Courtesy:www.indiacar.net
Archive for December 6th, 2007
Autoline Ind to benefit on diversification, new clients
Published December 6th, 2007 in Ford India, Honda India, Nissan and General motors India. 0 CommentsCourtesy:www.indiacar.net
M&M for alliances in passenger vehicles, trucks
Published December 6th, 2007 in Mahendra&Mahendra. 0 CommentsHowever, these would be technology or function specific tie-ups and not broad spectrum ones.
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Courtesy:economictimes.indiatimes.com
?Car makers must adopt fuel-efficient technology?
Published December 6th, 2007 in Uncategorized. 1 Comment?We cannot stop people?s aspirations for ownership of cars, but what we can certainly do is to call in for the most efficient technology in place,? said Mr M.S. Srinivasan, Secretary, Ministry of Petroleum and Natural Gas. More
Courtesy:www.indiacar.net
Luxe car market to double in three years
Published December 6th, 2007 in Tata Motors and Mahendra&Mahendra. 0 CommentsAccording to industry experts, the current luxury car market is an estimated 4,500-5,000 units per annum. Both financiers and companies like BMW India believe that the market will hit 10,000 units by 2010. More
Courtesy:economictimes.indiatimes.com
There may be a group of mystery Gulf investors backing one of the three bidders in the fray for Jaguar and Land Rover.
Although the identity of these investors isn’t clear yet, the buzz in the financial circles is that they may turn out to be the decisive factor in the race for Ford’s bespoke brands. More
Courtesy:economictimes.indiatimes.com
Bosch plans to invest Rs 850 cr in India; to rename MICO
Published December 6th, 2007 in mico. 0 CommentsSensing huge opportunities in the rapidly-growing Indian auto market, German major Bosch has decided to step up its investment in the country and expand its local development and manufacturing activities.
“The company, which will have invested over Rs 1,800 crore between 2005 and 2008, will now invest additional Rs 850 crore by 2010,” Bernd Bohr, member of the Bosch Board of Management and Chairman of the Automative Group, told a press conference here today. More
Courtesy:economictimes.indiatimes.com
Force Motors has announced the launch of two new models of commercial vehicles ? Traveller New Facia and Traveller Strong in Andhra Pradesh.
Announcing the launch, Mr Ravinder Singh, President of Force Motors (formerly, Bajaj Tempo) said they expect to boost the commercial vehicles market in the State. More
Courtesy:www.indiacar.net
Bosch parts for Bajaj-Renault small car likely
Published December 6th, 2007 in Tata Motors and Bajaj auto. 0 CommentsBosch, formerly Mico Bosch, is likely to supply fuel-injection systems for the Bajaj-Renault sub-$3,000 small car. The German auto component maker, incidentally, also supplies similar systems to the Tata small car and Bajaj Auto’s (BAL) motorcycles.
BAL and French automaker Renault’s small car is likely to hit the roads in early 2010. “While we never talk about our customers, we are very keen to feature on more OEM suppliers’ lists to achieve economies of scale,” said Bosch automotive group chairman Bernd Bohr. More
Courtesy:economictimes.indiatimes.com
Europe’s largest carmaker Volkswagen will announce its plans for the Indian market at the Auto Expo to be held here in January next year, where it will also showcase a sports utility vehicle and a concept car.
In its maiden entry at the Auto Expo, Volkswagen would display its latest range of product line, including the premium sedan Passat which has been rolling on Indian roads since its launch in September 2007. More
Courtesy:www.indiacar.net
Tata Motors says Thai production to begin early next year
Published December 6th, 2007 in Tata Motors. 0 CommentsLeading auto maker Tata Motors said on Thursday it would begin production of pick-up trucks in Thailand early next year on the back of steady demand in Southeast Asia.
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Courtesy:economictimes.indiatimes.com
