Henry's Feed
Mar 27, 2013

Fiat bets on SUVs and sporty cars in India reboot

MUMBAI/MILAN (Reuters) – Go specialist and go alone. That’s Fiat SpA’s (FIA.MI: Quote, Profile, Research, Stock Buzz) new mantra for India as the Italian carmaker tries, once again, to crack the world’s seventh-largest car market.

Fiat, one of the first Western carmakers to enter India but now the worst performing, opens a new, fully-owned 57-dealer network on April 1, hoping to attract more of the 1.2 billion people in the world’s second most populous country.

Mar 6, 2013

East meets West in Qoros’ European car market venture

GENEVA, March 6 (Reuters) – Have you heard the one about the
Israeli billionaire, the German designer and the Chinese
automaker?

For Qoros, the Chinese-Israeli carmaker making a play for
Europe, its global roots are no joke. They’re its calling card.

Mar 6, 2013

Hyundai weighs Europe counter-attack to outpace cautious rivals

GENEVA, March 6 (Reuters) – Hyundai Motor Co is
considering bigger investment in Europe despite a bleak demand
outlook, a senior executive said on Wednesday, considering a
sales push next year to boost market share as rivals tighten
their belts.

Hyundai has doubled its share of Europe’s car market over
the past five years, but now faces an industry-wide slowdown in
sales.

Mar 5, 2013

Jaguar to decide on global footprint after China plant

GENEVA (Reuters) – Jaguar Land Rover TAMOJL.UL will not expand its overseas production capacity until its new China factory comes online, its CEO said on Tuesday, and will target growing demand in markets such as Turkey to continue round-the-clock manufacturing in the UK.

JLR has ridden a huge boom in emerging market demand to post record profits in recent quarters, and is building its first overseas factory in China, its largest market, while exploring other opportunities in Saudi Arabia and India.

Mar 5, 2013

Jaguar to decide on global footprint after China plant opens

GENEVA (Reuters) – Jaguar Land Rover TAMOJL.UL will not expand its overseas production capacity until its new China factory comes online, its CEO said on Tuesday, and will target growing demand in markets such as Turkey to continue round-the-clock manufacturing in the UK.

JLR has ridden a huge boom in emerging market demand to post record profits in recent quarters, and is building its first overseas factory in China, its largest market, while exploring other opportunities in Saudi Arabia and India.

Mar 5, 2013

M&M to help South Korea’s Ssangyong return to profit in 2015

GENEVA (Reuters) – South Korean car maker Ssangyong Motor Co (003620.KS: Quote, Profile, Research) expects to return to profitability in 2015, its chief executive said on Tuesday, with the financial clout of its Indian parent helping it to update its product line.

Ssangyong, which Mahindra & Mahindra (MAHM.NS: Quote, Profile, Research) rescued from bankruptcy in 2011, will receive a $73 million capital injection from the Indian company this year, as it looks to launch its next-generation X100 sports utility vehicle (SUV) in early 2015.

Mar 5, 2013

South Korea’s Ssangyong expects return to profit in 2015 – CEO

GENEVA, March 5 (Reuters) – South Korean car maker Ssangyong
Motor Co expects to return to profitability in 2015,
its chief executive said on Tuesday, with the financial clout of
its Indian parent helping it to update its product line.

Ssangyong, which Mahindra & Mahindra rescued from
bankruptcy in 2011, will receive a $73 million capital injection
from the Indian company this year, as it looks to launch its
next-generation X100 sports utility vehicle (SUV) in early 2015.

Mar 2, 2013

Exclusive: Jaguar Land Rover studying full production in India: sources

MUMBAI/LONDON (Reuters) – Jaguar Land Rover (JLR) is investigating the potential of manufacturing cars in India, company sources said, as the British luxury carmaker looks to build on its growth in emerging markets with the help of Indian parent Tata Motors.

JLR, which has ridden a wave of surging demand in China and other emerging markets to post record profits over the past year, is “actively exploring the possibility” of building cars from scratch in India, said one company source.

Mar 2, 2013

Jaguar Land Rover studying full production in India-sources

MUMBAI/LONDON, March 2 (Reuters) – Jaguar Land Rover (JLR)
is investigating the potential of manufacturing cars in India,
company sources said, as the British luxury carmaker looks to
build on its growth in emerging markets with the help of Indian
parent Tata Motors.

JLR, which has ridden a wave of surging demand
in China and other emerging markets to post record profits over
the past year, is “actively exploring the possibility” of
building cars from scratch in India, said one company source.

Feb 21, 2013

Book Talk: Nadeem Aslam’s ‘The Blind Man’s Garden’

JAIPUR, India, Feb 21 (Reuters) – Born in Pakistan and
raised in Britain, Nadeem Aslam’s writing, drawn from a life
lived with one foot in the war on terror in his birthplace and
neighbouring Afghanistan, has made him one of South Asia’s most
celebrated writers.

In his new novel, “The Blind Man’s Garden,” Aslam again
returns to those countries in the months after the Sept. 11
attacks, to portray the terror that gripped a region that was
blind to the forces behind the turmoil.