New Delhi sources have stated that the Indian arm of Japanese car maker, Honda Cars India will for the first time commence exports of the fully assembled 1.6L diesel engine from its Tapukara plant in Rajasthan. Exports start from July this year.
It was stated that another first to the car makers credit will be making the complete 1.6L diesel engine in India as currently it does not have any product that is powered by this specific diesel motor in the local market. This news was confirmed to the sources close to the development.
Meanwhile the first market the diesel engine will be headed for will be Thailand where Honda has a large manufacturing set up for designing, developing and manufacturing vehicle platforms. Thailand is also a large automotive market and hence the need for the higher displacement diesel motor, in an India like market.
Moreover it was added that from Thailand the 1.6L diesel will be exported to other Honda factories in different geographies like Philippines for use in the carmakers global models.
Germany's Audi abandoned plans to sell its Italian motorcycle brand Ducati Germany’s Audi Chief executive Rupert Stadler said, in a sign of confidence that the car maker expects to be able to carry the costs of its transformation. Further Audi, which owns Ducati and Italian super car maker Lamborghini, last month reported higher operating profit and revenue for the first nine months, helped by growing auto demand in the higher-margin western European and U.S. markets.
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