Archive for August 2nd, 2008

Nano effect: Innovation and creative disruption rule

Saturday, August 2nd, 2008

Call it the Nano effect! The ultra-affordable “people’s car” might have launched India as a hotbed of ideas, innovative products and solutions but Ratan Tata has only set the ball rolling. Today, manufacturers across sectors are also trying their hand at serious creative disruption. More
Courtesy: economictimes.indiatimes.com

M&M`s July sales drop to 18,407 units

Saturday, August 2nd, 2008

Mahindra & Mahindra (M&M) sold a total of 18,407 vehicles (Domestic & Exports) in July 2008, as against 19,163 vehicles (Domestic & Exports) sold in July 2007.
The company exported 1,105 units in July 2008, as against 627 units exported in July 2007.
Read more
Courtesy: indiacar.net

Car sales flat, bikes fare better

Saturday, August 2nd, 2008

The slowdown has hit Motown. Rising inflation and interest rates, and lower availability of finance have pushed auto demand into skid row as sales for most car companies remained flat in July.
Maruti Suzuki, car market leader, saw its sales increase by 0.1% to 52,911 in July this year against 52,839 in the same month last […]

Maruti July`08 vehicle sales up marginally 1.09%

Saturday, August 2nd, 2008

Car market leader Maruti Suzuki India registered marginal rise of 1.09% in monthly sales of vehicles for the July 2008. The company sold 58,543 vehicles in July 2008 as against 57,909 vehicles sold in July 2007. Read more
Courtesy: indiacar.net

Renault partners to get Bajaj ULC gains

Saturday, August 2nd, 2008

The Bajaj-Renault ultra low-cost (ULC) car project will spawn products that will be on offer for some of the French auto major’s global partners as well. Bajaj Auto MD Rajiv Bajaj told ET :
“The products born out of this venture will be available for all global partners of the Renault-Nissan alliance. At an […]

Car biggies domestic sales come to a grinding halt; bikes up

Saturday, August 2nd, 2008

The worst fear of automobile industry has come true with country’s top two car makers, Maruti Suzuki and Hyundai Motors India, reporting flat domestic sales in July amidst concerns of high interest rates, rising fuel costs and lack of finance availability.
Two-wheeler sales, however, managed to beat the monsoon blues with market leader Hero Honda posting […]