- On the occasion of
second anniversary of Renault Duster compact SUV in domestic market, the
company has rolled out second anniversary edition of the vehicle. Renault has
also doled out a lucrative offer for the prospective buyers under which they
can buy the anniversary edition Duster at Rs 8.8 lakh, however this offer is
confined only until July 20th. Lately the company had launched special edition
of Duster to celebrate milestone of ’1 lakh unit sale’ of SUV in India.
- The Mahindra Scorpio EX
entry level variant which is powered by the 2.5-litre 75 bhp m2DiCR diesel
engine has been recalled for preventive inspection.The recall covers 23,519
units of the base model which are manufactured between May 2012 to November
2013. Mahindra has announced that the recall is to check a potential fault in
the pressure regulating valves.
- Car sales in India grew
nearly 15% in June, the fastest pace in 10 months, but the industry
lobby—Society of Indian Automobile Manufacturers (Siam)—warned acceleration was
spurred by “speculative demand”. Consumers advanced their car purchases fearing
a withdrawal of excise duty cuts.
- Global electronic component supplier Visteon Corporation recently
completed the acquisition of the automotive electronics business of Johnson
Controls, creating one of the world's three largest suppliers of vehicle
cockpit electronics. The two companies announced plans for the $265 million cash
transaction on January 13 this.
- Nissan Motor Company will
bring in its Infiniti brand into India and may even consider launching the Q30
luxury compact car – first displayed at the 2013 Frankfurt Motor Show – here
after its global launch in 2015. In an exclusive interview to Autocar
Professional, Andy Palmer, chief planning officer, Nissan Motor Company,
suggested that it is ‘inevitable’ that the Infiniti brand would come to India,
and for which it would have to be backed by a manufacturing plan.
- Toyota Kirloskar Motor (TKM) has announced a host of new
models for launch in India so as to augment their position in the auto sector. Though
no details of what one can expect where these new launches are concerned, it is
revealed that a new sedan is amongst those planned for launch.
- As
natural rubber imports to the country vault 65% during the April-June period in
the current year, the demand from growers to check imports by raising duty has
become stronger.The Kerala State Cooperative Rubber Marketing Federation
(Rubbermark) on Tuesday called for increasing the import duty of rubber from
the current 20%. Rubbermark president TH Musthafa said though the tyre makers
have benefitted immensely from the slump in rubber prices, it has not reflected
in the tyre prices.
- Honda UK has taken the covers off a new special version of its popular
hatchback – the Civic. Called the Civic Black Edition, this new version sports
a mean look with its all-black exterior design. The Japanese carmaker has also
launched similar versions of the CRV and the Jazz.
- The Grand i10 LPG has been launched at Rs.4.92 lakh
ex-showroom, Delhi. The Grand i10 LPG will be available with a 1.0 Litre Dual
VTVT, DOHC engine producing 69 ps and 96 Nm of torque, mated to a 5 speed
manual gearbox. This is the same motor powering the Eon.
- Toyota may launch a new
C-segment sedan for the Indian market within the next year and a half. It will
be a vehicle positioned to take on the Honda City and is expected to bridge the
gap between the Etios and the recently launched Corolla Altis.
image from thehindu.com
- Piaggio today launched the Limited Edition Vespa Esclusivo
at Rs 74355 (ex-showroom).The Esclusivo is the first limited edition Vespa in
India with only 1000 exclusive pieces to be made and numbered. The new scooter
has same feature of Vespa VX.
- Honda Cars India announced today that bookings for the Honda
Mobilio are now open. Dealers have started accepting pre-launch bookings for
the proposed Ertiga beater for INR 50,000.
- Daimler India Commercial Vehicles has rolled out its first
left-hand drive (LHD) Fuso trucks for the export markets from its facility at
Oragadam, near Chennai. The first heavy-duty truck - the FUSO FJ (equivalent to
a 2528C), will first be launched in Nigeria, Ethiopia and Egypt, and in the
mid-term will be rolled out in markets in Africa, Latin America, and the Middle
East.
- Mahindra & Mahindra (M&M) will invest up to £ 20
million (Rs 200 crore) to develop the latest electric vehicle (EV)
technology, the UK chancellor of the exchequer, George Osborne said in Mumbai
yesterday. Osborne added that a Mahindra vehicle could be on UK’s roads as
early as 2015. Autocar Professional was unable to get a confirmation of this
from an M&M spokesperson.
