Vehicle E-newsletter - July 04 to 08, 2016 1

Vehicle E-newsletter

Maruti Suzuki to remain firm on double-digit growth in FY17
Maruti Suzuki India expects to gain the double-digit growth goal set for FY17, notwithstanding a drop in general production through four.five% within the month of cutting-edge June as a result of the hearth in Subros, one of Manesar’s key vendor facilities. Study more

June Automobile Sales: Tata Vehicles JLR Retail Sales up 17% at 46,456
Income will increase in Europe, and the United Kingdom have supported record-breaking 1/2-yr Sales effects for Jaguar Land Rover, retail Income latest 291,556 automobiles, up 22% at the same six-month length last year. It becomes the business enterprise’s fine-ever June overall performance, with retail Income brand new 46,456 automobiles, 17% up on 2015. Read more

ICRA expects home tire call to report a 6-7% extent boom
Over the subsequent three years, ICRA expects the domestic tire demand to record a 6-7% quantity increase, supported with the aid of a huge, primarily based revival in Car OE demand. Choose up in rural expenditure with top monsoon might translate into higher OEM calls for the rural-centric wheeler (2W) and tractor segments. Growing fleet on the ground and higher miles pushed/freight moved could force substitute Income. Examine extra

Maruti Suzuki total manufacturing drops 4.five% in June
Maruti Suzuki’s overall production at some stage in the month modern-day June dropped four.5% to 90,262 units as towards 94,548 units in June 2015. The segments that contributed to the decline in manufacturing have been Mini motors that protected Alto and WagonR at the same time as Compact motors, which blanketed Ritz, Quick, Celerio, Dzire, Baleno, and Great Compact and Midsize cars which includes Dzire Tour and Ciaz. Examine extra

News in Focus

News in Focus

India could have the strongest light vehicle Sales boom over the coming years; predicts Roland Berger and Lazard
whilst 2015 was every other superb yr for Car suppliers with worldwide EBIT margins at a document high of seven. Four percent, volatility increased, and international sales growth slowed, keeping with the “worldwide Automobile Provider Look at 2016″ from Roland Berger and Lazard. An ability market cool-down in 2016 and future technology adjustments stay at the top ultra-modern the Dealer CEO time table. Examine greater

domestic News

domestic News

Pre-bookings for the all-new Volvo S90 are open now!
Volvo Auto India announced the start of modern-day pre-bookings ultra-modern its soon-to-be-launched top rate luxurious sedan, Volvo S90 in India. The new S90 marks the beginning of ultra-modern a new bankruptcy in Volvo’s history, taking pictures of its future design direction, incorporating its very own range of modern-day technology, and utilizing its new Scalable Product Architecture (SPA) generation. Read extra

Maruti Suzuki Ciaz sells over one lakh devices in June.

RELATED ARTICLES :

Maruti Suzuki India Restrained’s (MSIL) popular top rate mid-length sedan, Ciaz, had crossed the one lakh cumulative sales mark within the domestic marketplace in June 2016. Examine extra

Proposed BS-VI emission norms for two-wheelers might also boom expenses: ICRA
The Indian 2-wheeler enterprise, the most important within the world, that’s transitioning to tighter emission norms in a try to be on par with worldwide emission requirements, could see a big scale adoption of today’s change technologies leading to a cost differential to the tune cutting-edge 10 % to twenty % modern-day the value ultra-modern the automobile, in step with ICRA, the main score organization. Read extra

Employment will now not rise at anywhere near GDP fee: Rahul Bajaj
Bajaj Automobile Chairman Rahul Bajaj reportedly said that even though India’s GDP can hit a steady-state contemporary around 8.5% for numerous years, employment “will now not upward push everywhere near that charge modern growth.” Examine extra

Mercedes-Benz inaugurates automobile dealership in Vidarbha
Mercedes-Benz inaugurated a modern showroom in Maharashtra’s rising metropolis contemporary Nagpur. Car Hangar, located in a high location in Nagpur, promises to be a luxury destination for luxury Vehicle fanatics throughout the Developing consumer base within the whole Vidarbha place. Read more

Triumph Bikes proclaims its first Thruxton R sibling customers in India
Triumph Motorcycles, the long-lasting British Motorbike Manufacturer, is satisfied to announce its first Thruxton R sibling customers in India. Vimal Sumbly, Coping with Director, Triumph Motorcycles India, for my part, passed over the keys to T. T. Raghunathan and T. T. Varadarajan. Examine extra

Digital truth and app-based equipment to convert Car region: CarDekho.Com
India’s leading online Vehicle portal CarDekho.Com has partnered with the international Car Discussion board to present the 13th India automobile Marketing and Sales Summit 2016, themed on “The Balancing Act.” The occasion, which modern-day at Motel Taj Palace in New Delhi on July 2 to speak about the destiny roadmap modern the Indian Automobile sector, turned into attended through several enterprise stalwarts together with Marketing and Sales heads from distinguished Car OEMs, CEOs & MDs modern-day big supplier groups, heads trendy Advertising and marketing businesses and representatives present-day corporations modern-day cloud computing in addition to social media professionals. Read extra

International News

 

Escorts strengthens Worldwide Portfolio with a new global product line
Escorts Restrained unveiled their global targets with the release of cutting-edge thirteen new tractors in the 12HP to 110HP range underneath flagship brands Farmtrac, Powertrac, and Euroline Series to cater mainly to the arena marketplace. This heralds the foray state-of-the-art engineering conglomerate in more modern and intense horse electricity variety modern-day 12HP to 110HP to cope with global competition in overseas markets by designing, developing, and making in India.