| Samsung eyes 22 pc of Indian AC market this year
NEW DELHI: Korean consumer electronic major Samsung is gearing up for the upcoming summer with plans to corner about 22 per cent of the expected 2.25 million home air conditioners market in India.
Samsung India Electronics Pvt Ltd, the subsidiary of the Korean firm today announced its foray into the capacity segments like 0.8T and 1.6T in split ACs and 1.6T in window ACs by launching a new range comprising 10 different star rated AC models as part of its strategy.
"We expect our split AC volumes to grow from around 50 per cent contribution level witnessed last year to around 58 per cent of our total AC volumes this year," Samsung India Deputy Managing Director R Zutshi said in a statement.
The total AC market in India last year was around 1.8 million units, which is expected to cross over 2.25 million units by the end of this year.
Malibu Hybrid's minimal advantage isn't worth the cost
We have established that General Motors knows how to make a two-mode hybrid. Witness the Green Car of the Year, the Chevrolet Tahoe Hybrid, which utilizes a powerful electric motor in concert with an internal combustion engine. Still, GM continues to build its "mild" hybrids, using the belt-alternator-starter system, yielding in the Chevy Malibu a grand total of 2 mpg in city-highway fuel economy over the standard four-cylinder. This option costs a whopping $1,795 and could only be worthwhile if buyers put in for the $1,300 federal tax credit. To compare, a Toyota Camry Hybrid option costs $200 (over the four-cylinder XLE) and yields an increased fuel economy of 31 percent. .
Communication can stave off headaches on car repairs
When it comes to spending money, the expense that causes the most angst is cars. A review of the Better Business Bureau of Southern Colorado files found car dealers and repair shops were the most popular complaints in 2007, similar to the level they did the year before. Each month last year, they were among the top 10 complaints received. And according to BBBSC executive director Carol Odell, those complaints will remain a fact of life. "That will always be because that’s not a science," she said of car repair. "It’s hard to determine what’s really going wrong." Because cars are used daily, what’s fixed one day may break the next and not always be related to the last repair, she said. "When a consumer brings their vehicle in for one thing, there could be other problems," said Blair Reeves, director of operations with the BBBSC.
Councilor objects to DIA contractor
A Denver councilman raised objections Monday about a contractor scheduled to get $13.4 million in work at Denver International Airport, saying the company has violated the city's prevailing wage laws and does shoddy work. Councilman Chris Nevitt ended up voting to grant initial approval of the contract for RK Mechanical Inc. of Denver, but he blasted the contractor as having a bad record on the wage rules for city projects. The contract is to repair cooling towers used in the air-conditioning system at the airport. Nevitt said he would vote to grant initial approval to the contract because the work is crucial for the airport. There isn't enough time to seek another round of bids, he said. "It just sticks in my craw," said Nevitt, stressing that in the future, he wants the city to get more contractors interested in projects.
Industrial-space vacancy rises Valley records 6.2 percent rate in ...
Johnstone Supply workers from left, Corrine Conti, Antonio Moore, Mel Hathaway and Susan Sanders fill an order Tuesday. Johnstone, a distributor of heating and cooling equipment, took 130,000 square feet of industrial space at Cheyenne Industrial Center in North Las Vegas.
Photo by Marlene Karas/Review Journal.
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