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The JV between Nissan and Leyland is targeted at the mass market, says a release. The car will be between the range of Micra and above the low cost one from Renault-Bajaj-Nissan trio. The CEO of Nissan disclosed that there will be more ranges in the models below Micra to be produced at Chennai plant. …
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To adduce its presence in the Indian car market, Mitsubishi is devising its strategy to introduce new models and refining of existing ones. As a result, there will be Lancer Evo X and two SUVs Pajero Sport and 2010 Outlander. The existing Lancer will be replaced with a new one and there will be new …
Renault Nissan the best automotive bomber launched its Chennai plant today. Renault Nissan phased out its Chennai plant with an investment of Rs 4500 crore. This pinnacle has been achieved by entering into an industry first strategic alliance with a French and Japanese company Based on the domestic market need Nissan will export 50% of …
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You read it first at vicky.in You heard it right! Force Motors is planning to launch an SUV in India. Force Motors earlier known as Bajaj tempo limited is well known for its mass commuter vehciles like Tempo traveller and Trax. Now Force Motors is eyeing a share on burgeoning SUV market. Other than Bolero, …
Vibgyor Vehicles, the prestigious Kolkata-centered Vibgyor Allied Industries Ltd has plans to establish another manufacturing unit for two wheelers in West Bengal’s Dankuni. The present Dhulagori plant near Howrah dishes out 15000 units per month. The second plant will be operational from June, 2010. Vibgyor Vehicles shall invest an additional Rs. 100 crore in both …
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The One lakh car need not be One Lakh anymore. Yes, with the increase in steel prices as high as 25% in April 2009, 2% excise duty on cars, 2% price hike on tyres, and increasing labor costs, all are pricking the price tag of Nano. Although, Tata was reluctant to announce the newer prices …
M&M woos to get hold of Sonlika, a Rs5000 crore business, to widen its prospects in tractor sector. Sonalika is in a pact with the UK based engine maker MG Rover. M&M, once gets this deal done, may see its own car manufacturing plant there. M&M is in this move, following a clumsy picture about …
a new technology based braking system, Bybre, is introduced by Brembo. This is engineered with the Italian technology and is made in the Pune plant. This will be an innovative product in its category and India is the first market to get this product. The brake system will enable the efficiency of motorcycles. Earlier, Brembo …
The Silicon Valley state of India, Karnataka, is worrying the buyers of automobiles – cars, two wheelers etc- by way of increased tax in the budget. In proportion to the cumulative sale of vehicles in the state, the CM has come out with such a taxation to accrue additional income. The life tax for the …
Honda Motorcycle is installing its second unit in Rajasthan at an investment of Rs1100crore with the annual capacity of 12lakh units. This plant, probably in Bhiwadi village, will have the blessing of the state government by means of a relief package. The plant’s initial capacity will be 6 lakhs per annum at an investment of …
Continue reading “Honda’s second 2-wheeler unit in Raj at Rs 1,100 cr”