Japanese carmaker Suzuki Motor Corp is recalling the automatic transmission version of its compact car 'Alto' in Europe, which is sold under the brand A-Star in India.
Carmakers like Porsche, Rolls Royce, Bentley, etc have a number of products to offer in this segment.
"Currently work is going on for developing a diesel engine for mid-sized sedans. Our engineers are developing it internally and we are hopeful of getting it ready by mid (of) next year," said MSI Managing Director and CEO Shinzo Nakanishi.
Premium carmaker Mitsubishi on Wednesday said it will increase the price of its newly launched sports utility vehicle Outlander by about two per cent from next month, thus withdrawing the introductory offer on the vehicle.
India, one of the world's fastest growing auto markets, will see the launch of over ten vehicles, including small cars during the 10th Auto Expo.
India's largest carmaker Maruti Suzuki plans to ride on the back of new launches in the future to retain its numero uno position in the market place and beat back competition from its peers.
Malaysian-owned Lotus Racing could have a completely new identity in Formula One next season although team principal Tony Fernandes says he wants to keep the Lotus name if he can.
Coupled with attractive offers and promising economic trends the carmakers are here to leave a mark.
Ford India's commitment to launch a new product in the country every 12-18 months will see the company strengthening its domestic supplier base, as it seeks to keep the costs down while maintaining global quality standards.
This year has been a year of some great car launches. From hatchbacks to Sports Utility Vehicles (SUVs), every segment has seen the entry of a new model.
The concept showcased by Audi had glimpses of RS5's platform but in a shortened version.
India's two big car manufacturers, Maruti and Tata, hinted that they plan to manufacture hybrids in the coming future.
Prices of two-wheelers, passenger and commercial vehicles are set to rise 15-25%
Many new car launches, offers and discounts await consumers this season. Among the various cars scheduled to be launched here is a list of five sedans that have been quite eagerly awaited.
The country's largest carmaker Maruti Suzuki India is understood to be planning to ramp up its output by about 10 per cent to produce over 1,10,000 units every month from October.
Toyota is recalling the vehicles worldwide to fix faulty accelerator pedals and brakes. "Toyota's problems are not good for the industry.
The company is targeting a 30 per cent marketshare in the Indian market by next year even as it plans to expand its dealership network to 18.
Indian auto market is not only attracting economy models or luxury car makers, the country has also become a launch pad for ultra-luxury and super cars.
HMIL sells a range of vehicles starting from entry-level small car Eon to premium SUV Santa Fe, which are priced between Rs 325,000 and Rs 31.75 lakh
Affluent Indian automobile buyers may get another brand to choose from. Nissan, Japan's third largest carmaker, is looking at the possibility of launching Infiniti, a luxury brand owned by it, in India. Known for its luxurious features and power-packed driving characteristics, Infiniti is a premium brand which competes with benchmark ones globally such as Mercedes, BMW, Porsche, Audi and Accura.
The Supreme Court on Tuesday upheld a December ruling that temporarily banned the sale of large diesel cars in New Delhi to combat toxic smog in India's capital.
German carmaker Mercedes Benz on Tuesday launched a new version of its E-Class sedan priced at Rs 64.5 lakh (Rs 6.45 million)(ex-showroom Delhi), in a bid to strengthen its leadership position in the Indian luxury car market.
At least one Indian company will be among the top six carmakers that would dominate the global auto industry by 2020, a study by global consultancy firm Deloitte said.
The car has been launched in two variants.
Leading carmakers are considering raising prices of their vehicles across the board, if the government withdraws the excise duty benefit in the coming Budget.
With diesel cars set to become costlier from next year with the implementation of stricter BS-VI emission norms, major automakers in India are contemplating about the future of such vehicles in their portfolios.
It will be the first company to come out with factory-fitted CNG cars.
"We are looking for partners in 4-5 countries to set up manufacturing facilities and especially in the US, Australia and Europe. We are in talks with some companies, but nothing has been finalised so far."
At a time when many major global auto markets witnessed declines, Indian carmakers were able to expand their overseas presence with exports from the country registering a robust 33.23 per cent growth in the last fiscal.
Betting big on its yet to be launched compact car Etios,the world's largest carmaker Toyota on Wednesday said it expects more than half of its overall sales in India during the next year to come from the new model.
The world's largest carmaker, Toyota, on Wednesday launched the diesel version of its premium sedan Corolla Altis in India, priced between Rs 10.95 lakh and Rs 13.75 lakh (ex-showroom Delhi).
Volvo Auto India on Monday said the acquisition of its parent Volvo by China's Geely will not have any impact on its plans for India.
From April 1, 2010, 13 cities will switch to Euro IV. Earlier, industry experts said that the Euro IV emission norms, to be effective from April 2010, would force an upward revision of prices as carmakers were making significant investments to upgrade vehicle engines to make them Euro IV compliant.
Brand Toyota may have taken some beating after the Japanese carmaker had to recall millions of vehiles in the US, but in India the company sees no impact and is eyeing a strong growth.
Toyota, General Motors, Volkswagen, Ford, Honda, Renault, Hyundai, Suzuki and Nissan are among those who boast of production of a million unit or more every year.
German firm BMW will enhance production capacity at its Chennai plant as it eyes sales of over 4,000 units in 2010
Pessimism largely emanates from the fact that the volume outlook for FY20 isn't encouraging at the moment.
Fortune magazine recently did a survey to find out the world's most admired companies.
A door lock problem forced Korean carmaker Hyundai to announce the recall of over 47,000 units of its premium sedan Sonata from its home market and the US. However, the move has no impact in India.
The battle in the high-end luxury segment is all set to get more intense.
