Toyota Fortuner is a mega success in India
Toyota recently launched their sports utility vehicle model Fortuner in the Indian market.
This model is a mega hit in India as the company received more than 7,000 bookings in the 30 day period since launch.
Toyota Fortuner competes in a market which has very competitive rivals [...]
Budget effect: High end cars to become slightly cheaper
In the just announced Union Budget, Indian Finance Minister Pranab Mukherjee proposed to reduce the additional excise duty on big cars with engine capacities of 2,000 cc and above by Rs 5,000 per unit.
This means that high end cars could now become slightly cheaper in the Indian [...]
Mitsubishi raises prices of cars in India
Mitsubishi India has increased the prices of their cars on sale in the Indian market.
The prices are up by around 4-5%.
The company said that the prices were hiked as the imported kits for cars are becoming more expensive. Yen is becoming stronger and they can no [...]
