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 …
Category Archives: Auto News
M&M eyes Sonalika’s car & tractor biz
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 …
Brembo Group launches
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 …
Automobiles to cost more in Karnataka
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’s second 2-wheeler unit in Raj at Rs 1,100 cr
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”
Fiat glare with1.2litre Punto Fire Dynamic & Emotion
Fiat India blazed out two variants of furious passionate of B+ hatchback segment. Fiat plunged the 1.2litre Punto Fire Dynamic and Emotion that kindles the spirit of hatch back lovers with its vibrant eight colors: Bossa Nova White, Exotica Red, Minimal Grey, Hip Hop Black, Medium Grey, Electric Blue and 2 new colors i.e. Fox …
Continue reading “Fiat glare with1.2litre Punto Fire Dynamic & Emotion”
Mahindra inaugurates Chakan Plant
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 investment was built in a shorter time span …
Brilliant Bentley back with a bang for Big Shots
Bentley breaks into India with its top end Mulsanne and GTC Supersport. The British premium car industry, shall start widening their premium car sales in India and China, as the humpty list of millionaires wait for cars that costs crores, to enhance their status symbols. Benley’s Mulsanne costs about just Rs.2.9 crore, so what it …
Continue reading “Brilliant Bentley back with a bang for Big Shots”
Indigo gets an edge over Logan in the taxi fleet
Tata Motors has found the ways to enter the Taxi field pushing Logan behind. The fleet operators, after driving home the fact of Indica, now feel that Logan is not feasible on the aspects of spares being in demand. Another reason quoted was the bleak future in the Renault-Mahindra JV. This was explicated by the …
Continue reading “Indigo gets an edge over Logan in the taxi fleet”
VW’s deal not to affect Nissan-Suzuki drive
Nissan-Suzuki pact will not be disturbed by the entry of VW. Nissan is getting the Pixo from Maruti Suzuki as the contract is till 2012. However, the deal pact with Suzuki and Volkswagen is on the air for small car project. The cars are to be slated for the European market, under the monitoring of …
Continue reading “VW’s deal not to affect Nissan-Suzuki drive”