The launch spree from Maruti Suzuki India is likely to continue for the entire year. Apparently, the company now plans to launch a new multi-utility vehicle (MUV) by October this year.
Hyundai Motors’s flagship model the Santro will get a makeover and will be relaunched in India by December.
Hyundai entered the Indian car market in 1998 with the introduction of the Santro, which stood against the Maruti Suzuki Zen. Since its launch in 1998, Hyundai Santro has had three major facelifts till date.
Fiat is all set to bring in its latest hatchback Grande Punto to the Indian car market on June 17th. The new car will be available in both petrol and diesel variants and will be positioned in the premium small car segment.
French car manufacturer Renault is no more an unfamiliar name to the Indian motorist. Their joint venture with Mahindra has proven extremely successful after the launch of the Mahindra-Renault Logan mid-size sedan in April 2007. The team now has plans of launching more models to build on the success on the Logan in the Indian car market and the Renault Sandero Stepway SUV is first in queue.
After months of falling sales, car manufacturers saw a growth in car sales in January 2009. Positive developments like reduction of fuel prices, availability of cash, and dip in inflation have largely contributed for pushing car sales.
The facelifted version of Zen Estilo is ready to make its appearance in the Indian car market on 23rd August 2009. It had already been announced that the new Zen Estilo will be launched in the country by the end of the month and now the date has been finally confirmed.
Maruti Suzuki reported a sales growth of nearly 8-10 percent in the domestic market for the month of May this year. In 2008 May, the car manufacturer had reported a sale of 69,001 cars and this year the sales nearly reached 76,000 cars. This is for the fifth consecutive year that Maruti Suzuki will be cross 70,000 units in sales. The export sales too have risen more than 50 percent with the addition of Maruti Suzuki A-star.
The Lamborghini Reventon supercar is a mid-engined sports car that races like a dream and sports drop-dead gorgeous look. Reventon's stealth body design and fighter jet-like performance is awe-inspiring.
French tyre maker Michelin announced its plans to invest nearly $US900 million to build a plant to supply tyres to India's fast-growing automobile market.
The plant will make radial tyres for trucks and buses and will mainly target the India's domestic market.
Toyota Kirloskar Motors (TKM) has announced that it will launch its small car by the end of 2010, after the construction of its second manufacturing plant at Bangalore is completed. The launch plan for this car is in tune with Toyota's strategy for India.
Honda City, the most popular mid-size sedan, which has made wonders over the years in the Indian car market, is ready to launch in a new avatar by mid-September. The third generation Honda city will be available in 3 to 4 variants carrying different price tags and specifications and will be costlier than the current version.
Finally the two premium car brands Jaguar and Land Rover, now owned by Tata Motors, will make appearances in Indian this June. The news of these legendary British car brands coming to India was on from the time of Tata has acquired them.
“At GM India, we always try to work on the feedback we receive from our customers. In order to retain excitement and refresh the interest in the vehicle, we keep making changes which will add value to the product and customer appeal.
After experiencing a good profit from the used car business, Maruti Suzuki has introduced an online shopping option for its customers. Now the customers can buy and sell any old model of Maruti Suzuki through TrueValue website. This web portal will ease the procedure of buying and selling used cars thereby boosting their sales.
Japanese car company, Toyota Motor Corporation has decided to introduce its Sport Utility Vehicle (SUV), the Fortuner in India on 24th August.
Toyota's Indian arm Toyota Kirloskar Motor (TKM) is considering that the Fortuner will achieve a 50 per cent market share in that segment.
Toyota Kirloskar Motors (TKM) announced that the new Toyota Innova has registered high sales. The refreshed version of this multi-purpose vehicle (MPV) was launched in later January and since then it has recorded sales of 3,647 units.
In the wake of excise duty cut for the big cars in the 2009-2010 Union budget, major car manufacturers Honda Siel Cars India and Ford India slashed the prices of some of their models up to Rs 6,000 on Tuesday.
Volkswagen, largest European car maker, has opened a new showroom in Bangalore and this will be the company's second authorized dealership in the city. Volkswagen Passat and the Volkswagen Jetta will be the two models that will be available in the showroom in Bangalore while Volkswagen Touareg will be open for direct export.
Swedish luxury carmaker Volvo is planning to launch a new luxury sedan in India by 2010. The luxury sedan S60 will be launched in India after the company re-launches the car in the European car market, which will happen sometime during the middle of next year.
The Malaysian national carmaker Proton is considering to venture into the Indian car market. It will enter the growing Indian market with a range of hatchbacks and saloons.
Proton Holdings Berhad, Managing Director, H S Z A B Syed Mohamed Tahir, said the company would intensify its export programme to diversify into various market segments and reduce dependence on the domestic market.
SkodaAuto India has announced that the Skoda Genuine Parts and accessories will come with a 2 years warranty starting from August 15, 2009 across the product range which includes the Skoda Superb, the Skoda Octavia, the Skoda Laura and the Skoda Fabia.
Maruti Suzuki India Ltd, the country’s largest car maker plans to boost its exports in the next few years.
“Exports have to be a major part of our plan going forward,” said R.C. Bhargava, chairman, Maruti Suzuki India, on the sidelines of the signing ceremony of the company’s Research and Development (R&D) centre in Rohtak, Haryana.
Indian car industry is gearing up to meet the Bharat Stage-IV emission norms that will come into force by 2010.
President of Society of Indian Automobile Manufacturers (SIAM), Pawan Goenka said, “By April 2010, BS-IV norms will come into force which will bring down emission levels. We are about four to six years behind the US and European norms.”
Tata Motors, has successfully concluded an agreement for amendment in the repayment of its bridge finance loan. The final maturity of the US$ 1 billion has been extended up to 31st December 2010.
Hyundai Motor India, one among the major car manufacturer of the country, will shift the production of its i20 model for exports from India to Europe sometime next year. For the overseas and domestic market, the company has been manufacturing its Hyundai i20 model from the Irungattukottai unit near to Chennai.
Tata Motors Ltd is in talks with State Bank of India (SBI) for a counter-guarantee to the guarantee it is seeking from the UK government on a loan for its Jaguar and Land Rover (JLR) unit.
Mahindra & Mahindra introduces a special edition of Mahindra Maxx Maxi Truck in Tamil Nadu. The launch is aimed at delivering better appeal, performance, and efficiency in its own segment.
The special edition is a revamped version of the original Maxx Maxi with a spacious cabin, integrated MP3 player, revived instrument panel, updated fabric car seat, and attractive dashboard. All these features are mated with an increased level of comfort.
Tata Motors has announced that it will close down one of Jaguar Land Rover factories in central England over the next decade. But it has also promised to create 800 jobs elsewhere. It has also announced the plans of introducing a new model of the Range Rover SUV in an attempt to reverse the recent losses it had.
Ford Motors India on Wednesday said it will increase its vehicle production in India by over 30 per cent from this month to meet increased demand in the upcoming festival season.