Suzuki-Volkswagen alliance - a threat for Honda

Suzuki-Volkswagen alliance - a threat for Honda While the alliance between Suzuki Motor Corporation and Volkswagen Group gives a lot of independence as far as costs of the model, platform sharing etc. is concerned, but the fact of the matter is, it is becoming a threat for other players.

The CEO & President of Honda SIEL Takashi Nagai has recently said that the Suzuki-Volkswagen alliance is surely very worrying for Honda in India as it will push the Japanese auto major to launch competitively priced models in the Indian market while maintaining its brand value in the minds of the consumer.

JK Tyres mulling a price hike

JK Tyres mulling a price hike The leading tyre manufacturer in the country, JK tyres has recently said that the company is expecting to hike its prices by close to 4% very soon. While the hike comes with a view to offset the high impact of the rising input costs, it may be noted here that the company has so far hikes its prices by close to 14%.

XJ 2011 – the reason why Tata picked Jaguar?

XJ 2011 – the reason why Tata picked Jaguar? While the top officials at Tata Motors were busy finalizing their plans to pick up the Jaguar brand from ford Motor Company in the late 2007, it is believed that the sketches of the 2011 XJ is the one thing that may have triggered their decision.

In fact, Gary Temple, the President for the North American region for the Jaguar brand has recently said that as they had seen what we had coming to the market is most probably what made them (Tata) buy the company.

Tyre makers eying another hike?

Tyre makers eying another hike? While the India tyre manufacturers have already announced several rounds of prices hikes already but the rising input costs are surely becoming one of the biggest threats on the margins of the Indian tyre manufacturers.

It has been learned that the Indian tyre makers have decided to announce another hike in their prices with a view to offset the rising commodity prices in the domestic circuit.

Ruia eyes auto component co.

Ssangyong MotorsAfter a failed attempt to buy the South Korean SUV maker, Ssangyong Motors, the Kolkata based, Pawan Kumar Ruia has not set its sight on an automotive component company in the Germany region. It has been learned that the deal may go through taking the route of the listed company, Falcon Tyres.

Ruia said that the company is aggressively pushing its acquisition plans and it is very close to the deal. However, Ruia declined to divulge names of the target firms.

Ssanyong deal – a debt free purchase!

Ssanyong deal – a debt free purchase!

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