Auto Sector

Hero Honda registers 23% growth, Analysis by Nirmal Bang Securities

Hero Honda registers 23% growth, Analysis by Nirmal Bang SecuritiesRevenue increased by 23 % YoY for fourth quarter and 19% for the year driven by improved sales numbers cloaking 37.22 lakh vehicles for the year a growth of 12% over previous year which was more than double the overall industry growth.

Operating profit increased by 33% for the quarter YoY & 26% for the year driven by decrease in the input costs mainly driven by a huge fall in the steel prices in the fourth quarter.

Other income decreased by 20% for the quarter & was down by 2% on the full year basis.

How car makers hide prototypes from spy shots

How car makers hide prototypes from spy shotsArjeplog, Sweden - Car makers are very creative about hiding their prototypes from amateur photographers and paparazzi just waiting to snap a spy shot of the new model.

"The natural enemy of the prototype is the horsepower paparazzi," says Peter Gyllenberg, who runs a test centre in Arjeplog, Sweden, where many car makers hold winter tests.

Mercedes gives S-Class makeover, adds hybrid version

Mercedes gives S-Class makeover, adds hybrid versionStuttgart - Mercedes is giving its luxury S-Class a makeover with several technical improvements and a hybrid version of the S 400 that will be unveiled at the Shanghai Motor Show.

The car maker describes the S 400 as the first standard production hybrid drive fitted with a lithium-ion battery, making it the most economic petrol-engined luxury sedan.

Fuel consumption is listed at 7.9 litres per 100 kilometres which translates to carbon dioxide emissions of 186 grammes per kilometre.

New Opel Astra revealed

New Opel Astra revealedGermany - Opel has revealed pictures of the new Astra well ahead of the Frankfurt Motor Show in September where it is to be officially unveiled.

The 2010 model Astra, also sold in Britain under the Vauxhall name, reveals a headlight design similar to the larger Insignia.

A special feature, found already in the Corsa, is an integrated bicycle carrier. A handle in the boot is pulled and the carrier plus registration plate slide out.

The engine range starts with the 80 hp eco-diesel to the top end 270 hp turbo OPC.

World premiere of Mercedes ML 450 Hybrid

World premiere of Mercedes ML 450 HybridNew York - Mercedes presented the new ML 450 Hybrid fitted with two electric engines and a V6 engine with an output of 205 kW/279 hp at the New York Auto Show.

Developed especially for the North American market, it is the first full hybrid from a European manufacturer. The electric engines, which have an output of 62 kW/84 hp and
60 kW/82 hp, are integrated into the transmission.

According to Mercedes, the ML 450 Hybrid consumes almost 50 per cent less fuel than the ML550, although it boasts over 90 per cent of the maximum power generated by the V8 model.

End to rise in vehicle emissions possible by next decade

End to rise in vehicle emissions possible by next decadeNew York - The rise in vehicle emissions could be halted by the next decade using an integrative approach involving improved fuel efficiency of combustion engines, second-generation bio fuels, electric vehicles and improved traffic flow, according to a study by McKinsey.

In the study entitled, "Roads towards a low-carbon future", the McKinsey researchers found that vehicle emissions could be 18 per cent below 2006 levels in 2030 using a combination of fuel-efficient combustion engines, hybrid engines and zero-emission electric vehicles.

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