Sunday, 26 April 2015

Automotive Updates - 24th ,25th and 26th April 2015

  • Mahindra and Mahindra (M&M) has denied a report that it plans to increase its stake in South Korean automakerSsangyong Motor Co Ltd.CNBC-TV18 had on Wednesday said the Indian auto major is planning to raise its stake in the company to around 90 per cent to 95 per cent by year-end, without citing where it obtained the information. Putting speculations to rest, a spokesman for Ssangyong Motor on Friday said the Anand Mahindra-led company has denied the report. An official for M&M was not available to comment when contacted by Reuters.M&M currently owns 72.85 per cent in Ssangyong. (businesstoday)
  • Passenger car exports from India declined 1.66 per cent to 5,42,082 units in 2014-15 due to challenges in traditional overseas markets like Europe, Sri Lanka and Algeria.The decline was also mainly due to the country's largest car exporter Hyundai Motor India Ltd (HMIL) slipping over 18 per cent in its overseas shipments during the last fiscal.Car exports stood at 5,51,218 units in 2013-14, according to data from the Society of Indian Automobile Manufacturers (SIAM).(ETauto.com)
  • Suzuki Hayabusa is soon to be assembled in India, which is likely to reduce its price to Rs. 12 lakh. With this move, the Japanese sports bike maker is looking forward to increase its profit in the Indian market by rolling out affordable models. Notably, the locally assembled models attract fewer taxes, which will help the Japanese company to price its bikes competitively.(cartrade)
  • German luxury carmaker Audi on Thursday launched a new version of its sports car Audi TT in India priced at Rs 60.34 lakh (ex-showroom Delhi) as it tries to retain top position in Indian luxury market."This is the first of the five launches that we have planned in the next five months. Despite economic downturn last year we have grown," Audi India Head Joe King told reporters here.Audi plans to launch a total of 10 products in India this year as it looks to fend off stiff competition from rival Mercedes-Benz.(busiesstoday)
  • GKN Driveline has become the first global Tier One supplier to design, develop and manufacture a complete all-wheel drive (AWD) system in China. The company supplies the complete AWD to SAIC Motors’ new MG GS compact SUV, as well as the front wheel-drive system. Andrew Reynolds Smith, GKN Automotive Chief Executive Officer, said: “The pace and sophistication of technology development for AWD models means that OEMs are increasingly looking to develop and source complete cutting-edge AWD systems from specialist Tier Ones. As the global leader in driveline technologies, GKN is powerfully positioned to meet this demand. - See more at: http://www.autocarpro.in/news-international/gkn-driveline-development-partner-mg-suv-platform-8279#sthash.iJplYV2h.dpuf
  • Cult bike maker Royal Enfield is aggressively readying itself for a global push to attain its target of becoming the top middle weight motorcycle manufacturer in the world dominating the 250-750 cc displacement bike market.The company, which has seen over 50% growth in exports in the last 18 months is looking at its global foray as a "strategic initiative" putting a top management team in place, "furiously adding capacity" to increase production by 50% by end 2015 and developing a fresh line up of products that are all geared up for the global market.(Etauto.com)
  • Dentsu Creative Impact Pvt. Ltd, an advertising firm, is presented with a contract to frame the marketing scheme for 13 brands of India’s largest passenger car maker, Maruti Suzuki. Dentsu Indian happens to be a part of the domestic business of Japanese advertisement firm Dentsu. Interestingly, the firm will also handle corporate brand communications of the auto maker. Sources close to the development process revealed that the advertising firm will start working on these developments from mid-2015.Commenting on this development, Dentsu said, “Maruti Suzuki India Ltd has now decided to align the company’s entire portfolio of mass segment brands as well as commercial segment brands with Dentsu Creative Impact.” (cartrade)
  • The Porsche and Piech families that head Volkswagen AG, were engaged in a battle involving the future of VW CEO Martin Winterkorn, who was defending himself against efforts to oust him. The feud began after VW Chairman Ferdinand Piech publicly criticised Winterkorn. Backed by his strong support base, most expected Winterkorn to remain safe, but in a move that has shocked the industry, Ferdinand Piech has resigned from his post as VW Chairman.Apart from Piech himself, his wife Ursula has also resigned from the board of directors. Labour leaders, the state of Lower Saxony and Wolfgang Porsche came out in support of Winterkorn and Piech was outvoted, keeping Martin Winterkorn’s position as CEO safe.(teambhp)
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Friday, 24 April 2015

