The South Korea’s second largest car maker Kia Motors is muscling its strength in India by installing a manufacturing unit. Kia is jointly owned by Hyundai, the foremost car maker of South Korea. Kia will roll down hatchbacks, entry-level sedans, compact cars followed by compact SUVs. Kia is synoRead More..
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The implementation of BS –IV norms has not spared M&M from hiking the price of utility vehicles. This is in addition to the impact of the fuel price; the flagship sports utility Scorpio gets the increase of Rs10300 –Rs17500, while Bolero to cost more by Rs26100. The sensational Xylo would cost aRead More..
Mahindra & Mahindra, the number one SUV manufacturer of India has inaugurated its new manufacturing home at Chakan, auto hub of Maharashtra. What more than inviting the first person, Chief Minister of the state for the opening ceremony. The new Chakan plant of Mahindra, a Rs.5000 crore investmentRead More..
Despite the speculations over the JV with Renault, M&M is eying on the banks of two wheeler segment. 2010 will be a brisk year for M&M, said its chairman and MD. A firm decision on the entry of two wheelers and the continued JV with Renault (for promoting Logan) will be disclosed before April, he saRead More..
This quarter will see the entry of M&M into the US market with its Scorpio. The President of Auto Sector said that the company is fully geared to meet the US demands and the process of regulatory approvals are getting into the picture. Navistar, with whom M&M has made a JV for making commercial vehiRead More..
Close on the heels of Maruti other car makers Tata (Indica), M&M (Xylo, Scorpio and Bolero) have too increased the prices . Indica and Indigo ranges to cost higher by Rs5000-8000. M&M’s Scorpio gets the hike of Rs6400-9300, Xylo Rs4600 and Bolero to be costlier by Rs4800. These prices are applicRead More..
The SUV from M&M will get a new replacement and the company has invested Rs700 crore for this. The new one will fill the flagship status at the global standard and will yield prospective export market. to be made from Chakan plant. The new SUV may surpass Scorpio as it is one of the projects comingRead More..
M&M last week announced that the premium SUV will be ready for launch in India by the FY2011. The car may be designed for export to the US. The move is to compensate the presence of Scorpio and an investment of Rs700-800 crore has been ear marked for this project, said its President for Automotive.Read More..
Renault’s link with M&M for Logan to continue putting an end to the speculation about the split, confirmed by the Chairman and CEO of Renault-Nissan. The changes or strategies involved in the project are not revealed but the car is pairing with M&M’s Scorpio in the showrooms. Renault is firm andRead More..
The post-festive period has made the car makers in the country to run their heels to meet the demands. The surge in the production has compelled the car buyers to wait even for four months, as the wait phase has seen its come back. Invariably all the brands face this hiccup—Swift (for Dzire, dieseRead More..