Archive for May 19th, 2007
Buoyant sales of commercial vehicles and healthy contributions from subsidiaries lifted Tata Motors’ consolidated quarterly net profit by 28% to Rs 665 crore. Bottomline was also boosted by forex gains to the tune of Rs 60 crore. Net sales rose 24% to within a touching distance of Rs 10,000 crore, but higher raw material costs […]
Tata Motors Q4 PAT up 26 pc; declares 150 pc dividend
0 Comments Published May 19th, 2007 in Tata Motors.
Tata Motors on Friday reported a 26 per cent growth in net profit at Rs 576.72 crore for the fourth quarter ended March 31 against Rs 458.11 crore in the corresponding period previous year.
The revenues (net of excise) for the quarter was at Rs 8,267 crore, a growth of 20 per cent over Rs 6,869.65 […]
India’s heavyweight motorcycle manufacturer Royal Enfield has announced the launch of its latest 500cc bike Machismo, priced at about Rs 105,000.
The company aims at manufacturing 500 units of the new Machismo a year in the country. So far, the Machismo factory in Thiruvottriyur on the city’s outskirts used to make motorcycles for overseas sales.
Among the […]
Rising royalty costs drain Hero Honda
0 Comments Published May 19th, 2007 in Bikes, Bajaj auto, Tvs motor.With Bajaj Auto and TVS Motors upping the ante in a fiercely competitive motorcycle market, the Delhi-based Hero Honda has been finding the going tough. Even as it tries to defend marketshare, Hero Honda has to contend with an unfavourable cost structure. The company needs to make royalty payments to secure technology and R&D support. […]
Heavyweight bike maker Royal Enfield on Friday launched a 500 cc variant of its popular cruiser bike Machismo priced at Rs 1.05 lakh (on road Chennai).
The company would manufacture 500 units of the new Machismo annually and is targeting premium segment customers. More
Courtesy:economictimes.indiatimes.com
New Delhi Maruti Udyog Ltd has said that the company is equipping its cars with Immobiliser, an anti-theft device. Cars fitted with the device would be soon available at all its showrooms across the country.
Due to the Immobiliser, there has been a marginal price change in the range of Rs 1,000 to Rs 4,300 (Ex-showroom, […]
Bangalore Toyota Kirloskar is looking at the Internet to target a focused audience to market its Special Limited Edition of Corolla launched here on Thursday.
Besides the portals, the company will also send direct mailers and launch an SMS (Short Messaging Service) campaign to reach its select audience.
Extensive advertising across 20 prominent Web sites has been […]
If you’ve got a penchant for taking automotive care into your own hands, here’s what you need to know.
You’d always want to hear how great your car looks, especially after you’ve spent some big bucks on it. And, if you’ve got a penchant for taking automotive care into your own hands, here’s what you […]
Tata Motors has sold a record 5.80 lakh vehicles in 2006-07. The company has also crossed the milestone of four-million vehicle sales since its first vehicle rolled out in 1954.
Announcing the annual results here on Friday, Mr Ravi Kant, Managing Director, Tata Motors, said total sales including exports for 2006-07 at 5,80,280 units were up […]
Tata Motors introduces diesel in Indigo base model
0 Comments Published May 19th, 2007 in Tata Motors.Home-grown auto major Tata Motors on Thursday launched common rail diesel engine in the base model of its mid-size sedan Indigo priced at Rs 5.25 lakh (ex showroom Delhi).
The base model of Indigo, powered by 1.4 litre diesel engine, would come with an air-conditioner and power steering, the company said in a statement.
The 1.4 litre […]