Mahindra launches ‘Mojo’ bike priced at Rs 1.58 lakh </br><br> Mahindra Two Wheelers, a part of the USD 16.9 billion Mahindra (M&M) group, today launched 300 cc bike ‘Mojo’ in the country, priced at Rs 1.58 lakh (ex-showroom Delhi). The motorcycle comes with various features like advanced electronic fuel ignition, iridium spark plug, resonator fitted intake system and twin exhausts. It also has a 21-litre fuel tank, the largest in its class. “It has been developed in-house, with inputs from global partners and is designed to be at par with global products in this class. Mojo leverages deep consumer insights to serve many distinct needs of passionate biking enthusiasts,” Executive Director, M&M, Pawan Goenka said in a statement. (Source: Mahindra) 
BMW X5M, X6M priced at Rs 1.5 cr onwards set to cruise on Indian roads; pack 4.4-litre 8-speed petrol engine </br><br> BMW X5M and X6M priced at Rs 1.5 crore onwards were unveiled on Thursday in India – these are new ultra-high performance sports cars from the M series. The launch is primarily aimed at cashing in on the booming performance car segment in the country. BMW said it will open six more super luxury sales outlets under the M Studio label next year. The all-new BMW X5M, sporting a 4.4-litre 8-speed petrol engine, comes at Rs 1.5 crore while the X6M with the same engine specifications costs Rs 1.6 crore, all ex-showroom, India, as these are imported from its Munich plant. Though these new cars have no direct competition in the domestic market, they will be pitched against Mercedes G 63 AMG, which though is a much higher model (priced at over Rs 2.3 crore) than the BMW ones. (CarDekho) 
Kia recalls 377,000 Sorento SUVs to fix shift lever problem </br><br> Kia will recall more than 377,000 Sorento SUVs in the U.S. because the transmission can be shifted out of park when the driver’s foot isn’t on the brake, a violation of safety laws. The recall covers Sorentos from the 2011 through 2013 model years. The cars can roll away unexpectedly and cause a crash, Kia says in documents posted Thursday by the U.S. National Highway Traffic Safety Administration. The problem happens when the gear shift lever is pushed too hard, causing a part in the shifter to crack. It has caused three injuries. (Source: Kia) 
‘Dozens of managers’ involved in Volkswagen’s pollution cheating: Report </br><br> Volkswagen’s pollution cheating programme was developed by dozens of managers, not just a handful of individuals as the company has suggested, news site Spiegel Online reported today. The German auto giant last month caused global outrage when it admitted that it fitted 11 million diesel vehicles with software designed to cheat pollution tests. Preliminary results of investigations carried out by VW and a US law firm suggest that “the emissions fraud was not only created by a small group of managers, as the company claims,” said Spiegel Online without citing its source. “Dozens of Volkswagen managers were implicated, insiders speak of at least 30 people,” said the report, adding that “they are to be suspended”. (Reuters) 
Range Rover Sport SVR priced at Rs 2.12 crore in India </br><br> The performance SUV from Land Rover dubbed as Range Rover Sport SVR is now available priced at Rs 2.12 crore in India. The powerful SUV currently features a beast of an mill in the form of 5 litre V8 petrol engine that generates 542bhp power along with 680Nm torque. Also, under the hood, Range Rover Sport SVR has a lot to offer with an 8-speed ZF gearbox that works with paddle shifters while the vehicle also uses the all-wheel drive set-up. Based purely on stats, Range Rover Sport SVR would be going up against some top names like Porsche Cayenne Turbo S and Mercedes ML63 AMG. (CarDekho)
‘Our customers OK with additional tariff’: Indian CEO says his next shipment to US is ready
