- In view of souring relation with workers, Bajaj Auto has shifted production of its highest selling Pulsar from Chankan plant in Pune to Aurangabad's Waluj plant.
"We used to produce 80,000 Pulsars a month at Chakan plant which has now been brought down to 45,000 Pulsars a month while remaining has been shifted to Waluj. Earlier we used to produce around 25 percent Pulsar at Waluj which has now gone up to 50 percent," Kailash Zanzari, Vice-President (Motorcycle Manufacturing) told ETAuto over phone.
- Honda Motorcycle and Scooter India launched the Honda Activa 125 in Mumbai today.
- Honda Cars India has started the trial production of its Mobilio multi-utility passenger vehicle (MPV) based on its successful Brio platform at its Greater Noida plant with plans to debut the car over the next two months.
- Expanding its gamut of operations in the country, Brose India, the local arm of the German auto component supplier, the 4.8 billion euro Brose Group, has moved into a bigger facility in Pune, adding further production capacity and R&D capabilities such as new testing, validation and prototyping equipment for speedier product development processes.
- Suzuki Motor Corp’s investments in its proposed Gujarat subsidiary for manufacturing cars for MSIL will see an infusion of an additional Rs 3,000 crore equity. The earlier announcement by Suzuki Motor Corp involved funding the Gujarat plant with equity of Rs 3,000 crore, depreciation and mark-up on the price of the cars sold to MSIL. Following considerable discontent amongst minority investors on the mark-up pricing that would reduce the profits of the carmaker, the mark-up option has now been dropped.
- HMSI's CB Shine touches 30 lakh unit sales milestone
- Panasonic Corp forecast a third straight year of profit growth for the year to next March but at a much slower pace, counting on a re-orientation towards higher-margin industrial products such as car batteries to fuel growth.
- Maruti’s Upcoming 800cc Diesel Engine to be Turbocharged; Launch Around January 2015
Photo from financial express
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