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