Archive for January 22nd, 2008



Indias largest two-wheeler maker by volumes, Hero Honda Motors Ltd, said starts production in April.
The move comes from the company’s decision to use the half-a-million-a-year capacity of the Haridwar factory to make as many motorcycles as possible because of the fiscal incentives that the facility is eligible for, and indicates that Hero Honda does not […]



Volkswagen, Europe’s largest car maker on Monday signed a partnership agreement with city-based PCH Group, making it the first authorised dealer for Volkswagen in Bangalore and announced the entry of the Rs 25 lakh Passat sedan in the Silicon city.
The PCH group will invest around Rs 50 crore towards setting up two world class showrooms […]

Piaggio entering 2-wheeler market



The Piaggio Group is revving up to drive into the Indian two-wheeler market.
Mr Roberto Colaninno, Chairman, said Piaggio would be setting up a new two-wheeler manufacturing facility at Baramati in Maharashtra. ?We expect to roll out our first batch of two-wheelers in 2009-10,? he told press persons here on Tuesday.
Mr Colaninno also indicated that the […]

Tata Motors plans new dealerships



Enthused by rave reviews that its Rs one lakh car Nano got at the Auto fair recently, the country’s largest automobile company Tata Motors is embarking on a dealership network expansion drive.
The company has invited applications from interested parties to be its dealers in the Delhi and National Capital region. Read more
Courtesy:economictimes.indiatimes.com



Piaggio will step up production in India and launch scooters in a market that is set to play a greater role in the Italian firm’s global operations, its chief executive said on Tuesday.
Faced with a stagnant market in Europe, Piaggio is investing in China, India and Vietnam, and expects Asia’s contribution to total sales at […]



Tata Motors Ltd , India’s top vehicle maker, has signed a development contract with Chrysler LLC for electric vehicles, according to media reports on Wednesday, citing unnamed industry sources.
The deal, with the US carmaker’s Global Electric Motorcars unit, is for an electric version of Tata’s mini truck Ace that would be sold in the United […]



JCB India, a fully owned subsidiary of UK-based JC Bamford Excavators Ltd, has announced that it would be investing Rs 300 crore to double the capacity at its Ballabgarh plant in Haryana.
?The company is investing ?36 million (Rs 300 crore) for doubling the capacity of our Ballabgarh plant in addition to spending ?2.5 million (Rs […]