image from zigwheeles.com
- Honda Cars India on Monday increased prices of its vehicles by up to Rs 60,000
following the expiry of reduced excise duty concessions and also to offset rising
input costs. The move follows the government not extending excise duty
concessions given to the auto industry and consumer durables sectors after the
expiry on December 31, 2014.(businesstoday)
- Auto component maker Bharat Forge today said it has
acquired France-based Mecanique Generale Langroise for 11.8 million euros
(around Rs 90 crore). CDP Bharat Forge GmbH, a 100 per cent Germany-based
subsidiary of Bharat Forge Ltd (BFL), has acquired 100 per cent equity shares
of Mecanique Generale Langroise (MGL), the Pune-based firm said in a filing to
the BSE. (ETauto.com)
- TATA has officially announced that the hatchback will go on
sale on January 22nd, 2015. The bookings for the car have already commenced at
a token amount of Rs. 11,000.Set to rival against the likes of Hyundai Grand
i10 and Maruti Suzuki Swift, the Tata Bolt hatchback will be the second product
from the company’s HORIZONEXT umbrella. Based on the thoroughly modified X1
platform that also underpins the Zest compact sedan, the hatch will be offered
in both petrol and diesel fuel options.(cartrade.com)
- Struggling to make a mark in entry-level motorcycles, Bajaj
Auto Ltdplans to launch two new brands in 2015 to gain share in a segment that
accounts for nearly two-thirds of the motorcycle market. The launch will be a
departure from the company’s strategy going back to 2010, in which it planned
to use the Pulsarand Discoveras its umbrella brands. The change comes amid
intense competition in the motorcycle market between market leader Hero
MotoCorp Ltdand Honda Motorcycle and Scooter India Pvt. Ltdsince 2010 when the
two partners split. But Bajaj has seen only a tepid response to its new models;
its share in the market has fallen to 17% in the first eight months of the
current fiscal from 24% in fiscal 2010, forcing the company to rethink its
strategy.Read more at: http://www.livemint.com/Companies/HiwOMeKoSfPEers3YnXEpN/Bajaj-to-launch-two-new-brands-in-bid-to-recover-market-shar.html?utm_source=copy
- Toyota is going to offer airbags as standard across its
entire line-up in India. For starters, the company has already added airbags as
standard to the Etios sedan and the Etios Liva hatchback, and will now offer
the same on the base G trim of the Innova MPV as well. However, the base trim
models may get just a driver airbag as standard instead of dual front airbags.
Barring the Innova, the rest of the line-up recently received facelifts
and now the company will be updating the MPV too. The list of upgrades also
includes rear AC vents besides cosmetic changes and addition of dual front
airbags. - See more at:
http://www.autocarpro.in/news-national/toyotas-india-airbags-7240#sthash.3ca28XWm.dpuf
- Hyundai ix25, the compact crossover has scored 5/5 in
C-NCAP in China. The new compact crossover was tested on four parameters -
100 per cent overlap front crash, 40 per cent overlap front crash,
whiplash and side impact. In the 100 percent overlap frontal crash test
that was carried out at a speed of 50 kmph, the ix25 scored 15.89 out of a
maximum of 18. Carried out at speeds of 64 kmph, the 40 per cent overlap front
crash test identical to testing procedures of the Global NCAP saw the ix25
scoring 14.11/18 points in this test.(carwale.com)
image from shifting gears.com
- In its maiden overseas foray, the Gurgaon-based components
manufacturer Jumps Auto Industries has acquired German firm Honasco
Kunststofftechnik GmbH (Honasco) and its allied companies from the Joerg
Schwarzbich Group. Jumps Auto is engaged in the manufacture of rotating
electrical assemblies, including starter motors and alternators at its
manufacturing facility in Gurgaon. The company derives 90 percent of its sales
from exports and has a footprint in 50 countries worldwide. - See more at:
http://www.autocarpro.in/news-national/jumps-auto-acquires-honasco-germany-7230#sthash.kud48wrp.dpuf
No comments:
Post a Comment