NEW DELHI: The country’s largest two-wheeler maker Hero MotoCorpBSE -0.92 % plans to enter three new countries — Argentina, Mexico and Nigeria — by the end of this year as it looks to widen footprint across global markets.
The company is also eyeing to sell a total of 2.5 lakh units in the international market this fiscal, up 25 per cent, from 2 lakh units in the previous fiscal.
“We are looking to enter Argentina, Mexico and Nigeria by the end of this year,” Hero MotoCorp ..
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MUMBAI: As rivals open new flanks to nibble away market share in its bastions, Mahindra & Mahindra, India’s largest utility vehicle maker, is winning unexpectedly in the small commercial vehicle space (SCV), a space where Tata Motors, was till recently, the undisputed leader.
Mahindra & Mahindra overtook Tata MotorsBSE 0.46 % as the largest mini-truck seller (0.5-3.5 tonne) in the country. Led by its pickup trucks, it has crossed a market share of 50% in SCV cargo space for the ..
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The Japanese auto giant the Toyota Motors has the subsidiary the Toyota Kirloskar Motors India Private Limted to look after their business in India. Presently the TKMIPL has 10 models in their Indian portfolio. As a part of expansion the company is planning to launch a few more new and refreshed models in the next few months.
As the compact 5-seater utility vehicles are in good demand in India the TKMIPL is planning to launch the international compact SUV the Rush in India soon, The Toyota Rush when launched will have to compete with the SUVs like the Ford EcoSport and the Renault Duster.
The Rush is expected in petrol and diesel with a price of Rupees 5.5 to 10 lakh. The 1.4 litre diesel engines of the sedan corolla Altis are expected on the Toyota Rush. The petrol versions may use 1.5 litre DOHC engines giving mileages of 14 kmpl approximately. The transmission will be 5 speed manual or 4 speed automatic. The Rush is expected with lots of comfort and safety features. The Rush can be expected by December 2015.
The TKM wants to make its flag-ship vehicle the MPV Innova more competitive. The new generation Innova can be expected early next year as the field tests of the model are going on in full swing. The new model will be built on a tough ladder-frame platform with revamped D pillars. The height will be reduced slightly and the last row windows will have V shaped glasses. The front fascia of the new Innova will have a new 2 slat chrome grille, sweptback double barrel projector type head lamps, LED day time running lamps and a new bumper with a wider air dam and fog lamps. The new Innova with new 2.4L engines may be priced Rupees 10 to 15 lakh.
As the hatchbacks and sedans of the company are not coming up to the expectations the TKM wants to bring the mid-sized sedan Vios to India. Styled in the lines of the Camry the Vios is already on sale in some of the Asian markets. The Vios is expected in the first quarter of 2016 at a price of Rupees 7.0 to 11.5 lakh.
The SUV Toyota Fortuner facelift is in testing stages in Australia. The new Fortuner is expected to be powered by new 2.4 and 2.8 litre diesel engines and may be launched in India in February 2016 for a price of Rupees 25 to 28 lakh.
The diesel van Hiace unveiled during the 2014 auto show is expected in April 2016. The 10-seater Hiace with an expected price of Rupees 25 to 30 lakh may have 4 gear automatic transmission.
Also check Maruti Suzuki Swift and About Bajaj Pulsar bikes in India
Frankfurt: Volkswagen’s light commercial vehicles account for 1.8 million of the 11 million diesel cars fitted with software linked to a scandal over rigged emissions tests, a spokesman for VW’s commercial vehicles business told a German newspaper.
The VW business, whose models include the Transporter and Caddy vans, plans to present proposals to authorities in the coming weeks for technical measures to be taken on the affected cars, Hannoversche Allgemeine Zeitung cited the spokesman as saying in a summary of an article to be published on Tuesday.
Maruti Suzuki India Limited announced that sales of its vehicles equipped with Auto Gear Shift have crossed 50,000 units. First introduced in the Celerio in 2014, the automatic transmission has been quite the favourite among buyers.
Maruti Suzuki has been doing its best to keep up with the rising demand for AGS equipped vehicles. The waiting period for a Celerio with an automatic gearbox was close to 4 months and it was in November last year that it announced that the waiting period for the Celerio automatic had been brought down to six to eight weeks.
Following the launch of the diesel A6 facelift last month, Audi has now plunked a petrol unit in it. In this refreshed A6, the power is now up by 5 per cent and yet at 15.26 kmpl it returns an efficiency which is 12.7 per cent higher than the outgoing model.
Last month, Audi introduced the 2015 A6 facelift in a unique online launch at a starting price of Rs 49.5 lakh, ex-showroom Delhi. (Read Launch Story here). The GermanLuxury car maker however brought it in just a diesel 35 TDI variant, only to introduce the petrol trim a few weeks later. Continue reading
NEW DELHI: Riding on new launches in sports as well as mid-segment bikes, Bajaj AutoBSE 0.39 % is eyeing 5 per cent increase in its domestic market share to around 23 per cent by the end of current fiscal.
The company, which sells various popular motorcycle models including Pulsar, Discover and Platina, currently has a market share of 18 per cent in the domestic market.
“We have improved our total market share in the bike segment to around 18 per cent in the domestic market ..
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The race to build self-driving cars maybe in the last lap with top carmakers and tech majors including Google, Mercedes-Benz, Tesla and Volvo testing driverless vehicles across the world. And top auto parts suppliers, too, are strengthening their technology prowess to meet the demand for specialised systems these vehicles would need.
World’s largest auto component maker Robert Bosch expects rapid growth of automated driving assistance systems to generate 1 billion, or $1.1 billion ..
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MUMBAI: The Indian automotive market may have been on a path of slow recovery in 2014-15, but the top brass of some leading automobile firms were rewarded handsomely for engineering turnarounds and taking on additional responsibility.
An ETIG study of the annual reports and remuneration packages of top executives in seven companies shows that while most such executives received double-digit pay hikes, in some cases the compensation was doubled or tripled.
Topping the list of pa ..
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