Indian Oil Corporation (IOC) has announced a
price cut of 75 paise per litre for petrol. The revised prices for petrol came
into effect from midnight of March 31.
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Fiat Chrysler Automobiles (FCA) will be able to
make more than 6 million cars a year by 2018 as its strategy focused on
relaunching the Alfa Romeo and Maserati marques bears fruit, its chief
executive said on Monday.
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Tata Motors and Narain Karthikeyan team up to
develop new breed of cars. As said by an official company source, Narain will
contribute not just at the conceptual stage, but also with the testing of
prototypes. His key role would be to pass feedbacks in order to make Tata
vehicles more competitive in comparison to its rivals.
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American bike maker Harley-Davidson has joined
the league of rival Royal Enfield in commanding a longer waiting period for its
motorcycles in India. Powered by a lower price tag on account of intense
localisation, Harley's new launch Street 750 comes with an under R5-lakh price
tag and a waiting period of three months.
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Mahindra & Mahindra (M&M) will take
fresh guard under Pawan Goenka and Rajesh Jejurikar to kickstart its fledgling
twowheeler business.M&M's two-wheeler business is still a fringe player in
a market dominated by HeroMotoCorp, Honda and Bajaj.
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The last six-speed automatic transmission for
passenger cars rolled off the assembly line in the Saarbrücken plant in Germany
last month, delivered for a Jaguar model. Over the past 13 years, over seven
million units of the 6HP have been produced at the ZF location in Saarbrücken
over the last 13 years.
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India's largest bike-maker Hero MotoCorp has
just launched a face-lifted version of Pleasure automatic scooter in two
variants.
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