India Automotive News

MarketAark : announces report of Mitsubishi Motors Corporation: Automotive Company Profile, SWOT & Financial Report and also avaliable SAMPLE PAGE of the Report

The premium Infinity® brand, from Harman International carries a strong background in high fidelity sound reproduction built on solid engineering.

Toyota Kirloskar Motor, on May 5, 2012 exhibited the concept cars of its Etios Motor Racing series, along with exciting motorsport activities at Nandi Toyota and Ravindu Toyota in Bangalore.

First round of driver auditions in four cities have been conducted

SAP India has forged alliance with the Automotive Component Manufacturers Association of India (ACMA), for providing customised ERP and business analytics applications to its members.

In pursuance of National Policy on Petrochemicals, the Department of Chemicals and Petrochemicals, Government of India has taken up implementation of three schemes.

Thomas Chacko, a Kochi-based 62 year old motor enthusiast today set on a 25,000 80-day driving expedition in a Tata Nano.

• Exciting motorsport activities at Toyota Dealerships in Bangalore - Nandi Toyota, Ravindu Toyota and Viva Toyota • Etios Motor Racing concept cars on display • 2012 to see a whole lot of motorsport activities by TKM to popularize EMR

Hero MotoCorp, largest two-whller manufacturer in the world had a gamut of problems such as the rising input costs and fluctuating currency, forcing it to raise prices of its vehicles and eventually not being able to live up to the forecast.

The initial public offer (IPO) of auto components manufacturer Samvardhana Motherson Finance Ltd (SMFL) got subscribed three percent on the first day yesterday.

Indian auto market witnessed a subdued sales in April 2012, as the domestic market clocked 20 percent increase in March, then the sales dropping to nine percent.

Sona Koyo Steering Systems yesterday reported that its profit after tax increased by 33.89 percent to Rs 15.8 crore for the quarter ended March 31, 2012 in contrast with the PAT of Rs 11.8 crore in 2011.

Toyota Kirloskar Motor (TKM) registered a growth of 49% in the month of April 2012. The company sold 14,378 units as compared to 9,681 units in April last year

Technik Ausbildungs Programme, (Technical Education Programme in German) facility was inaugurated at the new Padappai campus of Hindustan Institute of Engineering and Technology near Chennai this morning.

Mahindra Muscular Scorpio crosses one million fans on Facebook, making it one of the largest online communities in the social media website in India.

carkhana, com/index.php/, India’s leading E-commerce portal for Automotive Industry announced its partnership with Scan Solutions India, Exclusive and Sole importer of SLIME Tire Care products and solutions in India

Sanghvi Forging and Engineering is contemplating on commencing trial production from its new facility at Vadodara, Gujarat, in June 2012.

The toolbox, consisting of Simulink motor control blocks and target-ready code generation support, lets automotive and industrial controls engineers design motor control systems using Freescale microprocessors.

Impacted by the currency flucation and burgeoning input costs, Maruti Suzuki India Limited is contemplating on being stringent in its buying costs by three percent year on year with the intention of improving profit margins.

Despite global credit rating agency S&P's lowering India's outlook to 'negative', the country remains bullish and its long-term economic growth potential is 8-9 percent, Deputy Chairman of Planning Commission Montek Singh Ahluwalia opined.

Besides the losses incurred by Maruti Suzuki India Limited due to labour strife, the company has blamed at its inability to push diesel vehicles.

s the Tamil Nadu government is all set to announce its Industrial Policy, the State is nevertheless targeting a 14 percent in manufacturing, J Jayalalithaa said in Chennai yesterday.

The Uttarakhand Government announced yesterday that India's largest sports utility vehicles manufacturer, Mahindra & Mahindra was planning to establish a Rs 3,000 crore manufacturing facility in the State.

Automotive Stampings and Assemblies has registered a net profit of Rs 23.50 million for the quarter ended March 31, 2012 in contrast with Rs 40.60 million in the year ago period, a dip of 42.12 percent.

One of India's leading auto parts maker, Adhunik Metaliks Limited has sold its forging arm, Neepaz V Forge to Nagpur Automotive Industries Private Limited for a consideration of Rs 230 crore.

The Coimbatore-based auto components major receives $1.5 million incentive as part of the Michigan Business Development Programme to set up a plant in Detroit.

