Archive for June 2008

new Bajaj report:BAJAJ MOTORCYCLE SALES GROW 16%

May ’08
   
Particulars May 2008 May 2007 Change %
Motorcycles 179,649 167,008 8
TOTAL 2 WHEELERS 180,935 169,327 7
3 WHEELERS 20,576 24,110 -15
TOTAL 2 & 3 WHEELERS 201,511 193,437 4
Exports out of the above 60,215 49,203 22
   
1. Owing to the pre-ponement of the marriage season from May 08 to April 08, this year’s sales trend is better understood from the YTD table below.
   
YTD ’08
   
Particulars April ~ May 2008 April ~ May 2007 Change %
Motorcycles 382,730 331,312 16
TOTAL 2 WHEELERS 384,865 335,019 15
3 WHEELERS 38,489 48,470 -21
TOTAL 2 & 3 WHEELERS 423,354 383,489 10
Exports out of the above 133,839 101,129 32
   
2. Bajaj motorcycles grew 16% owing to the strong performance of its 125cc + DTS-i portfolio; combined sales of Pulsar DTS-i, Avenger DTS-i, Discover DTS-i, and XCD DTS-Si grew 23%.
   
3. The first of 4 new 125cc + motorcycles scheduled for launch in FY09 will be introduced in September ’08.
   
4. Commercial Vehicle sales are expected to grow in the second half of FY09 on the back of two new products, one each in the passenger and the goods segments.
   
5. Strong export growth is on plan.

STATEMENT: FORD MOTOR COMPANY COMPLETES THE SALE OF JAGUAR LAND ROVER TO TATA MOTORS

DEARBORN, Mich., June 2, 2008 – Ford Motor Company [NYSE: F] has today completed the sale of its Jaguar Land Rover operations to Tata Motors.

The sale is the culmination of Ford’s decision last August to explore strategic options for the Jaguar Land Rover business, as the company accelerates its focus on its core Ford brand and “One Ford” global transformation. It also allows Jaguar Land Rover to focus on delivering what is best for its business.

As part of the overall sale agreement between Ford and Tata Motors, Ford will continue to supply Jaguar Land Rover with engines, stampings and technology, including a range of environmental technologies.

Ford Motor Company wishes the Jaguar Land Rover management team, its employees and the new owners every success for the future.

Ford Motor Company, a global automotive industry leader based in Dearborn, Michigan, United States, manufactures or distributes automobiles in 200 markets across six continents. With about 230,000 employees and about 100 plants worldwide, the company’s core and affiliated automotive brands include Ford, Lincoln, Mercury, Volvo and Mazda. The company provides financial services through Ford Motor Credit Company.

Bosch plans to acquire majority stake

Bosch has signed agreements with Ventizz to acquire a 50.45 percent
stake in ersol Solar Energy AG Public takeover offer to purchase all outstanding shares in ersol Solar
Energy AG at 101.00 euros per share in cash ersol develops, manufactures, and sells wafer-based silicon solar cells
and thin-film modules ersol Group: 160 million euros sales in 2007, more than 300 million
euros sales expected in 2008, currently some 1,000 associates at three
locations

Stuttgart ¨C Bosch has signed agreement with the financial investor Ventizz
to acquire 50.45 percent of the shares in ersol Solar Energy AG, Erfurt,
Germany. The purchase price for these shares amounts to 546.4 million
euros, equivalent to a price of 101.00 euros per share. The acquisition of
the shareholding is subject to approval by the antitrust authorities. As a
result of these agreements, Bosch intends to make a public takeover offer
to all other ersol shareholders, in which it will also offer 101.00 euros per
share in cash. The offer price will represent a premium of 68 percent based
on the weighted average XETRA? and floor-trading share price of the past
three months. Apart from Ventizz, further ersol shareholders, whose
combined shareholding comes to a total of 3.3 percent, have already
signed irrevocable undertakings to accept the offer.

ersol Solar Energy AG develops, manufactures, and sells wafer-based
silicon solar cells, and is moving into the manufacture of thin-film modules.
The photovoltaics company generated global sales of 160 million euros in
2007. For 2008, ersol expects sales of more than 300 million euros. The
company currently employs some 1,000 associates at three locations.
With this acquisition, Bosch hopes to extend its business in the area of
renewable energies. !°As a leading technology and services company
offering beneficial products and services, Bosch significantly contributes to
protecting the environment and conserving resources. Together with ersol,
which is a successful company in the field of photovoltaics, we want to
further expand our business in this area. In this enterprise, we will count
very much on the know-how and experience of ersol!ˉs management and
associates,!± said Franz Fehrenbach chairman of the Bosch board of
management.