- Tata’s new 1.2-liter turbocharged Revotron engine will power
the company’s Zest and Bolt, the two most significant launches for Tata Motors
in recent times. Going forward, the engine technology will be used on a range
of vehicles across Tata’s portfolio.
- Honeywell Turbo Technologies India (HTT India), the India
arm of Honeywell’s transportation systems unit, has just begun locally
manufacturing turbochargers for gasoline (petrol) engines at its Pune-based
production plant. The plant until now was known for manufacturing only diesel
engine-specific turbochargers with applications in passenger vehicles,
commercial vehicles, off-highway and mining segments within the automotive
sector, with passenger vehicles forming the largest chunk.
- German component manufacturer, Bosch claims to have
developed a mechanical vacuum pump that is at par with far more expensive
electric vacuum pump, the company said in a press release."The Bosch EVOII
offers the best value for money on the market and reliably provides the vacuum
for the brake booster. Costing up to 75 percent less than comparable electric
pumps, this new generation is the ideal solution for modern gasoline and diesel
engines. With CO2 emissions of less than 0.4 grams per kilometer, this pump
performs just as well as its electric competitors.
- Coinciding with the start of the EICMA show – one of the
foremost trade exhibition events in the global two-wheeler industry – Ricardo,
the global multi-industry consultancy for engineering,technology, project
innovation and strategy, has announced that it will host a high-level technical
summit, addressing key themes in the areas of market drivers, and future
powertrain and vehicle technologies.
- Honda, with expansion plans in mind has said that it will
reach the farthest corners in the country with dealer and service network soon.
Honda Motorcycle & Scooter India plans to add another 1000 customer touch
points in the current fiscal after adding 800 last year. Out of the 1000
planned for this year,
- International automotive supplier Continental has been producing electronic
brake systems (EBS) for 30 years now. Two other milestones will occur this
year: the 100 millionth EBS unit will roll off the assembly line in Frankfurt,
which will also be the 250 millionth unit manufactured worldwide.
- Hero MotoCorp has marked its entry in the Colombian market
with the setting up of a fully owned subsidiary, HMCL Colombia SAS.
Construction has commenced at the plant at Villa Rica, Cauca, with the facility
slated to be operational by mid-2015. Initial manufacturing capacity will be
78,000 units per annum, going up to 150,000 units in phase 2. Project cost is
estimated at US$ 70 million (Rs 418 crore) with $ 38 million (Rs 227 crore) in
capex and the rest as working capital over the next three years.
- General Motors India today launched the Chevrolet Beat and
SAIL Hatchback Manchester United Limited Editions.
- The Volkswagen Group is to invest about two billion euros
(Rs 16,256 crore) in the expansion of production capacities in China. This
investment in two new plants is part of a larger plan to invest a total of
€18.2 billion (147,929 crore) in new plants and products between 2014 and 2018.
This translates to an investment of Rs 100 crore a day!
- Hyundai India have launched an LPG variant on the Grand
i10 hatchback. The Grand i10 LPG is available in a single Magna trim, but gets
options of solid and metallic colors.
- Buying a hybrid or an electric car may soon fetch you a
subsidy from the government, which is readying a Rs 14,000-crore scheme to push
green vehicles.The subsidy will be a proportion of the difference between the
price of a car running on fossil fuel and that of a green vehicle, said sources
involved with the discussions.
- Automotive lubricant maker Castrol India Limited has joined
hands with British motorcycle manufacturer Triumph Motorcycles for a
partnership in India. As per the agreement, Castrol India will be the lubricant
supplier for Triumph Motorcycles and will supply the fully synthetic, Castrol
Power1 Racing engine oil to Triumph dealerships throughout India.
- With year-on-year sales growth of 11.4 percent, Audi AG has achieved the best
first half year in its history. The German carmaker sold around 869,350 cars
globally between January-June 2014. In June alone, it delivered 155,450 cars
worldwide, exceeding the figure in the same period last year by 10.8 percent.
Sales were particularly strong in North America, up by 21.2 percent year-on-year
- Nissan estimated that Datsun would sell about 5,000
units/month of the hatchback. Production was aligned accordingly to 60,000
units/annum. However, the car and the brand have fallen short of the company’s
expectations. Speaking to the Economic Times, Andy Palmer, Chief Planning
Officer at Nissan, said that Datsun has not “lived up to internal
expectations.” The executive says that lack of dealerships have limited the
Go’s sales in the country.
