- Production at Shriram Pistons & Rings’ (SPR) Alwar plant in Rajasthan has been hit due to a worker strike. It is understood that the workers at the plant are looking to form a union, a move which is being resisted by the company management.
- The country’s largest carmaker Maruti Suzuki has lost its position of the second-largest exporter to another Japanese player Nissan in FY14, even as its South Korean rival Hyundai retained its position as the top car exporter in the fiscal. Hyundai is also the second-largest domestic carmaker.
- Maruti Suzuki will launch its first-ever small commercial vehicle in January 2015, as opposed to the 2017 timeline initially proposed. A report on Mint says that the project has been advanced in order to catch the competition.
- Two wheeler major TVS Motor has rolled out the new Star City+ from its factory at Hosur in Tamil Nadu. The new bike would be formally launched nationwide in the first week of May, said sources in the industry.
- Tata Motors is set to introduce a new small hatchback by 2015 in the range of Rs 3-4 lakh. This new car will be the company's latest B segment offering that will compete with the present segment leaders Hyundai i10 and Maruti Suzuki Wagon R. The new car will be based on the 'X0' platform; it is the same platform which underpins the Indica eV2.
- India’s largest car maker, Maruti Suzuki has been working on developing an all-new 800cc diesel engine that will power the company’s first light commercial vehicle (codenamed Y9T) set to launch next year. The new diesel engine is vital for the company because the engine will find application not only on the Y9T LCV, but also a range of products in Maruti’s portfolio. Maruti Suzuki is also working to introduce the new engine in the Eeco van that will take on the diesel low-cost passenger carriers from Tata and Mahindra’s stable in the segment.
- The imported steel used in manufacturing cars will be made locally available by Bellary based JSW steel.On Wednesday, the steel major formally announced the commissioning of its state-of-the-art Cold Roll Mill (CRM-2) plant to manufacture high-end products like automotive grade steel at its Vijayanagar plant in Toranagallu, about 350 km from Bangalore. This is the first such facility in the country to manufacture outer body panels for passenger cars.
- General Motors has announced the restructuring of its Global Vehicle Engineering module to improve cross-system integration, deliver more consistent performance across vehicle programs and address functional safety and compliance in its vehicles
- Johnson Controls Inc reported a 59 percent jump in quarterly profit, helped by higher sales in its automotive unit.
- French automaker Renault has frozen a project to make commercial vehicles with Russian company Zil because of the fall of the ruble, a Renault spokeswoman said on Wednesday.
- Top officials at Mahindra-owned Ssangyong Motor have revealed to a media gathering at the 2014 Beijing Auto Show this week that the Ssangyong X100, previewed by the Concept XLV, will be launched next year.
- Suzuki Motor Corporation’s subsidiary Pak Suzuki Motor Co has started production and sales of the Wagon R in Pakistan from April 20 .
Picture from Motobash.com
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