For all petrol heads out there
Presto is associated with some of the best Japanese and Thai machinery manufacturers and aims to deliver the most updated leak testers to its client list.
The introduction of this new technology is expected to increase the accuracy of leak testing to 99.9 percent and help to reduce labour costs as well as eliminate manual handling concerns.
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Courtesy:www.indiacar.net
It would seem a bit ironical to mention automation and low cost manufacturing in the same breadth. But most OEMs agree that automation is required when OEMs undertake to manufacture large volumes with consistent quality. Apart form Tata Motors, Korean auto major Hyundai’s Chennai facility for manufacturing its small car Santro and Maruti Suzuki’s Manesar facility, both geared for large production volumes, already have automated production lines. With an estimated 500,000 to 600,000 new passenger cars likely to be manufactured in and around Pune alone over the next five years, more OEMs are bracing up for challenges in terms of efficiency and manpower shortage. More
Courtesy:www.indiacar.net
Experts in driving safety and cutting-edge automotive electronics, Continental aims to expand its business with domestic and International OEMs in India through this office. More
Courtesy:www.indiacar.net
It’s not only cars and bikes which are generating all the excitement in the automobile industry. The three-wheeler segment, too, is fast hotting up. On the back of steady growth in this space, many new players such as Continetal Engines Ltd (CEL), the Hero Group and TVS Motors are planning to join the club of top three-wheeler players — Mahindra and Mahindra (M&M), Bajaj Auto and Piaggio Vehicles India. More
Courtesy:economictimes.indiatimes.com
Tata Motors after achieving its highest ever commercial vehicle sales of 298,586 units in the domestic market in fiscal 2006-07 has set aside more than Rs 8,000 crore for new products over the next three to four years for both commercial vehicles and passenger cars.
This investment includes the Uttaranchal plant from which it will roll out the Ace, the world truck project, a panel van and a new LCV.A major part of the investment will also go towards its next-generation passenger car and utility vehicle platform, in addition to the Rs one lakh car plant. The company plans an estimated an overall capital expenditure of close to Rs 12,000 crore over the next three to four years and the remaining amount would be dedicated towards capacity expansion and other long term expenditure. More
Courtesy:www.indiacar.net
Toyota Motor Corp plans to put a new low-emission hybrid car on the market by 2009, following the international success of its Prius model, according to media reports.
The company is aiming for international sales of 100,000 units a year for the new model, contributing to a total target of a million hybrid cars a year in a few years’ time, helped by stricter regulations on carbon dioxide emissions, the paper said. More
Courtesy:economictimes.indiatimes.com
To further leverage the popularity of the Splendor, Hero Honda recently launched a new 100cc bike under the same brand name. The new bike, which will be sold alongside thecurrent Splendor Plus offering in the deluxe segment, is being positioned as the next- generation product from Hero Honda, and is called Splendor NXG.
The Splendor NXG has been introduced in two variants — with spoke or cast wheels — that have a price tag of Rs 40,990 and Rs 41,990 (ex-showroom, New Delhi) respectively. The new bike is part of the company’s strategy to strengthen its position in the market, particularly in the deluxe segment. The Splendor NXG costs about Rs 1,000 more than the current Splendor Plus. More
Courtesy:www.indiacar.net
New Swan Enterprises, manufacturers of sheet metal components and high-precision sheet metal assemblies plans to enter into two joint ventures aimed at building its capabilities and providing adequate support for future business opportunities.
The company is currently in the process of discussing possibilities with a few international players, but no final decision has been taken yet. Managing Director US Ahuja said a decision is likely to be taken over the next three months.
He said one joint venture would be for door latches, a business the company recently got into while the second JV would be for other products in the New Swan stable. Ahuja also indicated that the company is keen to establish an R&D centre. More
Courtesy:www.indiacar.net
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