Automobile News in India for October 2008

Mumbai, October 31, 2008: Mahindra & Mahindra Ltd. (M&M), India’s leader in utility vehicles, today announced that it would unveil the all new Mahindra XYLO (Zy-lo) in the current quarter. The Mahindra XYLO is the brand name for Project Ingenio developed in-house by Mahindra post the success of the Scorpio. ... More...

TVS Motor revenues grow at 23.2% in Q2 exports up 52%

Bangalore, October 30, 2008: TVS Motor Company today reported a 23.2 % increase in revenues, registering Rs. 1034 crores for the quarter ended September 2008 of the financial year 2008-09, when compared to Rs. 839 crores in the corresponding quarter of the previous year. Despite the challenging environment caused by increasing input material costs, g... More...

Nissan Releases New KIX Mini SUV

Tokyo, October 30, 2008: Nissan Motor Co., Ltd. announced the release of the new KIX mini sport utility vehicle (SUV), which went on sale today at Nissan dealers nationwide. Marketed under the tagline of "SHIFT_Active," the KIX is a compact, dependable, high-utility SUV designed for people... More...

Maruti Suzuki Q2 results

New Delhi, October 24, 2008: Maruti Suzuki India Limited, India automobile market leader registered a Net Sales of Rs. 48,063 million (Net of Excise) during the second quarter (Q2) of fiscal 2008-09. The company had posted Net Sales of Rs. 45,297 million (Net of Excise) over the same period last year. Net sales reflected a growth of 6.1 per cent.... More...

Dr. V Sumantran joins the Ashok Leyland Board

Chennai, October 21, 2008: At the meeting of the Ashok Leyland Board of Directors today, Dr. V. Sumantran was appointed as a Director on the Board. Dr. V. Sumantran is Executive Vice Chairman of Hinduja Automotive UK, the Holding Company, and Chairman of Nissan Ashok Leyland Powertrain Pvt. Ltd. Pr... More...

Hero Honda Reports Leadership Performance With 50 % Net Profit In Q2, '08-09

New Delhi, October 21, 2008: Hero Honda Motors Ltd (HHML), the world's largest two-wheeler company for seven consecutive years, today firmly reiterated its undisputed leadership in the domestic two-wheeler market with impressive bottom line growth for the second quarter (Q2) – July to September - of this financial year (FY) 2008-09. ... More...

Mahindra introduces FuelSmart system in Bolero & Scorpio SUVs

New Delhi, October 21, 2008: Mahindra & Mahindra Ltd. (M&M), India’s leader in utility vehicles, today launched the path-breaking FuelSmart system for Scorpio M2DI and Bolero SLX BS3 variants in the Indian market. The Mahindra FuelSmart system with Micro-Hybrid technology is a technological innovation developed by the Mahindra Research ... More...

Maruti Suzuki unveils next generation KB Engine plant at Gurgaon

Gurgaon, October 21, 2008: India's leading car manufacturer Maruti Suzuki India Limited inaugurated its next-generation KB-series engine plant here today. The new series engine is another significant initiative undertaken by the Company towards offering the latest technology to its customers. Speak... More...

Maruti Suzuki Ranks Highest in Automotive Customer Satisfaction in India For a Ninth Consecutive Yea

Singapore, October 20, 2008: For a ninth consecutive year, Maruti Suzuki ranks highest in customer satisfaction with authorized dealer service in India, according to the J.D. Power Asia Pacific 2008 India Customer Service Index (CSI) StudySM released today. The study, now in its 12th year, mea... More...

Nissan will be First Automaker to Export from Ennore Port

Chennai, October 18, 2008: Nissan Motor India Private Limited (NMIPL) announced today that it has signed a Memorandum of Understanding with Ennore Port Ltd (EPL). to export its vehicles through Ennore Port in Tamil Nadu. NMIPL, the Indian affiliate of Nissan Motor Co., Ltd., will be the first automaker to utilize this eastern gateway port of India as... More...

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