Auto India

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If taking a look at increasing fuel prices, decrease in air quality and the budgetary things, the all are indicating the auto majors in India to come up with ‘green’ vehicles.

Mahindra & Mahindra (M & M), Tata Motors, Ashok Leyland, two-wheeler makers TVS Motors and Bajaj Auto and Toyota and Honda are the green prototype holders.
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Tata Motors plans to sell their ultra-cheap and recently launched Tata Nano car in the European market in 4 years period, the source said.

Volvo, Swedish carmaker said it will start assembly operations in the country soon. They are looking for collaboration with Ford motors for starting it. Because currently, in Chennai, Ford’s manufacturing unit did not provide any assembly productions.

Volvo already started assembly operations in China where they working in sharing with Ford and Mazda.
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The world’s largest two- wheeler brand Hero Honda promoter,

Munjal family is negotiating with the French car major PSA Peugeot Citroen for joint venture to manufacture the passenger cars in India.

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The companies that offer 3rd party insurance cover claim that they are facing a big loss. During the General Insurance Council meeting, private sector members were unhappy due to the state of 3rd party motor insurance pool.
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Maruti Suzuki on Tuesday said it has no plans to develop a car below its Maruti 800 but want to develop some world strategic models like A-Star and Splash for Indian customers.

Maruti also said it was delighted that number of industries were tried to develop and offer budget car in the segment below Maruti 800cc.
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After a big break, Fiat India Pt. Ltd. is planning to make a comeback in Indian market with its new generation products Fiat 500 and Bravo.

The battle of small car is heating up more and more. After Tata announced its small car “Nano”, Bajaj has announced its small car as well. Then Hyundai show interesting launching small car as well. Not its the turn of Maruti Suzuki to launch the small car.
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After Tata’s Nano car in the market, cheap and compact car competitions are growing by the day in the market.

Hyundai is working on the new project which relate to the more compact and budgetary car compare to the Santro car. This project will take three years to roll out.
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Hyundai Motors India Ltd. has launched a net plant to increase the production of its newly launched i10 compact car to 6,00,000 units per year.