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21 October, 2011 Indian Utility vehicle major Mahindra & Mahindra’s global sports utility vehicle XUV500, which was launched simultaneously in domestic and international markets, has received 200 bookings in South Africa.
The vehicle was first launched in India on September 29, followed by South Africa the next day. “The initial response has been very encouraging with the vehicle creating a great deal of excitement amongst dealers in South Africa.”
“The product already has a booking order of 200 vehicles from dealers,” Mahindra & Mahindra (M&M) Chief Executive International Operations (Automotive and Farm Equipment Sectors) Pravin Shah told PTI.
The company also participated in the Johannesburg International Motor show through its subsidiary Mahindra South Africa and showcased the XUV500, he added.
“Amidst a motor show filled with numerous international OEMs, the XUV500 got a lot of eye-balls and received an overwhelmingly good response,” Shah said.
The company had launched the SUV in India at an introductory price between Rs 10.8 lakh and Rs 11.95 lakh (ex-showroom, Delhi).
The vehicle is priced between ZAR 2,39,900 (about Rs 14.79 lakh) and ZAR 2,94,900 (about Rs 18.18 lakh) in South Africa.

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19 October, 2011 Bookings of cars manufactured by Hyundai Motor India Ltd (HMIL) have witnessed a modest rise following the strike at Maruti’s Manesar plant and reduction in production volumes at Gurgaon unit.
“Bookings of Hyundai’s cars have increased to some extent”, R Sethuraman, Sr VP (finance & corporate affairs) of HMIL told reporters, when asked whether the strike at Maruti had helped the company in getting higher bookings.
To a similar query, he said that Hyundai’s market share might rise due to the problem at Maruti.
Launching Hyundai Eon in Kolkota on Tuesday, he said that the company was targeting to sell 1.5 lakh units a year.
Sethuraman said that the production capacity at the Chennai plants would be increased from 6.3 lakh to 6.7 lakh per annum to meet the demand.
He said the company is expected to grow by 10 per cent this fiscal, although there had been a slowdown in industry-wide sales due to rising interest rates and high fuel prices.
With a present market share of 18.3 per cent, the company is targeting a market share of 20 per cent by the end of the financial year.
Country’s second largest car manufacturer after Maruti Suzuki, Hyundai was the biggest exporter of cars from India to 115 countries.

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Toyota today announced that bookings for the Fortuner will reopen on Jan 1 2011. The bookings were last reopened in July 2010 for a period of one month. The Fortuner launched in Aug 2009 has since sold more than 15000 units acquiring 57% market share in the mid SUV segment. To meet the high demand, the company had increased the production of the Fortuner to more than 950 units per month from the initial 500 units per month.

"The impressive sales recorded by the Fortuner speak of how well it has been received by our customers. Competitive price, powerful engine,exterior styling and a fulltime 4WD makes it a popular buy among SUV owners.The Fortuner has been widely accepted by the masses - individuals,families, corporates and businessmen. The current backlog of 3273 units will be cleared in about three months. We thank our customers for the unprecedented response received and for being patient through the waiting period .We look forward to serving them.

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Toyota today announced that bookings for the Fortuner will reopen on Jan 1 2011. The bookings were last reopened in July 2010 for a period of one month. The Fortuner launched in Aug 2009 has since sold more than 15000 units acquiring 57% market share in the mid SUV segment. To meet the high demand, the company had increased the production of the Fortuner to more than 950 units per month from the initial 500 units per month.

"The impressive sales recorded by the Fortuner speak of how well it has been received by our customers. Competitive price, powerful engine,exterior styling and a fulltime 4WD makes it a popular buy among SUV owners.The Fortuner has been widely accepted by the masses - individuals,families, corporates and businessmen. The current backlog of 3273 units will be cleared in about three months. We thank our customers for the unprecedented response received and for being patient through the waiting period .We look forward to serving them.

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16 December, 2010 Toyota has received around 12,000 pre-sale bookings for the recently launched entry level sedan Etios in the Indian market. Etios is Toyota&rsquos first attempt to foray into the mass-volume compact segment in the country.
“The number of orders is far bigger than I personally expected,” the car’s chief engineer, Yoshinori Noritake said. “We don&rsquot even have the car in our showrooms yet,” he said.
Toyota plans to double its sales in India next year to 145,000 units, with Etios contributing more than half for that. Production of the Etios begins on Dec. 20 at Toyota&rsquos factory near Bangalore. The Japanese car maker is importing engines and transmissions for the Etios, until local engine manufacturing starts in 2012.
The Toyota Etios sedan is priced Rs 496,000 for the standard model. Noritake, who said he has travelled to India 40-50 times since becoming the car&rsquos chief engineer in 2006, says that the company does not plan to launch the car in lower segment but plans to build brand loyalty with the Etios.
Toyota sold 55,000 vehicles in India last year, and acquired a market share of 2.4 percent. It plans to offer a hatchback version, Toyota Liva, of the Etios in April 2011.

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