.He observed that achieving a turnaround was crucial for Indias automotive industry during the ongoing festive season, otherwise a significant negative effect may be witnessed in terms of jobs, investment, and even suppliers being forced to declare bankruptcy.“In the previous slowdowns, both times the government had given a fiscal stimulus and both times they have worked very well,” Goenka said.Christened as Mahindra Ideal Lanka Pvt.Asked if a fiscal stimulus was required from the government at this stage, he replied in the affirmative.85 lakh). Ltd.2 million Sri Lankan Rupee (INR 12.The local assembly cum manufacturing operations will lead to significant tax savings for Mahindra Ideal Lanka, which is hoping to price the KUV100 below 3. the local assembly plant located in Welipenna near Colombo on Saturday also rolled out its first product, the compact SUV, KUV100 petrol K6+ variant to start off with, followed by other variants in the near future."If you look at our capex we have 15-20 per cent capex that has been deferred from our overall investment," Goenka said.

We are trying not to bumper molds remove more but if the slowdown continues we will probably be forced to remove,” the Mahindra Mahindra MD said.Colombo: Indian auto major Mahindra Mahindra has made a case for a fiscal stimulus package from the government for the automobile sector to tide over an unprecedented slump in sales and arrest job losses.“This is our first effort to sell passenger vehicles in Sri Lanka and I hope with this effort we will get to a market share similar to or even larger than what we have in India,” Goenka said..The companys Managing Director Pawan Goenka told reporters here that the auto maker has retrenched about 1,500 temporary workers since April 1 this year, adding that if the slowdown continues it will be forced to lay off more employees.

Goenka was speaking on the sidelines of the opening of Mahindra Mahindras first completely knocked down automotive assembly unit here in a joint venture collaboration with Ideal Motors of Sri Lanka.“I think from April 1 till now we have removed about 1,500 (temporary workforce).Automobile sales in India witnessed its sharpest decline in nearly 19 years in July, dropping 18.71 per cent, rendering almost 15,000 workers jobless over the past two-three months as the sector reels under a prolonged slump, auto industry body SIAM reported earlier this month.However, he emphasised that the concern on job losses will come more from automotive suppliers and dealers and not as much from original equipment manufacturers.“The only thing that can make a difference is if the government of India sees it fit to support the industry for 6-8 months, then you can perhaps see a big change,” Goenka said.

In terms of safety, the Brio Facelift comes with Advanced Compatibility Engineering (ACE™) body, dual SRS airbags, Anti-Lock Braking System (ABS), Electronic Brakeforce Distribution (EBD), seat belt pre-tensioner and the front body structure of the Brio is equipped with Pedestrian Injury Mitigation Technology designed to absorb impact energy. The centre console consists of a music system which has Bluetooth phone integration and audio streaming. The only noticeable change at the rear is the addition of the spoiler with brake light.5kmpl respectively.Source: CarDekho. Notably, it is the most affordable offering by Honda in India and its compact design makes it ideal for city use. The only thing different is the missing chrome on the grille. However, the company hasn't made any mechanical tweaks in the car.69 LakhS MT Rs 5. Below this unit are the low-pressure injection molds automatic climate control switches with a display. The side and rear profile of the car remain identical to the previous model, with a rising shoulder line and triangular tail lamps. This design too is in sync with the Amaze.

The front face gets a bold single slat grill with the Honda insignia and is flanked by teardrop headlamps.69 lakh (ex-showroom Delhi). The Brio gets dual-tone interiors with chrome accents on the dashboard. The car comes with updated interiors and exterior, similar to that we have seen on the Amaze facelift back in March this year. With the refreshed interiors and exteriors and the festive timing, it does tick all the right boxes to make a strong comeback in the market.Honda has finally launched the Brio Facelift after a long wait in India at Rs 4.Mechanically, as mentioned, the engine remains identical to the earlier model.This facelift is likely to boost the dull sales of the Brio in the market. This is the car's first update since it was launched in the country in September 2011. The engine produces 88PS of power and 109Nm of peak torque.95 LakhVX AT Rs 6.

The top end variant, on the other hand, gets 'Sporty Black' Interiors. The Brio uses a 1.2-litre i-VTEC petrol motor which comes mated to a five-speed manual or a five-speed automatic transmission giving a fuel economy of 18.81 LakhInside, the hatchback gets an ‘all-new’ cabin – ‘all-new’ for the Brio, but one that we have already seen on the BR-V, Jazz and the Amaze.20 LakhVX MT Rs 5. The lower portion of the bumper gets a wide air dam with a honeycomb mesh grille.5kmpl and 16. The instrument cluster is a clear, three-dial analogue unit with warning lights and a digital trip metre.Variant Price E MT Rs 4.Speaking of the changes, the facelifted Brio gets a bigger, more aggressive front bumper, which is identical to the one on the Amaze, with angular fog lamp housings and muscular creases