China-based Hongfa, a leading manufacturer and supplier of world class relays, will invest Rs 10-15 million in India on automotive electronics research and development (R&D) functions as electronic innovation requires value engineering. The company is doing a lot of research on machines and tools, mainly for their automation and on downsizing of relays.R A Gotur, Director-Indian Operations, Hongfa Group-India, told[Read More…]
The two-wheeler industry faced a challenging November with demonetisation impacting demand in the lean month after the festive high ending October’16. However, bucking the overall -5% de-growth in the industry. Honda 2Wheelers successfully closed the month with steady sales of 325,448 units. Elaborating more on the macro picture in the month of November 2016, Mr. Y.S. Guleria, Senior Vice President[Read More…]
India Yamaha Motor (IYM) marked its robust presence in the overall two-wheeler market and announced a 20% growth in domestic sales (including Nepal) in November 2016. The company sold 51106 units in November 2016 as against 42719 units sold in November last year, thereby registering a domestic (including Nepal) sales growth of 20%. It is noteworthy here that the 20%[Read More…]
Renault India, one of the fastest growing automotive brands in India, registered sales growth of 23% in the month of November. The company sold total 9,604 units in November 2016 as against 7,819 units in the corresponding month last year. The cumulative sales figure for the period Jan-Nov stands at 1,20,991 units as against 43,555 units in the corresponding period[Read More…]
RSB Transmissions (I) Ltd received laurel, Excellence in Quality, in a glittering function attended by industry luminaries at Hotel Hyatt Regency, Pune, organized by Aditya Birla Group, Manufacturing Today, Mumbai. The award was received by Mr S Nagasubramanian, Corporate Communication, on behalf of RSB Transmissions (I) Ltd. Awards are given every year by Aditya Birla Group, Manufacturing Today, to appreciate[Read More…]
Mercedes Benz introduces for the first time petrol version of SUV in India Today, the country’s largest luxury car maker Mercedes-Benz launched for the first time, a petrol variant of its highest selling SUV, the GLE. The GLE has been an outright bestseller SUV for Mercedes-Benz in India and has created new benchmarks in the segment. GLE 400 4MATIC has[Read More…]
Daimler India Commercial Vehicles (DICV), a wholly-owned subsidiary of Daimler AG, has signed a Memorandum of Understanding with PSG Polytechnic College, Coimbatore. Together, the 2 partners will offer a Vocational Diploma Program in the automobile sector. 20 Blue Collar Associates of DICV will participate in the inaugural course, which is certified by the Directorate of Technical Education (DoTE). Speaking on[Read More…]
Renault India, one of the fastest growing automotive brands in India, created history with its global car for conquest, Renault KWID. This Attractive, Innovative and Affordable car, is a true game-changer and volume driver for Renault India, amassing over 1,65,000 customer orders since its launch less than a year ago. Staying true to its commitment to keep building on the[Read More…]
Comstar the leading manufacturer and supplier of automotive starter motors has launched world’s lightest starter motor. Growing focus on environment with tighter emission norms lightens the path in auto industry. This becomes the platform for technological innovation in starter motors and the 2kg glass ceiling that is existing in the market is broken. Comstar has also received Ford world Excellence[Read More…]
BMW India Financial Services has partnered with ICICI Lombard General Insurance to offer premium motor insurance solutions for BMW customers. Dr. Stefan David Schlipf, MD and CEO, BMW India Financial Services said, “At BMW India Financial Services, we offer end-to-end automotive financial solutions which are significantly valuable to the premium clientele who require exclusive and flexible options. Motor insurance is[Read More…]
