Maruti Sales Rise 14% in May 2015

Car market leader Maruti Suzuki India Limited sold a total of 114,825 units in May 2015, a growth of 13.8 per cent. This includes 102,359 units in domestic market and units in 12,466 exports.

The Company had sold a total of 100,925 units in May 2014.
The sales figures for May 2015 are given below:

Automotive Updates - 30th and 31st May 2015

• Two-wheeler maker Ather Energy has received $12 million funding from venture capital firm Tiger Global. The firm will spend it on development, testing, production and the launch of the electric bikes that are expected to be out early next year.“We want to offer the Indian consumer a completely new driving experience by developing a product that would be at par with any petrol or electric two-wheelers available in the market today. This investment will help us continue to evolve our product and scale it towards launch,” said Tarun Mehta, chief executive, who co-founded the company along with Swapnil Jain at the IIT Madras Research Park.(Livemint)

• Eric Buell Racing’s (EBR) sudden bankruptcy announcement in the U.S. has altered Hero MotoCorp’s original plan of foraying into the quarter-litre motorcycle category. The largest two-wheeler manufacturer in the world by volume had plans of stepping into the midsized motorcycle category with its four-stroke, liquid-cooled, single-cylinder, 249cc, fully-faired HX250R model by Q2-Q3 FY2015-16. However, according to sources aware of the development of Hero’s 250cc sportsbike, which is in its advanced stages of completion, the project launch is now expected to be delayed. - See more at: http://www.autocarpro.in/news-national/ebr-bankruptcy-delays-hero-motocorp-hx250r-launch-8502#sthash.iVoYsM8u.dpuf

• German auto major Volkswagen is working on plans to roll out an 'India-specific' Sedan next year, a top official of the company said today. "It will be a compact Sedan and compatible with Indian conditions. The rollout will be most likely during next year," Volkswagen Managing Director Thierry Lespiaucq told reporters here.He declined to divulge price details, but said it won't be below Rs 5 lakh. Lespiaucq, who was here to inaugurate a new car dealership and hand over the 3,00,000th car in India, said the company has lined up a series of exciting new launches for the next 24 months as "they are optimistic about continuing with their growth momentum in the Indian market".(cartrade.com)

• The government today approved Rs 4,318.28 crore for constructing roads and basic amenities at two industrial regions in Gujarat and Maharashtra under the Delhi-Mumbai Industrial Corridor (DMIC) project.The Cabinet Committee, chaired by Narendra Modi, has approved the construction of trunk infrastructure components of Phase-1 of the Dholera Special Investment Region (DSIR) in Gujarat and Phase-1 of the Shendra Bidkin Industrial Area (SBIA) in Maharashtra under the DMIC Project.(ETauto.com)

• German luxury carmaker BMW today launched an updated version of its ‘6 Series Gran Coupe’, priced up to Rs 1.21 crore (ex showroom Delhi).The model will come in two variants– the BMW 640d Eminence priced at Rs 1.14 crore and the 640d Design Pure Experience version tagged at Rs 1.21 crore.The company introduced the new car at the preview of the BMW India Bridal Fashion Week 2015 to be held in the Capital from July 15-19.(financial express)

• Rumours regarding the discontinuation of the Honda Unicorn had been circulating ever since the firm introduced CB Unicorn 160 in the Indian market. However, the bike manufacturer did not commit to this or confirm. According to latest reports, the Japanese firm has taken the bike off the website of its Indian subsidiary, indicating the long-due discontinuation of Unicorn. This decision marks one of the best runs of any motorcycle in the Indian market and Unicorn has performed exceptionally well.The Unicorn model gave Honda the impetus to go ahead and become a popular bike in the Indian market by making a mark in the 150 cc segment. Launched in the year 2005, this model has registered excellent sales figures consistently over the years and has developed quite a fan following in India.(cartrade.com)

• Mahindra will be finally launching its new bike, the Mojo, in June 2015. "We will be launching the Mojo bike, in the first half of FY16," stated Dr Pawan Goenka, Executive Director, Mahindra & Mahindra. The Mojo is a 300cc new bike that Mahindra will be looking at for entering the performance segment.Mahindra Mojo will have a 296cc single-cylinder liquid cooled engine that will churn out 27bhp of power and 25Nm of peak torque. The Mojo will come mated to a six-speed transmission. It is likely to have daytime-running LED lamps, a new fuel tank, upside down forks, twin mufflers, Pirelli Sport Demon tyres, Y-spoke black alloy wheels and LED tail lamps.(Etauto.com)

Auto Updates - 28th and 29th May 2015

• Third party logistics player TVS Logistics Service (TVS LSL) has announced the acquisition of Drive India Enterprise Solution Ltd (DIESL). The deal is expected to make a combined entity of Rs 4,000 crore and one of India’s most capable and diversified companies in the logistics space. Tata Opportunities Fund, the flagship private equity fund from the Tata Group, will invest upto Rs 250 crore into TVS LSL to fund the acquisition through a minority stake, while the rest of the funding will come from internal accruals. The deal is subject to regulatory approvals and valuations of the deal have not been disclosed. - See more at: http://www.autocarpro.in/news-national/tvs-logistics-expands-local-footprint-acquires-diesl-8498#sthash.MB20Rm5s.dpuf

• Commercial vehicle maker Daimler India Commercial Vehicle, a 100 per cent subsidiary of Stuttgart-based Daimler, today inaugurated its new bus manufacturing facility set up at an investment of Rs 425 crore at Oragadam.Post inauguration of the bus unit, Dr Wolfgang Bernhard, Member of Board of Management, Daimler Trucks and Buses said, "With the opening of bus plant, DICV is expanding its business and becomes a full-fledged commercial vehicle manufacturer in Indian market". (cartrade.com)

• In its continued endeavour to get closer to its customers and expand its network in the city, Tata Motors today launched a new state-of-the-art full-range Passenger Vehicle dealership, M/s Deogiri Auto, in Jogeshwari (West), Mumbai.  This inauguration of the 9th dealership in Mumbai is a step towards Tata Motors’ commitment to increase its network by three-folds in the next 5 years across the country.Under its Horizonext strategy, Tata Motors is committed to bring world-class sales experience and technology enabled, consistent service experience to all its discerning customers. With Mumbai being one of the most significant automobile markets in the country, the company has inaugurated this dealership backed by technology in Jogeshwari to cater to the demand from the northern suburbs and other catchment areas.(Autosamiksha)

