Automotive Industry news and views

Suprajit Engineering wins quality award

Automotive News by Jayashankar Menon on Jan 5 2013

Suprajit Engineering Limited has bagged the 'Supplier Quality Excellence Award' from General Motors.

Volkswagen to unveil the concept of 'MicroCity' mobility solution in Pune

Automotive News by Jayashankar Menon on Jan 5 2013

As the last and fifth leg of the Indo-German Urban Mela (IGUM) to be held at Pune from January 11-12, 2013 the German car major Volkswagen will unveil the concept of 'MicroCity', a futuristic mobility solution as well as Nils, its concept electric vehicle, designed for individual mobility requirements.

India Yamaha targets sale of 200,000 sales of scooters in 2013

Automotive News by Jayashankar Menon on Jan 5 2013

Indian Yamaha Motor has set a target of selling 500,000 two-wheelers in 2013, out of which, the share of scooter sales would be 200,000 units, Roy Kurian, National Business Head, IYM said.

Mahindra 2 Wheelers enters motorcycle segment with the launch of two 110cc vehicles, Centuro and Pantero in India

Automotive News by Jayashankar Menon on Jan 5 2013

Mahindra 2 Wheelers, a division of the $ 15.9 billion Mahindra Group is foraying into the motorcycle segment with the launch of two 110cc vehicles, Centuro and Pantero.

Great Wall Motor looks for sites at Halol and Sanand to set up auto plant

Automotive News by Jayashankar Menon on Jan 4 2013

Gujarat is, by all means, transforming into a major automotive hub in the country, as it takes all initiatives to attract investments into the State, especially the automotive OEMs, be it Tata Motors, Maruti Suzuki, General Motors, Ford, now it is the turn of Chinese auto majors including Great Wall Motor planning to set up shop.

Maruti Suzuki to promote road safety with Maharashtra Highway Police

Automotive News by Jayashankar Menon on Jan 4 2013

Maruti Suzuki India, largest car manufacturer in the country had forged alliance with Maharashtra Highway Police to promote road safety in the State, wherein, a co-branded vehicle will cover nine cities to spread awareness on safe driving practices across schools, colleges and communities.

SpiceJet connects Mysore and Pondicherry with Mumbai, Delhi and Bangalore

Automotive News by Jayashankar Menon on Jan 4 2013

SpiceJet Ltd, India’s most preferred low cost airline, now connects Chennai – Mysore (Via Bangalore) and Pondicherry to Bangalore with direct flights.

Renault India closes the year 2012 with sales of 35,000 units

Automotive News by Jayashankar Menon on Jan 4 2013

Renault India Private Ltd, the fully owned subsidiary of Renault SAS achieved sales of 35,052 units for the calendar year 2012.

AirAsia Expedia appoints Kathleen Tan as CEO

Automotive News by Jayashankar Menon on Jan 4 2013

AirAsia Expedia (AAE), the unique joint venture between AirAsia, the world’s best low cost airline, and the Expedia group, the world's largest online travel company today announced Kathleen Tan as Chief Executive Officer.

Ramkrishna Forgings to set up $ 97 million plant in Jharkhand, to issue preferential shares to IFC

Automotive News by Jayashankar Menon on Jan 4 2013

Ramkrishna Forgings, the Kolkata-based forging manufacturer has decided to issue shares to International Finance Corporation (IFC), a promoter entity on preferential basis and preferential issue of warrants, apparently with the objective of setting up a $ 97 million plant at Klabira, near Jamshedpur in Jharkhand.

Mahindra organises driving training programme for women at Arur in Tamil Nadu

Automotive News by Jayashankar Menon on Jan 4 2013

Mahindra & Mahindra has imparted tractor driving training to 14 women at Arur village, near Dharmapuri town in Tamil Nadu.

Three-day Tech Fest starts at IIT-Bombay today

Automotive News by Jayashankar Menon on Jan 4 2013

The 16th edition IIT-Bombay's annual technology event, Tech Fest 2013 kick-started today, showcasing robots, vintage cars, motorcycles and more and the three day event, which is being held in association with Mahindra Rise.

MOF proposes change in metholodogy for calculating under-recoveries of OMCs in India

Automotive News by Jayashankar Menon on Jan 4 2013

Suffering from severe financial crunch, the Indian Ministry of Finance (MOF) is considering a change in the methodology for calculating the under-recoveries of oil marketing companies (OMCs).

Mahindra SsangYong reports 6.8 percent sales increase in 2012 to 120,717 units

Automotive News by Jayashankar Menon on Jan 3 2013

SsangYong Motor, the South Korea-based sports utility vehicles manufacturer and subsidiary of the Mahindra Group has posted a sales increase of 6.8 percent in 2012 to 120,717 units in contrast with the year ago period.

Shares of Bajaj Auto rally 3.6 percent at Rs 2,214 a piece at Indian stock exchanges

Automotive News by Jayashankar Menon on Jan 3 2013

Riding on the success of burgeoning December 2012 sales, shares of the Pune-based auto major, Bajaj Auto rallied to a new high yesterday on the BSSE, scaling Rs 2,214, up 3.6 percent from its previous close, but ended the day slightly lower at Rs 2,202.60.