Automotive Updates - 23rd April 2015

  • Mahindra and Mahindra (M&M) has denied a report that it plans to increase its stake in South Korean automakerSsangyong Motor Co Ltd.CNBC-TV18 had on Wednesday said the Indian auto major is planning to raise its stake in the company to around 90 per cent to 95 per cent by year-end, without citing where it obtained the information. Putting speculations to rest, a spokesman for Ssangyong Motor on Friday said the Anand Mahindra-led company has denied the report. An official for M&M was not available to comment when contacted by Reuters.(businesstoday)
  • India’s largest car maker Maruti Suzuki on Thursday said it will continue with its rural expansion plans despite a prediction of below par monsoon this year.It said however that weak monsoons have always remained a concern for the overall economy as well as the company. “Our programme of extending sales in these (rural) areas, by building more outlets continues. It is certainly not impacted by a report about the monsoon having the probability of being below par. We don’t change our plans on these reports,” Maruti Suzuki chairman R.C. Bhargava told reporters on the sidelines of Hero Mindmine Summit here.(livemint)
  • Even as its yet to be launched quadricycle that will compete with autorickshaws, faces a slew of legal challenges in India, Bajaj Auto, after a three-year wait has decided to shift focus to export the four-wheeler passenger vehicle to traditional export strongholds such as Sri Lanka,Egypt and Nigeria.In an interview, Rajiv Bajaj, managing director, Bajaj Auto, said he was extremely keen to launch the product first in India, hoping that the category will get an approval soon, however, the uncertainty over how long the legal cases take to conclude in India, has forced the company to change plans.(ETauto.com)
  • Localization of auto components of country's largest car maker Maruti Suzuki might not be more than 95 per cent as certain highly sophisticated parts were required to be sourced from overseas suppliers, an official of the company said."Any model which the company has launched in India has 95 per cent localization. Some components which are highly sophisticated need to be sourced from outside since there is no production base here", R S Kalsi, Executive Director (sales and marketing) of Maruti Suzuki, said.(cartrade)
  • Auto component-maker JBM Group today announced its entry into the solar energy sector with plans to invest Rs 1,600 crore in the next three years.The group plans to invest Rs 1,600 crore over three years and have a combined capacity of 300 MW under the newly formed entity JBM Solar (P) Ltd, the company said in a statement.JBM Solar plans to be an independent power producer (IPP) with focus on both, ground mounted and solar rooftop projects, it added. (ETauto.com)
  • Bajaj Auto’s wait to launch its RE60 quadricycle in the domestic market has just got longer. First displayed at the 2012 Auto Expo, the quadricycle got stuck in a rut following the filing of petitions that challenged the amendment to the Motor Vehicle Act under which the quadricycle category itself was created. The crucial hearings in the Supreme Court have now been re-scheduled to mid-July. The case was slated to come up for hearing yesterday but has now been pushed ahead to be heard only after the Court’s summer vacation. - See more at: http://www.autocarpro.in/news-national/supreme-court-hearing-quadricycle-deferred-mid-july-8269#sthash.03lVyBRR.dpuf





Thursday, 23 April 2015

Automotive Updates - 22nd April 2015

  • Swedish commercial vehicles major Volvo plans to invest around Rs 500-700 crore in India in next five years to expand business activities in the country."Our capital expenditure is always spread over a period of 3-4 years. So, we have already invested close to Rs 1,000 crore over the last one decade. There is a plan to invest Rs 500-700 crore in the next five years," Kamal Bali, Volvo India Managing Director told PTI on the sidelines of Hero Mindmine Summit.(businesstoday)
  • Mahindra & Mahindra has inaugurated an extension to its Zaheerabad automotive manufacturing facility in Telangana in which it has invested Rs 250 crore. In a statement, the company said that the extended facility, which was opened today by Telangana chief minister K Chandrashekar Rao, will manufacture the P601 small commercial vehicle slated for launch in the first half of 2015. With the extended facility, production capacity at M&M’s Zaheerabad unit will stand augmented to 92,000 vehicles per annum  while overall capacity will be 140,000 vehicles per annum - See more at: http://www.autocarpro.in/news-national/mahindra-mahindra-expands-zaheerabad-plant-roll-cv-8258#sthash.I0uDjc1N.dpuf
  • Oerlikon on Wednesday inaugurated its third Drive Systems Segment's plant at Sanand, Gujarat."With this new capacity we will continue our journey in India and upgrade our capabilities in high-tech driven products strongly supporting our customers in developing new innovative solutions for the domestic as well as international markets", said Dr. Bernd Matthes, CEO of Oerlikon's Drive Systems Segment on its 10th global production facility.Oerlikon's Drive Systems Segment has been present in India since 1999 and has production facilities of both its brands Oerlikon Graziano and Oerlikon Fairfield at Greater Noida and Belgaum respectively.(ETauto.com)
  •  Pininfarina SpA jumped 11% in Milan trading as the chairman of the designer of Ferrari SpA cars said he welcomed Mahindra and Mahindra Ltd’s interest in buying the Italian company.“We are pleased” that India’s largest maker of sport-utility vehicles (SUVs) has shown interest, said chairman Paolo Pininfarina in Milan on Wednesday. “I can’t confirm nor can I exclude” that a deal will be signed before Pininfarina holds its annual general meeting on 29 April, he said.(livemint)
  • After Delhi, Bangalore, Pune, Ahmedabad, and Chandigarh, Jaipur also got its auto rickshaw mobile app ChalogeKya developed by city-based young entrepreneur Apoorv Sharma.With ChalogeKya application, passengers with smartphones can locate and call the closest auto rickshaw for pick-up. The application is free for passengers. (ETauto.com)
image from vancoversun 





