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The tripartite alliance among Renault, Nissan and Daimler is focused on small cars and LCVs. The pact enables each of the partners to enjoy a stake of 1.55% in Daimler and Daimler will enjoy 3.1% in Renault and 3.1% in Nissan. They believe that the pact would accrue 2 billion Euro in the next 5 …
Continue reading “Daimler, Renault-Nissan tie up for small cars, LCVs”
India need not fear over the inking of the pact between Daimler and Renault-Nissan. The aim of the pact is focused on the European market rather than on domestic facility. The pact will involve small cars, LCVs and power trains and China alone will be brought to the fore as hubs for regional cooperation- Daimler …
Continue reading “India will not face any impact out of Renault-Nissan and Daimler pact”
The hatchback and sedan versions of General Motors are to be upgraded on electric variants. This will be akin to e-Spark and the introduction of electric variants depend on the feedback of e-Spark, said the MD of GM India. Other models too will undergo the electric platform later. GM likes to dominate the electric version …
Japan’s premier auto company Yamaha is hitting the headlines with its export venture to Australia. The models bracketed for the export are FZ-16 and YZF- R15. Further there is a proposal to hike its market share to 20% in deluxe and premium segment. Currently it has 12%. According to the national business Head of Yamaha …
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India Yamaha which has been silent after the launch of FZ-16 and R-15 is back to the season of launches. Yamaha which showcased two motorcycles – YBR and SZ 125 at the auto expo will launch one of the motorcycle very soon. The YBR mass commuter motorcycle is expected to hit the market on April …
Mercedes E-Class coupe has found its way out at last. The most aerodynamic series production car in the world, it is offered at an astonishing Rs54.83 lakh pricing, said the MD and CEO of Mercedes-Benz India. The vehicle is known for its state-of-the-art features and heavy safety measures targeted at the adventurous prone youth. The …
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The German luxury car maker Audi has come out with the new Q7 4.2 TDI sports utility vehicle. The car will be available at the slashed price- Rs58.68 lakhs (lesser by Rs7.45 lakhs than the current model). Audi compliments this offer to coincide the 3rd year of its operations in India. The vehicle will offer …
The implementation of BS –IV norms has not spared M&M from hiking the price of utility vehicles. This is in addition to the impact of the fuel price; the flagship sports utility Scorpio gets the increase of Rs10300 –Rs17500, while Bolero to cost more by Rs26100. The sensational Xylo would cost additional by Rs15300-Rs15900. From …
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The failure cannot resist the push along the path and the revival is not a matter of serious concern. This is what exactly happened when the CEO and Chairman of Renault conceded the deal with Daimler. The global market is flooded with the ebb and low of the marketing from the giant killers like Toyota …
Renault-Nissan and Daimler entered into a tripartite deal for marketing small cars and LCVs. The deal ensures a distribution of stake for each of them- 3.1% of stake for Renault-Nissan in Daimler, 3.1% stake for Daimler in Renault-Nissan and 3.1% stake in Nissan. The deal envisages promotion of small car technology by the partners, including …
Continue reading “A tripartite deal for the four wheeler marketing”