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 …

Hot News on Thunderbird Twinspark and Tata crossover

* Royal Enfield to launch Thunderbird Twinspark in May * Hero Honda to launch 12 products in the next 18 months * TVS will start selling small volumes of apache RTR Fuel Injection soon. * Following the bike makers, car majors are planning a price hike for all products on account of rising input cost. …

Bikes gets dearer

It’s going to be double whammy for bike lovers. The interest rate has already hit the all time high, due to the RBI CRR hike, banks are expected to hike the interest rate further. On the other hand, Inflation has started biting the two wheeler industry, steel price has been heading northwards. Unable to absorb …