Financial Daily from THE HINDU group of publications
Sunday, Sep 04, 2005

Investment World
Features
Stocks
Port Info
Archives
Google

Group Sites

Investment World - Cars


Hot wheels

S. Muralidhar

ALLOY wheels are fast becoming popular with discerning car owners in the country. With the higher trim variants of several cars even in the premium small car segment offering alloy wheels as a standard fitment, these products are, albeit slowly, catching the fancy of existing and new car buyers.

Most owners upgrading to alloys after trading in their current steel rims are doing so more for its aesthetics than for other benefits, such as better ride, durability and a marginal improvement in fuel efficiency. While there a couple of well-established domestic players in the alloy wheels market, the imports are largely being made by small companies in the unorganised segment.

JRD brand of alloy wheels is a recent entrant. Manufactured by Bright Rims Manufacturing Sdn. Bhd (BRM) headquartered in Malaysia, JRD is one of the more popular brands in Asia. The company has manufacturing operations in China and Thailand too.

BRM is the largest alloy wheel manufacturer in Malaysia that carries out an integrated process for the manufacture of wheels from ingots (raw material) to final wheel finishing. The company has a 95 per cent share of the original equipment (OEM) market in Malaysia and supplies its products to companies (as OEM either locally or by exports) such as Citroen, Daihatsu, Fiat, Ford, Honda, Isuzu, Kia, Mazda, Mitsubishi, Nissan, Opel, Perodua, Peugeot, Piaggio, Proton, Renault, Sangyong and Suzuki. JRD brand wheels have been approved by the Vehicle Inspection Agency of Japan.

In India, the whole range of alloy wheels has been launched from the 13 and 14-inchers, for small cars, to the bigger and broader 16-inch and 17-inch wheels, for luxury cars and sports utility vehicles. Alloy wheels are also available in various finishes, including silver, polish grey, smoke silver, hyper black and metallic silver. Prices range from Rs 14,000 to Rs 23,000 for a set of five wheels.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Investment quiz


ABN-Amro deal: TCS, Infy make a bundle
Idea stocks romp ahead
ICRA online rankings — Tax Saving, Index and Debt Funds
SBI Magnum Contra: Buy
PruICICI Tax Plan: Invest
Sundaram Select Focus
Is SIP route advisable for four-year horizon?
DSP ML to charge entry load on SIP
Sanghvi Movers: Buy
Essar Steel: Hold
Aurobindo Pharma: Hold
The Great Eastern Shipping Company: Buy
Satnam Overseas: Buy
Clariant group: Positive reaction in the merger
Near-term outlook turns positive
Firm trend likely in Reliance
Focus of the week
Query corner
Maruti `Powers' to the top of customers' hearts
Replacing MPFI invites risk
Indigo's new SX appeal
Hot wheels
Skoda's new models
Maruti's new package
Market buzz
New bikes from TVS Motor
Yamaha's Golden Jubilee offer
Social physics
Upward bias in Nifty
Open interest up in refinery stocks
Execution of trades and charges
`We want investors to see mutual funds as a long-term investment' — Mr S. Naganath, Chief Investment Officer, DSP ML Investment Managers
Tax planning for an agriculturist receiving foreign remittance
Worried at 90
Talbros Automotive Components: Invest at cut off
There's always a bull market somewhere


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line