On May 9, BMW launched the 3 Series Gran Limousine M Sport Pro Edition for INR 6.62 million. It comes with a two-liter four-cylinder gasoline engine of the 330Li M Sport Pro Edition which is mated with an eight-speed Steptronic sport automatic transmission and produces an output of 258 hp and maximum torque of 400 Nm at 1,550-4,400 rpm. It can accelerate from 0 -100 km/hr in 6.2 seconds. It is locally produced at its Chennai plant.
It comes with a curved display and connected drive technologies, a live cockpit plus 3D Navigation, a 12.3-inch digital instrument display behind the steering wheel, and a 14.9-inch control display. Its safety features include six airbags, attentiveness assistance, dynamic stability control (DSC) including cornering brake control (CBC), electric parking brake with auto hold, side-impact protection, electronic vehicle immobilizer and crash sensor, etc.
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Supplier Name | Address | Major Parts Suppliers Reports | Country |
---|---|---|---|
Amalgamations Group | 861/862, Anna Salai, Chennai- 600 002, Tamil Nadu, India | Major Parts Suppliers | |
Anand Automotive Limited | 1 Sri Aurobindo Marg, Hauz Khas, New Delhi – 110016, India | Major Parts Suppliers | |
Bharat Forge Ltd. | Mundhwa, Pune Cantonment, Pune 411036, Maharashtra, India | Major Parts Suppliers | |
Bharat Gears Ltd. | Hoechst House, 14th Floor, Nariman Point, Mumbai 400 021, Maharashtra, India | Major Parts Suppliers | |
Jay Bharat Maruti Ltd. (JBML) | Plot No. 5, MSIL Joint Venture Complex Gurgaon -122015, Haryana, India | Major Parts Suppliers | |
JTEKT India Limited (Formerly Sona Koyo Steering Systems Ltd.) | 38/6, Delhi-Jaipur Road, NH-8, Gurgaon 122001, Haryana, India | Major Parts Suppliers | |
Kalyani Group | Mundhwa, Pune 411036, Maharashtra, India | Major Parts Suppliers | |
Lumax Industries Ltd. | 2nd Floor, Harbans Bhawan-Ⅱ, Commercial Complex,Nangal Raya, New Delhi 110046, India | Major Parts Suppliers | |
Rane Group | "Maithri" 132, Cathedral Road, Chennai - 600 086, India | Major Parts Suppliers | |
Samvardhana Motherson Group | Plot No.1, Sector-127, Noida-Greater Noida, Expressway, Noida 201301, U.P., India | Major Parts Suppliers |
During an investor update, Maruti Suzuki India Ltd (MSIL) stated that it must adapt to the new market realities where over 50% of cars sold are SUVs. The company said it needs to launch more SUV models to achieve a similar share in its portfolio. However, MSIL noted that developing a new model takes around four years, so there could be some fluctuations in their offerings initially..
During an investor update, Ceat announced that it is expecting a capex of around INR 10 billion in FY 2024 (April 2024-March 2025) out of which about INR 2.5 billion is maintenance and about INR 7.5 billion for growth, it will mostly be utilized in the expansion of capacity in Chennai TBR (truck & bus radial) project and Chennai PCR (passenger car radial) projects. Ceat has almost fully utilized its capacity and is expecting fresh production from its Chennai expansion project of TBR in Q2, scaling up in Q3 and Q4.
Ceat’s spent about INR 260 crores of capex during the quarter so far and on a full year, it has spent about INR 8.66 billion.