- Tata Motors on Tuesday launched a passenger car, its first
new offering in four years, in a bid to regain market share and plug losses in
its domestic business.The car, called Zest, is a compact sedan built on a new
platform and, in a departure from previous models, boasts user-friendly
features such as touch-screen control panels.(ETauto.com)
- Mercedes-Benz plans to replace conventional aluminium
pistons in passenger car diesel engines with a new high-tech generation of
pistons made of steel. The carmaker says the advantages they bring, when
combined with the innovative Nanoslide cylinder bore coating technology,
include even lower fuel consumption and even lower CO2 emissions. (autocarpro.in)
- Credit Analysis & Research Ltd. (CARE) has upgraded
credit rating of Mahindra and Mahindra to AAA. This triple A rating is the
highest CARE AAA level of rating and conferred on M&M recognizing the
company’s stronghold in financial services. This AAA rating bestowed on
Mahindra & Mahindra was based on the company’s increased performance both
where operational and financial performance was concerned in an otherwise
challenging business scenario.(rushlane.com)
- Royal Enfield, the motorcycle division of Eicher Motors, is looking to enter
new markets in Latin America and South East Asia in the next three years as it
seeks to expand its presence in the emerging markets.The Chennai-based firm,
which makes various popular motorcycle models including Bullet, Classic,
Thunderbird and Continental GT, is also looking to scale up its production
capacity to around 4 lakh units at its two facilities in Tamil Nadu by next
year-end. (ETauto.com)
- It seems that I-day will be a day to celebrate and not just
to honour the occasion of independent India turning 67. A report from the ET
suggests that the State Oil firms will cut prices of petrol by Rs 2.50, the
largest drop in the price of the fuel in many months.(carwale.com)
- Hyundai’s more popular mid-size sedan the Elantra (Avante is
certain markets) is heading for a generation change and if the recent reports
are to be believed, the next generation model could be launched as early as
next year in its home market of South Korea. According to industry sources, the
next generation Elantra (codenamed AD) will be available in the first half of
2015 in the Korean market and the automaker has commenced testing the vehicle
and as seen in the spy shot above, the test mule is in its early stages.(motorbeam.com)
- The Taigun is not coming to the Indian market. In an exclusive téte-a-téte with
ET Auto, Michael Mayer ( Director of Volkswagen Passenger Cars India ) has made
it clear that they have scrapped the India plans for Taigun.(motoroid.com)
- BMW India have confirmed that the 2015 BMW X3 (facelift)
will launch on August 28. The pre-facelift model was launched in India in August
2011.The refreshed X3 had its global premiere earlier
this year at the Geneva Motor Show. The front fascia of the X3 now
subscribes to the brand’s new design language with the larger headlights and
kidney grille resembling that of the new X5. Refreshed bumpers, tweaked
taillights and new alloy wheel patterns complete the exterior changes.(indianautoblogs.com)
- BMW cars are known to personify style statement in itself.
The latest to join the bandwagon is the Bavarian carmaker's new model, the BMW
7 Series Signature edition, which has been launched by Indian fashion designer
Suneet Varma at the exclusive 'BMW Fashion Show', which is now in its sixth
year.(ETauto.com)
- Fiat is
reportedly chalking out plans to introduce its luxury car marquee, Maserati, in
India. Internet chatter suggests that the Italian manufacturer is planning to
launch the brand in India with the aim of attracting the rich clientele as well
as reinforcing Fiat’s brand image in the country. (carwale.com)
images from motorbeam.com and autoblogs.com
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