December 22 to 31
 
 
Ceat Announces Price Cut
Attractive Package for Audi A6
Kolbenschmidt Pierburg Group at SIAT 2009
Toyota to Increase Prices
Mercedes Reaches a Landmark in E-Class Sales
 
News Archives
Ceat Announces Price Cut

Ceat has announced a price cut to the tune of 3 to 4 per cent on its truck tyres. This is the second round of price cut announced by Ceat within a span of 10 days. The earlier price cut involved a price reduction of about 3.6 per cent. With this fresh round of price cuts, Ceat tyres will cost 6.6 per cent to 7.6 per cent less. The new prices will be immediately.

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Attractive Package for Audi A6

Audi (India) has announced a attractive package for the Audi A6. This includes a finance at 0 per cent for Audi customers along with an extended warranty of two years in addition to the normal two years warranty. The extended warranty will include all items which are covered in the initial two-year manufacturer warranty. This comes after the price reduction announced by the company owing to the reduction in cenvat duty by the government.

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Kolbenschmidt Pierburg Group at SIAT 2009

Kolbenschmidt Pierburg Group will mark its presence at the SIAT 2009 to be held in Pune in January 2009. Four Group companies, Pierburg, Pierburg Pump Technology, KS Aluminium-Technologie and KS Gleitlager will be exhibiting at the meet. In India, the Kolbenschmidt Pierburg Group has been gaining a steady presence for some time now. In 2007, Pierburg GmbH founded its own subsidiary in India with Pierburg India Private Ltd., based in Pune. 

Right now Pierburg is setting up its own production facility in the Pune region. With its acknowledged competence Pierburg will be accessing the subcontinent’s vast market potential especially since local emission codes are moving closer in the direction of international standards. In 2008, the group company, KS Aluminium-Technology GmbH, inked a licence agreement with Jaya Hind Industries for the development and production of cylinder heads, engine blocks, bed plates and other castings destined for national and international auto manufacturers and auto industry suppliers. 

Experts on hand from the Kolbenschmidt Pierburg Group at SIAT 2009 will be covering the product divisions emission control, actuators and solenoid valves, oil-, water- and vacuum pumps, aluminium motor blocks and cylinder heads as well as bearings and bushings for different automotive solutions.

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Toyota to Increase Prices

Toyota Kirloskar Motor (TKM) has announced that it would increase the price of its key models, Innova and Corolla Altis from January 2009. The price increase will be in the range of Rs 10,000 to 25,000 for Innova and Rs.16,000 to 25,000 for the Corolla Altis. The reason for the increase, according to the company, is certain circumstances that are beyond its control, like the increase in the Rupee/Dollar exchange rate by 20 per cent in the last 3 months.

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Mercedes Reaches a Landmark in E-Class Sales

Mercedes-Benz has delivered 1.5 million units of the current E-Class series to customers since the model’s market launch six years ago. Delighting around 12 million customers worldwide across eight model generations, a total of 1,270,000 sedans from the current E-Class series have been delivered worldwide since the model was launched in 2002, while 230,000 customers have opted for the station wagon version. The most important markets for the E-Class are Germany and the US, each of which accounts for approximately 25 per cent of total sales. 

The most popular E-Class engine versions are the E 220 CDI and E350, each of which attracts ten percent of all E-Class customers. Some 40 percent of all customers select a diesel-powered vehicle. In 2007 innovative BlueTEC diesel technology was launched for the first time in a passenger car in Europe - in the E 300 BlueTEC. This European introduction was preceded by the launch of the E320 BlueTEC in the US in October 2006. 

With BlueTEC, Mercedes-Benz has succeeded in greatly reducing emissions and ensuring compliance with the EU5 emission standard. Innovative BlueTEC technology has thus made the diesel engine one of the cleanest and most efficient drive systems in the world.

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