February 2009 Auto News

BMW Inaugurated its New Car Showroom in India

BMW Inaugurated its New Car Showroom in India


26 February,2009 The luxury car manufacturer BMW has opened its new car showroom the Infinity Cars in India. The showroom is located at the Seth Motilal Sanghi Marg Worli Mumbai. The .....

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BMW X6 Launched in India

BMW X6 Launched in India


26 February,2009 BMW introduced World’s first sports activity coupe BMW X6 in India. The car carries the agility performance and athletic design of a coupé along with the .....

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Hindustan Motors Plans for another Price Cut

Hindustan Motors Plans for another Price Cut


26 February,2009 After slashing the prices of Ambassador and Lancer cars last December Hindustan Motors is now planning to go for another price cut. It has decided to cut the prices of its .....

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Porsche RS Spyder to Compete at Le Mans 24 Hour Race

Porsche RS Spyder to Compete at Le Mans 24 Hour Race


26 February,2009 Two Porsche RS Spyder will participate at this year’s Le Mans 24 Hour Race which is held annually in France. The two teams that will use the cars are NAVI Team Goh .....

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Tata Motors Confirms the Launch Date of Nano

Tata Motors Confirms the Launch Date of Nano


26 February,2009 Tata Motors has finally confirmed the launch date of the world’s cheapest car the Nano. Earlier there was a speculation that the car will be launched on March 3 2009 .....

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Mercedes-Benz Rejoices 48 percent Rise in Car Sales in Punjab

Mercedes-Benz Rejoices 48 percent Rise in Car Sales in Punjab


25 February,2009 Despite the tight financial market and global meltdown Mercedes-Benz experienced a 48 rise in car sales in Punjab. The impressive sales volume of the Punjab car market .....

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Tata Motors Launched Xenon XT in India

Tata Motors Launched Xenon XT in India


25 February,2009 Tata Motors has launched its cross terrain Xenon XT in India. It is a lifestyle 4-door 5-seater pickup with stylish exteriors and comfortable interiors. The tall .....

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Toyota to Launch its Small Car in Both Petrol and Diesel Variants

Toyota to Launch its Small Car in Both Petrol and Diesel Variants


25 February,2009 Toyota small car that is proposed to be launched by December 2010 will be launched in both petrol and diesel variant. The variants will be powered by a 1.2-litre or 1.3-litre .....

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Tata Motors Ready to Launch Its Dream Car Nano

Tata Motors Ready to Launch Its Dream Car Nano


24 February,2009 Tata Motors is all set to launch its dream car Tata Nano. Though till now the official launch date has not been disclosed it is speculated to be launch on March 3. It .....

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Tata Motors Ties up with PSU Banks

Tata Motors Ties up with PSU Banks


24 February,2009 When the economy slides through recession it is essential for the companies to provide extended support to their customers in order to maintain the sales. Many car .....

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Honda Continues Production Cuts in India

Honda Continues Production Cuts in India


23 February,2009 The leading car manufacturer Honda Seil Cars India continues production cuts in India. It is expected that the company will cut production by over 45 for the next six months .....

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Rolls-Royce Launches New Phantom Coupe

Rolls-Royce Launches New Phantom Coupe


23 February,2009 Rolls Royce has launched the all-new Phantom coupe in India. It is the most expensive sports coupe with a price tag of Rs 4 Crore. The car is the fourth model in the .....

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Honda to Stop Retailing of Civic Hybrid through Its Dealerships

Honda to Stop Retailing of Civic Hybrid through Its Dealerships


22 February,2009 Honda Seil Cars India will no longer retail its Civic Hybrid through its dealership across the country. The Honda Civic Hybrid is Indias first hybrid car that was .....

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Maruti Suzuki Expects Higher Sales in February

Maruti Suzuki Expects Higher Sales in February


22 February,2009 After receiving good sales volume for the month of January Maruti Suzuki expects sales growth of nearly 5-7 percent this month. According to Shashank Srivastava Maruti .....

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Hyundai Motor Ties up with Punjab National Bank for Car Loan

Hyundai Motor Ties up with Punjab National Bank for Car Loan


19 February,2009 Hyundai Motor signs a partnership with Punjab National Bank PNB in order to provide easy car finance to its customers. The partnership is aimed at accelerating car loan .....

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Sports Variants of Indica V2 Xeta Launched

Sports Variants of Indica V2 Xeta Launched


19 February,2009 Tata Motors has introduced the new sport variants of Indica V2 Xeta. The Indica Xeta Sports comes in both petrol and LPG version. The LPG variant is a dual-fuel car that .....

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Hyundai Motors Hikes Car Prices

Hyundai Motors Hikes Car Prices


18 February,2009 Hyundai India has increases the prices of its car models by 1.2 percent to 3 percent in order to absorb the high input cost. The car models like the Santro i10 and the Accent .....

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Mahindra and Mahindra to Speed up Xylo Production

Mahindra and Mahindra to Speed up Xylo Production


18 February,2009 Mahindra & Mahindra is ramping up production of its recently launched MPV Xylo seeing the high demand of the car. Mahindra Xylo was launched in 2009 January and is .....

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Big Car Companies to Get only 50 percent R and D Grant

Big Car Companies to Get only 50 percent R and D Grant


17 February,2009 The Indian car industry which has recorded a negative growth for seven consecutive months till January 2009 has not received any sops from the interim budget. But according .....

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Government to Ease Auto Loan Exposure Norms

Government to Ease Auto Loan Exposure Norms


17 February,2009 Eyeing the decline growth of the auto sector Department of Banking is planning to introduce a new set of guidelines for banks and NBFCs Non-Banking Financial Companies in .....

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Renault Postponed its Plan to Launch Cars in India

Renault Postponed its Plan to Launch Cars in India


16 February,2009 Renault has decided to hold back its plan to launch cars in India by 2010 due to the current global economic slowdown. It has temporarily halted its investments on assembly .....

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Tata Motors Launches '24x7 On-Road Assistance' Programme

Tata Motors Launches '24x7 On-Road Assistance' Programme


16 February,2009 Tata Motors has introduced ‘24x7 On-Road Assistance’ programme for passenger vehicles in India. The programme will offer speedy and hassle free service in case .....

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General Motors Plans to Introduce Smaller SUVs

General Motors Plans to Introduce Smaller SUVs


15 February,2009 In order build a strong base in the Indian car market General Motors India is planning to introduce smaller SUVs and pick-up trucks from its Chinese partner Wooling .....

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Public Sector Banks Ahead of Private Banks in Car Finance

Public Sector Banks Ahead of Private Banks in Car Finance


15 February,2009 Public sector banks PSU are ahead of private banks in car financing business. According to the marketing head of car companies all the public sector banks are regaining lost .....

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China Overpowers United States as Largest Car Market

China Overpowers United States as Largest Car Market


12 February,2009 China overtakes the United States as the worlds largest auto market in January 2009. According to Chinese state media a total of 735000 automobiles were sold in China .....

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