Spread over a total area of 6,102 square feet, Audi Coimbatore houses an Audi Shop and the Audi Exclusive element.

SGS will provide a training program according to ISO 26262 for functional safety in New Delhi, India. The course is spread over five days and takes place June 4-8, 2012.

India's largest sports utility vehicles manufacturer Mahindra & Mahindra has plans to market SsanYong products in South Africa through its affiliate, Mahindra South Africa.

Federal-Mogul Corporation is Recognised for Innovative two-dimensional ultrasonic testing process for raised gallery pistons, hybrid liner technology, a finalist.

Our Clients P Bhatambrekar, A Khandelwal, & S Lambeare the proprietors & applicants for the patent application in respect of ‘Systems & Methods for Automated Tyre Puncture Repair’, in India under patent appln no. 708/MUM/2012, dated 16/03/2012.

The month-long campaign will be conducted across Toyota dealerships from 16th April to 15th May, 2012. Toyota has set a benchmark in the automobile industry for its quality products and more so for Q Class Service Experience.

One of India's top auto component supplier to Indian automotive industry, Samvardhana Motherson Finance is planning to raise Rs 1,665 crore through an initial public offer, which will open for subscription on May 2 and close on May 4.

PSA Peugeot Citroen announced this morning that it might as well build cars in India with General Motors, its new global alliance partner, effectively laying speculation into rest that it would invest 650 million euro in setting up its own facility.

The Bolero is yet again the highest selling SUV in India for the 6th consecutive year with sales of 1,00,686 units during FY 2011-12 as against 83,112 units during FY 2010-11, registering a growth of 21%. For the month of March 2012,

CarSingh launches one stop solution for all your car service needs. This means that now customer’s need not worry about exorbitant costs from the garage mechanics, un necessary spare parts expenses...

In an apparent effort to keep a level playing field, Indian auto major are trying hard to push the sales of petrol driven vehicles by offering freebies such as gold coins and LED television sets to tempt the wannabe customers.

As part of its strategy to enhance its efforts to beef up its R&D infrastructure, Maruti Suzuki India yesterday laid the foundation stone for its R&D Centre and proving ground at Rohtak district in the north Indian state of Haryana.

State Bank of India today slashed its interest rate on auto loans, but not yet lowered its minimum lending rate on which the bank pegs interest rates to its borrowers.

Experience always counts and the second hand car market surely does pay well in this regard. Buying a second hand car has a lot of advantages.

The employees of Maruti Suzuki India's Manesar unit, after getting emboldened by the recognition of their union have demanded a five fold increase in their basic pay, ahead of the scheduled wage revision meeting with the management.

Multiple engineering events started yesterday in Detroit and centre on high efficiency engines, electric motors and culminate with the Society of Automotive Engineers 2012 World Congress and Exhibition at Cobo Centre in detroit.

Toyota Kirloskar Motor (TKM) yesterday unveiled the concept cars of its Etios Motor Racing (EMR) Series along with exciting motorsport activities at Nippon Toyota in Kochi.

Netscribes (India) Pvt. Ltd. launches Electric Vehicle Market in China 2012 report covering a market with strong growth potential. The report is part of Netscribes’ Automobile Industry Series reports.

With the launch of a new service centre in Madurai, the number of MyTVS outlets have risen to two and ninth in Tamil Nadu.

Eicher, one of the major commercial vehicles manufacturers in India has launched a new brand, Eicher 11.4 Gross Vehicle Weight truck, which is highly fuel efficient, with a capacity of 14.5 tonnes.

TVS Logistics Services yesterday announced that it had reached an agreement with an affiliate of Kohlberg Kravis Roberts and Co LP (together with its affiliates, 'KKR') and Goldman Sachs for an investment of Rs 2,688 million ($ 53 million).

More than 10,000 software developers currently work for Continental at locations around the globe and by 2015, this number will be at least 11,500.

CASKA, a global brand name in car multimedia systems, announced the launch of the new CASKA E-car SERIES for the Indian automobile sector today in association with its India partner Auto Trendz.

Swedish premium car maker Volvo Auto India today opened its new showroom called Artemis cars at Express Avenue Mall in Chennai.