Homegrown sports utility vehicles manufacturer, Mahindra will not hesitate to exit loss making businesses, if customers do nnot accept these products, CMD, Anand Mahindra is quoted as saying by the BS report.
The German auto major BMW Group unveiled a sneak preview of two prototypes of ‘BMW-i Born Electric’ — the next generation BMW i3 Concept and the BMW i8 Concept Roadster — here as part of a world tour organised by the company.
Though synergies at the back-end are absolutely critical and this is the crux of the Renault-Nissan alliance, the front-end will now have to be completely exclusive.
GM Chevrolet Sail U-VA's powertrains were the result of a global development project involving hundreds of engineers from its Technical Centre in Bangalore, Global Diesel Development in Turin in Italy, Pan-Asia Technical Centre, Shanghai in China and Vehicle Development team in Pune.
Japanese car major, Toyota Motor Corporation is testing car safety systems that allow vehicles to communicate with each other and with the roads they are on in a just completed facility in Tokyo, the size of three baseball stadiums.
Indian company, FEC Group is opening a new Automobile Filter Test Laboratory in New Delhi on January 1, 2013.
In order to achieve its goal of eight percent share in the global automotive arena, the Japanese car maker Nissan plans to unveil around ten products in India by 2015, besides a sub-four compact sports utility vehicle.
German car major Audi AG and NXP Semiconductors NV had signed a strategic alliance for innovation, focusing on innovation speed and time to market in eight select automotive electronics application segments ranging from leadership positions of NXP's auto business to emerging technologies for the connected car.
The domestic car market has grown by mere three percent in the period April-October 2012at 1,082,431 vehicle in contrast with 10,05,560 units.
Mahindra Quanto, the compact sports utility vehicle from the stable of homegrown auto major, Mahindra & Mahindra, part of the $ 15.9 billion Mahindra Group has received in excess of 10,000 bookings ever since it started accepting bookings from September 21, 2012.
Jaguar Land Rover, part of the Indian auto giant, Tata Group has retailed 25,176 units globally in October this year, logging an increase of ten percent from the corresponding period of the previous year.
The Italian firm, globally renowned for its design and production of hi-tech systems and components for the automotive segment is widening its reach in the Indian automobile markets.
The second edition of the wildly popular Nano: Art-in-Motion series saw the creation of the ‘Weekender’ Art Nano at the NH7 music festival, held in Pune.
A handful of Indian auto component suppliers are turning their attention to their existing supply chains for answers.
Hyundai's strategic decision to focus on quality over quantity, even as its production lines are stretched in India and elsewhere, risks losing hard-won market share and is forcing it to divert output from its plant outside Chennai away from exports to other high-growth markets to meet domestic demand.
