Archive for August 9th, 2008

Skoda to upgrade technology in petrol variants of Fabia

Saturday, August 9th, 2008

Czech automaker Skoda said on Saturday that it is upgrading its technology in two petrol variants of Fabia car for better fuel efficiency. “We have decided to upgrade our current technology in two petrol variants of Fabia so that our customers get better fuel efficiency from our cars,” Skoda said in a statement. […]

Indian riders shy away from superbikes

Saturday, August 9th, 2008

Superbikes may be fast. But in India, speed doesn’t matter. After big-ticket bike makers such as Ducati and Yamaha failed to make an impact with their much-hyped superbike launches, it is now the turn of domestic biggie Bajaj Auto to shy away from the fat cat segment of the two-wheeler market.
Sample this: In the last […]

Federal Mogul to build new India components plant

Saturday, August 9th, 2008

US auto parts maker Federal-Mogul Corp is building a new facility in Chennai to make friction components from September 2009, it said in a statement late on Thursday.
The plant will make brake and friction components for light vehicles, commercial vehicles and railways for the local market as well as export, it said, but did not […]

GM India to double its production in India

Saturday, August 9th, 2008

General Motors India, the automobiles major has invested USD 300 million in its Gujarat plant where the existing facility of 60,000 units had been increased to 85,000 units, Karl Slymn, president and MD, GM told presspersons here today. More
Courtesy: economictimes.indiatimes.com

Sales of cars, SUVs crash

Saturday, August 9th, 2008

For the first time since 2005, passenger vehicle sales, including cars and utility vehicles, are registering an absolute decline. Although the rate of growth has been falling since April 2008, its only in July that sales were 3% less than the previous comparable period.
Sales grew by a robust 19.8% in April, fell to 14.5% in […]

Car companies raining discounts to lure customers

Saturday, August 9th, 2008

It�s raining discounts in Motown. Fighting sluggish demand and rising interest rates, car companies are doling out huge rebates to lure customers into their showrooms. In fact, the discounts are now no longer seasonal and continue right through the year.
Maruti Suzuki is offering a discount of up to Rs 47,000 under its �Freedom on Wheels� […]