The end of 2009 will see launch of a third small car by General Motors, the fifth largest car manufacturer in the country. The auto major has been enjoying the success of its two car brands, Spark and U-VA in India market.
It was reported by Karl Slym, President & MD, General Motors, India at the launch of the company's bestselling SUV Chevrolet Captiva Automatic, "The new Chevrolet Mini will not be a competition to Tata Motors Nano. We are not in the numbers game. It will be positioned above the Chevrolet U-VA."
New Delhi, Jan 24 : Indian unit of General Motors Corporation (GM Corp), which has two assembly plants in the country, launched a four-wheel drive, automatic transmission Chevrolet Captiva in New Delhi.
According to Karl Slym, the President and Managing Director of GM Corp, the new version brings superlative comfort and ease of driving, combined with unbeatable value; safety, security and luxury to the customers.
With the aim to increase the range of bikes for its customers, all new sports commuter motorcycle, the Bajaj XCD 135 DTS-Si has been unveiled by Bajaj Auto.
It has been learnt that bike, which otherwise would be meant for regular use, is sporty and offers decent performance and styling. There would be many first-in-class features in this bike, which has been created keeping in mind the customers in the value segment, like a 135cc DTS-Si engine, a 5 speed gear box, auto choke, gas filled Nitrox absorbers, digital speedometer and LED tail lamps. Electric-start and disk-brake are other of its prominent features.
Seoul - Hyundai Motor Co's profits for the fourth quarter of 2008 dropped 28 per cent year-on-year as the South Korean automaker struggled with rising warranty and marketing costs.
Net income for the months from October to December dropped to 243.6 billion won (176.8 million dollars), the company said Thursday.
Sales of South Korea's leading carmaker rose by 1.1 per cent to 8.8 trillion won while operating profit was down 8.9 per cent to 581 billion won, compared with 637.8 billion won in the same quarter last year.
After Maruti, Tata Motors formerly known as TELCO (TATA Engineering and Locomotive Company), has started its pre-owned car business in major cities and plans to take it across the country in a phased manner.
A company official stated that the certified pre-owned programme has been started on a pilot basis with 15 dealers in 10 cities and the programme caters to customers willing to exchange their existing cars for new Tata cars.
The cities list includes Mumbai, Delhi, Bangalore, Hyderabad, Chennai, Pune, Ahmedabad, Chandigarh, Ludhiana and Vapi.