- Automotive Component Manufacturers Association (ACMA), led
20 companies to participate in ‘Tech Expo’ for Indian auto component companies
in the USA.
- In June, Puducherry and Solapur became two new cities to opt
for Volvo 8400 city buses, while Kolkata augmented its existing fleet of Volvo
city buses. With this, the presence of Volvo in the high-performance city bus
segment in India expands to 15 cities.
- image from indian express .com
- With an eye on expanding its reach in the country, Honda
Motorcycle & Scooter India aims to add another 1,000 customer touch points
in the current fiscal.The company, which has 25 per cent market share in the
country's two-wheeler market, currently has 1,950 sales and service touch
points, including dealerships, sub-dealerships and authorised service stations,
spread across the nation.
- BMW has officially confirmed that 7 Series ActiveHybrid will
be launched in the Indian market on July 23. The 7 Series ActiveHybrid is the
first 7 Series car ever to be offered with a hybrid system. The car was
unveiled globally at the 2009 Frankfurt Motor Show and the car to be sold here
will get the 2014 updates.
- Hero MotoCorp recently launched the Karizma ZMR and although
the company is yet to send out an official press release stating the bike is
now available for purchase, dealers have already started selling .
- Indian auto maker, Tata Motors is looking at the bigger picture, ahead of
launch of their much awaited contemporary models, Zest and Bolt, officials at
Tata Motors have revealed their product strategy for domestic market. In a bid
to enhance its visibility among various auto makers in India, Tata Motors has
chalked out a new plan under which the company eyes launching new vehicles
every year. This will go on until 2020, the models launched during these years
will also appeal to the global markets. At present no details have been
revealed on these upcoming products from Tata’s stable.
- Officials at Tata Motors have hinted at the launch of Tata
Nano AMT version to be happening next month. AMT version will be bestowed on
the F-Tronic variant of the petite hatchback. Under the hood, the same low
displacement 624cc engine will be equipped as seen in the regular model of Nano
F-Tronic.
- Dealerships across India have began accepting bookings for
the new Hero Xtreme at Rs 1,000. The Xtreme will be available in five colours –
black, red, silver, black-red and orange. The bike is based on the existing CBZ
Xtreme model, with different styling cues that look far edgier than the current
model. Among the features of interest on this new motorcycle are its headlight,
indicators, LED tail-light, part-digital cluster with side stand indicator and
new graphics.
- Mahindra & Mahindra Ltd. (M&M) has announced Anish
Shah’s appointment as as President – Group Special Projects wef August 1, 2014.
He will be inducted into the Group Executive Board too.
- The tyre industry has said that India's regional trade
agreements are adversely impacting their business because tyres in large
volumes are finding an entry into India while imports of raw materials are
restricted as a direct outcome of these agreements. While the basic customs
duty on tyres is 10%, under various trade agreements the duty on tyres ranges
between nil to 8.6%, facilitating tyre imports into India.
- Nissan will launch its flagship GT-R in India, as per a
report on Autocar India. Until now, the company was reportedly worried about
our country’s fuel quality, preventing Nissan from bringing the GT-R to India.
- Ford will have a very
exciting 2015 with three new products scheduled to be launched in the country.
The American auto giant has the Figo hatchback replacement (Ford Ka
internationally) and the Figo based sub 4-metre sedan in the pipeline that will
be launched in the first half of the year, while the next generation Endeavour
SUV will make its debut towards the end of 2015. One of the hottest contenders
in the sub 4-metre sedan space, the Figo sedan was showcased as a concept
earlier this year and is now set to be launched in the country in March 2015.
- In the build up to the launch
of the Tata Zest and the Bolt, the automaker has started promoting
the 1.2-litre
Revotron turbocharged petrol engine that powers the duo. The Tata
Revotron Labs, which are inaugurated in 15 cities across India, attempt to
engage the prospective customers and spread the brand awareness of the 1.2T
Revotron.
- New Government has extended excise duty cuts further. But
due to rising input costs and labour costs, car makers are planning on
increasing car prices across range. Renault has already announced a 1% hike in
Duster, Scala and Pulse prices. The latest to announce price hike is Ford
India. New price is in effect from 1st July 2014. Ford India increased prices
of their best selling compact SUV EcoSport by INR 10,000 for the base variants
and INR 13,000 for the top end variants.
