Foton Motor plans to manufacture and sell buses and trucks here.
The alliance has already pushed back the launch deadline twice over the last three years.
Mahindra had bought Renault's 49 per cent stake in the troubled Mahindra Renault Private Ltd, while gaining limited autonomy to the Logan sedan, in an effort to turn around the loss-making company.
Wilfried Aulbur, MD & CEO of Mercedes-Benz India speaks about his plans for India
The DGCA report, a copy of which is with Business Standard, stated that under the Madras high court direction, an inspection was carried out by a team headed by V K Arora, deputy director general, DGCA.
Bajaj Auto, India's second biggest two-wheeler manufacturer, will continue to pursue its broad plans with the Austrian bike manufacturer KTM Power Sports AG, including a gradual increase of its stake in the performance bike making company.
After witnessing a buoyed response for the premium class superbikes it has been selling since the past one year, Honda Motorcycle and Scooters India, the Indian subsidiary of Japanese auto giant Honda Motor Corporation, will launch yet another superbike by the end of this year.
This means the already-minuscule sale of retrofitted CNG variants of Aveo, Logan, Accent, Santro, Corolla Altis and Innova is set to take a hit.
Mahindra & Mahindra's ambitious foray in the United States, a first by an Indian automobile company, is to take place by the year-end, with the launch of a couple of compact diesel-driven, pick-up truck models.
Indian car buyers have swayed towards newer options offered by global car giants such as General Motors, Ford, Toyota and VW over the past couple of months, impacting sales of models which were once flagship ones.
Except for March, when BMW recorded unusually high sales, Mercedes sales were ahead in the other months.
Taj Hotels Resorts and Palaces, Asia's largest hospitality chain, is looking to set up luxury properties in Africa, West Asia, China and Southeast Asia.
Volkswagen is looking to dislodge Honda's dominance in the premium mid-size segment in India, with the launch of a new executive sedan in the second half of this year.
With demand spiralling beyond the company's expectations and new capacities taking time to come on stream, Maruti Suzuki, the country's largest car maker, says it is being forced to reduce focus on the lucrative export market and divert production to the local market.
In a little over six months, Bajaj, the country's second biggest two-wheeler maker, has sold over 500 units of the Kawasaki Ninja 250R, price Rs 2.69 lakh (the 269,000 same as a Maruti Suzuki Alto car).
According to sources, the products would be priced in the range of Rs 2.3-2.4 lakh in the European market. However, the Indian market price is yet to be determined.
The country's largest car producer -- Maruti Suzuki -- is caught in a cleft. There is growing demand for its cars, but it does not have sufficient production capacity to feed this demand. To top that, this capacity constraint is not likely to be lifted before 2012.
Manufacturing lines at various car producing facilities across the country started to roll out the new range of Bharat Stage-IV compliant vehicles in the 13 notified cities from April 1, according to the Union government guidelines on emission norms.
Tata Motors now eyes the US, European and African markets.
Tata-promoted Taj Hotels may decide to add the Nano to their line of chauffeur-driven cars used for guest transfers.
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