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FAW Toyota may introduce new self-branded electric carFeb. 15 , 2011
Auto firms worried over Egypt crisis; Exports hit
The Economic Times (New Dehli) - The political crisis in Egypt has raised worries for the Indian auto companies. Egypt, one of the largest market in West Asia for Indian automakers, has been hit as the full-blown political crisis has dried the market temporarily for Maruti, Hyundai Motor, Bajaj Auto and other major players, affecting their export orders. Maruti Suzuki has said that its exports to Egypt, which accounts for 3% of its overseas sales, would be directly impacted by the political unrest.
Feb. 14 , 2011