Archive for June 28th, 2007

Auto Videos: Bugatti Veyron at the Prescott Hill Climb May 07

Evera to launch eco-friendly bikes next month

Evera Auto India is set to launch a battery powered motorcycle in Delhi, Uttar Pradesh and Uttarakhand next month.

The company, based in Firozabad (Uttar Pradesh), is hoping to corner a niche segment in the expanding two-wheeler market with the launch of the eco-friendly vehicle.

“The motorcycle has been built indigenously and will be launched in the third week of July. It will hit the roads soon after the launch. We have identified 10 dealers in the three states,” Mukesh Bansal, promoter of Evera Auto India, told IANS. More
Courtesy:economictimes.indiatimes.com

Maruti’s exports to Asean speed up

Car market leader Maruti’s search for non-European export markets has earned it an Asean windfall. The company has managed to make inroads into markets such as Indonesia and the Philippines which are traditional Honda and Toyota strongholds. Maruti has snagged an export order of 11,000 units of the Zen Estilo to Indonesia and 1,500 units of the Alto to the Philippines. Both orders will span the next 11 months at a monthly clip of 1,000 units and 150 units respectively. Suzuki, which owns 54.2% in Maruti, already has a manufacturing facility in Indonesia. Read more
Courtesy:economictimes.indiatimes.com


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