Mahindra & Mahindra is sniffing around for deals but this time it’s in the two-wheeler segment. The utility and tractor major, which recently picked up Kinetic’s two-wheeler business for Rs 120 crore, is reportedly in talks with Italian motorcycle and scooter maker Malaguti Moto for a possible takeover. Read more
Courtesy: economictimes.indiatimes.com
Honda Motor Co is looking beyond Brazil, India and other big emerging economies for the next phase of growth at its motorcycle business by working its way into markets where small, no-name Chinese and Indian brands have grabbed the lead.
Honda, the world’s top motorcycle maker with a share of roughly 30 percent, has been growing [...]
Legend has it that hearts beat faster at pit stops. And they miss a thump when the famous five, Bugatti Veyron Sang Noir, Lamborghini Reventon, Koenigsegg CCX, SSC Ultimate Aero and Spyker C12 Zagato, zip past at 300 kph.
These are arguably the most expensive and fastest cars available today. And given the latest craze for [...]
Automaker �koda India has emerged the leader in overall customer satisfaction, according to the J.D. Power Asia Pacific 2008 India Sales Satisfaction Index (SSI) study with an overall score of 799. The company has received the award for the second consecutive year. ��koda customers are particularly satisfied with the salesperson and the sales initiation process,� [...]
The race between General Motors Corp and Japanese rival Toyota Motor Corp to produce a rechargeable car is meaningless because the companies’ vehicle designs are so different, GM’s top product executive said Thursday.
Vice Chairman Bob Lutz said Toyota’s plug-in hybrid has a much shorter electric range than the Chevrolet Volt and must use a gasoline [...]
The utility and tractor major, Mahindra & Mahindra, which recently picked up Kinetic`s two-wheeler business for Rs 1.2 billion, is in talks with Italian motorcycle and scooter maker Malaguti Moto for a possible takeover, reports Economic Times. More
Courtesy: indiacar.net
The Rs 9,600-crore diversified Murugappa Group is gearing up to roll out about five electric bikes in October and is firming up dealerships in south India.
The company plans to follow the launch of the bikes with higher capacity ones, Mr K.B. Srinivasan, General Manager, BSA Motors, part of the Murugappa Group, said. More
Courtesy: [...]
Chrysler LLC is exploring strategic options for its Dodge Viper sports car business as the struggling US automaker tries to raise cash to ride out a deepening US auto downturn.
“We have been approached by third parties who are interested in exploring future possibilities for Viper,” Chief Executive Bob Nardelli said on Wednesday in a memo [...]
Aston Martin has released scant details and sketches of its new super car codenamed One-77 that will sell for at least 1.3 million euros excluding tax ($1.95 million), making it the most expensive car on the market. More
Courtesy: economictimes.indiatimes.com
Tata Motors’ factory to manufacture the world’s cheapest car, Nano, here continued to remain under siege for the fourth day today, as the opposition Trinamool Congress announced stepping up protests seeking return of farm land from the industrial house. More
Courtesy: indiacar.net
General Motors Corp plans to launch a new small car in India in the second half of 2009, but has no plans to take on Tata Motor’s low-cost Nano, its India head said on Thursday. More
Courtesy: economictimes.indiatimes.com
Lumax Industries expects three greenfield projects to come on stream by the next quarter and has recently bagged orders worth 600 million rupees from two customers, a top official told a news channel. Read more
Courtesy: indiacar.net
Vendors for Tata Motors’ Nano car would back Tata in the eventuality of a pull-out from Singur in West Bengal, but said they were not aware of a deadline for a relocation of the plant. Read more
Courtesy: indiacar.net
Tata Motors on Tuesday said it would expand the footprint of Jaguar and Land Rover in India within a span of one year.
Rajiv Dubey, President (passenger car business), TML, told reporters at the launch of the Indica Vista here that the two premium European car brands definitely have a market in India.
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Courtesy: indiacar.net
Karnataka on Wednesday joined several other states when it invited Tata Group to shift its small-car project from West Bengal’s Singur to the state’s Dharwad area where the firm already has a manufacturing plant.
The state cabinet chaired by Chief Minister B S Yeddyurappa, decided to invite Tata Group Chairman Ratan Tata to consider shifting the [...]