The legal tussle over the compulsory sale of helmets along with new two wheelers has come to an end with the Indian Supreme Court upholding the verdict. The plea was initiated by SIAM to quash the law. While dismissing the petition, the bench read out the verdict that the manufacturers of two wheelers have to …
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Superbikes ride into steep base
Gone are the days when only select range of motorcycle could ride into the top terrains of mountains. Now it is found that one out of ten superbikes sold has the capacity to reach the peaks. The bikes under this category are priced in the range of Rs10 lakh – Rs60 lakhs. These superbikes are …
Increase in domestic car sale in India
The Indian auto industry has got some good news to share about. The sale of domestic cars in India shot up by 31% in the last month. The accurate figure 30.79% by way of 141184 units stands against the corresponding month of 2009 when it was 107948 units. The report, released by SIAM, indicated the …
Bajaj eyeing on export market spree to fetch 70% sales
Riding high with recent success formula of Pulsar and Discover, Bajaj auto has an ambition to reap nearly 70% sales from the overseas markets. This move is viewed as a counter against Honda Motor, particularly in Latin America, Asia and Africa. It is to be remembered that Bajaj secured 30% sale in overseas markets last …
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Volkswagen has no reservation to join Maruti
Inline with its global strategy, Volkswagen said it is ready to share the expertise of Maruti in making cars for domestic and international markets. VW has got 19.9% from Suzuki at $2.5 billion and there are personal projects undergoing in Germany and Japan. It foresees suitable market for India and in this regard it seeks …
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Tata Motors on plans for shelling out Rs 10,000 cr
The Indian auto giant Tata Motors said it is allocating Rs10000 crore for the next three year projects which include redefining the plants with latest technologies and RD of product development. The move is circulated among the shareholders through snail mails and demand for more fund has also been made. The main purpose to release …
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Toyota on production spree of engines and gearboxes for Etios
Toyota’s second plant in Bangalore is getting ready to make engines and gearboxes for the dream car Etios, The proposed capacity is 70000 annual units from this facility. Etios, displayed at the Delhi Auto Expo this year beginning is slated for launch this year end. Toyota’s Indian partner , Kirloskar Auto Parts is already content …
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Assembling of Q5 SUV started by Audi
Audi, the world famous luxury car manufacturer’s account in India gets another mark with the commencement of assembling Q5 at its Aurangabad facility. The plant will assemble Q5 at 1500 units a year and will mean the company’s long-term vision in Indian market, said its Board Member. The assembly of this car will involve 5 …
Bugatti Veyron clinches the coveted title
The car lovers may linger over the demonic speed of Bugatti Veyron which drove at 280miles per hour to secure the title as the world fastest car. In just 2.5 seconds the car pricks at 0-62mph but the wonder lies in the next stage at 0-124 mph in 7.3 seconds while in 15 seconds it …
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Peugeot to invest $884 million in India
The French car maker Peugeot said it is investing $884 million for a plant in Andhra Pradesh. It is to tap the potential Indian car market and to strengthen the base. The investment expected to be 700 miiion euros for the estimated production of 1 lakh cars in the plant. Peugeot is one among those …