A truck assembling unit may be erected by Tata in South Africa this year end, said a company official. The Head for India said the assembling unit, in addition to the ones in Thailand and Bangladesh, will be for medium and small end trucks with an initial capacity to be 3000-4000 units per year. South …
Category Archives: Auto News
Fall in economy costed Hyundai
The Korean car company Hyundai Motors India is not spared from the economy wave that swept the world in 2008. The company’s export potential to Europe has fallen sharply and search is on for alternative markets from South Africa and South America, said the company’s senior president for sales and marketing. The export market constitutes …
GM
General Motors of the US has chalked out its strategies for the Indian show that for LCV manufacturing it is investing $100 million for setting up sales and distribution wing, said the company’s President for India. The company, it is known, is in a JV with China’s SAIC on 50:50 basis, but the Indian marketing …
Nano
Nano’s [images] successful drive in the last one year as the world’s cheapest car is now moving towards the roads of Nepal for a test drive. The dealer in Kathmandu, Sipradi Trading Pvt Ltd Tata’ dealer for three decades, said that there will be five Nanos for the test drive to be made along different …
Hyundai
In a bid to penetrate the European market and to avail tax benefits, Hyundai Motors is migrating its production of i20 [images] to Turkey. The number slated for this year is 40000 units from the regular capacity of 1 lakh. The net volume of Hyundai in India from its both units stand to 6 lakh …
Car servicing from Carnation to go on premium segment
The ex-chief of Maruti Suzuki Jagdish Khattar’s car servicing enterprise is to take care of premium cars too. For this purpose, the company has got a nod from the Fiat Group’s Magneti Marelli to set up one such facility in Gurgaon. Magneti Marelli, a company identified for its 4.5 billion euro projects, is on the …
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Hyundai moves for 16 per cent growth
Hyundai, India’s second largest car maker after Maruti, is aiming to scalp the growth rate of 16% during this period ending December 2010. The company’s 2009 show was the growth with 20.8% due to the economic fall in the previous year (2008) as the sale was 6 lakh units, said the company’s director for sales …
Toyota to run with second gear for its production move
The growing demand and the irritating waiting period for its cars do not provoke any hurry on Toyota. Earlier the company had planned to run the third shift for clearing the pending orders. Moreover, the new plant will be free from producing any current models and the existing plants have the limited strength to meet …
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Petrol, Diesel,LPG and Kerosene price goes up
Bad news for common man! Government of India has announced a sharp increase in prices of petrol,diesel,lpg and kersone. No one is barred from common man to auto manufacturers, all set to suffer. With the hike, petrol price is up by Rs 3.73/litre, Diesel goes up by Rs 2, LPG by Rs 35 and kerosene …
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Hyundai likely to draw curtains to counter Maruti
Maruti’s Alto will run safe till the Auto Expo 2012, by the time which Hyundai would roll down its small car to counter Alto [images]. The R&D of the company’s apex body in Korea is drafting the necessary proposal in this regard, said an official from the company. Hyundai feels that the next Auto Expos …
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