• Japanese car maker Suzuki has been in the news for the launch of its new 1.5-litre diesel powertrain in the past few months. However, according to fresh reports, the firm has backtracked on this plan and reportedly decided to take around three more years before introducing it. A report by Autocar India claims that Suzuki seems to be struggling with finding the right refinement and performance levels for the new diesel drivetrain. Thus, the development team wants to take its time before launching it in the market. (cartrade.com)

• Royal Enfield has just launched a new range of gear inspired by the Despatch Riders of the World Wars. In addition to the apparel and accessories, the collection also includes limited edition motorcycles that will be sold in India and select international markets. The collection was unveiled at Royal Enfield’s new gear store in Delhi’s Khan Market.(Team-bhp)

• By April 2017, Nissan Motor will have 10 percent of its managerial posts held by women. At present, Nissan has 8.2 percent of all managerial postions are held by women.Nissan now has 214 female managers, with one in ten female employees working in management-level positions.(Etauto.com)

• Hit by poor sales, Hinduja Group flagship company Ashok Leyland has suspended the production of its first passenger vehicle - Stile, and has written down the investments made in the joint venture with Japanese auto maker Nissan Motor Company by Rs 214 crore, a top official said. Ashok Leyland had inked a joint venture with Nissan Motor Company to produce light commercial vehicle and passenger vehicles. Under the joint venture the company rolled out 'DOST' light commercial vehicle and 'Stile' in the passenger goods segment. (cartrade.com)

• Volkswagen, Europe's leading car manufacturer, has announced the delivery of its 300,000th car in India. The milestone was achieved at the inauguration of Volkswagen's new 3S (Sales, Service and Spares) dealership in the city on Friday.This further strengthens the company's dealer network which now comprises 118 showrooms across 100 cities in India. The new dealership, Volkswagen Coimbatore, is a full-fledged 3S facility with a capacity to display up to eight cars at the shop floor and a 43-bay workshop.(Etauto.com)

Tata Motors launches new full-range Passenger Vehicle dealership in Mumbai

KEY HIGHLIGHTS:

• Designed for a complete and comprehensive customer experience
• State-of-the-art 3S facilities for Sales, Service & Spares
• The new facility will also offer mobile break down service assistance

In its continued endeavour to get closer to its customers and expand its network in the city, Tata Motors today launched a new state-of-the-art full-range Passenger Vehicle dealership, M/s Deogiri Auto, in Jogeshwari (West), Mumbai.  This inauguration of the 9th dealership in Mumbai is a step towards Tata Motors’ commitment to increase its network by three-folds in the next 5 years across the country.

Under its Horizonext strategy, Tata Motors is committed to bring world-class sales experience and technology enabled, consistent service experience to all its discerning customers. With Mumbai being one of the most significant automobile markets in the country, the company has inaugurated this dealership backed by technology in Jogeshwari to cater to the demand from the northern suburbs and other catchment areas.

Spread over 12000 sq ft with Sales, Service & Spares under one roof ( 3S Facility), this showroom possesses highly trained manpower and sophisticated tools for faster turnaround and would successfully fulfil all the needs of a passenger vehicle customers at a single location. 

Speaking at the inauguration Mr. Mayank Pareek, President, Passenger Vehicle Business Unit, Tata Motors, said, “This new dealership in Jogeshwari, M/s Deogiri Auto, is a result of our continued efforts to increase our foot-print across the country to get closer to our customers. We are seeing good response to our new range of passenger cars in the market and have done very well. We are on the growth trajectory and will grow every month. We want to ensure that our customers have easy access to us and can experience our products hassle-free.”

Automotive Updates - 27th May 2015

•  Nissan Motor Co. Ltd’s Indian unit, which last year overtookMaruti Suzuki India Ltd as the largest car exporter from India, on Tuesday said India needs to improve its tax structure and infrastructure and keep costs low to attract foreign investment in manufacturing.The cost of raw materials, power and labour must be competitive for the government’s Make in India campaign to succeed, Guillaume Sicard, president of Nissan’s India operations, said at a press briefing to mark the export of 500,000 cars from India by Nissan.(livemint)

• Commercial vehicle maker Daimler India Commercial Vehicle, a 100 per cent subsidiary of Stuttgart-based Daimler, today inaugurated its new bus manufacturing facility set up at an investment of Rs 425 crore at Oragadam."With the opening of bus plant, DICV is expanding its business and becomes a full-fledged commercial vehicle manufacturer in Indian market," Daimler Trucks and Buses, Member of Board of Management, Wolfgang Bernhard said after formally inaugurating the bus unit.(ETauto.com)

• Hyundai is the first carmaker to offer Google’s Android Auto system.Starting today, Android smartphone users with a 2015 Sonata can ask dealers to download the system for free.Drivers must have a Sonata with navigation, which is part of an optional technology package. Android Auto will soon be available on other Hyundai models.Android Auto connects to drivers’ smartphones and lets them access certain apps, like Google Maps or Spotify, by voice, steering wheel controls or touchscreen graphics on the dashboard. It locks their phones while in use to help keep drivers’ eyes on the road.(financial express)

• Global automotive supplier Continental has received new charge with the acquisition of Emitec. In 2014, Continental announced the 100% ownership of the joint venture with Emitec Emission Control Technologies. Emitec, founded in 1986 and based in Lohmar, Germany was formerly a 50/50 joint venture between Continental and GKN. With this acquisition, Emitec has been integrated into Continental’s Powertrain Division, merging with Business Unit Fuel Supply (FS) to form a new Business Unit Fuel & Exhaust Management (FEM). In addition to production sites in Lohmar and Eisenach in Germany, Faulquemont in France and Fountain Inn in South Carolina, USA, Emitec has a plant in Pune, India.   - See more at: http://www.autocarpro.in/news-international/continental-expands-powertrain-portfolio-emitec-acquisition-8484#sthash.WtJx9OqE.dpuf

