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Tata Motors Ltd has raised the price of trucks and buses by an average of 3.5 per cent from April 1 to offset higher raw material costs, a company spokesman said on Monday.
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Courtesy: www.indiacar.net

The German luxury car making group BMW sold a record 350,000 vehicles in the first quarter of 2008, it said on Monday, pointing to a boom in demand in India.
BMW reported overall sales of 351,787 units, an increase of 5.7 percent from the first quarter of 2007, a statement said. More
Courtesy: economictimes.indiatimes.com

Tata Motors acquired the Japanese auto giant Nissan`s Pretoria-based manufacturing plant for an undisclosed amount, reports Economic Times.
The Nissan plant, which has been unused for a while, was acquired by Tata`s Africa Holdings. The acquisition is part of Tata Motors` (Q, N,C,F)* strategy to get into assembly and manufacturing in its important export markets. Currently, […]

Tata Motors is developing a new steering system for its cheapest car, Nano, to make it more cost competitive.
The Delhi-based auto component maker Sona Koyo Steering Systems is the original supplier to Nano and had reduced its cost price by 15% by reengineering the product. Now, Japanese component major Showa Steering is understood to be […]

JK Tyres plans to invest Rs 480 crore this year to increase capacities of both its truck and passenger radial tyres, a senior company official said.
“We plan to invest Rs 480 crore to increase our capacity of radial tyres,” the company’s President Arun Bajoria told PTI here.
He said of the Rs 480 crore investment planned […]

Country’s largest two-wheeler maker Hero Honda said it will invest an additional Rs 150 crore in the current fiscal to scale up capacity at the company’s new facility here that was inaugurated on Tuesday.
The plant would have an initial installed capacity of half a million bikes per year and would be increased up to a […]

Suzuki Motors’ next world car will come from its venture at Gurgaon, near Delhi, by the end of 2008, Shinzo Nakanishi, managing director of Maruti Suzuki India, has said.
“The new model will be launched by end-2008,” he said. “To begin with, we have plans to export 100,000 units of the new model annually to Europe […]

Automotive components manufacturer, Emcon Technologies India, today announced that it was setting up a plant in Singur, West Bengal, to manufacture exhaust systems for Nano, the low-cost car from Tata Motors.
C S Patel, CEO of Anand Automotive Systems,which holds 26 per cent stakes in a joint venture (JV) with the US-based Emcon Technologies, told reporters […]

THE growth in the four-wheeler industry witnessed a slowdown in the first quarter of 2008 while the two-wheeler sector continued to bleed due to high interest rates and stringent financing norms.
Passenger cars clocked low volumes. In March 2008, Maruti reported a 2.1 per cent decline in volumes while Hyundai’s i10 wrested the market share in […]