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    The CarWale Daily Fuel - 13 June 2012

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    CarWale Team

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    The CarWale Daily Fuel - 13 June 2012

     

    • Maruti will merge Suzuki Powertrain India Limited with itself by exchanging stock with its Japanese parent. This will help it control the production of diesel engines, which are crucial to overall sales figures at this point of time.
    • Maruti Suzuki India Limited has become the third-largest UV manufacturer in India, displacing Tata Motors from the position. This has come about thanks to strong sales of the Ertiga.
    • Automotive stocks have fallen thanks to the rumours of diesel cars being heavily taxed in the near future. Mahindra seems to be the worst hit of the car makers. 
    • The Car Owners and Consumers' Association of Mangalore plans to file a petition in the Supreme Court to reverse the ban on sun films. The petition will be filed once the court reopens after vacation.
    • The RS4 is back! Audi has announced details for the 2013 ES4 Avant, and it keeps up with the best of the breed - 450bhp and 0-100kmph in 4.7 seconds. 
    • Ferrari is holding an online auction of a number of its products, including a 599XX Evo and F1 gear used by its current drivers Felipe Massa and Fernando Alonso to help the victims of the recent earthquake in Italy financially. 
    • KTM, the Austrian motorcycle manufacturer, is working on a more practical version of its hardcore track car, the X-Bow. It will have a roof and windscreen, apparently. 
    • VW is considering buying into Navistar International, a truck company. This could have far-reaching consequences - Mahindra and Mahindra and Navistar have a JV in the Indian marketplace. 
    • Bentley might just bring the all-new Continental GT Speed to the upcoming Goodwood Festival of Speed. The new model is based on the recently-updated Continental GT. 
    • The baby SLS AMG might not get gullwing doors - a compromise on cost, we think, and a good one if Mercedes is to compete with the Porsche 911. It will need all the possible tools it can lay its hands on to fight the latter. 
    • Apple has pulled another big move off - its Siri voice service has found its way into cars from nine auto manufacturers, including GM. A dedicated button on the steering wheel will allow the driver to activate Siri easily. It has also launched its own maps with navigation, thus finally giving Google maps the boot. 
    • VW CFO Hans Dieter Poetsch has said that VW is not looking to complete the Porsche buyout by evading tax. He further added that it will be in the interest of the tax authorities if Porsche didn't wait until August 2014 to make the sale, which is when it will be tax exempt. 
    • Swedish auto manufacturer Saab has been sold to National Electric Vehicle Sweden, a new Swedish company founded by two firms in Hong Kong and Japan. The new company plans to modify the current 9-3 and make it an electric vehicle. It should go on sale at the end of 2013 or the beginning of 2014.
    • Honda is recalling around 50,000 Civics in the US market after discovering that the left driveshaft may not have been properly assembled and might separate from its position. No accidents or injuries have been reported due to this problem. Honda will replace the driveshaft for free. 

     

    The CarWale Daily Fuel is your quick daily dose of automotive news from India and around the world. If you want to know whatever's in the news but want it short and sweet, here's your solution.

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