Volkswagen AG (Xetra: VW), a Germany-based automaker, is aiming to capture 3 percent of the passenger vehicle
segment in India.
The surging demand for passenger vehicles
has been driven by a number of factors, including: macroeconomic growth, sociocultural trends and an increasingly liberalized trade environment with the tariffs decreasing from 50% in 2015 to 0% in 2018 on passenger vehicle
imports among ASEAN-member countries.
According to the data released by the Society of Indian Automobile Manufacturers(Siam), passenger vehicle
sales in August were at 2.
In Africa, passenger vehicle
holds the major share in the automotive lubricant consumption.
The Company is a leading manufacturer of passenger vehicles
in China; the Company is engaged in the design, research and development, manufacture and sale of an extensive and diversified portfolio of passenger vehicle
models, and the provision of related services in China.
GYMCL decided to exit from this JV after discussions with the other shareholders in Jining Yuchai, which develops and manufactures diesel engines for passenger vehicles
in China, the company said and added that the financial impact of this divestiture is being evaluated and will be announced when determined.
The IJG Securities Report noted that passenger vehicle
sales fell 23.
The SIAM report said that the industry produced a total 1,729,002 vehicles including passenger vehicles
, commercial vehicles, three wheelers and two wheelers in July 2013 as against 1,745,532 in July 2012, registering a decline of 0.
Suzuki, which dominates India's passenger vehicle
market with a roughly 40 percent share, plans to start operating the new plant with an annual output capacity of 250,000 vehicles in the year to March 2016, with the aim of retaining its competitive edge in the growing Indian car market, company officials said.
BAGHDAD / Aswat al-Iraq: An improvised explosive device attached to a passenger vehicle
went off in central Baghdad on Saturday, leaving six civilians wounded, an Iraqi police source said.
China's passenger vehicle
sales rose by almost 24 per cent in the first three quarters, driven by strong demand for saloon cars, according to figures from the China Association of Automobile Manufacturers.
Daily rental rates for an armored passenger vehicle
run from $140 to $475.
Applications that he was directly involved in developing include a glass-reinforced composite patch to reinforce a steel door panel on the Soarer passenger vehicle
in 1982, a sheet composite prepreg seat with an adhesive for oily surfaces for the Corolla (1983), a highly filled foam noise-suppression material for pillars on the Crown passenger car (1987), and a structural adhesive tape preform for the 1988 Mark II passenger vehicle
1) Although the number of Chinese passenger vehicle
sales is small relative to the world automobile market, the potential exists for rapid expansion driven by steady per capita income growth.
The last time passenger vehicle
sales grew was in December of 2000, when year-to-year sales were up 10.