The automotive industry looks very different today than it did just a couple years ago. With all of the turmoil and posturing it's been difficult to keep up. Here's a rundown of where things stand today with each major car manufacturer.

With the new concepts being designed by the car manufacturers, they want us to believe that the future is here. Similarly, Ego designed by Volkswagen is a part of concept vehicles offering a glimpse of what to expect from Volkswagen in future

Despite of the prevailing downturn, car manufacturers are all set to launch 50 new car models in India. Though the sales figures are crashing tremendously, showing the lowest sales in September-December quarter of 2008, car manufacturers are optimistic of their new car launches.

Car manufacturers have reported good sales number after a phase of dropping sales for past eight months. The month of February saw an impressive growth in sales due to various reasons like price cut and easy car loans.

After the government has announced a reduction in CENVAT by 4%, all the car manufacturers have decided to slash down the car prices of their respective car models. Ahead of other car manufacturers, Maruti Suzuki was the first to announce a price cut in response to the lower excise duty.

Car manufacturers are all set to cut down their car prices by three to four percent. This initiative is taken by car manufacturers in response to the reduction in the CENVAT (Central Value Added Tax) rate by the Indian Government.

Premium car manufacturers like Audi, Mercedes-Benz, and BMW were earlier insulated from the slump in the Indian car market. These manufacturers were comfortable and happy with the growing sales until Society of Indian Automobile Manufacturers (SIAM) revealed the information that seems to shake them.

Prime Minister Manmohan Singh makes a promise that he will ask Reserve Bank of India to make credit cheaper for car companies that are badly hit by the recession.

Car manufacturers like Mitsubishi and Honda follow Nano to Gujarat. Nano project is Gujarat is fast paving way for global car manufacturers to establish their manufacturing plants in the state.

Despite a competitive market and a negative slope in the car sales, car manufacturers are not kicking off their old car models while launching new cars.