NEW
DELHI, JULY 25 : MARUTI Suzuki India net profit in Q1FY'11 was Rs 4,654
million, against Rs 5,835 million in Q1FY'10. The company registered net sales
of Rs 80,507 million during the first quarter of 2010-11, a growth of 27 per cent
compared to the same period of the previous year.
According
to company sources, the drop in net profit is due to higher commodity prices,
increase in royalty and lower other income. In addition, income from
exports to Europe fell due to weakening of the Euro.
During
the quarter, the company posted total sales of 283,324 units, representing 25
per cent growth. This included export of 40,437 units, a 38 per cent growth over
the same period of the last fiscal. The companys domestic sales volume grew
by 23 per cent to 242,887 units The Company launched a new WagonR (a full model
change) during the quarter.
The
company's volume in the domestic A2 segment grew by 16.2 per cent during the quarter,
while in the C segment, sales volume grew by 50.8 per cent, aided by the success
of Eeco. The Companys sales volume in the A3 segment grew by 45.2 per cent,
compared to sales in April-June 2009.
During
the quarter the company's sales network grew to 828 outlets covering 577 cities
(end- March 10: 802 outlets, 555 cities). The service network increased
to 2,771 service outlets covering 1,342 cities. (end -March 10: 2,740 outlets,
1,335 cities) .(editor@thesynergyonline.com)
MUMBAI,
JULY 16 : TATA Motors today said that with its 250,000-unit/year Sanand plant
becoming operational ahead of schedule, the company will speedily ramp up production
of the Tata Nano. Accordingly, the company has begun intimating retainee-customers
that their cars are coming up for delivery. This is the final step, before the
company opens up sales of the Tata Nano.
Retainee-customers
are those who had retained their booking with the company though not selected
among the first allottee-customers from out of the booking process of 2009. Despite
a steep increase in input prices, their Tata Nanos are being priced only three
to four percent higher, depending on the model, than the price announced at launch.
The
terms and conditions of booking had provided that the applicable price of the
car for a retainee-customer would be notified at the time of delivery. Also, as
announced at the booking, they have received interest on their deposit.
The
allottee-customers, still awaiting delivery, will get their cars at the same price
as announced at launch on March 23, 2009. Tata Motors would like to reward the
loyalty of the allottee-customers for bearing with the company through a prolonged
period of delivery, given the capacity constraints till the Sanand plant became
operational.
As
a gesture of goodwill and gratitude, the company has announced for them a choice
among a one-year free annual maintenance contract (AMC), or free accessories worth
Rs.4000 or an extended warranty. With the ramp-up at the Sanand plant, customers
desirous of the car will soon be able to freely purchase the Tata Nano.
(editor@thesynergyonline.com)
PUNE
, JULY 15 : BAJAJ Auto , India's two- wheeler giant, has added more punch
to its Pulsar 135 Light Sports. The new Pulsar 135 LS sport's a snazzy rear mud
guard that adds to the overall sportier look. The new model showcases an all black
engine and a half chain casing to further enhance the looks of the already stylish
Pulsar 135. In addition, an O-ring sealed chain has been added for lower maintenance.
The
company has incorporated these enhancements at a time when the Pulsar 135 LS has
achieved the most coveted second largest selling performance brand in the country.
Its chiseled lines, aggressive stance, sporty split seat, aluminum clip-on handle
bars and a host of other features has made the Pulsar 135 LS a huge hit amongst
the college going youngsters.
Brought
into the market with the original thought of being a riders' delight, this light
sports vehicle revolutionized the way sports biking is perceived in India. The
bike sells at Rs. 53,000/- ex-showroom Delhi.
Mr.
Milind Bade, GM Marketing, Bajaj Auto Said: "The Pulsar 135 LS has been a
runaway success ever since its launch. Based on customer feedback we have introduced
these features in the bike that would further enhance its appeal. We are confident
that the customers will appreciate the new offering even more so as these come
at no extra cost."
(editor@thesynergyonline.com)
NEW
DELHI, India/ Regensburg/Shanghai, JULY 08 : AS part of strategy to play an
important role in shaping these global megatrends of environmental and low-cost
vehicles , the Interior division of Continental has developed a new control unit
.. The control unit makes it possible for vehicle manufacturers to offer even
models in the ultra-compact category with an automatic start-stop system within
very short development time.
When
the vehicle is at a standstill, for example in a traffic jam or at traffic lights,
the engine is automatically switched off and then restarted within a few fractions
of a second when the driver wants to move off again. As a result, the company
expects everyday fuel consumption in major cities to be reduced by as much as
15 percent.
With
affordable components for start-stop systems the company makes savings possible
even in ultra-compact cars. Cars in the lower price segment are in particularly
great demand in booming developing countries such as India or China. Here, the
particular challenge is to achieve quick and efficient reductions in consumption
and therefore also pollution emissions.
The
components for start-stop systems for vehicles in the lower price segment represents
the company's response to the efforts being made in many developing countries
to combine mass mobility with the most frugal possible use of natural resources.
It is not for nothing that new pollution emissions limits are being discussed
in many of these countries. For example, India is currently considering whether
to launch a special vehicle registration as a means of promoting sales of particularly
low-consumption cars from 2011 onwards.
The
heart of the components from Continental is the new engine start-stop (ESS) control
unit which groups together all the relevant functions. It is based on the Basic
Function Controller presented in May 2008, and makes it possible to switch off
the engine automatically even in cars that do not have elaborate engine control
units or data networks.
To
do this, all that is needed is the start-stop control unit itself, an intelligent
battery sensor (IBS) as well as a signal from the clutch and gearbox to ensure
that the engine is only switched off when idling and is restarted in just a few
fractions of a second when the clutch pedal is pressed. For vehicles with convenience
electronics that draw power, THe company also offers a DC/DC converter in order
to balancing voltage dips from occurring when the engine is started: infotainment
systems such as the radio, satellite navigation or instrumentation can therefore
continue to operate without disruptions.
One
particular advantage of the solution is its short development time. All relevant
functions are combined in a single control unit, so there is no need to modify
the engine ECU or gearbox ECU. This reduces complexity and makes it possible to
start series production sooner. The new control unit is going to enter series
production in 2010 at its first Asian vehicle manufacturer. As well as the speed
and flexibility of adaptation,
Despite
the fact that the new ESS control unit can be adapted to different vehicle models
at short notice, and has been designed above all for use in cars in the lower
price segments, the driver will not notice any difference between it and comparable
systems in higher category models: the levels of comfort, functional reliability
and the potential for fuel savings are identical. Therefore, the engine start-stop
control unit from Continental is not just for developing countries. After all,
the new system from Continental can also be quickly and cost-effectively integrated
into compact cars or low-cost, large volume models from vehicle manufacturers
in Europe and the USA.
An
automatic start-stop system offers vast savings potential. Using it, average consumption
reductions of up to 10 percent have been measured in the various standard and
test cycles used in Europe, the USA, China or India. Significantly , greater consumption
benefits can be achieved in everyday driving. After all, traffic jams and delays
are part and parcel of urban life in continuously growing megacities such as Delhi,
Shanghai or São Paulo.(editor@thesynergyonline.com)
Thesynergyonline
Automobile Bureau
NEW
DELHI, JULY 01 : KINETIC Group, major player in automobile and engineering
sector, today finalized an agreement to form a 50-50 joint venture between Kinetic
Communications, group's arm specializing in engineering services, and the architectural
and engineering services group, FGTecnopolo of Italy.
