Auto Sector

Lucas-TVS Plans Expansion

Lucas-TVS Ltd.
New Delhi: Auto component maker Lucas-TVS will invest up to Rs. 400 crore by next two-three years in order to swell capability and product growth. It is also planning to establish new constructing units in Indonesia and Thailand.

Arvind Balaji, Lucas-TVS Vice- President, said, “We will invest up to Rs. 400 crore over the next two-three years in R&D, manufacturing and capacity building.”

Maruti Will Not React To Another Company’s Plan - Khattar

Maruti Suzuki
New Delhi: Auto market head Maruti Suzuki thinks that the Rs 1-lakh car projected by Tata Motors is more a threat to two-wheeler makers than car manufacturers.

While addressing stockholders at its yearly general meeting, the company emphasized that a broader product range and new investments will push Maruti’s enlargement in Indian market.

Volvo Rolls Out 6 Sedan, SUV Versions in Indian Markets

Maruti To Invest Rs 90 Bn By Next 3 Yrs

Maruti Suzuki
Maruti Udyog, India`s biggest car manufacturer, is planning to invest Rs 90 billion in its new plants; up-gradation of its Gurgaon facility; and on new series engines for its cars.

The company is coming up with a new car facility and diesel plant at Manesar.

Maruti intends to export its next high volume car targeted at tile European market from India.

Bajaj Auto to take Legal Action Against TVS on Patent Infringement

Bajaj Motorcycle August Sales Down 7%

Bajaj Discover