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The Indian car market will get a new entrant from Renault in another three years. The car will be designed to meet the exclusive demands of the Indian conditions, said its CEO. He did not delve into details barring the launch proposal. The car, to be made in Italy, will find new markets like India a
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The Indian car maker Maruti Suzuki is gearing its expansion activity to meet the demand for its products. The move is to raise the capacity to 15 lakh annual units at an investment of Rs1700 crore, in a plant near Manesar. The current capacity of Maruti is 10 l akh annual units spread in three plant
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The once popular motorcycle in 125cc segment from TVS, Flame, is back now after a short break for two years. The CMD of the company said there will be a little volume of Flame to start with and probably with the twin-spark plug version, he added. Two years ago there was a dispute between TVS and Baj
Read More..The Japanese auto giant Yamaha’s Indian wing has stopped the production of G5 and Alba(both 106cc) and Gladiator (124cc) [images]. Further, there won’t be any upgrading of these models for meeting the BS III norms. The company’s National Sales Head revealed that the existing stocks will contin
Read More..What else would motivate Mahindra than the unexpected profit run during the last quarter- 40.30%. This prompted M&M to be more reasonable and allocated Rs8600 crore for its five year project. The company’s President said a sum of Rs5600 crore from this will be for Chakan plant and for the capex pr
Read More..By initiating the second shift in its Chennai facility, Mercedes Benz is making plans to offer new models. This comes in the wake of fierce competition in luxury car segment which is likely to increase by 50% this year. The company’s Director for sales and marketing said the new models- SUV and un
Read More..The JV between Tata Motors and the Italian car maker Fiat failed to yield the desired result- the expected sale. The JV is on the basis of 50:50 to involve in making engines and cars commonly. The plant in the state of Maharastra is benchmarked for this purpose and Tata has to take care of sales and
Read More..The German football team would have lost its slot in the FIFA world cup, but not Audi. The world fame car maker is aiming to peak the terrain in its segment, which it owns in China and EU, said its Head for India. The first half of this calendar year has been a promising one for Audi with the sale m
Read More..Audi, the world famous luxury car manufacturer’s account in India gets another mark with the commencement of assembling Q5 at its Aurangabad facility. The plant will assemble Q5 at 1500 units a year and will mean the company’s long-term vision in Indian market, said its Board Member. The assembl
Read More..The Korean car company Hyundai Motors India is not spared from the economy wave that swept the world in 2008. The company’s export potential to Europe has fallen sharply and search is on for alternative markets from South Africa and South America, said the company’s senior president for sales an
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