Indian Automobile Industry

: March 23, 2010, is a momentous day in the history of India’s auto revolution, as the homegrown Maruti Suzuki India would enter the select club of auto manufacturers to have produced and sold 1m vehicles in a single financial year. Well, the homegrown prefix to Maruti is not out of place since the Indian government was a 50% partner with Japan’s Suzuki Motor Corp for a long time, long before the word disinvestment came into political usage, and in a way had provided this joint venture...

Japanese carmaker Nissan on Tuesday said it plans to sell 100,000 vehicles in India by 2013, for which it will launch nine models in the next two years, including the sedan version of its latest compact car Micra – slated to be available in the country by July.In order to achieve the sales target the company will enhance its dealership network to 82 by 2013 from eight at present."Our target is to sell one lakh units in India by 2013," Nissan Motor India Pvt ltd MD and CEO Kiminobu Tokuyama...

US carmaker Ford today launched its much anticipated global small car 'Figo' in the Indian market, priced at Rs 3.5 lakh to Rs 4.48 Ford FigoOther Brands in the same category are Volkswagen Polo Nissan MicraMaruti RitzChevrolet Beat The company said it will be exporting the car from India to various markets across the globe, with South Africa being the initial target. "For years, we have been seen as offering only premium priced products in India, and that has kept us as a small player...

CHENNAI: Ashok Leyland’s new commercial vehicle plant at Pantnagar in Uttarakhand, flagged off on Friday, is said to be its largest manufacturing facility. Set up on 190 acres with a built up space of two lakh sq mt, it is also one of the most integrated manufacturing facilities in the Indian commercial vehicle industry. " Best in class industrial architecture combined with the latest manufacturing technologies has created a truly modern facility that is also ecology sensitive as reflected in the selection of machinery and processes", the company said. The company has pumped in an investment of

Japanese car firm Nissan is in talks with Hinduja group company Ashok Leyland for developing a small car that will operate in the segment currently dominated by the Maruti Suzuki Alto.Speaking to Indian journalists here on the sidelines of the Geneva Auto Show, Carlos Ghosn, the CEO of Nissan & Renault, said: “We are studying the possibility of tying up with Ashok Leyland and some other manufacturers in China and Indonesia for a small car project.”In India, the car could be positioned between the Tata Nano at the lower end and Maruti Swift at the upper end of the small car market.The tie-up