Automotive Updates - 2nd December 2014

• Tyre major MRF  has proposed to increase capacity at its eight manufacturing facilities across the country as part of its capital expenditure plan. "The company, in line with its long term strategy, proposes to increase capacities across all its existing factories," MRF said in its reply to the BSE. (ETauto.com)

• Tata Motors has announced that it has received an order for 1,542 Sumo Gold utility vehicles from various police and law enforcement agencies across the country. The Sumo Gold, which sells about 1,000 units a month, has a claimed fuel economy of about 15kpl and low cost of ownership, the company said in a statement.   (autocarpro.in)

•  India's two-wheeler giant, the Hero Group, has signed American golf legendTiger Woods as its brand ambassador in a four-year deal that targets capturing new markets in North America and Europe.The deal, for an undisclosed amount, can be termed as the biggest for an Indian manufacturer in terms of association with a global icon is concerned. (ETauto.com)

• Porsche India has launched the refreshed 2015 Cayenne SUV with prices beginning at INR 1.02 crores. (indianautoblogs.com)

• Tata Motors Ltd is preparing to increase production of heavy-duty trucks and buses on expectations of higher demand for such vehicles after two years of decline, said two persons familiar with the auto maker’s plan. Lower inflation and a drop in the price of diesel after it was deregulated has triggered expectations of a pick-up in demand for heavy commercial vehicles, sales of which are a barometer for the larger economy.(livemint.com)

• Austrian motorcycle manufacturer KTM has officially confirmed the firm’s plans of conceptualising and making new V-twin drivetrains. The company’s Chief Executive Officer, Stefan Pierer, was present at the EICMA automobile show in Milan and spoke about the introduction of new middleweight motorcycles, which will feature engines with a capacity ranging from 600 cc to 800 cc.(cartrade.com)

•  Mercedes-Benz is on a roll, after opening a dealership in Mumbai today morning itself, the car manufacturer has now inaugurated a new outlet in Surat, Gujarat. Located at Surat Dumas Road, Piplod, Suratand, the new showroom was inaugurated by Eberhard Kern, Managing Director & CEO, Mercedes-Benz India and Sanjay Thakker, Managing Director, Benchmark Cars. With six outlets across major cities in the state, the company enhances its dominant position and continues to be the luxury manufacturer with the densest network in the country.(cardekho.com)

• Honda Motorcycle & Scooter India Pvt. Ltd. has again set a fresh benchmark to educate citizens about the importance of road safety by training more than 6000 individuals at the IITF 2014(India International Trade Fair). Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) in association with Delhi Traffic Police participated in the 34th India International Trade Fair 2014 held at Pragati Maidan, New Delhi to spread the message of road safety among masses.(motoroid.com)

 

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