Saxena, who has been working in Hyundai since 2006, is likely to join Volkswagen's Indian operations, sources said.
A six-year-old boy was kidnapped in Gwalior, Madhya Pradesh, after two men on a motorcycle threw chilli powder into his mother's eyes. The incident occurred in the Morar area while the mother was waiting for her son's school bus. Police have announced a cash reward for information leading to the arrest of the accused and the rescue of the boy.
It is powered by 1.2-litre petrol engine with 'Aero Sport' package.
Despite heavy police security, a group of Marumalarchi Dravida Munnetra Kazhagam supporters sneaked into Bhopal through rail and air routes on Tuesday night to protest the visit of Sri Lankan President Mahinda Rajapaksa, who is arriving in the state capital, police said.
The refreshed version comes with various features.
Volkswagen, the largest European car maker, sells the Polo, Vento, Jetta, Passat and the Touareg in the domestic market.
At present, Mahindra First Choice is the leader in the Rs 60,000-crore (Rs 600-billion) multi-brand used car market.
The Eurozone crisis is likely to bring down Hyundai Motor India's exports to 2.25 lakh cars this year against 2.47 lakh last year, a top company official said.
GM India launches updated version of Captiva at Rs 27.36 lakh.
General Motors HAS appointed Arvind Saxena, former Managing Director of Volkswagen Passenger Cars India, as the President & Managing Director of its Indian unit.
Hyundai Motor India Ltd (HMIL) said it will increase the prices of vehicles across models by up to 2 per cent to offset rising input costs.
Auto major, Hyundai Motor India, on Thursday said that it would be increasing the prices of its products by up to 1.2 per cent across all models, from September 1.
Last week, rival and market leader Maruti Suzuki India had raised the prices of its various models, except Alto, by up to Rs 7,500 citing a sharp increase in input costs with immediate effect.
Hyundai Motor India Ltd will hire NRI's and expatriates in executive positions as part of a new recruitment policy that aims at tapping global talent in the automotive industry, the company said on Tuesday.
A majority of HMIL's current export comprises the i10 model, which is exported to Asia, Latin America and Western Europe. In addition, the company has stated that 90 per cent of the i20 model (a premium hatchback) will be exported. The company will produce 150,000 units of the model annually.
Hyundai Vice President (sales and marketing) Arvind Saxena told reporters at the launch of Verna in Kolkata on Wednesday that the second plant, coming up near the existing one near Chennai, would go on stream in 2008.
Declaring a price war against rival Maruti's Swift, Hyundai Motors India Ltd launched its new premium hatchback Getz Prime, starting from Rs 3,89,000.
Hyundai currently sells hatchback models Santro, i10, Getz along with sedans Accent, Verna, Sonata Embera in the country. The company's move to hike prices follows rival Maruti Suzuki India, which hiked prices last week across various models between Rs 1,000 and Rs 18,000.
Hyundai Motor India said on Friday it will hike prices of all models, including the flagship Santro, from this month-end because of higher input and freight costs.
The company has been struggling to keep its sales momentum in the domestic market due to a slump in demand.
The company shipped the first lot of 140 units of its hatchback Chevrolet 'Beat' from the Mumbai port to Chile last Thursday.
German car-maker Volkswagen on Thursday said it will increase its vehicle prices by up to 2.5 per cent in India from next month in order to offset impact of high input costs.
The German carmaker will hike prices of its best selling cars in Indiafrom February citing increased inputs costs and changes in the exchange rate.
Maruti Suzuki is offering cash discounts ranging from Rs 5,000 on its hatchback Celerio to Rs 35,000 on entry level Alto800.
GM India said customers will be able to book the Trailblazer on Amazon.in only from October 21-25, at a reservation deposit of Rs 25,000.
GM has invested $1 billion in the country since 1996.
Sources claim that 68-70 per cent of the workers at Halol are permanent ones, while the balance is tilted towards contractual workers at Talegaon.
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