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Detroit's loss is Maruti's gain as it picks engineers for its R&D pool

According to reports in the media, Maruti Suzuki India Limited (MSIL) is in the process of hiring expat engineers from Europe, Japan and US, which will help it to roll out global compact cars in the next few years.
It may be recalled that MSIL had participated at Society of Auto Engineers (SAE), 2009 World Congress Career Fare in Detroit on April 20-21, 2009 from where it has reportedly added 10 people on its rolls, as claimed by Business Standard. The , adding that the company is recruiting for specific high-tech fields like engine, transmission, body electricals, car designing , automotive styling, powertrain (engines & gears) development, modeling, structural bodywork, product planning, brakes, suspension, safety & crash, interiors, BIW (body in white exterior), as quoted by the spokesperson.
for full story click here : Detroit's loss is Maruti's gain as it picks engineers for its R&D pool

Eicher's E2 Plus series of trucks launched in Hyderabad

‘E2 Plus’, a new series of light and medium duty trucks, has been recently launched by Eicher Trucks and Buses at Hyderabad in Andhra Pradesh. The 'E2 Plus' series of trucks are a result of Eicher’s continuous endeavor to improve andupgrade their products so that these products give more value and more benefits to customers and is available in all standard configurations in BS-II and BS-III models; and are built on the value proposition of improved mileage and performance over the current.

for full story click here : Eicher's E2 Plus series of trucks launched in Hyderabad

CRISIL grants 'AAA(so)' rating for Tata Motors debentures

CRISIL has assigned its rating of ‘AAA(so)/Stable’ to Tata Motors Ltd’s (TML’s) secured, guaranteed, low-coupon, premium redemption debentures. The rating is based on the irrevocable and unconditional guarantee provided by State Bank of India (SBI, rated ‘AAA/Stable/P1+’ by CRISIL) securing all principal, redemption premium and interest obligations, and on the payment structure that is designed to ensure full and timely payment to the lenders. The guarantee can be invoked by the trustee, Vijaya Bank, in the event the designated account is not funded by TML as per the transaction structure. Upon invocation of the guarantee, the guarantor, SBI, is liable to pay on demand, and not later than seven business days from the date of the notice, the full amount due by TML to the debt-holders. TML is required to reimburse SBI within 30 days for any amounts funded by SBI (upon invocation of guarantee) to the trust account for making a scheduled payment on the debentures.
for full story click here : CRISIL grants 'AAA(so)' rating for Tata Motors debentures

Fiat India to launch Grande Punto petrol and diesel versions in second half of 2009

Fiat Automobile India Limited, a 50:50 joint venture between Fiat S.p.A and Tata Motors, is all set to launch its hatchback- Grande Punto- in the second half of this year. Based on its C-segment model Linea’s platform, Grande Punto will be available in both petrol and diesel versions. Though no official intimation has been provided by the company, it is expected that the Fiat Grande Punto will be launched in three variants - Active, Dynamic, and Emotion.

for full story click here : Fiat India to launch Grande Punto petrol and diesel versions in second half of 2009

Daimler acquires 10 per cent stake in Tesla Motors

Daimler AG has announced that it has acquired an equity stake of nearly 10 percent of Tesla Motors Inc. which deepens the relationship between the inventor of the automobile and the newest member of the global auto industry. Tesla is the only production automaker selling a highway capable electric vehicle in North America and Europe.The two companies have already been working closely to integrate Tesla’s lithium-ion battery packs and charging electronics into the first 1,000 units of Daimler’s electric smart car. In order to benefit from each other’s know-how, the investment enables the partners to collaborate even more closely on the development of battery systems, electric drive systems and in individual vehicle projects.

for full story click here : Daimler acquires 10 per cent stake in Tesla Motors

Gentex Auto-Dimming Mirrors for Toyota's IQ and other compact vehicles

Gentex Corporation, the leading supplier of automatic-dimming rearview mirrors to the worldwide automotive industry, has announced that it is shipping auto-dimming interior rearview mirrors for Toyota's new three-seat urban cruiser, the iQ and the new generation Yaris. The iQ is sold in Europe and Japan, and the Yaris is available in Europe and the Middle East. The new iQ comes in just two trim levels, the iQ and iQ2.

for full story click here : Gentex Auto-Dimming Mirrors for Toyota's IQ and other compact vehicles

TVS allowed by Madras High Court to use Bajaj twin spark plug technology

TVS Motor Company has been allowed both appeals by the Madras High Court following an injunction earlier granted in favour of Bajaj Auto Limited for restraining TVS Motor Company from manufacturing and selling its 'TVS FLAME' motorcycle involving twin spark plug technology.
for full story click here : TVS allowed by Madras High Court to use Bajaj twin spark plug technology

Maruti Suzuki stop-start technology for its cars to save fuel by upto 10 per cent

In its bid to enhance the fuel efficiency of its product portfolio , Maruti Suzuki is reportedly considering to roll out cars with added stop-start technology to the vehicle. This technology, which is said to boost fuel economy by around 5-10 per cent, will be pricier by Rs.10,000-20,000 to Maruti's existing model's price. There are media reports that India's largest passenger carmaker is in talks with Bosch to provide their patented technology to them . Maruti will be selling the micro-hybrid versions along with its existing models.
for full story click here : Maruti Suzuki stop-start technology for its cars to save fuel by upto 10 per cent

Michelin Truck Service Centre opens at Kotputli near Jaipur

Michelin, a worldwide leader in tyres and mobility opened first of its kind truck service centre MTSC (Michelin Truck Service Centre) in Kotputli, near Jaipur. The one-stop shop is equipped with state of the art facilities including a computerized Truck tyre Alignment Machine, Truck tyre balancing machine, Truck tyre repair machine etc and offers end to end tyre-related services for trucks. It was inaugurated by Mr. Jean Paul Caylar, CEO, Michelin India, in the presence of Philippe Neyrat, head (Sales & Marketing), and Harkesh Jaggi, manager (Distribution) and other officials & guests.
for full story click here : Michelin Truck Service Centre opens at Kotputli near Jaipur