The
joint venture will combine the strength of FGT's international design expertise
with a locally set up engineering center in Pune and operate in the name of Kinetic
FGTecnopolo.
The
JV will focus on a spectrum of infrastructure related products and services, including
design, architectural and detailed engineering services for large infrastructure
projects. These projects would include urban infrastructure such as SEZ/urban
townships, transportation projects such as Airports, Seaports, Railway stations,
and other public or private works in the area of infrastructure, retail or hospitality.
The
company will further expand scope of its work to launch other products and services
related to infrastructure including Traffic Management systems and LED solutions
for lighting through the technology tie up.
Kinetic
has already entered this sector via its Joint venture with Hyundai Group of South
Korea, called Kinetic Hyundai Elevators and Moving Technologies Limited, that
specializes in Elevators, Escalators, moving walks, and Automated Parking Systems.
Kinetic- Hyundai is one of the leading companies in this field in India now, and
working with many leading players including 5 star hotel chains, leading real
estate and infra groups like Reliance, Ansals, Prestige, Oberoi, Kumar, Panchsheel,
and many others.
Sulajja Firodia Motwani, Director, Kinetic FGT said on the occasion , "India
is on an unprecedented path of growth and over the next 10 years, there will be
a tremendous growth in infrastructure, construction, retail and hospitality industry.
The current infrastructure and construction industry value in India is at Rs 170
billion (US$114.9 billion).
The
group has a presence in both engineering and design area with its engineering
center at KCL and in infrastructure products segment, through its JV with Hyundai
for elevators and moving technologies. We would like to leverage the available
expertise and relationships in the market and design Infrastructure and combine
the same with FGTecnopolo's strengths in areas of design, architectural and engineering
services and we hope to make a mark in this sector.
"The
Indian infrastructure segment has witnessed robust growth over the past decade
and by joining our complementary forces, we have created synergies to tap the
mushrooming Indian market. Kinetic FGTecnopolo will demonstrate a new business
model and offer value added services to its customers. FGTecnopolo's capabilities
and extensive European market knowledge and Kinetic's presence in the Indian market
will help to be more effective", said Stefano De Marchis, FGT Advisors, Chairman
of FGT Advisors and Director of FGT India.
Kinetic
FG Tecnopolo will be located at Pune where the company will set up a design and
engineering sector to cater to opportunities in India as well as support the global
operations of FGTecnopolo. (editor@thesynergyonline.com)
Thesynergyonline
Automobile Bureau
NEW
DELHI, JUNE 30 : VEHICLE dependability across the auto industry in India improves
notably in 2010, as compared with 2009, with the greatest gains occurring in the
areas of vehicle exterior and interior, according to the J.D. Power Asia Pacific
2010 India Vehicle Dependability Study SM (VDS) released today.
Overall
vehicle dependability averages 269 problems per 100 vehicles (PP100) in 2010,
improving by 21 PP100 from 2009. Overall dependability is based on the number
of problems reported per 100 vehicles, with lower scores indicating a lower rate
of problem incidence and higher long-term vehicle quality. The study ranks vehicles
within seven market segments: compact car; premium compact car; entry midsize
car; midsize car; premium midsize car; multi-utility/multi-purpose vehicles (MUV/
MPV); and sport-utility vehicles (SUV).
"Compared
with previous years, vehicles that are 30 to 42 months old now have fewer problems,"
said Mohit Arora, executive director at J.D. Power Asia Pacific, Singapore. "This
suggests that manufacturers have made conscious improvements in the long-term
dependability of their vehicles, and therefore, vehicles made more recently are
likely to have fewer problems over their lifetime than those that were made even
a few years ago. This is positive news for consumers who are looking to buy a
used vehicle as well as those who own relatively newer models and plan to hold
on to them for a while. "
The
study provides useful information to both the automotive industry and consumers
and regarding long-term vehicle quality by measuring 169 problem symptoms in nine
categories: vehicle exterior; driving experience; features, controls and displays;
audio and entertainment; seats; heating, ventilating and air conditioning (HVAC);
vehicle interior; engine; and transmission. For consumers, the Vehicle Dependability
Study offers insight into the reliability and dependability of brands and specific
models nearing the end of the standard warranty period. In addition, the study
is designed to assist manufacturers in tracking the quality performance of their
models over time for purposes of product improvement.
Two Chevrolet models and two Toyota models each rank highest in their respective
segments. Chevrolet models earning awards are the Spark (compact) and U-VA (premium
compact). The Toyota Corolla (premium midsize car) and the Innova (MUV/ MPV) each
receive awards for a third consecutive year. Also receiving segment awards are:
Ford Endeavor (SUV), for a third consecutive year; Honda City (midsize car), for
a third consecutive year; and Mahindra-Renault Logan (entry midsize car).
Mercedes-Benz
is the highest-ranked nameplate with a score of 43 PP100. Skoda and Hyundai are
the most-improved nameplates in the study in 2010, improving by 135 PP100 and
94 PP100, respectively, from 2009. Their gains are largely due to improvements
in their high-volume models, the Skoda Octavia and the Hyundai Santro.
The study also finds that 42 percent of owners report that repair work was performed
on their vehicle. The most commonly reported types of repairs include tire repair,
body/ accident repair and transmission repair. Among owners of models that did
not require repair, problem counts average 170 PP100 lower than that of owners
who had repairs performed on their vehicles.
In
addition, customers who had repairs performed on their vehicle are less likely
to repurchase the same make or recommend the same model, compared with customers
whose vehicle didn't need repair. The proportion of customers who say they are
"disappointed" with their vehicle quality is three times higher among
repair customers, compared with customers whose vehicle didn't need repair.
"Incidences of
vehicle repair have an adverse impact on owner perceptions of the long-term reliability
and durability of their vehicles, which may result in a greater propensity to
replace their vehicles," said Arora.
The
2010 India Vehicle Dependability Study is based on evaluations from 5,824 original
owners who purchased a new vehicle between July 2006 and October 2007. The study
includes 46 vehicle models covering 13 nameplates and was fielded from January
to April 2010 in 20 cities across India. The VDS is one of two J.D. Power and
Associates automotive quality studies for the India market, along with the Initial
Quality Study (IQS), which measures problems of new vehicles at two to six months
of ownership. The India IQS will
be published in November. (editor@thesynergyonline.com)
MUMBAI
, JUNE 30 : INDUSIND Bank and Tata Motors have entered into an agreement,
where IndusInd Bank will provide channel finance facilities to Tata Motors ' dealers.
The
dealers of Tata Motors will now have access to ready upstream finance from IndusInd
Bank to meet their working capital requirements in addition to the existing retail
finance arrangements. IndusInd ranks in the top retail financiers for Tata motors
commercial vehicle segment today. This tie up is a part of the strategic focus
of IndusInd Bank in developing the supply chain business.
Mr.
R. Ramakrishnan Vice President (Sales & Marketing, Commercial Vehicle Business
Unit, Tata Motors Limited) said, "Tata Motors Commercial vehicle has a good
share of business in the retail asset funding through IndusInd Bank and going
forward, we want to leverage this tie up to garner even more business in the retail
loan segment. We would also like to provide our Channel partners with the inventory
funding from IndusInd Bank at reasonable and competitive rates. We are sure that
our growing network will drive the tie up to achieve the aspirational growth
targets."
Mr
Suhail Chander, Head Corporate & Commercial Bank, IndusInd Bank said, "We,
at IndusInd, are already amongst the largest Retail Financier of Commercial vehicles
in the country. A Channel Finance facility to the dealers is a natural corollary
to this business. By introducing technology, we aim to create value in this partnership
between the Dealer, Tata Motors & IndusInd Bank."
