After news of Toyota Rs 10 lakh SUV emerged, Sonalika too has announced similar plans. With Mahindra putting a stop to further bookings of their Mahindra XUV500 following over 10,000 bookings, it is ICML Sonalika that has stepped in with their plans of launching a rival to XUV 500 which will take on where Mahindras have left off. The new SUV will be revealed at the 2012 New Delhi Auto Expo which will... 

World's fastest growing auto industry after China, Indian auto industry is becoming quite a crowd puller. After seeing foreign brands entering in the Indian auto industry, conventional tractor manufacturer in India, ICML Sonalika is too going to try its luck selling cars. ICML Sonalika unveiled their Rhino MUV last year in India. Earlier this week, International Cars & Motors Limited (ICML) announced... 

Sonalika group owned ICML have been constantly experiencing a decline in sales of their MUV's. On the other hand, M&M have been trying to buy a stake in Sonalika group since 2009 end. M&M believes by upgrading ICML cars, and opting for aggressive promotion and distribution, they can improve on sales. The manufacturing unit of Sonalika group can manufacture 2000 units a month but they were only...