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Sonalika ITL reports 26.9 pc growth in Feb

Sonalika ITL reports 26.9 pc growth in Feb

New Delhi, Mar 9 (UNI) Tractor brand Sonalika International Tractors Ltd reported a growth of 26.9 per cent in its total sales at 5549 units in February, 2017 against 4372 units in the same month last year. The export division of the company has achieved an outstanding growth of 153 per cent by achieving a figure of 1060 units sold, compared to 418 units in February 2016. Raman Mittal, Executive Director, Sonalika ITL said, “We are truly delighted with a growth figure of 26.9 per cent. Company have registered highest market share of 13 per cent and this all because of our continued commitment to providing the best our products to the farmers that is most suited to their needs.” “Our brand initiatives, market strategies and after sale services have helped us to maintain our growth trajectory. Our month on month growth is a testimony to our continued efforts in providing the best available experience to our customers through products and services with a complete high-end technical solution,” he added. Placing India on the world map Sonalika ITL is marketing its products in over 80 countries, including 25 European countries with product range from 20HP to 120HP, which are manufactured in India. The company has established, one of the world’s largest integrated tractor manufacturing plant equipped with world-class technologies at Hoshiarpur, Punjab. The new plant will provide a complete agricultural solution to cater to the needs of the global and domestic markets, matching international standards in quality. UNI ASH RJ 1354

SAIC

SAIC Motor to set up its first car manufacturing facility in India

New Delhi, Jun 28 (UNI) Saic Motor Corporation Limited, one of the biggest corporations in the world and the largest automobile giant in China, today announced its plan to enter the Indian automobile market through a fully-owned car manufacturing facility in the country.

TVS

TVS Motor Company inks pact with Abans Auto

Mumbai, Jun 28(UNI)TVS Motor Company, a leading two-wheeler and three-wheeler manufacturer in India announced its partnership with Abans Auto a leading distributor in Sri Lanka.

Volvo

Volvo and Autoliv team up with Nvidia for self-driving cars

STOCKHOLM, Jun 27 (Reuters) Volvo Cars and Swedish car safety supplier Autoliv have signed a deal with US firm Nvidia Corp, best known for its graphics technology in computer games, to develop software systems for self-driving cars.

Volvo

Volvo Cars relaunches Polestar as standalone electric car brand

STOCKHOLM, Jun 21 (Reuters) Geely-owned automaker Volvo Cars will make its Polestar Performance business a standalone brand within the group, focusing on electric cars, the company said on Wednesday.

VW's

VW's Slovak workers strike over pay, denting production

By Tatiana Jancarikova BRATISLAVA, Jun 20 (Reuters) Workers at Volkswagen's Slovak plants went on strike today over demands for a bigger wage rise, hitting a key part of the central European country's manufacturing output.

Ashok Leyland to further strengthen its market in North through iEGR tech for BS4 engines

Ashok Leyland to further strengthen its market in North through iEGR tech for BS4 engines

New Delhi, Jun 16 (UNI) Ashok Leyland, flagship company of the Hinduja Group, and the 2nd largest commercial vehicle (CV) manufacturer in India, today showcased its range of future ready products, based on indigenously developed, Intelligent Exhaust Gas Recirculation (iEGR) technology, and innovative industry-leading services at its Zonal Conference 2017.

SAIC Motor to set up its first car manufacturing facility in India

SAIC Motor to set up its first car manufacturing facility in India

New Delhi, Jun 28 (UNI) Saic Motor Corporation Limited, one of the biggest corporations in the world and the largest automobile giant in China, today announced its plan to enter the Indian automobile market through a fully-owned car manufacturing facility in the country.

Honda faces long haul to recoup jet costs

Honda faces long haul to recoup jet costs

TOKYO, Mar 27 (Reuters) After three decades building an airplane from scratch, Michimasa Fujino, 56, chief engineer of the Hondajet, might have to reach a ripe old age to see Honda Motor Co's pet aviation project recoup its development costs.

Auto Industry registers 8.39pc growth in April-May’ 17

Auto Industry registers 8.39pc growth in April-May’ 17

New Delhi, Jun 9 (UNI) Auto Industry Continues to Grow with satisfactory rate as the it produced a total 4,675,407 vehicles including passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycle in April-May 2017 as against 4,313,445 in April- May 2016, registering a growth of 8.

Ashok Leyland to further strengthen its market in North through iEGR tech for BS4 engines

Ashok Leyland to further strengthen its market in North through iEGR tech for BS4 engines

New Delhi, Jun 16 (UNI) Ashok Leyland, flagship company of the Hinduja Group, and the 2nd largest commercial vehicle (CV) manufacturer in India, today showcased its range of future ready products, based on indigenously developed, Intelligent Exhaust Gas Recirculation (iEGR) technology, and innovative industry-leading services at its Zonal Conference 2017.

BMW says shortage of parts from Bosch hampers production

BMW says shortage of parts from Bosch hampers production

FRANKFURT, May 29 (Reuters) German carmaker BMW said a shortage of steering gears supplied by Robert Bosch slowed production of its 1 series, 2 series, 3 series and 4 series BMW models and caused stoppages at its plants in South Africa and China.

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