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10 February, 2012 Faced with increasing demand, auto major Mahindra and Mahindra proposes to ramp up production of its latest Sports Utility Vehicle XUV-500 by next month, a senior official said on thursday.
“We will be ramping up of production to 3,000 units per month,” Mahinda and Mahindra Automotive division Senior Vice-President (Marketing) Vivek Nayer told reporters here.
The company’s proposal to increase production at its Nasik facility came in the backdrop of overwhelming bookings of more than 25,000 units in the second phase. During the first phase, over 8,000 units were booked.
Besides, increasing production of XUV500 is also to shorten the waiting period of three to five months.
On the upgraded version of Xylo launched on Wednesday, Nayer said the new variant is higher by upto Rs 15,000 and the company has developed it at a project cost of Rs 50 crore.
The top end model comes with Mahindra’s successful mHawk engine and the vehicle is available in five variants, he said.
“We have given a complete makeover for Xylo. There is lot of changes in interior, exterior and even in technology,” he said.
Across India Mahindra holds 27 per cent of market share in the multi-purpose vehicle segment. The base model of the new Xylo costs Rs 7.37 lakh (ex-showroom Chennai) whiles the top end at Rs 10.28 lakh (ex-showroom Chennai).

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Wednesday, November 09, 2011, AutomotiveWorld.com

The passenger car market in India posted its biggest monthly fall since December 2000. Monthly car s...

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30 September, 2011 South Korean carmaker Hyundai Motors is making the global debut of its smallest car, Eon, in India next month, and has already started the trial production at its Chennai facility.
The new car will take on Maruti Alto, India’s largest selling car, and will be made exclusively in India. Pegged at the starting price of 2.5 lakh (ex-showroom Delhi), the car carrying an 800 cc engine and options of both manual and automatic transmission will be a major volume driver for its wholly owned Indian subsidiary Hyundai Motor India after sales of its smaller aging cars - Santro and i10 - has started tapering off in the Indian market.
“New car launches are determined on the basis of the long-term outlook on a market. Our outlook on the Indian market in the medium and long-term is very positive. We want to address the Indian customer with regular product launches,” Hyundai director (marketing & sales) Arvind Saxena said.
According to auto industry insiders, Hyundai Motor global chairman Mong-Koo Chung will fly down to Delhi especially for the launch in the middle of October. Eon is Hyundai’s most ambitious project till date catering to the segment, which is the largest in the Indian market and carries tremendous potential for volume growth and will be made exclusively in India only for all global markets.
The new car will be pitted directly against Alto that sold over three-lakh units in 2010 to became world’s largest sold single car brand.
“Eon is the best bet for Hyundai to increase sales after relatively sound success of its smaller cars like Santro,” said a Mumbai-based auto analyst.

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23 September, 2011

“We regularly review the situation, see the situation and we will take a decision on a price hike at our meeting next month,” Karl Slym, president and managing director, General Motors India, said in response to queries about an imminent price hike.
He added, “Commodity prices are crazy but as the market slows down, these could stabilise although this has not happened. Crude and steel prices are still high and prices of precious materials, used in catalytic converters, are very volatile.”
On a more positive note, he was confident that the OEM will beat industry growth for a second consecutive year. “Last year, when industry grew at 30 percent, we grew at 60 percent. This year, too, we will be double the rate of growth of the automobile industry. During July and August, the passenger car market has shrunk but we grew at 14 percent in July and 10 percent in August because last year we did not have a diesel in the mini segment,” he said, adding that under the circumstances, they are unlikely to offer discounts during the festive season.
Mr Slym, who was in Pune to inaugurate the city’s fifth dealership and the 252nd across the country, said they will add more dealerships across the country.
Referring to the five new products that GMI will launch in the next 15 months, he said two of the five will be made at Talegaon, its passenger car plant, and three at Halol in Gujarat, its commercial vehicle plant. Of the five, two will be of SAIC design and the remainder three from GM. The Talegaon plant capacity will increase to 1.72 lakh capacity from 1.4 lakh currently by December, to handle the new products. “These vehicles will have local content of 80-90 percent from the start,” he added.

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Mahindra has reported that it will launch the Thar as per its Facebook Page. Mahindra Thar will be offered with a 2.5-liter CRDe engine that generates 105HP @ 3800rpm and 247Nm between 1800-2000rpm.

“After all the patience you guys’ve shown, we are pleased to announce that the Mahindra Thar CRDe 4×4 will be launching by the end of this month,” the company said on Facebook.

