Maruti Suzuki has stopped production of the current Versa as it intends to upgrade the van with a more competent powerplant to meet Bharat IV emission norms. The new Versa might have a new name, along with mechanical and cosmetic changes. It is expected to be launched anytime soon.
Bajaj Auto’s best selling bike ever, the Pulsar is seeing a resurgence in demand and popularity leading to a proposed hike in production to 90,000 units per month in the next six months. The two wheeler major is targeting an ambitious sales of one million units per annum by end-2011 with the current sales residing … Read More
Volkswagen India will launch the new Beetle in Mumbai on the 4th of December. The car which is being imported from VW’s Mexico facility is a CBU and will cost Rs. 20 lakhs (ex-showroom, Delhi). The company is not targeting high sales as the Bettle’s presence in Volkswagen’s portfolio is more of a brand building … Read More
Rolls-Royce India has launched its latest offering Ghost in Delhi at a starting price of Rs. 2.5 crore. The cost of customisation will be extra. Bookings for the Ghost have begun with deliveries commencing in the first quarter of 2010. Last year, the company sold 15 cars from the Phantom family costing over Rs 3.5 crore.
Hero Group is in talks with Malaysia’s national carmaker Proton to make passenger cars in India, currently the fastest-growing market in the world. The discussions have been going on for the past few months and could lead to a joint venture by the end of the year. While the terms of the proposed partnership are yet to … Read More
Tata Motors will soon commence its Rs. 160 crore electric car project in Norway and other Scandinavian markets. The project involves assembling the car in Norway from semi-knocked down kits imported from India. The company is confident that the project will turn profitable within four years of start of production. However, there is no plan … Read More
Nissan has decided to shift the entire production of the Micra, from the UK to India. After production of the Micra commences here, Nissan plans to manufacture four more models in the country investing over Rs. 2,000 crore. The Micra will be manufactured at Nissan’s upcoming factory at Oragadam, near Chennai.
Reva is looking for partners in North America and Europe for setting up contract manufacturing facilities for its electric vehicles after having secured a deal for manufacturing electric cars in Iceland. The company which has presence in 24 countries across the world plans to double its overseas operations by 2012.
Fiat India plans to launch compressed natural gas (CNG) variants of its existing cars by April next year. Although Fiat is yet to confirm which cars will get CNG power, we expect the Palio to be among the forefront to get this technology. Fiat is expected to launch a new version of the Palio too … Read More