Automobile News
Archive for December, 2010
Tata Motors To Shell Out Double-trailer Truck for Offshore Market
Currently, Tata Motors is working on a double-trailer truck in its Prima range of world trucks for international market. This truck will be ready to sell by next fiscal, according to a senior company executive. However, the tonnage capacity of the truck is not revealed yet. “We are developing a double-trailer truck under the Prima [...]
Hero-Honda Split Not to Effect Royalty Payments to Honda Group
Country’s largest motorcycle manufacturer, Hero Honda, experiences royalty payments to Honda Motor remaining at the present level after the split of their joint venture, said its chief executive. On the other hand, Hero Group said it would buy Japanese automaker Honda Motor Co’s total 26 % stake in the joint venture Hero Honda Motors. Pawan [...]
Nano, Aria Dodge the Price Rise by Tata Motors
Tata Motors is all set to increase prices of all passenger vehicles of its stable except the newly launched Aria and Nano. The increase will be up to 1.5 per cent from next month onwards. According to Tata group company this increase is on account of rolling input costs. “We will increase prices of all [...]
New Fuel-efficient Engines for Trucks by Tata Motors
Tata Motors is planning to develop a new set of fuel- efficient engines for its light commercial vehicles (trucks), which demands investment of around Rs 400 crore. According to a senior company executive, this project would help the company to increase its sales in overseas markets. “We are developing a new set of fuel-efficient engines [...]
Nissan to Dish out Teana on Basis of SKD to Slash Prices
Nissan India Motor is setting up to bring its luxury sedan Teana, by the end of February, in semi knocked-down condition in India. This will help the company to have competitive price in the Indian market. At present, customers pay 110% duty on cars imported as CBU (completely built units). CEO and MD of Nissan [...]
Infrastructure worries- A Bane for Electric Car Market
Auto-majors have all set up to launch electric vehicles, however, they are questioning Indian infrastructure if it is ready for the new-hi-tech, zero emission cars. Some major problems faced by electric car manufacturers in this regard are that of lack electricity, good roads, parking lots and availability of charger stations. Japanese carmaker Toyota Kirloskar Motor’s [...]
Maruti Suzuki Price Range will climb a Ladder Soon
Today, Maruti Suzuki India announced that there would be an increase in its car price range. This hike will be done to to balance the rising input costs and impact of growth of yen. The company said that it has been working on the time and quantity of price increase of its vehicles. Maruti Suzuki [...]
Nano sales
The drastic fall in the sales of Nano, a minicar from Tata Motors, from a peak of 9,000 in July to mere 509 in November is not due to its safety bottleneck. Instead, it is forged by hurdles on part of financing and infrastructure problems in small towns if Debasis Ray, a Mumbai-based spokesman for [...]
Honda’s Brio Coming to India in 2011
On Tuesday, Honda- the Japanese automaker uncovered the prototype of its small car ‘Brio’ in Bangkok. It will come in India in 2011 with a price bracket of less than Rs 5 lakh. The company has said that it is going to use the vendor base of its two-wheeler business in India to provide the [...]
Maruti to Come Out With A Newer Version of Swift in 2011
Recently, Maruti Suzuki India has announced the launch of an upgraded version of the Swift in 2011. The third generation Suzuki Swift has been launched earlier this year in Hungary. Maruti has announced the reorientation of the production of ‘Swift’ and ‘DZiRE’ in its two services at Gurgaon and Manesar to enhance output. The Swift [...]