July 2010 Auto News

Apollo Tyres to Invest Rs 1100 Crore this Year in its Plants

Apollo Tyres to Invest Rs 1100 Crore this Year in its Plants


29 July,2010 Apollo Tyres Ltd will be investing Rs 1100 Crore this year in its 9 plants in India and abroad and was looking at Asia for expansion a top official of the company said. .....

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Toyota Falters Again, Will Recall 4,12,000 Cars in US

Toyota Falters Again, Will Recall 4,12,000 Cars in US


29 July,2010 Japanese car manufacturing giant Toyota Motor Corp has said that it would recall 412000 high-end passenger cars in the United States for steering related problems. Toyota .....

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M&M to Decide On Ssangyong Bid Later

M&M to Decide On Ssangyong Bid Later


28 July,2010 Mahindra & Mahindra India’s largest utility vehicles and tractor maker has now announced that it would postpone a decision on whether to bid for troubled Korean carmaker .....

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Mahindra Earmarks Rs 8,600 Crore Capex for Next Five Years

Mahindra Earmarks Rs 8,600 Crore Capex for Next Five Years


28 July,2010 Buoyed by a robust 40.30 per cent jump in its net profit for the last quarter M&M said that it will invest about Rs 8600 Crore in the next five years for various purposes. The .....

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Honda India Invests Rs. 250 Crore to Expand the Powertrain Facility

Honda India Invests Rs. 250 Crore to Expand the Powertrain Facility


27 July,2010 Honda Siel Cars India announced an investment of Rs. 250 Crore in its Tapukara Plant in Rajasthan for the expansion of the power train facility. The powertrain facility .....

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Toyota's Global Sales in First Half Of 2010 Up By 16.9 Percent

Toyota's Global Sales in First Half Of 2010 Up By 16.9 Percent


27 July,2010 Toyota has announced that its global sales jumped 16.9 per cent in the first half of the year as a recovery in the Japanese auto industry became stronger on increasing demand. .....

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Chevrolet Cruze Sales Pass 270,000 as U.S. Introduction Nears

Chevrolet Cruze Sales Pass 270,000 as U.S. Introduction Nears


26 July,2010 Even before the first models reach U.S. dealers the Chevrolet Cruze is among the fastest-growing nameplates in the world with sales rising an average of 18 per cent per month. .....

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Maruti Shows Poor Quarterly Results, falls 12.31%

Maruti Shows Poor Quarterly Results, falls 12.31%


26 July,2010 Maruti Suzuki has fallen 12.31 per cent on Monday on the Bombay Stock Exchange BSE due to the company’s poor quarterly results. Maruti’s net profit for the .....

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Bajaj's Small Car Project to Roll Out From Waluj Facility

Bajaj's Small Car Project to Roll Out From Waluj Facility


25 July,2010 Bajaj Auto’s new car project a joint venture with Renault and Nissan will be rolled out from the company’s Waluj manufacturing plant in Aurangabad and from Chakan .....

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Honda to Invest Rs 300 Crore in Tapukara Unit

Honda to Invest Rs 300 Crore in Tapukara Unit


22 July,2010 Honda Siel Cars India HSCI plans to invest Rs 300 Crore in its second plant at Tapukara Rajasthan to make engine and transmission components powertrain that will help it cut .....

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Rolls-Royce Aims To Sell 50 Units in India This Year

Rolls-Royce Aims To Sell 50 Units in India This Year


22 July,2010 Super luxury car manufacturer Rolls Royce is aiming to sell a total of 50 units this year in India including the newly launched Ghost 2010 series its authorised dealer said. .....

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Ruia Group To Bid For Ssangyong By August 2010

Ruia Group To Bid For Ssangyong By August 2010


21 July,2010 Ruia Group which controls tyremakers Dunlop Ltd. and Falcon Tyres would bid for the cash strapped South Korean SUV maker Ssangyong Motors by August 2010 a spokesperson for the .....

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Second Generation Porsche Cayenne Launched in India

Second Generation Porsche Cayenne Launched in India


21 July,2010 German luxury car manufacturer Porsche has launched the second-generation Cayenne in India. Porsche has launched five variants Cayenne Cayenne S Cayenne Turbo Cayenne Diesel .....

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Toyota Bets Big on New Small Car in India

Toyota Bets Big on New Small Car in India


21 July,2010 Betting big on its yet to be launched Etios compact Toyota has said that it expects more than half of its overall sales in India during the next year to come from the new .....

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Fiat India to Increase Export Volumes

Fiat India to Increase Export Volumes


20 July,2010 Fiat India has said that the company is planning to export its cars in the South Asian Association for Regional Cooperation SAARC countries to increase its export volumes. .....

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Maruti Suzuki to Limit Exports to Last Year's Level

Maruti Suzuki to Limit Exports to Last Year's Level


20 July,2010 Maruti Suzuki will limit exports to the last year’s level due to capacity constraints. “We are not competing in exports with other car makers... we are short of .....

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Toyota Launches Diesel Version of Corolla Altis at Rs 10.95 Lakh

Toyota Launches Diesel Version of Corolla Altis at Rs 10.95 Lakh


20 July,2010 Toyota Kirloskar Motors has just launched the diesel version of Corolla Altis today at a price of Rs 10.95 Lakh ex-showroom Delhi. The car will be available in three variants .....

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General Motors to Commission its Engine Manufacturing Unit in Talegaon

General Motors to Commission its Engine Manufacturing Unit in Talegaon


19 July,2010 General Motors India vice president P Balendran has said that the company will be commissioning the first phase of its engine manufacturing unit at Talegaon near Pune in .....

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GM’s Mini-Vehicle Venture in China Unveils First Car Brand

GM’s Mini-Vehicle Venture in China Unveils First Car Brand


19 July,2010 General Motor’s mini-vehicle venture in southern China unveiled its first car brand as it aims at the fast-growing moderately priced segment of the car market. .....

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Fiat 500 to Be Re-Launched Soon

Fiat 500 to Be Re-Launched Soon


18 July,2010 Fiat is re-launching its flagship compact marquee Cinquecento popularly known as Fiat 500 in the next few months. This follows the successful entry of Volkswagen’s iconic .....

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Ford India to Clear Backlog of up to 7,000 Units by End of July

Ford India to Clear Backlog of up to 7,000 Units by End of July


18 July,2010 Car-maker Ford India expects to clear a backlog of about 6000-7000 units of its small car Figo by this month-end following an enhanced production at its Chennai plant a top .....

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Fiat Launches Diesel Variant of Grande Punto

Fiat Launches Diesel Variant of Grande Punto


15 July,2010 Car maker Fiat India launched a new diesel variant of its small car Grande Punto priced at Rs 6.79 Lakh ex-showroom price Delhi. The company claimed that the car with a .....

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Ford Figo Achieves 25,000 Sales Booking Milestone in Close To 100 Days

Ford Figo Achieves 25,000 Sales Booking Milestone in Close To 100 Days


15 July,2010 Ford India today announced that the Figo which was launched in March 2010 has reached the 25000 sales booking milestone in close to hundred days from its launch. Figo which .....

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Mercedes Launches Super Sports Car in India

Mercedes Launches Super Sports Car in India


15 July,2010 German luxury car maker Mercedes today launched a super sports car SLS AMG in India priced between Rs 2 Crore and Rs 2.5 Crore. “We are very excited to come with .....

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Mini Xylo to Take on Compact Cars

Mini Xylo to Take on Compact Cars


15 July,2010 M&M is looking to do a Nano by rolling out the country’s first sub Rs 5-lakh SUV this year a compact version of the Xylo. India’s largest utility vehicle maker is .....

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