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Aluminum Seen Winning Ground Over Steel, Copper

Aluminum demand is strong despite record-high inventories of the metal, and will be further buoyed in coming years by increased usage in the automotive and aerospace industries, where it is winning ground over steel and copper in a bid to lightweight vehicles and products, participants at CRU's World Aluminum congress in London said."Demand's a great story," said Tim Reyes, president, Alcoa Materials Management, part of aluminum producer Alcoa Inc. (AA), which is investing heavily in expanding its rolling and processing facilities, even while considering cuts to its primary metal production capacity amid global oversupply. Processor Aleris International Inc. and smelting and processing group Hindalco Industries Ltd. (500440.BY) of India are also investing in downstream production capacity in a bid to meet demand which is expected to grow eightfold in the next decade in segments such as autobody sheet.Global consumption of aluminum is expected to continue growing for three to four years...

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  1. Jaguar Land Rover Posts Slower February Sales Growth

    Jaguar Land Rover PLC, the luxury-car maker owned by India's Tata Motors Ltd. (TTM), Tuesday posted a 3% increase in its February vehicle sales, which slowed sharply...

  2. Jaguar to decide on global footprint after China plant opens

    Jaguar Land Rover will not expand its overseas production capacity until its new China factory comes online, its CEO said on Tuesday, and will target growing demand ...

  3. Jaguar Land Rover to Boost UK Engine Plant Investment

    Jaguar Land Rover PLC, the luxury car unit of Tata Motors Ltd. (TTM), will augment its investment in a U.K. engine manufacturing center by 145 million pounds ($219 m...

  4. Jaguar Land Rover to Increase Investment in UK Engine Plant

    Jaguar Land Rover PLC, the luxury-car unit of India's Tata Motors Ltd. (TTM), will increase its investment in a U.K. engine-manufacturing center by 145 million pound...

  5. Jaguar Land Rover to lift investment at UK engine plant

    Luxury car maker Jaguar Land Rover plans to increase investment at its UK engine plant and double employment at the site to around 1,400, its chief executive said on...

  6. Jaguar Land Rover Considering Manufacturing Cars In India - Source

    Jaguar Land Rover, Tata Motors Ltd.'s (TTM) British luxury car making unit, is considering manufacturing vehicles in India.JLR is looking at options to build its car...

  7. Jaguar Land Rover Introduces XJ Ultimate in India

    Jaguar Land Rover PLC., the luxury-car unit of Tata Motors Ltd. (500570.BY), Tuesday introduced its XJ Ultimate sedan in India at prices ranging from 17.82 million r...

  8. Hyundai Motor Banks on Premium Vehicles

    South Korea's Hyundai Motor Co. (005380.SE) aims to sell more premium vehicles in overseas markets like China and the U.S. to beat sluggish domestic demand and a ris...

  9. Tata Motors Posts Lower Net Profit

    Tata Motors Ltd. (TTM) Thursday said its consolidated quarterly net profit plunged 52% from a year earlier, as a slowdown in India's automobile market pushed its loc...

  10. Tata Motors 3Q Profit Falls 52% on Slowdown in India Market

    Tata Motors Ltd. (500570.BY), India's largest vehicle maker by sales, said Thursday its consolidated net profit for the fiscal third quarter dropped 52% from a year ...

  11. Lexus Tops in Car-Quality Survey; Cadillac Drops

    Issues with long-term automotive quality significantly affect consumer choice with most buyers choosing to switch brands on their next purchase if they experience ev...

  12. Lexus leads as auto industry quality better than ever: survey

    Toyota Motor Corp's <7203.T> luxury brand Lexus topped a U.S. vehicle dependability study of owners of 3-year-old cars and trucks as model-year 2010 vehicles improve...

  1. Tata Motors Global Vehicle Sales Fall for Sixth Straight Month

    Tata Motors Ltd. (500570.BY) said Wednesday its global vehicle sales dropped for the sixth straight month in April as weak demand in India offset robust sales at its...

  2. Travel Like a Royal -- Stay in a Castle Hotel!

    Feel like a royal, even if you aren't oneIf the classic castles that serve as the backdrop on TV shows such as "Downton Abbey" get your heart racing, you're in luck....

  3. Analysis: Britain's ills on display in rising car sales

    One of Britain's few economic bright spots - a 13-month run of increased car sales - may actually say more about the country's ills than it does about its growth pro...

  4. BMW Starts Production of Mini Small Car in India

    Bayerische Motoren Werke AG (BMW.AG) has started assembling the Mini in India as part of its strategy to sell the premium small car at lower prices and expand its sa...

  5. ADR Shares End Higher, Helped by Jump in Chinese Imports

    International companies trading in New York closed higher Wednesday amid strong economic data abroad.The Bank of New York index of American depositary receipts jumpe...

  6. Jaguar Land Rover March Global Sales 53,772 Vehicles, Up 16%

    Jaguar Land Rover PLC, the U.K.-based luxury-vehicle unit of Tata Motors Ltd. (500570.BY), Wednesday said its global sales in March rose 16% from a year earlier to 5...

  7. Jaguar Land Rover Denies Report About $1 Billion Fundraising

    Jaguar Land Rover, which is owned by India's Tata Motors Ltd. (TTM), on Sunday strongly denied it is preparing to raise $1 billion from Chinese investors with a bond...

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