• Robert Bosch Engineering and Business Solutions inaugurated phase II of its facility on Wednesday in Keernatham Village near Saravanampatty. Former Indian Space Research Institute chairman K Kasturirangan inaugurated it.Inaugurating the facility, Kasturirangan said, "If Coimbatore is known as the Detroit of the East, the need of the hour is a critical stamp which proclaims its automotive competency, and this is now available in the form of Bosch." He said that the expansion of the facility would add to the infrastructure to provide support for technical innovations.(Etauto.com)

• Automotive lighting equipment manufacturer Autolite (India) has inked a joint venture agreement with Jinway Import & Export Co Ltd of China to set up a plant in Jaipur. The plant will manufacture high-tech capital goods for production of latest technology products like fire plasma surface treatment machine, robotic IR and UV curing coating line, advanced assembly lines with online vision inspection system, online test and adjustment assembly machines, clean room systems, laser-based welding systems and ultrasonic welding systems. These machines will be used in sectors like automobiles, automotive components, renewable energy, aviation, biotechnology, pharmaceuticals, defence manufacturing, semiconductors and LEDs. The first-of-a-kind project, which will create employment opportunities in Rajasthan, will attracting investment from China. - See more at: http://www.autocarpro.in/news-national/autolite-india-jv-pact-chinese-set-plant-jaipur-8482#sthash.LGVKDKZ2.dpuf

Daimler India Commercial Vehicles inaugurates bus manufacturing plant and reveals a range of new products

• Inauguration of new bus manufacturing facility
• New range of Mercedes-Benz Buses and BharatBenz Buses expand the current product portfolio
• Premiere of the new BharatBenz 3143 as first local deep mining truck & BharatBenz 4940 as local heavy duty tractor
• Investment of INR 425 crore for the bus plant facility

Oragadam, India: Daimler India Commercial Vehicles Pvt. Ltd. (DICV), a 100% wholly owned subsidiary of Daimler AG, Stuttgart, Germany, today announced the inauguration of its new bus manufacturing facility in Oragadam and unveiled its second wave of products – BharatBenz and Mercedes-Benz buses as well as a new range of new BharatBenz high-power engine trucks and BharatBenz heavy duty tractors.

The new state-of-the-art bus manufacturing plant, constructed within the existing premises of DICV spread across an area of 27.91 acres, will manufacture and assemble buses under two brands: Mercedes-Benz and BharatBenz. With an investment of INR 425 Cr, the bus plant is set up for an initial capacity of 1,500 units which can be further expanded to 4,000 units subsequently.

Dr. Wolfgang Bernhard, member of the Board of Management responsible for Daimler Trucks and Buses; Mr. Hartmut Schick, Head of Daimler Buses; Mr. Marc Llistosella, Head of Daimler Trucks Asia; Mr. Markus Villinger, Managing Director Daimler Buses India; Mr. Erich Nesselhauf, Managing Director and CEO, Daimler India Commercial Vehicles andMr. Mark Nodder, Chairman and CEO, Wrightbus were present at the ceremony in Oragadam.

Speaking on the occasion, Dr. Wolfgang Bernhard, member of the Board of Management responsible for Daimler Trucks and Buses, said, "We have become firmly established in the Indian market with our BharatBenz brand, despite only operating in the market since 2012. We continue to strengthen our presence in the Indian commercial vehicle market with new products, now also including buses. In doing so, we are opening a new chapter of growth.” He added, "This investment represents the ongoing pursuit of our strategy of targeted expansion for our global market presence.”

Mr. Hartmut Schick, Head of Daimler Buses, specified, “We see enormous potential for growth in the Indian market. For example, we expect the volume of the Indian market for buses weighing over eight tons to more than double by the year 2020. Our two-brand strategy allows us to offer our customers in the region the right products and services for them."

Mr. Marc Llistosella, Head of Daimler Trucks Asia, stated, “Opening another production facility and introducing a second wave of products in such a short time is another testimony for the strength of our Indian operations. And in combination with our worldwide FUSO network, this makes the recipe for sustainable growth at Daimler Trucks Asia.”

Introducing the second wave of DICV products

BharatBenz and Mercedes-Benz buses: Comfort travel for several distances

With the opening of the bus plant DICV is expanding its business and becomes a full-fledged CV manufacturer in the Indian market. It will adopt a two-fold strategy with BharatBenz and Mercedes-Benz buses that will cater to the Indian customer. BharatBenz buses manufactured at the Oragadam plant will be front-engine for short distance travel targeting school, staff and tourist transportation. The premium segment will be addressed with Mercedes-Benz rear-engine buses for inter-city transportation. The new plant will manufacture buses with gross vehicle weight of 9, 16 and above 16 ton range.

“The growth in the industry will position India as the second largest bus market with high strategic relevance for Daimler Buses. The new bus plant will create 1,300 job opportunities in the state, 300 for DICV and additional 1,000 at Wrightbus International. I would like to thank our highly motivated staff for completing the project in record time”, said Mr. Markus Villinger, Managing Director of Daimler Buses India.

BharatBenz 3143: Entering the mining segment

It is for the first time in the Indian mining segment that a locally manufactured truck enters the deep mining segment. The BharatBenz 3143 will be a natural progression towards high powered, cost efficient mining trucks that will bridge the gap in the industry that currently offers premium trucks and trucks that are underpowered. Developed on the existing Daimler Heavy Duty Truck platform with a 4-axle configuration, it is the most powerful local truck with 430 HP and uses the OM 457 Mercedes-Benz engine. In India, this engine will set the technological benchmark. The BharatBenz 3143 would be available in two variants 19.5Cu.M rock body and 32Cu.M coal carrier. The truck is capable of operating in challenging terrains, is crafted for Indian usage patterns and can efficiently operate in deep mining conditions, making it an unbeatable value proposition.

Completing the high power portfolio, is the BharatBenz 4940TT that is best suited for transporting heavy-lift project cargo in areas of construction and infrastructure projects that include turbines, heat exchangers, windmill propellers and various industrial equipments. This model will be launched in the market later this year.

Mr. Erich Nesselhauf, Managing Director and CEO, Daimler India Commercial Vehicles, emphasized during the unveil ceremony, “Since start of production, we have already over 20,000 trucks on Indian roads. This is a reinforcement of the customers’ acceptance of our products. India has a lot of natural resources like coal, iron and other minerals. We expect the Indian tipper industry to grow substantially by 2020. The 3143 will be a game changer in the deep mining segment targeting the most demanding application with a local product.”

