All leading car makers, from Maruti Suzuki to Hyundai Motor, Mahindra & Mahindra and Tata Motors, have declared their intent to showcase a range of sustainable mobility solutions.
We will first enter the compact SUV (segment), which is a growing segment. We are aiming to position Kia as a trendy and innovative company, said Han Woo Park.
Honda Cars India premiered its all-new Amaze at Auto Expo 2018 to reinforce its position in the entry sedan segment to build volumes.
Electric vehicles are the defining theme of the auto expo this year, said Kenichi Ayukawa, MD at the country’s largest carmaker Maruti Suzuki India.
Of the $3 billion, almost $2.3 billion will be pumped in by listed unit Maruti Suzuki and the rest by manufacturing arm Suzuki Motor Gujarat.
Tata Motors, which has reporting healthy growth numbers with the lunch of new models, wants to become an option for every prospective car buyer in India.
The company is likely to launch an electric version of the Kwid small car in the next couple of years, people in the know of the plans said.
Japan’s largest carmaker Toyota Motor Corporation also plans to electrify 80% of its portfolio by 2022, the person said
Uniti is the fourth international automotive brand that has announced plans to enter India by the turn of the decade.
Sales of medium and heavy commercial vehicles set to surpass 2011-12 peak of 245,000 units.
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