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Archive for December 29th, 2007

Kinetic launches new scooter Flyte; to sell 75,000 units

Published December 29th, 2007 in Bikes. 0 Comments

Reeling under heavy losses, two-wheeler maker Kinetic Motor Co (KMC) on Friday rolled out its 125 cc gearless scooter Flyte in an attempt to revive fortunes in the 7.8 million unit strong Indian market.

Flyte, which was launched in select North Indian markets two months ago, is the first product to be developed jointly by KMC and its Taiwanese partner Sanyang Motor (SYM). More
Courtesy:economictimes.indiatimes.com

Hero Honda`s third unit to commission on time

Published December 29th, 2007 in Bikes. 0 Comments

Top two-wheeler maker Hero Honda`s (Q, N,C,F)* third facility is expected to be commissioned on time despite the slowdown in motorcycles market, reports Business Line.

The facility is expected to open within four months and no further delay is likely. More
Courtesy:www.indiacar.net

Bajaj, Renault to decide on low-cost car by Jan end

Published December 29th, 2007 in Bajaj auto, Nissan and Renault. 0 Comments

Bajaj Auto and Renault-Nissan are likely wrap up the ongoing feasibility study and joint venture talks on the ultra low-cost car by the end of January. According to auto industry sources, the talks are progressing and there have been some ‘high-level’ visits from both sides.

“The final decision will come by the end of January,” said a top source. The discussions between Renault-Nissan and Bajaj Auto cover everything from badging, distribution, sourcing to investments, plant sites and engineering decisions. More
Courtesy:economictimes.indiatimes.com

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