OEM

TVS Motor revenue grows 11% to Rs 7962 crore in FY 2013-14

TVS Motor revenue grows 11% to Rs 7962 crore in FY 2013-14

New launches and upgrades introduced by TVS Motor Company across the scooter and motorcycle segments helped the company to register increase in sales, aiding significant bottom line growth. The company today announced results for the financial year 2013-14. During the year, the company strengthened its presence in the scooter segment introducing TVS Jupiter, styled to enthuse the male customer. TVS[Read More…]

by April 29, 2014 Finance, News, OEM, Web Exclusive
Ford India Launches 2014 Ford Endeavour

Ford India Launches 2014 Ford Endeavour

 Ford India today introduced the 2014 Ford Endeavour, the latest edition of its true-blue, all-terrain SUV, featuring dynamic new styling and adrenaline pumping features. The new vehicle was launched today in Chandigarh by Nigel Harris, President Ford India. The new SUV, built to empower customers with unmatched road presence and proven off-roading capabilities, will sport a fresh new look, with[Read More…]

by April 29, 2014 News, OEM, Web Exclusive
TAFE Chairman & CEO – Mallika Srinivasan conferred Padma Shri award

TAFE Chairman & CEO – Mallika Srinivasan conferred Padma Shri award

Ms Mallika Srinivasan, Chairman & CEO of TAFE Group was conferred the Padma Shri by the Government of India for her contribution to Trade & Industry. She received the award from Hon’ble President Pranab Mukherjee at a glittering function held at the Rashtrapati Bhavan on 26 April 2014. Srinivasan is a gold-medalist in Econometrics from the University of Madras, Mallika[Read More…]

by April 28, 2014 News, OEM, Short Takes, Web Exclusive
High Level Thuringian delegation visits Volkswagen’s Pune plant

High Level Thuringian delegation visits Volkswagen’s Pune plant

In a move to improve ties between Thuringian companies and their Indian counterparts, Thuringian Minister for Economy, Labour and Technology, Uwe Höhn, alongwith a 25-member strong official Thuringian delegation, visited Volkswagen’s manufacturing plant in Chakan, Pune. The delegation is visiting New Delhi, Pune and Bengaluru from 22nd to 27thApril. The delegation, which includes members of the Thuringian Government and several[Read More…]

by April 25, 2014 Corporate, News, OEM, Web Exclusive
Setra ComfortClass 500 completes round-the-world coach tour

Setra ComfortClass 500 completes round-the-world coach tour

In the spring of 2013, Freiburg-based coach operator Avanti Reisen set off in an S 515 HD on what is to date the world’s longest journey by bus. The tour was brought to a successful conclusion at the end of the year in Ushuaia in Argentina, the world’s southernmost city. Following the return of the Setra ComfortClass 500 touring coach to Germany, Avanti[Read More…]

by April 25, 2014 Globescan, News, OEM, Web Exclusive
‘HERO’ enters Bangladesh with 11 two-wheeler models

‘HERO’ enters Bangladesh with 11 two-wheeler models

World’s largest two-wheeler manufacturer by volume, Hero MotoCorp Ltd (HMCL) today launched its operations in Bangladesh through a Joint Venture (JV) with the Nitol Niloy Group. The JV was announced here today by Pawan Munjal, Managing Director & Chief Executive Officer, Hero MotoCorp Ltd, and Mr. Abdul Matlub Ahmad, Chairman, Nitol Niloy Group of Companies. Hero will hold majority stake[Read More…]

by April 22, 2014 Corporate, Events, News, OEM, Short Takes, Web Exclusive
International Tractors signs private label agreement with L&T Finance

International Tractors signs private label agreement with L&T Finance

International Tractors Ltd, part of the Rs 5,000 crore Sonalika Group recently announced its partnership with L&T Finance (LTF) for tractor financing. The partnership aims at providing easy credit and financing benefits to Sonalika’s customers across the country. Marked with competitive interest rates, customised repayment options and additional benefits for farmers, the association will be a boon for prospective Sonalika[Read More…]

by April 22, 2014 Finance, OEM, Web Exclusive

VRV Sriprasad quits DICV

Daimler India Commercial Vehicles the wholly-owned subsidiary of Daimler AG, today announced the departure of VRV Sriprasad as Vice President- Marketing, Sales and After-sales, from the company eith effect 1 May 2014. R Ramesh who was hitherto AVP – Aftersales will take-over as Head –Aftersales & Exports and V Sreeram, who was hitherto AVP – Sales will take-over as Head[Read More…]

by April 21, 2014 News, OEM, Short Takes, Web Exclusive

Mercedes-Benz do Brasil announces new Head of Procurement

Mercedes-Benz do Brasil empowers its leadership team with a new head of procurement. With Erodes Berbetz (43), the company engaged an experienced purchasing expert with proven market knowledge in Brazil. Berbetz will follow Ricardo Vieira Santos (57), who is retiring. “With Erodes Berbetz we won an expert, who knows the commercial vehicle market in Brazil and its suppliers by heart.[Read More…]

by April 10, 2014 News, OEM, Web Exclusive
DICV sells 10,000 BharatBenz trucks in 18 months

DICV sells 10,000 BharatBenz trucks in 18 months

After laying the foundation stone for a bus plant a month ago, Daimler India Commercial Vehicles (DICV) today announced that it has crossed the threshold of 10,000 sold BharatBenz trucks since market launch in September 2012. In addition to achieving the feat within 18 months of launch, the company also witnessed another milestone with sales crossing 1,000 units in a[Read More…]

by April 10, 2014 News, OEM, Web Exclusive