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India's Competition Commission has fined 14 automakers a total of $420 million for restricting competition in the spare parts market and driving up prices. The action followed a similar move by Chinese regulators.
Read More →Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Daimler India Commercial Vehicles Pvt. Ltd. (DICV), its strategic counterpart under the new Asia Business Model, have announced senior-level changes. The changes are expected to take place in the next few weeks.
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Tata Motors’ commercial vehicle division launched an intermediate and light commercial vehicle (ILCV) range of trucks named ULTRA with superior technology and design.
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Tata Motors has announced that SVLL Connect Pvt. Ltd., a road transportation company, has placed an order of 2,000 passenger vehicles, spanning one year.
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Covering more than 60 countries on all six of the inhabited continents, the 2014 directory is a comprehensive overview of the global fleet market. Click on the headline above for a link to the digital edition that includes all countries.
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The Indian car market, which saw some encouraging growth in the first half of 2012, slowed down in the second half of the calendar-year. Sales for 2012 were 2.75 million compared to 2.51 million in 2011; however, January 2013 saw a negative growth of 3 percent over January 2012.
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Tata Motors has launched the all-new Aria featuring a new 2.2L VARICOR engine, with a powerful output of 150PS and a high low-end torque of 320Nm for better pick-up and quick response, returning a fuel efficiency of 15.05km/liter (ARAI certified).
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Tata Motors said it is preparing to launch a new small commercial vehicle (SCV) in the next few weeks. The new vehicle is to be positioned between Ace and Super Ace, Tata’s mini and pick-up trucks respectively.
Read More →Global automotive growth was seen in the passenger car markets in Western Europe (+6 percent) and Japan (+19 percent), while, in China, demand for passenger cars recorded a double-digit increase (+22 percent).
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Nissan is reintroducing the Datsun brand into four global markets including India and Russia nearly three decades after producing the last Datsun-branded vehicle.
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