Archive for September 24th, 2007



Suzuki Motorcycle India Pvt Ltd (SMIL), a subsidiary of Japanese two-wheeler major Suzuki Motor Corporation, proposes to invest Rs 150 crore to expand capacity and strengthen its dealership network, a top company official on Monday said.
“We plan to increase our manufacturing capacity from the present 1.7 lakh to 3.5 lakh units and double our dealership […]



Four firms remain in the race to buy Ford Motor’s European luxury brands Jaguar and Land Rover after Mahindra & Mahindra and vulture fund Cerberus pulled out, people familiar with the matter said on Monday.One Equity Partners, Ripplewood, Tata Motors and TPG have yet to complete the due diligence, the people added.
Ford CEO Alan Mulally […]



The ministry of heavy industries is considering a proposal to make it mandatory for cars manufactured in India to have RFID-enabled tags.
It will be the responsibility of car manufacturers to ensure that all new cars have these radio-frequency identification (RFID)tags. It is believed that RFID tags would help in traffic management as traffic violations by […]

Varroc chooses Bayfit for seats



Varroc has chosen Bayer MaterialScience’ Bayfit’s moulded foam polyurethane systems to supply materials for motorcycle seats.
In order to enhance processing efficiency, auto components manufacturer, Varroc, has chosen Bayer MaterialScience’ Bayfit’s moulded foam polyurethane systems to supply materials for motorcycle seats. ‘Quality, functionality and efficiency are major drivers in the supply industry for motorcycle and automotive […]

Skoda gets top marks



Skoda achieved highest overall sales satisfaction ranking, first time in four years according to the J.D. Power Asia Pacific 2007 India Sales Satisfaction Index Study.
Skoda achieved highest overall sales satisfaction ranking, first time in four years according to the J.D. Power Asia Pacific 2007 India Sales Satisfaction Index Study released recently.
The company, said a JD […]



Over a decade after it started operations in India, Lear Automotive India (LAIPL), the Indian subsidiary of global automotive supplier Lear Corporation, has decided to go for vertical integration.
As part of the process, the company will start manufacturing several components that it needs for its seating systems in-house, at a greenfield facility that is being […]



Faced with a slowdown in the two-wheeler market, financiers and manufacturers are betting on the festival season for a much-needed boost in sales. Financiers are likely to loosen their purse strings and increase disbursement of loans in the next two months to encourage consumers to spend money on two-wheelers. Also, two-wheeler manufacturers are gearing up […]



Mahindra & Mahindra plans to incur a capex of Rs 6,400 crore in the next three years, said Chairman, Mahindra & Mahindra, Keshub Mahindra. He was speaking at the company’s annual general meeting (AGM).
Mahindra said the company needs to incur considerable expenditure for the expansion of capacities, R&D and product development.
To put things in perspective, […]

Auto companies prefer diesel drive



The clear preference of customers for diesel cars is forcing car companies to increase their diesel engine capacities to tap the full market potential. While Maruti-Suzuki India (MSI) is increasing its annual diesel engine capacity to three lakh units from the current one lakh, General Motors is finalising plans to establish a new engine facility […]



Nissin Brakes has set up brakes manufacturing facility with support from Rajasthan State Industrial Development & Investment Corporation (RIICO) at Neemrana, Rajasthan on a 121,410 sq m land with investment of Rs 240 crore.
Nissin Brakes India has recently announced setting up a manufacturing facility for production and development of front and rear disc brakes for […]