Auto Sector

Audi working on "green" traffic control of the future

Ingolstadt, Germany - Audi is working on a "green" traffic management system of the future that will make it possible to drive in a city without having to stop at traffic lights.

After two years of research, the car maker announced the pilot project in cooperation with the city of Ingolstadt and the department of traffic engineering at the Technical University of Munich.

The system has already been implemented at 46 traffic lights in Ingolstadt. Software optimizes the entire network of traffic lights, significantly reducing the duration of stopping times for cars.

Thailand's auto exports up 26 per cent

Bangkok  - Thailand's automobile exports during the first half of 2008 increased 26 per cent, earning the kingdom 174.8 billion baht (5.2 billion dollars), industry sources disclosed on Tuesday.

During the January to June period, Thailand exported 385,870 pickup trucks and passenger cars, a 26 per cent increase over the same period last year, said Surapong Paisithpatanapong, spokesman for the Auto Club of the Thai Federation of Industries.

Thailand's main export markets for vehicles include Australia, New Zealand, Japan, the Middle East and Europe.

Japan's automakers see domestic sales decline

Tokyo - Japan's automakers posted declines in domestic sales and increases in exports in the first six months of 2008, attributing the falls to surging oil prices and stronger exports to rising demand in other Asian nations, mainly China.

Toyota Motor Corp and its subsidiaries, Daihatsu Motor Co and Hino Motors Ltd, saw a 1.7-per-cent drop in sales in Japan in the January-June period to 1.18 million units, compared with the same period last year.

The company's exports, however, grew 3.6 per cent to 1.47 million units.

Its global production rose 5.8 per cent to 4.98 million units.

M&M successfully raises Rs 700 crore through FCDs

Tata considering to enter top end luxury car market, report says

London - India's Tata Motors groupIndia's Tata Motors group, which owns British luxury car maker Jaguar and Land Rover, has said it plans to revive the super-luxury Daimler brand to appeal to wealthy customers from Asia, Russia and the Middle East.

Ratan Tata, head of the Indian conglomerate, has told investors of his plan to resurrect the Daimler marque in direct competition with luxury brands Bentley and Rolls-Royce, Britain's Times newspaper reported Monday.

Tata had earmarked 1 billion pounds (2 billion dollars) to develop new models at its British-based manufacturers, the report said.

Maruti Suzuki To Launch New M800 ‘Uniq’

To strengthen its oldest popular model Maruti 800 (M800), India’s giant car Maruti Suzuki To Launch New M800 ‘Uniq’manufacturer Maruti Suzuki is proposing to roll out ‘Maruti 800 Uniq’ in the Indian market.

The new Maruti 800 `Uniq` is an advanced version, which comes equipped with a range of new features including body graphics, all new beige upholstery, trendy door trims with fabric patch, smart lower console box, rear package tray, stylish dome decal to draw young consumers.

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