The new BMW 320i was launched in India in 2 exclusive design schemes: Prestige and Luxury Line. With the launch of the BMW 320i, the BMW 3 Series sedan is now available across the country in both petrol and diesel variants. The new BMW 320i is available at all BMW dealerships as a CBU (Completely built-up). With its outstanding sporting characteristics[Read More…]
With the new VM 9 modular turning machine, EMAG has introduced a platform that covers a broad spectrum of applications thanks to the combined turning, milling and drilling technologies and intelligent machine design. The highly accessible machining area and workpiece spindle fitted at the bottom ensure short tooling times and maximum flexibility in the production of workpieces in small series.[Read More…]
Honda Motorcycle & Scooter India (HMSI) launched an upgraded edition of the scooter with a new ‘Matt Axis Grey’ colour and a premium 3D emblem. The latest style upgrade comes at no additional cost as Dio continues to be priced at Rs 48,264 (Ex-showroom, Delhi). The 2016 Honda Dio is powered by the same 110cc motor which develops 8bhp of[Read More…]
TVS Motor Company posted a sales growth of 16% during the month of April 2016, with total sales increasing from 195,937 units recorded in the month of April 2015 to 227,096 units in the month of April 2016. Exports The company’s total exports registered sales of 28,354 units in the month of April 2016 as against 32,426 units in April 2015. Two[Read More…]
General Motors India today inaugurated a new dealership in Solapur, Aarya Chevrolet, increasing its reach to 22 sales outlets and 26 service facilities in the state. In all, GM India now has 202 Sales Points and 227 Service outlets across the country. Aarya Chevrolet is a 3S facility integrating sales, service and spares to cater to the needs of the customers in the region. Commenting[Read More…]
Cheerful Forecast It has not been the easiest of times for the automotive industry with 2 successive years of drought wiping off a big chunk of gains made by the industry in the previous 3 years. The outlook is a lot more positive this fiscal with the India Meteorological Department (IMD) forecasting an above normal monsoon. This has brought cheers[Read More…]
Starting from 2018, Antilock Braking Systems (ABS) will be introduced as a standard equipment in India. In the middle of March 2016, the Indian government released an official announcement on the legislation, with the objective of further reducing traffic accident figures. Speaking about this development, Sandeep N, head of Bosch new business unit ‘Two-Wheelers & Powersports’ in India, said, “Technologies,[Read More…]
Mahindra Intertrade has signed a Memorandum of Understanding (MoU) with MSTC Ltd. (a Government of India enterprise formerly known as Metal Scrap Trading Corporation Limited). The MoU will see the companies undertake a joint initiative to set up India’s first auto shredding facility. Auto-shredding in India is largely an unorganised activity with vehicles long past their usable life still in[Read More…]
Major challenges for society were the main issues at this year’s Annual Shareholders’ Meeting of the international technology company Continental. “The concept of mobility is currently being redefined. It is expected to be even safer, even cleaner, and – above all – fully connected. And all at a price that everyone can afford. All of this requires more efficient, more[Read More…]
Shanthi Gears Ltd (SGL), a subsidiary of Tube Investments of India Ltd, (TII) of the Murugappa Group recorded a turnover for the year was higher by 7% in comparison to the previous year and at Rs 162.42 crore. The net profit for the year was 96% higher at Rs 18.24 crore against Rs 9.32 crore in the previous year. The[Read More…]
