Friday 31 January 2014

Buying a used car is a new trend

 used cars online

In today’s world, it is not possible for everyone to afford everything that is brand new. So in order to fulfil your dreams and needs one may need to do things a bit differently than people who are in a better financial position. Purchasing a used car is no more considered as sacrificing. Surely one is not able to get the latest thing fresh off of the assembly line, but you are getting an appealing used vehicle which is of good quality and has many years of dependability left and is very affordable.

Buying a used vehicle should never make anybody feel that one is unable to provide to his/her family with the finer and brand new things in life. One should think in a way that at least he can provide his family a life that is full of more than just the necessities.

Before buying a used cars in India just be careful from where to purchase a used car. Always make sure that the used vehicle has been inspected by a certified mechanic. There are some dealers that try to take advantage of the customers who look less knowledgeable about dealing a used car transactions. Pay close attention to every detail and make sure you are getting a fair deal.

Shriram Automall being the first of its kind in India presents a wide variety of used cars India & SUV s, used trucks & tractors, used three wheeler's &scooters, used bikes and many more used vehicles India delivered through standardized processes in a well structured manner.

Want to know more about used cars online, click here


Thursday 30 January 2014

Ashok Leyland unveils its latest LCVs


Following the successful launch of DOST, Ashok Leyland widened its light commercial vehicle segment with the release of PARTNER truck and MiTR bus. Both the commercial vehicles are latest offerings of company’s joint venture with Nissan.

According to a company’s spokesperson, PARTNER has already been unveiled in Japan and Europe before and with this launch, the company now has a full line-up of products in its light commercial vehicle segment.   

Must read more news, click here.

Terra launches Kiwami electric superbike, coming to India Auto Expo 2014



  • The 1000cc bike, which is complete hand-built by the way, produces 10 kilowatts of power
  • The bike has a top speed of 160 kmph
  • The Kiwami is the first ever electric superbike to come to India


Terra Motors has officially launched the first ever electric superbike to come to India- the 1000cc Kiwami. The name translates to “ultimate” in Japanese and there’s a good reason to believe that the bike discards conventions and is quite extreme, especially for a nascent electric-vehicle market such as India. Terra has made a clear overture indicating its interest in India.



Not only is the company going to exhibit its bikes and scooters at the 2014 India Auto Expo next month, but it also plans to launch these products and set up an office in the country. The Japanese company will also showcase three-wheelers at the Auto Expo.

Source: http://www.indiancarsbikes.in/auto-news/terra-launches-kiwami-electric-superbike-coming-india-auto-expo-2014-81721/

Tuesday 28 January 2014

EQUIPMENT AVAILABLE FOR IMMEDIATE SALE IN INDIA

AVAILABLE FOR IMMEDIATE SALE



Location : India

1. P & H I Model - 5300 (300 Ton)
Mfg Yr. - 1990

2. GROOVE I Model - TM 875 (80 ton)
Mfg Yr. - 1979

3. Link-Belt I Model -LM 518 (9150 Ton)
Mfg Yr. - 1985

Contact : Mr. Mohit Kaushal : +91.9810360195

KOMATSU AVAILABLE FOR IMMEDIATE SALE!!!


1. Komatsu | Model- HD 465
no. of Units 3 | Mfg Yr - 2007 Dec
Avg HMR - 30,000+

2. Komatsu | Model- HD 465
no. of Units 5 | Mfg Yr - 2008 Jan-Feb
Avg HMR - 30,000+


3. Komatsu | Model - HD 785
no. of Units 7 | Mfg Yr. 2010
Avg HMR - 12,000

Contact : Mr. Mohit Kaushal : +91.9810360195

Investment of Rs. 500crore on CV development by Mahindra Trucks and Buses


Mahindra Trucks and Buses Ltd. plans to invest Rs.500Cr in 2-3years on developing products and strengthening of the line-up of commercial vehicles.
Of total, Rs300Cr will be in the development of a completely new platform for ICV as it offers a lot of opportunity and this segment is considered to bestow a promising future.

The present size of the market is around 1lakh units annually, which can grow up to 1.5lakh units.

The remaining Rs.200crore will be invested on strengthening the current product line-up of trucks and buses including the refurbishing of existing LCV’s.


At the Auto Expo, the company will also display TORRO 25 Tipper, LCV load product like Loading ZOOM Container Truck and Tipper and the Tourister COSMO bus.

Read more news? Click here

Sunday 26 January 2014

Auto Expo 2014 preview; expect glory at its best!


