Automotive Updates - 18th July 2014
- Ramesh Suri, Chairman of Subros Limited will be elevated as the new
president of Automotive Component Manufacturers Association of India (ACMA). He
will replace Harish Lakshman of the Rane Group. (ETauto.com)
- Clocking
a growth of about 12 per cent in June after a slide, Toyota Kirloskar Motor
(TKM), is expecting a growth of six to seven per cent during 2014, a top
official said today. The company, which registered a decline in sales in
January-April this year, witnessed a marginal increase in May last and expects
sales to grow by six to seven per cent this year, N Raja, Director and senior
Vice-President, TKM, told reporters here. (Economics times)
- The Vehicles Research and Development Establishment (VRDE), a
laboratory of the Defence Research and Development Organization (DRDO),
unveiled a new anti-lock
braking system (ABS)test
facility in Ahmednagar. This facility will be jointly funded by the Defence
Ministry and the Ministry of Heavy Industries.(teambhp)
- 3M has appointed Dr Ashish K Khandpur as senior
vice-president, Research and Development and Chief Technology Officer,
effective immediately. He replaces Dr Frederick J Palensky, who is retiring
after a successful 37-year career with the company. “Ashish is a highly
accomplished and respected leader with a proven track record of success across
multiple 3M businesses and geographic regions," said Inge G Thulin, 3M’s
chairman, president and CEO. - See more at: http://www.autocarpro.in/news-international/3m-appoints-dr-ashish-khandpur-senior-vp-cto-6032#sthash.mEDZBzsM.dpuf
- A report on the Economic Times says that Mahindra
2 Wheelers have discontinued the Pantero commuter motorcycle owing to poor
sales performance of the product. Launched in early 2013, the Pantero has
failed to make any sort of dent in its segment, and according to sales data
published by the newspaper, the Pantero’s monthly sales were averaging only 200
units.Read more: http://indianautosblog.com/2014/07/mahindra-pantero-discontinued-137821#ixzz37qRoU5P1
- South Korean car maker, Hyundai revealed Verna
facelift in Russia last month as Solaris. Featuring an even more fluidic
design, India launch of Verna facelift will take place later this year, after
the launch of new i20.(rushlane)
- Mahindra
First Choice Wheels Ltd, a leading multi-brand certified used car company,
today said it would touch 500 outlets in the next two years from the present
368 dealerships. The company, which has its footfalls in 210 cities across
country, has expanded its presence by opening its first authorised dealership
in nearby Tirupur, in a sprawling 4,000 sq.ft area in GTC Cars, last evening, a
company release said today. (Economics times)
- Japan's Mitsubishi Motors Corp is recalling older model Lancer sedans
made with Takata Corp air bags, increasing to nine the number of automakers
that have said they will recall vehicles with Takata air bags sold in the
United States.(ETauto.com)
- Kia is recalling nearly 52,000 Soul small SUVs to fix a problem that can
cause steering failure.The
recall covers vehicles from the 2014 model year built from July 21, 2013,
through Jan. 17, 2014. (ETauto.com)
- Giant Bicycles, a Taiwanese brand, has launched
the Giant Propel Advanced SL 0, the world’s fastest bicycle (certified by
VeloLab), in India at a whopping INR 10.59 lakhs! Mr Pravin V Patil, MD,
Starkenn Sports Pvt. Ltd., unveils the Giant Propel Advanced SL 0 The brand has
also announced its entry into India through its exclusive distributor Starkenn
Sports Pvt. Ltd.Read more: http://indianautosblog.com/page/2#ixzz37qS8NPxV
- Toyota has launched India-made Etios Cross in South Africa for a price of 159,800 Rand (approximately Rs
8.99lakh). The car will join the Etios hatchback and the sedan in the South
African range of cars.(carwale.com)
No comments:
Post a Comment