Auto Sector

Honda launches new CB Unicorn 163cc in New Delhi

Honda launches new CB Unicorn 163cc in New Delhi New Delhi, Dec 18 : Honda has launched the new CB Unicorn 163cc in the Indian market for a starting price of Rs. 69,350 (ex-showroom, Delhi).

Keita Muramatsu, President and CEO, Honda Motorcycle and Scooter India Pvt. Ltd., said that the New CB Unicorn 160 is Honda's fourth launch of 2014 after Activa 125, CD110 and Gold Wing and with this launch, Honda is further strengthening its portfolio in 150cc-180cc motorcycle segment, designed to woo the youth.

BMW developing cars that can be parked using smartwatches

bmw Remote Valet ParkingWashington, Dec 17 : Luxury automobile maker BMW is reportedly working on a technology that will allow drivers to park their cars using a smartwatch.

According to The Verge, BMW will be showing off its recent advances in autonomous vehicle research, including the smartwatch-operable Remote Valet Parking Assistant at CES 2015.

The i3 research vehicle with four "advanced laser scanners," can spot and avoid any sudden obstructions within an environment.

On detecting an obstruction, the i3's on-board assistance system automatically triggers brakes. (ANI)

Audi launches A3 Cabriolet in India

A3 CabrioletNew Delhi, Dec 11 : German Luxury car manufacturer Audi India on Thursday launched its compact luxury convertible, the A3 Cabriolet, priced at Rs. 44.75 lakh (ex-showroom, Delhi).

The A3 Cabriolet is a 4-seater two door car with a soft top fabric hood which opens and closes in less than 18 seconds, up to a speed of 50km/h.

"The launch of the Audi A3 Cabriolet, the first compact luxury convertible in India, is yet another example of our Customer-Centric approach. Skillfully blended with a unique body style and distinct design cues, the Audi A3 Cabriolet makes a perfect lifestyle statement," Joe King, Head, Audi India said at the launch.

Mercedes-Benz opens second R&D facility

Bengaluru - Mercedes-Benz Research and Development India (MBRDI) on Tuesday inaugurated its second dedicated facility at Whitefield here.

Spread across an area of 266,000 sq ft with a capacity of over 2,400 people, it is located close to the head office of MBRDI, the company said in a statement.

"MBRDI plays an important role within our global research and development organisation and this new facility is another milestone in the growth story of Mercedes-Benz R&D in India," said Thomas Merker, Vice-President (Body, Safety, Telematics) Mercedes-Benz Cars Development and acting Chairman, MBRDI.

General Motors to hike prices by up to Rs 20,000 from Jan 2015

New Delhi - General Motors India on Monday said it will hike prices of its entire product portfolio by up to Rs 20,000 from next month, in order to partially offset rising input costs.

All the eight models of the company's current product portfolio in the country, including entry level compact car Spark, will become costlier due to price hike.

"We have decided to increase the price of all car models to the tune of 1 per cent with effect from January 1 due to input cost pressure. The quantum ranges between Rs 5,000 to 20,000 depending upon the models and variants," General Motors India, Vice President P Balendran told PTI.

Maruti Alto 800 tops quality among entry level cars: Study

New Delhi - Maruti's entry level model Alto 800 ranks highest in the entry compact segment for initial quality, while rival Hyundai's i10 gets the top slot in the compact segment, said a study on Thursday.

According to JD Power 2014 India Initial Quality Study rankings, Maruti Suzuki Alto 800 ranks highest in the entry compact segment with 97 problems per 100 vehicles (PP100), while the company's Swift ranks highest in the premium compact segment with 78 PP100.

In the compact segment, Hyundai i10 ranks highest with 84 PP100, and the Hyundai Xcent ranks highest in entry midsize segment with 86 PP100.

Honda admits under-reporting serious US accidents since 2003

Detroit/New York - Honda Motor Co failed to notify U.S. safety regulators of 1,729 claims of injuries and deaths related to accidents in its vehicles since 2003, the automaker acknowledged on Monday.

Honda said in a statement that its count of underreported claims came from a third-party audit.

