Automotive Industry news and views

WHO organises road safety campaign in Hyderabad

Automotive News by Jayashankar Menon on Dec 12 2012

The World Health Organization (WHO) Country Office for India and the Ministry of Health, Government of India today launched a multi-media campaign against drunken driving in Hyderabad and Cyberabad with support from the city’s local departments of police, health and transport.

Commercial vehicle loans at high interest rate of low ticket size more likely to default, says India Ratings study

Automotive News by Jayashankar Menon on Dec 12 2012

India Ratings in a new report says that commercial vehicle (CV) loans at high interest rates or with low ticket size show higher-than-portfolio average delinquency rates.

AMW bags two awards from CII

Automotive News by Jayashankar Menon on Dec 12 2012

AMW Motors Limited (AMW), India’s third largest heavy commercial vehicle manufacturer bagged awards in two categories at the CII National Award 2012 for Excellence in Water Management function held in Jaipur, Rajasthan on December 6-7, 2012.

Mahindra to increase prices of its vehicles by one percent in January 2013

Automotive News by Jayashankar on Dec 12 2012

Homegrown auto major, Mahindra & Mahindra (M&M) announced this morning that it would hike the prices of its vehicles by over one percent across various models in January to offset rising input costs.

Rane TRW Steering Systems adds a Rs 35 crore new airbag manufacturing unit at its Chennai plant

Automotive News by Jayashankar Menon on Dec 12 2012

Rane TRW Steering Systems Ltd (RTSSL), a 50:50 joint venture Company of Rane Group and TRW Automotive today announced that it would expand RTSSL to include manufacture of airbags at its plant which currently made seat belt systems in Singaperumal Koil, near Chennai in Tamil Nadu.

Miri Ben-Ari Named Next Brand Ambassador for Harman Kardon® Beautiful Sound Campaign

Automotive News by Jayashankar Menon on Dec 12 2012

GRAMMY® Award-winning violinist known for distinct sound featured in worldwide print and digital work for Harman Kardon audio brand; Beautiful Sound tour to begin in February 2013.

Digital marketing could make car buying process faster, says Accenture global survey

Automotive News by Jayashankar Menon on Dec 12 2012

According to an Accenture Survey, consumers believe better digital marketing could make car-buying process faster.

Gujarat is fast emerging as one of the automotive hubs in India

Automotive News by Jayashankar Menon on Dec 12 2012

Gujarat, which is home to a number of automotive original equipment manufacturers and also having all the requisite infrastructure in place, is aiming becoming the number one destination for vehicle manufacturers to set up shop in the state.

The Hindu Shine HR Conclave to be held in Chennai on December 14, 2012

Automotive News by Jayashankar Menon on Dec 11 2012

One of India's leading English dailies, The Hindu has forged alliance with online recruitment online domain, shine.com will organise, Hindu HR Conclave on December 14, 2012 at Taj Connemara, Chennai.

Mercedes-Benz India to increase prices of its cars from January 2013

Automotive News by Jayashankar Menon on Dec 11 2012

Apparently, the company cited the usual reasons including spiraling input costs as well as fluctuating exchange rates as main reasons necessitating the price increase, with effect from January 2013.

Rane Group Chairman L Lakshman receives Jamshetji Tata Award from ISQ

Automotive News by Jayashankar Menon on Dec 11 2012

Rane Group Chairman L Lakshman joins the elite group of business leaders from India to win this prestigious award.

JLR, NICDP sign letter of intent paving way for automotive partnership in Saudi Arabia

Automotive News by Jayashankar Menon on Dec 11 2012

A Letter of Intent was signed between Jaguar Land Rover and National Industrial Clusters Development Programme in the Kingdom of Saudi Arabia.

FIAT ups the ante with the launch of exclusive FIAT-Chsyler distribution network in India

Automotive News by Jayashankar Menon on Dec 11 2012

FIAT Group Automobiles India Private Limited, the subsidiary of Italian auto major FIAT has announced a slew of initiatives, aiming at consolidating its position in the Indian market by focusing on its core strengths.

Indian tractor industry to log flat volumes in 2013, says ICRA report

Automotive News by Jayashankar Menon on Dec 11 2012

After clocking a meager growth of around 2.8 percent during the first quarter of 2012, growth in the Indian tractor industry plunged into red during the second quarter, dipping by a mammoth eleven percent on year on year basis.

Chinese automobile manufacturers plan to foray Indian market

Automotive News by Jayashankar Menon on Dec 10 2012

As two biggest automotive firms, Beiqi Foton Motor Co and Great Wall Motor Co are contemplating on entering the Indian market on their own to set up shop in the burgeoning Indian automotive horizon.