Tuesday, 21 April 2015

Automotive Updates - 20th and 21st April 2015

  • Schaeffler AG, the 12 billion euro German auto parts manufacturer, is considering making India a global hub to make two-wheeler and tractor components. It plans to invest Rs 900 crore over the next five years in India on localisation and research & development. Dharmesh Arora, president and CEO automotive at Schaeffler India, said in an interview with ETAuto.(ETauto.com)
  • Hyundai Motor India on Monday launched a new variant of its premium sedan Elantra priced between Rs 14.13 lakh and Rs 17.94 lakh (ex-showroom Delhi)."The sedan will be available in both diesel and petrol options. While the petrol variant is priced in a range of Rs 14.13 lakh and Rs 16.45 lakh, the diesel option is priced between Rs 14.58 lakh and Rs 17.94 lakh (all prices ex-showroom Delhi)", the company said in a statement.(businesstoday)
  • Maruti Suzuki India continued its hold on the country’s carmarket in 2014-15 with its models Alto, Swift, Dzire and WagonR retaining the top four positions.According to a data by the Society of Indian AutomobileManufacturers (SIAM), Maruti’s entry level small car Alto sold 2,64,492 units in 2014-15 as against 2,58,281 units in the previous fiscal, up 2.4 per cent, retaining its numero uno position for the tenth year in succession.(financialexpress)
  • Volvo, the Swedish luxury carmaker, today launched the petrol derivative of the V40 Cross Country in the Indian car market. The petrol V40 Cross Country is priced at Rs. 27 lakh (ex-showroom, Mumbai).Under the bonnet is a 1.6-litre turbocharged EcoBoost engine sourced from Ford. This engine is capable of producing a top power output of 185PS and a peak torque of 240NM. Power is transmitted to the front wheels of the car via a six-speed automatic transmission. The V40 Cross Country is one of the most powerful cars in its league. It accelerates to 100kmph from stand still in just 8.5 seconds.(cartrade.com)
  • tractor maker Sonalika, on Monday, announced appointment of former Hyundai Motor India President BVR Subbu as an Independent Director on its board.An automobile industry veteran, Subbu has over three decades of experience in various organisations, including Tata Motors. Subbu joined the Tata Administrative Service in 1977, and held variety of line responsibilities at Tata Motors. (ETauto.com)
  • Utility vehicles (UVs) are the most searched used car type on Google in India. This finding is part of a report, compiled by Google India in association with Mahindra First Choice Wheels, which analyses the search trends of used car queries and actual market behaviour in India. Mahindra First Choice Wheels is a leading multi-brand certified used car player in the country. Pre-owned UVs constitute a majority (47%) share of all used car queries in India and are the primary driver of online used car demand. They are followed by hatchbacks (20%), sedans and luxury cars. This growth in demand also matches with offline sales for SUVs at Mahindra First Choice outlets across India, where SUVs sales have grown from 6% to 10% in the past 3 years. - See more at: http://www.autocarpro.in/news-national/google-suvs-driving-demand-pre-owned-car-market-india-8250#sthash.lqS6jdKB.dpuf
  • German auto major Volkswagen is planning to make India a low-cost manufacturing hub, catering to both the emerging as well as developed markets. Also, as part of Prime Minister Narendra Modi’s ‘Make in India’ initiative, the company will be investing Rs.1,500 crore for localisation and produce cost effective products, Volkswagen India chief representative Mahesh Kodumudi told PTI on the sidelines of the Hannover Fair.(livemint)
  • Toyota Motor is set to become the first carmaker in India to voluntarily make antilock braking system (ABS) a standard fitment in all its locally made vehicles. This move comes after it started offering airbags in all its cars since October last year. Toyota's headquarters in Japan and its Indian unit, Toyota Kirloskar Motor, are deliberating on this and all its vehicles are expected to roll out with ABS starting 2016-17, said people with knowledge of the plans. (ETauto.com)
  • While the base T2 e2O variant now costs Rs 4.99 lakh, the premium T2O Quick2Charge variant costs Rs 5.38 lakh (ex-showroom Mumbai).Barely a fortnight after the launch of the launch of the FAME (Faster Adoption and Manufacturing of Electric Vehicles) India scheme by the Ministry of Heavy Industries and Enterprises in collaboration with SIAM, Mahindra Reva has substantially prices of its e2o all-electric car.The e2o’s pricing now starts at Rs 4.99 lakh (ex-showroom, Mumbai), down Rs 1.77 lakh over the previous Rs 6.76 lakh for the base T2 variant. The premium T2O Quick2Charge variant now costs Rs 5.38 lakh (ex-showroom, Mumbai), a reduction of Rs 1.74 lakh compared to the earlier Rs 7.12 lakh price-tag.The price reduction, according to the company, will be over and above any other incentives already on offer.- See more at: http://www.autocarpro.in/news-national/mahindra-reva-slashes-e2o-price-rs-177-lakh-8248#sthash.wkRJBinr.dpuf



