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basis for sale mainly in North America. With this aggressive pricing,
the firm is confident of selling about 20,000 units of Aveo by the year
end.
"In South Africa, where the weather is almost the same as India,
convertibles are quite popular," he said. After all the speculation
about Toyota's small car, it seems that Honda might beat Toyota by
bringing in a compact car first.
So we looking into production capacity and availability of production
and then come to India. 14 million cars in the financial year ending in
March 2006, and analysts forecast the market to reach 2 million units by
2010 as a boom in Asia's third-largest economy spurs consumer spending.
Then, US car maker Ford posted the highest ever sales in India since
inception, at 5,929 units during March. A strong engine, urbane good
looks and sophisticated interior design made it a darling of urban car
enthusiasts.
To start production of the Civic at its manufacturing facility in
Greater Noida in Uttar Pradesh, the company has advanced its expansion
plans. "We expect it to be in the market in the next two-and-a-half
years," Bajaj said.
Maruti Udyog MD Jagdish Khattar said the firm will target to export
100,000 units of this model annually.
8 litre A4 model is priced between Rs 27-29 lakh in Bangalore.
Scott-Geddess becomes the design director of the new company while
Halstead will be the engineering director.
Auto headlamps equipped with sensors ensure themulti-reflector headlamps
come on with changes in the ambient light.
With this aggressive pricing, the firm is confident of selling about
20,000 units of Aveo by the year end.
" the top executive said.
Honda has set a target of selling about 1,000 Civics in a month. The All
New Scorpio was designed on evolving customer needs.
In November, the Mahindra Bolero became the No.
Launching the Chevrolet Aveo sedan last week, Vice President of GM
India, Ankush Arora said the company had already stopped production of
Opel Corsa. We are anticipating good demand for the coupe version as
well," he said.
Automakers are finally realizing that they cannot stretch old models for
too long. The only difference will be in markets which have not yet
adopted the VAT, he said.
The company has already announced a significant capacity expansion and
is now driving the new Civic into the Indian market. The car would also
feature a 1.