Category: News

Peugeot Citroen’s entry into Indian markets

French car maker, PSA Peugeot Citroen’s plans for an India re-entry is expected to be made soon. According to reports, Europe’s second largest car maker, PSA Peugeot Citroen, plans to invest Rs 3,000-3,500 crore to set up its green field operations in India. Citroen has already evaluated sites in Tamil Nadu, Maharashtra and now is in discussion with …

Ford India’s short span magic

Ford India has recently said that within a short span of just seven months, more than 50,000 consumers have chosen to own the substantial package offered by its small car Figo making it only the second car in India to cross the 50,000 sales mark this fast. With its entry into hatchback segment with Figo in March 2010, …

GM inaugurates Talegaon plant

General Motors recently inaugurate its flexible-engine facility at talegaon near pune. This is GM’s first powertrain plant in the world that enables both petrol and diesel engines to manufacture simultaneously. The facility represents investment of $230 million. It has an initial annual production capacity of 1,60,000 engines and is designed to accommodate future expansion. The new engine plant …

Mercedes-Benz unveils new R-Class in India

Mercedes-Benz India has recently launched the all new R-Class in India, Aiming to create new niche in the luxury segment. Combining sedan like performance, all-wheel-drive SUV is a luxurious package with first class seating for up to seven. India is one of the first markets to witness the introduction of the R-Class and will be available in the …