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Feb 21, 2013

TRUCKMAKERS NEWS * INDIA

* India - Tata Motors Jamshedpur plant rolls out 2 millionth truck 

 Jamshedpur,India -PTI/Industan Times -20 Feb 2013: -- Country's automobile giant TataMotors Jamshedpur plant has rolled out of the two millionth (20 lakh) truck from its world-class manufacturing facility... Established in 1945, Tata Motors had rolled out its first millionth vehicle on December 9, 1990, about 45 years after the company was set up, while the second millionth vehicle took about 23 years... Jamshedpur plant is equipped with state-of-the-art equipment and assembly lines to produce a truck every five minutes, over 200 models ranging from multi-axle trucks, tractor-trailers, tippers, mixers and special application vehicles... Some key technologies in Tata Motors M and HCV trucks today are ABS (Anti-Lock Breaking system), enhanced HVAC (Heating, Ventilation and Air Conditioning) systems, automatic transmission, telematics for fleet tracking, power steering, motorised headlamps, adjustable telescopic steering systems, cold start, on-board diagnosis, pneumatically suspended seats, keyless entry, light intensity control (for Prima cabin), music system, clutch pedal assist, electronic instrument cluster and other ergo pack features. Electronic stability control (ESC) in tractors and Anti slip regulation (ASR) are new technologies being developed... Besides India, these vehicles are sold in South Africa, Russia, Myanmar, SAARC region and Middle East... 

* India - Truck makers employ multi-layered strategy to increase sales.  Tata Motors and Ashok Leyland launch fuel-efficient models and offer corporate discounts to tackle competition

(Photo: Priyanka Parashar/Mint - Tata Motors, which sells one out of every two trucks bought in the country, last month started a four-year extended warranty on its entire range of heavy trucks of 25 tonnes and higher gross vehicle weight) 
Mumbai,India -MINT/The WSJ (USA), by Shally Seth Mohile -Feb 20 2013: -- India’s two biggest truck and bus makers, Tata Motors Ltd and Ashok Leyland Ltd, are employing a multi-layered strategy to increase sales in a sluggish market while working towards tackling competition from new entrants such as Daimler AG of Germany and Beiqi Foton Motor Co. Ltd of China... They are launching models that are more fuel-efficient with a better power-to-weight ratio besides offering corporate discounts and extended warranties to attract customers in an approach that combines technology tweaks and monetary incentives... Truck sales have been hit badly by the slowing economic growth. Sales of medium- and heavy-duty trucks fell by a fourth to 180,565 units in the 10 months to January from 237,824 units a year ago, according to the Society of Indian Automobile Manufacturers (Siam)... Competition in the shrinking market is set to increase, threatening to cut the market share of Tata Motors and Ashok Leyland... Tata Motors, which sells one out of every two trucks bought in the country, last month started a four-year extended warranty on its entire range of heavy trucks of 25 tonnes and higher GVW, or gross vehicle weight. For the past six months, it has been transporting heavy-duty trucks and buses to their destinations on specially designed trailers, without truckers having to drive them for long distances... For every such vehicle transported on a trailer, Tata Motors incurs an incremental cost of Rs.15,000-30,000, depending on the vehicle and the distance. But they said the volume and scale of the order justified the additional cost. Currently, there are 4,700 such custom-built trailers on the road. He hopes to add 700 by the end of March...


* Daimler launches light duty trucks in India

Mumbai,India -Business Today, by N. Madhavan -February 20, 2013: -- On Wednesday, Daimler AG, the world's largest truck maker and the latest entrant into the highly competitive Indian commercial market, broad-based its product portfolio by launching three light duty vehicles... The products - one nine tonner and two 12 tonners - will join three other heavy duty trucks the company launched last year... These launches come at a time when the country's commercial vehicle sector is witnessing a significant slowdown, forcing existing players such as Tata Motors and Ashok Leyland to scale down production... The company, which began selling trucks last year, has so far sold 1,200 units through 32 dealers... The adverse market conditions have considerably widened the price gap between Daimler's products, which are sold in India under the brand name Bharat Benz, and the competition. Rivals have resorted to massive discounts to push volumes in a sluggish market... 


* India - Mahindra To Invest Won 80bn In Ssangyong 

Mumbai,India -Automotive World (UK), by David Isaiah -14 Feb 2013: -- Indian automotive manufacturer Mahindra and Mahindra has announced that it will invest around Won 80bn (US$73.73m) in its South Korean subsidiary Ssangyong Motor... This investment will be through subscription to a preferential offer. Ssangyong expects this capital increase to improve its financial structure, facilitate new product development...

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