Mr.
Ramesh Ganesan, Head Transaction Banking, IndusInd Bank said, "IndusInd Bank's
focus is to expand the scope of client relationships by adding value to partners
of our clients. There is an increased need for financing in this fast growing
sector. We propose to deliver this product through a technological platform enabling
integration with the manufacturer and the dealers, thus speeding up credit delivery
at a reduced cost supported by widespread branch network." (editor@thesynergyonline.com)
MUMBAI, JUNE 28 : AT a board meeting of Tata Motors today, the board, inter
alia, decided to seek shareholders' approval through a postal ballot for raising
funds equivalent to about Rs.4,700 crore through a combination of issue of ordinary
shares, 'A' ordinary shares, convertible bonds, debentures, warrants
or other equity- linked instruments in the domestic and/or international markets
in one or more tranches.
The
fund raising proposals will be for meeting the company's growth plans as well
as for reducing the debt on its balance sheet.
The
timing and structure of the issues will be decided depending upon market conditions
post shareholders' and other approvals.
The
board also considered appropriate to seek shareholders' approval for raising the
limits for borrowings and for creation of security on the company's properties
from Rs.20,000 crore to Rs.30,000 crore. (editor@thesynergyonline.com)
MUMBAI,
JUNE 15 : JAGUAR Land Rover has begun deliveries of the iconic Jaguar XJ in
India. The car was shown in India in the Delhi Auto Expo in January this year
and the stunningly beautiful and revolutionary new product from the Jaguar stable
was acclaimed by one and all.
Mr
S Krishnan, Tata Motors' Senior Vice President (Commercial), Passenger Car Business
Unit, said on the occasion. "We notice a very intense aspiration in India
to own an XJ. We are encouraged by the number of customers who have expressed
a desire to own this iconic car."
Sleek,
sporting and sophisticated, the all-new Jaguar XJ brings a daring new spirit to
automotive luxury. It offers a seductive mix of striking design, breathtaking
performance and engineering. The elongated teardrop shape of the side windows
establishes the car's silhouette and lies at the heart of its flowing design.
It does not just look streamlined -- its drag coefficient of 0.29 makes it the
most aerodynamic Jaguar ever, along with the XF.
At
the heart of the all-new XJ's construction is Jaguar's unique lightweight vehicle
architecture. Primarily aluminium, but also using magnesium and composite alloys,
this allows Jaguar to produce a significantly lighter and stiffer body - the lightest
in its class.
The
structure features aerospace-based riveting and bonding processes, and uses these
advanced materials to deliver improved strength, enhanced refinement and superior
safety performance. A coupé profile cloaks a cabin that offers comparable
levels of space to saloons with a more conventional style. There is generous accommodation
for five occupants. The exquisitely designed interior has a strong sporting character
throughout.
The
spacious cabin is rich in the tactile delight of soft-glove leather, warm veneers
and cool chrome.The panoramic glass roof dramatically enhances the sense of light
and space inside.
In
keeping with its status as the ultimate four-door Jaguar, the XJ introduces a
new generation of interior technologies, pioneering the use of display and infotainment
systems such as the innovative Virtual Instrument dials, 8" full color Dual
View technology Touch Screen display and 1200W Bowers & Wilkins premium surround
sound system.
The
all-new XJ delivers a driving experience that is just as memorable as the car's
appearance. Benefiting from technologies like continuously variable damping (Adaptive
Dynamics), quick ratio power-steering system, JaguarDrive SelectorTM, JaguarDrive
ControlTM, Jaguar Sequential Shift and Dynamic Stability Control with Trac DSC
mode the new XJ combines responsive, sporting dynamics with the refined, supple
ride expected from a luxury Jaguar.
The
new XJ is available in India in the long wheelbase version. It is powered by the
highly acclaimed 5.0-litre 385PS AJ-V8 Gen III naturally aspirated direct-injection
V8 petrol engine. (editor@thesynergyonline.com)
NEW
DELHI, JUNE 09 : RPG Group's flagship and India's tyre major, CEAT Tyres,
today announced winners of 'India Road Transportation Awards 2010' from the North
zone. The following winners have won the awards from the North zone in the following
categories:
<Transport Corporation of India for Operational Excellence
<Embee Road Services for Personnel Management
This new initiative
of CEAT India Road Transportation Awards (CIRTA) recognizes and felicitates the
road transport industry's achievers. It is India's first and only Fleet Excellence
Awards.
"Road transport is the backbone of many industries. A sector
that was relatively unorganized a few years back is fast becoming a professional
industry with large players showing keen business interest in the transport industry.
It is necessary to recognize the efforts of fleet owners towards smooth operations,
customer satisfaction and their initiatives towards environment conservation.
CIRTA as a platform will motivate fleet owners to work in a more organized and
professional manner." mentioned, Mr Arnab Banerjee, Executive Director -
Sales, Marketing and Outsourcing, CEAT
.
The awards were adjudged for the following categories: <Operational
Excellence <Environment Conservation <Customer Experience <Personnel
Management
The National Awards event will be held on June 25 , 2010 in
Mumbai. These awards evaluate fleet owners on parameters including innovation,
impact, sustainability and replicability. About CIRTA:
An eminent Advisory
board was set up to advice on the awards process and on how best to provide recognition
and enlistment of transportation industry. The advisory board comprises personalities
such as, Mr. Anant Goenka, Deputy Managing Director, CEAT, Mr. Dilip Chenoy, Director
General, Society of Indian Automobile Manufacturers (SIAM), Mr. G.R. Shanmugappa,
President, All India Motor Transport Congress (AIMTC), Mr. Ramesh Agarwal, President,
All India Transporters Welfare Association (AITWA)
An Independent jury
has been set up, who will screen, tabulate score and select the finalist. The
jury consist of eminent personalities such as Mr. Amit S. Kawoor, Head - Logistics
& Customer Operations, Marico , Mr. Anand Mirchandani, Chief Editor, Transtopics,
Mr. Anupam Bhatnagar, Vice President, Mahindra Logistics, Mr. Muthuraj Guruswamy,
Consultant, Logistics Executive Recruitment Australia, Mr. Parari A. Patil, Vice
President - Supply Chain & Business Development, Lupin, Mr. Pravin Puntambekar,
VP, Shriram Transport Finance Company , Mr. Sanjay Mane, Independent Logistics
& Transportation Consultant, Mr. Sudhanshu Kumar, Chief - Customer Service
Division, Tata Steel (TISCO) and Mr. Vikram R. Srihari, Director, JCL Logistics
, SP Shah, president, FADA. (editor@thesynergyonline.com)
MUMBAI,
MAY 19 : TATA Motors today commercially launched its all new Tata Indigo e-CS,
the fuel-efficient sedan in the country, with a host of exciting features. Built
on the existing Tata Indigo platform, the Tata Indigo e-CS succeeds Tata Indigo
CS, the compact sedan , which according to company sources , became a best seller
in the first year of its launch in 2008, and opened up a completely new market
for upwardly mobile young professionals.
The
sources say that the Indigo CS has dominated the entry mid-size segment in the
country for almost 2 years with its proposition of being the most compact sedan
in the market. It has been appreciated for its classy styling as much as the great
value proposition that it offers at an unbeatable price to a sedan customer.
Sporting
an all new 1.4 litre CR4 Common Rail Diesel engine, the e-CS offers an ARAI approved
mileage of 23.03 kmpl, which is the highest for any sedan currently available
in the country. It is also available with the 1.2 litre MPFI petrol engine to
provide customers with a wider choice.
