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CEAT INTRODUCES NEW LCV  RADIAL SIZES UNDER ‘MILAZE’ PLATFORM

  The new sizes are – 7.00 R16 | 7.50 R16 | 8.25 R16 | 235/75 R17.5. 7.00 R16 Milaze AW is designed with shoulders having deep grooves that lead to reduced heat build-up.New Delhi: Considering the growing trend of radial tyre usage in LCVs, tyre manufacturer CEAT Limited, has…

SHRIRAM  TRANSPORT INVESTORS NOT SO SURE ABOUT MERGER

  IDFC Group is more likely to benefit on the cross-selling front than Shriram Group entities.The IDFC-Shriram Ram group merger is set to create a financial conglomerate, but the street remains sceptical about the benefits the proposed amalgamation structure will bring its vehicle-finance arm, Shriram Transport Finance Company (STFC), which…

ASHOK LEYLAND GAINS ON SUN MOBILITY PARTNERSHIP

Shares of Ashok Leyland advanced in Wednesday’s trade after the company said it had formed a strategic alliance with SUN Mobility to develop electric mobility solutions.Following the development, the stock advanced 1.33 per cent to Rs 107 on BSE. It opened at Rs 107.10 and touched an intraday high and…

CEAT INTRODUCES NEW LCV  RADIAL SIZES UNDER ‘MILAZE’ PLATFORM
  The new sizes are – 7.00 R16 | 7.50 R16 | 8.25 R16 | 235/75 R17.5. 7.00 R16 Milaze AW is designed with shoulders having deep grooves that lead to reduced heat build-up.New Delhi: Considering the growing trend of radial tyre usage in LCVs, tyre manufacturer CEAT Limited,... Read more
SHRIRAM  TRANSPORT INVESTORS NOT SO SURE ABOUT MERGER
  IDFC Group is more likely to benefit on the cross-selling front than Shriram Group entities.The IDFC-Shriram Ram group merger is set to create a financial conglomerate, but the street remains sceptical about the benefits the proposed amalgamation structure will bring its vehicle-finance arm, Shriram Transport Finance Company (STFC),... Read more
ASHOK LEYLAND GAINS ON SUN MOBILITY PARTNERSHIP
Shares of Ashok Leyland advanced in Wednesday’s trade after the company said it had formed a strategic alliance with SUN Mobility to develop electric mobility solutions.Following the development, the stock advanced 1.33 per cent to Rs 107 on BSE. It opened at Rs 107.10 and touched an intraday high... Read more
THIS INDIAN SUPPLIER MAKES ITS DEBUT WITH TESLA
More reason to rejoice for the Indian automotive fraternity is that a Gurgaon-based auto component supplier, Sandhar Technologies has been selected to supply two wiper system parts for the Model 3. “Production unit 1 of Model 3 is now built and going through final checkout,” was CEO, Tesla Motors,... Read more
JCB INAUGURATES DEALERSHIP FACILITY IN KOZHIKODE
  With this state-of-the-art facility, Kadoor JCB will strengthen its presence in five key districts of Kerala – Kozhikode, Kasaragod, Kannur, Wayanad and Malappuram.JCB India and its dealer, Kadoor JCB have inaugurated a world class dealer facility in Kozhikode. Spread over 15,000 sq.ft., this facility has been set up... Read more
AS INDIA GOES GREEN, ELECTRIC VEHICLES FACE EARLY SPEED BUMPS
India’s bullish plans to switch over completely to electric mobility by 2030 might have caught the eye of Tesla Motors CEO Elon Musk, but there are several issues that require the government’s intervention if this pipe dream needs to turn into reality.Retail sales of electric vehicles in India is... Read more
COMSTAR AUTOMOTIVE TECHNOLOGIES DEVELOPING  ISG FOR HYBRID VEHICLES
Amidst the brouhaha surrounding hybrid vehicles, Chennai-based auto component manufacturer, Comstar Automotive Technologies (CATL) is developing an integrated starter generator (ISG) system for hybrid vehicles.Combining the function of both the starter motor and generator or alternator, the product will ensue in fuel savings of 7-15 percent in a hybrid... Read more
TATA MOTORS EXPANDS SMALL COMMERCIAL VEHICLE RANGE
The company is introducing ‘XL series’ in its Ace Mega, Ace Zip and Ace range, offering 15 per cent longer loading deck as compared to the standard versions, Tata Motors said in a statement Tata Motors today said it is expanding portfolio of its small commercial cargo vehicles under... Read more
SONALIKA ITL ENDS Q1 FY18 WITH SALES GROWTH OF 17.6 %
Due to this Sonalika ITL has recorded its highest-ever domestic quarterly sales of 22165 units, against 18725 units for the same period last year, a growth of 18.4%, claims the company. The tractor maker has a capacity to produce 3 lakh units per annum and has 7 lakh customers... Read more
APOLLO, JK TYRE MAY SEE RE-RATING
JK Tyre is the market leader in the commercial vehicles (CV) segment with 28% market share. Tyre stocks, including MRF, CEAT and Balkrishna, have gained 45-70 per cent in six months due to high earnings visibility and consumer nature of the business. These stocks now trade at 18-23 times... Read more
POST GST LOGISTICS SECTOR WILL BECOME MORE EFFICIENT
Supply chain management is back bone of manufacturing sector and logistics pay a crucial role in that. But Indian logistics segment is highly fragmented. While moving finished goods from manufacturing center to warehouses, and from warehouses smaller distributors, and then eventually to the end retailers, warehouses are very important... Read more
WAYMO WORKING ON SELF-DRIVING TRUCKS
WITH THE LIKES of Daimler, Volvo, and Uber working on self-driving trucks, it’s no surprise that the granddaddy of autonomous vehicles, Waymo, is getting in on the big-rig action too. Waymo (formerly the Google driverless car program, and now a standalone company under the Alphabet umbrella) is working to... Read more
GST PUSH FOR SMOOTH TRUCK RIDE AS CHECKPOSTS FALL
Several states, including Karnataka, Andhra Pradesh and Tamil Nadu, have dismantled border checkposts for commercial taxes with the introduction of GST, reducing hassles for truck drivers who often queued up for hours to clear the biggest hurdle in the movement of goods within the countrySome states like BJP-ruled Assam,... Read more
SIAM ELECTS RAJAN WADHERA AS VICE PRESIDENT
The Society of Indian Automobile Manufacturers (SIAM) has elected Rajan Wadhera as Vice President with effect from June 27, 2017. Rajan Wadhera, President – Automotive Sector and member of Group Executive Board, Mahindra & Mahindra Limited will take over as the Vice-President of SIAM from Ravi Pisharody who recently... Read more
PIAGGIO LAUNCHED THE NEXT GENERATION PORTER 700
Piaggio Vehicles Pvt Ltd (PVPL), announced the launch of the new Porter 700. Targeting the last mile transportation segment in the sub one-tonne category, at the recently held launch event at Mumbai, it was announced that the new Porter 700 replaces the Porter 600. The Porter 700 carry forward’s... Read more
ELON MUSK SAYS FIRST ALL-ELECTRIC SEMI-TRUCK WILL BE ON ROAD IN SEPTEMBER
Elon Musk, Founder and CEO of Tesla has teased the company’s first all-electric semi-truck in a TED talk held in Vancouver, Canada.Musk said “the truck was in its prototype phase and the company will reveal its first truck offering in September.”The image was revealed while giving out Tesla’s future... Read more

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