Automotive Industry news and views

MyTVS to expand outlets in Tier-II cities of Karnataka in the next 2-3 years

Automotive News by Jayashankar Menon on Jun 14 2013

MyTVS, the brand from the stable of TVS Automobile Solutions, the largest chain of multi-brand car service network is aiming at expanding its network in Tier-II cities of Karnataka in the next 2-3 years.

MyTVS inaugurates its fourth multi-brand car service facility at Electronics City in Bangalore

Automotive News by Jayashankar Menon on Jun 14 2013

MyTVS, the multi-brand car service provider under TVS Automobile Solutions had opened its fourth facility at the Electronic City in Bangalore and the seventh in Karnataka, besides the ones located at Bannerghatta Road, Mysore Road and White Field Road.

Bajaj RE ‘Compact’ three-wheeler passenger vehicles launched

Automotive News by Jayashankar Menon on Jun 13 2013

Bajaj Auto Limited, the largest manufacturer of three-wheelers (auto-rickshaw) in the world, today launched its new range of Bajaj RE Compact passenger vehicles in India.

Apollo Tyres acquire cooper Tyre and Rubber Co for Rs 14,500 crore

Automotive News by Jayashankar Menon on Jun 12 2013

Apollo Tyres Ltd and Cooper Tyre and Rubber Company today announced the execution of a definitive merger agreement under which a wholly-owned subsidiary of Apollo will acquire Cooper in an all-cash transaction valued at an estimated Rs 14,500 crore ($ 2.5 billion, based on June 11, 2013 Rs/$ forex rate of Rs 58.10).

Maruti Suzuki India to conduct car exchange melas on June 15-16, 2013

Automotive News by Jayashankar Menon on Jun 12 2013

Maruti Suzuki India Limited (MSI) has announced June 2013 as the 'Exchange Month'.

Advanced Automotive Lighting Report 2013 released by Research and Markets

Automotive News by Jayashankar Menon on Jun 11 2013

Research and Markets, the largest market research store in the world has published its new research study, titled: Advanced Automotive Lighting Report 2013 as early as March 2013.

Sandeep Kumar improves his performance in round two of Scirocco R-Cup 2013

Automotive News by Jayashankar Menon on Jun 11 2013

Following a cumbersome debut race, Sandeep improved his standings by finishing 17th and 16th in Race 2 and Race 3 respectively held in Spielberg, Austria.

Great Wall Motors to build a Rs 1,676 crore car manufacturing plant at Pune

Automotive News by Jayashankar Menon on Jun 9 2013

Great Wall Motors, the largest sports utility vehicles manufacturers from China is expected to be the first player from the neighbouring country to establish a car vehicle assembling plant at Pune in the western Indian state of Maharashtra.

Two-day City on Wheels Automobile Show from June 7, 2013 concludes in Mangalore

Automotive News by Jayashankar Menon on Jun 9 2013

City on Wheels, the two-day automobile show, organised by Aura Cine Vista Private Limited and Dream Craft Creations Mumbai that started off on June 7 concluded today at Nehru Maidan in Mangalore.

Car prices to go up in India as rupee declines

Automotive News by Jayashankar Menon on Jun 9 2013

Even as the rising input costs and sliding rupee had forced Indian car manufacturers to go in for a price revision of Rs 2,000 to Rs 10,000, the further fall of the currency would mean, the car makers would be left with no option other than to hike prices.

Luxury car makers to enter used car space in India

Automotive News by Jayashankar Menon on Jun 9 2013

What with an estimated 18,000 to 20,000 used cars are being sold in India every year, the luxury car manufacturers are now entering into the emerging space.

NeST to set up auto component manfacturing plants in Chennai and Noida with an investment of Rs 50 crore

Automotive News by Jayashankar Menon on Jun 9 2013

The Kochi-based Network Systems and Technologies Private Limited, provider of electronic manufacturing services and software solutions is foraying into the domestic auto component segment and would invest around Rs 50 crore over the next one year.

Audi forge alliance with Analog Devices on Automotive innovations

Automotive News by Jayashankar Menon on Jun 8 2013

The German premier car manufacturer Audi Group, part of Volkswagen AG has forged alliance with Analog Devices Inc, a global player in high-performance signal processing technology to collaborate strategically within its Progressive Semiconductor Programme.

2013 CAR Management Briefing Seminars to be held between August 5-8 in Michigan

Automotive News by Jayashankar Menon on Jun 8 2013

The speakers at 2013 CAR Management Briefing Seminars included top automotive officials from Audi, Chrysler, Dana, Ford, General Motors, Honda Motors, Honda, Nissan, Novelis, Toyota, Volkswagen and others.

SIAM conducts campaign against fake auto components as part observing Anti-counterfeiting Day

Automotive News by Jayashankar Menon on Jun 8 2013

As part of observing World Anti-Counterfeiting Day today, industry body, the Society of Indian Automobile Manufacturers (SIAM) has organised an awareness campaign against fake auto components.