Auto Sector

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."

Maruti Suzuki launches Ciaz at Rs 6.99 lakh onwards

Gurgaon - Country's largest carmaker Maruti Suzuki India (MSI) on Monday launched mid-sized sedan Ciaz with an introductory price starting at Rs 6.99 lakh (ex-showroom Delhi).

The petrol variants of the sedan are priced between Rs 6.99 lakh and Rs 9.34 lakh while the diesel variants are priced between Rs 8.04 lakh and Rs 9.8 lakh, respectively (ex-showroom Delhi).

"Millions of Indians have enjoyed Maruti cars for years. These customers are looking to upgrade to mid-sized sedans. Ciaz is for them, " MSI Managing Director and CEO Kenichi Ayukawa told reporters here.

He added that the company has been able to achieve localisation content of 98 percent for the car.

Renault to enter used car biz in India; 2 new models next year

Renault to enter used car biz in India; 2 new models next yearParis: French auto major Renault plans to enter new verticals, including used car business in India next year, besides launching two new models, to make its presence felt in the market which it sees as "the biggest challenge".

The company, which is targeting a market share of over 5 per cent in India, is also leveraging on its 4,500 strong R&D Centre in Chennai to come up with products which are "right for the country".

Maruti Suzuki India September sales up 4.6% at 1,09,742 units

Maruti-SuzukiNew Delhi - The country's largest carmaker Maruti Suzuki India today reported 4.6 percent increase in its total sales in September 2014 at 1,09,742 units as against 1,04,964 units in the same month previous year.

Domestic sales during the month stood at 99,290 units, up 9.8 percent from 90,399 units in September previous year, Maruti Suzuki India (MSI) said in a statement.

Sales of mini passenger cars, including Alto, A-Star and WagonR were down 13.4 percent at 35,547 units as against 41,061 units in the same month previous year.

India has potential to become world's biggest car maker: Maruti

Maruit SuzukiNew Delhi: Stating India has the potential to become the biggest car manufacturer of the world, country's top car maker Maruti Suzuki on Thursday hoped factors adversely affecting competitiveness of manufacturing will be removed quickly, in line with Prime Minister Narendra Modi's call to make India a manufacturing hub.

"Costs of production in India increase because of various government policies, procedures, regulations and the way some of the laws are implemented," said Kenichi Ayukawa, Managing Director and CEO, Maruti Suzuki India Ltd, at the 'Make in India' campaign.

General Motors launches new SAIL compact, SAIL sedan

General-Motors-SAILNew Delhi - General Motors India today launched the new Chevrolet SAIL hatchback and sedan priced between Rs 4.41 lakh and Rs 7.64 lakh (ex-showroom Delhi).

The new SAIL hatchback is priced between Rs 4.41 and Rs 6.81 lakh and the SAIL sedan is priced between Rs 5.19 and Rs 7.64 lakh (ex-showroom, New Delhi), the company said in a statement.

Both the models are available in diesel and petrol options. The diesel option is powered by a 1.3 litre engine, while the petrol has a 1.2 litre engine.

Maruti Suzuki marketing and sales head Mayank Pareek resigns

Mayank PareekNew Delhi: Maruti Suzuki India's marketing and sales head Mayank Pareek has quit the company after nearly 20 years of service at the country's largest carmaker.

While Pareek, who is designated Chief Operating Officer (marketing and sales), could not be reached for comments, however, according to people familiar with the development, he has put in papers to pursue 'better opportunities'.

The company spokesperson declined to comment.

It is speculated that he may join homegrown auto major Tata Motors, which has been seeking a revival in fortunes in the passenger cars segment.

Ford India launches refreshed Figo priced up to Rs 6.09 lakh

Ford FigoNew Delhi - Ford India on Monday launched a refreshed version of its compact car Ford Figo priced up to Rs Rs 6.09 lakh (ex-showroom Delhi) ahead of the upcoming festival season.

The refreshed Ford Figo will be available at Rs 3.87 lakh to Rs 5.14 lakh for petrol variant and Rs 4.83 lakh to Rs 6.09 lakh (ex-Showroom Delhi) for the diesel option, the company said in a statement.

"With the refreshed look, we are adding even more style to the Figo, which is highly regarded as a reliable vehicle with an outstanding value-for-money proposition," Ford India Executive Director (Marketing, Sales and Service) Vinay Piparsania said.

Toyota looks to enhance operations in India's North East

Toyota looks to enhance operations in India's North EastGuwahati - Japanese car giant Toyota plans to increase operations in India's North Eastern region, where its sales have grown at double the national average of 3 percent annually.

The company, which is present in India through a joint venture with Kirloskar group, is looking to set up an area office in the North East considering its rising importance.

Maruti to roll out LCV project on a limited scale

maruti suzukiNew Delhi: Country's largest car maker Maruti Suzuki India plans to roll out its light commercial vehicles (LCV) project on a limited scale, a top company executive said on Friday.

