Month: December 2011

Spied – Bajaj’s ultra low cost car RE60

Bajaj Auto India (BAL) is better known for manufacturing motorcycles and auto rickshaw is all set to unveil its first four-wheeler in the country. Bajaj’s ULCC namely Bajaj RE60 will be unveiled on 3rd of January 2012. This four-wheeler mainly aims for the commercial application. The company introduced its ultra low cost car concept at the Auto Expo …

Hero Eco set to buy UK’s Ultra Motors

Mr. Vijay Munjal of Hero Eco has confirmed that the company has purchased Ultra Motors of US so as to increase their share in the two wheeler electric segment in the country. Hero Eco consists of Hero Electric, Hero Cycles Mediva and Winn and Hero Ecotech. Munjal has further announced that they will be investing Rs.450 crores in …

TVS Motors to reveal auto transmission in motorcycles and scooters by 2013

Two-wheeler maker TVS Motor Company has announced that from 2013, the company will be offering auto transmission scooters and motorbikes which ensure 20% higher fuel efficiency. This is something that users will be looking forward to considering the high prices of fuel that has been haunting them repeatedly throughout this year. TVS Motors based in Chennai revealed these …