Hyundai Motor India has firmed up its plan to introduce a diesel variant of its premium compact car, the i20, by the end of the year. The company that already sells the diesel variant of the model for the European market is now considering offering a similar option to its Indian customers.
After two-wheelers, cars and even aircraft engines, Mahindra & Mahindra now plans to get into manufacture of high end boats and yachts. The company plans to target customers who import yachts for private collection.
Buoyed by the highest-ever monthly sales that it achieved in January, car market leader Maruti Suzuki India today said it expects its sales growth for the ongoing month to be around 5-7%. As the company looks to tighten its grip in the Indian market, Maruti Suzuki India (MSI) would be increasing its sales network from … Read More
Mahindra and Mahindra has said that it was ramping up production of the Xylo in a bid to reduce the waiting list for the product. The auto-maker said that it “has the lowest inventory level with dealers probably in history.”
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The Maruti Swift recently crossed the 300,000 unit cumulative domestic sales mark within just three years and nine months, making it the fastest selling model in its segment. Launched back in May 2005, the Swift managed to achieve this landmark figure in mid-February 2009.
The long due Toyota Fortuner is finally being launched by Toyota India in October. The Fortuner will come in two variants. The automatic version will follow in later with all-wheel drive. The Fortuner will be priced between Rs 16-18 lakhs.
French auto major Renault has temporarily put on hold its plans to launch cars in India by 2010 in the wake of the global slowdown as the company has decided to hold back on investments on assembly line at its Chennai plant. The company, which had last year announced a Rs. 4,500 crore investment over … Read More
Skoda has finally decided to unveil the production version of the Yeti compact SUV which was first seen as a concept at the 2005 Geneva Motor Show. Yeti will borrow some key parts from VW’s Golf-based Tiguan SUV mixing them with hardware sourced from other models within the Volkswagen Audi group.