Automotive Updates - 5th September 2014
- Maruti Suzuki has postponed its car manufacturing project in
Gujarat by a year, citing sluggish market conditions. Its facilities in the
western state are now expected to be commissioned in 2017. Addressing the
auto maker's 33rd annual general meeting in New Delhi on Thursday, chairman RC
Bhargava said the project will be financed by the parent, Suzuki Motor Corp
(SMC), but will function as a unit of Maruti. (economicstimes.com)
- Skoda has
officially confirmed that the new Yeti
facelift will be launched in India on September 10. Though it is based
on the old Yeti’s platform, the new car adopts a more elegant look based on
Skoda’s current design philosophy. The new Yeti made its Indian debut at the
2014 Delhi Auto Expo and has been on sale in the European markets for quite
some time now.(carwale.com)
- Maruti Suzuki will finally launch the XA Alpha compact SUV
in 2016 in the country. Showcased at the 2012 Auto Expo, the XA Alpha has been
much delayed in the segment that is currently being ruled by the likes of the Ford EcoSport and Renault Duster. Our sources
confirmed that work has commenced on the XA Alpha and Maruti will be using
Indian engineers and R&D setup to develop the upcoming SUV. This was also
the reason why the launch of the compact SUV was pushed from its original
timeline.(motorbeam.com)
- Audi revealed the 2015 facelift version of its premium saloon - A6. The new car
will feature exterior and interior styling changes as well as additional
equipment.Visually, the new A6 appears to resemble other sedans in Audi's
range. The face of the new A6 has styling changes to the front grill and
air-dams. Audi's new Matrix LED headlamps will also feature on the facelift
version of the A6 along with revised tail lamps with 'sweeping' rear
indicators.(team-bhp.com)
- Bandra in Mumbai is the location of Harley Davidson India’s
second brand store in the city, and 15th in the country. Seven Islands Harley
Davidson Brand Store was inaugurated on September 4, 2014 and is the iconic
cult bike maker’s 15th Harley Davidson dealership facility in the
country.(rushlane.com)
- Shriram Automall India Ltd (SAMIL), the 100 percent
subsidiary of Shriram Transport Finance Company (STFC), has tied up with
Escorts Ltd to assist its authorised dealers in the disposal of pre-owned
tractors. “India, being an agricultural land, portrays great growth potential
for the tractor industry. The current fiscal is expected to witness robust
growth in infrastructure due to which tractors’ journey in India is likely to
pick up pace. A tie-up with Escorts is structured on the ground of providing a
completely organised and transparent platform through which they can carry out
the disposal of their pre-owned tractors,” said Sameer Malhotra, CEO of SAMIL.
(autocarpro.in)
- Bangalore-based Suprajit Engineering decided to venture into
new areas about five years ago when it was the dominant supplier of auto cable
to two-wheeler makers and accounted for 80-100% of the requirement of leading
players such as Hero MotoCorp, Bajaj Auto and TVS Motors.Its move to diversify
into the four-wheeler segment, exports and non-automotive industries paid off
handsomely. The four-wheeler segment accounted for 29% of its total revenues in
2013-14, compared with less than 5% five years ago.(ETauto.com)
- Sharing of car platforms and technology is common,
especially among alliance partners like Volkswagen-Skoda and Renault-Nissan.
But the concept hasn't delivered the desired result in India so far, because of
a very thin line of differentiation between models, and the auto makers are
correcting their strategies The Volkswagen Group is following suit. VW is
reworking on a product portfolio strategy, which clearly looks into deeper
differentiation of products sold by Volkswagen and its Czech unit Skoda in
India, along with entry-level cars from Audi, said Mahesh Kodumudi, managing
director of Volkswagen India and the German group's chief representative in the
country. The aim is to avoid the brands of Skoda Volkswagen eating into each
other's sales. (economicstimes.com)
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