Automobile giant General Motors has decided to invest around Rs 10- 12 billion for establishing a power train (engine and gear box) manufacturing plant at its Talegaon Plant near Pune.
Global oil prices are affecting the growth level of various sectors. But The Indian domestic aviation sector will not be affected despite rise in global oil prices.
Hyundai Motor India on Friday announced an exchange and upgrade scheme for customers. The scheme is beneficial for small customers who want to upgrade to a bigger car.