The Bharat Stage (BS) II range of Sumo Victa DI has been priced between Rs.4.80 lakh and Rs.5.86 lakh, (ex-showroom, Karnal), while the Bharat Stage III range is priced between Rs.4.91 lakh and Rs.5.9 lakh (ex showroom, Delhi). More
Courtesy:www.indiacar.net
Archive for October 14th, 2007
Now arch rival Bajaj Auto has hit back with a Rs 4,000 (12%) discount on the Platina, starting Monday. For now, the third player in the fray, TVS, is holding the price of its Star model. While the big two fight it out, the mood in TVS is a strict wait-and-watch. More
Courtesy:economictimes.indiatimes.com
M&M to restructure auto-component businesses
Published October 14th, 2007 in Mahendra&Mahendra. 0 CommentsThe six companies are Mahindra Engineering, Mahindra Sourcing, Mahindra Forging, Mahindra Gears, Mahindra Composites and Mahindra Steel Products. More
Courtesy:www.indiacar.net
Bajaj, Hero Honda offer discounts ahead of festive season
Published October 14th, 2007 in Bikes. 0 CommentsPlatina would now be available for Rs 29,990 (ex-showroom) as against the existing Rs 33,990.
More
Courtesy:economictimes.indiatimes.com
Germany carmaker BMW is seeking to buy a car-parts supplier, weekly magazine WirtschaftsWoche reported on Saturday, without saying where it obtained the information. More
Courtesy:economictimes.indiatimes.com
Exide Industries’ net profit rose 42 per cent to Rs 62.24 crore for the September quarter compared with Rs 43.74 crore for the same quarter, previous year. Total income has increased 47 per cent to Rs 668.29 crore for the year July-September period from Rs 453.58 crore a year ago. More
Courtesy:economictimes.indiatimes.com
Super luxury car maker Bentley Motors said that though the luxury car market was growing in the country, a change in tax structure would certainly boost up sales of such cars here.
“We are selling 30 cars annually. But a change in tax structure for imported cars could be looked at. But even with this tax structure, the market is growing,” said Mr Ian Gorsuch, Regional Director, Bentley, Middle East and Africa. More
Courtesy:www.indiacar.net
It’s only a hunk that can woo away the domestic motorcycle market from its slump. And Hero Honda Motors might just have the right ace up its sleeve this time. The country’s largest bike maker is planning to launch its premium motorcycle, the Hunk shortly. Not surprisingly this comes close on the heels of its strongest competitor Bajaj Auto’s launch of the 200 cc Avenger.
A source close to the company revealed: “The Hunk is likely to have a 150 cc engine. In terms of design it is a fantastic looking bike.” The new bike will probably sport an all black 156 cc engine.
More
Courtesy:economictimes.indiatimes.com
Fiat Group Company Magneti Marelli, Suzuki Motor Corporation and Maruti Suzuki have signed an agreement for an Indian joint venture for production of electronic control units (ECU) for diesel engines. Maruti currently produces Fiat’s 1.3-litre Multijet diesel engines under a licence agreement. More
Courtesy:www.indiacar.net
Bajaj, Hero Honda kick-off price war in 100 cc segment
Published October 14th, 2007 in Bikes. 0 CommentsUnleashing a price war in the entry-level motorcycle segment ahead of the festive season, country’s leading bike makers Hero Honda Motors Ltd (HHML) and Bajaj Auto Ltd (BAL) have reduced prices of their 100 cc products by Rs 2,020 and Rs 4,000 respectively.
Post the festive season discount, the 100 cc Bajaj Platina would be available for Rs 29,990 (ex-showroom) down from its usual price of Rs 33,990. More
Courtesy:economictimes.indiatimes.com
