- Diesel prices should be immediately hiked by Rs 5 per litre,
the Kirit Parikh Committee has recommended while favoring reduction of the
quota of subsidized LPG to 6 cylinders per household in a year from 9 at
present.The panel has recommended Rs 4 per litre increase in kerosene and Rs
250 per cylinder hike in LPG rates, Parikh told reporters after presenting the
report to oil minister Veerappa Moily.
- Sweden's Volvo Car Corp, with help from its Chinese owner
Zhejiang Geely Holding Group Co , plans to make China an export hub and beat
its 2014 sales target for the country by at least 13 percent, a senior Volvo
executive said.Geely's strategy for Volvo is being closely watched as a
possible model for other Chinese companies that have had limited success
digesting and managing major consumer brands.
- With the launch of the new Bolt hatchback imminent, Tata
Motors is rumoured to have stopped production of the BS4-compliant version of
the Vista. The move will ensure that the Bolt’s sales are not threatened by its
older sibling.
- Ford India is all set to launch the Fiesta facelift this
month. It is expected to be priced aggressively in the Indian market to set
their C segment sales on fire. But that would be all for 2014. The American
manufacturer is set to introduce three new cars in 2015, across the segments. The
first one is the next generation of the company’s most popular model, the Figo.
The second car in question is the Figo sedan. Ford will launch the new
Endeavour in 2015 that has been built from ground up.
- Transmissions with dual clutches are already in use in cars.
Now Volvo Trucks is the first manufacturer in the world to offer a similar
solution for series-produced heavy vehicles on certain Volvo FH models (with
Euro-6 D13 engines with 460, 500 or 540 hp options) from end-2014.
- Honda has started taking booking for its upcoming MPV
Mobilio with an upfront payment of Rs 51,000 for both petrol and diesel model.
In a desperate move to conquer the growing MPV segment, the manufacturer is
keen to launch the Mobilio in next couple of weeks.
- GM is said to have started working on a new project,
codenamed Amber - a new platform from ground up, on which three new cars will
be built.These vehicles - a premium hatchback, a compact sedan and compact SUV
will be targeted at emerging markets like India, Brazil, Russia, Thailand and
Mexico. General Motors plans to design the new platform in Europe and engineer
it in Brazil.
- The Mann+ Hummel Group is to showcase its newly developed
FreciousPlus cabin filter this year’s Automechanika Frankfurt to be held from
September 16 to 20. According to the company, the FreciousPlus cabin filter
binds allergens almost completely and, as far as possible, prevents bacteria
and fungi penetrating the air in the passenger compartment of cars and
commercial vehicles.
- A very optimistic Mahindra 2-Wheelers had showcased the Mojo
300 concept at the 2012 Auto Expo, and was expected to be one of the first
products in the then evolving quarter-litre segment. However, two years down
the line, the quarter-litre segment is at its peak and the Mojo is still under
testing albeit having received several corrections. The updated Mojo was
showcased at the 2014 Auto Expo earlier this year and we spotted the bike on
test wearing camouflage, as the launch date comes closer.
- The Ssangyong compact SUV was caught on test in China
recently. The EcoSport rival from Ssangyong is codenamed X100, and will be
unveiled in early 2015.
Image from http://www.vinavu.com/2013/01/25/diesel-robbery/
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