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Company News - Auto

Tata Motors launches Sumo Grande, new Indigo(The Hindu Business Line 10th Jan 2008)In addition to the much-talked about one-lakh car, Tata Motors has drawn up an aggressive new vehicle launch calendar for the current year.
Even as it primes itself for the roll-out of its ultra low cost super mini, the company will be launching a range of new vehicles, including a compact version of its Indigo sedan later this month, an upgraded version of its sports utility vehicle Sumo next month and the next generation of the Indica hatchback in the second half of this year. More
Maruti unveils three concept cars(The Hindu Business Line 10th Jan 2008) Maruti Suzuki India Ltd (MSIL) unveiled three concept cars, the A-Star, the Splash and the D-segment Kizashi at the 9th Auto Expo Delhi 2008 on Wednesday, announcing its intent to be present in every segment of the global car market.
However, it was the designer A-Star that got the top billing pretty much on account of its bold styling. More
Bajaj may buy firm to make bigger cars (Business Stndard 10th Jan 2008)
Plans electric car launch for Europe with Austrian mobike maker.
Bajaj Auto is looking at acquiring a car company to break into the higher segments of the market as part of its long-term passenger car strategy.
The company is also developing an electric car jointly with Austria's KTM Sportsmotorcycle AG, in which it recently bought 22 per cent.
The company, which unveiled its small car yesterday, has also decided that it will not make cars in the B (Zen, Alto) and C (City, Verna) segments of the market. More
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