"We will begin the LCV project on a very limited scale and take the initiative forward by understanding the marketing and sales experience. We will slowly roll out it as we do not want to rush into it. The commercial vehicle sector is a new sector for us," Maruti Suzuki India (MSI) Chairman R C Bhargava said on the sidelines of SIAM Annual Convention.

Audi Q3 Dynamic launched in India at Rs 38.40 lakh

Audi Q3 DynamicNew Delhi: German luxury car maker Audi on Thursday launched Audi Q3 Dynamic with Audi drive select in the Indian market priced at Rs 38,40,000 (ex-showroom Mumbai).

The Audi Q3 is the largest selling luxury SUV in India and this new addition will further strengthen the brand's dominance in the luxury SUV segment, the company said in a statement.

Domestic car sales up 15.16%, bikes 14.45% in Aug

domestic car salesNew Delhi: Domestic passenger car sales grew by 15.16 percent to 1,53,758 units in August this year as compared to 1,33,513 units in the same month of 2013.

According to the data released by the Society of Indian Automobile Manufacturers (SIAM), motorcycle sales during the month grew by 14.45 percent to 9,10,312 units as against 7,95,411 units in August last year.

Total two-wheeler sales in August 2014 grew by 19.22 percent to 13,45,506 units from 11,28,631 units in the same period of the previous year.

Total sales of commercial vehicles were down by 5.59 percent to 48,473 units from 51,344 units in the year-ago period, SIAM said.

Hyundai launches SportZ Edition of Grand i10

Hyundai-Grand-i10-SportzNew Delhi: Hyundai Motor India Ltd on Wednesday launched 'SportZ Edition'of its compact car Grand i10 to celebrate its first anniversary.

The Grand SportZ variant would available in two variants -- U2 1.1 litre CRDi diesel engine and 1.2 litre Kappa petrol engine.

Launched in September 2013, Grand i10 has been sold to over 1.1 lakh customers, Hyundai Motor India Ltd (HMIL) said in a statement.

Grand SportZ Petrol is priced at Rs 5.11 lakh (ex-showroom Delhi) and Grand SportZ Edition Diesel Rs 5.98 lakh (ex-showroom Delhi).

Maruti Suzuki India to open bookings for Ciaz from tomorrow

Maruti Suzuki CiazNew Delhi: Seeking to make a mark in the big car segment, the country's largest car maker Maruti Suzuki India will open bookings of its upcoming mid-sized sedan Ciaz from tomorrow.

Ciaz will be available in petrol and Diesel fuel options powered by a 1.4 litre and 1.3 litre engines respectively.

"The global launch of Ciaz is planned during the forthcoming festival season," the company said in a statement.

Ciaz' main competitors will be Honda City, priced between Rs 7.19 lakh and Rs 11.05 lakh, and Hyundai Verna tagged between Rs 7.39 lakh and Rs 11.72 lakh (ex showroom Delhi).

Maruti's August sales rise 27% to 1,10,776 units

Maruti sales riseNew Delhi: The country's largest car-maker Maruti Suzuki India on Monday reported 26.9 percent increase in its total sales in August at 1,10,776 units as against 87,323 units in the same month of previous year.

Domestic sales during the month stood at 98,304 units, up 29.3 percent from 76,018 units in August of previous year, Maruti Suzuki India (MSI) said in a statement.

Sales of mini passenger cars, including Alto, A-Star and WagonR were up 8.3 percent at 34,686 units as against 32,019 units in the previous year.

Mahindra to invest Rs 4,000 crore on Chakan plant expansion

Mahindra & MahindraMumbai : Auto major Mahindra & Mahindra, will invest Rs 4,000 crore over a 7-year period to expand its existing facility at Chakan in Maharashtra.

The company, which had earlier put on hold the expansion at the plant and considered other options citing lack of support from the Maharashtra government, said the fresh infusion would take its total investment in Chakan to Rs 8,000 crore.

"A total of Rs 4,000 crore will be utilised towards infrastructure development, product development and capacity expansion for vehicles to be rolled out from the Chakan plant," Mahindra & Mahindra said in a statement.

New BMW X3 debuts in India

New BMW X3 debuts in IndiaNoida (Uttar Pradesh), Aug 28 : A paragon of sporty dynamics, premium ambience and robust agility, the new BMW X3 was launched today at Deutsche Motoren, the BMW dealership in Noida.

The new BMW X3 is locally produced at the BMW Plant Chennai in a diesel variant and is now available at BMW dealerships across India.

Now, 'safely' send messages while driving with Nissan's messaging assistant

Nissan-AppWashington, Aug 28 : Nissan has added a new feature to its upcoming cars that would allow users to send text messages while driving, without taking their eyes off the road.

The hands-free text messaging assistant is part of NissanConnect, which is free for three years and then costs about 20 dollars per year.

Users can reply to people via canned responses, or add their own custom messages. Users can also set a default reply for everyone who sends them any message.



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