Bosch is already active in the market with many systems for utilizing
renewable energies. With its existing activities in this area, it plans to
generate sales of some 750 million euros in 2008. Bosch Rexroth, for
example, supplies gear and drive technology for wind turbines, develops
efficient drive concepts for the still young sector of marine energy
generation, and supplies hydraulic adjusting systems for solar thermal
power stations. In addition, Bosch Thermotechnology has become the
market leader in the rapidly growing market for electric heat pumps, and is
also a leading manufacturer of solar collectors for hot-water generation. In
June 2007, Bosch entered into an alliance with the German companies
BASF SE (Ludwigshafen) and Heliatek GmbH (Dresden) in the promising
area of organic photovoltaics. The objective of this alliance is to produce
solar cells significantly more cost effectively and at the same time to
increase the number of areas where they can be used.

How to Repair Stripped Spark Plug Threads

Q: Yesterday I was driving home and a spark plug blew right out of the cylinder head. The car was towed to the shop where I’d had a tuneup the day before — which included changing the spark plugs. The mechanic said he could repair the threads, but my uncle says the cylinder head is ruined and the mechanic should replace it at his expense. The car has about 100,000 miles. Thoughts?

A: There are a number of ways to repair stripped threads. In fact, it may be possible to simply chase the old threads with a tap and clean them up. Or, as illustrated, you can insert a Helicoil. There are several types of repair inserts, but we prefer Helicoils. I’d give your mechanic a shot at fixing the threads before I held his feet to the fire. When a spark plug has had a chance to marry a cylinder head for 100,000 miles, it’s not uncommon for the aluminum threads to come out of the head with the plug. (I pull and inspect plugs every couple of years and reinstall them with a small dab of antiseize compound, but that’s another column.)

A proper thread repair should last as long as the life of the car. This type of repair can be used for almost any threaded fastener, by the way. And that includes cast-iron, steel and aluminum parts. Warning: Installing a Helicoil or other threaded insert looks simple — but it’s not. Any readers out there who wish to attempt it might want to practice a couple of times on scrap parts.

Start by threading the special Helicoil tap into the remaining threads in the head. This is to ensure the new threads are concentric and parallel with the originals. Continue threading the tap in to cut the new, oversize threads. To avoid getting aluminum chips in the cylinder when retapping the threads, you should coat the tap with grease. The chips will stick to the grease and come back out with the tap. Back out the chip-laden tap, and clean up any remaining chips.

I’ve also filled the cylinder (before tapping the hole) with oil-soaked clothesline to catch any chips — but that was in a racing engine with a squish band only a few thousandths of an inch deep. Street engines with a more normal compression ratio should be fine if you are careful, and blow the chips out with compressed air. Mostly, you don’t want any chips to find their way out the exhaust port and wind up in the catalytic converter.

Now you can thread the appropriate-length coil over the installation mandrel. There’s a raised flat on the mandrel that will catch on the tang in the coil, allowing you to thread the coil into your new threads. The coil is a little bit bigger than the threads, which will keep it in place when you’re finished. The tang will pull the coil into place from the inner end. Once the coil is in place, remove the mandrel.

Now, use a pair of needle-nose pliers to break the tang off. It’s prescored to break off cleanly and easily. Do NOT drop the tang into the cylinder! A few aluminum chips will not damage your engine, but a 1/2-in.-long piece of sharp stainless steel wire will tattoo the top of your piston and the combustion chamber before it finally gets out past the exhaust valve.