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Honda Siel To Boost Jazz Production By 50%Saturday, August 29, 2009 Honda Siel Cars India (HSCI) expects a double-digit rate of growth in its sales during FY 2010 and is looking at boosting production of the recently launched Jazz hatchback by 50% from September this year. However, the company believes that demand would still be relatively weak in the immediate future, and does not warrant the completion of its second manufacturing facility in the country (near Alwar, in Rajasthan) to be completed before 2011.
HSCI's plant in Rajasthan, which is being set up at an investment of Rs 1,000 crore, was supposed to have been completed by the end of this year. However, while the plant is partly complete and the company is already producing certain parts for the Honda City and Jazz there, production of complete cars at the Alwar plant will only start by 2011.
In the meanwhile, Honda Siel will start running two shifts at its plant in Greater Noida from next month, instead of the single shift it's currently running. Production of the Jazz is slated to be increased from 5,000 to 7,500 units per month, from September this year.
[Via: indiaautomotive]
Recent Auto Manufacturers News- Audi: Sales Up 69% In India, In August 2009 9/2/2009
Audi has reported a 69.31% hike in its sales in India during August this year, at 171 units, as against 101 units in the year-ago period.
- Fiat India May Hike Car Prices 8/29/2009
Fiat India is considering raising prices of its cars as the margins are under pressure. Fiat expects to sell in excess of 27,000 units this year on the back of newly launched cars, the Grande Punto and Linea. Fiat will start exporting the Linea to South Africa from September. The company had announced Rs 4,000 crore investment in India operations.
[Via: motorbeam]
- Hyundai Introduces Updated Santro 9/2/2009
Hyundai Motor India Ltd., the country's largest exporter and the second largest car manufacturer today introduced the new model of its flagship brand Santro. The new Santro has been designed with luxurious interiors and improved exterior features to further enhance its appeal to the customers.
- Hyundai's Domestic Sales Up 12.9% In August 2009 9/2/2009
Hyundai Motor India Ltd. (HMIL) has reported a 12.9% increase in sales in the domestic market during August this year, at 24,401 units, as against 21,610 units in August 2008. Exports went up from 23,100 units in August 2008, to 25,120 units during August this year.
- Mumbai Police To Patrol On Yamaha FZ-S 9/1/2009
- New Skoda Laura to feature at Lakme Fashion Week 8/31/2009
- Skoda Offers 2 Years Warranty On Parts & Accessories 9/2/2009
- SkodaAuto India Inaugurates Fahrenheit Automobiles 8/29/2009
- Tata Motors August Sales Rise 14% 9/2/2009
- Toyota India Targets 150 Dealerships By 2010 9/1/2009
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