Looking at early signs, Auto Expo 2014 is expected to be the biggest auto show that India is going to witness in its history. In comparison to a figure of 40 in 2012, this year 47 vehicle manufacturers are going to participate. 69 model launches (58 in 2012) are anticipated along with 15 global unveilings; all this promises to make the petrol (and diesel) heads go drool. The venue area at India Expo Centre is 64,000 sq m which was 44,000 sq m in 2012.   


As the director general at SIAM, Vishnu Mathur is going to steer the auto show for the second time after he joined the apex auto industry body in 2010. Happening in Greater Noida for the first, this auto show is probably going to be the biggest bash for Rs144,000-crore auto industry. And, this certainly means that a big number is at stake for the man along with the sector. 

Thursday 23 January 2014

Isuzu Motors India targets 5,000 SUVs sale in 2 years


After introducing the Sports Utility Vehicle MU-7 in Kerela, Isuzu Motors India aims at a sale of 5,000 units per year in the upcoming two years. With a plan of getting its plant commissioned by 2016, the Japanese automobile maker targets at selling 50,000 units in a year.   

As per its manufacturing agreement with Hindustan Motors, the company gets the CKD kits of its sports utility vehicle MUV-7 and pick-up-truck D-Max assembled at the Thiruvallur plant in Chennai.

The Hyderabad plant of the company is probably going to be operational by 2015-16 and its capacity is likely to be 1 lakh to 1.2 lakh units.
 
While catering to the competitive to market scenario of Indian components in terms of price, Isuzu Motors will enhance the localisation content by 100 per cent.


Along with its current four showrooms in Chennai, Coimbatore, Kochi and Hyderabad, the company will increase the number to 10 with dealerships at Tirupati, Vishakapatnam, Maduari and Bangalore. Moreover, the plans are afoot to open 60 outlets by 2015-16, across India. 

Also read:

Auto expo 2014 expected to be the biggest

Wednesday 22 January 2014

Mahindra & Mahindra, all set to expand the Andhra Pradesh plant for LCV manufacturing


Mahindra & Mahindra (M&M) is on the verge of enhancing its product line to include light commercial vehicles (LCVs) in its manufacturing facility. With a total investment of Rs. 250 crore, the company will carry on the expansion plan in its Andhra Pradesh plant, located at Zaheerabad.

Aiming at 92,000 vehicles per year, M&M will produce four wheeler sub-one ton light commercial and passenger vehicle for which it seeks sops from government. Based on the automaker’s request along with State Investment Promotion Board recommendation, the government agreed on incentives but only on certain conditions.

According to company sources, M&M aims at enhancing its presence in the commercial vehicle arena of Indian automobile industry because of which it is going to focus on running the LCV, Truck and Bus business as a separate division.
   

Read more news at : http://economictimes.indiatimes.com/news/news-by-industry/auto/automobiles/mahindra-mahindra-to-expand-its-andhra-pradesh-plant-to-manufacture-lcvs/articleshow/29210937.cms

Monday 20 January 2014

SHRIRAM AUTOMALL- A HUB OF PRE-OWNED VEHICLES.


Automobiles are among the most recyclable and reusable product of engineered goods. Disposal of vehicles in a haphazard and unscientific manner has caught the attention of society and has increased the demand for used vehicles. Another reason for preferring pre-owned vehicles is the price consciousness. Buying a brand new vehicle may sound interesting but it’s hardly possible for everyone to acquire one due to highly priced factor. This automatically elevates the demand for used or pre –owned vehicles.

With the same look, redefined style and softer prices used vehicles segment has emerged out to be a catalyst. Indeed society has dramatically altered as they accept and realize the true worth of used vehicle segment in their life.

Certainty of sale, fairness in deal and complete transparency in business transaction are some of the basic features that buyer expects when striking a deal of pre-owned vehicles. Although market is imbibed with thousands of sellers of used vehicles but one needs to make a right choice while selecting the right owner of pre-owned vehicle which is a difficult task.

Second hand vehicles facilitate buyers with wider access and more choices and assured lower operating cost.

SAMIL set the impetus for the owners to dispose off their asset and at the same time, empowered the small fleet owners to fuel their entrepreneurial ambitions by acquiring the pre owned vehicles.


SAMIL has build a reliable bond with its customers by providing them opportunities to make their life easy going. SAMIL makes sure to come up with more plans and innovations and aspire to serve better with every passing day. SAMIL organizational motive is not only to make business but to diversify the transportation system of India in an effective manner.

