M&M

The Indian automobile maker Mahindra&Mahindra is extending its might to Cimino, the Sicilian Financier to wretch the Fiat SpA Termini Imerse car factory deal. The deal might envisage the latter to produce electric vehicles in its platform. The prospective deal with Reva Electric Car co will involve $602million for Cimino for erecting the plant at …

Hyundai launches next gen i10

Hyundai today launched uplifted i10 called next gen i10. The next gen i10 will replace the current i10 and is priced between Rs.348lakhs and Rs5.91 lakhs. The next gen i10 comes with lists of new features and an upgraded engine. The next gen i10 gets the following new features * ORVM integrated turn indicators * …

GM on the expansion scheme for its Halol plant

In a bid to launch five models of its platform, General Motors is investing $250 million for its Halol plant, said its MD. The new models come under the aegis of SAIC of which three will be passenger cars and two will be LCVs. The partnership with SAIC is now a two- decade old, and …

Bajaj does it again with its Discover

What else would make the camp of Bajaj more cheerful than the 10 lakh number of its Discover motorcycle. The feat makes the fever among the circles of Hero Honda, which hits the sale motion of its Splendor. Discover range has reached a whooping 127,397 units during August 2010. The sale figure for Discover 100, …

General Motors offering discounts for its cars

A high range of discounts is offered by General Motors for its cars and the amount will be in the range of Rs12000 – Rs70000. This comes in contrast to the price rise invoked by certain companies, said its VP for corporate affairs. GM is on the verge of reaching the potential customers with this …

Tata to finalize the deal for Turkey production

Turkey’s interest to let Nano production go on its soil is on the serious concern from the Tata camp. The reason cited for this is to penetrate the European car market, said its diplomat, which follows the announcement for European target of Nano, from the Chairman of Tata Motors. Every aspect is being analyzed for …

Research report points Nano to be the second best selling car in 2011

The research firm headed by JD Power revealed that the world’s cheapest car Nano is all set to secure the position as the second best car in the next fiscal. This will eliminate Hyundai’s i10, which is running close to Maruti’s Alto for the said slot for this year and Tata Indica will be the …

The tie-up between Volkswagen and Suzuki set on

The global partners coming together is not new in the automobile industry, but the one from Japan and the other from Germany driving into the Indian roads is something peculiar. Volkswagen and Suzuki (the partner with Maruti) have joined hands to share the technical-know for making cars in India. The officials from VW spent some …

Hero Honda gearing up to meet the challenge from Bajaj

It is the first time in its long journey that Hero Honda recognized the stiff fight endured by Bajaj auto over market share. Hero Honda is now under pressure to secure its position as number one and is facing a threat from its partner Honda for an anticipated exit from the tie-up. Hero Honda has …