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INAUTONEWS In Europe most of the automobile companies are cautious. Unemployment in the eurozone rose by 169000 in March, official figures showed Wednesday, taking the rate up to 10.9 percent — its highest level since the euro was launched in 1999.
Deccan Herald The first rate cut in the last three years effected by the Reserve Bank of India (RBI) in the benchmark lending rate by 50 basis points has evoked mixed reaction from the auto and realty sectors. Domestic automobile industry which struggled with a ...
Livemint Outlook: We believe long-term structural growth drivers of the Indian automobile industry such as gross domestic product (GDP) growth rate (leading to increasing affluence of rural and urban consumers), favourable demographics, low penetration levels, ... Myiris.com