Automotive Update - 3rd and 4th September 2015
- Japanese auto major Nissan plans to bring in high-end
performance cars and sports utility vehicles from its global portfolio to the
Indian market next year to enhance its brand image in the country where it has
struggled so far to cement its position. The company, which is present in India
through a wholly-owned subsidiary, Nissan Motor India, also plans to renew its
entire product line-up beginning 2017."We have a plan to evolve our
product line-up. As for 2017, we will have a renewal of all Nissan
models," Nissan India Operations President Guillaume Sicard told PTI.(ET-auto)
- Auto industry lobby Society of Indian Automobile
Manufacturers (Siam) on Thursday said Vinod Dasari, managing director of Ashok
Leyland Ltd, has been elected its president. He takes over from Vikram
Kirloskar.“It is an honour to be appointed president of Siam. I shall continue
to work towards the betterment of industry,” Dasari said in a release .(live-mint)
- Hero MotoCorp and its Erik Buell Racing (EBR), its US-based
technical partner, had been developing a 250cc motorcycle (HX250R) and a
scooter. However, with the American company shutting down due to bankruptcy,
the bike's development was halted. Hero MotoCorp has now started to bring back
the product development of its models to India.A pre-production specimen of the
HX250R bike was spied last month. Hero has revealed that it will be doing all
the development work in India. Other products that were being developed with
EBR will now be developed in India.(team-bhp)
- In aims to further consolidate its position in the country.
"We plan to launch four models, including a mystery product in the rest of
the year," HMSI Vice President sales and marketing Y S Guleria told PTI.
The company, which is the leader in scooter segment, has already launched 110cc
bike Livo and flagship model CBR 650 in the country.The company also expects
this year's festive season to be better than previous years. "We expect
4-5 per cent year-on-year growth this festive season as we are running full
capacity," Guleria said. He added that the company expects motorcycle sales
to get a push from rural areas during the festive season.When asked about the
impact of strike on the company, Guleria said: "Our Manesar plant has been
closed today due to strike call given by trade unions." (cartrade)
- Within
two months of its unveiling in India, the all-new Volvo XC90 has received 266
pre-orders. This, according to the carmaker, is a clear statement of the
interest for the first new model based on Volvo’s in-house developed Scalable
Product Architecture (SPA). First deliveries of the all-new XC90 to customers
will start later this month. Tom von Bonsdorff, managing director, Volvo Auto
India, said,"We already have a positive momentum before we start
deliveries of the new XC90. So we are on track for another good year at Volvo
Cars. The XC90 paves the way for a portfolio of exciting new cars to come in
the following years.” - See more at: http://www.autocarpro.in/news-national/-volvo-xc90-266-pre-india-9208#sthash.NdJMdMP3.dpuf
- Country's largest car maker Maruti Suzuki India plans to
launch its first ever light commercial vehicle (LCV) during the ongoing fiscal
despite declining sales in the segment."Our plans to launch the LCV during
the current fiscal remains intact. We plan to launch it in few states first as
a pilot project before going pan India," MSI Executive Director Marketing
and Sales, RS Kalsi told PTI. (ET-auto)
- Mahindra and Mahindra, the country's largest SUV maker, is
ready to make its debut on US roads with its Vespa-like electric two-wheeler
GenZe.Mahindra hopes to win over city and campus dwellers with a $2,999,
Vespa-like electric scooter called the GenZe, which goes on sale this fall in
California, Oregon and Michigan. Sales could soon expand to other states and
Europe.(business today)
No comments:
Post a Comment