Archive for May 15th, 2007
Maruti Suzuki SX4’s speedo was climbing into the wrong side of 140 kph. The Maruti Suzuki SX4 that I was driving felt absolutely surefooted on the beautifully paved highway. That was when I noticed them. What began as mere specks in the horizon were growing at an alarming rate and getting transformed into two-wheelers coming […]
Bajaj Auto finetunes SEZ plans in run-up to demerger
0 Comments Published May 15th, 2007 in Bajaj auto.
As the Bajaj Auto demerger date nears, the group is finalising the restructuring of its one of the more focused businesses — the 260-acre special economic zone (SEZ).
Bajaj Auto is working on a plan to float an auto and auto component SEZ company, converting 260 acres of land to an auto-focused SEZ at Waluj where […]
The two partners in motorcycle market leader Hero Honda seem to have entirely different ideas about exporting out of India. While the Munjals of Hero Honda group are eager to pitch India as an export hub, Japanese partner Honda does not think the idea is ‘feasible’.
Speaking to ET, Hero Honda MD Pawan Kant Munjal said, […]
Sigma-Vibracoustic JV unveils Rs 75-crore unit
0 Comments Published May 15th, 2007 in Uncategorized.Vibracoustic of Germany, part of the 4.5 billion-euro Freudenberg Group, has stepped up its operations in India by setting up another manufacturing unit in Punjab in collaboration with Sigma India. The new unit has been set up at a cost of Rs 75 crore for manufacturing anti-vibration parts for automobiles. Vibracoustic India, a 50:50 JV […]
DaimlerChrysler is set to launch the new-generation Mercedes C-Class in India by the last quarter of 2007 after its international launch in June. Just in time to take on the assault of the locally-assembled BMW 3 Series and with critical issues like rear legroom and reliability improved, Mercedes C’s new baby should be a formidable […]
Bajaj Auto plans three-wheeler plant in Indonesia
0 Comments Published May 15th, 2007 in Bajaj auto.
Bajaj Auto Ltd plans to set up a three-wheeler plant in Indonesia this year as part of strategies to expand its overseas business, a top company official said.
The factory would initially produce three-wheelers and later, also make two-wheelers in the Southeast Asian country, Bajaj Auto’s Vice President (Finance) Sanjiv Bajaj said.
“We are exploring whether to […]
Car exports from India dip 9.5pc in April
0 Comments Published May 15th, 2007 in Hyundai Motors, Maruti Udyog, Tata Motors.India’s quest to become a global hub for small car manufacturing began on a wrong note this fiscal with passenger car exports during the first month of the year declining by almost 9.5 per cent.
According to figures released by Society of Indian Automobile Manufacturers (SIAM), passenger car exports from the country stood at 14,021 units […]