Mahindra & Mahindra (M&M), India\’s leading manufacturer of utility vehicles on Thursday launched its new global sport utility vehicle XUV 500 at a starting price of Rs 10.80 lakhs (ex-showroom Delhi). Mahindra will position the XUV 500 between the Scorpio and the premium SUV range which comprises of the Toyota Fortuner, Chevrolet Captiva, Mitubishi Outlander, [...]

Toyota Motor Corporation (TMC) announces that Toyota Kirloskar Auto Parts Pvt, Ltd. (TKAP), TMC\’s joint-venture auto-parts manufacturing company in India, will produce engines and transmissions for a compact passenger car newly developed for the Indian market. Production of the vehicle, the \”Etios\”, is scheduled to begin in late 2010. TKAP plans to produce approximately 100,000 [...]