocorp to expand in India, set foot in Bangladesh, Colombia - Live Mint

Hero Motocorp Ltd:Says it has outlined an investment of 50 bln india rupee to set up manufacturing plants in Colombia and Bangladesh overseas and in Gujarat and Andhra Pradesh.Also Research and design centre in Rajasthan.Says expansion is in line with the company’s plan to surpass 100 mln units in...

Monday, 20 Oct 2014

Tan Chong Motor Holdings Bhd announces establishment of commercial papers (CP) programme and medium term notes (MTN) Programme

Tan Chong Motor Holdings Bhd:Receives approval from Securities Commission Malaysia for establishment of CP/MTN Programmes.CP Programme and MTN Programme will have tenures of up to 7 years and up to 20 years respectively from date of first issuance from each of respective programmes.Commercial...

Monday, 20 Oct 2014

Volkswagen AG's joint venture to recall cars in China-Business Standard

Volkswagen AG:Volkswagen's Chinese joint venture will recall more cars in China due to a defect in the rear axles, state media said-Business Standard.The German automaker will recall a total of 581,090 cars, the official Xinhua news agency said.

Saturday, 18 Oct 2014

General Motors announces $12.5 billion revolving credit facility

General Motors Co:Announced execution of unsecured $12.5 billion revolving credit facility.Facility consisting of $5 billion three-year facility and $7.5 billion five-year facility.Facility amends and extends existing $11 billion credit facility.

Saturday, 18 Oct 2014

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