The
refinement in both the engines results in a more enjoyable driving experience,
along with the seating comfort that the Indigo CS is known for. Both these engines
are compliant with BS4 emission norms currently applicable in 13 cities in India.
The
Indigo e-CS also gets a fresh new look on the exteriors with a new satin finish
front grill, new headlamps, and ORVM with blinkers. This coupled with body coloured
bumpers and chrome inserts on the rub rails endows the e-CS with head turning
looks.
The
dual tone beige interiors of the fabric and the dashboard create a plush feel.
With a view to appealing to the youth, the Indigo e-CS comes equipped with a Bluetooth
enabled music system and electrical controls for ORVMs. This is in addition to
the AC, power steering and power windows which were available in the earlier Indigo
CS as well.
The
car comes with a warranty of 18 months for an unlimited no. of kilometres, amongst
the best in the industry, and will be available in a range of 4 colours through
239 dealerships across 412 towns and cities in the country.
The
car is priced at Rs 4.07 lakh ex-showroom Delhi for the MPFI petrol base eGLS
version going upto Rs 5.13 lakh ex-showroom Delhi for the top-end eLX version
of the CR4 diesel. (editor@thesynergyonline.com)
NEW
DELHI, MAY 02 : SETCO Automotive , Indias manufacturer of premium clutches
for the medium and heavy commercial vehicles (MHCV) posted an impressive 62 percent
increase in net profit at Rs.18.53 crore in the year ended March 31, 2010 as against
Rs.11.47 crore in the previous year.
The company crossed Rs. 200- crore mark and ended with net sales of Rs.211.28
crore as against Rs.160.22 crore in the previous year, an increase of 32 percent.
Commenting
on the companys performance, Mr. Harish Sheth, Chairman and Managing Director,
Setco Automotive , said the auto industry, riding on the back of strong
economic recovery from Sept 2009, recovered giving a significant boost to the
demand for Commercial Vehicle. (editor@thesynergyonline.com)
MUMBAI,
APRIL 30 : THE new BMW 5 Series was unveiled today at the exclusive BMW pavilion
which has been specially constructed for the launch in India.
The
new BMW 5 Series is available in two petrol variants - 535i and 523i and two diesel
variants - 530d and 525d and can be ordered at BMW dealerships across India.
Speaking
on the occasion, Mr. Peter Kronschnabl, president, BMW India said, "The 5
Series is the core model in our product portfolio. Each generation of the BMW
5 Series has been a winner and has played a major role in the company's success
around the world. And we intend to keep it that way in India. You can imagine
what high expectations we have of the new BMW 5 Series Sedan: It has to live up
to its highly successful predecessor both in terms of innovative technology and
sales achievements."
"Splendid
design, flawless workmanship, driver orientation with ideally placed instruments
and intuitive operation, the new BMW 5 Series embodies a formula to captivate
the senses. The new BMW 5 Series is everything a BMW sedan is meant to be: aesthetic,
dynamic and efficient." Mr. Peter Kronschnabl, president, BMW India further
added.
The
BMW 5 Series has significantly contributed to the success and image of BMW in
India. BMW India has sold over 3600 units of the 5 Series in India since 2007.
The all India ex-showroom prices in INR are as follows. The new BMW 523i
: 38,90,000 The new BMW 525d : 39,90,000 The new BMW 530d : 45,90,000
Ex-showroom price excludes RTO registration charges, tax, insurance, handling
charges; Octroi and entry tax (as applicable). The above ex-showroom prices are
exclusive of sales tax / VAT applicable on sale to the customer. Prices and options
are subject to change without prior notice.
The 523i, 525d and 530d
will be produced at the BMW Plant Chennai. The 535i will be available as a CBU
(completely built-up unit) and will have an ex-showroom price of Rs 58,00,000.
The new BMW 5 Series will be available in Alpine White as non-metallic paintwork
and in the following metallic colours: Space Grey, Titanium Silver, Black Sapphire,
Havanna, Cashmere Silver, Deep Sea Blue, Milano Beige, Imperial Blue Brilliant
Effect and Sophisto Grey Brilliant Effect.
Dakota
leather is the standard upholstery for the new BMW 5 Series and is available in
the following colour combinations: Oyster / Black, Black / Black, Vento Beige
/ Vento Beige, Oyster / Oyster dark and Cinnamon Brown / Black. The following
interior trims are available: Fine-wood trim Ash Grain Brown and Fine-wood trim
'Fine line" (editor@thesynergyonline.com)
MUMBAI,
APRIL30 : TATA Motors has launched an all-new Indica Vista range, the Indica
Vista Drivetech4, with a host of new features and a thrilling driving experience,
to take the encouraging market response to the company's new generation car to
a new high.
The
BS-4 compliant Indica Vista Drivetech4 has a specially designed Eurotech gearbox
perfectly mated to the Vista Drivetech4 Quadrajet diesel and Safire petrol engines.
It ensures higher torque at low RPMs, minimal vibration, precise gear shifting,
longer engine life and cooled exhaust gas recirculation for lower emissions. All
these together result in superior handling, exciting zip and a never-before driving
experience. The same degree of refinement and driveability is also being offered
on BS-3 engines.
The
other new features include a 4-spoke tilt-adjustable steering wheel and height-adjustable
driver's seat enabling customised driving positions. The flexible 60:40 flip and
fold rear seat lends added space for multiple needs. The fully integrated 2-DIN
stereo system with Blue 5 and USB port enhance entertainment and communication
convenience. Dual airbags (driver and passenger) and ABS (Anti-lock Braking System)
make it one of the safest cars on Indian roads.
The
Indica Vista Drivetech4 series, though in the premium B segment, has been competitively
priced, starting respectively from Rs.3.57 lakhs for the Safire petrol range and
from Rs. 4.4 lakhs for the Quadrajet diesel range (ex-showroom, Delhi)
(editor@thesynergyonline.com)
NEW
DELHI, APRIL 26 : THE net profit of INDIA'S carmaker Maruti Suzuki India in
the fiscal 2009-10 stood at Rs 2,497.6 crore, up 105 per cent over 2008-09. The
companys total income (net of excise) for the year 2009-10 climbed to Rs
30,119.7 crore , a growth of 40 per cent over 2008-09.
The
company's board of directors recommended a dividend of 120 per cent for 2009-10
as compared to 70 per cent for the previous year
In
the fourth quarter the company registered total income (net of excise) of Rs 8,503.5
crore during January-March 2010, a growth of 30 per cent year on year.
The
net profit during January-March 2010 was Rs 656.6 crore, reflecting a growth of
170 per cent over January-March 2009.
The
company's total sales were 10,18,365 units; growth of 29 percent over previous
fiscal (792,167 units), domestic sales reached 8,70,790 units .A2 segment sales
up 23.8 per cent ; A3 segment sales grew 30.8 per cent Rural sales accounted
for 16.5 percent of the companys total unit sales, up from 9.5 percent in
2008-09 · Export sales were 1,47,575 units
Countries
contributing to exports included United Kingdom, France, Germany, Italy, Netherlands
in Europe. and Algeria, Chile, Indonesia and Australia in non Europe . New markets
added in fiscal are South Africa, Hong Kong and Norway. (editor@thesynergyonline.com)
NEW
DELHI, APRIL 23 : INDIA'S favourite family car just got bigger, spacious and
more stylish with Maruti Suzuki, the country's number one automobile manufacturer,
launching an all-new WagonR - titled endearingly 'the blue eyed boy'.
