As the market of India is growing day-by-day along with the customer needs many of the companies are showing interest to market their automotive. Apart from the home companies different international based companies are also making plans to extend their market in India.
Because of the fastest growing market in India, many of the global automakers are planning to boost their market by launching new models along with increasing their investment.
When we talk about the french car maker, Renault, it is planning to launch five cars during the period of mid-2011 to mid-2013 which includes a small car among them. When coming to the manufacturing of small cars Renault is in affiliation with Nissan and are manufactured at Chennai of India. And, the price of the car is competitive.
Toyota Etios which are specially designed for the Indians are going to be launched by the end of 2010 and the company is expecting to sell around 63,000 to 64,000 Etios compact cars in 2011. The sales of the Etios has rapidly expanded and is about 70% of the total car market. The contribution of the Etios is high in the sales because of the compactness.
Along with the India's top car maker, Maruti Suzuki, which had not lost its influence, the other major companies which are contributing their small cars are Honda, VolksWagen, Ford, Toyota, General Motors.
During the present year, the compact car sales of both General Motors Chevrolet beat and Ford's Figo are already on hike. Nissan in alliance with Renault company has started its sales of compact car, Micra from June. Even along with the two wheeler Company Bajaj, Renault-Nissan are manufacturing the low cost car.
Most of the companies are expanding their investments in order to increase the capacity. Ford company comes under this category and is making plans to introduce eight new vehicles during the middle of decade along with the sale of Compact Figo.
Apart from the Ford, Honda Indian Unit is also planning to launch a compact car in the second half of 2011.
Because of the fastest growing market in India, many of the global automakers are planning to boost their market by launching new models along with increasing their investment.
When we talk about the french car maker, Renault, it is planning to launch five cars during the period of mid-2011 to mid-2013 which includes a small car among them. When coming to the manufacturing of small cars Renault is in affiliation with Nissan and are manufactured at Chennai of India. And, the price of the car is competitive.
Toyota Etios which are specially designed for the Indians are going to be launched by the end of 2010 and the company is expecting to sell around 63,000 to 64,000 Etios compact cars in 2011. The sales of the Etios has rapidly expanded and is about 70% of the total car market. The contribution of the Etios is high in the sales because of the compactness.
Along with the India's top car maker, Maruti Suzuki, which had not lost its influence, the other major companies which are contributing their small cars are Honda, VolksWagen, Ford, Toyota, General Motors.
During the present year, the compact car sales of both General Motors Chevrolet beat and Ford's Figo are already on hike. Nissan in alliance with Renault company has started its sales of compact car, Micra from June. Even along with the two wheeler Company Bajaj, Renault-Nissan are manufacturing the low cost car.
Most of the companies are expanding their investments in order to increase the capacity. Ford company comes under this category and is making plans to introduce eight new vehicles during the middle of decade along with the sale of Compact Figo.
Apart from the Ford, Honda Indian Unit is also planning to launch a compact car in the second half of 2011.
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