The government of India has told car manufacturers to cut model prices which have been on the rise lately. All major car companies in the country have hiked the prices of their high-selling models in recent weeks. These include Maruti Suzuki’s Swift, DZire and A-Star, Hyundai’s Santro, i10 and Accent, Toyota’s Corolla and Innova and [...]

Hindustan Motors (HM) and Mitsubishi yesterday launched the new version their premium SUV, the Montero, in Mumbai. The Montero was launched 4 years back in India and has sold 600 units in the country so far. According to Hindustan Motors Managing Director R. Santhanam, it enjoys a 42-43 per cent market share in the premium [...]

The Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC), Yvo de Boer, said a day after the Tata Nano’s launch that there was nothing wrong with a ‘people’s car’ for ordinary Indians. Boer said at a press conference that the Nano could not be trashed simply due to emission concerns because [...]

Car maker Ford India will be increasing the price of its mid-sized sedan, the Ford Ikon, in April 2009. The continual depreciation of the rupee over the past few months has led to a considerable rise in import costs, making it unviable for Ford to sell the Ikon at its current price. The car will [...]

Tata Motors launched its long-awaited mini hatchback, the Tata Nano, on Monday, the 23rd of March 2009, in Mumbai. The Nano comes with a two-cylinder, 623cc petrol engine and is available in three variants. While the base variant is priced at Rs.1 lakh (ex-showroom), the other two variants, equipped with an AC, power windows and [...]

General Motors India is expected to change its strategy in the country by concentrating more on selling small cars instead of the mid-size and executive sedans and high-end SUVs that were its forte so far. The company’s market share in the executive (Chevrolet Optra) and mid-size sedan (Chevrolet Aveo) categories has fallen considerably from April [...]

On Monday, the 23rd of March, something revolutionary is going to happen. Tata Motors is going to launch the Tata Nano. Finally. It took so long for the car to become a reality, that the idea that it’ll soon be plying on Indian roads seems extraordinary. There’s still a lot of doubt in people’s minds regarding the [...]

Days ahead of the Tata Nano’s launch, car company Tata Motors has begun to make long-overdue payments to its suppliers. The company has tied up with the Small Industries Development Bank of India (SIDBI) to help it settle its dues with component makers. Under the arrangement being worked out, SIDBI will make payments to suppliers [...]

Maruti Suzuki‘s newest hatchback, the A-Star, leaves behind most of its competitors when it comes to mileage. The car achieved a top mileage of 39.48 kilometres per litre in a fuel efficiency rally held in Mumbai last week. In another rally of the same kind in Chennai, it delivered 37.6 km/l. The average mileage achieved by all [...]

Bajaj Auto’s Ultra Low Cost (ULC) car project, conceived initially as a joint venture between Bajaj, Nissan and Renault, is still on track. While Bajaj was to hold 50 per cent equity in the project, Renault and Nissan were to hold 25 per cent each. A statement from Bajaj Auto said on Saturday that if [...]