For every new car sold in the country so far this year a used car was also sold, according to consultancy and market research firm Frost & Sullivan.
In his new assignment Sunam will oversee Corporate Strategy, Integrated Supply Chain including Raw Material Sourcing, Production Planning and Logistics.
According to an estimate based on the sales trend in the past few months, PV sales will miss the 2012 volume by around 2 lakh units.
"Traditionally, we use carbon black to provide strength to rubber. But silica has certain unique properties over carbon black."
'The concept came to us at a conference in the United States for small business innovations and research. Here, we saw one of these small business entrepreneurs with the concept of extracting silica from rice husk ash.'
According to projection by AMT maker Magneti Marelli, 20% of the total passenger vehicles sold in India will have AMT by 2020.
30% of Passenger Vehicles Sold in India will have Automated Transmission by 2020: Saju Mookken, Magneti Marelli
It took three years for the company to convince carmakers in India to use the AMT kit, but it is now facing a supply crunch because of huge demand.
Anders Grundströmer says the company will focus on the premium segment of medium and heavy commercial vehicles (M&HCV), a market that he expects to grow five times to 10,000 units in five years.
Among the rest, only the Maruti WagonR, Hyundai Motor’s Elite i20 and Grand i10, and the Honda City have posted higher sales.
“Any customer can have a car painted any colour that he wants so long as it is black,” Henry Ford, the Ford Motor founder, had famously said.
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