Pune

John Deere unveils 28 hp tractor to reap market share

John Deere India, which has been struggling for two decades in the fiercely competitative tractor market in India, plans to finally break into double digit market share in Asia’s third biggest economy.

On its 20th year in India, the fifth largest tractor maker, launched its smallest four-wheel-drive 3028EN tractor on Tuesday to fuel growth. It will take on dominant market leader Mahindra’s Jivo tractor launched in India last year.

The all new 28 hp John Deere tractor is targeted at small farmlands in the country.

Indian Motorcycle starts bookings for FTR 1200 S

Indian Motorcycles, America's first motorcycle company, has opened bookings for the new FTR 1200 S and 1200 S Race Replica models in India with the price tag of Rs 14.99 lakh and Rs 15.49 lakh at pan India showroom respectively.

The US-based niche bike maker had recently announced the launch of the new FTR 1200 bikes globally.

Interested buyers have to pay an initial amount of Rs 2 lakh at the Indian Motorcycles 10 dealerships across the country.

The Indian Motorcycle bike range starts from Rs 10.99 lakh onwards in the country.

Israeli firm introduces digital irrigation solution in India

Israeli irrigation firm Netafim, global pioneer of drip-irrigation system, has introduced ‘NetBeat,’ a technology solution to help Indian farmers grow more food with fewer resources.

In a country where water table is depleting rapidly and becoming scarce, it combines real-time data from the field with dynamic crop models to personalise irrigation programmes.

Yamaha launches new Saluto 125 and Saluto RX bikes

Yamaha Motor India, the subsidiary of Japanese two-wheeler giant Yamaha Motor Company, on Thursday expanded its bike range with the launch of two new variants to its Saluto bike lineup – the Yamaha Saluto 125 UBS and Saluto RX 110 UBS to boost sales in Asia’s third biggest economy.

The new Yamaha Saluto 125 UBS is available with drum brake and disc brake, priced at Rs 58,800 and Rs 60,500 respectively.

Both new variants get Unified Braking System (UBS) to meet the government safety norms that will be mandatory for all the bikes under 125cc from April 1, 2019. 

Tepid demand forces carmakers to slash production 21%

Passenger vehicle manufacturers across brands in India, including market leader Maruti Suzuki and Hyundai, have cut production sharply by 21 per cent to adjust to slowing demand. Maruti Suzuki and Hyundai command nearly 70 per cent of the market share in the world’s fifth and Asia’s third largest car market.

Continental to start production at Pune factory in 2020

German technology company Continental is setting up a factory in Pune with an initial investment of Rs 180 crore to manufacture premium surface materials for the automotive industry in 2020.

The €44 billion company will supply premium interior decorative materials such as the acella eco artificial leather to luxury carmakers like Mercedes-Benz, BMW, Audi, Volvo and mass car makers such as Maruti Suzuki, Tata Motors and Mahindra and Mahindra, among others, in the country.

Nov auto sales decelerate on low consumer sentiment

The Indian automotive industry is facing a slowdown despite overtaking Germany this year to become the world’s fourth biggest automobile market.

After the lacklustre festive season and softening of sales in October, it is bad news for passenger as well as commercial vehicle manufacturers in Asia’s third biggest economy.

Kia targets fifth position in India within 3 years

New entrant Kia Motors, the world’s 8th biggest South Korean car maker by sales, is charting out a strategic game plan to be the fifth largest car maker in India within three years.

The new brand would take on market leader Maruti Suzuki, its own sister brand South Korean Hyundai, India’s second largest car maker, Mahindra, Tata Motors and Honda.

BMW 6-Series GT is luxury & practical

In the growing luxury car market in India, the mid-size luxury sedan space offers multiple options for buyers. With the recent launch of the Mercedes E-Class LWB, a game changer model in the country, its German archrival BMW started feeling the heat.

But soon the Bavaria-based automaker introduced the BMW 6-Series Gran Turismo (GT for short) to take on competition and provide a good product for the competitive Indian luxury car market.

I took a long test drive to check it out.

Commercial vehicle growth remains strong despite liquidity crunch

The commercial vehicle (CV) segment in India is expected to grow despite the liquidity crunch and decline in profitability from fleet operators, credit rating agency, Icra said in its year end assessment.

Tightened financial scenario would have a near- term impact on commercial vehicles or CVs and small fleet operators (SFOs) with relatively weak credit profile would have biggest impact, the report said.

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