M&M on high spirits with its allegiance to Ssang Yong

M&M has at last entered into a MoU with the Korean Ssang Yong for staking its claim in the Korean market. However, the details about the deal are to be disclosed. All formalities in this regard will be sorted out soon, said the officials jointly. M&M’s cash reserve is Rs2500 crore and the debt-equity ratio …

Skoda to retain brand positioning in India

The Skoda Auto is firm on retaining its brand positioning in the luxury segment despite such claims from VW. According to the GM(sales & Marketing) of Skoda, the company doesn’t want to dilute the position in India and is not in a bid to get identified in the mass segment. Skoda likes to have an …

Most brand cars get price hike

Close on the heels of Maruti other car makers Tata (Indica), M&M (Xylo, Scorpio and Bolero) have too increased the prices . Indica and Indigo ranges to cost higher by Rs5000-8000. M&M’s Scorpio gets the hike of Rs6400-9300, Xylo Rs4600 and Bolero to be costlier by Rs4800. These prices are applicable to new models also. …

Maruti Suzuki plans to open brand centres across metros

Maruti is on the verge of creating brand equity by initiating brand centres in major cities. Maruti Suzuki is an Indian arm of the Japanese firm having 54% stake. The proposed centres will start functioning from two years. According to its commercial business head, already 44000 sq ft of space( a minimum space required for …

Bajaj fails to get its name on ultra-low cost car

Bajaj slips to regain its identity in the small car venture with Renault and Nissan, as the car would shield the latter’s badge. The CEO of Renault-Nissan, who was here for a summit, finalized the deal including the share of each companies and the fuel-efficient low priced car would be possibly ready by 2012. The …

Renault-Bajaj small-car will cost lower than any other made in India

At last, Renault-Bajaj alliance makes it a wonder, that the proposed low cost car would be the lower than other cars available in India. The car would hit the roads by 2012 and would be made by Bajaj with all around efficiency and fuel consistency, said the CEO of Renault. The car will be adorned …

Toyota mulls introducing Daihatsu in India

Toyota will start firing on all cylinders with the launch of new small cars by end 2010 or early 2011.  To enhance its presence in the small car market, Toyota is again thinking on introducing Daihatsu brand in India.However the Daihatsu launch will very much depend on the outcome of the Toyota’s small car. The …

Bajaj plans ultra low cost bike steel

Really the Nano is making every one to think, few months back we reported about the Hero Honda’s low cost product. Hero Honda is believed to be working working on a ultra low cost product. Whether its a moped or a bike is not known. Following Hero Honda, India’s 2 largest two wheeler maker Bajaj …

Vahan show: Interview with Mr.Sam Group Head, Marketing and Sales of Yamaha India

While Tata’s nano made everyone to rethink the concept of frugal engineering, R1 inspired YZF R15 and FZ inspired FZ 150cc made everyone to realise, what is a true 150cc bike? YZF R15 and FZ pulled crowds like anything. It seems that Yamaha is back with a bang. Amidst disco and thundering music we interviewed …