Automotive Updates - 03/05/2014
- Even as autorickshaw drivers protest against the transport
department's insistence on GPS devices, unions are now turning their attention
towards the department's approval to Tata Magic IRIS vehicles which have four
wheels and can run on three-wheeler scooter rickshaw (TSR) permits.
- Maruti-Suzuki have reportedly completed trial production of
the upcoming Maruti Ciaz at their Manesar facility in Haryana, India, according
to the Indian Express. The market launch of the Ciaz will take place ahead of
the festive season, most probably in July-August.
- Auto parts maker Visteon Corp said it would sell a majority of its automotive
interiors business to private equity firm Cerberus Capital Management LP.
- Lanxess, the global specialty chemicals company, in
partnership with its leading distributor for rubber businesses, RamCharan Co,
has effected a shift in its Tech Centre. The assets of the erstwhile Lanxess
Rubber Chemicals Technical Centre in Thane have now been relocated to the Tech
Centre of Ram Charan at Chennai. The Centre, which will serve rubber customers
across the country, will also be staffed by Ram Charan.
- Mr. Jnaneswar Sen, Senior vice-president for Marketing and
Sales, Honda Cars India, said that the company is targeting a high localization
percentage for the Mobilio. This should not be much of a challenge given that
the Mobilio is based on the Brio/Amaze’s platform, which is well localized
in the country. The localization on Honda’s current portfolio is about 90
percent.
- At a time when all the media is abuzz with rumors of SX4
Cross getting Fiat's 1.6 Mutijet engine, Maruti Suzuki is indeed planning a
surprise. The engine they are testing under the hoods of the soon to be
launched SX4 Cross is not the 1.6 Multijet from Fiat, but PSA Peugeot Citroen's
DV6 1.6 Litre CRDI Diesel engine. This is one of the diesel engines jointly
developed by Ford and PSA Peugeot Citroen and is also used by Ford.
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