Thursday, 16 April 2015

Automotive Updates - 16th April 2015

  •  Daimler India Commercial Vehicles Pvt. Ltd. (DICV), the fully-owned subsidiary of Daimler AG, will inaugurate its bus plant in May. The announcement was made at International fair, Messe, Hannover. Wolfgang Bernhard, Daimler AG Board member responsible for Daimler Trucks & Buses, said, "On the basis of our strong truck business, we are now pressing ahead on the Indian bus market. For that purpose, we are consistently using existing suppliers, our production site and our sales network in India." (Etauto.com)
  • In a shocking piece of news coming from the US, Hero MotoCorp’s technical partner Erik Buell Racing (EBR) has filed for bankruptcy as it closed doors at its East Troy, Wisconsin facility laying off 126 employees (it also shut its website). EBR reportedly has a debt of over $20 million (around Rs. 125 crores) and is seeking Chapter 128 or bankruptcy protection from its creditors. The news surely comes as disappointing as the company had resurrected from the ashes back in 2009 after Harley-Davidson’s closure of Buell Motorcycles.After finding limited funding domestically and with Erik Buell make his own investments into the company, EBR received a major boost when Hero MotoCorp found potential in the American manufacturer and bought a 49.2 percent stake in July 2013, investing $25 million (Rs. 150 crores) that helped keep its operations afloat.Read more at http://www.motorbeam.com/2015/04/bikes/ebr/hero-motocorps-tech-partner-ebr-ceases-operations-goes-bankrupt/#gATZrdEIC8Qu3uW5.99
  • Sumit Mazumder, CMD of Tractor India, has taken over as the new president of the Confederation of Indian Industry (CII). Addressing media persons after taking over charge today, he said that CII’s recommendations for 2015-16 are to fast-track sectoral policies including the national steel policy, the national policy on capital goods, national chemical policy and the national textile policy. In addition, taking the ease of doing business to the states is necessary as well as creating a single-window platform for all regulatory issues related to start-ups. - See more at: http://www.autocarpro.in/news-national/sumit-mazumder-appointed-president-confederation-indian-industry-8207#sthash.SqSJNgBj.dpuf
  •  Hitachi Automotive, part of the Japan-headquartered Hitachi Group, has set up an auto parts manufacturing facility with an investment of Rs 3.13 billion (Rs 313 crore) to cater to domestic and overseas markets, a top company official said today.Hitachi Automotive Systems India will manufacture valve timing control systems and ignition coils from October this year at the facility at Panchanthiruthi village in Tiruporur Taluk in neighbouring Kancheepuram District. (Etauto.com)
  • Working towards its intiative to promote safe riding in the country, Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) today inaugurated its new traffic-training park in Hyderabad, in collaboration with Hyderabad Traffic Police. This is Honda’s 8th traffic park in India and its 1sttraffic park to promote road safety in South India. The inauguration was graced by chief guest Mr. Mahendar Reddy (IPS, Commissioner of Police, Hyderabad), Mr. Jitender (IPS, Additional Commissioner of Police, Traffic, Hyderabad); Mr. Tomoaki Nagayama (Deputy Director, South Region, Sales & Marketing, HMSI) and Mr. Ashish Chaudhary (Assistant General Manager – South Region, Sales & Marketing,  HMSI).(motoroids.com)
  • Miami-based two-wheeler manufacturer UM Motorcycles had showcased its motorcycles at the 2014 Auto Expo. It has now been reported that the manufacturer will make the debut in the market with a 400 cc motorcycle. It is not yet sure whether the bike will come in the form of a scrambler or a cruiser. However, the chances of it being a cruiser bike are more because of its grand acceptance in the market.(cartrade.com)
  • The current Fiat Linea is a pure driver’s delight with its sorted driving dynamics and the really fun T-Jet engine under the hood which makes it a choice for the enthusiasts over the otherwise popular Honda City or Hyundai Verna in the segment. However, the Linea has been on sale since 2007 making it really old now and Fiat Chrysler Automotive (FCA) has commenced work on the next generation model that was recently caught testing in Italy and will hit the showrooms across Europe sometime in 2016.While the heavily camouflaged test mule gives out very little information, the next generation Fiat Linea is said to be based on the automaker’s Small US Wide Architecture and will grow longer and wider than the outgoing version.Read more at http://www.motorbeam.com/2015/04/cars/fiat-linea/next-generation-fiat-linea-spied-in-italy-will-be-called-bravo/#dHMArywcHkOkL10f.99



Automotive Updates - 14th and 15th April 2015

  • Hitachi Automotive Systems (India) today inaugurated a new components and systems plant in Chennai. The company has invested around Rs 313 crore to set up the plant in the integrated industrial park of One Hub Chennai. The new plant, which will have 230 employees, is slated to commence production of valve timing control systems (VTCs) and ignition coils in October 2015. Subsequently, the component portfolio will be expanded to include a varied range of products. To ensure top-notch product quality, global standard production lines will be used to manufacture VTCs and ignition coils. As a product strategy, Hitachi Automotive Systems will supply low-carbon technology products that leverage its strengths in electronic control technology and global R&D.   - See more at: http://www.autocarpro.in/news-national/hitachi-automotive-systems-plant-chennai-8201#sthash.V8gUQ2Hz.dpuf
  • After entering the compact SUV and MPV segments, Renault India is now gearing up to mark its presence in the highly competitive entry-level hatchback segment. The company is planning to launch an all new budget hatchback, codenamed XBA, to India which is already on test in our market. Set to make its global debut in India on May 20,2015, the new small car is likely to be named the Kayou.(cartrade.com)
  • Tata Motors today reported a growth rate of 9 per cent in global sales, including Jaguar Land Rover's, at 1,03,952 units in March.The company had sold 95,668 units in the same month last year. In the passenger vehicles category, global sales last month stood at 65,466 units, up 16 per cent.(ETauto.com)
  • Bangalore-based Bosch Ltd, which grappled with labour strife at its Bangalore plant last year, and more recently at its Jaipur facility, has said it will lift the lockout at its Jaipur plant. A decision to this effect has been conveyed to the Rajasthan state government. After a tripartite deliberation, involving the state’s labour department and union, a commitment was sought from the union at Bosch Jaipur plant to immediately stop the hunger strike and to withdraw the go-slow action, which began from March 19, 2015 without a notice being issued. The go-slow action put into effect by the staff union had reduced production output by up to 70 percent of normal levels. The union has agreed to a first level of increased output targets, the company said in a statement.    - See more at: http://www.autocarpro.in/news-national/bosch-lifts-lockout-jaipur-plant-8202#sthash.ZX1MQESd.dpuf
  •  Bajaj Auto is looking to export its motorcycles and three-wheelers to over 25 new markets as the company plans to scale up overseas shipments during the current financial year.Besides, the company, which today expanded its Pulsar range of bikes with the launch of AS 150 and AS 200 models, also plans to launch the Pulsar 400 during this fiscal."For motorcycles this year we are looking at 14 new markets and for three wheelers about 12-13 markets all over the world...between our motorcycles and three wheelers about 25 markets that we have chance of entering this financial year," Bajaj Auto Managing Director Rajiv Bajaj told reporters here. (ETauto.com)
  • With an intent to create skilled manpower, Tata Group plans to train at least 5 lakh individuals every year. The company has also agreed to collaborate with Siemens in India to develop dual vocational education training to support skill development in the country."We at present impart vocational training to nearly 40,000 individuals every year across the group. But we now intent to increase it to 5 lakh every year," Tata Sons Chairman Cyrus Mistry said addressing a gathering at the international trade fair here.Prime Minister Narendra Modi and German Chancellor Angela Merkel today inaugurated the India Pavilion at the fair in which India is a partner country.(cartrade.com)
  • Tata Motors is expected to launch a new version of the Nano. Dubbed GenX, the car will be equipped with a Generation 3 automated manual transmission (AMT). The gearbox is expected to make it easier to drive.According to a media report, the transmission will come with a creep function, which will help the car crawl forward once the driver lifts his foot off the brake pedal. The accelerator pedal does not have to be pressed. This should make the car very easy to manage in stop-go traffic and during parking. The creep function is not available in the other AMT-equipped car from Tata Motors - the Zest. That is because the compact sedan uses an older generation gearbox.(team-bhp)
  • Earlier this month, Schaeffler’s plant in Vadodara, Gujarat has been awarded the Schaeffler Technology Center (STC) certificate and is now a part of the corporate Global Technology Network. This was preceded by a multilevel structured process to verify that the local engineers can demonstrate a defined performance spectrum and are able to implement it in their daily work. The company says its Vadodara unit provides customers across India with comprehensive technical support and speedy advice, even for very complex inquiries. Globally, a further 26 STC ensure that this high level of expertise is available to all customers. - See more at: http://www.autocarpro.in/news-national/schaeffler-vadodara-plant-tech-centre-certification-8197#sthash.PXKkEVsl.dpuf
  • Fiat Chrysler Automobiles does not expect to sell more than 10 percent of its Ferrari subsidiary in a planned initial public offering, Chief Executive Sergio Marchionne said on Wednesday, in a change of heart from a month ago.Marchionne said last month Fiat Chrysler could sell more than 10 percent of the luxury unit to boost liquidity in the shares."I don't believe we will go above 10 percent," Marchionne said on Wednesday on the sidelines of an event in Amsterdam, but added that no final decision had been taken. (ETauto.com)
  • image from cardekho.com and 