- India is set to become the third largest economy in the world by 2030,
according to latest estimates by a PricewaterhouseCoopers (PwC) report.The
London-headquartered accountancy giant said the rapid rise of the Indian
economy with its young workforce would push it up from being the 10th largest
economy in 2013 to the third largest by 2030, pushing the UK back into sixth
place.
- While the Honda Mobilio and the next generation Jazz
hatchback are scheduled to be launched in the current financial year from Honda
Cars India, the company’s solo launch in the 2015-2016 fiscal will be the next
generation Accord executive sedan. The company had discontinued the eighth
generation Accord in the country in December 2013 due to the lack of demand as
the market had seen a paradigm shift toward diesel powered vehicles, but is now
seriously considering re-launching the model in the country after a gap of two
years.
- Korean car manufacturer, Hyundai unveiled the seventh
generation Hyundai Sonata earlier this year. This new Sonata is expected to
replace the current generation sedan that Hyundai sells in India some time next
year.
- Mazda has confirmed that the next generation of the MX-5
Miata roadster will be unveiled on September 03. This will be the fourth
generation of the Miata in the cult roadster's 25 years long span. While not
much has been revealed about the MX-5, one thing Mazda does say is that the new
car will be built on the recently developed Skyactiv chassis and that it will
have a front engine rear wheel drive layout.
- image from economicstimes.com
- Harley-Davidson India has received the ‘Trade Excellence’
award for operational excellence in manufacturing, by the Indo-American Chamber
of Commerce (IACC).
- Honda, in it’s endeavour to fulfill many unfulfilled dreams
has announced it’s most affordable bike, the Honda CD 110 Dream for Rs. 41,100.
The bike will satisfy the most primary need of this category, which is mileage.
- In the build up to the launch
of the Tata Zest and the Bolt, the automaker has started promoting the 1.2-litre
Revotron turbocharged petrol engine that powers the duo. The Tata
Revotron Labs, which are inaugurated in 15 cities across India, attempt to
engage the prospective customers and spread the brand awareness of the 1.2T
Revotron.
- Tata Motors is looking at launching a couple of models each
year till 2020 as the company looks to ramp up its portfolio in the competitive
Indian car market."We are working on a product strategy that started last
year. The plan is to bring a couple of new vehicles every year," Tata
Motors President, passenger vehicles, Ranjit Yadav told PTI.
- The Hyundai Grand i10 became the fastest car to reach the 1
lakh sales milestone in India. The hatchback has achieved this feat in just 10
months, Hyundai said today in an email.
- BMW has scheduled to launch the hybrid version of its
flagship sedan - the 7 series, on July 23 at an event in Gurgaon. This model
will be known as the BMW 7 series ActiveHybrid.
- SVLL Connect, a group company of Siddhi Vinayak Logistics Ltd (SVLL) which is
one of the largest fleet operators in India, is set to expand its recently
launched inter-city personal vehicle service. The company, whose fleet of cars
has already started plying in Mumbai, Pune, Vapi, Surat, Ahmedabad, Vadodara,
Jaipur, Delhi and NCR, aims to extend the service to Chandigarh, Mohali,
Udaipur, Bangalore, Chennai, Jalgaon in a few months’ time. In May this year,
SVLL Connect signed one of the largest passenger vehicle deals with Tata Motors
ordering 2,000 cars comprising the Manza, Indigo eCS and 1,000 Arias. The
vehicles will be deployed for corporate hire, large families and individual
users.
- Hinduja Group flagship company
Ashok Leyland has raised over Rs 666 crore through allotment of shares
at a price of Rs 36 apiece to institutional investors.
- The company in a filing to the BSE said that its fund
raising committee has "approved the issue price of Rs 36 per equity share
(share), which is at a premium of Rs 1.70 per share, to the Floor Price of Rs
34.30 per equity share."
- U.S. auto giant GM said on Friday it had suspended
production at its main South African assembly plant in the southern city of
Port Elizabeth because of a strike at components suppliers.
- Indian Autos Blog has learnt through official sources that
Honda Cars India will relaunch the Honda Accord in the next financial year.
- Shanghai GM today announced that Wang Yongqing has been appointed president of
the joint venture, succeeding Wang Xiaoqiu. Zhao Xuelin, former deputy
secretary of the Shanghai GM party committee, will replace Wang Yongqing in his
current position.
image source internet.
