Courtesy:www.indiacar.net
Archive for October 18th, 2007
Tata Motors? corporate social responsibility initiative
Published October 18th, 2007 in Tata Motors. 0 CommentsCourtesy:www.indiacar.net
Mitsubishi Electric forms venture with Messung, IBM
Published October 18th, 2007 in HM/Mitsubishi. 0 CommentsMitsubishi?s role would be to supply the Programmable Logic Controllers (PLC) and all other related hardware, IBM will supply the software platform to integrate the factory-automation hardware with the existing ERP of the customer while Messung would be the front-end to install the hardware and the software and maintain the system. More
Courtesy:www.indiacar.net
Auto part maker Jamna buys out Tata Motors’ leaf-spring plant
Published October 18th, 2007 in Tata Motors. 0 CommentsJamna Auto, India’s largest leaf springs maker, is an existing vendor for Tata Motors’ Pune plant and plans to increase supplies to Jamshedpur and build an export market through a greenfield facility at the place. More
Courtesy:economictimes.indiatimes.com
Higher interest rates, input costs hit Hero Honda net
Published October 18th, 2007 in Bikes. 0 CommentsBesides other income, which dipped to Rs 39.3 crore in the September ended quarter against Rs 59.5 crore last year, the company attributed high interest rates, rising input costs and higher promotional expenses due to intense competition in the two-wheeler market as reasons for the dip in profits. More
Courtesy:www.indiacar.net
Hero Honda bullish on premium segment; launches 150 cc Hunk
Published October 18th, 2007 in Bikes. 0 CommentsIn an attempt to corner a higher share in the premium-bike segment, Hero Honda Motors Ltd has launched a bike in the category.
?Premium-segment bikes still account for barely 14 per cent of the overall motorcycles market. We believe that there is potential for the market to expand in this segment,? said Mr Anil Dua, Vice-President, Sales and Marketing, at the launch of the 150 cc ?Hunk?. Hero Honda has priced the kick-start model at Rs 55,000 as compared to self-start model at Rs 57,000. This is the fourth bike that the company launched in the premium segment after models like CBZ extreme, Karizma, and Achiever. Read more
Courtesy:www.indiacar.net
Tata introduces new Indica variant with anti-lock braking system
Published October 18th, 2007 in Launches and Tata Motors. 0 CommentsCarmaker Tata Motors on Wednesday launched a new variant of its flagship hatchback Indica sporting dual front airbags and anti-lock braking system priced at Rs 4.76 lakh (ex-showroom Delhi). More
Courtesy:economictimes.indiatimes.com
Rising rupee has cast a shadow over Hyundai Motor India?s plans to make the country a hub for the export of small cars even as the company is gearing up to launch its next compact car and open its second plant in Chennai. More
Courtesy:www.indiacar.net
Hero Honda to drive into low-cost markets with HMC
Published October 18th, 2007 in Bikes. 0 CommentsThe Munjals of Hero Honda, the largest producer of two-wheelers in the world, plan to join hands with their Japanese partner, Honda Motor Company (HMC), to exploit different low-cost markets in Asia, Africa and Latin America.
The Munjal family, joint-venture partner with HMC in the flagship, Hero Honda, had asked the Japanese company to develop synergies in different low-cost markets though nothing concrete has come through yet. More
Courtesy:economictimes.indiatimes.com
The new compact car designed by Hyundai Motor India Ltd (HMIL), in the passenger car segment, will hit the roads by the end of this year, Mr Arvind Saxena, Vice-President, Sales and Marketing, HMIL, said.
Code-named PA
The car code named PA is a five-seater petrol version and will be priced between Santro and Getz.
It will be a new car, which will be first launched in India and exported to the rest of the world later, he told media persons here on Wednesday. More
Courtesy:www.indiacar.net
Volkswagen to price US cars more aggressively
Published October 18th, 2007 in Volkswagen. 0 CommentsVolkswagen plans to prices its vehicles in the US market more aggressively and drop costly features many customers there don’t want, Chief Executive Martin Winterkorn was quoted as saying. More
Courtesy:economictimes.indiatimes.com