Monday, 13 April 2015

Automotive Updates - 13th April 2015

  • The proposed India-EU trade liberalisation pact will not benefit domestic automobile firms and runs counter to the government's flagship programme 'Make in India, auto industry body SIAM has said.India should keep the labour intensive sector out of the purview of the free trade agreements particularly the proposed pact with the 28-nation European Union bloc. (ETauto.com)
  • Yamaha Motor India Sales on Monday launched its YZF-R1M superbike in the country priced at Rs 29.43 lakh (ex-showroom Delhi). "The 998-cc model would be available only on order," the company said in a statement. It also announced the launch of two colours, Deep purplish blue metallic C and Vivid Red Cocktail 1, for YZF-R1 model.Yamaha retails the YZF-R1 model in India at Rs 22.34 lakh (ex-showroom Delhi).(businesstoday)
  • Hero MotoCorp Ltd has deferred the launch of new motorcycles and speeded up work on a scooter to counter former partner Honda Motor Co.’s best-selling Activa, said three people familiar with the development.The move by India’s largest two-wheeler maker comes in the backdrop of slowing growth in the motorcycle segment—where Hero remains the leader—and Honda’s advance in the fast-growing scooter segment.The Activa rival—a 110cc, full metal body unisex scooter under development—is being put through rigorous trials to meet the July launch deadline. It will have features such as external fuel filling, telescopic front suspension, tubeless tyres, digi-analogue console, integrated braking system,remote-controlled seat and fuel lid opening, a USB mobile charging unit and a light in the under-seat storage.(livemint)
  • Datsun is celebrating its first anniversary in India and to mark this ocassion it hosted the 'Datsun Drive-On' cavalcade in Delhi. Over 100 Datsun owners were present at this celebratory drive to celebrate the brand’s first anniversary in the Indian market.The convoy of the 'Datsun Drive-On' initiative included Datsun GO and GO+ cars, which was flagged off by Guillaume Sicard, President, Nissan India Operations and Bollywood actor Ayushmann Khurrana in Delhi. Apart from the capital, this 'Datsun Drive-On' event will also be hosted across six more cities including Ahmedabad, Bangalore, Chennai, Cochin, Guwahati and Kolkata. The manufacturer will also celebrate the occasion with underprivileged children at 100 locations across our country.(carwale)
  • Heeding to the plea of the Delhi government, the National Green Tribunal stayed for two weeks its order to impound diesel vehicles, heavy or light, plying in the capital for more than 10 years.“There shall be no impounding of vehicles for two weeks. We make it clear that we are varying our order only for two weeks,” a bench headed by NGT Chairperson Justice Swatanter Kumar said.It also asked the city government to submit suggestions on providing incentives to those transferring/scrapping old, polluting diesel vehicles and on fixing a cap on the number of vehicles to be registered in the capital.(financialexpress)
  • Navigation and tracking solutions provider MapmyIndia is considering raising funds later this year to scale up operations and tap opportunities in new segments.The company, which is known for its navigation solutions and has all the major car makers in India as its clients, says its order book for this fiscal has doubled to Rs 200 crore as compared to Rs 100 crore last year. "We are cash positive operations wise, however, we may need some more investments considering our plans. So we might raise funds later this year," MapmyIndia Managing Director Rakesh Verma told PTI.(ETauto.com)
  • Mahindra's upcoming compact utility vehicle offering - S101 has been captured on camera on several occasions while performing its test runs.There have been various speculations on the possible power-trains of this vehicle in the past. We had reported that a new petrol engine is being readied for this vehicle. However now,MotorOctane confirms that Mahindra will add a new 1.2 liter, 3-cylinder petrol and diesel engine to the S101. This diesel motor is said to produce 80 BHP and is derived from the 1.6 liter diesel unit that powers the Ssangyong Tivoli. The report goes on to suggest that this unit will be mated to a 5-speed manual and an automated manual transmission.(team-bhp)
  • Honda has introduced a new VX (O) variant for its City sedan in both the petrol and diesel guises and has priced them at Rs 10.64 lakh and 11.83 lakh (ex-showroom Delhi) respectively. These two variants are positioned over the normal VX variant and get an extended feature list as well as a new colour option.
  • The biggest addition to the extended feature is the touchscreen audio visual navigation system which features a large 15.7cm screen, sat-nav, DVD/CD Playback, Bluetooth, USB, AUX, i-POD, MP3, FM/ AM,  and reverse camera. The on-board navigation featuring intuitive and suggestive keyboard allows the user to search locations and helps to reach the destination conveniently.(carwale.com)





Maruti Suzuki to partner with Punjab Government to manage 32 Driving Training Institutes across the State

New Delhi, April 10, 2015: In a first partnership of its kind, car market leader Maruti Suzuki India Limited (MSIL) will team up with Government of Punjab to manage and run 32 Driving Training Institutes in the State.

