Fiat,the Italian auto maker stated that it is evaluating options to bring a new model in India through the completely built unit route.It is also planning for a small car to hit the Indian market in 2012.The small car could be similar or smaller than its existing hatchback,Palio.It would be produced at its plant [...]
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Indian auto market price increase:
• Maruti Suzuki India (MSI: Increase by a minimum of Rs. 1,000 up to Rs. 8,000 across models. Price hike exception for compact hatchback Alto K10. The price hike ranges between 0.5 % and 2.2 %
• Hyundai Motor India Ltd (HMIL): Increase by 1.5 per % for the Santro, i10, [...]
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Maruti Suzuki India Ltd. said Thursday it will raise vehicle prices next week to offset higher input costs.
India’s biggest car maker by sales has already raised prices twice in the financial year through March, as it tries to protect its margins that have been hit by an increase in prices of key raw materials [...]
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Maruti has decided to make India its global research and development hub for its small car development program. The company is in the process of setting up its new R&D center in Rohtak to develop a completely ‘Made in India’ car by 2012. It has already been allotted 700 acres of land of which [...]
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India is presently ranked 17th amongst auto car manufacturing countries in the world. Keeping in pace with the ever growing demand for cars, the production of cars has also been on a high off late. Thanks to a huge export potential and favorable Government policy, multinational companies have been eyeing at India to set [...]
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A week after Honda launched Jazz, its first small car in India, Fiat will launch Grande Punto, its first car in the B+ segment, across the country.
The car, a hatchback in both petrol and diesel variants, is a joint venture of Fiat and Tata Motors and has premium features like ABS (anti-lock braking system) [...]
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The country’s largest car maker, Maruti Suzuki India, on Friday launched its latest small car Ritz in both petrol and diesel variants, offered at an introductory price of Rs3.90-4.99 lakh.
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The State Bank of Travancore has signed a business agreement with Hyundai Motor to facilitate easy auto loan disbursals for the customers of the bank buying Hyundai cars.
The agreement was finalized by SBT MD A K Jagannathan and Hyundai Motor senior VP Arvind Saxena.
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The booking amount for the Nano will be Rs 70,000, reveal banks with which Tata Motors is in talks to finalise arrangements to finance customers. The initial payment has been deliberately kept high to discourage the black market.
State Bank of India (SBI) will be the sole booking agent. All prospective customers have to pay [...]
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