Click here to know more.

Tata Motors reveals new petrol engine


Tata Motors Ltd. is all set to launch new series in its petrol engines, which is likely to power a few of its future cars. While catering to the change in consumer preference for fuel, the company revealed its new series’ first variant on Monday.   

Due to government’s go ahead on increasing diesel prices, the gap between diesel and petrol price is diminishing; thus generating demand for petrol cars.

The company is going to use the latest 1.2 litre turbocharged engine in its compact vehicle. Some of them are likely to be unveiled later this year. 

Read more news, kindly click here
   

Sunday 19 January 2014

Corolla Altis’ production came to a halt; Toyota all set to launch a newer version

Toyota Kirloskar Motor has brought the production of Corolla Altis to a halt from January, 2014. After making a mark in many countries, the company is all set to give a newer version of the car in next 4-5 months. Its production will take place at the company’s second plant, located in Bangalore, which can produce upto 2.1 lakh units per year.   
   
As per industry sources, Corolla Altis’ new version is expected to be powered by the existing 1.8 litre petrol along with some more features. On the other hand, the diesel variant is probably going to be extra powerful in comparison to the current 1.4 litre one. The first look of the car is likely to be showcased in the upcoming Auto Expo in New Delhi.  

Friday 17 January 2014

Honda to unveil crossover study model Honda Vision XS-1 at Auto Expo

Japanese auto major Honda will showcase a range of products, including the global unveiling of study model of a new crossover - Honda Vision XS-1, a study model of a new crossover model which features sporty styling and outstanding utility space based on Honda's unique packaging technologies,, at the upcoming Auto Expo.

It will also showcase production models, including the 4th generation all-new City and the compact sedan Amaze equipped with advanced i-DTEC diesel engine.

Other production models on show will also include the hatchback Brio and sports utility vehicle CR-V.

The Auto Expo will be held at the India Expo Mart in Greater Noida. While February 5-6 will be press days, public days are from February 7-11.

Read more at: http://economictimes.indiatimes.com/news/news-by-industry/auto/automobiles/honda-to-unveil-crossover-study-model-honda-vision-xs-1-at-auto-expo/articleshow/28945577.cms

Thursday 16 January 2014

INDIA RATINGS: Auto sector maintained a stable to negative outlook


The financial profile of most industry players is strong despite all segments displaying a year-on-year (y-o-y) decline in sales volumes during April-December 2013.

It has been believed that the low leverage (net adjusted debt/EBITDA) of most auto original equipment manufacturers (OEMs) gives them the financial flexibility to maintain the ongoing economic downturn. However, OEMs with limited product and geographic diversification could face further credit profile weakening.
Commercial vehicles (CV) segment is expected to post a 6%-9% y-o-y decline in domestic volumes in 2014-15. Most truck fleet operators are likely to defer investments in new vehicles at least till the first half of 2014-15 as there is decline in their operating margins.

Volume growth in passenger vehicles, UVs and MPVs will decline 3%-8% y-o-y in 2014-15 due to the rising cost of ownership and shrinking discretionary spending power of the average consumer.


Further,a capacity addition of 1.6 million units and 0.2 million units is expected over 2013-14-2014-15 in PV and CV segments, respectively.This is likely to result in capacity utilization falling to 45%-47% in 2014-15 for PVs from around 54% estimated for 2013-14. The capacity utilization would decline to 35%-37% in 2014-15 from an estimated 40% in 2013-14 for CVs.


Wednesday 15 January 2014

Auto expo 2014 expected to be the biggest



The twelfth edition of the expo is intended to be of much advanced scale, both in terms of the size of the venue and launches. The event will see launches of over 70 vehicles, 15 of them being global launches.

The activities features safety driving, stunt driving, simulator and ride-on electric vehicles. Over 70 passenger cars, utility vehicles, two-Wheeler and commercial vehicles are listed for launch at the expo, much higher than 47 launched during the last edition. The participation of automobile makers has increased from 35 to 47, making it the largest auto show ever hosted in the sub-continent.

