Japanese car-makers Toyota has decided to focus on bigger
cars rather than produce small cars for the Indian market. The revelation was
made by Vikram Kirloskar, Vice Chairman, Toyota Kirloskar Motor Pvt. Ltd.
Kirloskar stated, “Mass market segment is not for Toyota. I think Toyota’s game
will be in bigger car segments such as Corolla's and Innova's segment. We have
tried hard to break the cost-barrier in the small car segment but we have just
not been able to do so.”
The recall of nearly 45,000 Innovas by Toyota on April 9
took the cumulative total of vehicles recalled in India under the Society of
Indian Automobile Manufacturers' (SIAM) Voluntary Code on Vehicle Recall to
over 500,000 vehicles. And with the latest recall of 103,311 Marutis
(comprising 42,481 Dzires, 47,237 Swifts and 13,593 Ertigas
Freescale Semiconductor has introduced a triple-core,
single-chip solution featuring more than 1.7x higher performance than any
currently available automotive instrument cluster MCU. The company claimed that
this solution helps eliminate the need for costly additional processors and
memory chips.
Despite competition hotting up in the recent past,
Chennai-based tyre maker MRF believes that it will continue to lead the
automotive aftermarket segment in India. The company, which sees about 80
percent of its revenue come from the aftermarket, currently has all its eight
plants running at full capacity with 38,000-40,000 tonnes of tyres rolling out
every month.
Mahindra is working on a new variant of Rexton which will be
called as Rexton RX6.
Mercedes Benz will launch new GL63 AMG in India at a grand
event organized in Mumbai tomorrow. This would be the fifth vehicle from the
AMG range making its way into the luxury car segment of the domestic market.
Loss-making German automaker Opel, a unit of General
Motors, could steer back to profit as early as next year, its chief said in an
interview on Monday.
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