Nissan plans Micra for India

Nissan is building a plant jointly with its partner Renault at a an investment of over Rs4000 crores. On the new plant you might have heard a lot but here is an interesting news. Nissan plans to offer eight products across all segments in India by 2012. Nissan is finalising vendors for various products which …

Bajaj and TVS hikes prices

Bajaj * Pulsar and Discover prices goes up in the range of Rs 500- Rs 600. TVS * 100-cc TVS Star City bike price is up by Rs 1000 * The price hike on the 160-cc Apache RTR is Rs 700 * The TVS Scooty becomes dearer by Rs 500 * The moped becomes dearer …

Honda to hike prices

Honda Siel Cars India today said it will increase the prices of its two sedans City and Civic between Rs 5,000 and Rs 10,000 in May due to the rising input cost. A company official said the rising steel prices and other input costs have put immense pressure, which the company has been trying to …

Mahindra drives Scorpio to Chile

Mahindra & Mahindra today launched the Scorpio in Chile.The Scorpio is the Mahindra’s second product to be launched in Chile after the Mahindra Pik Up Double Cab.  Mahindra is selling its flagship products in the south american country through partnership with Fortaleza of the Automotores Gildemeister Group. Automotores Gildemeister is the Chilean arm of the …

BMW unveils new dealership facility in Kolkata

BMW India today announced opening of OSL Prestige, its dealership facility in Kolkata. With this, BMW has ten dealers across India Bird Automotive (Gurgaon, NCR), Deutschen Motoren (New Delhi); Navnit Motors (Mumbai), Infinity Cars (South Mumbai); Krishna Automobiles (Chandigarh); Navnit Motors (Bangalore), Delta Motors (Hyderabad), Kun Exclusive (Chennai), Bavaria Motors (Pune) and OSL Prestige (Kolkata). …

Rising food prices, blame Biofuel

Biofuels were developed as part of plans to limit and reduce greenhouse gas emissions, held responsible for global warming, but since they take up land that would otherwise be used for food production, they have been increasingly blamed for soaring food prices. The World Bank said earlier this month that increased biofuel production had contributed …

Volkswagen Chinese jetta the Bora

Volkwagen showcased its new Jetta for China at the ongoing Beijing Auto Show. The new VW Bora (Jetta in China) is the second is based on the 5th generation European VW Jetta. Volkswagen jointly developed the new jetta (Bora) with its second local partner the FAW (first being the Shanghai Automotive). Interestingly Volkswagen presented two …

Nissan’s new Teana unveiled

Nissan has unveiled the new Teana at the ongoing Bejing Auto Show. Teana was designed under the concept of modern luxury and relaxation. The Teana is Nissan’s most expensive ‘Made in China’ model, it’s equipped with Nissan’s famous 3.5 liter petrol which is shipped in from Japan to the factory in China. Teana will be …

Hero – Daimler to invest Rs4400 crores in India

Hero – Daimler today unveiled its Rs. 4,400-crore joint venture plan to build commercial vehicles in India. “This joint venture will first focus on light and medium commercial vehicles which will be developed with specific Indian conditions in mind to be launched by 2010. By 2012 it will roll out heavy commercial vehicles,” Daimler Trucks …

Hero Honda hikes price of Hunk,Splendor, Passion and CBZ

Owing to the rising input cost Hero Honda has increased the prices of Splendor Plus, Passion Plus, CBZ and Hunk. A price rise in the range of Rs 500 and Rs 1000 across these products. “Within cost, last week we have increased the prices of many of our products by Rs 500-1000. We have been …