Thursday, 27 August 2015

Automotive Updates - 27th August 2015

  •  In a huge relief to AP and Hero MotoCorp, the Hyderabad High Court has vacated a stay on the construction work and even allowed India's largest two-wheeler maker to erect a wall around the 600 acres it was allotted.Last September, the AP government successfully wooed Hero MotoCorp to invest Rs 2,200 crore and set up the company's largest plant in south India in Chittoor district, beating Telangana, Tamil Nadu and Karnataka, the other bidders.(Etauto)
  • Auto component and technology supplier Bosch today inaugurated its all-new manufacturing facility in Bidadi industrial zone near Bangalore. This is the company’s 14th manufacturing facility in India and its fifth in Karnataka state. The company plans to shift its manufacturing operations from its existing Adugodi plant, inside Bangalore city, to the new Bidadi facility in phased manner. Delivering the inaugural address, Dr Steffen Berns, president, Bosch Group India and MD, Bosch Ltd, said the new plant in Bidadi will manufacture products for the Diesel Systems division.  “We see a lot of growth potential in India and strive to bring more projects, products and manufacturing to the country also in the future. Our growth in India is closely interwoven with the relationship we share with Karnataka,” he added.   - See more at: http://www.autocarpro.in/news-national/bosch-plant-bidadi-14h-india-5th-karnataka-9144#sthash.HlSwGUBy.dpuf
  • The Peugeot brand in India had taken a silent exit from the country a few years ago when it was badly affected by dropping Europe's economy and not-so-impressive sales in India. Prior to exit, sources had spotted the 208 and 508 models in India. This time around, the Peugeot 208 has been spotted by sources as it arrived in Mumbai probably for test purpose. The last time, French automaker Peugeot had partnered with Premier to debut in India. This time around its is expected to be officially imported in the country. For now, it is believed that the Peugeot 208 hatchback shall only be offered in petrol trim with options like 1.0-Litre, 1.2-Litre and possibly a 1.2-litre turbo engine.(cartrade)
  • Car sales are set to resume in Assam after the Gauhati High Court allowed the sale of vehicles that meet prescribed crash test and emission norms in the country, reversing an earlier ruling and bringing relief to carmakers including Maruti Suzuki India and Hyundai Motor India. "There cannot be any prohibition restricting registration and sale of four-wheelers with a mass of up to 1,500 kg and quadricycles that have undergone the crash and emission tests conforming to the requirements and standards set by the Bureau of Indian Standards...and vehicles which have been certified by the statutory authority," the court said in an order on Wednesday.(Etauto)
  • Tata Motors Ltd. unveiled a small cargo truck with capacity to carry up to 1 ton as Maruti Suzuki India Ltd. plans to challenge its dominance in the segment.The pickup, called Ace Mega, has a starting price of Rs431,000 ($6,530), the Mumbai-based company said in a statement. Sales of the vehicle have begun in seven states and will be extended to the rest of the country by next month, Ravi Pisharody, executive director for commercial vehicles at Tata Motors, told reporters in Mumbai.(livemint)
  • Maruti Suzuki, the largest car manufacturer in India by volume, has announced the launch of Hybrid Ciaz on September 1. The Ciaz SHVS (Suzuki Hybrid Vehicle System) is expected to replace the existing Ciaz diesel. The mild hybrid system mated with a 1.3 litre diesel engine, is likely to be priced aggressively, which may be at a marginal premium, or Rs 25,000 to Rs 40,000 costlier. The new Ciaz will make use of the incentives provided by the government of India under the FAME India scheme (Faster Adoption and Manufacturing of Hybrid and Electric vehicles) which help the company save over Rs 1 lakh on the final price . (Etauto)





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