The
new WagonR comes with a new, powerful and highly fuel efficient 998 cc K-series
engine, delivering a high fuel efficiency of 18.9 kmpl. It also comes with a new
transmission with cable-type gearshift, and a superior suspension technology.
Thanks to a brand-new platform, the overall length of the new Wagon R is now increased
to 3,595 mm (an increase of 75 mm) with a wheelbase of 2,400 mm - the longest
in its class. The new WagonR is also wider and taller; the new dimensions are
1,495 mm and 1,700 mm, respectively.
The
new WagonR joins the Maruti Suzuki range of five vehicles in the ever-growing
A2 segment. Thanks to this wide choice of vehicles, Maruti Suzuki commands a staggering
over 56 per cent in the A2 segment.
On
the occasion, Mr. Shinzo Nakanishi, Managing Director and CEO, Maruti Suzuki India
Limited, said, "The all-new WagonR carries forward the decade-long leadership
and success of the WagonR brand. The new WagonR is a full-model change in terms
of superior technology, interiors, looks and styling. The new, larger platform
brings in comfort and space while the superior technology of K-series engine delivers
more power, greater fuel efficiency and is environment friendly. We are confident
that the new WagonR will further strengthen the leadership position of Maruti
Suzuki in the A2 segment."
At
the heart of the new WagonR is a 998cc three-cylinder K-series engine. This engine
delivers a power of 68PS @ 6200rpm and a high torque of 90Nm @ 3500 rpm. With
increased power, the new WagonR delivers increased fuel efficiency too - at 18.9
kilometers per litre, amongst the best in mid-A2 segment cars.
The
new WagonR comes with a new 5-speed synchromesh transmission technology that incorporates
numerous innovations to enhance the power and pleasure combination. The new transmission
is equipped with precise gear shift mechanism. This reduces the gear shifting
effort due to minimal mechanical losses. The gear ratios in the transmission in
the new WagonR are optimized to enhance drivability and improved fuel economy.
A reduced clutch-pedal peak-load helps to improve the city driving experience.
The
tall boy design and best-in-class adjustable front seats are especially convenient
for tall people. With a large wheel base that leads to best-in-class leg space
at the rear, the new WagonR seats five people in great comfort with ample leg
room and shoulder room. Alongside, the larger doors with wide opening make entry
and exit easy, while optimised cushion depth and width on the rear seats increase
seating comfort. Wide windscreen ensures uninterrupted panoramic view and adds
to the light-filled-spacious-cabin-feel.
All
this clubbed with the gigantic boot space makes the new WagonR a perfect smart-family
vehicle. While the rear parcel tray improves storage and keeps the users' valuables
hidden from prying eyes, a smart integrated tool box in the boot leads to the
overall charm.
Storage
space gets special attention in the new WagonR. As a unique feature, a handy shopping
tray is fitted under front passenger seat. To safeguard the cell-phone camera
unit, a soft insert has been introduced to the floor console. These apart, there
are useful alcoves on the front console and door sides, a utility hook on the
IP, and a 60:40 split rear seat add to user convenience. Two retractable cup/can
holders on the driver's and the co-driver's side, and a bottle holder in the centre
console add convenience and lead to user delight.
Brand
WagonR has been the undisputed leader in its segment for over a decade now. To
commemorate the brand's success, the new WagonR - pegged as the 'blue-eyed boy'
of the great Indian family - has been styled with a distinctive blue tinge on
its head lamps, which is a first-of-its-kind OE feature for A2 segment cars in
India. This feature and a classic chrome-engraved 'WagonR' badge on the rear door
together celebrate the brand's success with over eight lakh proud WagonR owners.
The
new WagonR's aggressive front - bigger and sweeping lamps, wider bumpers that
stretch to the corners and flared fenders - coupled with a slanted roof and aerodynamic
exteriors impart a forceful, ready-to-go feel.
The
deluxe interiors come with soft and subtle blue-silver interior theme, while the
dash-integrated music system with AUX-in and 6 band graphic equalizer gives a
new age touch.
The
new WagonR is high on occupant safety. A rigid cage structure technology alongwith
increased frontal impact absorbing area, thanks to greater distance between steering
wheel and front bumper, keep the passengers safe. The Vxi variant in the new WagonR
is equipped with front and rear fog lamps, rear wiper and washer, rear defogger,
dual horn and comes with safety features such as Airbag and ABS as options. A
driver-side seat belt indicator is on the dash panel a standard feature on Lxi
and Vxi variants. The new WagonR keys are integrated with i-CATS, 4-door central
locking and anti-theft alarm system.
The
new WagonR comes equipped with a new L-shaped front suspension frame for an enhanced
ride comfort. This fine-tuned 3-point suspension is congruous to Indian roads
and driving conditions, providing soft relaxed rides along with dynamic handling
and lower NVH.
The
new design steering wheel can be tilted to suit driver's driving comfort, while
the ergonomically designed gear shift knob snugly fits into the driver's palm.
Other features include electrically controlled outside rear view mirror. With
snug interiors and improved HVAC design, the new Wagon R brings in superior cooling
comfort.
A
tight turning radius of 4.6 meters makes the new WagonR a favoured drive in peak
traffic conditions and tight parking spots. Tubeless tyres, as a standard fitment
on the new WagonR, and a ground clearance of 165 mm ensure ride comfort.
The
new WagonR is BSIV compliant, ELV compliant and E10 compliant. With the new WagonR,
Maruti Suzuki is steadily moving towards the goal of making its full range of
vehicles environment friendly, much ahead of the norms being adopting in the country.
The
new WagonR is available in three variants Lx, Lxi and Vxi and seven exuberant
colours. Metallic Breeze Blue is the signature colour of the new offering. Other
body colors are as follows:
"
Superior White " Midnight Black " Baker's Chocolate " Breeze Blue
" Fire Brick Red " Silky Silver " Glistening Grey
Introductory
ex-showroom prices of the new WagonR in Delhi are: WagonR Lx Rs 3.28 lakh ; WagonR
Lxi Rs 3.57 lakh and WagonR Vxi Rs 3.81 lakh . (editor@thesynergyonline.com)
NEW DELHI, APRIL 02 : DUE to sharp increase in the input costs and
also introduction of BSIV norms in some models, Maruti Suzuki India Limited has
decided to pass on part of this cost impact to customers.
Maruti
Suzuki revises prices of its models . The approximate price revision on various
models (Ex-showroom, Delhi) ranges from Rs. 1,000 on A-star and Ritz, Rs. 2500
on Estilo, Rs 3000 on Omni, Rs. 3,750 on Swift, Rs. 7,000 on DZire and Rs. 9,000
on SX4.
The
withdrawal of introductory prices for the Eeco. The new prices for the Eeco will
be up by approximately Rs. 10,000.
Prices
have also been revised on the BS-III compliant cars like Maruti 800 and Omni (LPG)
by Rs. 3,000 and Gypsy by Rs 10,000. The new prices are applicable with immediate
effect.
Accordingly,
the company has revised prices of its models. The approximate price revision on
various models (Ex-showroom, Delhi) ranges from Rs. 1,000 on A-star and Ritz,
Rs. 2500 on Estilo, Rs 3000 on Omni, Rs. 3,750 on Swift, Rs. 7,000 on DZire and
Rs. 9,000 on SX4.
The
company also announced the withdrawal of introductory prices for the Eeco. The
new prices for the Eeco will be up by approximately Rs. 10,000.
