Auto Newsletter - July 10 to July 14, 2017

India Infoline News Service | Mumbai | July 15, 2017 09:53 IST

This week, “Maruti Suzuki India Maruti Suzuki India (MSI) seems to be on an expansion mode as the car maker is going to set up individual service outlets for its premium retail chain Nexa and plans to set up 300 of these by 2019-20.”

Top news

Mahindra plans to build tractors in US

Mahindra & Mahindra is planning to build a tractor manufacturing plant in the US within 3-5 year in order to meet the growing demand for its product in the country. With the setting up of the new plant, the company will also move into the bigger segment of tractors that is up to 160 hp.

The company is growing in the US market in the range of around 20-30%, with a 12-13% market share in the up to 120 hp tractor segment. Read More

M&M launches Jeeto Minivan

Mahindra & Mahindra, a part of the Mahindra Group, announced the launch of the Jeeto Minivan, its passenger carrier developed on the Jeeto platform.

The Jeeto Minivan is best suited for urban and semi-urban modes of transportation and will cater to last mile connectivity, contract and stage carriage use for tour/travel purposes and intra-city people movement. Read More

Maruti Suzuki to revamp sales outlets to attract young buyers

Maruti Suzuki India Maruti Suzuki India (MSI) seems to be on an expansion mode as the car maker is going to set up individual service outlets for its premium retail chain Nexa and plans to set up 300 of these by 2019-20.

The company currently has 250 Nexa showrooms and in the current fiscal plans to set up 60-70 Nexa service outlets and by 2019-20 the number will go up to 300, reported a news agency. Read More

Disclaimer: The contents herein is specifically prepared by ‘Dalal Street Investment Journal’, and is for your information & personal consumption only. India Infoline Limited or Dalal Street Investment Journal do not guarantee the accuracy, correctness, completeness or reliability of information contained herein and shall not be held responsible.

 

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