Latest Updates On Auto & Automobile News of India |
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| Hindustan Motors introduces mini-truck |
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 Hindustan Motors has launched a mini-truck, expecting to utilise the substantial excess capacity that the country`s oldest automobile unit had in the face of falling sales of its flagship vehicle, Ambassador.
West Bengal Chief Minister Buddhadeb Bhattacharjee launched the mini truck. Speaking at the launch of the first new vehicle in 28 years, company Managing Director R. Santhanam said that with retail finance becoming a serious problem in the last three months, Ambassador Sales ha... |
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| Bajaj plans to introduce a new bike a month from Jan |
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 Bajaj Auto Ltd, the second-biggest motorcycle maker of India has announced on Monday that it would a launch new model a month from January for six months to revive sales that fell 37 per cent in November.
High interest rates and sluggish consumer spending have spoiled demand for automobiles in India, including for motorcycles and scooters that Bajaj Auto produces and analysts said the costs of new launches could squeeze the company`s profit margins.
In a statement, the ... |
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| Suzuki expects to purchase stakes of MD, SMIPL |
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 Suzuki Motor Corporation is expecting to acquire the stake owned by Managing Director of Suzuki Motorcycles India Ltd (SMIPL), Mr. Satya Sheel, in its Indian two-wheeler subsidiary.
Confirming this, Suzuki Motorcycles India Joint Managing Director, Mr. Katsumi Takata, said, "Internally, discussions are on." He declined to comment further.
Suzuki Motor Corporation`s move in this direction could make the Indian two-wheeler company its wholly owned subsidiary. But, SMIPL d... |
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| TVS Motor teams up with IndusInd Bank for dealer financing |
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 TVS Motor Company, India`s third largest two-wheeler maker, has teamed up with IndusInd Bank for providing financial support to the former`s dealers.
The auto Company has signed an agreement with the private sector lender to provide `structured` inventory funding to the dealers of TVS Motor Company.
In a joint statement, TVS and IndusInd said, "While this tie-up will help the bank to escalate its realm of trade, it will enable TVS Motor Company to beef up its backward i... |
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| Suzuki launches two super premium bikes over Rs 10L bikes |
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 Japanese major Suzuki has launched two super premium bikes 1,340cc Hayabusa and 1,783cc M1800R on Wednesday for Indian roads. Both these bikes cost Rs 12.5 lakh.
Suzuki, a prominent player in the bike segment is expecting that these imported bikes would add power to the company`s brand value here and create excitement among youngsters.
Atul Gupta, Suzuki India`s marketing V-P said, "We are confident that these bikes have a space in India and hope to sell over 300 bikes ... |
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| Maruti Suzuki introduces A-Star car in Nagpur |
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 Maruti Suzuki, the Car market leader of India has launched world strategic model A-Star in the Orange City Nagpur.
The brand new A-Star Car is powered by new state-of-the-art, light weight 998 cc and the petrol engine car is fuel efficient with a mileage of 19.59 kmpl as tested by a Pune-based automotive research agency.
A-Star is a truly green car with no compromise and the newest model meets the Europeans ELV norm, which means that 85 percent of car is recyclable.
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| Fiat India starts producing first Linea from Ranjangaon |
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 Fiat India Automobiles Ltd (FIAL) has started production of the Linea at the Tata Motors-Fiat facility at Ranjangaon.
The first indigenously manufactured unit of the sedan rolled out off the assembly line at the flip of a button by Mr. Rajeev Dube, President, passenger cars, Tata Motors, to the accompaniment of Vedic chants by a battery of priests and religious rituals.
The commercial launch of the Linea, pronounced a C-plus segment offering, is scheduled for mid-Dece... |
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| Kirby Systems wins Rs 70-cr order for Nano project |
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 Kirby Systems, the pre-engineered building systems maker, has bagged a Rs 70-crore order for the construction of manufacturing facilities from the Tata Nano small car greenfield project coming up at Sanand in Gujarat.
The project is under rapid execution mode, encompassing facilities for assembly, engine, weld and press shops with a total built-up area of about 10 lakh sq ft.
Mr. Praveen K. Tandon, the Chairman of Kirby Building Systems India, said that more than the ... |
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| Maruti R&D centre plans to set up multiple fuel options |
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 Researchers at Maruti R&D centre in India have started working on multiple fuel options for all the company cars and are expecting to roll them out in a phased manner, Mr. I.V. Rao, Managing Executive Officer (Engineering), Maruti Suzuki India informed.
The executive also hinted at realigning the Maruti production lines in the wake of slowdown in the automotive sector and consequent pressure on sales volumes.
Rao said that the realignment will actually help clear the b... |
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| Naunce to launch cars with Speech Recognition Technology in India |
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 Nuance, a US based company has come up with a technology that can recognise speech and it is offering the technology to Indian auto makers.
With this, India is not far away when Cars made in India can be commanded through speech for navigation aids or mobile telephony purposes to make driving more safe.
This speech recognition technology is already in trend in the Western world. Fiat, which introduces the technology in its latest small car version Fiat 500, already has ... |
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