Prices
have also been revised on the BS-III compliant cars like Maruti 800 and Omni (LPG)
by Rs. 3,000 and Gypsy by Rs 10,000. (editor@thesynergyonline.com)
(From
L-R) Mr. Ravi Kant, Vice Chairman, Tata Motors , Mr. Ratan N. Tata, Chairman Tata
Sons, Mr. Brian Mullaney, co-founder / president, Smile Train Mr. Carl Peter
Foster, Group CEO & MD, Tata Motors at a ceremony handing over 6 Nanos to
hospitals supported by Smiletrain (Worlds largest cleft charity) at NCPA,
Mumbai.
MUMBAI,
MARCH 31 : SMILE Train, the cleft charity, today received six Tata Nano cars
at the hands of Mr. Ratan N. Tata, Chairman, Tata Sons, for the hospitals it supports
in India.
Mr.
Tata ceremoniously handed over the keys to Smile Train surgeons from throughout
India, in the presence of Smile Trains co-founder and president, Mr. Brian
Mullaney, Smile Train India Regional Director, Mr. Satish Kalra, the Vice Chairman
of Tata Motors, Mr. Ravi Kant, and others.
The
Nanos will be used by the recipient hospitals to raise awareness for the devastating
problem of clefts and the simple procedure, which can correct it, which Smile
Train provides for free to any child in need.
Already recognisable on the roads because of their innovative design and style,
the new Smile Train Nanos display dramatic before and after pictures of children
who have been helped, providing a simple message that clefts are easily correctable.
In
India, SmileTrain started with a unique idea of empowering local doctors to help
children with clefts in their own communities. Now in its tenth year, Smile Train
works with 400 selfless local surgeons in 180 partner hospitals in India and helps
over 50,000 Indian children a year, smile for the first time. In ten years, the
organisation has helped over 200,000 Indian children.
Children
with clefts are forced to live a life of shame and isolation, believing that a
cleft is a curse from God. A simple, 45 minute surgery that costs as little as
Rs. 12,000 can change a childs life forever, allowing them to attend
school, eventually get a job, and get married. This compelling transformation
has been evocatively captured in Smile Pinki, the Oscar-winning Best Short Documentary
of 2009.
In
addition to creating a new model of working directly with local surgeons, Smile
Train completely revolutionised the way clefts were treated throughout the world
by utilising cutting-edge technology. To help even more children more efficiently
and effectively, the organisation has employed techniques such as the creation
of the worlds largest cleft database and has developed award-winning virtual
surgery DVDs to train doctors in remote areas of the world.
Speaking
on the occasion Mr. Brian Mullaney said, These tiny cars will have a huge
impact in alleviating the suffering of desperately poor children and their families
throughout India. They will have the highest Smiles Per Gallon rating
of any car on the road.
The
six Tata Nanos will be used by Astha Plastic Surgery Hospital, Jalgaon (Maharashtra),
Sant Parmanand Hospital at Delhi, Varun Hospital, Aligarh (Uttar Pradesh), New
Leelamani Hospital, Kanpur (Uttar Pradesh), Dev Kamal Hospital, Ranchi (Jharkhand),
and Dr. Jeyasekharan Centre for Cleft Care, Nagercoil (Tamil Nadu). (editor@thesynergyonline.com)
MUMBAI,
MARCH 31 : AS announced earlier, Tata Motors had offered bondholders of their
0 percent JPY 11,760 million and 1 percent US$ 300 million Convertible Bonds an
option to convert their bonds into Ordinary Shares during a 5-day period from
March 23 to March 29, 2010.
In
this period, bondholders could opt to receive a higher number of shares per bond.
Bondholders, who did not participate, would continue with all the terms of their
bonds prior to this one-off offer.
The
offer has met with great success with bondholders representing 93% of the
JPY bonds and 76% of US$ series bonds respectively, opting to convert
their bonds into Ordinary Shares. The company was able to extinguish debt worth
USD 345 million of these bonds at current exchange rates.
As
a result of the above offer, the company has today allotted 26.64 million equity
shares to the bondholders, who exercised the option to convert these bonds into
Ordinary Shares during the offer period.
The
offer, managed by Standard Chartered Bank, Citigroup, Credit Suisse and J.P.
Morgan, has helped improve the companys net worth, reduce indebtedness and
enhance financial flexibility.
Mr.
C. Ramakrishnan, Chief Financial Officer, Tata Motors, said, The reduced
conversion price option made eminent sense from bondholders perspective,
who got additional value by opting to convert into equity. From the companys
perspective, this exercise is in line with its continued efforts to deleverage
its balance sheet. (editor@thesynergyonline.com)
PUNE
, MARCH 24 : TATA AutoComp Systems, automotive components manufacturer inaugurated
its state-of-the art 'Laser Scouring Facility' today at the Tata AutoComp (Interiors
and Plastic Division) plant at Chinchwad, Pune.
The 'Laser Scouring Facility' technology will considerably
simplify the construction of airbag flaps, thereby reducing the cost of production
significantly. Laser Scouring is a process in which laser creates integrated pre-weakened
lines for air bags on the backside of the car instrument panels. A sensor system
has been specially designed to prevent the laser from penetrating the material
completely. It creates tapped blind holes in a defined row, which weakens the
part and breaks open when the air bag is triggered thus ensuring better safety
for the passengers.
Mr R S Thakur, Executive Director & COO, Tata AutoComp Systems , said, "At
Tata AutoComp our consistent effort is to provide wide range of high quality products
and introduce the best and latest technology from across the globe. With the awareness
of passenger safety increasing, we are seeing an increase in the number of vehicles
that would offer airbags as a standard fitment. Laser scouring for airbag deployment
is one of our initiatives to offer Indian OE's state of the art technology. With
availability of Laser Scouring in India, the OE's get the benefit of offering
better design and finish."
The
advantages of Laser Scouring Technology are: o The scouring process is sensor-controlled,
thus the heterogeneity and variations in the thickness of the material can be
compensated for o The depth of the perforated holes is precisely defined even
in multilayer composites. Thus the opening force and behavior of integrated airbag
flaps can be adapted flexibly. o Manual finishing is not necessary, thereby
enabling 100% traceability of production processes which is of the utmost relevance
where safety-related components are concerned o It allows 100% production
control, which for safety-related components is of immense significance. The specific
production parameters are recorded on-line.
Mr
Arvind Goel, President & Head Business Group, Tata AutoComp Systems Ltd, further
added, "Laser Scouring is used to make invisible tear seam on car instrument
panels for Air Bag deployment. It is the best available air bag seamless technology,
introduced and being provided in India by Tata AutoComp. Globally it has been
adapted and used by all leading auto OEMs and we anticipate a huge demand from
both domestic and global OEM's based in India. Our new facility in Chinchwad is
well equipped to manage this increasing demand." Plastics, Engineering and
Vehicle Tracking Systems. Tata AutoComp has 8 joint ventures in partnership with
leading companies from the Global Auto Component Industry and has over 40 manufacturing
facilities spread across India and China.
(editor@thesynergyonline.com)
NEW
DELHI, MARCH 22 : TATA Motors today signed a turnkey contract with Myanmar
Automobile & Diesel Industries , an enterprise under the Government of Myanmar's
Ministry of Industry-2, for setting up a heavy truck plant, at Magwe, approximately
480 km from Yangon, funded by a line of credit from the Government of India.
