Automobile News in India for October 2007

Mahindra Gesco is now Mahindra Lifespaces

Mumbai, October 30, 2007:  Mahindra Gesco, the real estate development – a subsidiary of the $4.5 billion Mahindra Group is now Mahindra Lifespaces. Explaining the rationale, Mr. Arun Nanda, Vice Chairman, Mahindra Lifespace Developers Ltd. said, “Mahindra Lifespaces was among the first corporates to step into the construction segment and has created a niche fo... More...

Transport Seminar Brings Forth Solutions for Safety and Efficiency in the Transport Sector

Chennai, October 29, 2007: Awareness for safety in road transport to be a key driver to avoid 1.4 million fatalities in India -Infrastructure and efficient transportation pre requisites for economic development of the country Transport For Progress seminar inaugurated at the Convention Hall, The Ashok, brought together pioneering spokespersons from the Indian and European transport indu... More...

Sushee Hi-Tech Takes Delivery of Their 100th Volvo Tipper

Chennai, October 29, 2007: Volvo Truck division today announced the delivery of 100th Tipper Truck to another of its customers - Sushee Hi-tech Constructions, a fast-growing Mining and Irrigation Infrastructure Company at the Volvo plant in Hoskote, Bangalore. This milestone also signifies that Volvo Tippers enjoy a strong partnership with its customers & a high preference when it c... More...

Bajaj: XCD sales cross 65,000 units.

New Delhi, October 29, 2007 : Country's second largest two-wheeler maker Bajaj Auto Ltd (BAL) on Sunday said it has sold 65,000 units of its 125 cc DTS-Si bike XCD within the first 50 days of its launch. The company claims that 50 per cent of sales are coming from competition. "As much as half of XCD 125 volumes are coming from competition, a majority of them bein... More...

Xenos’ car launched the ‘XCITE’ range.

Coimbatore, October 29, 2007:  Xenos Technologies has launched the ‘XCITE’ range of car entertainment products. The XCITE series from Xenos stable comprise head units, amplifiers, speakers, subwoofers and LCD monitors providing the ultimate multimedia car entertainment experience. Its Vice President and COO Mr. Jerry Daniel said the XCITE series would take car entertain... More...

Hinduja Group's Ashok Leyland and Nissan sign agreement for LCV partnership.

Chennai, October 29, 2007: Hinduja Group flagship Ashok Leyland and Nissan Motor Co., Ltd., today signed a binding Master Co-Operation Agreement (MCA) for the formation of three joint venture companies supporting the Light Commercial Vehicle (LCV) business. The agreement was signed in Chennai today by Mr. R. Seshasayee, Managing Director of Ashok Leyland and Mr. Carlos Ghosn, President ... More...

Audi of America at the

USA, October 26, 2007:  In an effort to bring the issue of efficient fuel technologies to more than 14,000 women expected to attend the 2007 event, Audi of America today announced its participation in the nation’s leading conference on women. The Women's Conference in Long Beach, California, which is hosted by California Governor Arnold Schwarzenegger and First Lady ... More...

Skoda launches Laura Ambiente.

Mumbai, October 25, 2007:  SkodaIndia on Wednesday launched its luxury car Laura Ambiente and said it would launch its hatchback model Fabia in Delhi Auto Expo next year. To make Fabia in India, SkodaIndia, a subsidiary of SkodaAuto, would be ramping up its operations in Aurangabad unit, a top company official told reporters here. The Aurangabad plant has a capacity to mak... More...

NISSAN ANNOUNCES NEW NISSAN GT-R

Tokyo, Oct. 24, 2007: Nissan Motor Co., Ltd., today announced the launch of the Nissan GT-R, a new multi-dimensional performance machine that lives up to the concept of "an ultimate supercar for anyone, anywhere, at anytime". The Nissan GT-R features a newly developed Premium Midship package, including the world's first independent transaxle 4WD developed independently by... More...

M&M launches new model Bolero Pick Up FB

chennai, October 24, 2007: Mahindra & Mahindra (M&M) launched the new Bolero Pick Up FB with power steering and hopes to achieve a growth rate of 20% this fiscal year, reports Business Standard. It is also planning to increase its market share by 5% in the pick up category in India. At present, M&M has a market share of 63% in pick up category across India, whereas ... More...