Archive for March, 2009

Ford India To Hike Ikon Prices By 1.5% In April

Posted on March 30th, 2009 by by admin

Ford India will hike the prices of its entry level sedan, Ikon by upto 1.5% in April. The company said that price hike is necessitated by the increase in its import bills caused to the rupee depriciation.
“There will be an increase in the prices of Ikon by up to 1.5 per cent from the price [...]

Honda To Exit Geared Scooter Segment In India!

Posted on March 30th, 2009 by by admin

Honda two wheelers India has announed that it will exit the geared scooter segment in India and phase out its 150cc model - Eterno as the company plans to focus on the gearless segment.
“We will stop producing Eterno. We will not stay in this segment (geared scooter). Eterno will be phased out,” HMSI President and [...]

Suzuki Sells 51 Units Of Its High End Bikes In India In Four Months!

Posted on March 30th, 2009 by by admin

Suzuki Motorcycles India have sold 51 units of high end bikes, Hayabusa and Intruder in the Indian market in four months.
The company launched the bikes in November last year and is hoping to sell 300 units of the two bikes by the end of the year.
Surprisingly, the cruiser Intruder has outsold the Hayabusa in the [...]

GM’s Wagoner Quits Under U.S. Pressure As 2nd Bailout Nears

Posted on March 30th, 2009 by by admin

General Motors CEO Rick Wagoner has resigned under pressure from the Obama administration as the government prepares to announce today a second bailout for the company and Chrysler LLC.
Wagoner, a career GM executive and CEO since 2000, is stepping down as the top U.S. automaker struggles with a recession-fueled sales implosion that has pushed GM [...]

Button Wins The F1 Season Opener In Melbourne For A BrawnGP 1-2!

Posted on March 30th, 2009 by by admin

The 2009 F1 season kicked of yesterday in an eventful race won by Jenson Button driving his brawnGP car at Melbourne’s Albert Park circuit.
After two rather forgetful seasons with his older Honda team, the Briton driving his white brawnGP car crossed the chequered flag half second ahead of his team mate Ruben Barrichello, after a [...]

New 2009 Honda Activa Launched!

Posted on March 27th, 2009 by by admin

 
Honda has launched the new Activa in the Indian market today. The changes are comprehensive this time with new front and rear styling, bigger engine and Honda’s CBS (Combined Braking System) a first on any two wheeler in India.

The aerodynamically redesigned front end is curvy with an all new headlamp while the change to the rear [...]

2009 Mitsubishi Montero Launched!

Posted on March 26th, 2009 by by admin

Hindustan Motors and Mitsubishi Motors have launched their premium SUV Montero 2009 in the Indian market today.
The Dakar rally champion for a record 12 times the Mitsubishi Montero comes with a huge reputation. The 2009 Montero comes with a new chrome plated front grille, new seven spoke 17″ inch alloy wheels and Yokohama Tubeless rubber [...]

2011 New Gen Porsche Cayenne Spied!

Posted on March 26th, 2009 by by admin

Porsche has dumped its proposed plans to make a baby Cayenne based on the Q5 architecture and is instead pushing ahead with its second generation Cayenne which will be launched somewhere near 2011.
The new generation Cayenne will also feature some of the technology and learnings from the Panamera program. The second generation of the Porsche [...]

Mahindra Xylo Bookings Cross 11300 Units In Two Months!

Posted on March 26th, 2009 by by admin

The recently launched Xylo in notching up some good number for its maker, Mahindra and Mahindra.
The bookings have crossed 11,300 mark in just 2 months alone. While the looks are debatable, Xylo’s combination of value for money, interior space and features and equipments seems to have caught the buyers fancy.
The marketing push from Mahindra has [...]

Ratan Tata Pleads For British Government Aid For Ailing Jaguar Land Rover

Posted on March 24th, 2009 by by admin

Jaguar and Land Rover could affect further job cuts unless the British Government provides financial aid to the brands, Ratan Tata, Chairman of Tata Motors said in an interview to a television.
Tata said Jaguar Land Rover needs £500 million (542 million euros) in loan guarantees from the British government. “If funds are not available the [...]