Renault to develop a rival of Tata Nano
Renault has announced that they are going to develop a new model to compete with Tata Nano.
Renault is going to work with Nissan and Bajaj Auto on this new project.
This new product has been codenamed ULC (Ultra Low Cost).
They are aiming to launch it in the market by [...]

Toyota India to invest heavily
Toyota Kirloskar Motor has announced that the parent company Toyota Motor Corporation is planning to invest heavily to expand their operations in the Indian market.
The company has decided on a capital investment of approximately Rs 3,200 crore. This is for their second plant which is coming up at Bidadi near Bangalore.
Toyota [...]

Honda India small car coming in December 2009
Japanese automaker Honda has said that they would be launching their much awaited small car in the Indian market next year in December.
The company has been working on a special model for India which is probably based on their Jazz.
Honda India said that their first phase of a [...]

Mitsubishi working on a low cost car for China and Thailand
Mitsubishi Motors has revealed that they are working on their own model of a low cost car.
This car is likely to be sold in markets like China and Thailand.
They could even bring it to some of their European markets.
A company source added that the car [...]

Toyota to decide on small car plan for India by this year end
Toyota Motor Corp has said that they would decide by the end of the current year if they want to enter the low cost small car market in India.
Company chief executive Katsuaki Watanabe was quoted as saying: ‘By the end of the year, [...]