Tuesday, 8 April 2014

Automotive Update - 08/04/2014

·         The country's largest carmaker Maruti Suzuki India is likely to recall about one lakh units of its compact sedan Dzire to replace a faulty fuel tank part. 

·         MRF has topped the J D Power Asia Pacific 2014 India Original Equipment Tire Customer Satisfaction Index (TCSI) Study. With a score of 850 points, the tyre maker has ranked highest in overall customer satisfaction for a fifth consecutive year.

·         According to a report on Autocar India, Toyota Kirloskar Motor (TKM) will launch the Toyota Etios Cross on May 7. 

·         German automaker Volkswagen said sales at its core passenger-car brand rose 4.8 per cent in March to 557,800 vehicles as growing demand from Europe and Asia outweighed declines in the Americas.

·         Vehicle owners in India who have to replace their tires prefer to repurchase the same brand of tires that were factory-installed on the vehicle when it was new, according to the J.D. Power Asia Pacific 2014 India Original Equipment Tire Customer Satisfaction Index (TCSI) Study SM released today.

·         Hover Automotive India (HAI), Nissan Motor India’s former sales and distribution partner in the country, is winding up its operations, less than two months after the partnership was formally ended.

·         Ricardo, the multi-industry consultancy for engineering, technology, project innovation and strategy, and Italian design house EXNOVO have tied up to provide high quality engineering and design services to the world’s leading motorcycle and scooter manufacturers .


·         General Motors Co is expected to announce on Tuesday a $450 million investment plan in two of its Michigan plants to bolster its electric car research and production capabilities.



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