Tata Consultancy bags 5-year contract from Volkswagen Group UK

Tata Consultancy Services (TCS), a leading IT services, business solutions and outsourcing firm, on 13th May, 2009 has announced that it has been selected to deliver IT transformation and support services to Volkswagen Group UK Ltd in a five year contract.
TCS will leverage its Global Network Delivery Model™ to provide onshore and offshore IT support and transformation services for the Volkswagen Group’s operations throughout the UK, and across the brands Audi, SEAT, Škoda, Volkswagen Passenger Cars and Volkswagen Commercial Vehicles.
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Porsche Leipzig plant thrown open to visitors

The Leipzig plant of Dr. Ing. h.c. F. Porsche AG, Stuttgart, where the production of the new Panamera has started, was thrown open to the global public in Shanghai for the first time. The car slated for launch this September starts with some European markets. Porsche is manufacturing the four-door Gran Turismo together with the successful sporty Cayenne SUV on one product line. For this, the Leipzig plant has undergone a 22,000 square meter expansion over the course of two years. The state-of the-art production and logistics concept was also refined further during this time.

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Jaguar Rocketsports Racing unveils ALMS GT2 Program

Rocketsports Racing, Inc. (RSR) establishes a new entity, formed to build and race Jaguar XKR's in the ALMS GT2 category and the 24 Hours of Le Mans. Rocketsports Racing officially announced a GT2 program for the American Le Mans Series that will see the East Lansing, Michigan-based team reunite with the Jaguar brand by entering a Jaguar XKR for a partial season in 2009 with a full-season championship effort in 2010.

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Making lighter cars by Hyundai, Maruti and Honda gaining currency

Following the footstep of Maruti Suzuki India Limited, its arch-rival, Hyundai Motor India Limited (HMIL) is drawing up plans to rolling out lighter cars, by reducing the weight of each component in the near future, in a bid to cut down costs and improve the car's fuel efficiency and performance. In 2008, its shop-floor and R&D staff already contributed in reducing the weight of its cars by as up to 380 grams.
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CEAT launches 1st Wheel Management Centre in India at Sankagiri in Tamil Nadu

As part of its aggressive growth plans, Indian tyre major, CEAT Ltd. has launched its first Wheel Management Centre in Sankagiri for truck and bus radial tyres. Sankagiri has the potential of 7,000 new tyres per month of which 30 per cent are of radial tyres.With this launch, CEAT has further enhanced its reach to the masses in Tamil Nadu and the company is strongly looking forward to launch 20 stores in India by 2010. CEAT Wheel Management Centre will be a one stop shop for truckers for buying new tyres and retreading. CEAT has also launched exclusive centers at trucking hubs of the country for trucks.
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Bajaj-KTM to unveil streetbikes at 2010 AutoExpo in New Delhi

According to the latest buzz, Bajaj-KTM will jointly be rolling out streetbikes from Chakan in Maharashtra by 2010-11. Media reports claim that the Indo-Austrian motorcycle alliance is gearing up to unveil the streetbikes at the biennial Auto Expo in at New Delhi in India, during January 2010.
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Ratan Tata's caustic remarks on JLR pulls down share price by 4.28 per cent

According to reports in the media, Tata Motors’ shares went down by 4.28 per cent to Rs. 268.40 on BSE on 11th May, 2009, in the wake of chairman Ratan Tata telling The Sunday Times that the £1.15 Jaguar Land Rover was acquired when the boom was at its peak. Currently, it is in the process of raising nearly US$1.5 billion from overseas markets, and US$ 500 million may be raised by stake sale in various companies and raising funds from local banks.
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SKF India begins construction of Haridwar project to meet growing 2-wheeler market needs

SKF India, the leading technology and solutions provider of bearings, seals and related products, today announced the beginning of work for the new manufacturing site in Haridwar, Uttarakhand. The state of the art SKF technology will be operational by January 2010.The company will be investing 1500 million INR in this project and plans to employ more than 200 people. This plant will specifically cater to the automotive market segment in India. Situated over an area of 10 acres, the new bearing factory will have a production capacity of 40 million bearings. Deep Groove Ball Bearings will be manufactured at this site to cater to the demands of the automotive and manufacturing sector.
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BMW X6 First Drive in India

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Honda Insight becomes first hybrid vehicle to rank as best-selling vehicle in Japan

Honda Motor Co., Ltd. announced that Insight ranked as the industry's best-selling car among new vehicle registrations in Japan for the month of April 2009, with sales of 10,481 units (source: Japan Automobile Dealers Association). It is the first time in history for a hybrid model to be the industry's best selling vehicle in Japan for any monthly sales period.

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TVS Motor lines up 3 launches in 2009 - Apache RTR180 slated for May 2009

In a bid to enhance its footprint in the domestic market, TVS Motor Co. has announced an array of launches for the next few years, which includes 3 launches for this year. The company will introduce a new model called Apache RTR 180 by May 2009, followed by TVS Sport, a new edition of its Star Sport, and a new TVS Flame. The company had recently launched a new edition of the Apache 160 RTR Fi. Reports say that TVS also plans to launch a 200cc edition of Apache with ABS, in the future.
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Jenson Button wins 2009 Spanish GP F1, Force India sees mixed fortunes

On 10th May, 2009, Brawn-Mercedes driver, Jenson Button won the FIA Formula One 2009 Spanish Grand Prix at Circuit de Catalunya, Montmeló, Spain. This marks his fourth win this season. His teammate Rubens Barrichello finished second, owing to the three-stop fuel strategy. Australian Mark Webber also gained from an earlier pit-stop to overtake his teammate Vettel and finished third.
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M&M unfazed by US downturn, to launch pick-up trucks by end-2009

Even though the US auto market is down in the dumps, Mahindra & Mahindra (M&M), India's largest utility vehiclemaker, is going fast on its launch plans for its new generation diesel-powered and cleaner-burner SUVs and pick-up trucks in the United States.

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Audi launches Start-Stop & Energy Recovery Systems

Audi is consistently pressing forward to improve fuel economy and CO2 emissions. Starting in the second quarter of 2009, the modular efficiency platform will benefit from additional new technologies: The on-board computer with the efficiency program and the start-stop system will raise the efficiency and convenience of the Audi models to a new level. By 2012 the fuel consumption of the Audi model range should drop by 20 percent.
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