Bangkok - Rapidly sliding global demand is expected to cut Thai automobile production by more than 35 per cent next year, said a report Saturday.

The number of vehicles produced could drop from 1.4 million this year to less than 1 million, if domestic sales fall 10 per cent and exports crash 50 per cent, Wallop Taisiri, director of the Thailand Automotive Institute, was quoted as saying by the Bangkok Post.

Thousands of workers have already lost jobs and more are at risk, the report said.

Auto makers may extend production cuts in the wake of the severity of global financial crisis and slowdown in the coming times. Both commercial and passenger vehicle segments reported decline in the month of November and auto sector growth rate may further decline as per reports.

New Delhi, Dec 25 : Chairman of Maruti Suzuki India Ltd. R C Bhargava has said that sales of automobiles have not picked up due to lack of easy loans from Banks.

Talking to reporters during a National Road Safety Mission programme here on Wednesday, Bhargava said, "It''s not about loans being cheap, till the time these loans won''t be available easily, automobile sector will have problems, lot of loan applications are getting cancelled. There are many banks which are not ready to provide loans, to the customers, who want to buy cars."

Soon we would see a Volvo which would drive on its own and at the same time it would be coming up with the first ever "accident-proof car". The motions would be controlled by the car as it drives through the traffic using radar to control the distance.

At the Detroit motor show next month, the Swedish manufacturer is to make a proud presentation of Volvo S60, with automatic brakes. By 2010, it will hit he roads.

Los Angeles  - Days after a burglar broke into the house of Paris Hilton and stole 2 million dollars worth of jewels, the socialite and hotel heiress has consoled herself by splashing out on a radical pink Bentley.

Country’s largest car maker company, Maruti Suzuki India Ltd, has said that it expects to commence the shipping of its A-star small car to Nissan from February-March for sale in Europe.

However, Maruti Suzuki India Managing Director, Shinzo Nakanishi said that the company was yet to agree on the exact number of cars it would supply to Nissan.

Nakanishi also indicated that if the market condition does not improve then the company may consider production cut.