Auto Expo 2014 The Motor Show Schedule, Date, Timing
Wednesday, 5 February, 2014 (Exclusive For Media)
Thursday, 6 February, 2014 (Opening Ceremony (Morning), For Media and Dealers Only)
Friday, 7 February, 2014
Saturday, 8 February, 2014
Sunday, 9 February, 2014
Monday, 10 February, 2014
Tuesday, 11 February, 2014
Business Hours
1000 Hrs – 1300 Hrs
General Public Hours
1300 Hrs – 1800 Hrs

Auto Expo 2014 The Motor Show Entry Fee, Tickets
Price of Auto Expo 2014 will display soon previous year it was Rs 100 per entry and prebooking of tickets for Auto Expo 2014 will soon available online (provide link soon) and also available on entry gate of India Expo Mart and also on some Metro Station during expo

Auto Expo 2014 The Motor Show Organizer
Automotive Component Manufacturers Association of India
Society of India Automobile Manufacturers
Confederation of Indian Industry

Auto Expo 2014 The Motor Show Inquiry
Society of Indian Automobile Manufacturers
Core4-B, 5th Floor
India Habitat Center, Lodi Road
New Delhi-110 003, India.
Ph :+91-11-24647810-12
Fax : +91-11-24648222
Email: ae2014themotorshow@siam.in

Auto Expo 2014 The Motor Show Participant Company, Exhibitor
Access Matrix Technologies Pvt. Ltd.
Ashok Leyland Ltd.
Audi India.
Bajaj Auto Ltd.
BMW India Pvt. Ltd.
DSK Motorwheels Pvt. Ltd.
Fiat Group Automobiles India Pvt. Ltd.
Force Motors Ltd.
Ford India Pvt. Ltd.
General Motors India Pvt. Ltd.
Goldstar Motors.
H-D Motor Company India Pvt. Ltd.
Hero MotoCorp Ltd.
Honda Cars India Ltd.
Honda Motorcycle and Scooter India (P) Ltd.
Hyundai Motor India Ltd.
India Yamaha Motor Pvt. Ltd.
Indo-German Chamber of Commerce
Isuzu Motors India Private Ltd.
JMD Transinfo Pvt. Ltd.
Lohia Auto Industries
Lovely Professional University
Mahindra & Mahindra Ltd.
Maruti Suzuki India Ltd.
Mercedes-Benz India Pvt. Ltd.
MIT Institute of Design
Nissan Motor India Pvt. Ltd.
Paracoat Products Ltd.
Piaggio Vehicles Pvt. Ltd.
Renault India Pvt. Ltd.
Shriram Automall India Ltd.
Skoda Auto India Pvt. Ltd.
SML ISUZU Ltd.
Suzuki Motorcycle India Ltd.
Tata Motors Ltd.
Toyota Kirloskar Motor Pvt. Ltd.
Triumph Motorcycles (India) Pvt. Ltd.
TVS Motor Company Ltd.
VE Commercial Vehicles Ltd.
Volkswagen Group Sales India Pvt. Ltd.
Volvo India Pvt. Ltd.
- See more at: http://indiaexpomart.blogspot.in/2013/10/12-auto-expo-2014-entry-ticket-schedule-timing-inquiry-facebook-participant.html#sthash.NNZKo9wA.dpuf

Tuesday 14 January 2014

Tips on Buying Used Construction Equipment

Used Construction Equipment
Over the years, economy has played a substantial role in shaping the ownership pattern of construction equipment. While avoiding the purchase of new equipment, various contractors have been depending on their existing equipments by embellishing them with consistent repairs. Used construction equipment have also been in trend due to the same reason. Unlike new equipments, used construction machinery is not solely backed by brand name to justify its purchase. There are various other factors that need to be considered while purchasing used equipment in India. Let’s take a look at them.    
·         Check working state of engine
It is very common amongst the sellers to serve their used heavy equipment with non-working state of its engine. Never believe their words. Always test the engine of used construction equipment before making a purchase and do not accept it in non-working state.  
·         Look for leaking fluids
Before you make the final decision, make sure the cylinders and backhoe loader are in good shape. Check for the arms or hoses as well.
·         Take a look at the service records
Service records help you in knowing the condition of the used construction equipment better. They are capable of justifying the good words of the owner regarding his/her used heavy equipment.
·         Check welds on the used machinery
Used heavy equipment is generally beaten up constantly till the time it breaks. After that it is welded. Always remember that a weld can never be as strong as the real steel. Hence, look for that as well.

“While incorporating transparency and credibility in every deal, SAMIL has successfully shaped its business in the arena of used construction equipment. By giving utmost importance to the needs and aspirations of its patrons, the company has built a strong bond with them.” – Mr. Sameer Malhotra 

Monday 13 January 2014

MSTC desires to build a vehicle shredding plant



To create a vehicle shredding plant, Metal Scrap Trading PSU MTSC has asked Indian government for approval. With a total investment of Rs. 120 crore, the plant is expected to set up in Gujarat.

