Hyundai is exploring the small car at its Hyderabad R&D unit

The running success of Santro made its maker Hyundai to search the possibilities for another small car and the efforts are on at the company’s R&D wing in Hyderabad. Slated for launch next year, the research project is carried out under the intelligence of 400 engineers who are spread into 180 parts. The wing, set …

Tata to install an assembling unit in SA

A truck assembling unit may be erected by Tata in South Africa this year end, said a company official. The Head for India said the assembling unit, in addition to the ones in Thailand and Bangladesh, will be for medium and small end trucks with an initial capacity to be 3000-4000 units per year. South …

Fall in economy costed Hyundai

The Korean car company Hyundai Motors India is not spared from the economy wave that swept the world in 2008. The company’s export potential to Europe has fallen sharply and search is on for alternative markets from South Africa and South America, said the company’s senior president for sales and marketing. The export market constitutes …

GM

General Motors of the US has chalked out its strategies for the Indian show that for LCV manufacturing it is investing $100 million for setting up sales and distribution wing, said the company’s President for India. The company, it is known, is in a JV with China’s SAIC on 50:50 basis, but the Indian marketing …

Car servicing from Carnation to go on premium segment

The ex-chief of Maruti Suzuki Jagdish Khattar’s car servicing enterprise is to take care of premium cars too. For this purpose, the company has got a nod from the Fiat Group’s Magneti Marelli to set up one such facility in Gurgaon. Magneti Marelli, a company identified for its 4.5 billion euro projects, is on the …

Hyundai moves for 16 per cent growth

Hyundai, India’s second largest car maker after Maruti, is aiming to scalp the growth rate of 16% during this period ending December 2010. The company’s 2009 show was the growth with 20.8% due to the economic fall in the previous year (2008) as the sale was 6 lakh units, said the company’s director for sales …

Toyota to run with second gear for its production move

The growing demand and the irritating waiting period for its cars do not provoke any hurry on Toyota. Earlier the company had planned to run the third shift for clearing the pending orders. Moreover, the new plant will be free from producing any current models and the existing plants have the limited strength to meet …