Tata Motors Passenger Vehicles Ltd expects contribution of SUVs to its overall sales to go beyond 70 per cent with it making foray into the fast growing mid-sized segment with a premium positioning of its Sierra model, according to its Managing Director & CEO, Shailesh Chandra.
The Baleno is a runaway hit for Maruti Suzuki with delivery wait extending to six months.
Japanese automobile company Mitsubishi Motors may launch a compact car in the B segment in the country. The car is expected to hit the roads in three years. Though Mitsubishi sells Pajero SUV and Lancer sedan in India, they have not generated adequate volumes for the Japanese automobile company. The compact car will take on Maruti Swift, Hyundai Getz, Skoda Fabia, Fiat Palio, Chevrolet U-VA and Ford Fusion
The car will compete with Hyundai Grand i10 and Maruti Suzuki Celerio
The company's Datsun Go and Go+ ply in the same category.
The partnership will look to expand Ford's reach in the fast-growing Indian market and improve M&M's access to global markets
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