A month in the India Transport Sector (No 28)
Copyright India Transport Portal. Edited by Digital Bizzline Ltd. All rights reserved
CARS IMPORTED FROM THE EU TO BECOME CHEAPER
It may be dark days ahead for Indian vehiclemanufacturers following the Free Trade Agreement(FTA) between India and the European Unionallowing the latter to export lower-price cars to theIndian market.
LUXURY CARS THRIVING
AMID INDIA’S SLUMPIN
Surprisingly, in spite of the downturn in the industry,the luxury car sector, which constitutes only 1% ofthe sales, is showing an upswing.
INDIAN GOVERNMENT APPROVES QUADRICYCLES
These four-door low-speed vehicles weigh just 450kilograms, provide a mileage of 35 km/litre, and arepriced at 1.5 lakhs (approx. 2,500 USD).
NISSAN INDIA: MORE THAN 22,000 SUNNY AND MICRA CARMODELS RECALLED
The defect is understood to be due to a potentialflaw in the master brake cylinder. In India, thesemodels are produced at the Oragadam plant inChennai.
MERCEDES-BENZ A-CLASS CONFIRMS RECEIVING MORETHAN 400 ORDERS
The company showed sales growth of 5.3% in the
first quarter of 2013. “We are satisfied with the
company performance in this quarter given theoverall
strain in the Indian economy” said Eberhard
Kern, managing director and CEO of Mercedes-Benz India.
CHEVROLET: TO INCREASE PRICES ACROSS THE BOARD
P. Baledran, Vice President of General MotorsIndia recently declared, "We have decided toincrease the prices of all our vehicles up toRs.10,000 (approx. 165 USD) depending upon themodel
-HOUSE ALGORITHMCALCULATES THE ESTIMATED TIME OFARRIVAL OF BUSES, BASED ON GPSLOCATION AND CURRENT TRAFFICON ROA
D” MANICA AGGARWAL,
DEPUTY GENERAL MANAGER- DATAANALYTICS AT DIMTS
Manica Aggarwal isDeputy GeneralManager- Data Analytics,at Delhi Integrated MultiModal Transit Company Limited. Shehas more than 15 years of experiencein Market Research, Data Analyticsacross various Industry verticals.
NEW BUSES ON THE ROAD
Haryana aims to enhanceits public transport byincreasing its fleet to 350buses by the end of theyear. It is proposed that atleast ten of these buses will be low-floored luxury buses. They will beeither Mercedes Benz or Volvo, andwill cost INR 10 crore (approx. 2 millionUSD). The Haryana government is alsopurchasing 50 air-conditioned buseswhich run on the environmentally-viable compressed natural gas(CNG). These buses will be of theMarcopolo brand of Tata motors, andwill cost INR 32 crores (approx. 6million USD). Ten of these will join thefleet in July and ten more areexpected to be on the roads byAugust. The inclusion of luxury buseswill be accompanied by theconstruction of new bus stops, withone air conditioned bus stop plannedfor sector 29 of Gurgaon.