Honda cited "various errors related to data entry" and also said it used an "overly narrow interpretation" of its legal reporting requirements. The company said it is taking steps to remedy these shortcomings.

Takata defends actions over faulty airbags

Washington - A senior Takata executive defended the embattled Japanese auto parts firm's actions today before a US Senate panel investigating an airbag fault tied to several deaths and hundreds of injuries.

Hiroshi Shimizu, Takata's senior vice president for global quality assurance, said his company took responsibility for three US deaths related to what he labelled "anomalies" in its airbags.

But he did not expand that acceptance of responsibility to a broader series of airbags installed for a decade in millions of cars from 10 major manufacturers.

BMW rolls out Mini 5-door at Rs 35.2 L, new 3-door at Rs 31.8 L

Mumbai - To meet the rising demand for its iconic brand Mini, German luxury carmaker BMW Group Wednesday launched its British premium luxury small car in the 3-door and 5-door variants with petrol and diesel options.

For the five-door Mini Cooper D this is a debut in the country as the company has already been selling the first generation 3-door model since 2012 in the country. BMW Group India president Philipp von Sahr said the company has already sold close to 1,000 units of Mini in the country.

The new Mini will be rivalling the likes of Mercedes A-Class, BMW 1-Series, Volvo V40 Cross Country as well as the upcoming Abarth 500. It comes in as many as 11 colours.

Hero MotoCorp to enter European markets next year

Hero MotoCorpNew Delhi : Country's largest two-wheeler maker Hero MotoCorp aims to enter European markets, including Italy, Spain and France, by end of next year, with the launch of its hybrid-scooter 'Leap' in these countries.

In the first phase of its foray into Europe, the company plans to launch its products in Italy, Spain and France followed by the UK and Germany in the next phase of expansion, Hero MotoCorp Ltd (HMCL) said in a statement.

To begin with, the company will launch its first serial-hybrid scooter 'Leap' in these markets, and subsequently bring more models including scooters and motorcycles, it added.

Maruti, Nissan meet safety norms; NCAP 'scaremongering': SIAM

Maruti Suzuki and NissanNew Delhi: Stating that car makers in India meet the country's safety norms, auto industry body SIAM on Tuesday defended Maruti Suzuki and Nissan, which had failed crash tests conducted by Global NCAP on their Swift and Datsun GO models, respectively.

Lashing out at Global NCAP, an umbrella body of consumer car safety testing bodies, for "scaremongering", SIAM Director General Vishnu Mathur said: "Every country has its own safety requirements. Our cars are meeting safety norms set by the government."

Maruti launches new variant of Alto with automatic transmission

maruti alto k10 automatic gearNew Delhi, Nov 3 : Maruti Suzuki on Monday unveiled a new version of its entry-level model Alto with automatic gear shift technology, a feature usually reserved for pricier cars in the market.

Cars with automatic transmission have the potential to be popular in a India due to poor condition of roads and traffic snarl-ups. Priced at Rs. 380,187, Alto K10 is the cheapest car with automatic gear shift.

Managing Director and Chief Executive Officer (CEO) of Maruti Suzuki India (MSI), Kenichi Ayukawa, said Alto K10 is the company's bestselling brand in Indian markets.

Maruti Suzuki to launch new Alto K10 today

maruti suzuki altoNew Delhi: With an eye on reviving growth in its bread and butter mini car segment, the country's largest car maker Maruti Suzuki India will launch a new version of its Alto K10 on Monday.

After the Celerio, the Alto K10 will be the second model to be equipped with auto gear shift (AGS) feature.

While the petrol version delivers a mileage of 24.07 km per litre, the CNG variant will have a fuel economy of 32.26 km per kg.

It will have six different variants and the AGS option will be available only with the top end.

Royal Enfield sales up 47% in October

New Delhi - Two-wheeler maker Royal Enfield on Saturday reported 47.45 per cent increase in its total sales in October at 26,039 units as against 17,659 units in the same month last year.

Domestic sales also increased by 47.4 per cent at 25,510 units last month as against 17,306 units in October 2013, the company said in a statement.

