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Volkswagen opens India car plant

March 31, 2009 Gautam 1

Volkswagen AG said it will start production at its EUR580 million (US$ 766.9 million) India factory in May, as global auto makers seek to expand into this potential growth market amid shrinking sales in the […]

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Mitsubishi holds back small car plans for India

March 31, 2009 Gautam 1

Mitsubishi Motor Corporation’s plan to produce a volume-generating compact car from India has been indefinitely deferred for lack of funds and sliding demand. The company planned to launch the premium compact car through its technical […]

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Ford Ikon to cost more from April

March 25, 2009 Gautam 0

Ford India will increase the price of its entry-level sedan Ikon by up to 1.5 per cent from April as it looks to offset rising component import bills due to rupee depreciation. “There will be […]

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Maruti Suzuki launches Swift Life club

March 25, 2009 Gautam 0

Maruti Suzuki has set up an online club called ‘Swift Life’ for all Swift-owners to celebrate Swift becoming the fastest car model to reach the 3-lakh milestone. The company has taken this unique initiative to […]

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Honda CR-V to cost more

March 1, 2009 Gautam 0

Honda Siel Cars India said it will increase the prices of its sports utility vehicle CR-V by about 30 per cent in May, 2009, besides gradually hiking the rates of other models. “Devaluation of rupee […]

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Ashok Leyland, Tata motors to cut truck prices

February 25, 2009 Gautam 0

Ashok Leyland India’s second largest commercial vehicle manufacturer said it will cut the prices of its trucks by an average of over Rs. 16,000 per unit on account of the government’s decision to reduce excise […]

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SBI offers 10% interest rate on auto loans

February 24, 2009 Gautam 0

India’s largest bank, State Bank of India (SBI), is offering 10% interest rate on car loans for the first year. This move is expected to give car sales a major boost, especially among government employees, […]

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