The DICV plant at Oragadam

After today’s inauguration of the bus facility, the DICV plant is the only Daimler Trucks plant worldwide to produce trucks, buses and engines for three brands - Mercedes-Benz, BharatBenz and FUSO - under one roof. The bus chassis are rolled out from the same assembly line as that of BharatBenz trucks, as they are technologically similar to the medium-duty BharatBenz trucks. This showcases once more the flexibility of DICV’s assembly lines.

Cooperation with local suppliers and creation of an extensive dealership network

DICV is significantly increasing the network footprint in the country, with its state-of-the-art dealership outlets. By now, DICV has more than 80 dealerships that cover 85% of the Indian market. The buses will be served by the existing dealership network. Daimler Financial Services will also extend attractive financial packages for the bus business.

Export out of India

Under the umbrella of Daimler Trucks Asia, DICV and MFTBC (Mitsubishi Fuso Truck and Bus Corporation) have combined their strength to tap into further sales potential. While DICV focuses on the Indian market and countries such as Nepal, that are related to the Indian market conditions, MFTBC will service the rising demand in the Asian and African regions with its existing portfolio of FUSO trucks from its plant in Kawasaki and the robust FUSO trucks produced in Oragadam. With Trinidad and Tobago, DICV has now launched 12 export markets like Indonesia, Kenya, Nepal and Tanzania to name a few. With a clear view on the growth potential in South America, DICV is in preparations to establish its presence in this region and will continuously add further markets to expand its reach. The bus chassis as well as the heavy duty mining trucks will continue to expand DICVs export business. 

Hyundai Motor Group Chairman Mr. Mong-Koo Chung meets India’s Prime Minister Mr. Narendra Modi

- Discussion on mutual cooperation between Korea-India auto industry
- Hyundai Motor ranks second in vehicle sales, first in car exports, and boasts highest market share for EMU (Electronic Multiple Unit) operating in India
- Chairman Chung, “While Chennai plant is a symbol of Korea-India’s economic cooperation, I hope to further expand it in areas such as construction and railway to aid in Korea and India’s mutual economic development”
 

             On 19th of May, Hyundai Motor Group’s Chairman Mong-Koo Chung met with India’s Prime Minister Narendra Modi to exchange ideas on Korea-India’s auto industry’s cooperation and mutual development.

 

India’s Prime Minister, Mr. Narendra Modi has promoted market-friendly policies to boost growth in India’s economy. India’s auto industry’s annual sales have increased 3.2% under Mr. Modi’s strong leadership, this year projected to be 2.74 million units, a 7.8% increase from last year.

 

Chairman Chung mentioned, “Hyundai Motor’s Chennai plant is a symbol of Korea-India economic cooperation and I thank the Indian government for its support in Hyundai Motor’s growth in the Indian Market.”

 

Chairman Chung commented “I hope in the future Hyundai Motor Group will be able to continue its cooperation with India in other areas such as construction and railway to play a more meaningful role in Korea-India’s mutual economic development.”

 

India’s Prime Minister Mr. Narendra Modi replied “It is a great pleasure to meet with Chairman Chung. Hyundai Motor plays a key role in India’s auto industry. India will actively seek possible ways to continue its cooperation with Hyundai Motor. I hope Hyundai Motor will become a leading global company through its success in India.”

 

Hyundai Motor, in its first year in the market, ranked second among the car brands in India. It continued to launch strategic models specifically targeting India and now leads the market by selling 400,000 vehicles annually.

 

The Indian plant can currently produce up to 650,000 units operating on three shifts and improving the UPH (unit per hour) within its two plants.

 

Hyundai Motor Group started its railway business in India with Hyundai Rotem securing its first order in 2001. By securing subsequent orders such as Bangalore and Hyderabad metro deals, Hyundai Motor Group has the largest market share in India’s EMU market.

 

In the construction business alone, Hyundai Motor Group has successfully secured business in bridges, harbors, and power plants. Hyundai Motor Group is aiming to expand its business as the Indian government is actively investing in infrastructure projects.

 

In the auto component business, Hyundai Motor is helping its business partners in its expansion into the Indian market. Currently, 71 component suppliers including 42 1st tier suppliers have expanded into the Indian market along with the Hyundai Motor and continuing its growth in the market.

 

As the auto industry output continues to increase Hyundai Motor will support its component suppliers to attain business with other global auto companies in India.

 

Mahindra Drives in the New Age XUV500

Mahindra & Mahindra Ltd. (M&M Ltd.), India’s leading SUV manufacturer, today unveiled the New Age XUV500. Packed with a host of cutting-edge technology features, bold new cheetah-inspired exterior styling, plush and premium new interiors, exhilarating performance and best-in-class safety, the New Age XUV 500 has been designed for a whole new experience. The New Age XUV500 will now be available in 6 variants, namely, W4, W6, W8, W8 AWD and the all new W10 & W10 AWD. It will be competitively priced at Rs. 11.21 lakhs (ex-showroom New Delhi*) for the W4 variant.

Further, the New Age XUV500 sports a sculpted new exterior look including a distinctive new front grille with chrome inserts, new static bending headlamps with stylish light guides, unique new fog lamps with chrome bezel, new premium window chrome lining, stylish new 43cm (17inch) alloy wheels and new rear chrome appliqué. The new electric sunroof, first in class logo projection lamps on ORVMs, 6-way power-adjustable driver’s seat, push button start, passive keyless entry, 18cm (7inch) touchscreen infotainment system with GPS, premium new  black and beige interiors, plush new beige leather seats, amongst other additions further redefine the premium feel. Launched in 2011, the XUV500 has been unmatched in terms of its head-turning style, performance, best in class safety and comfort thereby providing a complete driving experience to customers. The New Age XUV500 is all set to take this to newer heights.  

Speaking at the launch of the New Age XUV500, Dr Pawan Goenka, Executive Director, Mahindra & Mahindra mentioned, “The XUV500 has pushed the boundaries for Mahindra since its launch, on the fronts of technology, capability and brand. More so, it established the foundations for the development of an entirely new generation of vehicles from Mahindra. Today as we launch the New Age XUV500, we have enhanced the finesse and driving experience while retaining the DNA of the Cheetah inspired XUV500. I firmly believe that the New Age XUV500 will reaffirm our customers’ faith in Mahindra’s abilities to create world class products”.

