Effective October 1, 2010 Tata Motors is on the verge of hiking the price for its Indica and Indigo to meet the in put rise like the ones for tyres. Though no official word is coming from the Tata camp, it is believed that the company will follow the suit of Hyundai Motors which has already increaseRead More..
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The ensuing festive season will see the cars from Hyundai and Toyota costing more. Hyundai has planned its price rise effective next month by 1.2% and the reason cited for the rise is high input cost. This will end up with Santro [images] and i10 [images] costing more by Rs3,500 on entry-level versiRead More..
The country’s second largest car maker Hyundai said it is on the verge of increasing its products for Indian market. The demand as on now may need the increase by 70000 units, said the CEO and MD of the company. The current production capacity of Hyundai is 6 lakh annual units from its two plantsRead More..
The small car segment in India has not spared any car maker and this time it is Fiat. The company is on the verge of launching a small car at Rs3-4 lakh range to fit in A2 segment. If it materializes, then it would counter the likes of Hyundai Santro [images], Maruti Alto [images], and A-Star [imageRead More..
Maruti’s Alto will run safe till the Auto Expo 2012, by the time which Hyundai would roll down its small car to counter Alto [images]. The R&D of the company’s apex body in Korea is drafting the necessary proposal in this regard, said an official from the company. Hyundai feels that the next AutRead More..
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The Japanese car maker Honda said the ensuing hatchback car for India, under a JV with Siel Group slated for 2011 will not find place in the volume prone small car segment. Rather it will have its slot above the small car range. The Chief Operating Officer of the company’s Asia and Oceania area saRead More..
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The proposed increase for the price of CNG version cars may see a fall of sale by nearly 20% it is estimated. The move will force ahead the autorickshaws and bus. However, the demand for CNG may prosper in the coming years, the observers foresee. The reason cited for the increase in the price was thRead More..
India’s second largest car maker Hyundai is pinning on the hope of retaining its position by initiating its engine unit in India. The move comes after a 3-month feasibility study and a final word will come off soon, said an official from the company. The unit will involve an investment of $550 mRead More..