Maruti to launch new WagonR on April 23rd

Maruti-Suzuki-Wagon-RThe country's largest automaker Maruti Suzuki India Ltd is planning to launch the new WagonR for the Indian consumer on the 23rd of April in the Capital. Notably, the new WagonR is expected to be much more than just a facelift of the older version.

The new product that will be out on sale on the April 23rd is much taller, wider and longer than before and sports new suspension at both the front and the rear. The new WagonR is based on the new platform that it currently in operation in the developed market by its parent company, Suzuki Motor Corporation.

Hero Honda may face supply problems

Hero-HondaThe country's largest seller of two-wheelers and the world's largest producer by volumes, Hero Honda Motors is believed to face issues as far as high demand of its products is concerned. Notably, the company sold more than 4.6 million units in the fiscal 2009-10 with a substantial chunk out of it coming from the rural and semi-rural market.

Satyam has stabilised as a company: Karnik

Kiran-KarnikApril 13 has marked a year since M&M took over the bleeding Satyam Computer Services and became the de facto #4 in the India IT industry. Picking up stake at Rs. 58 per share, M&M's road to Satyam included overtakes it made to players like the Indian engineering giant Larsen & Toubro and American investor Wilbur Ross.

Moreover, Kiran Karnik, Former President of NASSCOM and now one of its trustees who played a major role in turning around the fortunes of the beleaguered IT major believe that Satyam is now sailing in a stable boat.

Bajaj Auto banking big on outsourcing

Bajaj-AutoWhile the second-largest two-wheeler major in the Indian market, Bajaj Auto has been going through many ups and downs in the past, the company has always been able to maintain its bottom-lines. However, over the last five years, the company has focused on the outsourcing capabilities to ensure a healthy bottom-line even in the period of plunging sales.

For the uninitiated, the company sold 2.5 million units in the fiscal 2009-10 and has projected an ambitious target of 4 million units for the fiscal 2010-11.

M&M’s two-wheeler business on track

Mahindra-LogoAfter the M&M Group took charge of the bleeding Kinetic Motors in 2008, it was expected that the company will be able to make a cushy position for itself in the long-run in the Indian two-wheelers market and the Two-wheeler arm has so far outshined the expectation of the company.

With better-than-expected sales of around 70,008 units in the last fiscal against 5,552 units sold by Kinetic Motor in the previous year, the two-wheeler arm is truly a remarkable story for the tractor maker in the Indian market.

Two wheeler sales cross 10 million in 2009-10

Two-Wheeler-IndustryMarch was one of the luckiest months as far as the Indian two-wheeler industry was concerned. While it touched the milestone of selling one million units in a month in the domestic market for the first time, the two-wheeler majors also sold over 10 million units in a fiscal year, According to the data provided by CMIE.

Registering a mind-boggling growth of 24.4%, the two-wheeler makers in the Indian market made a lot of noise as far as units sold were concerned.

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