Word: toed
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Dates: during 2000-2009
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India's government has been encouraging automakers to build cars in India to avoid high import levies of up to 120% and to minimize production costs. Volkswagen, for example, plans to increase sourcing parts locally from 50% currently to 80% in the next two years, according to Joerg Mueller, head...
As car buyers worldwide shift away from gas-guzzlers to smaller vehicles, India appears destined to become a hub for manufacturing small cars for export, says Shekhar Vishwanathan, deputy managing director for Toyota in India. Toyota has designed a new small car for India, which is slated to start rolling...
But some are concerned about the impact on the environment as millions of new drivers try to merge with India's already overtaxed road networks. "There have been concerns," says Darius Lam, assistant editor at Autocar Professional, a Mumbai-based trade publication. But the latest generation of vehicles will meet...
Having concluded that President Obama's outreach has failed to halt Iran's nuclear program, the final weeks of 2009 find his Administration focused on mustering support for new sanctions against the Islamic Republic. Iran's rejection of the terms offered thus far by the U.S. and its partners has...
Obama campaigned for the presidency promising a game-changing diplomatic outreach, noting that President Bush's efforts had failed to prevent Iran from achieving a capacity to enrich uranium. But, under pressure at home and abroad from skeptics of engagement who insist that Iran is drawing perilously close to nuclear...