Archive for March 7th, 2008
In order to introduce new cars to meet rising competition and upgrade its existing model line-up, passenger car market leader, Maruti Suzuki India (MSI) has stepped up its effort on the the research & development (R&D) front. It has increased its R&D strength by 45% to 430 engineers in the last three months and plans […]
New version of Honda?s Accord to roll out by June
0 Comments Published March 7th, 2008 in Honda India.Honda Siel Cars India Ltd will launch a new version of its Accord variant in May-June this year. The premium car manufacturer has also lined up the launch of a hybrid version of the Honda Civic and a new version of the Honda City in the months thereafter, according to Mr Kuldip Nayar, Chairman of […]
Bajaj Auto cuts motorcycle prices by upto Rs 3,000
0 Comments Published March 7th, 2008 in Bajaj auto.
Bajaj Auto reduced the prices of its various motorcycle models by up to Rs 3,000, reports DNA.
The move came after the Finance Minister P Chidambaram`s proposal of cutting excise duty on two-wheelers from 16% to 12%, however the company has reduced the prices over and above the duty cut, in order to give more push […]
Yamaha forms Indian motorcycle venture with Mitsui
0 Comments Published March 7th, 2008 in Bikes, Yamaha motor.
Yamaha Motor, the world’s second-largest motorcycle maker, will set up a joint venture with Mitsui Corp to produce motorcycles in India.
Yamaha plans to replace its money-losing Indian motorcycle business with the new venture, called India Yamaha Motor, the Iwata City, Japan-based company said on Wednesday. The unit ill begin operating in April. More
Courtesy: […]
Aimed at catering to the needs of “new age” customers, Honda Motorcycle and Scooter India Pvt Ltd (HMSI) on Monday unveiled ‘Aviator,’ a new premium automatic scooter, with a sale target of one lakh units during 2008-09.
The new product, fourth from the stable of Honda in scooter segment after Activa, Dio and Eterno, is set […]
Logan overtakes City, Verna and SX4 in Feb
0 Comments Published March 7th, 2008 in Mahendra&Mahendra.Utility vehicle major Mahindra & Mahindra’s (M&M) foray into the sedan segment is bearing fruit. It sold 2,753 units of Logan in February, claiming the second position in the segment, leaving behind its traditional mid-segment rival sedans like Honda City, Hyundai Verna and the Maruti Suzuki SX4. More
Courtesy: economictimes.indiatimes.com
Small car, two-wheeler manufacturers welcome excise reduction
0 Comments Published March 7th, 2008 in Bikes.Manufacturers of midsize and premium cars say the proposal will further skew the market in favour of small cars
Agencies New Delhi: It was a mixed bag of response from the automobile industry towards finance minister P Chidambarams budget proposal to cut excise duty on small cars and two-wheelers. Even as small car makers are gearing […]
Ford, Tata likely to sign Jaguar MoU within 2 weeks
0 Comments Published March 7th, 2008 in Ford India, Tata Motors.Tata Motors is expected to sign a memorandum of understanding to buy Ford Motor Co’s luxury UK brands Jaguar and Land Rover in the next two weeks, a labour union negotiator said on Friday.
There are no roadblocks holding back the deal, but negotiations have proved complex, added Dave Osborne, national secretary for vehicle building at […]
Maruti Suzuki India Ltd has just completed a programme to ramp up capacity at its fourth and newest plant at Manesar. By the end of March, the company will be able to roll out 1.7 lakh units per annum from this facility, up 70 per cent from the installed capacity. More
Courtesy:www.indiacar.net