- The Toyota Etios Xclusive limited edition has been launched
at INR 5.98 lakhs and INR 7.10 lakhs for the petrol and diesel variants
respectively (ex-showroom Delhi). Recall that Toyota had for the first time
introduced the Xclusive
edition last year on the Etios.
- Japanese car maker Nissan today rolled out a new model here
of its mid-size sedan Sunny, both in petrol and diesel variants priced between
Rs 7.29 and 10.22 lakh (ex-showroom Mumbai).
- Nissan has announced the opening of its second production plant in Thailand.
The new facility will be a production hub for the NP300 Navara, Nissan's
new-generation pickup truck, destined for export to 45 countries around the
world. The first NP300 Navara pickup rolled out on July 1, with sales beginning
today. Two versions are available: King Cab and Double Cab. The price of the
King Cab ranges from 575,000 to 842,000 Thai Baht (Rs 10.52 lakh to 15.40
lakh), while the price for the Double Cab version ranges from 656,000 to
996,000 Thai Baht (Rs 12 lakh to Rs 18.22 lakh). Deliveries will begin in
mid-Aug .
- Fuji Heavy Industries Ltd , the maker of Subaru
vehicles, said it is recalling 539 vehicles in Japan over potentially explosive
passenger seat air bags supplied by Takata Corp.
- Audi plans to have a plug-in hybrid variant of each of its
key models by 2020, and the firm's research and development boss Ulrich
Hackenberg has revealed further details about how the plan will be implemented.
Hackenberg was speaking at the launch of the A3 Sportback e-tron,
which he described as “a benchmark for other plug-in hybrids”. He said Audi had
decided to prioritise plug-in hybrids over other forms of alternative
powertrains, because “they meet all of our customers’ expectations”.
- Shareholders of Tata MotorsBSE 3.03 % have rejected
proposals to pay higher salaries to three of the auto major's top executives
including late Karl Slym.The proposals that entailed doling out higher pay
packets - beyond the permissible limit - were put for shareholders' approval
and were rejected "due to inadequacy of profits in company for FY
2013-14".Salary proposals for Tata Motors' executive directors -- Ravindra
Pisharody (Commercial Vehicles) and Satish Borwankar (Quality) -- and Slym
(late managing director) have been rejected by the shareholders through postal
ballot.
- Japanese two-wheeler major, Yamaha is working on a low cost
motorcycle for the Indian market. The company aims to sell the bike at a price
of US $500 (approximately Rs. 30,000).
- Norma Group, a global market leader for engineered joining
technology, has given given its first-ever ‘Global Supplier Recognition Award’
to selected suppliers. In 2014, the award for outstanding performance and
results goes to EMS Chemie Holding AG (EMS). The Switzerland-based EMS is one
of the world’s leading manufacturers of high-performance polymers and specialty
chemicals.
- India – and Asia – are increasingly becoming key
contributors to Nissan’s six-year Power88 growth plan, which sees the Japanese
manufacturer committed to an 8 percent operating profit margin by the end of
fiscal year 2016 and targeting 8 percent market share.
- Audi, one of the pioneering OEMs in automotive lightweight
construction, is introducing new, lightweight suspension springs made of glass
fibre-reinforced polymer (GFRP) in an upper midsize model before the end of the
year. The GFRP spring, which Audi developed in collaboration with an Italian
supplier, even looks different than a steel spring. It is light green, the
fibre strand is thicker than the wire of a steel spring, and it has a slightly
larger overall diameter with a lower number of coils. Most importantly,
however, it is some 40 percent lighter.
- Apollo Tyres board today said its board has approved a
proposal to invest USD 340 million (around Rs 2,025 crore) to upgrade its
manufacturing facilities at Chennai and Kalamassery (Kerala).
- Ratan Tata, chairman emeritus of the Tata Group, is to
receive Frost & Sullivan’s 2014 Growth, Innovation and Leadership award.
The award will be presented at the business consulting firm’s global flagship
event, the Global Community of Growth, Innovation and Leadership (GIL),
conducted across 14 countries worldwide, to be held on September 23, at Taj
Lands End, Mumbai. Mr Tata will join an elite roster of visionaries, innovators
and leaders including Archbishop Desmond Tutu, Sir Richard Branson, Mitchell
Baker, Jack Andraka, Marc Benioff, Steve Woods, and Judy Estrin, among others,
who have been recipients of this award.