The
facilities planned at the plant include a highly flexible chassis and frame assembly
line along with a cab manufacturing, painting and trimming set-up. The plant is
expected to become operational by the last quarter of 2010-11, with a capacity
of 1,000 vehicles per year. The capacity can be expanded to 5,000 units. (editor@thesynergyonline.com)
Renault-Nissan
Alliance Chairman and CEO Carlos Ghosn along with Dr. M K Stalin, the Deputy Chief
Minister of Tamil Nadu pose next to the all -New Nissan Micra.
CHENNAI
,New Delhi, India , MARCH 19 : RENAULT-NISSAN Alliance Chairman and CEO Carlos
Ghosn has inaugurated the first dedicated Renault-Nissan Alliance vehicle manufacturing
plant here which was attended by the representatives of State Government of Tamil
Nadu led by Dr Kalaignar M Karunanidhi, the Chief Minister of Tamil Nadu in the
presence of Dr. M K Stalin, the Deputy Chief Minister of Tamil Nadu.
Also
present were Mr. Yoshiro Mori, president, the Japan-India Association & Former
Prime Minister of Japan and both the Ambassadors of Japan and France to India
.
With
an investment of Rs 45 billion ($990 million) and capacity to produce 400,000
units per year at full ramp up, the new Chennai plant will initially employ 1,500
workers at start of production in May 2010. With a supplier park of six companies
in Chennai, the company estimates a total of 6,000 jobs will be created in the
region.
Our
plant in Chennai represents a key milestone for the Renault Nissan Alliance in
India , said Carlos Ghosn. With the new Micra, we have the start of
a product offensive in India that is supported by a localized manufacturing facility
capable of making products for both Renault and Nissan.
The
first vehicle to be produced at the plant will be the new Nissan Micra, a global
sub-compact. The Micra, production for which will commence in May 2010, is the
also first vehicle derived from the new V-platform, is destined for the Indian
market as well as for export to over 100 countries in Europe, the Middle East
and Africa. In 2011, the plant will start production of the Renault Koleos and
Fluence, both destined for the Indian market.
The
new plant will operate in full compliance with Alliance global manufacturing processes
and quality standards. Its production management system, launched for the first
time at any plant of Renault and Nissan, is based on mutual knowledge sharing
and the best practices from both companies. The new manufacturing process allows
the plant to seamlessly mix production of both Renault and Nissan products on
same line.
Akira
Sakurai, Managing Director and CEO of Renault Nissan Automotive India Private
Limited, said: "The opening of any new plant is a significant achievement,
but the speed and quality of execution at this plant in Chennai has been exceptional.
I
want to recognize the support from the state of Tamil Nadu and our employees who
have helped made this plant a reality and will lead us to both domestic and export
success with the products we are building, continued Sakurai.
Chennai
already plays host to the Renault-Nissan Technology and Business Centre India
Private Ltd (RNTBCI) which is contributing to both partners global operations
in the key areas of advanced research and development, advanced CAE (Computer-Aided
Engineering), product development, digital vehicle development, information systems
development and local and global parts sourcing.
The
Renault-Nissan Alliance announced its plans to build a new manufacturing plant
in Chennai , India , by the signature of a Memorandum of Understanding with the
Government of Tamil Nadu on February 22nd, 2008. The official groundbreaking ceremony
took place on June 6th, 2008. (editor@thesynergyonline.com)
NEW
DELHI, MARCH 02: CONINUING to ride northwards, India Yamaha Motor has registered
sales of 25,766 units in February 2010 as compared to 17,407 units in February
last year. The company has clocked domestic sales of 16,313 units in February
2010 as compared to 13,848 units in the same month last year. The export figures
stood at 9,453 units in February 2010 while in Feb 2009 Yamaha exported 3,559
units.
Our
domestic sales continue to be strong for our premium segment products like YZF-R15,
Fazer, FZ-S and FZ-16. Interestingly, these models have also received overwhelming
response in overseas market like Nepal, Sri Lanka, Bangaldesh and Columbia resulting
in increased export sales. We are confident of achieving 3.1 lakh units target
in domestic market and are aiming to more than double our exports to 1.5 lakh
units this year compared to sales in 2009, said Mr. Yukimine Tsuji, CEO
& MD, India Yamaha Motor Pvt. Ltd.
The
company continues its focus on YES! YAMAHA campaign, which was kick-started in
2009. For Yamaha, this campaign is the first step towards giving value to the
customer that he demands and provides the best 3S Experience (Sales, Service &
Spares) to the customer so that he always appreciates Yamaha and accepts the brand
like the word YES. All the companys efforts and activities revolve
around Yes! Yamaha concept whether its Products, Service & Spares, Promotion
and Dealers. The company is planning to enhance the numbers of Yamaha Bike Station
(YBS), an authorized Yamaha Dealership with the Best 3S facility YBS. (editor@thesynergyonline.com)
NEW
DELHI, FEB 16 : TATA Motors today announced the launch of a mine protected
vehicle, as part of its strategy to enhance the scope of its defence business
right up to frontline combat vehicles. The company has displayed the vehicle at
the ongoing DEFEXPO India 2010.
The
company, which has been a supplier to India 's defence and paramilitary forces
since 1958, already offers an extensive portfolio of troop carriers and logistics
vehicles. The launch of combat and tactical vehicles and equipment will allow
it to leverage the entire defence mobility spectrum.
Mr.
P.M. Telang, Managing Director (India Operations) of Tata Motors, said, "Our
aim is to participate in the entire defence value chain. Besides consolidating
our traditional supplies, going forward we will also participate in creating vehicles
and equipment specific to the defence sector as also offer our expertise in upgrades
and life extension programmes. In addition to our own initiatives, we will form
appropriate partnerships and harness the capabilities of our own subsidiaries
and other Tata Group companies."
The
Tata Mine Protected Vehicle: The Tata Mine Protected Vehicle is based on modular
flexibility and integrates V shaped hull blast protection technology, ideally
suited for counter-insurgency operations. The two roof-top hatches for observation,
9 firing ports and a 360-degree roof mounted rotating turret for an LMG/HMG weapon
ensures maximum fire power. Its combat survivability comes from all round NIJ
Level 3 BP protection and customer/mission specific underbelly blast protection.
The air-conditioned
crew cabin also renders itself to multiple configurations for different combat
roles, like a command post, emergency evacuation ambulance or a troop carrier.
Crew and seating layouts from 8 to 12 troops can meet these varied operational
requirements.
The 245 PS diesel engine generates a top speed of 100 kmph and a gradeability
of 60%. The 860 mm ground clearance and fordability of 1000 mm ensures mobility
even in the toughest terrain. Space for appropriate communication equipment and
ADNAV system makes it operational even at night and in adverse weather conditions.
Besides
the Army, Tata Motors will also offer the vehicle to paramilitary and police forces.
The company has the ability to mobilise adequate manufacturing capacity, and will
deploy its dealer/service network across the country for maintenance and service.
The company is also displaying the Tata 8x8, a unique and versatile high mobility
platform, capable of being configured to a host of military applications like
missile/artillery and air defence weapons, surveillance equipment, communications
and electronics warfare. It is already becoming the platform of choice to various
weapon / missile system integrators in the role of a cost effective launcher,
carrier, radar pedestal, generator van and command post.
Its
380/420 PS engine generates a speed of over 80 kmph and gradeability of up to
60%. With a fordability of 1200 mm, trench crossing ability of 2 metres, ground
clearance of 400 mm, a compensating bogey suspension, wide wheel tracks it can
operate under severe terrain conditions. The tiltable military cabin, compatible
to up-armouring and NBC protection on demand, and traditional chassis frame ensures
free accessibility to all major aggregates and lends itself to easy maintainability.