Pravin Shah, President & Chief Executive, (Automotive) Mahindra & Mahindra Ltd, said, “Right from the day of its launch, the XUV500 has become a trendsetter for the Indian automotive industry. It has done wonders by becoming the fastest selling SUV (in the premium Rs 10 lac plus category) to reach the 1 lac vehicles milestone in less than three years. Today as we launch a new avatar with the New Age XUV500, I am confident that the product will once again resonate with our customers and excite them, with upgrades in styling, infotainment, ride and handling”.

(*Local levies, Octroi, Entry Tax etc will be extra as applicable)

FEATURES OF THE NEW AGE XUV500

All New Contemporary, Bold Exterior Styling

One glance at the New Age XUV500 and its captivating, cheetah-inspired styling breaks the mould of the ordinary. Upfront, the new static-bending projection headlamps with  light guides embrace the bold and intimidating new stylish front grille. The addition of stylish black accents, bring alive the cheetah’s unmistakable tear ducts.. Enhanced further with sleek chrome accents and stylish new alloy wheels, the XUV500 has been completely overhauled. But one thing has stayed the same. Its enthralling and majestic presence on the road.

All new look for the Cheetah:

• Stylish New Front Grille with Chrome Inserts
• New Static Bending Projector Headlamps with Stylish Light Guides
• New Muscular Bonnet
• New Muscular Bumper
• Stylish New Fog Lamps with Chrome Bezel
• Stylish New Alloy Wheels
• New Window Chrome Lining
• New cheetah “tear duct-like” black accents
• New paw-styled Door Handles
• New rear Chrome  Appliqué
• Muscular Wheel Arches

Cutting Edge Hi-tech Features

Packed with advanced features, the New Age XUV500 offers cutting edge technology and features most other cars only dream of. The New Electric Sunroof with anti-pinch guarantees adventure at every step and driver’s seat is power adjustable in 6 different ways for ultimate comfort and convenience.  The first-in-class ORVM logo lamps will make you the talk of the town in your New Age XUV500! The New Push-Button Start makes the vehicle roar into action in an instant while the New Passive Keyless Entry feature offers a new level of convenience.  These, along with other features mentioned below make the New Age XUV500 a true force to reckon with. 

New, hi-tech Cheetah:

• New Electric Sunroof
• New First- in - class Logo Projection Lamps on ORVMs
• New 6-way Power-adjustable Driver’s Seat
• New Push Button Start/ Stop
• New Passive Keyless Entry
• New 7" Touchscreen Infotainment with GPS Navigation, USB Audio/Video/Picture Viewer, Bluetooth, iPod Connectivity, AUX Input
• New Brake Energy Regeneration System
• New High-tech Reverse Parking Camera with Dynamic Assist
• New Voice Messaging System
• Voice Commands with Voice Recognition and SMS Read Out
• Mahindra BLUE SENSE® Technology to control the music system & HVAC using your mobile
• Fully Automatic Temperature Control (FATC)
• Micro Hybrid Technology
• Tyre-Tronics (Tyre Pressure & Temperature Monitoring System)
• Driver Information System
• Smart Rain and Light Sensors
• Cruise Control

Plush New Interiors:

The new premium black and beige interiors redefine luxury. With its premium, new dual-tone interiors, beige leather seats and best-in-class 2^nd row space, the cabin of the XUV500 redefines luxury.

More luxury for the Cheetah:

• Premium New Black and Beige Interiors
• Plush New Beige Leather Seats
• Twin-pod Cluster with New Icy Blue Theme
• New Icy Blue Lounge Lighting
• New Sporty Aluminium Pedals
• New illuminated Scuff Plates
• Dual HVAC
• Power-adjustable and foldable ORVMs

Ride and Handling & Performance

Beneath the hood of the New Age XUV500 is its improved dynamic torque which delivers driving pleasure on any terrain. It is powered by the powerful turbocharged 2.2 litre 103 kW (140bhp) m-Hawk engine that delivers an impressive 330 Nm of torque, allowing the XUV500 to surge from 0-60 kmph in just 5.4 seconds. Further, the micro hybrid technology guarantees that it intelligently switches off the engine when not required.

Besides its splendid performance, it is extremely fuel efficient and gives a mileage of 16kmpl (ARAI certified). The sporty suspension of the XUV500 gives a lot of room for fun thanks to the McPherson struts up front and the independent multilink suspension in the rear.

New Brake Energy Regeneration in the New Age XUV500: This is regenerative braking technology in which additional electrical energy is generated through the alternator while braking or deceleration and preserved in the battery. This optimization process of electrical energy generation leads to reduced fuel consumption. Also, during acceleration, the generation process is disabled which reduces load on the engine leading to improvement in vehicle performance.

Best-in-Class Safety

The New Age XUV500 continues to offer best-in-class safety in the SUV segment.  It comes with:

A secure drive for the Cheetah:

• 6 Airbags - 2 front airbags, 2 side airbags and 2 curtain airbags
• Electronic Stability Program (ESP) with Rollover Mitigation
• Hill Hold & Hill Descent Control
• ABS with Electronic Brake Force Distribution (EBD)
• Disc brakes on all 4 wheels
• Crash protection crumple zones
• Side impact beams

Industry-First Purple Club

New Age XUV500 owners get membership of the premium, industry-first, international award winning PURPLE CLUB Program that provides lifestyle and service privileges to give an ownership experience that no other car/SUV can match.

Awards and Accolades

The XUV500 has received a tremendous response from customers and reviewers alike and was the most awarded car with 22 awards in its first year after launch, and 29 awards till date, from auto experts aside from numerous other accolades. The Purple Club ownership experience program for the XUV500 also received the award for the best loyalty program at the CMO Asia Awards 2013 and 2014. The XUV500 has notched up prestigious wins in the Indian Rally Championship (IRC) 2014 and in ‘Extreme’ category of rally-raid events such as the Desert Storm, & Dakshin Dare. The XUV500 is the first ever diesel powered vehicle to win podiums in the Indian motorsport circuit, beating 54 competitors in the Desert Storm 2014.

About Mahindra

The Mahindra Group focuses on enabling people to rise through solutions that power mobility, drive rural prosperity, enhance urban lifestyles and increase business efficiency.

