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His Highness Harib bin Thuwaini bin Shihab Al-Said, Secretary General Assistant for Conferences at the General Secretariat for the Cabinet, formally inaugurated Motor Show 2008 yesterday, officially opening the biggest exhibition of the latest car models that are now available in the local market.
Ford Motor Company this morning submitted to Congress its comprehensive business plan, which details the company's plan to return to profitability and outlines a request for potential access to a temporary bridge loan in case the current economic crisis worsens or there is a bankruptcy of a major competitor.
In an attempt to boost sales in a depressed market, auto major Hyundai Motor India Thursday slashed prices of its cars by up to Rs.33,000, besides offering benefits like free insurance and exchange bonus.
