August 2010 Auto News

Continental AG Eyes Indian Tyre Market

Continental AG Eyes Indian Tyre Market


30 August,2010 Leading global firm Continental AG said that it is eyeing the Indian tyre market given the fast paced growth and huge demand in this market. “India is one of the key .....

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Kia Motors to Set up Manufacturing Facility in Chennai by 2012

Kia Motors to Set up Manufacturing Facility in Chennai by 2012


30 August,2010 According to a senior state official investments into Tamil Nadu would exceed Rs 20000 crore in the current calendar year. The TN government has got proposals worth Rs 7000 .....

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Maruti Launches Limited Edition of Ritz

Maruti Launches Limited Edition of Ritz


29 August,2010 To celebrate the first year anniversary of the Maruti Suzuki Ritz the company has launched a limited edition of the small car. Maruti Suzuki Ritz which was launched in May 2009 .....

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Toyota to Start Trial Production of Etios in September

Toyota to Start Trial Production of Etios in September


29 August,2010 The world’s largest car maker Toyota said it will start trial production of the much-anticipated Etios for the Indian market from next month three months ahead of its .....

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Ford to Launch Eight New Cars in India by 2015

Ford to Launch Eight New Cars in India by 2015


26 August,2010 Ford Motors Co. has announced that it will launch eight new cars in India and invest about 350 million in its JV with Mazda Motor Corp. for their pickup truck plant in .....

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Honda India Undecided on Assembly Operations in Second Plant

Honda India Undecided on Assembly Operations in Second Plant


26 August,2010 The Indian car unit of Honda Motor Corp has not yet decided on starting assembly operations at its second manufacturing unit in Rajasthan a senior official said. The .....

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Maruti Suzuki to Set Up Third Plant at Manesar

Maruti Suzuki to Set Up Third Plant at Manesar


26 August,2010 Maruti Suzuki is planning to set up a third plant at its Manesar unit with an investment of close to Rs 1700 crore. According to industry resources MSI is mulling an additional .....

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Renault to Introduce India Specific Car in 2013

Renault to Introduce India Specific Car in 2013


26 August,2010 Renault has announced that is developing a car which will be designed to meet the needs of the Indian market. The car is expected to be launched 2013. “At present .....

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Toyota Studying Indian Market to Launch Etios Hybrid, Eyes 63,000-64,000 Etios Sales in 2011

Toyota Studying Indian Market to Launch Etios Hybrid, Eyes 63,000-64,000 Etios Sales in 2011


26 August,2010 The world’s largest car maker Toyota has said that it will study the Indian market to launch a hybrid version of its proposed small car Etios which will be commercially .....

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Mahindra & Mahindra Inks MoU with Shriram Automall

Mahindra & Mahindra Inks MoU with Shriram Automall


25 August,2010 Auto major Mahindra & Mahindra on Wednesday said it has entered into a strategic alliance with Shriram Automall to facilitate M&M customers to exchange their old commercial .....

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Maruti Parts Suppliers Face the Risk of Being Dropped

Maruti Parts Suppliers Face the Risk of Being Dropped


25 August,2010 Maruti Suzuki India has said that it may cut parts makers who are unable to pay for expansion as an industry-wide components shortage damps auto production in the country. .....

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Mahindra's Ssangyong Buy to Help it Emerge as Global Player in SUV Market

Mahindra's Ssangyong Buy to Help it Emerge as Global Player in SUV Market


24 August,2010 Mahindra & Mahindra India’s largest SUV maker has said that its acquisition of South Korean company Ssangyong Motor would help it emerge as a global force in the SUV .....

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Ratan Tata Regrets the Loss of Singur Plant Project

Ratan Tata Regrets the Loss of Singur Plant Project


24 August,2010 Tata Group Chairman Ratan Tata has said that he regrets that the company could not do the Nano car project which it wanted to do in West Bengal. The state nevertheless would .....

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Ford to Enter Used Car Market Soon

Ford to Enter Used Car Market Soon


23 August,2010 Ford India is all set to enter the used car market with opening of multi-brand outlets across the country. This is part of the company’s strategy to enhance customer .....

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Mahindra Vows to Become a Global SUV Player

Mahindra Vows to Become a Global SUV Player


23 August,2010 M&M has said it would use its purchase of Ssangyong Motor to become a global player in the SUV market. Pawan Goenka president of Mahindra’s automotive and farm sector .....

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JLR Plans to Assemble Freelander2 from Chikhli Plant from Nov

JLR Plans to Assemble Freelander2 from Chikhli Plant from Nov


22 August,2010 Tata group firm Jaguar Land Rover is understood to have geared up to start assembly of SUV Freelander2 from November this year at Chikhli facility in Maharashtra used earlier .....

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Mahindra Receives US Environmental Certificate for its Pick-up

Mahindra Receives US Environmental Certificate for its Pick-up


22 August,2010 Indian car manufacturer Mahindra & Mahindra has got the environmental clearance from the US authorities for its diesel pick-up trucks. The company said that it is the first .....

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Auto Parts Companies to Invest $30 Billion by 2020

Auto Parts Companies to Invest $30 Billion by 2020


19 August,2010 Indian automotive component makers plan to invest 30 billion by 2020 to ramp up production capacity as they try to keep pace with a fast growing auto market. Indian .....

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Tata Motors to Raise Rs 4,700 Crore through Sale of Shares

Tata Motors to Raise Rs 4,700 Crore through Sale of Shares


19 August,2010 Tata Motors is planning to raise 700 million through an issue of shares with differential voting rights. The report says that company officials from the leading Indian auto .....

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Auto Component Industry Expects $3 Billion Investment Every Year

Auto Component Industry Expects $3 Billion Investment Every Year


18 August,2010 The Indian auto component sector is expecting an investment of USD 3 billion every year for the next decade mainly in capacity enhancement to meet the growing demand industry .....

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General Motors and SAIC to Co-develop Core Technology

General Motors and SAIC to Co-develop Core Technology


18 August,2010 General Motors and China’s Shanghai Automotive Industry Corp. have signed a deal under which they will work together to produce new engine and transmission technology. Hu .....

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Skoda to Launch Small Car with Rs 3-5 Lakh Price Tag in 2012

Skoda to Launch Small Car with Rs 3-5 Lakh Price Tag in 2012


17 August,2010 Czech car maker Skoda has said that it will introduce a small car in India in early 2012 which will be priced at Rs 3-5 Lakh. The company a part of the Volkswagen Group will .....

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Tata Nano to Reopen Bookings

Tata Nano to Reopen Bookings


17 August,2010 Tata Motors dealers would reopen the bookings for Nano before the end of August to meet an expected rise in demand for the car senior executives at three dealerships said. The .....

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Fiat India Becomes Profitable for the First Time in 3 Years

Fiat India Becomes Profitable for the First Time in 3 Years


16 August,2010 Fiat India has announced Rs 22 crore profits for the first quarter of this fiscal. Fiat had earlier reported a loss of Rs 166 crore for the corresponding period last year. In .....

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Mercedes-Benz Launches New E-Class at Rs 64.5 Lakh

Mercedes-Benz Launches New E-Class at Rs 64.5 Lakh


16 August,2010 German car maker Mercedes Benz today launched a new version of its E-Class sedan priced at Rs 64.5 Lakh ex-showroom Delhi in a bid to strengthen its leadership position in the .....

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