A USD 16.5 billion multinational group based in Mumbai, India, Mahindra provides employment opportunities to over 200,000 people in over 100 countries. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology, financial services  and vacation ownership. In addition, Mahindra enjoys a strong presence in the agribusiness, aerospace, components, consulting services, defence, energy, industrial equipment, logistics, real estate, retail, steel, commercial vehicles and two wheeler industries.

In 2014, Mahindra featured on the Forbes Global 2000, a comprehensive listing of the world’s largest, most powerful public companies, as measured by revenue, profit, assets and market value. The Mahindra Group also received the Financial Times ‘Boldness in Business’ Award in the ‘Emerging Markets’ category in 2013.

- See more at: http://www.mahindra.com/News/Press-Releases/1432556696#sthash.bkCbP791.dpuf

Volkswagen India sets new production landmark; 500,000th car rolls out of its Pune Plant in Chakan

The half millionth car rolling out of the Pune Plant was a red Polo GT TSI and caters
   to the increasing demand of Volkswagen cars in the domestic market
• The new production milestone proves the progressive development of the state-of-
   the-art production facility of Volkswagen in Chakan, Pune
• High production volumes are being strongly driven through the rising demands from
   the exports to over 32 countries across three continents too

Volkswagen India rolled out the 500,000th car from its Pune Plant in Chakan yesterday. With that, the state-of-the-art production facility has not only achieved another milestone, but has once again underlined the worldwide rising demand of 'German Engineering, Made in India by Volkswagen'. The celebratory car was a powerful, 105 PS Polo GT TSI with 7-speed DSG for the Indian market.

Since its inauguration in March 2009, Volkswagen Pune Plant has produced a total of 500,000 cars which include Volkswagen Polo, Volkswagen Vento, Skoda Rapid and Skoda Fabia (till end of 2013). The cars rolling out of the plant are catering to the Indian domestic market as well as export markets (since 2011). Currently, the Volkswagen cars are being exported in both right-hand drive as well as left-hand drive versions to over 32 countries across three continents of Asia, Africa and North America.

Mr. Andreas Lauenroth, Executive Director – Technical, Volkswagen India Private Limited commented, "We have successfully achieved a new production milestone. It is a matter of pride for us and it also mirrors the positive customer feedback for the cars produced in our Pune Plant. More than this – each one of the 500,000 cars produced is also an ambassador of the high capabilities of our workforce. I would like to congratulate entire team of Volkswagen India on this historic achievement."

All models produced at Volkswagen Pune Plant stand for German engineering with robust build quality contributed by unique production processes such as laser welding for roof, ultrasonic welding for trim as well as dash and hot stamped A- and B-pillars. Currently approximately 430 cars per day are being produced in a two-shift system at Pune Plant, which provides employment to approximately 3,200 direct and indirect employees.

"A Volkswagen built anywhere in the world is of the same quality standards – be it in Europe, Asia, America or anywhere else. India is no exception to this and all the cars built by our highly skilled workforce at Pune Plant fulfil all the required quality standards of a Volkswagen. This enables us also to export our Indian built cars to over 32 countries across the globe. We will continue to focus on highest built quality to cater the demand from all our markets – the domestic and the export markets", Mr. Andreas Lauenroth added.

Volkswagen Pune Plant Chronicles

March 2009:            Volkswagen Pune Plant inaugurated and first Fabia rolled out
December 2009:      Start of Polo production
August 2010:           Start of Vento production
December 2010:      Start of production for export to South Africa
July 2011:               100,000th car rolls out of Pune Plant
October 2011:         Start of Rapid production
July 2012:               Start of production of left-hand drive cars
October 2013:         Start of export to Mexico
April 2014:              50,000th export car rolled out of Volkswagen Pune Plant
December 2014:      With 111,444 units, the highest number of cars produced
                              at Volkswagen Pune Plant within one year is achieved –
                              in the same month the 100,000th export car was also
                              produced
19 May 2015:          500,000th car rolls out of Pune Plant

Facts & figures of Volkswagen Pune Plant

Area:                      220 Hectares (572 Acres)
Shops:                    Body Shop, Paint Shop & Assembly
Capacity:                200,000 cars annually (in 3-shift system)
                              Currently 130,000 cars annually (in 2-shift system)
Cars produced:        Volkswagen Polo, Volkswagen Vento and Skoda Rapid
Automation:             123 Robots contributing to 35% automation
Total Workforce:      ~3200 (Direct + Indirect)

About Volkswagen Group India:

With its headquarters in Pune, Maharashtra, the Volkswagen Group is represented by five passenger car brands in India: Audi, Lamborghini, Porsche, ŠKODA, and Volkswagen. The Volkswagen Group has been present in India for the last 14 years and began its India journey with the entry of the ŠKODA brand in 2001. The Audi brand and Volkswagen brand entered India in 2007, while Porsche brand and Lamborghini brand followed in 2012. Each brand has its own character and operates as an independent entity in the market. Volkswagen Group India has over 25 models in India and over 240 dealerships and is operating through two plants – Pune and Aurangabad. The Pune Plant has a manufacturing capacity of 130,000 cars per year (in current two-shift system) and is currently manufacturing Volkswagen Polo and Vento and ŠKODA Rapid. The Aurangabad Plant caters to various premium and luxury models of Audi, ŠKODA and Volkswagen sold in India and has an annual capacity of approximately 89,000. Volkswagen Group India is a part of Volkswagen AG, which is globally represented by 12 brands - Audi, Bentley, Bugatti, Ducati, Lamborghini, Porsche, Scania, SEAT, ŠKODA, Volkswagen Commercial Vehicles (Volkswagen Nutzfahrzeuge), MAN and Volkswagen Passenger Cars. 

Mitsubishi Heavy Industries and Mahindra enter into Strategic Partnership in Agricultural Machinery

Mahindra to take 33% stake in Mitsubishi Agricultural Machinery Partnership to create a win-win for both companies in the Global Agricultural Machinery space 

Mitsubishi Heavy Industries Ltd. (MHI) headquartered in Tokyo, and Mahindra & Mahindra Ltd. (M&M), part of the Mahindra Group headquartered in Mumbai, today entered into a strategic partnership in the agricultural machinery field.

