Raju may not chair Satyam board meet Dec 28, 2008
Prasad -- who, as Union heavy industry secretary in 1996, crossed swords with Suzuki over the Maruti issue and also functioned as Maruti Udyog Limited's chairman -- joined the Satyam board only in April 2007. Sources say that Prasad would be pushed into taking a more active role in Satyam's affairs, what with the company coming under close scrutiny from Sebi and the department of company affairs. (India Times, India -- Intl Business)
BUSINESS BRIEFS Dec 27, 2008
Japanese automakers may combine to form three large companies as a worsening global recession hurts vehicle demand, Osamu Suzuki, president of Suzuki Motor Corp., Japan's second-largest minicar maker, said in an inter view. "The crisis facing the US Big Three will hit Japan later, delayed like a tsunami, probably around July or August next year," Suzuki said. (New York Post -- Business)
Indo-Pak tensions pull down Sensex Dec 26, 2008
MUMBAI: Wary traders, who didn't want to carry positions ahead of a long weekend, turned sellers on Friday sending equities southward for the fourth consecutive day. Tension between India and Pakistan and lower advance tax payments helped bears dominate the ring. (India Times, India -- Intl Business)
Raju may not chair Satyam board meet Dec 26, 2008
Prasad -- who, as Union heavy industry secretary in 1996, crossed swords with Suzuki over the Maruti issue and also functioned as Maruti Udyog Limited's chairman -- joined the Satyam board only in April 2007. Sources say that Prasad would be pushed into taking a more active role in Satyam's affairs, what with the company coming under close scrutiny from Sebi and the department of company affairs. (India Times, India)
Suzuki Says Japan Carmakers May Merge Into Three Big Firms, Nikkei Reports Dec 25, 2008
Suzuki Says Japan Carmakers May Merge, Nikkei Reports (Update1) ... The crisis facing the U.S. Big Three will hit Japan later, delayed like a tsunami, probably around July or August next year, Suzuki said in the interview published today ... Suzuki slashed production 10 percent last month as demand at home and overseas declined. (Bloomberg -- Asia)
Sensex tank 112 pts on weak global cues Dec 25, 2008
Other major losers were Reliance Industries, RelCom, Reliance Infra, ICICI Bank, HDFC Bank, Grasim Industries, DLF Ltd, Larsen and Toubro, Sterlite Industries, Tata Steel, Tata Motors, Maruti Suzuki and Mahindra and Mahindra. Meanwhile, the Dow Jones Industrial Average yesterday closed 1. (India Times, India -- Intl Business)
Maruti mulls output cut Dec 25, 2008
NEW DELHI: Maruti Suzuki on Wednesday said it could look at a production cut if the sluggishness in car demand continued. "I hope not, but if we are obliged, then we will do it," Maruti Suzuki MD Shinzo Nakanishi said. (India Times, India -- Intl Business)
Slowdown: Maruti may cut production Dec 25, 2008
NEW DEHLI: The country's largest car maker, Maruti Suzuki, today said it may consider production cut if the market does not improve ... Maruti Suzuki India Managing Director Shinzo Nakanishi said that across the world there has been a slowdown in demand, including China, India and other BRIC countries. (India Times)
Chris Selley's Full Pundit: The best and worst of George W. Bush Dec 23, 2008
Last week, Lawrence Martin David Suzuki would be a good "offbeat" choice for a Conservative senator. Apparently mistaking this for a contest, the Vancouver Sun's Barbara Yaffe Harper appoint are you ready. (National Post)
Japan slips deeper into the mire Dec 22, 2008
JAPAN'S woes from the global financial crisis have deepened as figures show a record drop in exports and the Government says for the first time in nearly seven years the economy is getting worse. For November, Japan reported a trade deficit of Y223. (Sydney Morning Herald -- Business)
Gloomy economy fails to curb Green enthusiasm Dec 22, 2008
and concentrate on their jobs, says Peter Robinson, CEO of the Vancouver-based Suzuki Foundation ... In Vancouver, Robinson says the Suzuki Foundation wants Ottawa to ensure that any public investments in traditional industries should be tied to environmental goals. (Globe and Mail)
Toyota sees first operating loss Dec 22, 2008
