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The Skoda Auto is firm on retaining its brand positioning in the luxury segment despite such claims from VW. According to the GM(sales & Marketing) of Skoda, the company doesn’t want to dilute the position in India and is not in a bid to get identified in the mass segment. Skoda likes to have an …
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Much surprisingly, the people’s car from Tata, Nano, has entered into the old car market within 5 months of its launch. Nano LX, costing Rs1.81 lakh on purchase, got the marked price of Rs 2.05 lakh. Out of 15000-20000 bookers for this car in 2009, 4000 were assured of delivery before March by Tata. But …
The New Suzuki Swift, termed as “a design evolution of the current model, will be shipped to the UK in the second part of the 2010. The refined version has appealing features and the current model is the largest selling model among Suzuki products- 54000 units in the UK since its launch five years ago. …
Nissan has slated its future project with 9 new models in the period of coming three years and auto components sourcing export to commence this year(worth $70 million by 2012). According to the CEO and MD, the export of components will be to Thailand, China and Japan at $10 million in 2010, $20 million in …
The major business firm in India, Reliance is entering the global standard by offering diesel to meet the Euro IV compliance. Thus the flaw made in 2005 by way of delayed entry to Euro III compliance has been ratified. Reliance becomes the first private sector to launch this fuel this time as 25000 tonnes of …
Bajaj Auto’s unique invention named “ExhausTEC” significantly improves low range / mid range torque in a single cylinder four stroke engine. Bajaj’s patented DTS-i twin spark technology and ExhausTEC together deliver unbeatable “fuel efficiency + performance” combination to its customers. This European patent derives priority from the corresponding Indian patent application dated August 6, 2004 …
In a resistive bid to thwart BMW on leading the luxury car segment in India, Mercedes has entered the fray by launching 2 models S-500L sedan and GL SUV. Four models(including Concept Fascination, E-coupe, SLS AMG for Rs2 crore, and a premium SUV S-Guard at Rs6 crore)have found place in the showcase and three more …
Nissan has large and wide network in the Asian region and to expedite its work, India will become the hub for components. The regions covered under this process will be Taiwan, Thailand and Japan, said the company’s CEO and MD for India. The targeted volume from the Indian operations is $10 million in 2010, $20million …
The expansion spree in the Maruti Suzuki camp is brisk and an investment of Rs1700 crore has been ratified. By this the production will be increased to 250000 cars per year from the current 1 million units, from April 2012. The facelift will be at Manesar facility which has already got an investment of $215 …
2010 seems to be a busy year for Mercedes as it has chalked out to launch a whole range of E, and C class car before this year end. To vie against BMW for wrecking the top slot in Indian market, Mercedes likes to play its trump card with 350V6 and 350CDI, said the company’s …
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