Mahindra & Mahindra, India’s largest utility vehicle maker are proud to say that they are doing great in their sales where they had about 10-12 per sales growth during the last fiscal. For the on-going fiscal, they are planning to launch six new models that will definitely attract most car lovers in the country. This […]
As promised, the German luxury car maker Mercedes-Benz had introduced an exciting and a new model in the car industry. This is through the launching its third generation sports utility vehicle which they named M-class. This new car is priced at Rs 56.9 lakh. The company is quite optimistic that this new car would be […]
The Daimler India Commercial Vehicles will be eyeing on a capacity expansion on 36,000 units in its Chennai plant in the year 2014. Companies such as Daimler are really good when it comes to doing some expansion projects for their company and has been successful with it in a couple of years. This plan has […]
An agreement with two big companies, Premier Ltd and Fiat which will compromise the latter to supply 28,000 engines for the next three years for its plant in Ranjangaon. The engine is yet to be in its final stage, but Premier is expecting the deliveries to start by August-September. Today, the engines being supplied by […]
The auto company Bajaj stated that their quarterly sales this year was low compared to the same quarter report last year. For the number, last year, they had a quarter profit of Rs. 1,400 crore compared to Rs. 772 crore for the last quarter profit this year. This is not that surprising since a lot […]
It’s good news for the car industry since the Maharashtra government had decided to cut the vehicle tax both on company owned vehicles and imported vehicles. The tax will now be 20% of the cost of the vehicle. This would mean that the price of cars will now be cheaper compared to what it was […]
People might have also observed the slowdown in the economy which would obviously affect every market in India. This might be a fact, but the Mercedes-Benz India did not let the slowing down of the economy affect their growth by ending 2011 business year with about 30 percent of sale increase. This just shows how […]
Honda, which is a leading motorcycle company in India and other countries, had launched its second motorcycle named as “Dream Yuga” priced at Rs 44,642. This is just right for a motorcycle with a brand and quality. The Dream Yuga bike is powered by a 110 cc engine. You will definitely love this new motorcycle […]