- Dr Baba N Kalyani, chairman and managing director, Bharat
Forge Ltd, has received the 2014 Majha Sanman award. He was given the award
recently by the chief minister of Maharashtra Prithviraj Chauhan and Union
surface transport minister Nitin Gadkari.
- Apollo Tyres board today said its board has approved a
proposal to invest USD 340 million (around Rs 2,025 crore) to upgrade its
manufacturing facilities at Chennai and Kalamassery (Kerala).Besides, the
company's board which met today, also gave its nod to seek shareholders'
approval to raise USD 200 million (around Rs 1,191 crore) via issue of
securities to pursue organic growth opportunities and for other corporate
purposes, Apollo Tyres Ltd said in a statement.
- Caterpillar India’s financial products division and Tata
Capital Financial Services Ltd (TCFSL), a wholly owned subsidiary of Tata
Capital Limited, the financial services arm of the Tata Group, have come
together to offer customers finance options for purchasing Cat equipment at all
its dealership stores.
- Aequs, among India's fastest growing precision manufacturing
companies, laid the foundation for a automotive components plant at its
250-acre Aequs SEZ in Belgaum, Karnataka.The new facility will add machining
capacity of over 100,000 hours annually and will support the company's rapid
expansion plans in the US and Europe markets this year. The new plant is
expected to be operational from March 2015. Aequs will manufacture engine and
transmission parts, sub-assemblies and assemblies in the new plant.
- GM India will launch the Manchester United special edition
Chevrolet Beat and Chevrolet Sail U-VA on July 7, Indian Autos Blog is told by
its sources.
- Dongfeng Peugeot Citroën Automobile (DPCA) has signed an
agreement today with the city of Chengdu for the construction of its fourth
production facility in China. Work will get underway in the second half of the
year, with the first car scheduled to roll off the new assembly lines in late
2016.
- Shriram Transport Finance Co Ltd, flagship company of the
Shriram group today said it was aiming at 8-10 per cent growth in asset base in
the current fiscal."We hope heavy commercial vehicle (HCV) market growth
will come in the second half of this year. We are looking at a growth of 8-10
per cent in the asset size in 2014-15 from a flat market last year,"
Shriram Transport vice-president S K Mundra said here today at a roadshow for
NCD launch.
- In an interview with The Hindu, Dr. Pawan Goenka, president
and executive director, Automotive and Farm Equipment Sector (AFS), M&M,
admitted that the company predicted the compact SUV boom in India to happen a
year later than it actually did. However, he added that Mahindra’s UV lineup
will be strengthened next year by the addition of 2 new products in the compact
SUV segment.
- Renault India has
made the first move among OEMs by increasing prices on its locally produced
range – the Scala sedan, Pulse hatchback and Duster SUV – by 1 percent from
July 1, 2014. The carmaker has cited rising input costs as the main
reason.
- Mercedes-Benz today launched the 2014 edition of its luxury
sedan CLS 350 in petrol engine, priced at Rs 89.9 lakh (ex-showroom, Delhi).
- In a disheartening revelation, Mr. Vikram Kirloskar,
President of Society of Indian Automobile Manufacturers (SIAM) and VC of Toyota
Kirloskar Motor, estimated that the Indian automotive sector had lost about
25-30 lakh jobs in the last two years.
- Daimler India Commercial Vehicles (DICV) along with
Mitsubishi Fuso Truck and Bus Corporation, Japan (MFTBC), a Daimler Company,
has begun exporting its robust DICV-made Fuso trucks to Indonesia, a key
strategic market in Asia. Daimler says the Fuso brand is the market leader in
Indonesia with a share of 45.4 percent. In the light-duty truck segment (5-8
tons GVW) served by the Colt Diesel, the company has a market share of 53.1
percent in (January-December 2013). The company has sold over 280,000 units in
Indonesia across light-medium and heavy duty segments.
- The TSI technology from Volkswagen has received the
international engine of the year 2014 award. The engine in question is the
1.4-litre TSI twincharger, which took this award for the ninth consecutive
time. Carstem Helbing, head of application EA888 and alternate fuels in the
Volkswagen petrol engine development division, took this award
- South African auto website IOL has received confirmation from the Ford’s
subsidiary on the new Figo’s launch. The vehicle will launch in the country
next year with at least one diesel variant.
