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Maruti's Manesar plant GM(HR) burned to death, 91 workers arrested; government says business confidence intact

Jul 19, 2012 at 20:51 | Source: Economic Times

MANESAR: Maruti Suzuki's General Manager Human Resources was burned to death in the violence in its car plant here allegedly triggered by workers yesterday for which 91 workers were arrested. A tense calm prevailed today as the plant was shut followi...

Violence has implications beyond one company, region: Maruti

Jul 19, 2012 at 19:15 | Source: DNA India

Maruti Suzuki on Thursday attributed yesterday s violence at its plant here to an orchestrated act of mob and said such acts of violence have implications beyond one company or region. They are negative trigger for existing companies and regions acro...

Violence has implications beyond one company, region: Maruti Suzuki

Jul 19, 2012 at 17:31 | Source: Economic Times

MANESAR: Maruti Suzuki today attributed yesterday's violence at its plant here to an orchestrated act of mob and said such acts of violence have implications beyond one company or region. "They are negative trigger for existing companies and regions...

Bajaj Auto stock skids ahead of AGM

Jul 17, 2012 at 19:06 | Source: The Hindu BusinessLine

Coimbatore, July 17: The Bajaj Auto stock was under some selling pressure, losing about 2.7 per cent or Rs 40 a share today. All eyes are on the AGM, slated for Wednesday, as investors await the company’s outlook for the fiscal. What could be ...

Triumph seeks land near KolarCompany to invest Rs 850 cr on plant with a capacity of 500,000 high performance motorcycles

Jul 13, 2012 at 00:56 | Source: Business Standard

After the Japanese two-wheeler major, Honda Motorcycles and Scooters India (HMSI), the iconinc British motorcycle brand Triumph Motorcycles has chosen Karnataka for its manufacturing plant. The company has sought 30 acres at Narasapur, about 52 kms f...

Honda Motorcycle and Scooter India to maintain sales growth momentum this year

Jul 11, 2012 at 14:28 | Source: Economic Times

COIMBATORE: Honda Motorcycle and Scooter India (HMSI) would maintain its sales growth this fiscal despite the general slowdown in the two-wheeler segment, a senior company official said today. HMSI, which registered a 30 per cent increase in sales d...

HMSI to maintain sales growth momentum this yearThe company is expanding its footprint in the semi-urban areas in a big way

Jul 11, 2012 at 03:32 | Source: Business Standard

Honda Motorcycle and Scooter India (HMSI) would maintain its sales growth this fiscal despite the general slowdown in the two-wheeler segment, a senior company official said today. HMSI, which registered a 30% increase in sales during 2011-12 with sa...

Car sales up 8% in June, Maruti leadsMotorcycle sales grew 6.58% during June this year to 8.79 lakh units from 8.25 lakh units in the same month last year

Jul 10, 2012 at 22:22 | Source: Business Standard

Driven by market leader Maruti Suzuki India, car sales in the country grew 8.28% to 1,55,763 units in June 2012 amid tough market conditions. According to figures released by the Society of Indian Automobile Manufacturers (SIAM) today domestic car sa...

Car sales up 8.28 pc in June; Maruti Suzuki India leads

Jul 10, 2012 at 20:16 | Source: Economic Times

NEW DELHI: Driven by market leader Maruti Suzuki India, car sales in the country grew 8.28 per cent to 1,55,763 units in June 2012 amid tough market conditions. According to figures released by the Society of Indian Automobile Manufacturers (SIAM) to...

Honda Motorcycle launches Dream Yuga in Coimbatore

Jul 10, 2012 at 17:32 | Source: The Hindu BusinessLine

Coimbatore, July 10: Honda Motorcycle Scooter India Pvt Ltd (HMSI) expects to commission its third manufacturing unit in Karnataka early next year. The new unit would take its two-wheeler manufacturing capacity to more than 40 lakh units annually, a...

Metro Tyres plans Rs 100 crore capex including a greenfield plant

Jul 08, 2012 at 07:12 | Source: Economic Times

NEW DELHI: Ludhania-based Metro Tyres plans to invest Rs 100 crore over the next five years to double its production capacity and also set up of a new greenfield manufacturing facility, a top executive said. Metro Tyres MD Rummy Chhabra said, "The R...

Mahindra Mahindra ready for long haul in two-wheeler business

Jul 06, 2012 at 02:57 | Source: Economic Times

PUNE: For the first time, Anand Mahindra, chairman designate and managing director of Mahindra & Mahindra, has openly dwelt on the failure of Stallio, the first motorcycle offering from Mahindra Two Wheelers. Withdrawing Stallio from the market has ...

HMSI to open 500 dealers in FY13; eyes sale of 27.5 lakh units

Jul 06, 2012 at 02:57 | Source: Economic Times

CHANDIGARH: Two wheeler company Honda Motorcycle & Scooter India (HMSI) today said it would expand its network by opening 500 dealers and sub-dealers in tier-II and tier-III cities as company is eyeing 30 per cent growth in sales in current fiscal. ...

Metro Tyres to invest Rs 100 crore in 5 years to strengthen business

Jul 05, 2012 at 08:42 | Source: Economic Times

NEW DELHI: Metro Tyres today said it will invest Rs 100 crore over the next five years to strengthen its business in the country, including setting up of a new manufacturing facility. The company is also considering to foray into passenger car tyre ...

Metro Tyres unveils new visual identity

Jul 04, 2012 at 17:22 | Source: India Infoline

Metro Tyres Limited, one of the leadingmanufacturers and exporters of two wheeler tyres in India, unveiled a new logoalong with a new advertisement campaign. The new identity is designed toprofile Metro as a company that understands youth aspiration...

WheelOCity: Riding his dream

Jul 04, 2012 at 10:16 | Source: DNA India

A car enthusiast since childhood, Manoj Lalwani quit his thriving practice as an advocate andventured in the automobile industry. With the help of his family owned company, V J Automobiles that dealt in two wheelers, he set up Ritu Automobiles to cap...

Honda Motorcycle Scooter India touches 10 million cumulative sales mark in India

Jul 04, 2012 at 04:22 | Source: Economic Times

MUMBAI: From achieving its 1st million mark in five years to achieving the last 10th million in just 5 months, Honda Motorcycle & Scooter India (HMSI) has grown to meet increasing customer demand in India, the world's second largest two-wheeler marke...

Women ride scooters back onto Indian roads

Jul 04, 2012 at 04:22 | Source: Economic Times

Chennai: Six years ago, India's two-wheeler market was dominated by motorcycles , whose share came to 84%. Now, that pie has significantly reduced to 75%, with scooters making a comeback on Indian roads. Most of this growth is being driven by an unl...

HMSI touches 10 million cumulative sales mark in IndiaThe company said it is poised to reach 4 million annual production capacity by 2013

Jul 03, 2012 at 23:57 | Source: Business Standard

Honda Motorcycle Scooter India (HMSI) today said it has touched the 10 million units milestone in cumulative sales of two-wheelers in the country. From achieving its first million mark in five years to achieving the last 10th million in just five mon...

Diesel cars provide relief to manufacturers

Jul 03, 2012 at 04:56 | Source: The Hindu BusinessLine

Poor demand on the back of a negative market sentiment has led most carmakers to post sluggish growth in June, as compared to the same month last year. The continuation of the slowdown seen since April has been attributed to the high interest rates,...

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