- Nissan Motor Co has entered into an eight-year sponsorship
agreement with the International Cricket Council (ICC), a company executive
said, in a bid by the Japanese car maker to boost its small market share in
cricket-crazy India.Nissan's passenger vehicles sales in India fell 24 percent
to 19,563 in the six months from April to September, compared with the same
period a year ago, giving it a 1.5 percent share of the market, industry data
showed.India is forecast to become the world's third-largest car market by
2020.(businesstoday)
- Tata Motors wants to regain the market share it lost in
passenger vehicles, as it set a target to double segment sales to more than 4
lakh units a year by the end of the decade.The company had a 10% market share
more than a decade ago, when its Indica hatchback was a favourite for personal
use and as a taxi.The market share has now fallen to 5.7%. If it manages to
achieve the target, it will return to about 10% of the estimated market in
2020.(Etauto)
- Toyota Motor Corp. said it’s targeting a 90% reduction in
emissions from its new vehicles by 2050 as it seeks to build on the success of
its hybrid autos.The maker of the hydrogen-powered Mirai sedan said on
Wednesday it aims to deliver more than 30,000 fuel-cell vehicles annually by
around 2020. The Prius seller also set a goal to reach more than 15 million
cumulative deliveries of hybrids in the same span.(livemint)
- NNG, which develops navigation solutions for the global
automotive industry, supported by cloud connectivity, smartphone integration,
and HMI services, is looking to assist the safety effort in India.
According to data released by the National Crime Records Bureau (NCRB) earlier
this year, there have been about 450,000 road accidents in 2014 and a majority
of these were caused by human error. Wrong decisions, lack of information about
the surroundings or insufficient experience can easily lead to accidents
causing damage or even injuries. Safety of driving has always been a focus
point for carmakers, and this intention remains central as the cars include
more and more electronics and smart solutions. - See more at: http://www.autocarpro.in/news-national/nng-looks-assist-road-safety-india-advanced-navigation-support-solutions-9479#sthash.ZfTBMo0P.dpuf
- Auto component manufacturer Motherson Sumi Systems has
appointed Naveen Ganzu as Additional Director and he would hold the office till
the date of next AGM, the company informed in a BSE filing.He has also been
appointed as an Independent Director with immediate effect. (ETauto)
- Unveiled officially in India at media drive event in Jaipur,
new details of the Maruti Baleno hatchabck has emerged. The most premium
hatchback from Maruti Suzuki, Baleno has been developed from scratch at an
investment of INR 1,060 crore.A global car, Maruti Baleno is not only going to
be sold in India, but will be sold in developed markets like Europe and Japan.
Yes, Baleno will become the first car in the history of Maruti Suzuki to be
exported to the home country of its parent, Suzuki Motors. To be manufactured
only in India, Baleno will be exported to over 100 countries.(rushlane)
- Mercedes-Benz, the best-selling luxury car brand in India
for nine consecutive months till this September, brought its much awaited new
coupe-shaped GLE SUV to take on the segment leader Audi Q5,
and also help the company settle scores withBMW 's
X5.The new GLE would be sold at the ex-showroom prices of Rs 58.90 lakh and Rs
69.90 lakh for the two variants. (businesstoday)
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