Auto India

A day after declaring a low-price $2500 car in joint venture with Bajaj, Nissan has now planned to go solo and debut an ntry level car in Indian market by 2010.

Nissan will compete in the entry-car with a dedicated platform that will be used for at least three models built in five leading competitive countries (LCCs), the first of which will be produced in Thailand and India in early 2010.

- Mr. Carlos Ghosn (President and CEO of Nissan) said.
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Honda Siel Cars India has launched their 8th generation – Honda Accord model in the market. The Accord is equipped with new luxury and safety features.

Manufacturer of luxury and high-performance automobiles, Mercedes-Benz India Private Ltd is sure that sales will hit an all-time record in India this year.
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Hyundai Motors is planning to debut the diesel edition of i10 in end of 2008. They decide to plan launch of the diesel edition earlier that would follow the i20 launch.

The Bajaj auto and the Renault Nissan alliance declared its plans to create the Renault Bajaj ULC (codename) – a $2500 car. The new industry that will produce the ULC will be owned 50 percent by Bajaj, 25 percent by Renault and 25 percent by Nissan.
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Nissan Motor Co Ltd has assigned Hover Auto India as their service partner for marketing, sales and dealer development in India.

Under the contract, Hover India will undertake the Nissan’s marketing and sales plan and support dealer development and set up 55-dealers by the year 2012.

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Fiat India plans to introduce the CNG Edition of Palio in India. The Palio is available in diesel and petrol versions.

Yamaha Motor Pvt Ltd declared on Tuesday that they have launched a latest 106cc motorbike, Alba. Alba will be priced at Rs 37,500 at ex-showroom in market.

A lot of emphasis has been laid on shaping Alba for maximum comfort of the rider and its premium features will give consumers a new thrill in biking pleasure.

- Mr. Takahiro Maeda (Executive Vice President of Yamaha) said.
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Nissan the Japanese automaker is planning to launch its new model Murano in the India.
Murano is its premium SUV and this would complement its present X-Trail Sport Utility Vehicle and Teana.

Ford unveiled their latest Fiesta Compact in Geneva Show this year. It might be launched in Indian market soon. The ED of Ford India Mr. Boneham said that this may be possible and they are studying this.

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