Globally, India is the largest consumer and exporter of three wheelers, having registered growth in both domestic sales and exports in the last decade.
Dealer Council of BMW Group India has objected to Managing Director, BMW Financial Services India, Dr. Stefan Schlipf’s arrest. He is closely associated with BMW India Dealers since his appointment in his current position since 14 April 2013, and has now has been released on bail.
Ford India has inaugurated its 4th parts distribution centre in Kolkata, after Chennai, Mumbai and Delhi. It’s regional parts warehouses enhance Ford’s pan India reach for quicker spare parts distribution commitment to improve service efficiency.
As Hyundai India prepares for new gen i20 launch, as expected, current model is slowly and surely becoming unavailable at dealerships here. What can be termed as stock clearance now entails a discount of Rs 19,000 on top end Hyundai i20 Asta diesel, and Rs 22,000 on petrol Asta.
Pune’s Shivang Technocrats has signed a strategic alliance with Sweden based Lareda Mekan AB to manufacture automotive products (pedal assemblies, Fuel filler necks, sheet metal components, integrated seat frames and more). Key focus will be on development of wide ranging products for automotive OEMs and other European clients present in India and overseas.
Escorts Limited has signed a preferred financier agreement with L&T Finance for loans to tractor customers in India through its LTF network, making finance easily accessible.
Lamborghini Huracan set hearts fluttering at Geneva Auto Show 2014 and was expected to be in India in Q3. True to it’s word, Lamborghini has now landed India’s first Huracan LP 610-4. The RHD Huracan LP 610-4 was snapped getting ready to make its showroom journey after reaching an airport.
Manchester United plays its Chevrolet Cup match against L.A. Galaxy tomorrow at Rose Bowl in Pasadena, California. It’s the first time the team will wear its new Chevrolet-branded shirt.