Volkswagen has made an announced for recall of unspecified number of Polo GT, Vento and Jetta models in India manufactured between April 1, 2015 and March 31, 2017. In a public notice dated September 15, the company said the recall was to make ?necessary updates? for Polo GT 1.5 and Vento 1.5 with manual transmission. While for Jetta 1.4 TSI, it is for replacement of O-rings in carbon canister as per the Conformity of Production (COP) process agreed with ARAI. A carbon canister is used to absorb fuel vapour to prevent pollution.
Piaggio India has launched a new range of its 2018 editions of Vespa and Aprilia scooters with tech-enabled features such as GPS tracking, USB charging port and other connectivity options. These editions also come in new colors of matt black, blue, glossy red and white for Aprilia range. It also comes with adjustable suspension and new graphics, digital instrument clusters, alloy machine cut wheels and also new wind shields. The company has launched new mobile app for the scooters in android and ios platforms. These apps will help users to access accurate GPS information and emergency contact details, and help locate nearby service centres. It also includes a distress button, ?find my vehicle? function and helps locate nearby petrol pumps.
Borg Warner Systems is expanding its manufacturing plant in Kakkalur in Thiruvallur in Kanchipuram district of Tamil Nadu. The company is expanding their activities in anticipation of emerging demand from new engines on account of enforcement of BS IV and V norms. Recently, the company has set up a new production line for variable cam timing (VCT) systems which are known for improving fuel economy, reliability and engine efficiency. The company is also a global leader in electric vehicle propulsion systems, which may drive future growth in India.
Suzuki Motorcycle has launched its adventurer tourer V-Strom 650XT ABS bike in the country which is priced at ? 7.46 lakh. The motorcycle is equipped with 645 cc V-twin engine, and comes along with features like tubeless tyres, informative multi-function instrument panel, fuel injection system, a 20-litre fuel tank and LED tail lights etc., The new bike V-Strom 650XT is assembled in India, is the third offering from Suzuki Motorcycle India in the current financial year
Mercedes Benz, successful model GLC SUV is in great demand. It has been produced at its Bremen lead plant as well as in Beijing /China, Finland and Pune in India. With China US trade war, importing the same into US market does not make sense with a stiff tariff barrier. Exporting the same from Chakan production plant in Pune makes sense as other options are through contract manufacturers. The move will immensely benefit in improving the image of Indian production quality. Currently, the localization of Indian Mercedes cars are around 50% will also help the local industries. Mercedes-Benz India has a capacity of 20,000 units at its Chakan plant and the company had invested close to ? 1,600 million in 2015 where the production capacity has been increased to 20000 units of which 75% is ut
Ministry of Road Transport and Highways (MoRTH) has approved a new class of vehicle to ply on Indian roads ? the quadricycle. The ministry has already issued a notification on the standards for quadricycles, like weight, emission and safety worthiness. The first quadricycle will be of Bajaj Qute - which was launched in India in 2012 but could not get off due to lack of classifcation of quadricycles in India. Now, it is mandated that a vehicle will be classified as a quadricycle if its kerb weight is under 475kg, it passes the new safety and crash tests that have been mandated, and clears emission tests that have been created for various powertrains including petrol, diesel, CNG, LPG, hybrid and even electric.
Indian Automotive Industry one of the largest in the world contributes around 7% to Indian GDP and enjoys 100% FDI through automatic approval route. The industry is also set to become an production hub for other countries. Its exports have been growing up - with significant contributions from Hyundai, Maruti, Ford and Nissan. Now General Motors is also planning to invest exclusively for export market. The industry is also evolving to move from IC engines to electric and hybrid vehicles, stricter anti-pollution norms and tougher measures on parking space. However, it is set and growing at 10% to 12% over the past years.
Indian automotive industry is present as clusters in North - Gurgaon, Tapukara in Rajasthan, Uttaranchal, Pithampur belt in Madhya Pradesh, Pune in Maharasht
Seat-belts and airbags are safety features available in most current generation cars. However, unfortunately these are not available for kids and expose them to danger. To provide them safety, Maxi-Cosi and mobile airbag company Helite has launched the first child seat with built-in airbags, branded as AxissFix Air. The airbag is suitable for children aged between four months and four years and it has Isofix tethers, a 360-degree rotating base and two small airbags (which could be triggered by sensor in 0.05 sec) mounted in the shoulder pads of the seat.
Automotive industry - facing onslaught from various directions like anti pollution measures, tectonic shift to electric vehicles has ended the FY 2017-18 on a positive note. The industry produced a total 29,075,605 vehicles including Passenger Vehicles, Commercial Vehicles, Three wheelers, Two Wheelers registering a growth of 14.78 percent over the same period last year. Its domestic sales grew by 7.89 percent in April-March 2018 over the same period last year. Within the Passenger Vehicles, Passenger Cars, Utility Vehicle and Vans grew by 3.33 percent, 20.97 percent and 5.78 percent respectively in April-March 2018 over the same period last year.
The overall Commercial Vehicles segment grew by 19.94 percent in April-March 2018 as compared to the same period last year. Medium
IRDAI - Insurance Regulatory Authority of India has proposed reduction in premium on insuring small private cars and certain types of two-wheelers. However, it has plans to raise the same for several categories of goods vehicles. The authority has released exposure draft on premium rates for motor third-party (TP) insurance covers for 2018-19 fiscal and has invited stakeholders comments till March 22. The draft proposes to increase the premium on e-rickshaw from the existing Rs 1,440 to Rs 1,685 in the next financial year starting April 1. The regulator has proposed to lower the premium for third-party insurance, which is mandatory, on cars with engine capacity of less than 1,000 cc to Rs 1,850 from the existing Rs 2,055.