How to Maintain a Car?

With increasing buying capacity of people, cars have become extremely common on Indian roads. Almost every family has at least one car in its parking yard. It is categorised as the most convenient vehicle amongst all. In order to live a long life with this vehicle, it is important to take care of its regular maintenance. If this activity is performed on a regular basis, it will ensure a great performance of the car. Here are some of the maintenance tips that will certainly make a car safe and a worth to ride on road.    Get the car...

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JBM ventures into bus manufacturing

JBM has launched a low-floor bus ‘CITYLIFE’, specially designed for intra-city travel in the country. The bus will be manufactured locally by JBM in technical collaboration with ‘BredaMenarinibus’, European bus maker, with a total investment of Rs. 500crores. The bus will be manufactured at JBM’s production facility in Faridabad and Kosi, where 2000 units are manufactured annually...

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SAMIL targets 30-50% growth in FY 2014-15

With huge demand generating in the pre-owned segment of vehicles and equipment, SAMIL aims for 30-50% growth in FY 2014-15. The company plans to touch a figure of Rs.100Cr for its service charges which is 3-5% on average ticket size of Rs 1.75-2 lakh. After recording 50,000 transactions in the last fiscal, SAMIL has already gone beyond a number of 1 lakh in transactions for the current fiscal. On a monthly basis, the company conducts 10,000...

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Better demand in Commercial Vehicle Segment due to infrastructure projects

After recording terrible numbers in the previous few months, the commercial vehicle segment is likely to expect better demand in coming days.  The infrastructure projects, awaited for clearance from last 2–3 years, have now started gaining pace in terms of approvals. In fact, many big projects have received green signal in the last few months. &nbs...

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Hero MotoCorp sale grew in February

While maintaining the consistency of over 5 lakh units in its sales, Hero MotoCorp reports a marginal growth for the month of February. It sold 5,04,181 units in comparison to 5,01,271 units in February, 2013. suggested readings:  Various methods of selling used construction equipment...

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Ashok Leyland Sales Report for February

Ashok Leyland (ALL) reported a total sale of 7,915 units for the month of February 2014 in comparison to 10,046 units in February, 2013, which means a decline of 21.2%. Its LCV sale dropped to 2,339 units in February 2014 from 3,001 units in February 2013. From April to February 2014, ALL witnessed a sale of 79,056 units whereas it sold 1,00,592 units in the previous year which means a fall of 21.4%. Its medium and heavy commercial vehicles sale from April to February 2014 is 52,624 units in comparison to 70,000 units in previous year. For its light...

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Market likely to focus on auto sales, reaction to GDP growth

As Indian gross domestic product (GDP) witnessed a subdued growth of 4.7% for December quarter in comparison to 4.8 % and 4.4 % in the last two quarters, trading will be carried out as a reaction to the same in this week. A major focus is expected to be on auto stocks as it came across a declining sales data in February. Companies, like Tata Motors, Maruti Suzuki and Mahindra & Mahindra reported a turn down in their sales. Suggested readings: RISING DEMAND OF USED CARS IN INDIA ...

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