The country's largest carmaker Maruti Suzuki on Tuesday said it plans to have an output of 15 lakh (1.5 million) units by 2015 to maintain its 50 per cent market share in the Indian car market.
The company, however, did not say when it plans to commercially launch Aria.
The company is also aiming to increase its market share in the 150cc motorcycle segment to 25 per cent by the end of this year from 15 per cent at present.
The Polo would be available in both petrol and diesel variants.
Maruti Suzuki will showcase 17 vehicles at the forthcoming Auto Expo in January 2010.
At a time when Indians are still drooling over Tata's Rs 1-lakh (Rs 100,000) wonder Nano, a bicycle from Firefox, costing more than two times the small car will make its debut at the upcoming Auto Expo in New Delhi.
After years of giving free passes to counterparts from Korea, Japan, US in the Indian auto market, Chinese automakers had planned a major push to grab the fifth largest car market in the world. But the shutdown of factories and logistics hubs in the country following the outbreak of coronavirus is slowly constricting the business of Chinese auto majors which have recently entered India.
Stating that the plans for unveiling the vehicle are at the final stage, Mohindroo said, "the company would showcase the motorcycle in the Auto Expo 2010."
Here's what you can expect from the new KTM Duke 200 that will launch early next year.
Five years after his promise to build a people's car, Ratan Tata will hand over the key of his dream project--the Nano- to its first customer on Friday.
The company will showcase the Ioniq electric vehicle at the Auto Expo that begins next week.
The government on Thursday asked the auto industry to produce a car with a price tag of up to Rs 100,000 even before the debate between leading domestic automakers Maruti and Tatas on feasibility of such a vehicle is to conclude.
Mahindra-Renault, a joint venture between Mahindra & Mahindra and Renault, plans to source engines from the French firm's proposed plant in Chennai as it looks to increase localisation of its sedan Logan.
Ford is looking at multiple platforms to drive into India's small car market.
The country's largest bike maker, Hero Honda, on Thursday said the launch of the Rs 1 lakh car 'Nano' will not have any impact on the two-wheeler industry.
Ferrari Italy is planning to bring its luxury moder Ferrari in India, in a bid to enhance its brand image.
Tata Motors on Monday announced that the Tata Nano Standard version (BS2) will be priced at Rs 1 lakh (Rs 100,000) ex Factory Pantnagar (excluding transportation charges and VAT) thereby delivering on the promise made at the unveiling of the car at the Auto Expo in New Delhi last year on January 10th 2008.
The industry will see as many as 24 new launches in 2008, from 14 car makers across the country, with nearly all of them being unveiled at the upcoming Auto Expo in New Delhi. New model releases from the top three manufacturers will include Tata's much awaited 'One lakh car' concept (almost production ready), new compact car Indica, mid-sized car Indigo and the Sumo multi-utility vehicle.
Hindustan Motors on Thursday launched Mitsubishi Lancer Cedia, which promises easy manoeuverability and strong road grip on the Indian roads.
Ford India has entered into a collaboration with car designer Dilip Chabaria who would customise its Fiesta model according to customers' requirements even as the company does not plan to introduce any model in the Indian market this year.\nFord's 'i
The new variants are petrol GLX model and two diesel LX models -- in turbo-charged diesel with intercooler and direct injection common rail engine options, the company said. The Tata Indigo CS, launched at the Auto Expo at New Delhi in January 2008, has boosted sales of the company's Indigo range of sedan.
The second-generation Tata Indica will be called Indica Vista. The car that was previewed for the public at the Auto Expo, New Delhi this year will carry the new tag to differentiate itself from the Indica that is currently in production.
Automobiles major Mahindra & Mahindra is gearing up to launch a mild-hybrid technology version of its passenger vehicle Scorpio in the near future.
To begin with, the Indigo CS and the Indica Dicor are available right now, and since we last drove either car, there have been improvements.
Commonly known as the Bug, the Beetle would hit the Indian market in the middle of this year, Volkswagen managing director, passenger car division, Adreas Prinz told PTI.
The Nano price point would see a 65 per cent increase in the number of families that can afford a car.
Some 100 component makers worked with Tata Motors for over 3 yrs.
The protests are meant to highlight the plight of the hundreds of sharecroppers of Singur besides the 12,000 landowners whose land was acquired by the Bengal government for the Tata factory which is to make the small car.
MD Shinzo Nakanishi also rules out entering ultra low-cost car segment.
After showcasing the yet-to-be-named car (Ratan Tata calls it "the people's car") in the capital, the company is planning a similar splash at the Geneva Motor Show in March, a company spokesman confirmed.
If owning a BMW has been your dream the dream might just become a reality after BMW's new SUV X1 hits the market.
Set to be unveiled at the Auto Expo in New Delhi, it is likely to be priced below Rs 400,000, and will come with air-conditioning and the option to choose from six colours.
Carmaker Skoda India has decided to price Fabia, the hatchback it plans to launch at the Auto Expo in January, in the range of Rs 5-6 lakh.
To drive home the benefits of lower manufacturing costs in India, Cummins India Ltd and Cummins Westport Inc will be exporting B Gas International natural gas engines to locations such as South America.
Maruti Udyog Ltd will invest Rs 2,718 crore (Rs 27.18 billion) for introducing new models, research and development and upgradation in the country by 2008.