New union president elected for
Maruti Suzuki by polls.
TATA unveiled the Tata Ace at the
show with a petrol engine, instead of the diesel engine that has garnered it
success in India. The petrol engine in the Ace in Philippines is the same 624
cc 2-cylinder MPFI engine found on the Tata Nano.
Japan’s Toyota
Motor Corp. said production at its two Indian plants has fallen by
half as many of its unionized workers remain off the job over a pay dispute. Production
has declined 50% to 350 cars from 700 cars a day,
Lubrizol Corporation has announced
the groundbreaking for a new TempRite chlorinated polyvinyl chloride (CPVC)
compounding plant in Dahej in India’s Gujarat state. The estimated investment
in the new plant is more than $50 million U.S (Rs 299 crore approx.), and it
will have the capacity to produce approximately 55,000 metric tons of compounds
annually, according to a company statement.
Honda Mobilio will be built at
Honda's Greater Noida facility. In fact, the Tapukara plant will build the new
Jazz hatchback, which was displayed at the 2014 Auto Expo along with the
Mobilio.
Volvo Dynamic Steering makes the
truck driver’s job both safer and more comfortable. Now six of the people
behind the unique system have received the Volvo Technology Award 2014, which
was handed over by president and CEO Olof Persson at AB Volvo’s annual general
Tata Motors is taking its brand
places. Following the entry of Tata into Thailand and Philippines, Jaguar Land
Rover has announced its entry into Myanmar.
Continental recently launched truck and buses tyres in India and now gearing up
to introduce a complete range of passenger vehicle tyres.Nikolai Setzer, head
of tyre division at the 33-billion conglomerate Continental AG speaking to ETAuto's Nabeel
A Khan,said that Asia Pacific offers great opportunity for the company and it
is open to acquisition to further enhance its presence in this market.
Investment fund Blackstone
will buy US auto parts maker Gates Global for $5.4 billion, the owners of the
company said Friday.
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