Archive for September 16th, 2007
Bajaj Auto offers talks with Akurdi unions next week
0 Comments Published September 16th, 2007 in Bajaj auto.The Bajaj Auto management and Akurdi workers’ unions may meet next week. The management has invited leaders of its two trade unions, the Shiv Sena-backed Bharatiya Kamgar Sena (BKS), and the unrecognised Vishwa Kalyan Kamgar Sanghtana. CP Tripathi, VP, corporate, Bajaj Auto, said: “We have invited them for a meeting, according to Union agriculture minister, […]
It’s not just the Rs-1lakh car that Tata Motors is banking on in 2008. It has lined up a spate of new launches, including the debut of its second-generation vehicles.
For India’s largest automobile company, the launch hooter will start buzzing from the Auto Expo in January when it will unveil its next-generation global pick-up truck, […]
Tatas fast on track; to roll out 2.50 lakh cars
0 Comments Published September 16th, 2007 in Tata Motors.
Tata Motors will roll out 2.50 lakh units from the small car project in 2008 and the production is likely to touch 3.50 lakh in the next few years, West Bengal Minister for Commerce and Industry Nirupam Sen said on Saturday.
“I hope that next year, the first year of its production, 2.50 lakh small cars […]
Carmakers seek to conquer emerging markets
0 Comments Published September 16th, 2007 in Toyota India, Volkswagen.
Booming demand in emerging economies has set off a gold-rush among the world’s carmakers, desperate not to miss out on the large profits that beckon.
By contrast with the industrialised world, where concerns like emission standards, safety and luxury are paramount, in countries like India and China, cost is the key factor.
Demand is exploding here, as […]
Tatas eye US auto-parts acquisitions
0 Comments Published September 16th, 2007 in Ford India, Tata Motors.Tata Group, which is bidding for Ford Motor’s Jaguar and Land Rover units, may buy auto-parts makers in the US, an executive said. Tata AutoComp Systems, a supplier of vehicle components, is “interested in growing inorganically” through acquisitions, Alan Rosling, executive director of holding company Tata Sons, said in an interview on Wednesday in Washington. […]
World automakers focus on smaller cars, emerging markets
0 Comments Published September 16th, 2007 in Volkswagen, BMW.This year’s Frankfurt motor show saw the world’s biggest car makers focused on smaller, more affordable models and turning more attention to emerging markets where demand was expected to surge.
BMW chief executive Norbert Reithofer said he did not rule out making a car smaller than the BMW 1-Series, which the German automaker launched in 2004.
Likewise, […]
India braces for wave of more equal auto parts JVs
0 Comments Published September 16th, 2007 in Volkswagen, Nissan.India is bracing for a second wave of joint ventures in the auto parts segment as confident companies, with large production capacities, look for equal marriages with global players.
Technology starved Indian start-ups in the nineties traded minority stakes for know-how. This time around, foreign component firms are trailing large car makers into India, and looking […]
Volkswagen’s luxury car division Bentley wants to make its models more environmentally friendly and to edge closer to proposed EU limits, German financial daily Handelsblatt reported on Friday, citing Bentley head Franz-Josef Paefgen.
“We are currently forming a view on the matter, for instance by talking to politicians in England,” Paefgen told the newspaper in an […]
Struggling to make a mark in the Indian two-wheeler market, Japanese bike major Yamaha is turning to its superbikes MT01 and YZF R1 to stamp its authority, with plans to launch the products as early as November this year.
The company is giving final touches to plans of rolling out its flagship sports bikes — the […]
Renault to compete with Tata’s Rs 1-lakh car
0 Comments Published September 16th, 2007 in Tata Motors, Bajaj auto, Renault.French car major Renault SA has firmed up plans to compete with Tata Motors’ Rs 1-lakh car in the Indian market. Confirming the development, Renault CEO Carlos Ghosn said, “We are looking for ways to build a car that could sell for no more than $3,000 to tap mass markets in India, China and Brazil.” […]