Hyundai to export small cars to the Philippines

Hyundai has expressed its plans to export its small cars to Philippines in 2009 in a bid to expand its export market. Hyundai managing director Heung Soo Lheem told visiting ASEAN journalists here his company will export 2,000 units this year to the Philippines.

Tata Nano likely to embark India through Simar port

Tata Motors is in the process of analyzing a port at Simar to export its global car –Nano – to overseas markets. Gujarat is all set to become an important auto export hub in the country, with Mundra Port already setting up a dedicated car terminal for Maruti Suzuki.

Almost one million Maruti Suzuki Altos sold in India

One million, and counting India’s well known car maker Maruti Suzuki is moving very close to 1 MILLION sales mark of its best seller – The Maruti Suzuki Alto. Shortly after its launch 8 years ago, the Maruti Suzuki Alto kicked off its own sister car, the Maruti Suzuki 800 which was MSIL’s best seller until that point in time. The Alto’s sales has grown up rapidly over the past 24-30 months. MSIL sold  [ Read More ]

Fiat’s Ranjangaon plant to Start exporting Engines

Fiat’s Ranjangaon (Pune) plant with the capacity to produce 3.33 lakh engines a year, can produce a much larger volume of engines than the company and its joint venture partner Tata Motors would need in the near future. The company has decided to utilise the excess capacity to produce engines for export. “We have the excess capacity. We will produce engines and export it to the parent company, Fiat group,”  [ Read More ]