The institutes will offer high quality driving training, using driving simulators, class room instruction and practical training. Once fully operational, the Driving Training Institutes will be able to train around 10,000 learners in first phase including women, youth and the underprivileged, annually. This driving training initiative would also help in enhancing employability of youth in Punjab. MSIL will undertake management of the Driving Training Institutes. It will provide driving simulators, training cars (with dual control accessories) and course curriculum. The Company will invest around Rs 3 crore in a phased manner under this CSR program.

To mark this partnership, an MoU was signed today between Mr. Ashwini Kumar, State Transport Commissioner, Government of Punjab & Mr. RS Kalsi, Executive Director, Marketing & Sales, Maruti Suzuki India Limited.

On the occasion Mr. Anurag Agarwal, Secretary, Transport, Government of Punjab said, “We are delighted to partner with the country’s leading carmaker on the critical subject of Road Safety. We will benefit from Maruti Suzuki’s vast experience and expertise in this area. Over 10,000 learners initially are expected to benefit from the state of the art facilities of Driving Training Institutes spread in Punjab."


Highlighting the initiative, Mr. RS Kalsi, Executive Director, Marketing & Sales, Maruti Suzuki said, “India needs high-quality training in safe driving on a massive scale. Partnerships will help us achieve the scale. All our existing safe driving initiatives like IDTRs or MDS are shining examples of successful partnerships. Through collaborative approach we have touched nearly 2.5 million people, but realise that this is only a drop in the ocean. We are very happy to partner with the Punjab Government on this unique and pioneering initiative.”

The Driving Training Institutes will be located near automated driving test tracks which will be used by RTOs to conduct driving tests for license seekers.

Nearly 2.5 million trained so far by MSIL.

Maruti Suzuki, started its safe driving initiative with Institute of Driving and Traffic Research (IDTR) in partnership with Delhi Government in the year 2000. Maruti Suzuki currently manages six IDTRs including two in NCR and one each in Dehradun, Vadodara, Rohtak and Bahadurgarh, in partnership with state governments. These institutes offer learner and refresher courses, including to commercial vehicle drivers.

Many trainees find gainful employment after completing their training program. Nearly 5000 tribal youth in Gujarat, many of them landless workers, have found jobs or turned successful entrepreneurs after being trained in the residential program at IDTR, Vadodara, run by Maruti Suzuki in partnership with Gujarat government.

Maruti Suzuki also collaborates with its dealers who manage and operate nearly 340 Maruti Driving Schools (MDS) across the country. MDS are neighbourhood driving schools that are equipped with driving simulators and offer a mix of class-room and practical training by trained instructors (including women). Over half the people trained at MDS are women.

The IDTRs and MDS have trained nearly 2.5 Mn people in safe driving practices in 15 years
The IDTRs and MDS also design customized programs for corporate employees, women and police and paramilitary personnel to expand the reach of safe driving practices. Under its Safe Driving initiative, Maruti Suzuki also has “Train the Trainer” program for driving instructors that helps to multiply the impact.

Sunday, 12 April 2015

Automotive Updates - 11th and 12th April 2015

  • Car sales in India grew for the first time in three years in 2014-15, largely on hopes of an economic revival after a new government took charge in New Delhi.An auto lobby group said the industry would at least do as well in the current fiscal year on the back of further reforms, a spate of launches and anticipated interest rate cuts by the central bank.(livemint)
  • Supply of goods, including essential commodities, could be impacted leading to price escalation in the national capital due to implementation of NGT's ban on plying of diesel vehicles that are more than ten years old, traders body CAIT said on Saturday."The NGT order, if implemented in Delhi, will have a great fall out. The supplies of goods, including essential commodities will be greatly effected resulted into escalation in prices and no easy availability of goods," CAIT said in a statement.(business today)
  • In a precursor to bigger sibling Maruti Suzuki's goal of selling locally made vehicles to parent Suzuki Motor Corporation, unlisted two-wheeler company Suzuki Motorcycle Pvt has embarked on a plan to export its India-manufactured bikes to Japan.Suzuki Motorcycle has selected the 150cc Gixxer to be shipped to Japan, where such sports bikes are increasingly getting popular. Rival Yamaha had exported its deluxe 150cc R15 motorcycle to Japan to tap the growing market for compact two-wheelers in that country.(ETauto.com)
  •  With a third entry level car from Datsun stable slated for launch next year, Japanese auto major Nissan is seeking a bigger play in India’s small car market dominated by Maruti Suzuki and Hyundai.The company, which sold a total of about 17,000 units of Datsun vehicles in the country in the first year since the brand made a comeback last year, is looking at having around 60 exclusive showrooms of the brand, mostly in smaller towns by 2016.(livemint)
  • PWD Minister Chandrakant Patil today said the government had no plans to increase the levy of toll on large vehicles to compensate for abolishment of toll on light motor vehicles and state transport buses from the midnight of May 31.The government has announced closure of 12 toll plazas and scrapping of toll for light motor vehicles and state transport buses at 53 toll plazas from May 31.(ETauto.com)
  •  Aircraft manufacturer Airbus SAS of Toulouse said it is willing to set-up final assembly lines and establish supply chain and related infrastructure for military transport aircraft and helicopters in India. The defence and space unit of Airbus has also plans to develop and manufacture electronic sensors with a partner in India, and has advanced discussions to support state-run Hindustan Aeronautics Ltd’s combat aircraft programmes.In a statement, Airbus said one of its units, Airbus Helicopters is in discussion with Indian companies to finalise teaming arrangements for various helicopter programmes, including the Naval Utility Helicopter, the Reconnaissance and Surveillance Helicopter as well as the Naval Multi-Role Helicopter competitions.(livemint)





