Honda 2wheelers Narsapura plant creates global record as ‘World’s LARGEST & HIGHEST PRODUCTIVITY PLANT’

honda
Honda

India is now the biggest production base of Honda worldwide New 4th line of 0.6 million annual capacity at

  • Honda’s Narsapura plant starts commercial production
  • With this expansion, Karnataka plant is now Honda’s biggest plant worldwide with 2.4 million units annual production capacity
  • India becomes No. 1 production base of Honda worldwide: Honda 2Wheeler India’s total capacity from 4 plants increases from 5.8 million to 6.4 million units in FY’2017-18

Continue Reading

BAJAJ Motors sells report July 2017

Bajaj Auto Logo

Jul-17

Particulars                     Jul-17                   Jul-16                       Change %                       Highlights

MOTORCYCLES

DOMESTIC                     1,64,915              1,74,324                           -5                                  –

EXPORTS                      1,00,267               1,11,203                          -10                                  –

SUB-TOTAL                    2,65,182               2,85,527                          -7                                    –

COMMERCIAL VEHICLES Continue Reading

Hero motocorp sells report in july 2017

Carrying forward the momentum of its highest-ever quarterly sales in the first three months (April-June) of FY ‘18, Hero MotoCorp Ltd commenced the second quarter of the fiscal with a robust six-lakh plus sales for the month of July, despite sluggish sales for the first few days of the month due to the transition to GST.       Continue Reading

General Motors Co. (NYSE:GM) and Groupe PSA (Paris:UG) announced the close of the sale of GM’s Opel/Vauxhall business to the Groupe PSA. 

General Motors

General Motors Co. (NYSE:GM) and Groupe PSA (Paris:UG)  announced the close of the sale of GM’s Opel/Vauxhall business to the Groupe PSA. 

The sale represents a win for all stakeholders and is the latest and most significant in a series of actions GM has taken to strengthen its global enterprise and position itself for the future, while immediately improving the company’s financial performance. Continue Reading

Toyota Kirloskar Motors achieves best-ever July 2017 Sales

Toyota Kirloskar Motor today recorded its best ever July sales in July 2017, it sold a total of 17,750 units in the domestic market thereby registering over 43% growth as compared to its domestic sales in the corresponding period last year. This is the company’s third highest ever domestic sales achievement in a month. The company also exported 1,723 units of the Etios series this month. Continue Reading

The New Jeep compass lunching in india

The much-awaited Jeep Compass is all set to be launched today. It’s an important launch for Jeep and Fiat Chrysler Automobiles as it shows the American carmaker’s commitment to the Indian car buyers. Setting up a local production facility for the right-hand drive Compass speaks volumes about Jeep’s intentions of succeeding in India. Not only is it going to be the most affordable Jeep here, but it’s also likely to carry an aggressive price tag. Since opening bookings for the Compass, the company had received 1,000 bookings in just a week. How many of those buyers ask for their money back will depend on the price tag. Continue Reading

Nissan-Renault at the top in first-half global vehicle sales

The alliance of Japanese automaker Nissan Motor Co. and Renault SA of France says it led in global vehicle sales for the first half of this year, the first time it has claimed top rank.

The Nissan-Renault alliance, which includes Mitsubishi Motors Corp., sold 5,268,079 vehicles around the world in January-June. Continue Reading

HERO Motocorp Financial Results: Q1 (April – June), FY ‘18

 

  • Highest-ever quarterly sales: 18,53,647 units [sturdy growth of 6.2% over corresponding period last year (April-June’16: 17,45,389 units)]
  • Gross turnover (Gross sales and other operating income) Rs. 8612.9 Crore (7.5% growth over the corresponding period last year)
  • Earnings Before Interest, Depreciation, Tax & Amortization (EBIDTA) for the Quarter stood at Rs. 1295.9 Crore reflecting 16.3% EBITDA margin (vs. Rs 1230.1 Crore for the corresponding period last year)
  • Profit Before Tax (PBT) at Rs. 1293.1 Crore and Net Profit After Tax (PAT) at Rs. 914.0 Crore

Continue Reading

TVS Motors November 2015 Sales

TVS Motor Company sold a total of 225,401 units in of November 2015. TVS, also claimed to suffered a loss of approximately 15,000 units due to the inclement weather, as its production was affected due to rains in capital of Tamil Nadu, Chennai. Two Wheeler The company sold a total of 217,706 units of its… Continue Reading