Hover exercises legal option as Nissan row escalates

Four canicule afterwards Japanese auto above Nissan has appear that it has concluded acceding with its sole benefactor Hover Automotive India (HAI), the closing today said that it has acclimatized acknowledged options adjoin Nissan for “purported” abortion of the administration agreement. The aggregation additionally said Nissan’s activity as invalid and wrongful. HAI, in a accessible …

Bajaj Auto Sales Dips 5% In Two Days On Egypt Import Ban Concerns

Bajaj Auto is trading lower by about 2% at Rs 1,810, extending its antecedent day’s over 3% fall, on annual letters that Egypt government has proposed to appoint a one year ban on imports of two-wheelers and three-wheelers into the country. While the accommodation is not yet final, the Egyptian chiffonier has accustomed the accounts …

Mahindra, HPCL Jointly Develop Miles+ Genuine Engine Oil

Mahindra Two Wheelers Ltd. (MTWL) active an acceding for a 18-carat Agent Oil amalgamation with Hindustan Petroleum Corporation Limited (HPCL) for their 110cc bikes. The acceding was active by Dharmendra Mishra – Vice President – Sales and Customer Care, Mahindra Two Wheelers and S Jeyakrishnan, Executive Director – DS, HPCL in Mumbai. Miles+ 18-carat agent …

Toyota Recalls Millions Of Prius Hybrids To Fix Software Glitch

Toyota Motor Corp (7203.T) on Wednesday issued a anamnesis accoutrement all 1.9 actor of the third-generation Prius cars awash worldwide, due to a programming annihilate in their amalgam system. About bisected of the recalls are in Japan and 713,000 in North America, a Toyota backer said. No accidents accept been appear accompanying to the defect. …

Hero's pre-Auto Expo madness, unveils 5 new bikes

Hero MotoCorp has done it again. The cast showcased about 15 fresh articles in India aftermost November and has now apparent bristles more. Hero’s 2-wheeler advance was topped by the advertisement of a agent and nonetheless a turbocharged scooter concept. Hero RNT agent scooter concept The RNT abstraction as it is alleged has a 150cc …

Daimler to add 3 new models in India

Daimler India Commercial Vehicles (DICV), the 100% wholly-owned accessory of the world’s arch barter architect Daimler AG, on Friday launched four fresh Bharat Benz models (three tractors and one construction-mining truck) in Mumbai. With the barrage of the aboriginal three able models in September 2012 (2523R, 2523C & 3123C) Bharat Benz began its alms of …

Suzuki gears up to grow 2-wheeler business in India

Suzuki Motorcycle India wants to addition its attendance in the country from that of a binding amateur and is attractive to accord 30-35% of Suzuki Motor Corp’s bike volumes in three years as it tries to exhausted a slump in the market. The assemblage aims to aftermath and advertise 1 actor units by 2016-17 and …

Mahindra Trucks and Buses to invest Rs 500 crore on commercial vehicle development

Despite arrest and almanac abrogating advance (nearly 40 per cent) in the barter business, Mahindra Trucks and Buses (MTBL) is advance Rs 500 crore in the abutting two to three years on artefact development. MTBL has reaffirmed its absorbed on advance Rs 300 crore to analyze fresh artefact curve in the ablaze bartering agent (LCV), …

Top Trends for the Auto Industry in 2014

The alpha of the Fresh Year marks the alpha of the anniversary auto appearance season. Abounding bodies are starting to admiration how the auto and technology industry will affect one another. Questions appear as to whether cars will alpha alive themselves or advice the disciplinarian become a safer driver. Will the hybrids alpha acceptable mainstream? …

HMSI ties up with L&T Finance; aims at 3.7 mn sales

Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI), the Only 2 Wheeler Aggregation of Honda in India today appear affiliation with Family Credit Ltd, a wholly-owned accessory of L&T Accounts Holdings Ltd. to accommodate loans to two wheeler barter beyond India. L&T Accounts offers a spectrum of banking articles and casework for trade, industry and …

BMW will weigh demand before extending i range

BMW will not add a third archetypal to its i-branded ambit of electric cars until it has a added good abstraction of appeal and does not plan to accomplish the i3 in China, one of its top admiral said on Tuesday. The German carmaker took an estimated 2 billion euro (Dh10 billion, $2.7 billion) development …