Under the definitive agreement signed today, Mahindra will invest JPY 3 bn (USD 25 mn) for acquiring 33% voting stake in MHI subsidiary, Mitsubishi Agricultural Machinery Co. Ltd. (MAM) through fresh issue of common shares and Class A (non-voting) shares of MAM. The deal is expected to close by October 1, 2015, with the new funding to be used to increase MAM’s capital base.

Mitsubishi Agricultural Machinery is a full range agri-machinery company producing and selling tractors, combine harvesters, rice transplanters and other agri-machinery. It had revenues of approximately JPY 50 bn (USD 408 mn) in 2014-15.

The agreement was signed by Kazuaki Kimura, President and CEO, MHI Machinery, Equipment & Infrastructure, Katsumi Tottori, President, MAM and Rajesh Jejurikar, President & Chief Executive (Farm Equipment & Two Wheeler), Mahindra & Mahindra Ltd.

Commenting on the partnership, Kazuaki Kimura, President and CEO, MHI Machinery, Equipment & Infrastructure said “It is an honor for us at Mitsubishi to welcome Mahindra, who are the largest tractor manufacturer globally by volumes as a partner to Mitsubishi Agricultural Machinery. Today’s signing will only build upon the wonderful relationship which both companies have shared for over a decade. I am sure that the commitment and expertise of both of the companies will open a new horizon to the business globally.”

Speaking on the alliance, Rajesh Jejurikar, President & Chief Executive (Farm Equipment & Two Wheeler Division), M&M said, “It is a matter of pride for us to have signed this alliance today which is a ‘Win-Win’ for the agricultural machinery businesses of both companies. This  will enable strategic growth avenues for Mitsubishi Agricultural Machinery (MAM) through Mahindra USA, China and other international markets, thereby speeding up international expansion. It will also provide a platform for both the companies to leverage Technology and Product Development synergies.”

Mahindra is the world’s largest tractor manufacturer by volume with a very strong leadership position in India. MAM has been supplying OEM tractors to Mahindra USA (subsidiary of M&M in the US) as well as providing technical license to Mahindra for walk-behind rice planters and new tractor in India.

The new partnership will help both companies to jointly develop products to address global opportunities in the tractor and agri-machinery space. In addition, the partnership will enable MAM and Mahindra to improve cost competitiveness though joint procurement and optimize the supply chain.

About Mitsubishi Heavy Industries

Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, Japan, is one of the world’s leading heavy machinery manufacturers, with consolidated sales of 3,992.1 billion yen in fiscal 2014, the year ended March 31, 2015. MHI’s diverse lineup of products and services encompasses shipbuilding, power plants, chemical plants, environmental equipment, steel structures, industrial and general machinery, aircraft, space systems and air-conditioning systems.

For more information, please visit the MHI website (http://www.mhi-global.com/index.html).

About Mitsubishi Agricultural Machinery

Mitsubishi Agricultural Machinery Co., Ltd. (MAM), headquartered in Matsue, Shimane, is a fully owned subsidiary of Mitsubishi Heavy Industries, Ltd. with consolidated sales of 35.3 billion yen in fiscal 2012, the year ended March 31, 2013. MAM has a manufacturing and sales diverse lineup of agricultural machinery such as “tractors”, “power tillers”, “planters”, “combine harvesters”, and ”plant and facility” for agriculture markets in Japan and worldwide.

About Mahindra

The Mahindra Group focuses on enabling people to rise through solutions that power mobility, drive rural prosperity, enhance urban lifestyles and increase business efficiency.

A USD 16.5 billion multinational group based in Mumbai, India, Mahindra employs more than 200,000 people in over 100 countries. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology and vacation ownership.

In addition, Mahindra enjoys a strong presence in the agribusiness, aerospace, components, consulting services, defence, energy, financial services, industrial equipment, logistics, real estate, retail, steel, commercial vehicles and two wheeler industries.

In 2012, Mahindra featured on the Forbes Global 2000 list, a listing of the biggest and most powerful listed companies in the world. In 2013, the Mahindra Group received the Financial Times ‘Boldness in Business’ Award in the ‘Emerging Markets’ category.

press release from mahindra/Image from ibtimes.co.uk

TVS Jupiter Crosses 500,000 Landmark

India's most awarded Scooter ever, TVS Jupiter, has added another feather to its cap, becoming the fastest scooter in India to reach the 500,000 units sales milestone in just eighteen months since its introduction into the market. TVS Jupiter, which was launched in September 2013, offering greater comfort, conveniences and first time features, has witnessed high customer acceptance. This can be attributed to three broad aspects: best in class styling, features and performance.

TVS Jupiter is powered by a next generation, all-aluminum, low-friction 110cc engine that delivers an amazing mix of power, superior acceleration and best in class fuel efficiency. The metal bodied, TVS Jupiter is styled to enthuse the male consumer.

“A lot of thought and customer insights went into the making of TVS Jupiter. The fact that we have crossed this landmark in record time is testament to the fact that consumers are happy with the product's performance and quality. It will be our continued focus to delight our customers with consistent product innovation and introduction of freshness into the brand.” said K N Radhakrishnan, President and CEO, TVS Motor Company.

In a short span of eighteen months, TVS Jupiter has been recognized as one of the top quality scooters in the J D Power India Two Wheeler Initial Quality Study 2015.

TVS Jupiter was also introduced in two special colours: sparkling silver and matte beige. In addition, a celebratory 'Limited Edition' TVS Jupiter was introduced to celebrate the fact that TVS Jupiter is the most awarded scooter launched in India.
TVS Jupiter is currently available in spectacular colours of Titanium Grey, Mercury White, Midnight Black, Volcano Red, Sparkling Silver and Matte Beige.

source - press release by TVS

Image from indian express

Bus Body Code comes into effect – Volvo fully compliant and ready

It was a significant milestone for the Indian bus industry as two regulations aimed at imparting greater safety and comfort came into effect from April 1, 2015. These are the Bus Body Code and mandate to make ABS standard for commercial vehicles. Volvo Buses is fully compliant and has started delivering vehicles as per the new regulations. The company has been offering ABS as standard in its entire product range since 2005.

At Volvo, the emphasis on safety begins with driver behaviour and best practices. Volvo has trained close to 60,000 drivers till date, which includes about 26,000 bus drivers alone. The focus is to make good drivers even better. 
 
