The joint venture of auto giants– Renault and Nissan, which had set up a manufacturing facility at suburban Oragadam, would commence commercial production by May 2010, a top company official said here today.
With the commissioning of the unit, Nissan’s total world-wide production would go up to one million units per year, Nissan Motors Executive Vice [...]
Nissan Motor India�s plant near Chennai, which will start rolling out cars from May 2010, will play a key role in the company�s global sales strategy.
Nissan is globally launching its new small car on a fresh platform next year. The sketches of the car will be released in the next few weeks and the car [...]
Charting out ambitious plans for India, Japanese automaker Nissan on Tuesday said it plans to have as many as nine models by 2012 out of which five will be locally made as it aims to garner around five per cent of the market here.
The company along with its French parent Renault is investing Rs 4,500 [...]
Nissan Motors has opened its sixth dealership in the country in Banjara Hills here promising enhanced level of service. The dealership in Hyderabad in the form of Dhanalakshmi Automotives India also marks the company�s ability to reach commercial coverage in about 35 per cent of the national territory with presence across six States. [...]
A number of cars such as Maruti’s Dzire and Ritz, Honda’s City, Hyundai’s i20 and Toyota’s Fortuner SUV have been wiped off shelves in the past ten days and are not available for immediate delivery as demand frenzy during the ongoing festival season has led to stock out situation for car dealers.
Carmakers are now being [...]
India, whose mode of transportation in antiquated cars, was once referred to in German industrial circles as the “world’s bullock Auto Industry
cart”, is now being aggressively courted by German automakers, seen by the enormous attention it received at the International Motor Exhibition here.
Forced by their own financial problems and shrinking demand in traditional markets in [...]
Gujarat has witnessed a surge in luxury car sales on the auspicious occasion of Dussehra, not withstanding the economic slowdown.
“Poeple here have the craze of buying vehicles on Dussehra as it is considered to be an auspicious day and traditionally high sales have been recorded on the day of this festival,” vice-president of Benchmark Cars [...]
Porsche’s four-door luxury coupe sedan, Panamera, will debut in India next week. Launched at the Shanghai International Auto show in Auto Industry
April, the German carmaker’s most expensive sedan is expected to be priced around over Rs 2 crore due to the high import duty.
The front-engine and rear wheel drive (it also has a four-wheel option) [...]
US-based auto component maker Arvin Meritor today said it has opened its first technical centre in India and would be recruiting 100 engineers for the facility as part of its efforts to improve product development.
The new centre at Bangalore would focus on advanced product development initiatives for its components like axles and brakes, which are [...]
India, whose mode of transportation in antiquated cars was once referred to in German industrial circles as the “world’s bullock cart”, is now being aggressively courted by German automakers, seen by the enormous attention it received at the International Motor Exhibition here.
Forced by their own financial problems and shrinking demand in the traditional markets in [...]
Even as car buyers are thronging leading showrooms in the past few days, car manufacturers are contemplating a 2-3% price hike in October, citing rising input pressures. While Toyota , General Motors are planning to hike prices, others like Hyundai and Maruti Suzuki are reviewing the situation. Others such as Honda are relaunching their brands [...]
Tata Motors today said it will start selling the 2010 models of the Range Rover, Range Rover Sport and the Discovery 3 with some Indian feature upgrades from November onwards.
The vehicle manufacturer already sells the Range Rover and Range Rover Sport in India.
“The 2010 models of Discovery, Range Rover and the Range Rover Sport will [...]
Ultra Motor Company (UMC) on Sunday announced the launch of two new electric scooters – Ultra Fun and Ultra Shakti.
The scooters have been designed, developed and manufactured by an international team of expert designers and engineers specifically for urban commuters, a company release here said today.
The release did not mention about the price of the [...]
German car manufacturer Volkswagen
is firming up its plans to launch the popular model ‘Beetle’ in India, a top company official has
said.
“It is an iconic brand and people know more about the car than Volkswagen. It will be brought to Indian as a completely built unit,” Volkswagen India (Passenger car) Board of Directors, Member Neeraj [...]
Public-sector lender, Union Bank on Friday said it has entered into an agreement with automajor, Mahindra and Mahindra to extend finance to the latter’s dealers across the country.
The agreement will extend finance under SRTO scheme for purchase of commercial vehicles and retail finance for purchase of passenger cars, MUVs/SUVs, a press release said.
The agreement will [...]