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Category Archives: Auto News
Toyota to launch Prado diesel
Toyota Kirloskar Motors is on the driver’s seat with its suv Fortuner brining some good fortunes. This encouraged the company to go in for a diesel variant in the form of Prado, by next year. With the initial launch in this December in Japan, the car will be on the Indian roads in a gap …
Nano
Tata Motor’s sensational small car Nano has already swept the Indian roads ever since its launch. As the stint continues, the company projects the number of Nano during the period of 2010-11 to increase by 40000 taking the toll to 1.7 lakhs. The plant in Patnagar, Uttarkhand is giving the temporal relief to the company …
Jaguar Land Rover secures $277.7 million loan from SBI
The British car maker, undergoing the turmoil of financial crisis, is getting a lifting hand from the bankers to run the show. It gets $277.7 million from the State Bank of India along with the fund aid from ABC International Bank. The company’s Indian owner, Tata Motors, is shaping the revival with a separate export …
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Renault and M&M out of funds to grease their hands
The proposed alliance between Renault and Mahindra & Mahindra took the neutral position and yet to kick off, due to lack of funds. The companies are partnering under the banner Renault India and Mahindra & Mahindra (MRPL) to make and sell Logan sedan. For months together there has been no green signal recover the brand …
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Bajaj to ride on global roads
Bajaj auto plans to strength its presence in global markets along with Kawasaki and KTM brands. The company has already made its presence in Philippines by assembling its bikes in Kawasaki plant with the marketing looked after by the Kawasaki outlets. Bajaj would, thus save investment and at the same time can capitalize on the …
Bajaj Auto may set up assembly plant in Brazil
Bajaj Auto is aiming for an assembly plant in the free trade zone Manaus, Brazil. The project, slated for the FY11, is on the verge of locating the site and chalking out financial commitments. No details about the tie-up or all alone business are available. Bajaj is a well-known two wheeler company in India and …
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Harley-Davidson looks to open dealerships in more cities
The US bike maker Harley- Davidson has witnessed a good stint in India for its bikes and is getting ready to unroll more dealerships in the country. The deal will be purely on business sense in spite of certain reservations like Punjab, Bangalore, Hyderabad, Mumbai and Delhi. By 2010, the company would roll out more …
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Merc may lose top spot to BMW in India
The arch rivals in car industry Mercedes and BMW are in keen tussle to retain the top spot and in the given conditions, Mercedes may lose ending the battle. If it happens so, then it will be the first ever debacle for Mercedes in India. Last year Mercedes tasted a good time with selling of …
Red Zed Go – BMW to launch Z4
BMW’s latest venture will be launching the much-awaited Z4 (a convertible) luxury car on October 12. Thus, the company would make a penetrating presence in the luxurious car market in India. This comes in the series of M3 and M6 convertibles, and will be at the price range of Rs50-Rs60 lakhs. BMW is full of …