Currently, India depends on US, UK and other nations for catering to the needs of its automobile industry. Around 9 millions tones of vehicle scrap are imported every year, which are recycled into world-class autograde products.  In order to meet the raw material needs of the country, MSTC plans to build a shredding plant for recycling used vehicles and seeks permission for a plant with a capacity of 80 tonnes per hour from the Ministry of Finance.

India needs minimum 25-30 plants to fulfill the requirements of the domestic industry and the much-anticipated MTSC plants will also pave way for private sector to venture into the field.

Mercedes Benz India Expects To Unveil 8 New Cars In 2014

Mercedes, which entered the Indian market in 1995, is all set to have its 50,000th car on the Indian roads later this month. 2013 being the most successful year for Mercedes Benz in India with total sales of 9,003 cars, the company aims at double digit growth in 2014.



This year Mercedes Benz plans to launch about eight new products in India. The company also expands network presence in smaller cities in different parts of the country. 

Read it at : http://timesofindia.indiatimes.com/business/india-business/Expect-to-launch-8-new-cars-in-2014-Mercedes-Benz-India/articleshow/28702110.cms

Friday 10 January 2014

Auto Industry Review

The domestic sales during April-December 2013 grew slightly by 2.30% over the same period last year due to growth in two wheelers sales. In December 2013, the Auto Industry registered a growth of 2.15% by producing 1,734,593 vehicles.




Wednesday 8 January 2014

Boss - a CV launched by Ashok Leyland; Mercedes-Benz came up with latest version in S-Class luxury sedan


The flagship company of Hinduja, Ashok Leyland, launched a LCV named BOSS ranging between Rs.10.5 to 12 lacs.

 It contains the features of both passenger car and commercial-purpose truck.  Boss is manufactured at ALL’s plant in Pantnagar, Uttarakhand and will be available in the LX and LE variants.

On the other hand, Mercedes-Benz launched the latest version of the S-Class luxury sedan. Being introduced for the first time in India, the car is priced at Rs.1.57 crore. As per the company sources, initially it will be sold as a completely built unit and later as the locally-assembled product.

Read more at: http://economictimes.indiatimes.com/news/news-by-industry/auto/automobiles/ashok-leyland-launches-commercial-vehicle-boss/articleshow/28554363.cms

Tuesday 7 January 2014

Shriram Life – Launching 7 New Products

Today Shriram Life Insurance Company, a division of Shriram Group, launched seven new products, belonging to the life insurance segment in market.



As per the words of company’s CEO, Mr. Manoj Jain, four products out of seven are market-linked, whereas the remaining three belong to the traditional product category. While serving better value proposition with respect to better death benefits and higher surrender value, Jain told, the new products score high on their customer-friendly factor. According to him, these products fulfill the new guidelines of Insurance Regulatory and Development Authority.
While answering a query, he informed that three to four new products are with IRDA for approval. After the launch, the company now has 13 products to offer to its customers. 

Monday 6 January 2014

How to Buy a Used Bike


Buying used bikes in India can be an extremely risky task for people, with little knowledge on the trends in automobile industry. This kind of information always results in deals, highly inclined towards looks. After getting attracted to the good looking pre-owned bike, people hardly look at the other aspects to be kept in mind while buying a second-hand bike. But, this practice is not fruitful to spend a long time with a used bike. Apart from the appearance, one should also consider its other aspects that contribute in its better performance.  
This first criterion in the selection of a pre-owned bike is to look at the condition of its various parts. If you have to get it repaired after the purchase, it will result in a completely non-profitable deal. So, look out for the buckled wheels, bent cranks or worn tyres before buying your second-hand bike as they require a big pocket for repair.
A bike, suspected to be stolen, always results in criminal dealings. This mean, if you buy such second-hand bike it will be considered as a crime. Hence, before you make a purchase of used bike, do proper research on its history.
To measure the condition of a second-hand bike, check the state of its tyres, wheels, brakes, headset, chain, chainwheel, sprockets, pedals, handlebars, saddle, and many more. This will certainly help you in deciding the total worth of that bike. Also, it will serve as a base for deciding if that particular used bike is worth buying or not.

In order to serve excellence in the automobile industry, Shriram Automall India Limited (SAMIL) has always offered quality options in its every segment. The close association of some incredible names in the industry has always paved way for serving credibility in the form of pre-owned bikes.


