Reflecting the woes of the Indian automobile industry, the
country's car exports remained flat at 5,50,466 units in 2013-14, during which
domestic sales fell for the second consecutive year. Car exports stood at
5,47,222 units in 2012-13, according to data from the Society of Indian
Automobile Manufacturers (SIAM).
Suzuki China revealed the near production version of the Maruti Ciaz in the
form of the Alivio Concept that made its debut at the 2014 Beijing Motor Show
today. The Ciaz (pronounced as chii-aaz) was showcased in the form of the
Authentics concept last year, while in India it was showcased as the Concept
Ciaz earlier this year at the 2014 Auto Expo in Delhi.
Bajaj Auto has emerged as the worst performer in two wheeler,
followed by Suzuki Motorcycles and TVS in two-wheeler sales in the financial
year 2014. The home grown company's sales dipped by 14 per cent at 20, 99230
units compared to 2463863 units in the previous fiscal year, according to the
data released by Society of Indian Automobiles Manufacturers.
China is set to surpass the United States to become Volvo
Car Group's biggest market in 2014 with sales of at least 80,000 cars in the
world's largest auto market.
General Motors, undeterred by slowing growth in China,
announced plans to plow $12 billion into the country by 2017 and boost capacity
65 percent by 2020.
Germany's BMW is getting closer to deciding whether it will
build a new factory, its board member Ian Robertson said on Sunday, as the
luxury carmaker expands capacity to meet demand in key markets."We are in
the final stages of deciding where the plant will be," Robertson told
reporters at the Auto China show in Beijing on Sunday.
It is no secret anymore that TVS has signed a deal with BMW
to make motorcycles for them. Although there are still secrets to the many
unanswered questions from the media and the enthusiasts when asked to both parties.
TVS signed an agreement saying that they will use technology to take the same
bikes and put their badge on it too. Motorcycles will be from the sub-500cc
segment, which is an extremely booming segment as we speak.
GM has unveiled the all-new next generation Chevrolet Cruze
at the 2014 Beijing Auto Show. Designed taking cues from the Chevrolet Tru
concept showcased here two years ago, the model sports a “dual-mesh” grille and
peeled headlamps.
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