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Monthly Archives: May 2013

Indian Drives » 2013 » May

Hyundai Sets up a New Test Centre at Nurburgring: Germans be Careful

Hyundai, Latest News
Article by Hamza Ansari
Hyundai Sets up a New Test Centre at Nurburgring: Germans be Careful
Nurburgring of Germany is the famous name in automotive industry as it puts the world’s toughest strain on a car during test drives, most probably for those who are going in the arena of sports car fraternity. Till date only the best are known to be qualifying this track, which is quite true. Here as a common trend, for capturing most of the time slots, carmakers had built up a R&D centre inside the track area itself, which now the Germans are seeing a new setup coming up at one of the spots there. And that particular setup belongs to none other than “Hyundai”. The carmaker who had hailed from Korea with not-so-heavy-bunch of expectation is now ruling the industry of automobiles, just [...]

Mercedes Benz To Launch B Class Diesel Soon

Latest News, Mercedes Benz, Upcoming Cars
Article by Hamza Ansari
Mercedes Benz To Launch B Class Diesel Soon
Recently fondled over the A Class launch, we were also speculating the B Class diesel to make a debut there itself. But to our contradiction there did not come any of the other badges than this and finally we were made to walk out of the venue with only a press kit of niche hatchback. But today, news came in plunging to our expectations that, Mercedes Benz had said to roll out B Class diesel in the span of next few weeks, which we can accumulate the period by end of this June. Initially B Class was done only with the petrol motor since launch but looking at the rising demand of diesel makers learnt the importance of oil burners in Indian kitty. But disappointingly they had delayed a lot for bringing [...]

2013 Opel Corsa Ecoflex Seen Testing in India

Latest News
Article by Hamza Ansari
2013 Opel Corsa Ecoflex Seen Testing in India
2013 Opel Corsa is seen doing tests rounds in India, which one of us maybe thinking that it’s getting ready for the local launch. But contradicting to our expectations, we came to know the test mule that is seen here is not for the launch but the owner of Opel i.e. GM tries seeking outputs from it for the derivation to be applied on India-specific various Chevrolet models. However, there is a strong reason for such, as said; the General Motors may be vying to get in boots right against Maruti and Hyundai. Though the previous attempt of Sail sedan and many more had went into vain for them, so the carmaker would have thought of giving these bugs a rocket shoot with the new flicks. If thought [...]

Rolls Royce Launches Wraith in Dubai, India Launch Soon

Latest News, Rolls Royce
Article by Hamza Ansari
Rolls Royce Launches Wraith in Dubai, India Launch Soon
Rolls Royce Wraith is the fastest yet sportiest Rolls ever produced from the stable of British carmaker, which is also able to do Nürburgring with great speed in spite of being loaded with a heavy kerb of luxury on board. That’s what it makes this niche bug to stand out from the rivals of horizon. As we said ‘niche’, then it means one of the debut to also happen in the land of oil rich Sheikhs, who are the actual merchants of possessing such metal gems wisely. Rolls just got right and now it held the launching ceremony of Wraith in Dubai at AGMC, the local dealer of Rolls-Royce Motor Car in Dubai, Sharjah and the Northern Emirates recently. Commenting on the launch, Osman Abdelmoneim , [...]

Mahindra’s fourth quarter profit rises by 42 percent

Latest News, Mahindra
Article by Ayan Sengupta
Mahindra’s fourth quarter profit rises by 42 percent
Mahindra and Mahindra announced the financial result for the 4th quarter which ended on 31st March 2013. The gross revenue and the other income of the Mahindra and Mahindra ltd. And MVML (entity) were Rs. 11342.3 crore in comparison to the Rs. 10333.6 crore last year- a growth of 9.8 percent. The profit on the exceptional item and tax for the current year was at Rs. 1230.4 crore against Rs. 868.0 crore last year with a growth of 41.8 percent. The operating margin for the combined entity has increased from 12.0 percent last year to current 14.4 percent. The strict focus on the cost control and strong performance by auto sector has rendered to this incredible growth. During the current quarter [...]
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