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Jaguar introduces 2.0l diesel derivative of Jaguar XE

Mumbai (Maharashtra), May 23 -- Jaguar Land Rover India yesterday announced the start of sales for the 2.0l diesel derivative of MY17 Jaguar XE in India at a starting price of Rs. 38.25 lakh, ex-showroom, Delhi.

The new derivative is powered by a 2.0l (litre) diesel engine that delivers a power output of 132 kW. This is in addition to the 2.0l (litre) petrol engine already on sale in India since January 2016. The petrol derivative of the Jaguar ... Read More


Tata Motors gains on unveiling BS IV compliant trucks in Tamil Nadu

India, May 22 -- Tata Motors is currently trading at Rs. 446.60, up by 3.65 points or 0.82% from its previous closing of Rs. 442.95 on the BSE.

The scrip opened at Rs. 443.00 and has touched a high and low of Rs. 451.00 and Rs. 443.00 respectively. So far 1,68,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 598.60 on 07-Sep-2016 and a 52 week low of Rs. 380.55 on 23-May-2016. ... Read More


Ford replaces CEO amid rumblings over 'neglecting core business': Report

New Delhi, May 22 -- Ford Motor Co. is replacing CEO Mark Fields amid questions about its current performance and future strategy, Associated Press reported citing a person familiar with the situation.

CEO Mark Fields is retiring at age 56 after 28 years at the company, says this person, who spoke on condition of anonymity because the official announcement hasn'tbeen made.

Fields will be replaced by Jim Hackett, who joined Ford's board in 2013,... Read More


Mercedes - Benz Forsaljnings AB secures contract for Financial leasing services

Sweden, May 22 -- Contract Id: 739207

Description: Sweden based Mercedes - Benz Forsaljnings AB has secured contract from Region Skane, Koncerninkop for Financial leasing services.

The amount of contract is not disclosed.

Country: Sweden

Sector: Industry

Contract awarded to Mercedes – Benz Forsaljnings AB 556535-3041 Box 72 SE-164 94 Kista Sweden E-mail: jonathan.molin@daimler.com

Contract awarded to executing agency: Region Skane, Koncerni... Read More


Daimler Buses EvoBus GmbH Mercedes-Benz Omnibusse secures contract for Low-floor buses

Germany, May 22 -- Contract Id: 739126

Description: United Kingdom based Daimler Buses EvoBus GmbH Mercedes-Benz Omnibusse has secured contract from JES Verkehrsgesellschaft mbH for Low-floor buses.

The amount of contract is not disclosed.

Country: Germany

Sector: Industry

Contract awarded to Daimler Buses EvoBus GmbH Mercedes-Benz Omnibusse Seeburger Strabe 27 13581 Berlin

Contract awarded to executing agency: JES Verkehrsgesellschaft mbH ... Read More


Volkswagen Nutzfahrzeuge secures contract for Police cars

Germany, May 22 -- Contract Id: 740115

Description: Germany based Volkswagen Nutzfahrzeuge has secured contract from Technisches Polizeiamt Sachsen-Anhalt for Police cars.

The contract is valued approximately 1 948 591.76 EUR.

Country: Germany

Sector: Industry

Contract awarded to Volkswagen Nutzfahrzeuge Hannover 30419 Germany

Contract awarded to executing agency: Technisches Polizeiamt Sachsen-Anhalt August-Bebel-Damm 19 Magdeburg 39126 Ge... Read More


Automobiles Reunion Renault Trucks secures contract for Crane and dumper trucks

France, May 22 -- Contract Id: 738638

Description: Reunion based Automobiles Reunion Renault Trucks has secured contract from Commune de l Etang-Sale for Crane and dumper trucks.

The contract is valued approximately 68 700.00 EUR.

Country: France

Sector: Industry

Contract awarded to Automobiles Reunion Renault Trucks Le Port Reunion

Contract awarded to executing agency: Commune de l Etang-Sale avenue Raymond Barre, BP 903 L'Etang-Sale 97427... Read More


Volvo Finland Ab secures contract for Panel vans

Finland, May 22 -- Contract Id: 738912

Description: Finland based Volvo Finland Ab has secured contract from Nurmijarven kunta/Hankintapalvelut for Panel vans.

The contract is valued approximately 105 540.00 EUR.

Country: Finland

Sector: Industry

Contract awarded to Volvo Finland Ab 0988022-7 Osumakuja 4 Vantaa 01530 Finland

Contract awarded to executing agency: Nurmijarven kunta/Hankintapalvelut 9014643-2 Keskustie 2 B Nurmijarvi 01900 Fin... Read More


Tata Motors unveils BS IV compliant trucks

India, May 22 -- Tata Motors has unveiled the new BS IV-ready medium and heavy duty trucks with 'exhaust gas recirculation' (EGR) and 'selective catalytic reduction' (SCR) technologies in Tamil Nadu. The company has perfected both technologies for its wider range of commercial vehicles from SCVs to HCVs (as per technical suitability) to meet the recently implemented emission standards.

As part of the launch, the company organised 'Truck World', ... Read More


Ford Posting Strong Gain After Naming New CEO

India, May 22 -- After gapping open sharply higher, shares of Ford (F) have pulled back off their best levels but remain firmly positive in afternoon trading on Monday. Ford is currently up by 1.5 percent.

The gain by Ford comes after the auto giant named Jim Hackett as its new president and CEO. Hackett succeeds Mark Fields, who has elected to retire from Ford.

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