Auto India, Car India

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After observing sales of over 600K units in October 2008, Hero Honda Motors announced an increase of 0.49 percent in sales of two-wheelers in November 2008 at 2,89,426 units as compared with the sales figure in same month last year.
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After AC facility buses, Delhi Transport Corporation (DTC) is including GPS (Global Positioning systems) on its buses. These systems had already installed in the 25 DTC buses, support details such as current locality and an expected arrival timing at the specific bus-stop etc.

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Maruti Suzuki’s Splash will be launch in early 2009 in India. It is the hatchback model in B+ segment. Now the company is planning to rename the Splash as Ritz in the country and will be included in small car range of the Maruti Suzuki.

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Bajaj Auto Finance Ltd has introduced a new financing plan for its models. Bajaj not only finances its 2-wheelers but also extend a free warranty on each Bajaj bike. The company intends to communicate with the customers.
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Honda has announced the start of new concept ‘Honda Fest’ across all its dealerships in India, to coincide with the start of deliveries of its all new Honda City. It is started from 28 Nov’08 up to 30 Nov’08, at all its dealerships. It’s an attempt by Honda to nurture a sense of belonging with its brand.
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Suzuki Motorcycle India Pvt Ltd introduced its iconic superbikes, the Hayabusa (1300cc) and cruiser Intruder M1800R. Both are priced at Rs 12.5 lakh (each) at ex-showroom, Delhi.

Suzuki targets to sell more than 350 superbikes per annum. Already Yamaha has introduced its YZF-R1 1000cc superbike and the MT-01, 1670cc, priced in the range of Rs 10-15 lakh. Triumph, the Italian buke maker also has launched its Multistrada, Monste and 1098 super bikes in India, priced in the range of Rs 15-55 lakh.

Suzuki is investing on the increasing demand for super bikes and will import 50 such superbikes this year.

We have already imported 30 bikes that will take care of a 20 day stock inventory at the dealership. We will be evaluating the response and going for more imports as the demand picks up.

- Mr. Atul Gupta (SMIPL vice-president) said.

Suzuki already has ordered 30 superbikes at 7 metros, where they will be selling these bikes. More than 70 percent bikes are the Hayabusa model.

We are currently evaluating the market. A lot of the product launches depend on the market response to the Hayabusa and Intruder, though we are expecting higher demand for the much smaller GSX-R sport bikes, which are in the 400 cc to 600 cc range of engine power.

-Mr Gupta said.

Bank of Baroda (BoB) has signed the Memorandum of Understanding (MoU) with the Maruti Suzuki India for enabling car loans and aims a total credit growth of 25% in a current financial year.
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The Indian auto industry, which is already facing some rough climate these days, has showed its unhappiness with government’s current decision to impose restrictions on import of certain key components in India.
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India’s one of the largest car manufacturers, Maruti Suzuki has introduced it’s A-Star in Nagpur, Maharashtra.

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Jaguar Land Lover, UK-based car manufacturer has approved it’s in secrete talks with the UK government for the £1 bn (Rs. 7440 crore) loan to aid investments in a carbon reduction technologies and stimulate demand.
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