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Mahindra and Mahindra today formally entered into the 7million Indian two wheeler market with the acquisition of Kinetic Motors.A new company called Mahindra Kinetic is formed in which will have control of 80% stake in the new company and 20% would be held by Kinetic Motors. Mahindra & Mahindra have acquires the majority stake for …
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Mahindra and Mahindra would formally announce about its new joint venture with Kinetic motors. The JV called ‘Mahindra – Kinetic’ will manufacture two wheelers. Mahindra would hold an 80 percent stake in the new firm, with Kinetic holding the rest. More details are awaited
Mahindra and Renault may extend their retailing partnership to sell Renault’s future cars as well. Through the existing Mahindra-Renault a 51:49 joint venture between both the companies are producing and retailing logan presently. Though Mahindra had pulled out of the proposed Rs 4,000 crore tripartite venture with Renault and Nissan to manufacture vehicles at a …
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Skoda Auto today raised the prices of its models in the range of Rs10000 to Rs25000. Skoda cites increasing raw materials cost for the raise in prices. “The price hike has been necessitated by a variety of cost push factors like surge in freight costs and in prices raw materials. The company has made efforts …
Bajaj Auto today introduced a new variant of its flagship product Discover 135cc. The new variant called as sporty discover gets Nitrox Suspension and Wider tyre at the rear. The sporty discover sports racing wheel stripes. Along with the introduction of sporty discover 135cc, Bajaj has upgraded all the variants of discover with number of …
The much expected Hyundai’s next i-series hatchback i20 will be out by December 2008. i20 will make its debut at the upcoming Paris motor show. i20 will be a premium hatchback. Hyundai says that the i20 will be positioned above the Getz which means the i20 will be pitted against Skoda Fabia and upcoming Fiat …
Reliance has launched its Automotive speciality store in Gurgaon. Reliance Autozone would be retailing electric scooters by offering multi-brand choice under one roof. The product offerings at Reliance Autozone include a comprehensive range of car and bike accessories, electric scooters, tyres, batteries and many more useful accessories. Mr Arun Dey, Chief Executive of Reliance Autozone, …
(Updated 19th November) To view the actual pictures, know the technical specifications, see the brochure and read the test drive of A-star visit http://www.vicky.in/blog/tag/a-star/ (updated 08th August )To read our latest report on Maruti Suzuki’s A-star and see real pictures visit Maruti Suzuki’s new Alto – A-star The spurt in raise of i10 customers is …
If R15 is the second birth for the brand Yamaha in India, then the upcoming FZ 150cc is aimed to make Yamaha a stronger player in the market. After making its presence felt with the R15, Yamaha is looking at FZ 150cc to pull crowds to its showrooms. This means unlike the R15 the price …
Maruti Suzuki will soon launch limited edition of its oldest car M800. The special / limited edition will be called as M800 uniq. The M800 uniq 800 Uniq will come with new styling features such as body graphics, all new beige upholstery, trendy door trims with fabric patch and stylish dome decal to attract young …
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