Automotive Updates - 9th and 10th April 2015

  • Japanese electric two and three-wheeler manufacturer, Terra Motors is building a new factory in the state of Haryana with an investment of $ 5 million (Rs. 31 crore). The factory is expected to roll out e-rickshaws.Terra Motors plans to launch the R6 r-rickshaw in India next month. The vehicle has received certification to ply the vehicle on the roads from the Automotive Research Association of India (ARAI). The company is targeting a market share of 30% in the e-rickshaw segment in the first year. (teambhp)
  • French auto major Renault today forayed into the multi purpose vehicle (MPV) segment in India with the launch of ‘Lodgy’ at an introductory price starting at Rs 8.19 lakh (ex-showroom, Delhi).The vehicle will compete with the likes of Toyota’s Innova, Maruti’s Ertiga, Honda’s Mobilio and General Motors’ Enjoy, which are priced in the range of Rs 5.99 lakh to Rs 15.8 lakh.(financial express)
  • Anant Geete, the Union Minister of Heavy Industries and Public Enterprises, has launched a new scheme for the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME). This announcement was made at the Department of Heavy Industry (DHI) of the Indian Government, closely in association with the Society of Indian Automobiles (SIAM). The government has made an announcement that it will offer incentives up to Rs 29000 for two-wheelers and Rs 1.38 lakhs for cars under this scheme. Also, the government has decided to spend Rs 795 crores in the first two financial years under this scheme.(cartrade.com)
  • Bajaj Auto dealerships have started displaying the upcoming Pulsar AS200 motorcycle.Based on the Pulsar 200 NS, the AS200 (AS stands for Adventure Sport) comes with an adventure touring body style. It has a semi fairing, projector headlamp, a fairly large windshield, clear lens turn-indicators, a full-sized rear mudguard, an underbelly exhaust and black alloy wheels. The bike has digital instrument cluster with an analogue tachometer. There is a telescopic fork suspension at the front and a monoshock at the rear.(teambhp)
  • Toyota has developed a new 1.2 litre direct-injection, turbo petrol engine which has been named 8NR-FTS. The engine is very fuel-efficient, has good acceleration figures and a wider torque range. To start with, the new engine would be available as an option for the partially redesigned Auris model, which is currently available only in Japan. Toyota claims that the 8NR-FTS delivers a fuel-efficiency of 19.4 km/l along with thermal efficiency as well. The engine pairs a single-scroll turbocharger with a cylinder head that uses an integrated water-cooled exhaust manifold to optimise exhaust temperature. This basically allows adaptive intake cooling to take place and is not affected by the engine’s thermal load. As a result of this, the vehicle can achieve better acceleration figures with maximum torque available across a wide RPM range.Read more at http://www.motorbeam.com/2015/04/cars/toyota-cars/toyota-develops-new-1-2-litre-turbo-petrol-engine/#46zDoyk7Tjd5YdTd.99
  • Nissan India has been working on further strengthening its presence and growth in India. As part of fresh initiatives, the company has announced that effective from 13th April, 2015. Post resuming his duties Satinder shall be reporting to Arun Malhotra – Managing Director, Nissan Motor India Pvt. Ltd.Speaking more on the occasion, Mr. Arun Malhotra – Managing Director, Nissan Motor India Pvt. Ltd. said, “As we continue to make quick and firm progress in taking Nissan Group of India to its next level it is imperative that we grow and nurture a robust sales and service backbone to ensure customer satisfaction. We have found a strong professional in Satinder Singh Bajwa who brings with him vast experience that can help meet our business goals.” (cartrade.com)





