- West Bengal labour minister Purnendu Bose today said there
was a possibility of Dunlop India again opening the gates of Sahagunj factory
in the state."We are getting positive feelers from the Dunlop management
that they are willing to reopen the company," Bose told reporters here
today.
- Bajaj auto today introduced two-tone colors in Pulsar 150,
180 and 220 models. The new range of colours would be available with no
addtitonal cost and have three colour options Pearl Metallic White, Sapphire
Blue and Cocktail Wine Red.
- The Bajaj RE60 is expected to launch after October this
year. In a development earlier this month, the Ministry of Roads and Transport
said that quadricycles could start plying on Indian roads after October 1,
2014. Bajaj, which is ready with the RE60, will waste no time in launching the
quadricycle.
- VW currently follows a seven year lifecycle for its
products, while introducing refreshes every four years. This will be shortened
in the future according to Michael Horn, head of VW U.S.A. Horn said in a
recent interview that the German carmaker will follow a five year lifecycle,
with major refreshes coming in the third year.
- New Tata Sumo Gold, launched with a new outlook
- Sona Koyo Steering Systems on friday announced it financial
results for the quarter ended 31st March, 2014, net Sales have increased by
7.2% to Rs. 281.9 Crores from Rs. 262.9 Crores during the preceding quarter
ended December,2013 and Profit after Tax for the quarter is Rs. 10.6 Crores
against Rs. 36.9 Crore (including exceptional item on account of sale of non
current trade investment) during the preceding quarter ended December 2013.
- Hyundai 'i30' premium hatchback likely to be launched around
Diwali
- Auto component maker JBM Auto plans set up a new
manufacturing plant in Indore at an investment of Rs 100 crore and the new unit
is expected to be operational later this year.
- "We are investing Rs 100 crore on a new manufacturing
plant in Indore. We will cater to customers like Volvo-Eicher, MAN and Mahindra
& Mahindra through this facility," JBM Group Executive Director
Nishant Arya told PTI.
- JBM today posted over
two-fold rise in its net profit at Rs 22 crore for the fourth quarter ended
March 31, 2014, said the new plant will cater to its commercial vehicle
customers through the new plant.
