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The second largest two wheeler company in India, Bajaj is joining an association with Austria’s KTM to launch a new bike. The bike may roll out in the next financial year in Europe followed by India, said Bajaj’s CEO for two wheelers. The bike will be assembled at Pune plant, to be marketed under KTM …
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A Swift move by Maruti Suzuki has set a record entry into Guinness Record. The company made a parade of its sensational brand Swift [images], a number-342- that took it into World Record. Already Maruti has sold 4.5 lakh units of Swift in all these five years of its run in the car market. The …
In a bid to counter the smart turn out of Tata’s Nano small car, General Motors is exploring the Chinese help, it is learnt. According to the company’s President for International Operations, all possibilities are taken into account for this purpose. The deal struck with the Chinese car company SAIC on 50% stake in GM …
The Japanese car maker Honda said the ensuing hatchback car for India, under a JV with Siel Group slated for 2011 will not find place in the volume prone small car segment. Rather it will have its slot above the small car range. The Chief Operating Officer of the company’s Asia and Oceania area said …
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The sensation created by Tata’s Nano as the world’s cheapest car @Rs1 lakh is no more in the offing. Gone are the days when people were seen longing to own this car though it was the dream of Ratan Tata the Chairman of Tata Group, to provide a car for the middle class family. Given …
Continue reading “Craze for Nano may go off the air in another six months”
Not able to withstand the rise in the input cost, Ford India has proposed the rise of price for its Figo [images] from May end. The cost of Ford now is in the range of Rs3.5-4.48 lakhs which may see the rise. The company’s Executive Director said that there has been a rise in the …
Sailesh Bolisetti, the 22-year old driver from Vishakhapatnam, won the inaugural race of the Volkswagen-JK Tyre Polo Cup India 2010 on the street track in the Balewadi Sports Complex in Pune. The racer from Hyderabad led from start to finish as he created history by becoming the first winner of the Polo Cup today. He …
Maruti Suzuki, the country’s number one car maker, has set a new Guinness Book of World Record by bringing together 342 Swift cars at a ‘car parade’ in Gurgaon. The congregation of such a large number of cars of a single brand has never been attempted before in India. Similar ‘car parades’ were held today …
The first car of Nano from Tata Motors’ Sanand Plant will be ready for roll out next week. The formal launch of the plant will be on June 02 in the presence of Gujarat CM and the Chairman of Tata Group. It is to be remembered that the pilot commercial production is already on and …
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The German car maker VW has set in a strong demand for its compact car Polo, which has gained a waiting period of three months. This is in addition to the advance payment of Rs50000 and already there are bookings for 9000 units. The diesel variant of Polo too has received tremendous response and both …
Continue reading “Volkswagen to pierce the Indian market with its Phaeton in June”