Courtesy: economictimes.indiatimes.com
Archive for May, 2008
Courtesy: economictimes.indiatimes.com
Honda to launch small car from Rajasthan unit
Published May 14th, 2008 in Honda India and Launches. 0 Comments“We plan to enter the small car market, which will be manufactured at our new unit coming up in Rajasthan in two years time,” Honda Siel Cars India’s President and CEO, Masahiro Takedagawa told reporters on the sidelines of a press conference on Wednesday. More
Courtesy: www.indiacar.net
Yamaha introduces G5 bike with electric start
Published May 14th, 2008 in Bikes and Yamaha motor. 0 CommentsCourtesy: economictimes.indiatimes.com
Toyota considers new plant to make low-cost, small cars
Published May 14th, 2008 in Toyota India. 0 CommentsThe automaker, which has announced plans to open a small-car plant in India, is in the early stage of planning for a second factory in an emerging country, a company spokeswoman said on condition of anonymity, citing policy. More
Courtesy: economictimes.indiatimes.com
Honda launches 8th Generation Accord in India
Published May 13th, 2008 in Honda India and Launches. 0 CommentsHonda Siel Cars India on Tuesday announced the launch of its 8th Generation Honda Accord in India. The new Honda Accord will be available in three types - Accord 2.4, Accord 2.4 Elegance and Accord 2.4 Inspire. More
Courtesy: economictimes.indiatimes.com
Bajaj Auto, France?s Renault and Japan?s Nissan will sign a formal agreement next month for making their proposed small car in India, scheduled to be launched by 2011. According to sources close to the development, the yet-to-be-named ultra low-cost car ? said to challenge the Tata Nano ? would have most of the features of the concept car that was displayed at the Auto Expo in January and would be priced at $2,500 (slightly more than Rs 1 lakh), even in 2011.
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Courtesy: www.indiacar.net
Honda Siel Cars India will review its sales target of 90,000 units in the country for the fiscal 2008-09 in view of the “unpredictable market conditions”.
The auto maker had said earlier it would sell around 90,000 cars in 2008-09 in the country.
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Courtesy: economictimes.indiatimes.com
Ashok Leyland, JBM Auto enter into strategic alliance
Published May 13th, 2008 in Ashok Leyland. 0 CommentsAuto major Ashok Leyland on Monday said it has signed an agreement with component maker JBM Auto for setting up a manufacturing unit entailing an investment of Rs 100 crore at the company’s upcoming plant in Uttrakhand.
JBM Auto would hold a majority share in the strategic alliance with 74 per cent, while Ashok Leyland would hold 26 per cent. The estimated investment in the JV is around Rs 100 crore and there would also be large pressing and welding facilities, a statement issued by the auto major said. More
Courtesy: www.indiacar.net
Ford Motor Co has started operations at its engine assembly plant in India, the US carmaker said on Tuesday, as it seeks a bigger share of the fast-growing market.
The plant, near Chennai, will initially make 60,000 engines annually for its Fiesta and Fusion models, starting with the 1.4-litre diesel Duratorq engines, it said. More
Courtesy: economictimes.indiatimes.com
Mahindra launches Pik Up Double Cab in Paraguay
Published May 13th, 2008 in Launches and Mahendra&Mahendra. 0 CommentsHomegrown auto major, Mahindra and Mahindra on Monday announced the launch of its Pik Up Double Cab in Paraguay, in partnership with the Rieder Group of that country.
“The Mahindra Pik Up Double Cab is part of our global range of vehicles and has been successfully launched in several markets in South America, including Peru, Chile and Brazil… the Pik Up is well suited for the international market and I am sure that the vehicle’s unique value proposition will also appeal to customers in Paraguay,” M&M International Operations Executive Vice President P N Shah said in a statement. More
Courtesy: www.indiacar.net
