Automotive Industry news and views

Global Automotive Cockpit Electronics market to grow at a CAGR of 11.65 percent over the period 2012-2016

Automotive News by Jayashankar Menon on Jun 2 2013

Global Automotive Cockpit Electronics market has also been witnessing the emergence of in-car 3D entertainment.

Auto sales in India remain lacklusture in May 2013

Automotive News by Jayashankar Menon on Jun 2 2013

Indian car sales in May 2013 remained lackluster, with the country's largest car manufacturer by sales, Maruti Suzuki India announcing its fifth straight decline in monthly sales.

Tata Motors registers sales of 49,304 units in May 2013

Automotive News by Jayashankar Menon on Jun 1 2013

Tata Motors logged sales of 49,304 units in May 2013 including exports of commercial and passenger vehicles.

Mahindra posts a sale of 42,104 vehicles in May 2013

Automotive News by Jayashankar Menon on Jun 1 2013

Indian automotive manufacturer, Mahindra & Mahindra today said that it had posted a sales of 42,104 cars in the domestic market in May 2013 in contrast with 39,938 vehicles during the corresponding period of 2012.

HARMAN India enters into lighting solutions space at PALM Expo 2013 in Mumbai

Automotive News by Jayashankar Menon on Jun 1 2013

HARMAN Professional India has entered into the lighting solutions space by showcasing the products at PALM Expo 2013 held in Mumbai from May 30 to June 1, 2013.

Toyota Kirloskar May 2013 sales down by 35 percent at 10,023 units

Automotive News by Jayashankar Menon on Jun 1 2013

Toyota Kirloskar Motor had registered a sales decline of 35 percent at 10,023 units in May 2013 as against the sales of 15,501 cars in the corresponding period of 2012.

Renault India posts a 13-fold YOY growth in May 2013 selling 6,300 units

Automotive News by Jayashankar Menon on Jun 1 2013

Renault India Private Limited, the Chennai-based wholly owned subsidiary of the French car maker, Renault SAS had posted a steady year on year growth in excess of 13 fold in May 2013, despite a shrinking domestic market by selling 6,300 units as against 482 vehicles in the year ago period.

Hyundai Motor India sells 32,102 units in May 2013

Automotive News by Jayashankar Menon on Jun 1 2013

Hyundai Motor India, the subsidiary of Korean car major, Hyundai Motor corporation has logged a sales of 32,102 units in May 2013 in the domestic market.

Mahindra First Choice Services partners with ChangeMyTyre.com for priority fitment of tyres in India

Automotive News by Jayashankar Menon on May 31 2013

Mahindra First Choice Services Ltd (MFCSL), India’s first certified multibrand car workshop has firmed up partnership with ChangeMyTyre.com, again a first ever tyre e-commerce portal.

Audi Great Indian Quattro Drive flags off on June 15, 2013

Automotive News by Jayashankar Menon on May 31 2013

The Audi Great Indian Quattro Drive, powered by Autocar Third Drive will flag off on June 15, 2013 and after traversing 3,992 kilometres, it will finish on June 29, 2013.

Fifth edition of Maruti Suzuki Autocar Young Driver 2013 contest is back in India

Automotive News by Jayashankar Menon on May 31 2013

The 5th edition of Maruti Suzuki Autocar Young Driver 2013 contest is aiming at promoting the culture of safe driving especially amongst the Indian youth, wherein the competition probes the participant’s knowledge of traffic rules, awareness of road safety and their real world driving skills.

Indian auto dealers foresee a decline in profits says a JD Power Asia Pacific Study 2013

Automotive News by Jayashankar Menon on May 31 2013

In India, one in five dealers are likely to take a financial loss in 2013, more than double the number in comparsion with the previous year and only 44 percent of dealers expect to make a profit for the 2012-2013 financial year, says a JD Power Asia Pacific 2013 India Dealer Satisfaction with Automotive Manufacturers Index (DSWAMI) StudySM released this morning.

Indian vehicle manufacturers recall 150,000 cars and 11,500 motorcycles since a voluntary recall code was adopted in July 2012

Automotive News by Jayashankar Menon on May 31 2013

Indian auto makers manufacturers had recalled in excess of 150,000 cars and 11,500 motorcycles since a voluntary recall code was adopted in July last year at the aegis of industry body, the Society of Indian Automobile Manufacturers (SIAM).

TVS Logistics announce acquisition of US logistics firm Wainwright Industries

Automotive News by Jayashankar Menon on May 30 2013

The Chennai-based TVS Logistics Services Limited, leading third party logistics service provider in India today announced the acquisition of US-based Wainwright Industries, an end-to-end supply chain provider, head quartered at Missouri, in the US.

Hyundai Motor India showcases ‘First Ball Tour’ for ICC Champions Trophy 2013

Automotive News by Jayashankar Menon on May 30 2013

The Chennai-based Hyundai Motor India Limited (HMIL), the domestic arm of the Korean car maker, Hyundai Motor Corporation, the fastest-growing car manufacturer by brand in India and the official partner for International Cricket Council (ICC) today showcased the ‘First Ball’ for ICC Champions Trophy 2013.