Posted on 13 January 2008
Written by Dharma
TOKYO, Jan 12 (KUNA) — Japan’s Suzuki Motor Corp. will design and produce vehicles for Middle East, Africa and other emerging markets at its Indian subsidiary, setting up a full-scale Research and Development (RD) facility and boosting the number of engineers there by 150 percent to 1,000, a leading business daily here reported Saturday.With the […]
Posted on 13 January 2008
Written by Dharma
Bajaj Auto Ltd, the country’s second-biggest motorcycle maker, on Friday entered into a pact with its long-time Japanese technical partner Kawasaki to distribute the latter’s bikes in India, and said the two firms will explore possibilities of developing products jointly.
Under the agreement, BAL will bring Kawasaki bikes and distribute through its exclusive ‘Probiking Stalls’. The […]
Posted on 13 January 2008
Written by Dharma
NEW DELHI: India’s eroding cost advantage and lack of government support may pose a threat to the country’s dream of becoming a global hub for automotive industry, research firm KPMG reveals.
In its latest report on Indian auto-manufacturing sector, KPMG said despite Indian economy beating all growth projections, manufacturing companies are themselves sceptical about coping up […]
Posted on 13 January 2008
Written by Dharma
The world waited for the Nano. But the head honchos of GMI were not perturbed . They were in a class of their own.
General Motors India (GMI), the Indian arm of the US automobile major, has entered the premium SUV segment, by launching Chevloret Captiva, its new sports utility vehicle this week.
“Captiva has […]
Posted on 13 January 2008
Written by Dharma
CHENNAI: In what is seen as a New Year gift to Tamil Nadu, Ford Motor Company has reaffirmed its commitment to India by deciding to invest an additional $500 million (around Rs. 2,000 crore) into its facility at Maraimalai Nagar, near here.
The fresh investment will be primarily used to set up a small car facility, […]