The onset for the JV between Honda group and Hero group is still alive, as Honda expressed its commitment to torch the flame. Hero Honda is the world’s largest two wheeler maker in which Honda and Hero group has 26% each in the JV. But there has been an air of speculation that Honda is …
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Bajaj on a multi-faceted business
The proposed joint venture among Renault-Nissan-Bajaj for the low cost car ($2500) is likely to share the common parts as of bike and three-wheelers of Bajaj. In a bid to compete with Nano, the project is highly slid to Rs200-Rs300 crore from the original Rs1500 crore. The earlier project was mooted by these companies to …
India key market for future, small car on the anvil: Honda
The Japanese car maker Honda predicted that the Indian market will be the key factor for the small car projects on the lines of US and Europe market facing a crisis due to global economic downfall. Honda has no plans, however, to launch any small car projects like Nano or the one from Bajaj-Renault-Nissan JV. …
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Bajaj fails to get its name on ultra-low cost car
Bajaj slips to regain its identity in the small car venture with Renault and Nissan, as the car would shield the latter’s badge. The CEO of Renault-Nissan, who was here for a summit, finalized the deal including the share of each companies and the fuel-efficient low priced car would be possibly ready by 2012. The …
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Renault-Bajaj small-car will cost lower than any other made in India
At last, Renault-Bajaj alliance makes it a wonder, that the proposed low cost car would be the lower than other cars available in India. The car would hit the roads by 2012 and would be made by Bajaj with all around efficiency and fuel consistency, said the CEO of Renault. The car will be adorned …
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M&M plans Rs 1,500cr car factory in Cheyyar
Mahindra and Mahindra is in the bid of starting a new project at Rs1500 crore. The unit for manufacture of car will be located in Cheyyar near Chennai and this follows its pull out from the tie-up with Nissan and Renault. Given the result of this investment, if becomes fruitful, it will be the second …
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Highest ever monthly sales in Oct, says Volkswagen India chief
October turned out to be a reaping moth for Volkswagen, as the company fetched an all time sale- a growth of 38% than the last year. The VW is in a bid to improve its share to 8% by 2014 and this sale of October has become a morale booster, said its Chief. The range …
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Renault to offer full range of products in India
Setting aside the tussle over the partners, Renault is all set to roll out its entire range of products in India. The company is in the bid to offer a large number, as it does not want to run the show with limited versions and to contribute to the growth of the Indian car market, …
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Body to fit body
There are tailor-made things available in the society, to fit in the needs of individual. Now comes a moment to have a car to mould the body of the user- yes, an anthropometric data collection is on the process, thanks to the efforts by the Automotive Research Association of India. The details of this project …
Renault-Nissan, Bajaj to launch low cost car
The deal is finalised at last by Renault and Bajaj for the low cost car and the cars would be ready by 2012, said the companies. The price is kept in abeyance but will be lower than the cost of any other new car coming from the Indian market, said the CEO for Renault. The …
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