Category: News

Mercedes pulls plug on loss-making Maybach

Sources at Mercedes-Benz have apparently confirmed to AutoWeek (Detroit automagazine) that the Maybach brand will officially be killed in 2013. The decision comes after 10 years of disappointing sales of its Maybach 57 and 62 sedans. Daimler AG CEO Dieter Zetsche has decided against developing successors to Maybach modes, which were supposed to hit roads in 2014. Word has it …

Honda India halts production of City, Brio to follow

Honda Siel Motors India, the Indian unit of the Japanese car manufacturer, Honda Motors has announced that car manufacturing will be hit badly in the month of December 2011 due to decline in supplies from their suppliers in Thailand. Honda India executive stated that they are facing supply constraints which will affect their production hugely. Honda India has …

BMW India launched a pre-owned cars business “BMW Premium Selection”

BMW India has launched the ‘BMW Premium Selection’ with a range of pre-owned BMW vehicles that are carefully selected and comprehensively examined for quality. For the ultimate peace of mind, BMW Premium Selection vehicles come with a BMW warranty. BMW Premium Selection vehicles can now be ordered through exclusive BMW Premium Selection dealerships at at 7 showroom across …

Tata Nano production at less than 50% of capacity

Tata Motors has cut production of the world’s cheapest car Nano to fifty per cent of the installed capacity due to lower demand. During the launch of new version of Tata Sumo SUV in Kolkata, R Ramakrishna, the VP of Commercial sales and marketing department, had commented on lack of 100% utilisation of their production units. The manufacturing …

Ford to bring 20 new engines to China by 2015

FoMoCo has announced plans to introduce 20 new engines and transmissions in China by 2015 in a new strategy to upgrade its entire powertrain offerings in the world’s largest automotive market. The plan coincides with the company’s efforts to offer 15 new vehicles in China by the same period. “Utilizing state-of-the-art technologies such as turbocharging, direct injection, twin …