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pale discriminating |
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Thu, 5 Jul 2007 23:48:09 -0700 |
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Thunderbird 1.5.0.12 (Windows/20070509) |
Brokers Move On ERMX!
EntreMetrix Inc. (ERMX)
$0.18
Heavy trading today as ERMX announced its launch of digital support
tools for its portfolio companies. Brokers are getting ahead of this
steady climb as they grab up large blocks of shares for there clients.
Look at the numbers and get on ERMX Friday morning!
Maruti, which controls nearly half the growing car market,launched the
Swift to boost its share in the fast-growing compact segment, where it
competes with Hyundai's Getz and Fiat's Palio. HMIL, which would be
unfazed by the entry of General Motors into India, said Toyota's entry
into the country would surely worry them. ISI-marked gas kits would be
available in the market from next year. ''By expanding our current
manufacturing premises, we are preparing for the next stage of Skoda
history in India.
Get Deals on Insurance and Loans! But the continuous escalation in input
costs and logistics are compelling us to plan a price increase on our
models very soon. A fuel cell vehicle is powered by an electric motor
running on electricity generated by a fuel stack, which uses hydrogen as
its energy source thereby producing only water vapour as the emission.
Even the S-class, which is a luxury car has been revamped. It has a
joint venture with Lumax Automotive Systems to manufacture and supply
interior and exterior mirrors to auto companies in India. Month over
month, the company has been recording increasing sales, also signifying
the success of its new models launched in the current year,'' the
company said in a statement here.
AutoMania cranks out a ready reckoner on the road-ready models to look
out for this time round. Mr Folc also said that the car would be
launched in both petrol and diesel versions.
However, none of the top bike manufacturers in India has touched the
market for expensive motorcycles.
So now the challenge will be to better it, which has become the standard
in this bracket" he said.
Chaba was in Hyderabad to inaugurate Orange Auto, a GM-authorised
workshop.
The much-awaited Fabia is also expected to be unveiled during the year.
They have however informed their dealers about this probable raise in
the prices of the cars. Analysts warn that increased sales of its cars
and light trucks, which have lower profit margins than heavy trucks,
will add to pressure on profitability.
Bajaj also manufacturers an Indian version of the previously known as
Kawasaki Eliminator called Bajaj Avenger.
Porsche comes with the sporty Cayman S. The Aveo hatch would be pitted
in the growing Getz and Swift segment, and its three-box version would
be in the Honda City segment.
It has launched upgraded versions of three of its existing models.
Third biggest car maker, next only to Maruti Udyog Ltd and South Korea's
Hyundai, Tata Motors announced recently that it would launch a
low-priced car in three years.
The market for economy class motorcycles has pretty much saturated with
lots of players coming in.
They aim to bring the motorcycle to their dealers in Tamil Nadu within a
month. The new small car will be made with all the high-volume parts
manufactured in one plant, Tata said. Honda is understood to be
considering the launch of the Jazz model, the hatchback version of the
City. Ford Fiesta will take on a host of sedan offerings in the market
with key competition coming from Honda City, whose VTEC variant was
launched recently.
''We wish SkodaAuto India all the very best to continue to further
expand and introduce more sophisticated cars on the Indian road,'' he
said.
Chrysler, which earlier held back its launch of Cherokee due to lukewarm
response from a pre-launch survey, is again thinking of adding a new
Chrysler car. The Aveo hatch would be pitted in the growing Getz and
Swift segment, and its three-box version would be in the Honda City
segment. Moreover, the diesel Ikon does not comply with Bharat Stage III
emission norms and was sold only outside the metros.
''We wish SkodaAuto India all the very best to continue to further
expand and introduce more sophisticated cars on the Indian road,'' he
said. It is a part brand building and promotion activity as well as part
fulfilling the customer satisfaction parameters, he said. However, the
car is slated to hit the market in March and its price would be
determined by the tax structure to be announced in the forthcoming Union
Budget. It can accommodate up to five passengers in comfort.
Two wheeler manufacturer Kinetic Motor participated in the prestigious
Italian Auto expo the "Milan Fair" in a big way, using the expo as the
platform for the global launch of Millenium and Euro.
According to the figures, market leaders Maruti Udyog and Hyundai
fuelled the demand, with six of the eleven car makers registering sales
growth.
This increase in sales come despite the fact that the company increased
the prices of some popular models due to increase in input costs.
With our increased presence there, we will be well positioned to fully
tap into this potential,'' Chairman of the Board of Management of BMW AG
Helmut Panke said. was recently in India to launch the new Ford Fiesta,
which will soon be in the market in the country.
This model would come in the price range of Rs.
He also remained non commital on the launch of the much awaited Fabia
car in India.
DaimlerChrysler is thinking of launching new models in India.
In auto parts, Canadian firm Magma announced opening a new sales and
engineering office in Mumbai.
It has launched upgraded versions of three of its existing models. The
customers can use this voucher as an initial deposit to book an Innova,"
a city-based Toyota dealer said. A bold front grille provides strong
street presence and sleek character lines accentuated by strong edge
lines give the Aveo a truly sporty look.
We have decided to stay away from this and are now seriously considering
as to how and where the small car can be assembled. India's first
ISI-marked gas geyser was launched in Indore recently.
With new competitors coming into the market and some in the process of
entering it, DaimlerChrysler India, has found out a new way to attract
customers.
We will be exporting two lakh cars five years from now," HMIL President
BVR Subbu told reporters during the Bombay Management Association
Marketing and Media Convention here.
Meanwhile, US auto and industrial component major Timken Company is
looking at setting up a manufacturing facility in India for needle
roller bearings to tap the growing domestic market. Another global
model, Honda Civic, is set for launch to take on the Corollas and new
Skoda models like Laura and Fabia.
Earlier this year, Ford India became a wholly owned subsidiary of Ford
Motor Company.
The company specializes in manufacturing compact sized cars and has a
good reputation in the domestic market with excellent service and
support backup.
Maruti is showcasing this aspect through various vehicles that have
participated in national and international motor sport events. It plans
to roll out SUV Montero in the next six months. The new model comes with
alloy wheels, front fog lamps, chrome muffler cap, stylish body graphics
and body-coloured door-handles,apart from a new-design speedometer.
For a while, the US auto major has also increased exports of Ikons
rather than selling in the domestic market.
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