Toyota has decided that it would not try any more of its
luck in the small car segment. They have decided not to develop anything below
the Etios Liva (according to Livemint.com) and will concentrate their energies on their
bigger cars, some of which are doing great!
Riding the diesel demand wave, Honda has managed to catapult
itself to third place among the manufacturers in India. A report from the
Financial Express says that on the back of the sales of the Amaze and the City,
Honda has managed to sell 1.33 lakh units in the financial year 2013-2014 as
compared to 71,182 units in the financial year 2012-2013.
Mercedes-Benz India today added a new product to its AMG
high-performance range of models. The Mercedes-Benz GL63 AMG went on sale in
India today, and is priced at INR 1.66 crores (ex-Showroom, Mumbai).
The Honda Mobilio
became the second best selling car in Indonesia last month, overtaking its
rival, the Suzuki Ertiga. Since its launch in Indonesia in January this year,
P.T. Honda Prospect Motor have delivered 18,341 units of the MPV.
Riding on its new models such as compact sedan Xcent and
sports utility vehicle Santa Fe, Hyundai Motor India expects to post better
sales this year as the auto industry looks for a turnaround in
fortune. "The good news is that industry is expected to grow in
single digit in this calender year and the company would do better than the
industry," Hyundai Motor India Ltd (HMIL) Senior Vice President, Sales
& Marketing, Rakesh Srivastava told PTI.
In a statistic that provides the state's overburdened roads
with a breather, Goans have purchased fewer vehicles in the past year. The
economic survey has recorded a 30% dip in automobile sales and registration,
with just 50,689 vehicles purchased in 2013, the lowest in five years.
German machinery company Voith will deliver gear units
and components for 81 vehicles of the Delhi Metro Rail Corporation (DMRC) by
2018 as per a contract with Korean Vehicle manufacturer Hyundai Rotem.
Hyundai Motor India Ltd (HMIL), the country’s second largest
car manufacturer and the largest passenger car exporter today, unified its
used-car business under the brand name “H-PROMISE” globally.
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