Automobile Market updates - 10th February 2015

• Domestic passenger car sales increased by 3.14 per cent to 1,69,300 units in January 2015 as compared with 1,64,149 units in the year-ago period.  Two-wheeler sales in January climbed up by 1.07 per cent to 13,27,957 units, ales of commercial vehicles rose 5.30 per cent to 52,481 units in January 2015.(businesstoday)

• Naresh Kumar Rattan, Executive Director, Force Motors Limited has resigned from the post in January, after close to three-year long stint with the Indian off-road and agriculture vehicle manufacturer. He has joined Sonalika Group as Director, Sales & Marketing, for the group's all three business verticals - International Tractors Limited, International Cars & Motors Limited and Sonalika Tractors.(ETauto.com)

• Qlik, a leading global data management firm, announced that Mahindra & Mahindra will be using its resources to transform the way it (Mahindra) manages its data for reporting, analysis and decision making. M&M rolled out the QlikView under less than 12 weeks of its deployment across the departments that include inventory, sales as well as finance teams.(cardekho.com)

• Tata Motors’ subsidiary in Indonesia, Tata Motors Distribusi Indonesia (TMDI), has sold 1,000 vehicles in the archipelago. Tata Motors entered Indonesia in September 2013, and currently sells the Ace EX2, Super Ace, Xenon XT, Vista, Safari Storme and Aria, through the CBU route. Of these, the Super Ace garnered maximum sales in 2014, accounting for 694 units, according to online reports. Last year, Tata Motors showcased future products at IIMS 2014, including the production version of the Super Ace-based Angkot passenger van, and a host of applications including a TipperRead more: http://indianautosblog.com/2015/02/tata-motors-manages-to-sell-1000-vehicles-in-indonesia-167187#ixzz3RNJbPEJX 

• Daimler India Commercial Vehicles has begun exporting bus chassis from India. Hartmut Schick, head of Daimler Buses, and Markus Villinger, head of Daimler Buses India, were present in Cairo to celebrate the delivery of the first bus chassis to the company’s long-time business partner MCV. The products are nine-tonne bus chassis that MCV will equip with bodies in Cairo. Starting immediately, the finished vehicles will be sold as Mercedes-Benz-brand buses through MCV’s nationwide sales network. “The export of bus chassis from India to Egypt is yet another demonstration of how we are successfully leveraging on our global presence,” said Hartmut Schick at the festive handover of the chassis. “Our global production network allows us to offer appropriate and competitive products for every market.” - See more at: http://www.autocarpro.in/news-national/daimler-india-cv-begins-bus-chassis-supplies-egypt-7649#sthash.z5uSYm2W.dpuf

• Tata Motors has introduced a new base variant of the Nano Twist in India. Dubbed XE, the new variant is priced at Rs. 2.06 lakh (ex-showroom, Delhi).(teambhp.com)