Toyota, the world’s largest car maker, today launched the ‘New Camry’- a new variant of the luxury sedan Camry in India and is targeting 500 units of this model to hit the Indian roads this year.
The New Camry is dearly priced in the range of Rs 21.26-23.40 lakh and would be available in four grades, [...]
Launching its latest multi-axle vehicle (MAV) 3116, the Hinduja Group�s flagship commercial vehicle manufacturer, Ashok Leyland Ltd, on Thursday said that its Rs 1,300-crore greenfield plant at Pantnagar in Uttarakhand is set for commissioning by March 2010.
The Pantnagar plant will focus on medium and heavy vehicle platforms.
Based on the feedback from customers on 3121 8×2 [...]
Every fourth new car buyer in the US is now ready to buy the next vehicle from India or China, threatening to challenge the dominance of Japanese and Koreans in the American auto market, according to a new survey.
The “Opportunity for Chinese and Indian Brands in the USA” survey by AutoPacific shows that 15 percent [...]
Automobile major Mahindra & Mahindra is looking for new launches for growth, chairman of the company Keshub Mahindra said here on Thursday.
Addressing the 63rd annual general meeting of the company, Mahindra said last fiscal was very difficult. Many internationally big automobile companies suffered heavily. However, Mahindra managed to augment its growth by launching new models [...]
Tata-owned Jaguar Land Rover is mulling over building all its future cars with light weight aliminium bodies for reducing input costs
as the two British marquees are trying hard to come out of the more than Rs 1,700 crore loss in 2008-09.
The two iconic brands are also developing hybrid engines for use in future models of [...]
Hero Honda Motors, the world`s largest two wheeler manufacturer today announced a rise of 83.28% profit in the net profit for the quarter ended June 2009, beating analysts expectation.
During the quarter, the company reported a profit of Rs 5,001.10 million as against profit of Rs 2,728.70 million for the quarter ended June 30, 2008. The [...]
Jaguar Land Rover (JLR), the marque brands acquired by Tata Motors from the Ford Motor Company in June 2008 needs “cost reduction and reduction of development and productionising time†as the global recessionary trends have seen a sharp fall in luxury vehicle sales.
The challenge for Jaguar Land Rover “will be to sustain operations through this [...]
The Volkswagen Group extended its global market share in the first six months of 2009. In a difficult economic environment, Europe�s largest automaker increased its share of the world passenger car market from January to June to 12.0 (1st half year 2008: 9.9) per cent.
3,100,300** (3,265,200*; -5.0 per cent) vehicles were delivered to customers during [...]
For commercial vehicle major Ashok Leyland, 2008-09 was one of the worst years in its 60-years history. But, “the worst is behind us and
first green shoots of growth is visible,†noted the Hinduja Group flagship company MD R Seshasayee.
Ashok Leyland (ALL) reported a net profit of Rs 190 crore for the year ended March 2009 [...]
Rolls Royce Motor Cars, the UK-based manufacturer of luxury automobiles, sees India emerging as its most important market in the next five to 10 years, and is looking at using parent BMW’s supplier network in India to source components.
The super-exclusive British marque, which sells cars on the basis of pre-determined quotas in low-volume markets, seems [...]
Within 10 months of starting production of its KB-series engines, the country’s largest car maker Maruti Suzuki has rolled out over one lakh of these units that power the two small cars, A-Star and Ritz.
Riding on the success of this new fuel-efficient technology, Maruti Suzuki India (MSI) has planned to incorporate KB-series engines in other [...]
Vendors supplying to city-based auto instruments maker Pricol are in a spot with the company shifting its assembly line to
Uttarakhand, Gurgaon and Pune due to labour unrest at its units.
Of the total of 1,100 vendors, 206 are solely dependent on Pricol for business. “We were mutually dependent on each other and therefore didn’t look for [...]
Hyundai Motor India Ltd (HMIL) is considering shifting production of export versions of i20 to a location in Europe. This is primarily to make it competitive in the overseas markets.
Mr H.S. Lheem, Managing Director, HMIL, said currently the company has identified three locations � Czech Republic, Slovakia and Turkey � to manufacture the i20. A [...]
Automobile owners around the world in the near future might drive on tyres that are partly made out of trees – which could cost less, perform better and save on fuel and energy.
Wood science researchers at Oregon State University in US found the potential of microcrystalline cellulose – a product that can be made easily [...]
Honda Motorcycle and Scooter India Pvt Ltd has tied up with Muthoot Capital Services Ltd (MCSL), a division of Muthoot Pappachan Group, to offer instant �need-based financial services� for its two-wheeler customers. The tie-up will enable HMSI to penetrate deep into the semi-urban and rural markets using the services of MCSL�s retail outlets and dedicated [...]