Maruti Suzuki win award Maruti Suzuki India Limited were recently honoured with the 'Significant Achievement in Sustainability Award' at the Cll ITC Sustainability Awards held last month. The Sustainability Awards, instituted by the Cll-ITC Centre of Excellence for Sustainable Development, recognise companies for their achievement in social, economic and environmental improvement.
India third largest Asian market: Rolls-Royce
Rolls-Royce recently announced that India had become the third largest market for their super luxury cars in the Asia-Pacific region, just behind China and Japan. Rolls-Royce currently have two dealerships in India, one in Delhi and the other in Mumbai.
BMW are segment leader The luxury car segment has been abuzz as never before and emerging above the rivalry amid major contenders for the January-November 2010 period are German car giant, BMW. Last year BMW lost the crown to Mercedes-Benz, but this year's fierce 79.3 per cent growth ensured the number one position for them. As SIAM figures read, BMW sold 5,345 units against Mercedes' 5,109 units last year.
BMW roll out 10,000th car Recently BMW rolled out the 10,000th car from their plant in Chennai. It took the German car-maker 45 months to achieve this figure and the company hopes to continue with this success in the coming years. In 2011 BMW will also start the assembly of the X1 in India alongside the 3 Series and 5 Series.
NISSAN RECENTLY SHOWCASED THE Sunny, the company's all-new sedar, in China at the China International Automob le Exhibition (Guangzhou). The new sedan is based on the same platform as the Micra and will be manufactured in India at the company's Chennai plant. This will be Ihe only second car that Nissan will manufacture in India. Though the car is going on sale from January 201 1 in China, the Indian consumers won't be able to buy it before the third quarter of 2011.
The car has been named Sunny for the China market and th= company said that it would carry a different name in the Indian market. The exact specifications of the midsized sedan are not yet known. However, the only information that we have is that a 1.5-litre engine in petrol as well as a diesel variant will power it. This new Nissan will come in the price bracket of Rs 8-10 lakh, pitting it against the likes of the Ventc, City and Linea.
M&M to launch Ssangyong's Kornado and Rexton
New SUVs to go on sale in India after M&M take over Koreancompany
MAHINDRA & MAHINDRA, AFTER THE tie-up with Ssangyong a fevv months ago, have finally declared the models that they will bring into India to start with. The two SUVs the company plans to o^fer initially are the Kornado and Rexton. These SUVs will be in the same segment as the Chevrolet Captiva, Ford Endeavour and Toyota Fortuner et al.
We expect these SUVs to make their entry intc the Indian market by mid-2011 considering that the takeover of Ssangyong by M&M is going to take at least two more months. Wh le these are completely developed by Ssangyong, M&M's plans of developing a new SUV in collaboration with the Korean manufacturer are still on.
Mid-sized sedan to be manufactured in India and sold from third quarterof 2011
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