Unveiled in China at the 2014 Chengdu Motor Show and expected to be launched by the end of 2014, XR-V is nothing but a Chinese version of Honda Vezel, or HR-V as it is known in Europe and the US.
Mahindra & Mahindra‚Äôs earlier attempt in 2012 to launch their UVs and Pick-Up trucks in the US market failed to take off. The attempt ended badly with five dealers from New Hampshire, Florida, California, New Jersey, and Washington filing lawsuits against &M and Mahindra USA. Two years later, the company has once again set in motion an entry into the country and what is considered a highly competitive market.
Tata Motors, the country‚Äôs largest automobile manufactures by revenue has scrapped its plans to set up an automobile assembly plant in Nepal. To be set up in conjuncture with Sipradi Trading, authorized distributors for Tata Motors in Nepal, the Indian major cited deficient land, water and power supply besides lack of government support as reasons for this decision.
KTM RC390 and KTM RC200 get set for launch in Pune, India on September 9, 2014. Bookings of the RC390 have now opened at KTM dealerships across the country. Expecting huge response, customers who book their KTM RC390 can only expect delivery after 1-3 months.
The recently launched Honda Mobilio resulted in the production of Honda¬†City sedan moving out of Greater Noida to the company plant in Rajasthan. This shift of the City has affected production and has in turn caused changes in supplies to the market resulting in longer waiting periods.
Maruti Suzuki had first showcased a concept sub 4 meter SUV at the 2012 Delhi Auto Expo in the form of XA Alpha. First expected to be launched in 2014, it is now revealed that Maruti will launch this compact SUV in 2016.
Mahindra & Mahindra plant in Chakan, Maharashtra enters a new phase of expansion for which the company has planned investments to the tune of INR 4,000 crores over a period of 7 years. The M&M plant in Chakan was inaugurated in March 2010 with an investment of INR 4,000 crores and with installed capacity of 3 lakh units.
Ranveer Singh, the young and popular Bollywood star was seen posing with a Maruti Suzuki Ciaz sedan which is soon to be launched in India. The young actor was endorsing the new sedan at a location in Madhavpur, Gujarat. This location is known as the place where Lord Krishna married Rukmini and for the OSHO meditation centre.