With the diesel-powered vehicles looking to form a large chunk of the automobile market in the next three to four years, Ford India is planning to set up a diesel engine facility in its existing 350 acre complex in Chennai.
Luxury car manufacturer DaimlerChrysler's Indian subsidiary Mercedes is all set to introduce the new C-Class in the domestic market by early 2008.
The first discordant note has just been struck in actor Abhishek Bachchan's new-year symphony, which had thus far been about the success of Guru and his engagement to sweetheart and co-star Aishwarya Rai.
Maruti Udyog is planning to export the diesel engines manufactured in Manesar, Haryana, to its European car assembly plant in Hungary to cater to the local markets there.
India's largest automobile manufacturer, Maruti Suzuki is planning to launch the company's entry-level sports utility vehicle, Jimny in the country by the year-end.
General Motors subsidiary Chevrolet will introduce a diesel engine option in Optra by April-May this year. Currently, the car is only available with petrol engine.
Germany-based luxury coach manufacturer DaimlerChrysler's subsidiary Mercedes Benz is planning to launch its high-end premier bus Tourismo in India by 2008.
JSW Steel, a part of the $4 billion OP Jindal group, is looking at acquiring a small value-added facility in Western Europe for around $2 million.
Maruti Udyog, the country's largest car manufacturer, will launch its cars in South Africa by next year and re-enter the European market in 2008-09.
Passenger vehicle major Honda Siel India will launch the new version of premium sedan Accord by the next year.
Bajaj Auto's race to grab the numero uno position in the premium bike segment is going to be tough as Yamaha Motor India is gearing up for launches in April 2007.
Tyre maker Apollo Tyres is set to expand its operations through a greenfield project in Tamil Nadu at a cost of Rs 500 crore
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