Tasked with turning around Tata’s sales slide, among other problems, is new CEO and managing director Guenter Butschek, previously chief operating officer of Airbus and head of Daimler’s joint automaking venture in China.
The automaker has developed two new, versatile multipurpose platforms, one due this year and the next in 2017. It also is working on six small eco-friendly engines, three diesels and three gasoline models.
The Indian subsidiary is assuming key responsibilities within the Ford organization, particularly as a development base for the automaker’s new-vehicle platform designated for most of its models in emerging global markets.
To keep up with the changing market, some automakers are using more modular platforms and parts designed for multiple uses. This helps them develop product plans for up to 10 years while maintaining contact with young buyers.
Suzuki Motor Gujarat, wholly owned by the Japanese automaker, will build Maruti Suzuki-branded light vehicles built to the joint venture’s specifications. The deal provides India’s No.1 automaker with urgently needed capacity.
By establishing its SMG subsidiary, Suzuki appears to be distancing itself from Maruti Suzuki, even though it holds a 56% stake in the JV. The Japanese automaker anticipates substantial earnings from the cars it will make for Maruti Suzuki at two new plants.
Despite evidence that VW misrepresented emissions data to Indian authorities, the automaker need look no farther than a similar case involving General Motors India to see its actions might not carry a severe penalty.
Not satisfied to coast on profits from engine building, Fiat India is revisiting its India car-building and -marketing strategies to match the qualities offered by competitors’ products, President and Managing Director Kevin Flynn says.
Engineers with Suzuki and its Indian joint venture were tasked with developing a low-maintenance engine with high fuel efficiency, compliant with current and future emissions standards and able to fit in Suzuki’s full range of small cars.
Last year, Hyundai was the first automaker in the world to sell a vehicle powered by a hydrogen fuel cell. Hyundai Vice Chairman Woong-chul Yang makes it clear the automaker plans to be a trailblazer in hybrids as well as fuel cells....More
New-car sales in China are expected to grow at least 5% this year. But margins on those sales, already small, have vanished for many dealers. Retailers now are looking to look to areas such as finance and insurance and used-car sales for profits....More