For all petrol heads out there
Dragged down by blue chip stocks following weakening Asian markets, a leading Indian stock market index Wednesday closed 0.66 percent lower after two consecutive days of gains.
The 30-share benchmark Sensitive Index (Sensex) of the Bombay Stock Exchange (BSE) fell 93.83 points or 0.66 percent to close at 14,411.38 points in choppy trading. Only seven of the Sensex components traded in the green. More
Courtesy:www.indiacar.net
The company, the first commercial vehicle manufacturer to foray into the sale of used vehicle space, was hoping to corner 15 per cent market share over the next three years in the business, company Special Director (Customer Support Group) V M Hombali told reporters here. More
Courtesy:www.indiacar.net
Mr V.M. Hombali, Special Director, Customer Support Group, said at a press meet here on Wednesday, that
in Kerala Altrux would be marketed through TVS & Sons Ltd. They have a wide network of 15 outlets located in places like Thiruvananthapuram, Kollam, Ernakulam, Thrissur, Palakkad, Kozhikkode, Malappuram and Kannur. TVS will carry out the sourcing, evaluation, refurbishing and selling of vehicles. More
Courtesy:www.indiacar.net
The Indian trio of Bajaj, TVS and Hero Honda are on top of the Japanese trio of Honda, Suzuki and Yamaha.. what’s wrong with the Mighty Japs..?? Motorcycle Sales in India.
The picture on the left shows the motorcycle sales figures in India in April 2006-2007.
It is clear from the graph that the Indian trio of Hero Honda, Bajaj Auto and TVS Motor are the market leaders. The mighty Japanese manufacturers Honda, Yamaha and Suzuki which are world leaders have been relegated to lower positions in India. More
Courtesy:www.indiacar.net
Piaggio Vehicles, the Indian arm of the $1.3-billion Italian transportation giant Piaggio, is setting up a diesel engine manufacturing plant near Pune. Piaggio would be investing E65 million in a backward integration project, over the next two to three years, which includes establishing the plant.
The Pune facility, with a capacity to produce 2 lakh engines annually, would serve as an international hub to service the requirements of the company, both in the three-wheeler and four-wheeler segments, Piaggio Vehicles CMD Ravi Chopra told reporters here on Thursday.
More
Courtesy:economictimes.indiatimes.com
India’s biggest car marker, Maruti Udyog Ltd, said on Friday it sold 59,400 vehicles in May, up 11.2 per cent from 53,396 units a year earlier. More
Courtesy:economictimes.indiatimes.com
Maruti Udyog Ltd sold 55,952 vehicles in the domestic market in May, up 10% from 50,904 vehicles sold in same month last year.
Total sales in May stood at 59,400 vehicles, including 3,448 units of exports, India’s leading car maker said.
Volume in the domestic C segment grew by 22.7%, the company said. More
Courtesy:economictimes.indiatimes.com
The $1-billion Amtek Group’s flagship Amtek Auto is close to acquiring the foundry business of the UK-based auto component major JL French Castings. The deal is estimated between Rs 150 crore and Rs 160 crore and includes the company’s operations in Whitham in the UK.
More
Courtesy:economictimes.indiatimes.com
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