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Automobile News in India for April 2008
Volvo expands its support in Jharkhand region
Chennai, April 30, 2008: Volvo, today extended it’s sales and service support network with the inauguration of the new Service & Parts facility of Infra Equip - the Authorised Service Dealer for Volvo Trucks, Volvo Construction Equipment and Volvo Buses in Jharkhand region. The launch of the new service & part facility is in line with the company’s growth plans for t... More...
Nanhi Kali-Leading Not for Profit organisation embarks upon ambitious online marketing strategy
Mumbai, 29 April, 2008: K.C. Mahindra Education Trust and Naandi Foundation’s joint special project Nanhi Kali will now be promoted in a very innovative way online. The leading global non profit brand has developed an internet 2.0 site to generate donations and awareness about its activities without having to spend revenue for advertisement expenses. For many years,... More...
Mahindra launches new After-Market Business Vertical, Inaugurates first multi-brand car service cent
Mumbai, April 28, 2008: Mahindra & Mahindra Ltd. (M&M), one of India’s leading auto brands, today announced the launch of the After-Market Sector, a new business vertical which will consolidate the entire gamut of its after-market initiatives in the automotive space. This Sector will comprise the following business units: 1. Mahindra First Choice Services Ltd. (Mul... More...
EU gives green signal to Tata Motors` takeover of Ford brands
Mumbai, April 26, 2008: The European Commission accorded its approval to Tata Motors` (Q, N,C,F)* takeover of Jaguar and Land Rover from US carmaker Ford. The EU gave its approval to the deal after reviewing it for competition threats through a fast-track procedure reserved for transactions not expected to pose any problems. In March, Tata Motors bought two British luxury icons Jaguar a... More...
Tata Motors seeks pie in Italian designer co.
Mumbai, April 26, 2008: Tata Motors seeks to acquire stake in Pininfarina SpA, the Italian designer of Ferraris and producer of niche vehicles, reports Business Standard. The Italian firm will open an engineering venture in India with Tata by the end of this year, in which Tata`s will hold minority stake. Last month Pininfarina SpA announced to sell USD 153 million of new shares to exis... More...
Mahindra-Renault plans to export Logan
New Delhi, April 26, 2008: After Logan completes one year in the domestic market, Mahindra-Renault is set to drive the sedan into the overseas market. “We are exploring right-hand drive markets like South Asia, and Africa amongst others to export the Logan. We plan to start exports this year,” said Mr Nalin Mehta, Chief Operating Officer, Mahindra-Renault Pvt Ltd, at a media... More...
Audi inaugurates new exclusive showroom in north India
Chandigarh, Apr 25, 2008: Audi, German luxury car manufacturer, announced the opening of a new exclusive showroom in Chandigarh. With the third showroom in North India, Audi is now present in seven cities across the country. The number is going to be increased to ten exclusive Audi dealers by the end of this year. ... More...
Nissan Announces New Auditors
Tokyo, April 25, 2008: Nissan Motor Co., Ltd. today announced the appointment of two new company auditors. Masahiko Aoki, currently Executive Advisor and Director of Nissan Creative Services Co., Ltd., and Takemoto Ohto, currently Executive Advisor of Nichirei Corporation, will be appointed as company Auditors, pending approval at Nissan’s annual meeting of shareholders i... More...
BMW opens its first showroom in Kolkata
Kolkata, April 25, 2008: BMW India has opened its first showroom here following increasing demand for its cars and announced plans to launch a dealership providing sales, service, spares and systems to its clients. The 4,300 sq ft showroom was inaugurated Wednesday. "Initially we will display five Beemer models here. Plans are to make the entire Beemer series - 3,5,6,7,X and M - av... More...
Honda to hike City, Civic prices by up to Rs 10,000
New Delhi, April 24, 2008: Owing to rising input costs, car maker Honda Siel Cars India today said it will increase the prices of its two sedans City and Civic between Rs 5,000 and Rs 10,000 by next month. A company official said the rising steel prices and other input costs have put immense pressure, which the company has been trying to absorb. "But it has reached a stage where we... More...
