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HTC strengthens management team in preparation for future growth
HTC Corporation, a global leader in mobile phone innovation and design, today announced a series of executive promotions and newly created management positions focused on building a stronger foundation for future growth.
Porsche develops research cars with electric drive
In the test process, these three electric Boxsters are to provide an initial first important insight into new electric drive components and battery systems for all-electric vehicle drive. This field test intended to also provide further findings on the infrastructure required for electromobility, user behaviour and the demands made of future products, is to start in early 2011.
Tata Motors July sales up 62% at 67,799 nos
The passenger vehicles business reported a total sale and distribution offtake of 30,165 nos. (27,864 Tata + 2,301 Fiat) in the domestic market in July 2010, a 52% increase compared to 19,881 nos. (17,191 Tata + 2,690 Fiat) in July last year. Sales of Tata passenger vehicles at 27,864 nos. 
Volkswagen H1 sales revenue up 20.7% to €61.8 billion
Operating profit rose to €2.8 billion (€1.2 billion) on the back of a 20.7 percent increase in sales revenue to €61.8 billion (€51.2 billion). This figure does not include the operating profit of €804 million (€294 million) attributable to Volkswagen from the joint ventures in China. Europe’s largest automobile manufacturer more than tripled its profit before tax, which amounted to €2.6 billion (€0.8 billion) after the first six months.
LG officially launches Optimus Z SU950/KU9500 in Korea
With the 1GHz Qualcomm Snapdragon at its core, Optimus Z is being launched with Android OS 2.1 with the option to upgrade to Version 2.2 before the end of the year. Advanced multimedia options include 3.5 inch WVGA “Hyper” HD LCD (800 x 480 pixels), Korea-specific T-DMB mobile TV, 5 MP camera, Dolby Mobile and DivX compatibility.
M&M Q1 net profit up 40%
The Gross Revenues and Other Income of Mahindra & Mahindra Ltd. for the quarter ended 30th June 2010 is Rs.5663.5 crores as against Rs.4711.8 crores during the corresponding period last year – a growth of 20.2%. Profit after tax for the current quarter is Rs. 562.4 crores as against Rs. 400.9 crores Q1 last year – a growth of 40.3%. 
Nissan global vehicle sales up 32%
Nissan Motor Co., Ltd. announced net income of 106.6 billion yen (US $ 1.16 billion, euro 910 million) for the first quarter of fiscal year 2010, ending March 31, 2011, compared to a net loss of 16.5 billion yen (US $180 million, euro 140 million) from the same period a year ago.
Spice Mobile launches stylish M-6 Sports phone in India
The M-6 Sports has been priced at a very reasonable Rs. 4499/- with many pre-embedded features including Sports, Social Networking and Java Applications. The phone has a dedicated “Sports Zone” which has applications such as Yahoo Sports, Yahoo Tennis, Yahoo Formula 1. The phone has a strong built and a rugged look and feel.
Hyundai India registers 24.2% growth in July
Hyundai’s total sales for July, 2010 stood at 50,411 units as against 45,539 units in July, 2009 registering a 10.7% cumulative growth over the same period last year. The domestic sales accounted for 28,811 units as against 23,193 units in July, 2009 while the exports declined by 3.3% from 22,346 units in July, 2009 to 21,600 units in July, 2010.
Infibeam Launches Infibeam.us To Cater To Shoppers From US & Canada
Infibeam expands international by launching Infibeam.us. The website carries an impressive catalog of branded and ethnic items from India to cater to Shoppers from USA and Canada.
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