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lunedì, giugno 11, 2007

The company specializes in manufacturing compact sized cars and has a good reputation in the domestic market with excellent service and support backup

"The merger of MSAIL and MUL will create value for all stakeholders. The customers can use this voucher as an initial deposit to book an Innova," a city-based Toyota dealer said. automaker, became the fastest-growing carmaker in India in January as its Fiesta sedan boosted sales, beating General Motors Corp.
The super luxury car maker is planning to launch two new models in India this financial year - a convertible and an extended wheelbase version of the Rolls Royce Phantom. It is interesting considering Accent is still very popular amongst the people considering purchasing a sedan especially the CrDI model.
In a press release, Ford India Managing Director and President Arvind Mathew said, "we have consistently stepped up our efforts to increase efficiencies to absorb minor increases in input costs. They would continue to sell Accent for a couple of months as they have enough stock to fulfill the current demand in the market. We have a range of sports and luxury cars and SUVs which are yet to come on Indian roads. Parts are expensive, service support is not friendly. Interestingly, Tata Motors on their part are working on developing an automobile around this price tag.
Fiesta's retail sales will begin by mid-December and the car will be available in three petrol variants and one diesel version. DaimlerChrysler is thinking of launching new models in India.
Production had begun at the expanded plant at Noida and deliveryof the new range, including the VTEC version, would start soon.
We will be exporting two lakh cars five years from now," HMIL President BVR Subbu told reporters during the Bombay Management Association Marketing and Media Convention here.
While Maruti increased prices of all products across the board, Ford hiked the price of the newly launched Ford Fiesta only.
Maruti will seek to encash Swift's popularity by launching a sedan version.
"This is the first time we are developing a diesel engine," he said, adding that the entire research and development was being done in-house.
It will also merge the company with itself to synergize operations and management.
"Fiat has plans to introduce new models in India in the coming time, as the company works on a revival strategy in the market," adding that it will make investments for this.
However, according to sources, Toyota officials were not convinced that the Boon could be the right model in terms of its size and price.
Indian film hero Abhishek Bachchan has been tapped by Ford as its brand ambassador for the Fiesta, introduced in India in October to compete with Honda's City. The company has also not revealed that if the hike in prices indeed occurs, how much it would be. A bold front grille provides strong street presence and sleek character lines accentuated
The borrowings would be transferred to the books of Maruti and Khattar admitted that there would be some change in the company's debt-to-equity ratio. Fiesta, sold with engines that can run on either gasoline or diesel, is Ford's fifth car model introduced in India in the last six years.
He also remained non commital on the launch of the much awaited Fabia car in India.
However, the car is slated to hit the market in March and its price would be determined by the tax structure to be announced in the forthcoming Union Budget.
Ford Fiesta will take on a host of sedan offerings in the market with key competition coming from Honda City, whose VTEC variant was launched recently.
However, prices of other Hyundai models will remain unaffected, Subbu added. It's aimed at retaining customers within Toyota family.
Maruti will seek to encash Swift's popularity by launching a sedan version.
Among the most eagerly awaited displays will be the Honda Civic, due for debut later this year. "This is the first time we are developing a diesel engine," he said, adding that the entire research and development was being done in-house.
"A coupe version will be launched by the next financial year," said Ian Robertson, chairman and chief executive of Rolls-Royce Motor Cars. Its main markets remain Europe, US and China, which has emerged strongly in recent years.


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