Nissan Motor India Pvt Ltd, the Indian subsidiary of the Japanese vehicle manufacturer, Nissan Motors claims 5,168 units’ sales for January. At the same time, the sales for the same time period of the previous year was estimated as 1,857units, down by three times from the current sales amount. In the meantime, the sales unit for the model Nissan Micra was reported as 1,855 cars, even as that of Sunny is stated as 3,218 units. Kiminobu Tokuyama, the Managing Director of NMIPL also …
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Honda Motorcycles and Scooters India, the Japanese two- wheeler company brings out the latest scooter range, the Activa and Dio, in India. Earlier version of the Dio model came into being in 2002, also sporting a petrol engine of 102cc. In the meantime, the new variant of the Dio model features a big 110cc engine delivering 8BHP. The fuel efficiency of the model with 55kmpl is better than that of the earlier variant. Offered from the conclusion of the coming February month, the model is …
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Jules Binachi, aged twenty two is the reserve driver for Sahara Force India, for this season. He plans to take part in at the least nine of the practice sessions, organised every Fridays over the weekends of Grand Prix. Reports claim that the first vehicle that he may get to use for the pre-season testing over the coming month is the VJM05 of Sahara Force India. In the meantime, Binachi goes on to declare his excitement at his appointment. He also adds that the best method to learn is to …
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The company, Swaraj Engines claim a growth of 24.27% to 14.08 crore rupees in the total profit for the Q3, that came to an end in 31 December, owing to the surging sales. It was reported that the net profit for the same quarter of the last financial year was 11.33 crore rupees. At the same time, the complete operational returns for the Q3 has also gone up from the 92.60 crore by 26.98% reaching 117.58crore rupees for the previous year, reports the company. In the meantime, the delivery …
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The vehicle manufacturer, Nissan India has boosted the cost of its most popular models, the Nissan and Micra from the past five days. The % of increase is dependent upon each variant. The cost is anticipated to increase by 2.09%, as per the models. In the meantime, the diesel models of Nissan Micra sees a hike of nearly 3000 rupees, as the total hike, to the diesel variant will be an extra 20,000 rupees. At the same time, the petrol versions of its Sunny sees a surge of 5000 rupees extra, …
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Even as the decline in rupee value seems to have a negative impact for the auto manufacturers till date, their fortune looks like having taken an about turn. In the present scenario, more and more export orders are headed the way of automotive manufacturers such as Maruti Suzuki, Nissan and Hyundai. Despite the fall in demand for their vehicles, in India, the orders from abroad seems to be seeping in, thus making the order books full till the coming April, at the least. Thus, another car …
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The launch of the latest cars over last year as well as the new line-up ready for this year increases the competition for the car manufacturers, even as new international entrants try to create a niche in the Indian car market. In face of such stiff competition, some car manufacturers such as the Tata Motors as well as the Indian operations of Maruti Suzuki and Hyundai Motors opt for marketing through social networking site such as Facebook and Twitter. These sites, as it is loaded with …
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In the face of the decline of the rupee value, automotive manufacturers are going through a troublesome phase, as more and more manufacturers tend to experience losses. Consequently, the auto major, Hero Motor Corp also has to pay as royalty to its partner, Honda for this financial year, 24% up from the predicted amount, reports claim. In the meantime, the rupee value of the yen denominated payments, are expected to see a lull for the next economic year, even as the rupee value is expected …
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In an attempt to vie with the new entrants trying to create a niche for themselves in the two- wheeler industry of India, the bigger companies have plans to boost up their production as well as the sales. Hero Motor Corporation Limited, one of the biggest two – wheeler manufacturer of the country announces in a report that it will ramp up the production capacity of its three facilities from the existing 6.2 million units, to reach up to seven million units within these two months. Based …
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Mahindra has plans to continue with the second phase of booking for its model, the XUV500 from 25th of January 2012, for a period of about 10 days. The first phase of bookings had closed on the 11th of October, with the bookings reaching for more than 8000 units, in the 10 days. In this second phase, the users from over nineteen cities within the country such as Delhi, Chandigarh / Panchkula, Jalandhar, Ludhiana, Patiala, Ahmedabad, Mumbai, Pune, Nasik, Nagpur, Kolkata, Bangalore, …
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