Toyota to benefit from free trade agreement

The inking of Indo-Thai trade agreement seems to have motivated the world’s largest car maker Toyota to seek high from Indian market for the small cars – the company’s hub to be India. Already some auto parts got this privilege and Free Trade Agreement might invite other car makers too- on a particular duty free …

Mahindra to launch a truck, LTV and a SUV in two years

The Indian car manufacturer Mahindra &Mahindra is on the footsteps of launching 3 new ranges in another two years. With the JV from Renault, both the companies are keen on setting their foot strongly, depriving the sales dip of Logan. The company is drafting methodologies to get rid of this downfall and the construction of …

Harley-Davidson launches superbikes in India

The US based heavyweight motorcycles major Harley-Davidson today launched its motorcycles market in India. As a part of the plan, the US major introduced five models in the price range of 12 – 14 lakhs.The models are Fat Boy, Night Rod Special, one in the 883 cc category named Roadster and the other one is …

Hyundai India to setup R&D facility next month

Hyundai will set its research and development center in Hyderabad from September in an effort to feed the results for future models including Kias’. Some $40 million have been invested for this purpose with the manpower constituting 210 Indian engineer and 10 Korean engineers. With the enhanced activity of the center, there will be an …

Harley-Davidson to Expand into India

Harley-Davidson, Inc. announced today its plans to formally enter the motorcycle market in India, where it expects to start selling its iconic motorcycles in 2010. The company has established a subsidiary to be located in Gurgaon, near Delhi, and has begun the process of seeking dealers. Harley-Davidson Motor Company President and Chief Operating Officer, Matthew …

Toyota mulls introducing Daihatsu in India

Toyota will start firing on all cylinders with the launch of new small cars by end 2010 or early 2011.  To enhance its presence in the small car market, Toyota is again thinking on introducing Daihatsu brand in India.However the Daihatsu launch will very much depend on the outcome of the Toyota’s small car. The …

GM India eyes 10% market share by 2011

Amidst global economy downfall in the US, General Motors had planned to safeguard its Indian market by setting a target of 10% market share by 2010. But this move is in the clouds with the company is yet to initiate the efforts which may go vain or may be delayed by a year – 2011. …

GM to expand to used car dealer network

In a market full of new and small cars floating, General Motors has the guts to deal with the used cars. This means GM is no exception to the fashion of existing trends and the order of the day. The move makes GM to widen its dealer network from the current 17 to 50 mainly …

Honda, Hyundai and Toyota boosts production

Things get changed to the timely necessity and the automobile industry is no exception to this. Three major companies of elite reputation – Honda, Hyundai and Toyota are in reviving spirits in view of the festival season. It is quite wondering to know that these companies had earlier decided to put off their production stint …

GM targets 20% export of new mini car

The 21st century has begun well for many fields and cricket in particular got instant fame with the 20-20 stream. General Motors, the world’s popular car maker, has painted its sale picture with a target of 20% export of its small cars- numbering to be 50000 units in another one year. Prior to that the …