Royal Enfield (RE), manufacturers of the renowned range of Bullet motorcycles has announced to introduce two new models by early 2010. RE is exploring the feasibility for launching the two bikes with two different engines, twin spark 350cc and 500cc engine with EFI technology.
It is not certain whether the new models would be catering to the domestic or the overseas markets, as the company has kept this one on the Q.T.
The Bullet builder is looking to up its game by 15-20 per cent year-on-year growth and is also looking to increase its annual production capacity from 44,000 units to 60,000 units (per annum) by 2010. The proposed launches and output enhancement will swallow in an investment worth Rs. 25 crores.
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Last month, GM’s product “Czar” and vice-chairman of global product development Bob Lutz announced that GM is cancelling development of the next generation Zeta large RWD car platform, citing difficult economic and environmental concerns as the reasons.
In an age where ‘green cars’ are making more sense and SUV’s are continuing their dormant stint in dealership parking lots, the Audi Q7 has bore out that all SUV’s don’t have to be alike. The Q7 has come first in the Smartgreen Index for this year, and the award is given not by editors of Auto Magazines or industry experts, but on the basis of customer feedback in the [ Read More ]
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Volkswagen
The U.S Auto market is opening up slowly, but steadily towards the favour of economical diesel cars. Introduced in August, VW has sold out this year’s allocation of about 1,300 Jetta TDi ‘clean’ diesels. This is a clear indication of fuel economy reigning supreme even in markets like the U.S. “Although Volkswagen promotes the fuel efficiency of its diesels, we are not competing with Prius,” said Stefan Jacoby, CEO of [ Read More ]