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The latest model introduced by Fiat in this category is Fiat Grande Punto Natural Power which could be run on either petrol or methane as a fuel options. The methane using cars like this are increasingly sold in Europe each year.
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Tata Motors believe that they would require a loan of around euro 1 billion, if they really want to put forward the issues of the ongoing credit crisis of the country. Further Tata Motors is also asking the federal intervention to get help from their side to support supply chains, .....
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Tata Motors has launched their first sedan category car. The launching was something very different from one done in other car variants. It was a religious inauguration with vedic chants by priests following the ideal rituals and customs. The new model in sedan category has been brought about by the Fiat India Automobiles Ltd (FIAL) in colaboration with the Tata Motors - and the car model is to be launched at the Tata's plant at the Ranjangaon.
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On one side there is going a economic slowdown throughout the nation and on other side the major public sector banks of the nation are aiming at loan growths by 20-25 percent and that too only in this financial year. Its mainly happening because the rivals of these public sector banks that is private sector banks are getting very optional in lending the loans to the auto sector as they are expecting much more lower growth through-out.
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PSA Peugeot Citroën (previously Peugeot Société Anonyme),a French automobile and motorcycle manufacturer,is also planning to launch its new low-cost car in Indian car market by 2011.The cars will be manufactured in Turkey as well as Poland.The 5-seater car is expected to have more space for luggage and stowage then any other car in this segment.In india,small and low-cost car market is growing day-by-day.Small car sales in India amount to nearly two-third of the total car sales in the country.Every car manufacturer like like General Motors, Renault-Nissan, Ford, Toyota, Mitsubishi, Hyundai et al are with launching new low cost cars as well as mid-size sedans.
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