Archive for April, 2008

SCOOP:TATA LOOKING TO BUY A STAKE IN MV AUGUSTA!

Posted on April 29th, 2008 by by admin

 
Hot on the heels after its purchase of Jaguar and Land Rover and making their intention clear of buying a stake in the italian design house Pininfarina, the Tata’s are now considering buying a stake in MV Augusta. According to few Indian and Italian sources, Tata Group Chairman, Mr. Ratan Tata is in talks with Claudio [...]

MAJOR BANKS HIKE AUTO INTEREST RATES

Posted on April 29th, 2008 by by admin

 
Its double whammy for the Indian car buyer. Firstly it were the manufacturers which increased the prices of cars due to increase in material cost, across the board and now its the turn of the banks, causing steep increase in the cost of possession.
The increase from the manufactures side is between Rs. 4000 to Rs 18,000 depending [...]

MAHINDRA RENAULT LOGAN TO GO CNG AND LPG WAY

Posted on April 28th, 2008 by by admin

 
Mahindra & Mahindra will launch the LPG and CNG variant of its reasonably successful sedan, The Logan. Both the alternate fuled version will be based on the 1.6 petrol engine and will be costlier by upto 50,000 rupees or more. Logan is a result of the JV between the French Auto Makor Renault and the Indian [...]

NISSAN TO LAUNCH NEW MICRA FROM INDIA

Posted on April 28th, 2008 by by admin

 
Nissan is planning to launch its manufacturing plant at Chennai in India with a car modelled on the popular Hatchback Micra. The company expects to have 8 Models by 2012 in the country and use this plant for export purposes.
The company is setting up this plant with its partner Renault at a cost of Rs 4,500 [...]

RENAULT SANDERO NOKIA TO FEATURE N95, ACCESSORIES & MAPS IN BRAZIL

Posted on April 28th, 2008 by by admin

 
Renault Brazil and Nokia Brazil have joined forces to offer technology-savvy Brazilians an automobile that combines modern design with the most advanced mobile technology available today. The special edition Sandero Nokia will be the first Renault model produced in Brazil to come equipped with Nokia’s complete mobility solution, including device, services & software and original [...]

DODGE JOURNEY @ AUTO CHINA 2008

Posted on April 28th, 2008 by by admin

The Dodge brand is making strides in one of the fastest growing markets in the world with the introduction of the Dodge Journey at Auto China 2008. The Journey, locally named JCUV, continues the aggressive Dodge product offensive in China, by joining ranks with Dodge Avenger, Caliber and Caravan.
The Dodge Journey offers to the Chinese [...]

PININFARINA TO OPEN DESIGN & ENGINEERING CENTRE @ INDIA

Posted on April 25th, 2008 by by admin

 
Pininfarina intends to establish a Research, Design and Engineering Centre in Pune, India within the end of 2008. Pininfarina and Tata have signed a Letter of Intent wherein Tata will support this Centre in India with contracts and participate with a minority interest. Pininfarina will be the majority shareholder with management responsibility.
“This agreement witnesses the [...]

MARUTI OUTSTRIPS SUZUKI:BEATS THE JAPANESE PARENT IN SALES

Posted on April 25th, 2008 by by admin

 
Maruti Suzuki India has touched a big milestone. After nearly 25 years of starting its operations in India, beginning with a JV with the government, the company’s sales in India have overtaken parent Suzuki’s sales in its home market Japan, for one full year.
Maruti Suzuki India sold 7.11 lakhs units in the domestic market in the [...]

MRF TOPS CUSTOMER SATISFACTION STUDY

Posted on April 25th, 2008 by by admin

 
JD Power and associates has awarded MRF, highest ranking in terms of customer satisfaction, to the Indian Tyre manufacturer.
“MRF ranks highest in customer satisfaction with original equipment tyres among the five tyre manufacturers,” according to 2008 India Original Equipment Tire Customer Satisfaction Index (CSI), study released by J D Power and Associates on Tuesday said.
The 2008 [...]

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BMW DRIVES INTO KOLKATA: OPENS ITS FIRST SHOWROOM

Posted on April 24th, 2008 by by admin

 
BMW has opened its first showroom in Kolkata following increasing demand for its cars in the City. The company will also open a dealership facility providing sales, service, spares and systems for its clients, shortly. The 4300 sq-ft showroom was inaugrated yesterday.
Speaking on the occasion, BMW India President Peter Kronschnabitold reporters “Initially we will display five [...]