" Toyota will postpone all projects to expand capacity, move 16 of its 75 global assembly lines to a single shift, and cancel directors' bonus payments for this year, among a wide range of steps aimed at improving near-term profitability, he said. Even the electric hand dryers at the company's Nagoya office building have been unplugged in an effort to cut costs. Watanabe stopped short of projecting what global car sales and earnings would do next year, saying only that Toyota hoped to return to... (Yahoo News -- Top Stories)
Japan's gloom deepens as exports suffer record drop Dec 22, 2008
by Miwa Suzuki Miwa Suzuki. Mon Dec 22, 1:29 am ET. (Yahoo News -- Top Stories)
2009 Equator: Suzuki's new pickup truck goes on sale by end of year Dec 20, 2008
Article:2009 Equator: Suzuki's new pickup truck goes on sale by:/c/a/2008/12/18/MTR7146TBU.DTL Article:2009 Equator: Suzuki's new pickup truck goes on sale by:/c/a/2008/12/18/MTR7146TBU.DTL ... For the first time ever Suzuki is entering the pickup truck market with the all-new 2009 Equator ... It makes sense for Suzuki to build a pickup truck. (San Francisco Chronicle)
There Are Too Many Car Companies Anyway Dec 20, 2008
Audi BMW Buick Cadillac Chevrolet Chrysler Corvette Dodge Ferrari Ford Honda Hummer Hyundai Infiniti Jaguar Jeep Kia Lamborghini Land Rover Lexus Lincoln Lotus Maserati Mazda Mercedes-Benz Mini Mitsubishi Nissan Pontiac Porsche Saab Saturn Scion Smart Subaru Suzuki Tesla Toyota Volkswagen Volvo ... Buick Chevrolet Chrysler Dodge Ford Honda Hyundai Kia Mazda Nissan Pontiac Saab Suzuki Saturn Toyota Volkswagen. (Forbes)
Bargain on paper Dec 20, 2008
Yet if we were bargain hunting, it'd be hard to look past the Suzuki Swift. Digg | | | | | | Copyright 2002-2008 iafrica. (iAfrica.com)
Nifty tests 3100; Unitech, DLF surge Dec 19, 2008
80%), M8%), Maruti Suzuki (5. 68%) and Suzlon (5. (India Times)
Ferrari to sport Tata brand on F1 track Dec 18, 2008
The timing of the deal has many guessing though, coming in the present economic downturn, with Honda having exited F1 and Suzuki and Subaru having pulled out from the World Rally Championship. However what everyone has to realise that all three Japanese OEMs have never achieved any worthwhile successes on the race tracks in this decade while Ferrari have kept on winning unabated with Michael Schumacher, Kimi Raikkonen and Felippe Massa for the last eight years. (India Times, India -- Intl Business)
The Senate needs a shot of star power – and here's the list Dec 18, 2008
David Suzuki: So as not to be entirely partisan and predictable, prime ministers occasionally go outside party boundaries for their Senate choices ... The Senate could use a green tribune, and Mr. Suzuki would be the right one. (Globe and Mail -- Business)
Iconic Subaru quits world rally championship Dec 17, 2008
Sudden decision comes hard on heels of withdrawal of rivals Suzuki ... Subaru's withdrawal comes just a day after rivals Suzuki pulled out of rallying's premier competition, which has lost one-third of its constructors this week as the global economic downturn bites. (CNN -- International)
Nissan to Cut Output by 78000 Vehicles From January Dec 17, 2008
Suzuki 246,000 600 contract workers Worldwide by March 31. Mitsubishi 110,000 1,100 seasonal and Worldwide contract workers by March 31. (Bloomberg)
Now cricket feels squeeze as sponsors take flight from sport Dec 17, 2008
The decision not to renew the current 4m-a-year deal in 2010 follows Honda's withdrawal from formula one and the ending of the Subaru and Suzuki teams' interests in the world rally championship. Subaru's decision, also announced yesterday after 20 years competing in the WRC, came as a sickening blow to the sport which now has just two manufacturers, Ford and Citro n, in its flagship event. (guardian.co.uk)
Subaru join Suzuki in pulling out of WRC Dec 17, 2008
Subaru joins fellow Japanese automaker Suzuki Motor Corp, which announced their exit a day earlier. Their exit leaves just world champions Citroen, owned by PSA Peugeot Citroen, and cash-strapped Ford Motor Co chasing the manufacturers title next year. (The Star Online, Malaysia -- Sports)
Nissan to cut production at factories in Japan Dec 17, 2008
Other Japanese carmakers such as Toyota and Suzuki have also cut production and temporary workers. In your voice. (The Clarion-Ledger)
