Tuesday, 24 March 2015

Automotive Updates - 22nd and 23rd March 2015

  • MRF Ltd, the largest tyre maker in India, announced on Monday that will invest Rs.4,500 crore in its two factories in Tamil Nadu as part of its expansion plan. The Chennai-based tyre company informed BSE that as part of its expansion plan, it proposes to invest in its plants at Perambalur and Arakonam in Tamil Nadu over seven years. The government of Tamil Nadu considered the proposal and decided to accord ultra-mega project status under the Tamil Nadu Industrial Policy of 2014. The memorandum of understanding between the state government and the company in this regard is expected to be signed shortly.Read more at: http://www.livemint.com/Companies/lbt2YLRUP5UjfmI6ilnVQP/MRF-Ltd-to-invest-Rs4500-crore-in-TN-to-ramp-up-capacity.html?utm_source=copy
  • Global New Car Assessment Programme (GNCAP) is looking to test another set of cars from India later this year. The UK-based organisation will take a final call regarding the tests by May. It is currently having discussions with its partner for the 'Safer Cars for India' campaign – the Institute of Road Traffic Education (IRTE) – and various vehicle OEMs. As part of the campaign, GNCAP has tested two set of cars from India so far. The first set of cars, tested in January 2014, comprised the Hyundai i10, Tata Nano, Maruti Suzuki Alto 800, Volkswagen Polo and the Ford Figo. In the second round of tests conducted in November last year, the Maruti Suzuki Swift and the Datsun Go were tested. - See more at: http://www.autocarpro.in/news-national/gncap-looks-test-cars-india-8016#sthash.aexgTvRW.dpuf
  • Italian super bike manufacturer Ducati has announced its re-entry into the growing Indian two-wheeler market with plans to operate sales and service network under a subsidiary. The company first made its debut in Indian in 2009 partnering with Precision Motor India, which was its exclusive importer. In January last year, Ducati decided to start its own national sales company in India and Precision Motors would become one of its distributors.The Italian maker has now opened three dealerships in three major cities of the country including Mumbai, Delhi and Gurgaon. The company has also announced to open its fourth dealership in Bangalore shortly.(cartrade.com)
  • Nissan Motor is working on strengthening the body shell of the Datsun GO hatchback using higher-grade steel and reinforcements, after a UK-based watchdog questioned the safety features of the first model the Japanese car maker launched in India under the revived Datsun brand. The Datsun GO received zero rating in Global NCAP's crash test. The watchdog, which said the vehicle's structure collapsed during the test, had written to Nissan, asking it to withdraw the model because of the "grave risk" to passengers in the event of a crash. Some other small-car models from India had also failed in the test. (Etauto.com)
  • Royal Enfield has a huge fan following in India and enjoys a cult status. In order to cash in on this image, they have been selling shoes, jackets, gloves and apparel through their showrooms. Due to the rising shift of people towards online shopping, the Indian bikemaker thought of launching an online store in order to ensure that the customer gets what he wishes for and doesn’t have to listen to the three dreadful words “Out of Stock” when they visit a particular showroomRead more at http://www.motorbeam.com/2015/03/bikes/royal-enfield-bikes/royal-enfield-opens-online-store-accessories/#h7cI2Dvzi7WeTVar.99
  • Already controlling more than 33% of the 3-wheeler market in India, Piaggio today launched the Ape Xtra Dlx at a price of Rs 1,75,000 in India. While the Ape has been available in the market for quite some time, this new Xtra Dlx model carries some style and reliability enhancements. Powered by a naturally aspirated, air-cooled, single cylinder, 436 cc diesel engine that pumps out 7.4 hp at 3600 rpm and 18 Nm of torque between 2200-2400 rpm, it promises to return an efficiency figure of 36 kpl.(motoroids.com)





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