Archive for September 26th, 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 […]
Car makers turn to freebies to get new models on track
0 Comments Published September 26th, 2007 in Maruti Suzuki.
New cars drive up impressive sales, right? Not necessarily. Many new cars that have hit the market in the past one year seem to have gone off-track. Most of these models have failed to excite customers, forcing manufacturers to dole out huge freebies and discounts to grab their attention.
Zen Estilo, Maruti-Suzuki’s hatchback launched in January […]
Mercedes aims for 8 pc operating margin in 2007
0 Comments Published September 26th, 2007 in DaimlerChrysler India.
DaimlerChrysler’s Mercedes Car Group aims to achieve an 8 per cent operating margin and boost productivity by just over 7 per cent in 2007, Mercedes Chief Operating Officer Rainer Schmueckle said on Tuesday. More
Courtesy:www.indiacar.net
German luxury car group BMW might set up a fourth passenger car brand in addition to its current BMW, Mini and Rolls-Royce lines, a press report said on Thursday.
But BMW has no plans to acquire Volvo from the US automaker Ford, the Frankfurter Allgemeine Zeitung newspaper added, citing sources.
It said a new brand was one […]
Auto component SMEs in India globally competitive: Study
0 Comments Published September 26th, 2007 in Uncategorized.Indian small and medium enterprises (SMEs) in the auto component industry have shown improvement in productivity and become globally competitive, a Pricewaterhouse Coopers study has said.
Improvement in operational performance and cost cutting has helped SMEs acquire new customers besides getting additional orders from the existing customers. More
Courtesy:www.indiacar.net
Tyre manufacturers in the country are unperturbed though a severe crunch in supply of natural rubber stares in their face.
They said imports would be an option they could consider if the availability really goes out of hands.
However, the decision on imports hinges in many factors such as international prices, stocks and supply.
“We cannot shut the […]
Automobile tyre manufacturing company Modi Rubber, which was shut down in 2001 due to family feud, will soon re-start production at its facilities, its president Alok Kumar Modi said on Tuesday. More
Courtesy:economictimes.indiatimes.com
Auto industry split over survival of 100 cc bikes
0 Comments Published September 26th, 2007 in Honda India, Bajaj auto, Suzuki.Is the 100 cc bike endangered? While Hero Honda, the world’s largest bike maker owes its leadership to the 100cc bikes and TVS owes its existence to the 100 cc Star City, Bajaj Auto, Suzuki and Yamaha are betting on the hope that consumers would eventually upgrade to the 125 cc segment. This conflict is […]
German, Indian automotive industries agree to cooperate
0 Comments Published September 26th, 2007 in Uncategorized.German and Indian automotive industries expanded their cooperation horizon, determining 18 joint-project goals including developing technologies and raising proportion of renewable fuels.
High-level German and Indian industry representatives met at the Frankfurt Motor Show (IAA) held during Sep 13-23 and signed a bilateral agenda. More
Courtesy:economictimes.indiatimes.com
Auto component industry upgrades itself through UNIDO: PwC
0 Comments Published September 26th, 2007 in Uncategorized.The auto component industry has enhanced its productivity and achieved the substantial improvement in quality after participating in a UN partnership programme UNIDO, a study conducted by research firm PricewaterhouseCoopers said.
UNIDO partnership programme is a joint programme between United Nations Industrial Development Organisation, the Government of India and the Automotive Component Manufacturing Association (ACMA) specially […]