Ford backs World Rally despite financial crisis Dec 17, 2008
Ford will not follow Japanese automakers Subaru and Suzuki out of the World Rally Championship because of the global economic crisis, the U.S. car company said Wednesday. The departures of Subaru and Suzuki leave Citroen and Ford as the only manufacturers in the competition next season. (International Herald Tribune -- Arts)
Suzuki quits World Rally scene as sales dip Dec 16, 2008
Suzuki Motor Corporation pulls out of 2009 FIA World Rally Championship ... Suzuki move comes 10 days after Honda pulled its team out of Formula One ... TOKYO, Japan (AP) -- Japanese carmaker Suzuki Motor Corporation has pulled out of next year's FIA World Rally Championship citing a drop in sales due to the global financial crisis. (CNN -- International)
Subaru to brief on motorsports activities Dec 16, 2008
A day earlier, fellow Japanese carmaker Suzuki announced it would pull out of the world rally championship to save money and weather a global economic crisis that has battered car demand. (Reporting by Chang-Ran Kim; Editing by Martin Petty). (International Herald Tribune)
Motorcycle thief sought in Honolulu Dec 16, 2008
Honolulu CrimeStoppers recently released a surveillance photo of the suspect, who stole a 2005 blue-and-white Suzuki motorcycle with Hawai'i license No. 508XGU, on Nov. 11 from a building complex parking lot at 2525 Date St. in the Ala Wai /McCully area. The theft occurred at 10:50 p.m. The thief loaded the stolen motorcycle onto a white four-door truck with an extended cab. (Honolulu Advertiser)
Suzuki pulls out of World Rally Championship Dec 16, 2008
Japanese automaker Suzuki Motor Corporation has pulled out of next year's FIA World Rally Championship citing a drop in sales due to the global financial crisis. The Suzuki decision was released in a statement Monday, 10 days after Honda, another major Japanese car manufacturer, pulled its team out of Formula One ... "In responding to the contraction of the automotive sales caused by recent global economic turmoil, Suzuki has been promptly taking possible countermeasures," Suzuki said in a... (International Herald Tribune -- Sports)
Ford F-150 named Motor Trend Truck of the Year Dec 16, 2008
The other contenders were the Dodge Ram 1500, Suzuki Equator and the Hummer H3T. To be eligible, a vehicle must be totally new or redesigned, and released in the 12 months before Jan. 1, 2009. Ford claims it sells more of its half-ton pickups to work and commercial customers than its competitors, and the company predicts this segment will grow to 45 percent of F-150 sales. (Fresno Bee -- Business)
Tighter credit driving auto ind lower: Maruti Suzuki Dec 15, 2008
" According to him, tighter credit availability is slowing the economy and driving auto industry lower. "It is inevitable that the global auto industry will slowdown in the current crisis. Financing issues too continue to drag sales downwards. (Moneycontrol.com)
Suzuki pull out of world championship due credit crunch Dec 15, 2008
Suzuki have pulled out of the world rally championship due to the global economic crisis, the team said in a statement on Monday. The Japanese manufacturer said its decision was in response "to the contraction of the automotive sales caused by recent global economic turmoil.". (International Herald Tribune)
2009 BMW 335d First Impressions Dec 14, 2008
Jeep (11 photos) Subaru (10 photos) BMW (13 photos) Mercedes (7 photos) Volkswagen (33 photos) (16 photos) Mazda (16 photos) Nissan (18 photos) Audi (7 photos) (18 photos) Cadillac (20 photos) Kia (46 photos) Saab (20 photos) Volvo (14 photos) Suzuki (32 photos). This Week's Popular News & Events. (Auto123)
25 winters ago, M-800 was born Dec 13, 2008
But, what's amazing is the fact that Maruti and Suzuki offered a single overhead camshaft engine when everybody else had push-rod actuated overhead valves; even newer rivals like Ford, who came in the early 1990s, had archaic technology. Constant technological upgradation of components not only helped masses of car buyers freak out with fuel-efficient, zippy and very reliable Suzukis, the Indian component industry got a massive shot in the arms as MUL's localisation juggernaut rolled along ...... (India Times, India -- Intl Business)
