Ouchmytoe Auto

Japanese car major Honda on Tuesday said it expects sales to pick up during the festive season as consumers are expected to loosen their purse strings after prolonged purchase postponements due to high interest rates.
“High interest rates to an extent have impacted our sales. But demand is likely to pick up during the festive season […]

Maruti Udyog Ltd has signed a memorandum of understanding with the government of Gujarat to set up, manage and run an automobile training institute at Gajadara in Vadodara.
The institute will not only provide driving training to tribal youth, it will also offer automobile technical training. More
Courtesy:www.indiacar.net

A day after announcing the tie-up with Japan’s Isuzu Motors for manufacturing buses, Swaraj Mazda on Tuesday said it will also launch trucks next year.
“Definitely, we will come out with our trucks, but at the moment we will be focusing on chassis for bus applications for upper end segment,” Swaraj Mazda Managing Director Yash Mahajan […]

The Pune-based Kinetic Group has bagged a prestigious order from Tata Motors to supply gearboxes for the latter’s proposed Rs 1-lakh small car, a top company official said on Tuesday.
The Group’s auto components manufacturing arm, Kinetic Engineering Ltd, will also be investing around Rs 40-50 crore to set up a manufacturing facility for these gearboxes […]

Pune-based Kinetic Engineering and CK Birla’s component arm AVTEC are understood to be developing the gearbox for the much-awaited Rs 1 lakh car by the Tatas.
The Tata Motors order is valued at Rs 60-70 crore a year and the Pune-based two-wheeler major is looking at mezzanine financing to execute the order, sources said. Kinetic Engineering […]

The President and CEO, Honda Siel Cars India Ltd, Mr Masahiro Takedagawa (right), and the Chief Engineer, Honda Japan, Mr Yasuhiro Kumai, at the launch of the Honda City ZX in the Capital on Tuesday. Honda Siel Cars India launched the 10th anniversary edition of the Honda City ZX with several new features.
Honda Siel Cars […]

Europe’s largest car manufacturer, Volkswagen, unveiled its latest people’s car, christened Up!, at the Frankfurt Auto show on Monday. The company plans to launch the model in India by 2010 at a price that will suit Indian pockets.
Commenting on the company’s plans, Volkswagen CEO & chairman of the board Martin Winterkorn told ET, “We will […]

The festive season may be set to begin, but the monsoon blues continue to loom over the growth of the auto industry with sales in most segments recording negative growth.
Apart from passenger vehicles which grew at about 17.16 per cent in August 2007 as against the same period last year and commercial vehicles segment which […]