The Bus Body Code envisages safer bus travel experience by mandating several features. These include active safety, passive safety and personal security solutions in the form of driver & passenger awareness, information items as well as tools specially designed for use in the event of an emergency. The mandate to make ABS a standard feature in commercial vehicles has far reaching implications for road safety. 

VRV Sriprasad, Managing Director, Volvo Buses India said, “The implementation of the Bus Body Code is an important landmark for the bus industry. Volvo Buses believes that the regulations will help in raising the benchmarks for safety and comfort, which will benefit scores of drivers and millions of passengers. Volvo was the first company to introduce ABS as a standard and the implementation of this rule is a welcome step. The cumulative impact of the Bus Body Code and ABS will help enhance overall safety standards.” 

India ranks among the top 10 countries in terms of fatalities in road accidents. With about half million accidents, which involve high percentage of commercial vehicles, the changes ushered in through these new regulations will help in curbing and reducing road accidents.

The introduction of the Bus Body Code and mandate to make ABS standard for commercial vehicles is an important milestone for the Indian bus industry. Volvo Buses is fully compliant and has started delivering vehicles as per the new regulations. The company has been offering ABS as standard in its entire product range since 2005.
 
“At Volvo Buses, we will continue to bring in new technologies and features, while continuing to emphasise on making good drivers even better at out Driver Training Centre. It is our strong belief that safety begins with driver behaviour and best practices. Volvo has trained close to 60,000 drivers till date, which includes about 26,000 bus drivers alone. This gives us confidence to focus on preventing accidents itself,” Sriprasad added.

Source - Press release from Volvo

Automotive Updates - 11th and 12th May 2015

• Royal Enfield, the two-wheeler division of Eicher Motors, has acquired UK-based Harris Performance Products Ltd for an undisclosed sum.Under the terms of the deal, Royal Enfield will acquire all assets, employees, trade names, technical know-how and intellectual property of Harris Performance Products Ltd, the company said in a statement without disclosing the deal value.(financial express)

• Sekisui DLJM Molding, a joint venture of Sekisui Chemical Co Ltd and Dipty Lal Judge Mal, has opened its third plant at the Yamaha Suppliers Park in Chennai on May 8. Sekisui DLJM, a prominent supplier to Yamaha in India, has invested Rs 300 crore in the new plant with total 9 injection molding machines installed. Yamaha will begin production at its new Chennai plant later this year, which is when Sekisui DLJM will expand the new plant with 11 more machines. Overall, the plant can take up to 35 injection molding machines.  - See more at: http://www.autocarpro.in/news-national/sekisui-dljm-plant-chennai-cater-yamaha-8387#sthash.G4EAzYhu.dpuf

• Two-wheeler major Bajaj Auto said on Monday it is looking at increasing its market share in the overall two-wheeler segment to nearly 23 per cent from its existing 17 per cent."We want to increase our total market share in the two-wheeler segment to 23 per cent", the company's president of motorcycle business, Eric Vas, told media persons in Kolkata.He said the projected growth depends a lot on the performance of the 100 cc bike category.(businesstoday)

• Just over a fortnight after it launched the new TT Coupé, Audi India has launched the facelifted RS7 Sportback priced at Rs 1.40 crore (ex-showroom Mumbai and Delhi). The car was unveiled today in Mumbai by Joe King, head, Audi India. The car gets styling changes to both the exterior and interior. The facelifted RS7 gets a restyled front bumper along with a restyled grille and reworked LED headlamps with darkened graphics. Audi also offers Matrix-LED headlamps as an add-on option for the model. At the back the car older tail-lamps are replaced by newer units with LED graphics while the alloy wheels are also new. - See more at: http://www.autocarpro.in/news-national/audi-india-launches-facelifted-rs-sportback-rs-140-crore-8382#sthash.N1WnQAWO.dpuf

• Two wheeler major Bajaj Auto is looking at expanding its Chakan plant capacity in Maharashtra as part of its plans to raise its market share to 23 per cent from the current 17 per cent. The company wants to increase total market share in the two-wheeler segment to 23 per cent, Bajaj president (motorcycle business) Eric Vas said on the sidelines of launch of new sports bike here today.He added, "We are close to capacity at Chakan plant, which is about 91,000 units per month. We have to increase the capacity for pulsar." However, he declined to give any further details of the proposed capacity expansion. The overall production capacity in its all three plants is 3.25 lakh units per month, out of which the company sold 1.46 lakh per month on an average for the year 2014-15.(cartrade)

• Maruti Suzuki India Limited (MSIL), the country's largest car company, today rolled out its 15 millionth car, becoming the only car manufacturer in India to do so. The 15 millionth car, a DZire VDi, rolled out from the Company's Manesar facility. The first car, a Maruti 800, had rolled out from the Gurgaon facility in December 1983. The Company has achieved this milestone in 31 years and 5 months. Dedicating the milestone to the Company's customers, partners and employees, Rajiv Gandhi, Executive Director, Production, MSIL said, "Maruti Suzuki's journey has been one of Kaizen and continuous improvement. Our people on the shop floor make enormous contribution so that we can offer more and better to our customers, and fulfil their needs and aspirations". (Etauto.com)               

• Japanese carmaker Toyota, has unveiled a new family of diesel engines at the Vienna Motor Symposium in Austria. Dubber "GD", this family of engines will be used to power its next-generation IMV platform-based vehicles including the Fortuner, Innova and Hilux. The GD engine replaces the KD series that powers the current vehicle line-up. There are two engines in the GD family. The first one is a 2.4-litre, unit with a variable geometry turbo, capable of putting out 160 BHP and 400 Nm of torque, while the second one is a 2.8-litre, power plant with a variable geometry turbo, developing 177 BHP and 450 Nm of torque. (teambhp)

•  Maruti Suzuki India Ltd, which has a stranglehold on the small-car market in India, is trying to shed the budget car maker tag by selling its more expensive models through a separate network as buyers, even first-timers, opt increasingly for larger cars.As part of efforts to boost its market share in the premium-car category, Maruti Suzuki in a meeting on Saturday decided to sell its cars through two separate marketing networks and also recast its top management, according to three people familiar with the development. All of them requested anonymity. A spokesperson for Maruti declined to comment on the story.(livemint)