Exports during the month stood at 529 units as against 353 units last year, up 49.85 per cent. (PTI)

Maruti Oct sales dip 1.1% to 1,03,973 units

New Delhi - Country's largest car-maker Maruti Suzuki India (MSI) on Saturday reported a 1.1 per cent decline in total sales in October at 1,03,973 units as against 1,05,087 units in the same month last year.

The company said its domestic sales rose by 1 per cent during the month to 97,069 units as against 96,062 units in October, 2013.

Sales of mini segment cars, including M800, Alto, A-Star and WagonR, declined by 9.2 per cent to 35,753 units compared to 39,379 units in the year-ago month, MSI said in a statement.

Maruti Suzuki India Limited says car sales growth will be slow

Maruti SuzukiNew Delhi/Gurgaon, Oct. 31 - India's biggest carmaker Maruti Suzuki India Limited said on Thursday the growth in car sales will be slow in the second half of the year, dampening expectations of a rapid recovery in the country's automotive market .

Maruti, which sells almost one in every two cars in the country, beat analyst estimates with a near 29 per cent rise in its quarterly net profit on Thursday, thanks to a 15 percent jump in car sales during the six months to September 30.

Maruti's chairman, R.C. Bhargava, said sales momentum was now slowing, and growth over the 2014-2015 financial year would average out at about 10 percent.

Toyota ranked as 'most reliable' brand 8th time in a row!

ToyotaWashington, Oct 28 : Toyota has led the Consumer Reports' annual reliability rankings consecutively for the 8th time.

According to the survey, the company's Toyota and Lexus brands top the ranking, while its Scion brand is in the top ten, Fox News reported.

Jake Fisher, Consumer Reports' head of auto testing said that Toyota has a strategy that emphasizes reliability over excitement, as they take a conservative approach to redesign and roll out new features slowly.

Fisher added that the risk is they may not have the latest bells and whistles, but the reward is world class reliability. (ANI)

Nissan to recall 9,000 units of Micra, Sunny models in India

New Delhi - Japanese auto major Nissan is recalling 9,000 units of its compact car Micra and mid-sized sedan Sunny in India to replace defective airbags as part of a global recall.

The recall will cover cars manufactured between 2008 to 2012 that use safety airbags made by its supplier Takata.

"Nissan plans to begin notifying customers soon. Nissan dealers will replace the driver airbag inflator with a correctly manufactured part at no cost to the customers for parts or labour," a Nissan India spokesperson said.

The global recall of 2,60,000 units by the Japanese auto major affects models, including Note, March/Micra, Sunny/Almera/Versa, Patrol and Cube.

Hero MotoCorp launches two bikes priced up to Rs 51,550

New Delhi - Country's leading two-wheeler maker Hero MotoCorp on Wednesday launched two new products in the market to cash-in on the festive season.

The company launched 100 cc Splendor Pro Classic, which has a cafe racer styling, priced at Rs 48,650 (ex-showroom Delhi) and another 100 cc on-road-off-road bike Passion Pro TR at Rs 51,550 (ex-showroom Delhi).

Commenting on the launches, the company said: "Having kicked-off the festive season with record 6-lakh plus sales in September, Hero MotoCorp has lined-up a slew of new products, including refreshes and variants in the festive season."

M&M makes bid to acquire 51% stake in Peugeot Motocycles

Mahindra MahindraNew Delhi: Homegrown auto major Mahindra & Mahindra on Tuesday said its two-wheeler arm has made an offer to acquire 51 percent stake in Peugeot Motocycles, part of the 54 billion euro PSA Group based in France.

In a statement, M&M said under the "binding offer" made by Mahindra Two Wheelers Ltd (MTWL), there would be an "infusion of 15 million euro into Peugeot Motocycles (PMTC) to finance projects implemented through strategic partnership, and further sale of shares by PSA, which would allow MTWL to take 51 percent stake in PMTC."



Check out More news from Telecom Sector :: Pharmaceutical Sector :: Auto Sector :: Infrastructure :: Real Estate


Syndicate content