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Ford’s powerful endeavour: Though Ford India is reevaluating its growth projection based on sales figures in June and July, Ford India does not seem to be scared of slumping sales figure. Ford India has launched a much powerful Endeavour in three versions. Ford has priced its new Endeavour 4×4 wheel drive at Rs 15.62 lakh …
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New Scorpio Getaway: Mahindra and Mahindra launched its global lifestyle SUV Scorpio Getaway in India on June 21. Scorpio Getaway is slotted in the pick-up segment or the lifestyle SUV segment and Mahindra knows this segment is at nascent stage in India, it wants to be the leader in this niche segment. The Getaway is …
Tata Motors is expected to borrow $450 million from foreign markets to fund its plans in the fast-growing automobile segments in India, including its proposed small car. Tata Motors has not specified the instruments it would use to raise $450 million overseas, it has said the funds would be for capital and product development expenditures, …
Tata Motors on June 18th has launched two new products – the Magic and the Winger. The magic is the passenger variant developed on the platform of India’s first mini truck ‘ace’, Tata claims the new Winger range is the india’s first maxi-van which will offer a perfect blend of the comfort of a car …
Motorcycle Industry is facing a downtrend in sales this year due to higher lending rates. Motorcycle makers are rationalising their production to face this down trend.Japanese major Honda has put off its plans to build a second plant, announced a few months ago, because it doesn’t anticipate to sell enough from the unit to warrant …
powerful bikes soon in india.. Bike majors like Yamaha, Honda and Suzuki are all looking at some big muscle models for India. After the latest notification by the commerce ministry simplified importing of bikes in the 800 cc-plus category, MNC motorcycle companies are looking at imported big bikes by 2008. The government’s decision to allow …
Monsoon may have hit our shores as expected but for the two wheeler makers it is going to be more summer. The motorcycle market’s vrooming growth has hit a roadblock, forcing top players to rationalise production and reduce dealer inventory. This is clearly evident from the market index, both BSE and NSE have rebounded and …
* On June 25 Bajaj revealed some information about its small car – Bajaj said it is experimenting with the concept of a small car but said it will not be a cheap car. Bajaj categorically ruled out its concept car being a competitor to the Tata’s Rs 1 lakh car saying: “We are striving …
Following the success in limited/special edition of Toyota Innova(it sold 1000 units). Toyota on May 19th has launched special/limited edition of its popular sedan corolla. The special/limited edition of corolla comes in two dynamic colours of New Warm Silver and Champagne Mica Metallic and it will sport new design features both at interior and exterior …
* The high octane Forza Motorsport 2, eagerly awaited sequel to Microsoft’s Xbox 360 exclusive motor racing game, Forza Motorsport, is hitting Indian PCs on may 25th. Developed by Turn 10 of Microsoft Game Studios, the sequel is expected to build on the euphoria around Forza Motosport, and enhance overall gaming with Xbox 360. Forza …