We Forget Too Quickly . . . Dec 13, 2008
Audi, BMW, Daewoo, Fiat, Honda, Isuzu, Mitsubishi, Nissan, Porsche, Subaru, Suzuki and Toyota gave nothing, according to the report. We can be quick to judge, forgetful of good acts, critical and nasty in our remarks, and even wrong in some of our assumptions. (Missourian Publishing, MO)
Porsche will skip Toronto auto show Dec 13, 2008
Mitsubishi, Land Rover, Rolls-Royce and Suzuki will also skip the Detroit show next month as automakers trim their budgets in a difficult economy. (). (Globe and Mail -- Business)
Asian Markets Plunge After Car Bailout Fails Dec 12, 2008
Other automakers -- Isuzu Motors (ISUZY), Mazda Motor Corp. (MZDAY), Nissan Motor Co. (NSANY) and Suzuki Motor Corp. (7269. TO) --followed suit, plunging more than 10. (SmartMoney)
Jaguar XF: The Cat Is Back Dec 12, 2008
Automotive News magazine estimates the combined U.S. sales of all Jaguar and Land Rover models in November at a mere 3,220, about the same as Suzuki. It's a shame Jaguar is languishing because the new '09 Jaguar XF is one of the finest luxury sport cars I've ever driven. (BusinessWeek)
Car sales fall 19%, worst in 8 years Dec 11, 2008
Maruti Suzuki, the largest car maker, has posted a 36% drop in car sales to 43,258 vehicles while Hyundai Motors has reported a 23% fall to 14,601 vehicles. The slowdown has forced automakers to cut production to adjust with the market conditions. (India Times)
Yen rises against dollar, euro Dec 11, 2008
"The dollar is weighed down by Japanese exporters' repatriation" of funds, said Yoshifumi Suzuki, currency dealer at Hachijuni Bank ... "There is little appetite for risk-taking in the market," Suzuki said. (India Times)
Frugality an everyday companion as recession hits Japan Dec 11, 2008
Asuka Suzuki, 27, who lives with her husband on the northern island of Hokkaido, says keeping monthly food spending to 19,000 a month, about a third of the national average for two people, requires meticulous planning and discipline. "I do sometimes feel a bit down because I can't buy clothes, go traveling or take up any expensive hobbies," Suzuki wrote in an e-mail exchange ... Suzuki is just one of the hundreds of housewives featured in "Sutekina Okusan," or "Lovely Wife," a monthly magazine... (International Herald Tribune)
Auto companies slash tags Dec 10, 2008
NEW DELHI: After Maruti Suzuki, Hyundai and Toyota, it's the time for Ford India, Honda Siel Cars India and Hindustan Motors to cut prices following the 4% reduction in advalorem cenvat rates by the government on Sunday. Ford has cut prices of its model by around 3% of their showroom price. (India Times, India -- Intl Business)
Nifty holds 2800; IT, metals in demand Dec 10, 2008
14%), Maruti Suzuki (1. 44%) and State Bank of India (0. (India Times)
Interactive: CompleteDecision '08 results and data Dec 9, 2008
Politics - Political News & Updates- msnbc. updated 6:11 p.m. ET Dec. 8, 2008 powered by NBC News v. (MSNBC -- Politics)
FIs neutralise mkt feel-good rally Dec 9, 2008
Car maker Maruti Suzuki has also reduced prices of all its models after government reduced CENVAT for all cars by 4. The stock gained 1. (India Times)
American carsfight perceptionof lower quality Dec 8, 2008
Front page news - newsjournalonline. MONDAY, DECEMBER 8, 2008. (Daytona Beach News Journal)
Auto shares surge on Govt's fiscal stimulus Dec 8, 2008
Car maker Maruti Suzuki surged to a high of Rs 523. 40, up 6. (Hindu)
India Inc. hails package, but expects much more Dec 8, 2008
Automobile major Maruti Suzuki announced that it would pass on the benefit of 4 per cent duty cut to consumers. FICCI secretary-general Amit Mitra said the package had enough punch to re-start the overall economic activity. (Hindu)
Banking, infra, oil lend support to mkts; RIL, Infy surge Dec 8, 2008
Auto stocks like M&M, Hero Honda, Tata Motors and Maruti Suzuki rose 2. 6-5. (Moneycontrol.com)
Small-cap, mid-cap stocks outperform the market Dec 7, 2008
India's largest car maker by sales Maruti Suzuki India declined 8. 50 per cent to Rs 490. (NDTV.com)
Carmakers offer discounts to clear stocks at retail end Dec 6, 2008
