In August it was reported Chevrolet is the 4th largest brand in Kerala, moving up from 6th place from the year earlier. The automaker’s market share stands at 5.6% YTD in the state, which makes Kerala a well performing state for Chevrolet India, as well as, their dealers.
Honda and Maruti Suzuki rank highest with Hyundai, Mahindra and Toyota tied at 2nd, J.D. Power Asia Pacific Report
Automobile buyers in India are no longer only heading for the showrooms and are instead incresaingly looking for used vehicles as per a recent study conducted by J D Power Asia Pacific 2013 India Sales Satisfaction Index Study.
Mahindra & Mahindra Ltd continues to be dealt a serious blow with auto sales numbers for August 2013 at 37,897 units as against 45,836 units in August 2012. This equates to 17% sales decline for the month gone by.
Automaker, Mahindra & Mahindra, leaders in production of small and medium commercial vehicles in the country have announces that their small commercial vehicle portfolio has crossed the 12 lakh mark.
Mahindra, India’s leading utility vehicle and tractor makers have announced the setting up of a new plant. Investments to the tune of INR 10,000 crores over next three years have also been planned with a major part being directed towards this new plant as well as towards R&D facilities and future developments.
The K.C. Mahindra Education Trust has announced the results of the F-14 K. C. Mahindra Scholarships for Post Graduate Studies Abroad. Three K.C. Mahindra Fellows will receive an interest free loan scholarship of Rs. 8 lakh each, while another 50 candidates will receive an interest free loan scholarship of Rs. 2 lakh each.
Bajaj RE60 quadricycle can see competition from Polaris, Mahindra, Piaggio, Tata Motors, and Kinetic
Following the Indian Government’s approval for quadricycles for commercial transportation in the country, Bajaj Auto is the first manufacturer to showcase their quadricycle named Bajaj RE60. Manufactured from the company plant in Ahmedabad, the vehicle will be used for intra city transport only.
Tata Motors Prolife on World Environment Day, World Anti-Counterfeiting Day Mahindra and Tata initiatives
Tata Motors Prolife a special service facility for reconditioning of engine long blocks, aggregates and vehicle parts which will go a long way in enhancing performance of the vehicle has been launched on the occasion of World Environment Day, and is being offered to commercial vehicle customers.
Mahindra Nashik plant production unaffected as Union leaders fast unto 6th day. The wage agreement expired in February and union leaders are urging the management of M&M to renew this agreement with some terms and conditions attached which has not found favor with the hierarchy yet.