Thursday, 9 April 2015

Automotive Updates - 8th April 2015

  •  Royal Dutch Shell said on Wednesday it had agreed to buy BG Group for 47 billion pounds ($70 billion) in a bid to close the gap on the world's biggest oil major, U.S. ExxonMobil.In a joint statement, the two firms said that as part of the recommended deal Shell would pay a mix of cash and shares that would value each BG share at around 1,350 pence. It said this represented a premium of around 52 percent to the 90-day trading average.(ETauto.com)
  • The Karnataka government is gearing up to ban two-stroke autorickshaws in Bangalore city in a bid to bring down rising pollution levels. A proposal in this connection has been sent to the environment and ecology department, government sources said. The move by the government is seen as boost to the sales of LPG-fitted autorickshaws as the government has already made it mandatory that the new autorickshaws should be fitted with LPG-powered, four-stroke engines. The government’s decision comes after the Karnataka High Court issued directions to the State Pollution Control Board (KSPCB) to control pollution levels in the state capital. - See more at: http://www.autocarpro.in/news-national/karnataka-ban-polluting-stroke-autos-bangalore-8141#sthash.H729x42y.dpuf
  • Scheme for FAME India, Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles has been announced by the Department of Heavy Industry (DHI) of the Government of India, in association with the Society of Indian Automobile Manufacturers (SIAM). The initiative was announced by Shri Anant Geete, Minister of Heavy Industries and Public Enterprises of India in the presence of stakeholders and the general public. Organized by the Department of Heavy Industry, Ministry of Heavy Industries and Public Enterprises, Government of India. The event was honored in the presence of Hon’ble Minister of Heavy Industry Shri Anant Geete, Secretary Heavy Industry Shri Rajan Katoch, Additional Secretary and Financial Advisor Shri S.K Bahri and Additional Secretary Heavy Industry Shri Ambuj Sharma.(cartrade.com)
  • Suzuki India made a comeback and how with the Gixxer 155 that changed the fortunes for the two-wheeler manufacturer in the country. Developed for markets like India, the Gixxer has been at a dominant position in the premium 150cc segment and now Suzuki is contemplating to launch the street-fighter in Japan as well. Owing to the increasing popularity of such motorcycles in its home country, the Japanese giant is planning to export the India-made Gixxer to Japan from its Manesar plant to address the demand.This is not for the first time Suzuki will be exporting bikes from other countries to Japan. In the past too, the manufacturer has exported small and mid-size motorcycles from its subsidiaries in China, Taiwan, Thailand and Indonesia. Before commencing exports from the Indian plant, the manufacturer will first showcase the Gixxer at a number of motor shows in a bid to gauge feedback from prospective customers. (motorbeam.com)
  • The Renault-Nissan Alliance and Daimler AG are to expand their five-year strategic cooperation into the pickup truck segment. Together, Nissan and Daimler will develop a 1-tonne pickup truck for Mercedes-Benz. Mercedes-Benz recently announced its entry into this segment (see story link below). The Mercedes-Benz pickup will share some of the architecture with the all-new Nissan NP300 but it will be engineered and designed by Daimler to meet the specific needs of its customers. The vehicle will have all of Mercedes-Benz’ distinctive characteristics and features. - See more at: http://www.autocarpro.in/news-international/renault-nissan-alliance-daimler-jointly-develop-tonne-pickup-truck-8136#sthash.H9tMMD49.dpuf
  • he media account of Honda Cars will be now maintained by Motivator, one of GroupM's media agencies. According to the company’s senior officials, the volume of this account is calculated at more than Rs. 100 crore, including the digital media. Prior to Motivator, this account was maintained by ZenithOptimedia. Expressing her views on this move, the Assistant Vice-President (Marketing) at Honda Cars India, Anita Sharma was quoted as saying, "As part of our corporate governance rules, we call for a pitch every three years. And this time we had invited six agencies and had two rounds of pitch presentations. We asked agencies to present two case studies for Honda City and Amaze."(cartrade)





Tuesday, 7 April 2015

Automotive Updates - 7th April 2015

  • Suzuki Motorcycle India on Tuesday launched a new variant of its flagship bike Gixxer, priced at Rs 83,439 (ex-showroom Delhi).The new variant - Gixxer SF comes with full fairing, which has been designed to give maximum wind protection to the rider. "We are confident that the Gixxer SF too will thrill young buyers across India and further strengthen our market position," Suzuki Motorcycle India Executive Vice President Atul Gupta told reporters in the national capital.(businesstoday)
  • The electric vehicle industry is kicking off the new financial year with a fresh start as investments, both from the industry as well as the government, start to pour in. New Motion, one of the world's largest smart charging companies, is investing 150 million (about `. 1,000 crore) in setting up a manufacturing facility in India and make India its global manufacturing hub. "In Europe there'll be 3 million electric vehicles in the coming 5 years. We expect the numbers in India to be much larger than that," said Ritsaart Montfrans, founder and CEO at New Motion."By building a manufacturing facility in India, we are trying to bring down the cost of charging -it needs to be affordable for India."(ETauto.com)
  • With the start of the new fiscal, North India has moved to Euro IV standard fuel. The move is expected to bring down the levels of particulate emissions from diesel vehicles. Euro IV diesel has a much lesser sulphur content (50 ppm) compared to BS III fuel (350 ppm).While the supply of Euro IV fuel has started in all north India cities, truck manufacturers are still not producing engines that can comply with the standards. It will be only in October that Euro IV-compliant vehicles will be rolled out. That means Delhi, the national capital, will not experience a big drop in the levels of pollution for another six months at least. (team-bhp)
  • Country's largest two-wheeler maker Hero MotoCorp is working to extend its fuel efficient i3S technology, which helped improve mileage of Splendor iSmart model, to other sub-brands under the Splendor range."As per the latest (March, 2015) Fuel Efficiency (FE) values, Splendor iSmart returned a mileage of 102.50 kilometer per litre," a Hero MotoCorp spokesperson said. The fuel efficiency of the Splendor iSmart model has been certified by the iCAT ( International Centre for Automotive Technology), he added.When asked if the new technology could be extended to other models, he did not comment.Industry sources, however, said, Hero MotoCorp is working on extending the i3S technology to some of the other models in the Splendor portfolio.(cartrade)
  • Baba N Kalyani, Chairman and Managing Director, Bharat Forge Limited was today conferred with the prestigious "Eminent Engineer Award - 2015" by Dr Kirit Parikh, Chairman , Integrated Research and Action for Development and former member , Planning Commission on the occasion of 13th Foundation day of Engineering Council of India. Baba N Kalyani got the award for his outstanding contribution in the field of engineering industry. He joins the elite club of eminent personalities like NR Narayan Murthy, Founder, Infosys, Baldevraj, Director, National Institute of Advance Studies, Bangalore etc have been previously awarded with this honour by The Engineering Council of India. (ETauto.com)
  • Auto component major Bosch has declared a lockout at its Jaipur plant due to the ongoing worker unrest in the facility. The plant, which has a history of labour issues, was shut for a day last month also on account of a day-long strike by the labour union over wage settlement. “The company’s management has taken a considered decision in declaring a lockout against the labour union and workmen of the company’s Jaipur plant indulging in a go-slow action, effective April 5,” Bosch Ltd said in a filing to the BSE.Read more at: http://www.livemint.com/Industry/BXmh1bYineoanugnfana6K/Bosch-declares-lockout-at-Jaipur-plant.html?utm_source=copy