Bajaj will be involved not just in the development and manufacturing of the car but also in its marketing and distribution, using its existing network of two-wheeler dealers. However, the alliance with Bajaj will only focus on light vehicles, both passenger and cargo. Which means, Nissan may be looking for another Indian partner to market and distribute its high-end range of cars. More
Courtesy:economictimes.indiatimes.com
Archive for October 25th, 2007
Bajaj Auto to drive $3,000 car project
Published October 25th, 2007 in Bajaj auto, Nissan and Renault. 0 CommentsMNC car firms take Indian tests for global roads
Published October 25th, 2007 in Honda India, Toyota India, Volkswagen, Nissan and BMW. 0 CommentsThese car makers are negotiating with the National Automotive Testing and R&D Infrastructure Project (NATRIP) to take on the rigorous robustness and performance tests of their future vehicles intended for both overseas as well as the Indian market. More
Courtesy:economictimes.indiatimes.com
Two reasons ? turnover was down 23.5 per cent to Rs 823 crore due to ?slowdown? in the motorcycles industry and there was an exceptional item of expenditure of Rs 10.20 crore. But for the ?net exceptional item of expenditure?, net profit would have been only slightly lower.
More
Courtesy:www.indiacar.net
A $2,500-3 ,000 ultra-cheap mass-market small car developed for the India market remains “a strict no-no” at Honda Motor. But the near $93-billion Japanese automaker is visibly keen to do everything within its power to shore up appetite levels for the full spectrum of Honda machines in India. More
Courtesy:economictimes.indiatimes.com
TVS Motor Company, India`s third biggest motorcycle maker, disclosed a steep drop in net profit for the quarter ended September 2007. During the quarter, the company experienced a 51.99% fall in profit to Rs 119.20 million from Rs 248.30 million in the quarter ended September 2006.
Net sales for the quarter declined 23.60% to Rs 8,234.20 million compared with Rs 10,778.90 million in the corresponding quarter, a year ago. More
Courtesy:www.indiacar.net
Daimler to produce heavy trucks in India
Published October 25th, 2007 in DaimlerChrysler India. 0 CommentsDaimler, the world’s largest truckmaker, has reached an agreement with a partner in India to jointly produce heavy trucks in the world’s second-most populous nation. More
Courtesy:economictimes.indiatimes.com
Skoda India, on Wednesday, announced the launch of Laura Ambiente, a new variant of its best selling model Laura. Priced at Rs. 13.21 lakh (ex-showroom New Delhi), the new variant that comes in diesel version has 1.7 PD TDI engine.
The new variant has been equipped with added safety features such as two airbags, traction control system (ABS and ASR), rear-parking sensors, and automatic wipers with rain sensors.
More
Courtesy:www.indiacar.net
It’s that time of the year again when auto marketers step on the gas to ride what’s traditionally considered the best demand months of the year. The festival months of October and November therefore see a flurry of activity, from new models and upgrades to marketing and promotional campaigns, distribution and other ramp ups and more. More
Courtesy:economictimes.indiatimes.com
Honda plans low-cost hybrid in 2009
Published October 25th, 2007 in Honda India and Toyota India. 0 CommentsJapan’s Honda Motor Co. said on Wednesday it planned to release a more affordable hybrid car by 2009, hoping to boost sales among consumers who now find eco-friendly vehicles too expensive.
Japanese automakers pioneered hybrid-engine cars such as Honda’s Civic Hybrid, which save fuel costs and have proven to be major hits at a time of soaring oil prices.
Honda showed to the Tokyo Motor Show the CR-Z concept car, a lightweight sports model with a hybrid engine. More
Courtesy:www.indiacar.net
