Mahindra’s Firstchoice is the sale unit of pre-owned cars and this unit has set a target of selling one lakh cars by 2014. Already the company has sold about 10250 cars through its 60 outlets last year. For this year, the target is 18000 units of which 9000 have already been sold, said its CEO. …
Category Archives: Auto News
Reva is in search for overseas contract
The India’s most popular electric auto maker Reva Electric car company is seeking an ideal platform to enter the US and European market, under the contract basis. This is in a bid to double its sale by 2011-12. In the US, the prospective deal with Bannon Auto is mooted and is yet to be finalized, …
Volkswagen in the steps of increased volume for Skoda
The Chakan plant of Volkswagn is to have tight schedule for Skoda drive, as the steps are on for increasing the volume of Fabia and the sedan, for the Indian market. There will be flexibility for the production in the Chakan unit and the one in Aurangabad, said the company’s Senior GM. The Fabia hatchback …
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The advertisement through mobiles drives faster for car market
The most popular car makers in India, Maruti, Hyundai, Tata Motors and others are increasing their ad campaigns through cell phones, which according to them, fetches more positive results. The ads through this mobile phones constitute some 31% of buying decisions than the global buyers, estimates Carsonline. Of late, there is an increase in the …
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The queue is longer for the car aspirants
The post-festive period has made the car makers in the country to run their heels to meet the demands. The surge in the production has compelled the car buyers to wait even for four months, as the wait phase has seen its come back. Invariably all the brands face this hiccup—Swift (for Dzire, diesel the …
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M&M
The proposed automobile plant initiated by M&M near Cheyyar, backed by the Tamilnadu government has got the green signal, as the cabinet has approved in toto. The Rs1800-crore project will be provided with 200 acres of land (out of 450 acres) with the capacity of 1.5lakh units. The initial production will be SUVs, tractors and …
After Nano, Renault-Nissan, Ajanta comes to the fore for Rs1 lakh car
The very old quartz clock manufacturer in India, Ajanta is in the news for its business of Rs 1 lakh car. The car will be derived under the dealing with the Chinese maker from Guangzhou. Ajanta which is a Rs1500 crore company, is in the Indian market as the reputed makers of quartz clocks and …
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Benz to face slow down in its sales in 2009
The year 2009 proved to be a bad phase for Mercedes-Benz as its sale is pathetically low as on the date. The reasons cited for this sorry state are lower availability of credit and the global economic crisis. So far the company could sell just 2650 cars this year against 3625 cars in the same …
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Nano resolves Shifting Stance
Due to the outbreak of shifting the unit for Nano production, Tata Motors has come forward to compensate its vendors who migrate to Sanand unit. The unit is to have an installed capacity of 3.5 lakh units a year and the production is likely to start from the Q1 2010. The vendors have expressed their …
Bajaj to run with its Two Wheel(ers)- Discover and Pulsar
India’s popular two wheeler maker Bajaj Auto has ‘Discovered’ a strategy to ‘Pulsate’ its business. Indeed it is planning to increase the production capacity of bikes to 300000 in 2010-11, starting from next April. The production will focus on new versions of these bikes, which have yielded a stunning show to Bajaj, disclosed its MD …
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