- Mercedes-Benz India launched its GLA entry-level crossover
today. Based on the same platform as the A and B Class hatchbacks, the GLA
rivals the likes of the Volvo V40 Cross Country, Audi Q3 and BMW X1. The GLA is
available in two versions in India. (Indianautoblogs.com)
- Suprajit Engineering has acquired the speedo cable business
from Coimbatore-based Pricol Ltd. In a filing with the Bombay Stock Exchange,
the company said it executed a business transfer agreement with Pricol for the
acquisition on a slump sale basis. The business has annual sales of around Rs
10 crore with major OEMs and aftermarket customers. The company is in the
process of transferring the plant and machinery from one of its facilities at
Bangalore.(Autocarpro.in)
- Delphi Automotive PLC has entered into a definitive
agreement to acquire media connectivity module supplier, Unwired Technology
LLC, expanding its data and media connectivity capabilities. Unwired Technology
LLC is a market leading designer and supplier of high-speed USB connectivity
modules and wireless headphone systems for the global automotive industry. (Autocarpro.in)
- Maruti Suzuki India will recall 69,555 diesel vehicles
(55,938 units of the pld Dzire, 12,486 units of the earlier Swift and 1,131
units of the Ritz) manufactured between March 8, 2010 and August 11, 2013. The
recall exercise is for inspection and repair of the wiring harness fitment in
the specified vehicles and does not pertain to exported vehicles. Maruti Suzuki
dealers will contact owners of all the affected vehicles. The dealer workshop
technicians will inspect the wiring harness fitment condition and carry out the
necessary repairs, free of cost. (Autocarpro.in)
- Honeywell Turbo Technologies, the leading global developer
of automotive turbochargers, released its Global Turbo Forecast that estimates
the industry will generate $12 billion (Rs 73,692 crore) in revenue by
equipping 49 million vehicles with turbochargers annually by 2019. The
Honeywell Global Turbo Forecast is a proprietary analysis and estimate of
automotive industry trends and is based on comprehensive data received from
global vehicle- makers, third-party analysts and industry experts. (Autocarpro.in)
- Japan's Panasonic Corp said on Tuesday it has agreed to buy a
49 per cent stake in Spanish auto-parts maker FicosaInternational SA for an undisclosed amount as part of
a "capital and business alliance".In a statement, Panasonic said the
companies plan to combine their know-how to accelerate the launch of electronic
technologically advanced automotive mirrors that support safe driving.(ETauto.com)
- In an interaction with Takashi Hata, Chairman of Nissan
in India, Africa and West Asia, it was revealed that there are some big
announcements in store for India. Not only Nissan plans to enter the luxury car
market, they also want to get their GT-R sports car to India. For luxury
brand Infiniti, they are also mulling plans to commence local
production in the country so as to ensure that pricing is competitive. The
Indian luxury market as on date is dominated by BMW, Audi and Mercedes and
Nissan wants a slice of this pie as well.
- Girnar Software Pvt Ltd, owners of auto portal CarDekho.com,
and ibiboGroup have announced an agreement whereby GirnarSoft will acquire
Gaadi.com, one of India’s leading auto portals, for an undisclosed amount. With
the combined volumes of CarDekho.com and Gaadi.com exceeding 15 million monthly
visitors, this transaction positions GirnarSoft as the undisputed #1 player in
auto search and lead generation business in India,.(cardekho.com)
- Mahindra & Mahindra (M&M), which is yet to make a
mark in the two-wheeler space, today launched a new 110-cc scooter 'Gusto' as
the homegrown auto major seeks to challenge the supremacy of Japan's Honda in
the domestic market.Gusto, priced Rs 43,000 onwards (ex-showroom Delhi), is
pitted against Honda Activa, HeroMoto's Maestro and TVS Jupiter.The scooter
will be available in the western and northern markets of the country to begin
with.(Financialexpress)
- Maruti Suzuki’s new mid-size premium sedan, the Ciaz,
will be launched in India on October 6. This car was unveiled at the Auto Expo
in February this year and will be the SX4 replacement. (carwale.com)
image from livemint.com and nissan - magazine
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