News

VW to buy nineteen point nine percent stake in Suzuki

19 February, 2010

The objective is to face the increasing costs of product development under stringent environmental regulation and access to newer markets. The consequences of consolidation, feel experts, is lean and mean and streamlined assembly capacity. In the cas..

VW launches Beetle Touareg in India

19 February, 2010

Volkswagen said it would also import the Touareg at a landed cost of Rs 51.85 lakh (ex-showroom Delhi). The SUV is equipped with a 3 litre V6 TDI (diesel) engine with 6-speed DSG gearbox. Touareg sports a permanent all-wheel drive, coupled with the e..

Tata Motors reports Rs twenty one point seventy eight crore Q2 profit

19 February, 2010

However, Tata Motors’ consolidated gross revenue for the quarter ended 30 September, 2009, dropped 8.89 percent compared with gross revenue of Rs 23,936.89 crore in the corresponding period last year...

Pioneer Alloy enters into technology pacts with Japanese German firms

19 February, 2010

At present, Pioneer produces castings for OEMs like Mahindra & Mahindra (M&M), Eicher Motors, New Holland, Same Deutz-Fahr India, TAFE, Ashok Leyland, Kone, Volvo Eicher and Escorts. According to the company, the new CNC machines would take t..

November sales scale new heights grow forty point eight percent

19 February, 2010

Total vehicle sales rose 45.8 percent in the domestic market to amass 1,037,133 units, against 711,363 units in the same period last year. The Society of Indian Automobile Manufacturers (SIAM) said the sales were the highest for the current year, tak..

Mahindra Navistar Automotives MNALalready profitable at operational leve

19 February, 2010

Starting late 2005, a team of over 200 engineers laboured tirelessly for over three years at the Mahindra Navistar Global Engineering Centre in Chinchwad, Pune. Their focus was both singular and multi-pronged...

India Japan Lighting diversifies to supply two wheeler CV lamps

19 February, 2010

In the commercial vehicle (CV) segment, IJL has bagged the mandate to supply headlamps for German truck major Daimler, who plans to roll out new vehicles from its upcoming plant at Oragadam, near Chennai, sometime around 2011-12..

HMSI s 110 cc Twister launched

18 February, 2010

The company has not disclosed the exact price of the vehicle but said that it is expected to be priced around Rs 42,000 (ex-showroom, Delhi). The exact price of the bike will be announced Delhi Auto Expo in January 2010...

GM SAIC tie up to enter LCV space in India

18 February, 2010

SAIC and GM, which currently operate eight joint ventures in China, have formed a new 50-50 joint venture investment company, General Motors SAIC Investment. Situated in Hong Kong, it will facilitate their expansion efforts...

Same Deutz Fahr India plant to become global sourcing hub for engines

18 February, 2010

We are moving our engine models from Italy to India in a phased manner. The process will be completed by 2010 end,’ said Managing Director, SDF India, Gopi Nambiar...