Maruti Suzuki, for example, has almost doubled the concession on Wagon R and M-800 ... Maruti Suzuki saw domestic sales fall by 27 per cent, Hyundai by 23 per cent and Mahindra by 12 per cent on its Logan. (Hindu Business Line)
The Pekan connection Dec 6, 2008
Across the road that cuts through the DRB-HICOM complex, the HICOM Automotive Manufacturers (Malaysia) Sdn Bhd (AMM) facility houses the assembly lines for Suzuki cars, including local best-seller the Swift 1. 5 litre model. (The Star Online, Malaysia -- Business)
Uncle Sam needs to go shopping. Not us (86) Dec 4, 2008
Letters: Uncle Sam needs to go shopping. Thursday, Dec 4, 2008. (Salon)
Cycle World International Motorcycle Show(R) Presented to Feature U.S. Debuts From BMW, Ducati, Harley-Davidson, Kawasaki, Suzuki, Vectrix, Yamaha and More At Media Day - Friday, December 5 Dec 3, 2008
Dec. 2 /PRNewswire/ -- BMW, Ducati, Harley-Davidson, Kawasaki, KYMCO, Star, Suzuki, Vectrix, Yamaha and more are set to unveil new bikes at the upcoming Cycle World International Motorcycle Show(R) presented by Toyota ... MEDIA DAY SCHEDULE: Media Registration begins in Long Beach Convention Center Lobby -- 10:30 a.m. Motorcycle Industry Council to preview its 2008 Owner Survey, the "census of motorcycling." Ducati -- U.S. debut of the revolutionary Streetfighter; along with the new Ducati 1198... (PR Newswire)
US woes hit Canada Dec 3, 2008
7 per cent. Meanwhile, second-tier brands Subaru and Suzuki were up 18. 5 per cent and 16. (Windsor Star)
Manufacturing Companies Reassess India Risks After Mumbai Attacks Dec 3, 2008
Declining sales led Ltd., Maruti Suzuki India Ltd., Ashok Leyland Ltd. and other auto makers to cut production to reduce inventories. Steel producers such as Tata Steel Ltd. and JSW Steel Ltd. have also announced cuts in production as the global economic slowdown widens its grip. (Wall Street Journal)
Globe readers nominate David Suzuki Dec 3, 2008
com: David Suzuki, a tireless green crusader ... David Suzuki, a tireless green crusader ... Today, you have suggested environmental activist David Suzuki. (Globe and Mail)
David Suzuki, a tireless green crusader Dec 3, 2008
Today, you have suggested environmental activist David Suzuki ... Jeffrey Poulin from Calgary, Canada writes: I would like to propose Davis Suzuki, a Canadian who has worked tirelessly all his life representing a cause which fell on so many deaf ears for so long, but which he knew in the end would ultimately become a motherhood issue for the nation, one that would draw us together in a movement of social change ... Lee C from Canada writes: David Suzuki - What a tireless and giving soul. (Globe and Mail -- Business)
EDIT: Don't Panic Dec 3, 2008
Sales of cars and two-wheelers slid massively, with market leader Maruti Suzuki registering a 27 per cent fall in domestic sales. Recently, some auto majors had announced production cuts or closure of plants. (India Times, India)
Maruti Suzuki India touches 52-week low Dec 2, 2008
Messages on Maruti Suzuki ... What's the Buzz on Maruti Suzuki. (Moneycontrol.com)
Nifty firm above 2800;Unitech, Dr Reddys lead Dec 1, 2008
Shares of auto major, Maruti Suzuki, took a beating Monday after the automaker posted dismal sales for the month of November. Maruti Suzuki registered 24. (India Times)
Sensex moves higher;JP Asso, TCS top gainers Dec 1, 2008
02%), Maruti Suzuki (-4. 05%) and HDFC (-0. (India Times)
Japan's Asada wins at NHK Trophy Dec 1, 2008
13 points, comfortably ahead of compatriot Akiko Suzuki who was second with 167 ... Akiko Suzuki, Japan, 167. (International Herald Tribune -- Sports)
* Ottawa sets assistance deadline Nov 30, 2008
02 percent stake in Suzuki Motor Corp for US$230 million. The company is burning through cash more rapidly than it is making money, and may be at its minimum cash levels by the end of the year. (Taipei Times, Taiwan -- World)
Suzuki to lay off 1,200 jobs Nov 29, 2008
Suzuki to lay off 1,200 people at Hungarian plant- International Business-News-The Economic Times ... Suzuki to lay off 1,200 people at Hungarian plant28 Nov 2008, 2005 hrs IST, AGENCIES ... BUDAPEST: Japanese car manufacturer Suzuki announced Friday that it would lay off 1,200 people, or almost a fifth of its workforce, at its plant in Esztergom, northwest of Budapest. (India Times)
