- Mahindra & Mahindra will launch a new light
commercial vehicle named Jeeto by the end of this month to take on homegrown
rival Tata's popular minitruck Ace Zip.The company which has seen decline in
sales in the light commercial vehicle segment during the last two years is
hoping that it will see a turnaround with the new model coming in and cashing in
on an expected rebound in the market.(ETauto)
- Honda Motor Co. is setting aside another $363 million to
fund a growing recall of air bags that can explode with too much force.The
automaker announced the spending Friday in Tokyo and said the additional costs
will show up in revised earnings for the fiscal year that ended March 31. But
the costs won’t affect the company’s dividend or earnings forecasts, it said in
a statement.(financial express)
- According to a report, Suzuki Motorcycle India is working on
a new 250cc sportsbike - the Gixxer 250 - that will be unveiled at 2016 Delhi
Auto Expo in February. The Suzuki Gixxer 250 will take on the likes of KTM 200
Duke and Mahindra’s upcoming Mojo.Power for the Gixxer 250 will come from a
single-cylinder 250cc engine that will be developed in India with inputs from
the company’s Japanese HQ. This powertrain will be mated to a 6-speed
transmission, and deliver an estimated power output between 25bhp – 28bhp.(cartrade.com)
- Buoyed by good sales in India last fiscal, Japanese carmaker
Honda is confident of repeating the double-digit growth this year, pinning
hopes on its soon-to-be -launched premium hatchback Jazz to add to the momentum.Present
in India through its wholly-owned arm -- Honda Cars India, the company had
posted a sales growth of 40.73 per cent in domestic market in 2014-15 at
1,89,062 units as against 1,34,339 units in the previous fiscal."We are
eyeing double digit sales growth this fiscal. We are very confident of Jazz
doing well here," Honda Cars India Ltd (HCIL) Senior Vice-President
(Marketing and Sales) Jnaneswar Sen told .(Etauto)
- Tata Motors and Fiat might be planning to establish a
combined SUV line-up, in what might be a path-breaking partnership in the
automobile industry in India. It has been reported that the two companies will
invest around Rs 3000 crores for establishing this joint set-up. The pre-set
capacity of the assembly line has been decided to be made around 1 lakh units.
It was reported "While Tata Motors will look to manufacture its Q501 and
Q502 SUVs from the line, Fiat is expected to use it for its Jeep models,"(cartrade)
- Mahindra 2-Wheelers has silently launched a new front disc
brake variant of the Centuro commuter motorcycle in the country, priced at Rs.
52,210/- (ex-showroom, Maharashtra). The new variant sits on top of the
motorcycle’s lineup comprising of the Rockstar, N1 and O1 variants and gets a
single front petal disc brake along with the features from the 01 trim. The
automaker had first showcased the Centuro with a front disc brake at the 2014
Auto Expo last February but has managed to launch the version over a year
later.Read more at http://www.motorbeam.com/2015/06/bikes/mahindra-centuro/mahindra-centuro-front-disc-variant-launched-priced-at-rs-52210/#zdGRoDyqdwmFDGBq.99
- 1st image from rushlane.com
- 2nd image from spyshotcar.com
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