The wide cabin windscreens ensure good all-around visibility.
Tata
Light Specialist Vehicle (LSV): The LSV is a single platform to undertake diverse
missions such as reconnaissance, counter-insurgency operations for special forces
and even as an ambulance. It has an adaptive automatic transmission, 60% gradeability,
750 mm fordability, 300 mm vertical obstacle climbing ability, 45% approach angle,
45% departure angle, 250 mm ground clearance and a top speed of 100 kmph. The
vehicle can operate in a temperature range of -20 degree to +55 degree Celsius.
The
LATC is designed for movement of troops for counter insurgency operation, with
protection against small arm fire, floor protected against hand grenade blasts,
and fuel tank bolstered with explosive suppressant material.
The
air-conditioned Armoured Safari, offering NIJ Level 3 protection for VVIPs, is
equipped with features like hand grenade protection for underbelly, run flat tyres,
five exit doors, explosive suppressant material in the fuel tank, extra wide footsteps
for escorts and RYG (Red Yellow Green) indicator for escort vehicles. It comes
with comfortable interiors, plush seating, and a fine-tuned suspension.
The
Armoured Sumo can carry six troops for counter-insurgency operations especially
in hilly off-road terrain. Six firing ports and a roof hatch ensure maximum fire
power. It can move from 4x2 to 4x4 mode whilst on the move. It too offers NIJ
Level 3 protection, with underbelly protection against hand grenades, run flat
tyres, and five exits.
(editor@thesynergyonline.com)
NEW
DELHI, 09 : MERU Cabs, Indias major radio cab service provider in India,
has introduced brand new convenient alternative payment facility for passengers
in Delhi. This alternate payment option is already implemented in Bangalore and
Hyderabad.
The
company has tied up with Axis Bank as its merchant bank to facilitate card transactions
in its cabs. Visa and Master Cards debit/credit cards will be accepted for fare
payment, thereby making life easier for the Meru passengers. Also Meru Cabs has
introduced various promotion programmes to promote payment by cards. Keeping in
mind the concept of plastic money, Meru Cabs has launched this feature so as to
provide a hassle free service to the passengers.
Plastic
money is more convenient and viable payment option today. We got a feedback from
our consumers regarding their preference for payment through a credit card. Consumers
today prefer the convenience of plastic money over hard cash and often fall short
while paying for their fares, making it inconvenient for them as they have to
hunt for an ATM. By providing credit/debit card facilities in our cab directly,
we are confident that our passengers will find it more convenient and hassle-free,
said Rajesh Puri, CEO, Meru Cabs. It is a highly secured application, since the
product is almost fully automated. Its inbuilt in the MDT, and the card
is swiped in front of the passenger.
He
added, Cities like New York, Boston and Tokyo have the facility of paying
by cash or card in the radio cabs. In fact, it is mandatory in these cities for
the radio cabs to have a card payment option for the passengers. Our goal is to
replicate these revolutionary services in India and offer our passengers a truly
comfortable & world-class travel experience.
With
a total of 4800 cabs the company has been constantly scaling up its presence in
the four operational cities - Mumbai, Delhi, Bangalore and Hyderabad. Also its
presence at the airports of the four cities has helped in adding to the international
class provided by these airports , he said.
The
company charges Rs 15 km from passengers. Given the new initiatives to expand
presence in major cities the company expects to be Rs 200 crore company by the
year-end. The company has been upgrading its technology regularly. Recently, the
company has implemented an Oracle ERP system, which has been implemented by Accenture,
which makes Meru Cabs the first radio cabs service company in the world to implement
ERP systems.
(editor@thesynergyonline.com)
NEW
DELHI, JAN 31 : THE consolidated revenues of Apollo Tyres reached Rs 2300
crore for the third quarter of FY '10 ended December 31 , 2009 and closed in on
Rs 6000-mark for 9 months of the current fiscal .
Speaking
on the results Onkar S Kanwar, Chairman, Apollo Tyres said: Its been
a remarkable performance both in terms of the October-December quarter, as well
as the nine months of the year. "
The
net sales of the company rose by 108 percent to Rs 22.96 billion (Rs 2296 crore)
in the third quarter ended FY 2009-10 as against Rs 11 billion (Rs 1101 crore)
in the correspondin prevoius fiscal 2008-09 . The net profit grew multiple times
to Rs 1.8 billion (Rs 187 crore) from Rs 89 million (Rs 8.9 crore).
The
consolidated financials take into account Apollo Tyres India Operations,
revenues of Apollo Tyres South Africa and Apollo Vredestein B V, in the Netherlands,
acquired in May 2009.
Net
sales of the company moved up by 47 per cent to Rs 13.2 billion in the third quarter
FY 2009-10 as against corresponding period in FY 2008-09 (Rs 1323 crore) from
Rs 9 billion (Rs 903 crore). The operating profit was up by 283 percent at Rs
2 billion (Rs 205 crore) from Rs 536 million (Rs 53.6 crore) ,Net profit scaled
the Rs 1 billion (Rs 102 crore) mark from Rs 55 million (Rs 5.5 crore).
For
the first three quarters of the year, April to December 2009, Apollo Tyres has
notched incremental growth quarter-on-quarter. As a result its consolidated turnover
for the first 9 months has reached a milestone figure of nearly Rs 6000 crores
or Rs 60 billion. While India Operations alone accounts for Rs 37.2 billion or
Rs 3724 crores for the first 9 months of the year.
For
the nine months (FY2009-10 (April-December) net sales rose by 62 percent to Rs
59.7 billion (Rs 5977 crore) from Rs 36.8 billion (Rs 3686 crore) in FY2008-09
. The net profit grew by 372 petrcent to Rs 3.9 billion (Rs 390 crore) from
Rs 827 million (Rs 82 crore)
From
India operationsd the company's net sales moved up by 26 percent in 9-month FY2009-10
( April - December) to Rs 37.2 billion (Rs 3724 crore) from Rs 29.6 billion (Rs
2960 crore) in the corresponding FY 2008-09. The operating profit was 179 percent
higher around Rs 6 billion (Rs 601 crore) from Rs 2.1 billion (Rs 215 crore).
Net profit rose by 382 percent to Rs 2.98 billion (Rs 298 crore) from Rs 619 million
(Rs 62 crore). (editor@thesynergyonline.com)
NEW
DELHI, JAN 27 : BAJAJ Auto has been granted 'ExhausTEC' patent in Europe .
The Indian Patent Office had granted the ExhausTEC patent to Bajaj
in March 2009. The European grant awarded now after a stringent examination, is
a reaffirmation of the same.
BAJAJ Autos invention named 'ExhausTEC'improves low range / mid range torque
in a single cylinder four stroke engine. Bajajs patented DTS-i twin spark
technology and ExhausTEC together deliver unbeatable fuel efficiency + performance
combination to its customers.
This European patent derives priority from the corresponding Indian patent application
dated August 6, 2004 and is valid till August 5, 2024.
The
automobile major claims to be in an enviable position of its being the automotive
manufacturer to offer a unique package of two path breaking technologies in a
motorcycle to its customers DTS-i that delivers superior performance
(higher power output with better fuel efficiency) compared to conventional four
stroke engines and ExhausTEC that offers improved low end and mid
range torque a duo that delivers competitive edge to Bajaj of high performance
and fuel efficiency amidst todays motorcycling world that is increasingly
dominated by products offering mere improvements of prevalent technologies. Since
August 2004, Bajaj has manufactured and sold over 5 million motorcycles with this
technology. (editor@thesynergyonline.com)