- Zest, Tata Motors' new compact sedan is said to have received
an encouraging response from the market with an "order pipeline of 10,000
plus", within a short span of 20 days of its launch. Pitted against strong
competitors such as Maruti Suzuki Dzire, Honda Amaze andHyundai Xcent, the Zest was pitted as the company's
come back vehicle to regain market share.(economicstimes.com)
- Maruti is just about going to squeeze in the Ciaz for a
festive season launch as the car will be launched by mid-October. Bookings will
commence from tomorrow with dealers getting a chance to amass a large number of
orders before the car is launched.Maruti has already started dispatching cars
to dealerships for display. It is typical Maruti strategy to flood the market
with a new car as soon as it is launched for a larger impact.(ETauto.com)
- Indian factory growth
eased in August from July’s 17-month record pace as new orders came in at a
slower clip, a business survey showed on Monday. The HSBC Manufacturing
Purchasing Managers’ Index (PMI), compiled by Markit, fell to 52.4 in August
from 53 in July, but chalked up its tenth month above the 50 mark that divides
growth from contraction. The new orders sub-index fell to 54.5 from 55.9, still
considered a healthy pace of expansion.(livemint.com)
- Dr Baba N Kalyani, chairman and managing director
of Bharat Forge Ltd, has been renominated as the co-chair of the India-Japan
Business Leader’s Forum (IJBLF) from the Indian side by Prime Minister Narendra
Modi who, on his current visit to Japan, is accompanied by members of
IJBLF.(Autocarpro.in)
- Isuzu
Motors India is going to launch a new 7 seater MPV in India to compete with one
of the most popular people movers here, Toyota Innova. New Isuzu MPV is
codenamed RU30. Specifications or technical details of Isuzu
RU30 MPV are not revealed as yet. RU30 MPV will be made in India, in the
upcoming manufacturing facility in Sri City (Tada), Andhra Pradesh. Isuzu
Motors have recently committed an investment of Rs 3,000 crore into building
this facility.(rushlane.com)
- A new report on sales
satisfaction from JD Power India shows that overall sales satisfaction in the
mass market segment has gone up by 16 points on a 1,000 point scale that the
agency uses. More importantly, the overall satisfaction is driven up by an
upward spike in delivery timing and delivery process.As far as OEMs are
concerned, the survey shows that customers are most satisfied with Toyota
Kirloskar Motors. Maruti Suzuki ranks second and tied at third are Honda,
Mahindra and Hyundai.(indianautoblogs.com)
- With
Punjab and Haryana facing drought like conditions, tractor salesin these
agrarian states is expected to remain flat in current fiscal largely in view of
rising input cost, tractor maker Mahindra and Mahindra said today. Both Punjab
and Haryana contribute 11.5 per cent to the country's total tractor sales of
6.35 lakh units. (economicstimes.com)
- Volkswagen India has launched a new
mobile service application for its customers, which will provide direct access
to information on network and latest sales and after-sales offers. Meant for
iOS- and Android-powered smart devices, the app provides an explanation of
various indicators on the car’s dashboard, labour charges at Volkswagen service
centers, roadside assistance(rushlane.com)
- After two failed bids,
Delhi Transport Corporation (DTC) may soon sign a deal with an Indian
automotive manufacturing company to procure a total of 1,380 semi-low-floor
buses to replace its fleet of standard-floor ones (yellow buses)."We
invited global players for procurement of 1,380 semi- low-floor buses... Tata
Motors has shown interest. We have now sent the bid document to Pune's Central
Institute of Road Transport (CIRT), which is the corporation's consultant, to
seek technical suggestions on the matter," DTC spokesperson R S Minhas
said. (ETauto.com)
image from zigwheels and livemint.com
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