Ouchmytoe Auto

ArvinMeritor, a leading manufacturer of integrated systems, modules and component for the automotive industry, intends to increase outsourcing from the Asia-Pacific region, primarily from India and China to more than $1billion in purchases from new and existing suppliers. More
Courtesy:www.indiacar.net

Germany’s Schaeffler Group plans to invest an estimated Rs 640 crore (Euro 110 million) in its India operations that now comprise three group entities - INA India, FAG Bearings and LuK - in order to double its group turnover of around Rs 1,000 crore over the next three to four years, according to Partner and […]

Exactly two years ago last month, Tata Motors launched 19 models of its buses at a lavish and well-attended function in Mumbai. Apart from company officials, Tata Motors associates from its overseas operations including distributors from Ghana, officials from Turkey as well as its associates, the Mugica brothers from Hispano Carrocera were present. More
Courtesy:www.indiacar.net

Skoda Auto India, the wholly-owned arm of the Czech-based auto major, SkodaAuto has launched the third variant of the Skoda Laura.
The new offering, which is the company’s 15th variant in the country will cost Rs 15,32,825 lakh, ex-showroom, Mumbai. The vehicle will be available in the 1.9 Pumpe Duse diesel engine at all the company’s […]

Hyundai Motor India (HMIL), India’s largest car exporter recently took another step towards increasing its global reach with the dispatch of the indigenously-built Getz Prime. The first consignment of Getz Prime was sent to Germany in the last week of March.
The remaining part of the current calendar would see Hyundai Motor India(HMIL) ship 40,000 units […]

The Logan that rolls out of Mahindra-Renault’s Nashik facility in 2009 could have engines made at a facility in Chennai, said President and CEO of Nissan and Renault, Carlos Ghosn.
He was speaking recently with journalists at Nashik after the rollout of the first Loganfrom a dedicated assembly line at a greenfield facility. The Logan is […]

Chennai Ashok Leyland has reported a turnover of Rs 8,304 crore for the year 2006-07, which, thanks to the recent appreciation of the rupee, makes Ashok Leyland a $2-billion company.
Its net profit for the quarter ended March 2007 was Rs 171.5 crore, 28 per cent higher than Rs 133.45 crore achieved in the corresponding quarter […]

Maruti’s three-box car Suzuki SX4 has hit the Indian roads. Targeted at the A-3 segment, the all new SX4 sedan, from the country’s biggest car manufacturer, has been launched in two variants sporting 1.6 litre engine. The lower version of SX4, VXi, is priced at Rs 6.18 lakh while the higher variant, ZXi, comes at […]

India’s top car maker, Maruti Udyog Ltd, will offer incentives to dealers and customers to counter the impact on demand of higher interest rates, Maruti Udyog Ltd Managing Director Jagdish Khattar said on Monday.
Maruti , in which Japan’s Suzuki Motor Corp owns 54.2 per cent, reported a 17 per cent annual rise in sales in […]

Tata Motors, the country’s second-largest passenger car maker, has decided to shore up export revenues in 2007-08. For this, it has identified Spain, Italy, Turkey, South Africa, Nepal and Sri Lanka as focus markets. In fact, Tata Motors’ focus markets-driven export strategy is already yielding results. The Tata Motors exported 4,037 vehicles in April 2007, […]