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| Domestic car majors Maruti Suzuki and Hyundai Motors managed to better their overall sales last month, thanks to a major boost from the export markets of Europe, where a majority of customers have started preferring smaller and more fuel-efficient cars.Read Full News
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| Fiat India is betting on its new models -- compact car Grande Punto and sedan Linea -- to drive it into the break-even zone two years from now.The 50:50 JV between Fiat Group Automobiles and Tata Motors, which sold just 8,000 odds cars in 2008, expects the number to swell to 50,000 units this year. Company officials say that as much as 90% of the sales this year would come from Grande Punto and Linea.Read Full News
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| India's Tata Motors (NYSE:TTM) said today that a project to develop mini eco-cars in Thailand is underway, with the company planning to invest 5 billion baht ($147 million) to launch the cars by 2012. Read Full News
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| Toyota Kirloskar Motors, the Indian subsidiary of the Japanese giant, Toyota Motor Corporation, will make multiple use of the new compact platform its parent company is developing for the launch of a small car in India later next year.Read Full News
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| Hyundai Motor India (HMIL), the country`s second largest car manufacturer and the largest passenger car exporter saw a healthy growth of 27.8% in its exports for the month of May, 2009. Read Full News
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| Hyundai Motor India has launched the new Accent LPG variant called Eco. India's second largest car manufacturer, Hyundai Motors launched the eco-friendly non-polluting vehicle with factory fitted LPG kit.Read Full News
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| South Korean auto major Hyundai Motor Company is looking at increasing sourcing components from India for its global operations. Currently Hyundai sources only a negligible percentage of components from India for its global needs but wants to increase the level. Read Full News
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| Hyundai Motors India Ltd, the country’s second-largest car maker, signalled an early revival of demand by resuming the third shift at one of its two factories near Chennai from July 10, in anticipation of better sales in the remaining months of calendar 2009.Read Full News
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| After the A-Star, Maruti is hoping to stir up the compact car market with its new Ritz. Priced between Rs 4 to 5 lakh for petrol and diesel variants, does the Ritz have enough to take on the Hyundai i20? CNBC-TV18’s Pranshu Sikka reports. Read Full News
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| South Korean auto major Hyundai Motor Company is looking at increasing sourcing components from India for its global operations. Currently Hyundai sources only a negligible percentage of components from India for its global needs but wants to increase the level. Read Full News
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| Car makers are shifting their strategy to reduce costs and beat the currency blues. Japanese car makers such as Maruti, Toyota and Honda are working to help their suppliers increase the localisation content in components to mitigate the increasing cost of imports. Read Full News
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| The joint venture between Toyota Motor Corporation and Kirloskar Group – Toyota Kirloskar Motor Private Limited, which sells Toyota brand of cars in India, has disclosed the price of its compact small car that Toyota is planning to roll out next year.Read Full News
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| Hyundai Motor India has decided to have one more production base for its i20 cars. The new manufacturing base will be outside India. In the light of the changing environment, the company management sees a lot of economic sense in serving the i20 needs of Europe from a production location closer to the market.Read Full News
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| With the novel idea of ‘Always There, Because We Care’ , Hyundai Motor India Ltd, the country’s largest passenger car exporter and the second largest car manufacturer, is back again with its nationwide service initiative - ‘ Always Around’ campaign in a mega avatar for the third consecutive year. Read Full News
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| Automobile Research Association of India has given its confirmation that Tata Nano is now the country’s most fuel efficient car. Maruti A-Star is now on the second spot. Maruti Alto and Hyundai i10 are at the third spot. Read Full News
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