- The crisis in oil-rich Iraq is having its impact in India. Effective midnight
of July 1, oil marketing companies (OMCs) have hiked the price of petrol by a
steep Rs 1.69 per litre and diesel by 50 paise a litre, excluding
local sales tax or VAT, which means the hit on the motorist’s wallet will
be higher. Petrol in Mumbai will now cost Rs 81.75 per litre, up Rs
1.59 from Rs 80.16 a day ago. Diesel rates have risen by 17 paise in
Mumbai to Rs 66.01 per litre (both prices excluding local taxes) .
- Power management company Eaton today launched its first
India Sustainability Report in New Delhi. The report was launched as part of an
industry symposium ‘Business Leadership for Energy Sustainability in India’
hosted by The Energy and Resources Institute (TERI). Eaton India is a member of
the TERI Business Council for Sustainable Development (BSCD) a forum through
which TERI engages with the corporate sector on issues related to sustainable
development.
- PSA Peugeot-Citroen will be hoping it is third time lucky as
far as India is concerned. After its first local venture, in collaboration with
the Doshis of Premier Automobiles, collapsed in 2001, it considered another
stab at the local market with a R4,000-crore plant in Sanand, Gujarat, in 2011,
but shelved it due to financial troubles at home. Now the only global car
manufacturer that does not have a presence in India is set to mark its re-entry
shortly.
- Rane Brake Lining Limited (RBL), part of the Rane Group, has
been ranked as the third in the list of “Best Workplaces” in the Indian
auto components Industry for the second year in a row. The ranking came from
the Great Place to Work Institute. The Great Place to Work Institute is a
global research, consulting and training firm that helps organisations
identify, create and sustain great workplaces through the development of
high-trust workplace cultures.
- image from http://katalogus.hasznaltauto.hu/mercedes-benz/cls_350_cdi_automata_-19176
- Two Wheeler Sales - June /2014
| Manufacturer |
Segment |
Jun-14 |
Jun-13 |
YOY Change |
| M&M |
2 Wheeler |
14389 |
7849 |
83.32% |
| Eicher/RE |
2 Wheeler |
25303 |
13806 |
83.28% |
| Honda |
2 Wheeler |
323224 |
252114 |
28.21% |
| TVS |
2 Wheeler |
202177 |
164128 |
23.18% |
| Yamaha |
2 Wheeler |
40666 |
35561 |
14.36% |
| Hero
Motocorp |
2 Wheeler |
541594 |
502279 |
7.83% |
| Bajaj |
2 Wheeler |
305465 |
295749 |
3.29% |
- Commercial Vehicle sales - June/ 2014
| Manufacturer | Segment | Jun-14 | Jun-13 | YOY Change |
| VECV | CV | 4187 | 3302 | 26.80% |
| Ashok
Leyland | CV | 7462 | 6970 | 7.06% |
| M&M | CV | 14138 | 13761 | 2.74% |
| Tata Motors | CV | 26832 | 36912 | -27.31% |
- Passenger Vehicle sales - June/2014
| Manufacturer |
Segment |
Jun-14 |
Jun-13 |
YOY Change |
| Honda |
PV |
16316 |
9297 |
75.50% |
| Nissan |
PV |
4362 |
2949 |
47.91% |
| FORD |
PV |
11935 |
8771 |
36.07% |
| MSIL |
PV |
112773 |
84455 |
33.53% |
| M&M |
PV |
16780 |
17232 |
-2.62% |
| Toyota |
PV |
13394 |
13805 |
-2.98% |
| Hyundai |
PV |
50518 |
54665 |
-7.59% |
| GM |
PV |
5172 |
6575 |
-21.34% |
| Tata Motors |
PV |
7911 |
11804 |
-32.98% |
- Tractor Sales - June/2014
| Manufacturer |
Segment |
Jun-14 |
Jun-13 |
YOY Change |
| M&M |
Tractor |
28893 |
26723 |
8.12% |
| Escort |
Tractor |
6689 |
6790 |
-1.49% |
- Group sales - Mahindra and Tata
| Manufacturer |
Segment |
Jun-14 |
Jun-13 |
YOY Change |
| M&M |
Total
Group |
38471 |
38092 |
0.99% |
| Tata Motors |
Total
Group |
38557 |
52712 |
-26.85% |
- Updated Status of 3rd July
