Two big companies in the auto industry had formed a partnership in order to enter a new segment. The Eicher motor and Polaries Industries have signed a venture agreement where they will manufacture and sell a new range of personal vehicles. In their agreement, both have equal stake on the joint venture where they will […]
A “recall code” is about to be set up by leading companies when it comes to auto manufacturing like Hyundai, Tata Motors, Toyota and Mahindra. This code will take effect as early as next week. This will surely be a norm that will be implemented in most developed markets like the auto industry. Though we […]
Korea’s Hyundai Rotem Company had given Tecpro Systems Ltd a project that is worth $32.7 million (Approx. Rs. 160 Crores). The project involves supplying of coal, limestone and ash handling systems for a thermal power plant called Mong Doung. The tecpro systems will handle design, engineering, manufacturing, testing and delivery of a coal, limestone and […]
Hyundai’s new vehicle details are out; the model is expected to be out in 2013. Santa Fe, it is called is coming out with a long wheel base and can easily accommodate six to seven occupants. It will have three rows of seats and will be on road in January 2013. It also marks the […]
In January 2008, when Tata Nano was unveiled by Tata Motors in New Delhi Auto Expo, many carmakers were eyeing to change their view points and was trying to develop some small cars like Nano. This 1 lakh-car gave birth to many complicated questions in the car world. Renault Nissan Carlos Ghosn, the CEO of […]
The very known Hyundai Motors have launched their second generation of i20 premium hatchbacks in Indian roads price starting from Rs. 4.73 lakhs (petrol variant) and Rs. 5.96 lakhs (diesel variant). An automatic petrol version is to launch in the market with the price tag of Rs. 7.67 lakhs. New Hyundai i20 iGen The iGen […]
Lack of diesel pricing policy has resulted in automobile companies, including the big companies like Maruti, Tata, GM etc are holding up their investments more than Rs. 300 crore in India, according to SIAM. “Many of the investors are confused. They are in a conflict whether to invest on diesel cars or not because of […]