Mahindra Thar will feature Borg Warner manual shift for 4×4, 16? wheels, 2-seater weighting in at 1750kgs.

Mahindra Thar will be offered in white, black, red and silver shades.

Mahindra Thar Pictures:

Mahindra Thar CRDe Coming Soon !Mahindra Xylo D2 Engine Variant Launched Today In IndiaMahindra Xylo 4-Wheel Drive Will Be Launched Soon In India?Mahindra Xylo In BhutanMahindra To Launch 7 New Vehicles Over 18 Months !Tags: Mahindra Thar

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Maruti Suzuki India, has reported that they have once again managed to sell 100,000 vehicles in November. Maruti Suzuki have managed to do this consistently, November being the fifth straight month. The company reports there is huge consumer demands for its products.

The month of November 2010 Maruti Suzuki managed to sell 112,554 vehicles from 87,807 units in the same month a year earlier. Sales were led by the growth in the small-car segment, including the Alto, Swift, Zen and A-Star cars, the company statement showed.

Such increase in sales numbers clearly show the Indian consumer seems to have not been affected by the global crisis. Stay Tuned.

Maruti To Launch K-Series Alto Next MonthMaruti Suzuki K-series engine The Most Wanted ?Maruti Suzuki A-Star This Novemeber 19th!!!Maruti Suzuki Cars Will Be Costlier From January 28 2009Maruti Suzuki Sales Up By 5.6% In January 2009Tags: maruti suzuki, Maruti Suzuki November Sales 2010, Maruti Suzuki Sales 2010

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The pace of vehicle sales in India soars down in the month of November. This has happened at a stretch of 4 months of record. The growth based on yearly basis registered 17.81% as against 45.93 % of growth registered in the previous month of October. 
 
According to Society of Indian Automobile Manufacturers (the apex Industry body representing 44 leading vehicle and vehicular engine manufacturers in India) the total number of vehicles sold in the country stood at 12, 21,981 units in November this year as against 10, 37,232 units in the same month last year.
 
SIAM Senior Director Sugato Sen told reporters"The automobiles sales growth in November was slower than September and October, and the actual volume was also lower". He further adds “The main reason for this was that the build up to the festive season that gave additional volumes has tapered off,".

As stated by Sen, the industry body expects even lower sales in December as compared to November. On the other hand the sales of domestic passenger car jumped by 20.

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Bajaj’s Pantnagar facility has hit the 100,000 production mark in a short 30 day cycle. The milestone figure falls in line with the company’s newly devised production strategy which is primarily aimed at cutbacks in production costs/ time.

BAL is said to have confirmed its plans to expand the same facility which is nearing completion after a delay caused by the rather heavy monsoon. Bajaj intends to create a superior production line for all the three brands (Bajaj, KTM and Kawasaki).

Bajaj representatives have revealed that efforts are being made to develop two-wheeler designs that share a common platform. The Pantnagar facility expects to increase its per annum production rate to 600000 units by 2011.

Bajaj eyeing chain-links with Kawasaki and KtmBajaj Plans To Launch Kawasaki Ninja 250R Soon In IndiaBajaj Auto Planning To Launch Gearless Scooters In IndiaBajaj Aims To Sell 90000 Units Of Pulsar Per Month1000th Kawasaki Ninja 250RTags: bajaj, Bajaj One Lakh Production, Bajaj Production

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Maruti Suzuki India, has reported that they have once again managed to sell 100,000 vehicles in November. Maruti Suzuki have managed to do this consistently, November being the fifth straight month. The company reports there is huge consumer demands for its products.

The month of November 2010 Maruti Suzuki managed to sell 112,554 vehicles from 87,807 units in the same month a year earlier. Sales were led by the growth in the small-car segment, including the Alto, Swift, Zen and A-Star cars, the company statement showed.

Such increase in sales numbers clearly show the Indian consumer seems to have not been affected by the global crisis. Stay Tuned.

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Maruti To Launch K-Series Alto Next MonthMaruti Suzuki K-series engine The Most Wanted ?Maruti Suzuki A-Star This Novemeber 19th!!!Maruti Suzuki Cars Will Be Costlier From January 28 2009Maruti Suzuki Sales Up By 5.6% In January 2009 Tags: maruti suzuki, Maruti Suzuki November Sales 2010, Maruti Suzuki Sales 2010 LatestCommentsPopularTags

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