Automotive Updates - 16th December 2014

• Automotive parts makerMotherson Sumi Systems will acquire Germany's Scherer & Trier in a deal worth Rs 283 crore, a move that will help the company to offer a diverse polymer products.The consideration payable is about 36 million euros (about Rs 283 crore) for the assets including land, building and inventories along with its shareholding in Mexican entities.(ETauto.com)

• After Maruti Suzuki and Tata Motors’ foray into Philippines’ booming car industry, another major Indian automaker has decided to follow suit. The automaker in question is Mahindra & Mahindra – a brand which already enjoys a healthy presence in other global markets like Australia, Middle East and Africa.  ccording to the Inquirer, Mahindra will enter Philippines in partnership with The Colombian Group (TCG) which will act as the Indian brand’s official distributor in the local region. The Colombian Group’s existing network of partners includes brands such as BMW, Kia and Peugeot. (cartrade.com)

• DSK Motorwheels, owned by the diversified conglomerate DSK Group, plans to invest Rs 400 crore to set up a plant nearPune to manufacture recently unveiled superbikes of Italian brand Benelli and Korean brand Hyosung. "We are in the process of building a full new unit in Maharashtra, very close to our current plant in Pune. For a start, we are looking at 120,000 units per shift and will be ready for production in the next two years,"Shivapada Ray, chief operating officer ofDSK Motorwheels told ETAuto. (ETauto.com)

• Officials at Hyundai Motor India (HMIL), a wholly owned subsidiary of South-Korea’s Hyundai Motor Company, are talking to the state government of Rajasthan as the company is now aggressively scouting for land to set up its manufacturing facility at a location preferably in the north or western region of India. When contacted by Autocar Professional for a clarification, a Hyundai Motor India spokesperson said: "As regards your query on HMIL exploring opportunities in Rajasthan for expansion of operations, as of now we have no such plans." - See more at: http://www.autocarpro.in/news-national/exclusive-hyundai-motor-india-exploring-plant-site-rajasthan-7120#sthash.3OrBBMSU.dpuf

• Ford India will recall 20,752 EcoSport cars in the country to correct concerns about fuel and vapour line corrosion in the long-term.The company in a statement on Tuesday said it will inspect variants of its EcoSport sports utility vehicle made at the company's Chennai plant between January 2013 and September 2014.(businesstoday)

• Auto major Mahindra & Mahindra may observe up to 7 days in a month as 'No Production Days' at some of its plants till March 2015. "The company as part of its efforts to align its production with sales requirements, may observe on a need basis, 1 to 7 days in a month as 'No Production Days' at some of its automotive and/or tractor plants and /or Chakan plant of its wholly owned subsidiaryMahindra Vehicle Manufacturers Ltd during the period up to March, 2015," Mahindra & Mahindra said in a filing to BSE.(ETauto.com)

• Scania Commercial Vehicles India, launched and showcased their range/services today, at the Bauma ConExpo 2014 in Delhi. Among the much awaited launch were the most powerful on-road truck in India, the Scania R 580 V8 (6×4) truck and market leading Scania P410 (8X4) Tipper with all-new 20 cubic meter SSAB body. At the expo Scania also launched Scania Oil and enhanced telematics services – Scania Fleet Management.(motoroids.com)

• Volkswagen, the German premium carmaker, has completed seven years in India. Celebrating this achievement, the company has announced lucrative discounts and benefits on its top-selling cars. Volkswagen India is offering discounts & benefits on Polo hatchback, Vento mid-sized sedan and Jetta premium saloon until 31st December, 2014.(cartrade.com)