Volvo Group in India announced that Volvo Group Trucks Technology (GTT), the global research, development and engineering arm of Volvo, and Indian Institute of Science (IISc) have entered into a memorandum of understanding (MoU). With this MoU, Volvo group and IISc will undertake research and development in future automotive technologies. The MoU was signed by Jan-Ove Östensen, VP Advanced Technology[Read More…]
Hyundai Motor India, country’s largest auto exporter and second largest manufacturer today announced that it will hold a winter car care camp at its dealer workshops across India. The Winter Car care camp will be organized for 5 days, starting Dec 15-20. Customers of Hyundai Motor India can avail attractive offers like 23 point check-up, discounts on labour and parts,[Read More…]
HORIBA MIRA –a world-leader in advanced engineering, research and product development–has further bolstered its worldwide automotive engineering and testing capabilities with the opening of a facility within the new HORIBA India Private Limited, Technical Centre in Pune, Western India. The new site increases HORIBA MIRA’s presence in India and will provide an in-territory base from which to deliver comprehensive vehicle[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…]
Cleansing Effort The demonetisation of the Rs 500 and Rs 1000 notes by the Government of India, aiming mainly at black money and counterfeit notes, is expected to cleanse the formal economic system. In an awfully heterogeneous society as in India the move has several unintended, unforeseen and unplanned consequences. There will be a definite slow down in the economy,[Read More…]
Volkswagen, Europe’s leading car manufacturer, announces the introduction of ABS as a primary safety feature along with Dual Airbags, as standard fitment for all variants of the Polo and Vento. Cars with the new standard fitments are available across all Volkswagen dealerships in India. With the introduction of ABS and Dual Airbag as standard fitments, Volkswagen once again adheres to[Read More…]
Ashok Leyland Ltd (Ashok Leyland), flagship of the Hinduja Group, announced today it has completed the acquisition of Nissan Motor Co. Ltd.’s stake in each of the 3 joint ventures (JVs) formed between the 2 companies, namely, Ashok Leyland Nissan-Vehicles Limited, Nissan-Ashok Leyland Powertrain Limited and Nissan-Ashok Leyland Technologies Limited. In September 2016, Ashok Leyland and Nissan announced that they had reached[Read More…]
TVS Motor Company, today announced the launch of IRIDE, an intelligent, intuitive automobile post sales and service smartphone application to enhance the riding experience for customers. IRIDE monitors the ride parameters of the vehicle during transit which helps customers plan and improve the riding experience, while keeping them safe. Commenting on the launch of the all new customer service platform,[Read More…]