“While walking steadily towards a single destiny of immense growth, we have followed the road of transparency and authenticity. And, this is how we aim at diversifying ourselves in the automobile industry” – Mr. Sameer Malhotra

Pre-Owned Bikes - The Perfect Option for an Economical Dream

Pre-Owned Bikes – The Perfect Option for an Economical Dream


Biking is the most essential aspect of every man’s life. In a market flooded with various brands, people mostly hunt for the most expensive and attractive options in bikes. But this choice requires a huge pocket to get transformed into a purchase. That is why everyone cannot afford the dream of a good-quality bike. In such a scenario, second-hand bikes come for a rescue. Used bikes are a perfect option to welcome your dream bike in your yard and embrace its experience with a wild ride.   

The pre-owned bikes segment of the automobile industry is also flooded with various brands. However, before purchasing a second-hand bike, it is essential to keep certain points in mind like, model, year, type, condition, engine size, mileage and year.

In comparison to a new bike, the purchase of a used bike is more beneficial. It saves a huge amount of your money, which can be further invested in the purchase of some special accessories; thus embellishing your second-hand bike further. One can also negotiate better while buying a used car as it serves a great scope for making a purchase at lower prices.

New media has eventually evolved as an amazing platform for the trade of pre-owned vehicles. With a plethora of options in brands to choose from, this medium is considered to be an authentic source of gaining any information regarding second-hand bikes. Though one can also visit the market to buy such bikes, but it is difficult to end up with an experience which is as convenient as in the case of online.


With world-class services Shriram Automall (SAMIL) serves the most credible options in its second-hand bikes segment. While holding the hands of esteemed manufacturers, the company has always showcased quality pre-owned bikes on all its bidding platforms.  

Sunday 5 January 2014

Hike in petrol and diesel price by 75p and 50p, respectively

India is on the verge of witnessing a hike in petrol and diesel prices. The alterations in the prices came to effect from January 4, 2014. Now, the cost of petrol in Mumbai will be Rs 79.52 per litre and for diesel, it will be Rs 61.42.  


The major reason for the increment is because of the Government’s decision to raise the commission, paid to petrol pumps.

Visit here at https://www.facebook.com/ShriramAutomall for daily news.

Friday 3 January 2014

New Media – A Revolution in the Trade of Used Cars

With the growing prominence of new media, trading of used cars in India has enhanced its horizon to a great extent. The online platform is flooded with various products to facilitate their business. Used car is one such product in the clutter, which has a huge potential market online.
Any form of trade in pre-owned cars should be backed by a deep research. In order to sell or buy this kind of vehicle in a profitable manner, it is essential keep a track of market trends before striking a deal. Along with the financial aspect, there are various other things to be kept in mind while buying a used car online. To ensure its good quality, always go for a test drive before making a purchase.
Through the most unmatched business solutions, Shriram Automall excels in the trade of used cars online. While keeping its motto intact, the company always serves credibility and transparency in its services. 

Thursday 2 January 2014

Auto Loan Rates – New Vs Old Cars

As per the market sources, interest rates on loans for new and used cars remained same for another week. The rate of loan for a 60-month new car is still 4.22%, whereas a new car with the age of 48-month and 36-month had the rate of loan at 4.13% and 4.03% respectively.

The scenario remained the same in case of used cars in India loan rates, with the average 36-month loan staying at 4.72% and the average 48-month loan remaining at 4.73%.
Visit SAMIL on Facebook.

Wednesday 1 January 2014

RANDOM COMPANIES REVIEW FOR DECEMBER 2013

  • VE Commercial Vehicles, a 50:50 JV between the Volvo Group and Eicher Motors, reported 30.38% decline by selling 4,032 units in the same month of previous year.
  • Toyota Kirloskar Motor reported 12.21% decline in its total sales at 12,622 units in December.
  • Ashok Leyland, Tata Motors and Volvo are in the race for an Rs.450Crore order for supply of about 1,500 buses to the Andhra Pradesh State Road Transport Corporation.
  •  Mahindra & Mahindra reported 15% increase in total tractor sales at 17,037 units in December.
  • Maruti Suzuki India stated 4.4% decline in its total sales at 90,924 units in December 2013.
  •   General Motors India reported 19.27% drop in sales in December 2013 at 5,705 units.
  • Suzuki Motorcycle India had a successful year 2013, registering more than 10% M-o-M growth in sales.