Tuesday, January 5, 2010
Monday, January 4, 2010
Maruti to create new segment with 7-seat family car
Maruti Suzuki will create a new segment with the launch of its new family car and hopes to maintain sales growth in calendar 2010, managing director and chief executive officer Shinzo Nakanishi said on Tuesday.The company showcased its new seven-seater family car at the auto show in Delhi earlier in the day.
Nakanishi said despite the pressure of raw material costs, inflation and the rise of the yen against the rupee, the company hopes to maintain its growth in calendar 2010.
Toyota unveils the Etios
Toyota has finally unveiled their highly anticipated compact car, the Etios. Targeted at both the sedan and hatchback market, the Etios is the finished product of the work of 2000 engineers over a period of 4 years. While production plans are on schedule, Toyota is ready to set a new plant and supplier base along with having 150 dealers for the car by the year end. The styling concept for the Etios is bold simplicity while it aims to provide high quality, comfort and more importantly a good mileage while still being affordable. The high-rigidity light weight suspension is based around a new platform and so is the engine while the car is set to grace 10 cities in India including Mumbai, Cochin, Lucknow, Chandigarh and Ahmedabad.
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