China’s auto gant SAIC Motor and its U.S. partner General Motors have recently set up a Hong Kong-based joint venture to focus on India and other Asian markets. The 50:50 new venture, General Motors SAIC Investment Ltd (GMSIL), may launch an entry-level low-cost car for the Indian market, said India’s leading auto news source [...]
Volk swagen The Volkswagen-Suzuki alliance plans to develop a brand new small car for the Indian market in the Rs 2-2.5 lakh range, which could replace the Alto when the Indian arm of Suzuki decides to retire its top-selling model. “We will need a car in the Rs 2.5-lakh apiece range. First we had the [...]
Maruti Suzuki to unveil its Lowcost concept car at 2010 Auto Expo It was A-star concept at the 2008 Auto Expo. In 2010 it is expected to be a codenamed concept car which will be Maruti Suzuki’s second concept car to be unveiled at the auto show. “We are working on a new small car [...]
