Car Makers’ Bullish Stance

The Auto Expo will witness the launch of some 50 vehicles, along with the display of world-class vehicles and designs. India-specific products will also be unveiled. Component manufacturers will announce major innovations, also in the area of green technology.

“The auto industry is becoming the pride of the Indian industry, in fact it is becoming a major player internationally,” observed Rajive Kaul, Chairman, Steering Committee, Auto Expo 2012. International attention on the Indian automotive industry is at its peak today.


Fact is, the world is looking at India to drive future growth in the auto sector. Almost every foreign vehicle manufacturer has a presence in India and those who do not have, are expected to enter shortly. Today global players exist side-by-side with their Indian counterparts. So, global component manufacturers like Visten, Delphi, magna, Continental exist along with the Indian manufacturers.
 

December 2011's Auto Industry News

What is the auto industry news in December 2011? Do you want to find the answer? Then come here,and you will know.

• Fiat will miss its target of 2.7 million sales next year, by half a million units. Combined Fiat-Chrysler sales remain on course to swell by 400,000 to 4.6 million cars, and CEO Sergio Marchionne is confident of shifting 5.9 million cars in 2014 (Automotive News Europe)

 • Silverstone has been given outline planning consent for its 'Masterplan'. The Northamptonshire-based circuit wants to develop business and technology parks, a museum of car parts and new retail, leisure and spectator facilities, creating up to 8,400 jobs (Silverstone Circuits)

 • UK trade body the SMMT reports that car production rose 8.5% in November 2011. This reflects the year-long rise in output at British car factories, swelling by 6.1% year to date (SMMT)

 • Lola and Drayson Racing Technologies will unveil their new electric race car at the 2012 MIA International Low Carbon Conference (Lola-Drayson)

 • The spectre of double-dip recession dented European new car registrations last month. Sales for the 11 months to December, declined by 1.1% to 12 million registrations, with France and Italy leading the decline (Automotive News Europe)