Automobile News in India for December 2008

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Hyundai registers cumulative 49% growth in Nov ‘08

New Delhi, December 2, 2008: Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter, registered an overall growth for the month of November, 2008 while as domestic sales dipped by 23.3% and exports saw a healthy jump of 188% over the current month last year. ... More...

Bajaj Implements New Product, Retail Finance Initiatives to Counter Slowdown

Pune, December 1, 2008: 2-wheeler sales were down sharply reflecting both an accelerated slowdown in demand as also the immediate correction in dealer inventories; the latter action shall continue into December 2008.     Bajaj intends to counter this trend by an intense new product initiative that will see the launch of ... More...

HSCI records 15% increase in sales in November 2008

New Delhi, December 1, 2008: Honda Siel Cars India (HSCI), leading manufacturer of premium cars in India, sold 5090 units and clocked a growth of 15% in the month of November’08 as against 4425 units sold during the corresponding month last year. The deliveries of Honda’s All New Third G... More...

Nissan Releases New Fairlady Z

Tokyo, December 1, 2008: Nissan Motor Co., Ltd. announced the release of the all-new, fully redesigned Fairlady Z sports car, which goes on sale today at Nissan dealers nationwide. In the nearly 40 years since the first-generation S30 model debuted in 1969, the Fairlady Z has earned a reputation as one of the most desirable sports cars in the world, ... More...