Auto makers to showcase SUV and green car segments at Auto Expo

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(added few years ago!)

Auto makers are planning to showcase fuel efficient vehicles and also some SUVs. Around 50 new models will be unveiled at the Auto Expo.

R.C. Bhargava, chairman of Maruti Suzuki, India's biggest carmaker said "The overwhelming feeling is that this current sales slowdown is a temporary phenomenon and global carmakers are certainly betting on India to bounce back. There's no slackening of interest here. Everybody is working on hybrid, fuel-efficient and green technology vehicles. There's an exciting race to find a small, cheap hybrid car for India, which will certainly be a winner."

Jaguar Land Rover, owned by India's Tata Motors, will skip the overlapping North American International Auto Show in Detroit to focus on the India event, while Ford Motor Co said it will make a world-first announcement in New Delhi.  Car sales in India grew 30 percent in the fiscal year to end-March 2011. After the increase in interest rates by India's central bank and rising input costs the demand of cars have fallen tremendously.

Led by the launch of Mahindra's first-ever electric cars following its 2010 acquisition of Reva and the first glimpse of a hybrid model of Maruti's popular Swift hatchback, the expo will see fuel-efficient and green technology launches. Carmakers are also set to unveil India's popular SUV segment, with Maruti  offering a widely-anticipated four-wheel and a debut from motorcycle experts Bajaj Auto along with a multi-utility model launch from South Korea's Hyundai Motor Co. Luxury carmakers shows increase of 40 percent annual sales growth in India and will use the expo to increase their product lines, with Daimler AG's, Mercedes Benz and Volkswagen AG's, Audi rolling out new SUV and sports car models. BMW AG, market leader in the luxury segment, will unveil its Mini brands in India for the first time.

 

 

 

 

 

Tags : Auto makers, SUV, green car, Auto Expo

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(added few years ago!) / 1486 views
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