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09 December, 2011 Nissan Ashok Leyland Technologies Ltd, a JV between Ashok Leyland and Nissan Motors that launched LCVs for cargo transportation this September, has said it will make a foray into the passenger transport vehicle segment in the next couple of years.
In its second phase of expansion, the company will launch passenger segment vehicles and goods light commercial vehicles powered by diesel and CNG fuel, Hinduja Automotive Ltd Executive Vice Chairman and Nissan Ashok Leyland Technologies Chairman V Sumantran said.
The LCV for goods transportation will be of 12.5 GVW (Gross Vehicle Weight), with a pay load capacity of 5-6.5 tonnes. In the passenger segment, the seating capacity would be for eight to 24 passengers. Commencing 2012-13, one new variant would be launched every year for the next 4-5 years, he said.
“We launched the vehicle in September, 2011. The reaction and response from the market has been very positive. The booking had surpassed 3,000 units,&lrquo; he said at the inauguration of the company’s 21st dealer outlet in Thiruchirapalli.

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Wednesday, November 09, 2011, AutomotiveWorld.com

Nissan is expanding its NV commercial van series with a passenger variant, the NV3500 HD Passenger ...

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06 January, 2011 In the next three years, India will become the world’s fourth largest passenger vehicle market but will require an investment of almost USD 20 billion to build up to nine new plants to meet the demand by then, according to global consultant Booz&Co. At present, the Indian PV market is the seventh largest in the world and it is expected to grow at 15-20 per cent every year till 2013, he added.
The Indian passenger vehicle (PV) market will touch 3.5 million units mark in the next three years, it said. “By next three years, India will be the fourth largest PV market in the world. Only the US, China and Japan will be ahead of India,” Booz&Co Partner Vikas Sehgal said.
According to Society of Indian Automobile Manufacturers (SIAM), the PV market stood at about 2 million units in 2009-10 and is expected to reach 2.4 million units in this fiscal. “India will even cross Japan by selling about five million PVs by 2017-18. India, in next three years, will need 6 to 9 new car plants with an average annual capacity of 1.5 lakh units... This will require at least USD 15-20 billion investment,” Sehgal said.
To achieve this feat, auto makers will have to not only increase capacities but will also have to enhance their dealer network, strengthen component sourcing chain and enhance R&D capabilities. Under the Automotive Mission Plan (AMP), the Indian market had earlier planned to become a USD 145 billion by 2016, for which USD 35-40 billion investment is required.

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03 January, 2011 Indian car manufacturer Tata Motors has increased the prices of some of its passenger vehicles and all of its commercial vehicles by a range of Rs 3,000-30,000 due to rising input costs. The new prices come in with immediate effect.
While the prices of passenger cars have been increased in the range of 3,000-15,000, for the commercial vehicles the hike ranges between Rs 1,500-30,000, the company said in a statement.
The flagship model of the company Tata Indica and Indigo would now be dearer by a range of Rs 3,000-Rs 15,000 depending on the model. In utility vehicles, the price increase on Tata Sumo, Grande MK II, Safari and Xenon ranges between Rs 8,700-14,500.
The commercial vehicles from Tata Motors would be more expensive by Rs 1,500-30,000 more, it said.

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17 December, 2010 Indian carmaker Tata Motors plans to increase the prices of all its passenger vehicles except the Nano and the newly-launched Aria by up to 1.5 per cent from next month onwards. The price hike comes as a result of surging input costs, the Tata group company said.
Indian carmaker Tata Motors plans to increase the prices of all its passenger vehicles except the Nano and the newly-launched Aria by up to 1.5 per cent from next month onwards. The price hike comes as a result of surging input costs, the Tata group company said.
“We will increase prices for all passenger vehicles except the Nano and the newly-launched Aria,” he said.
Most of the major car manufacturers in India, such as Hyundai Motor India, Volkswagen and General Motors have also said that they would increase the prices to offset the increasing pressure from rising raw materials costs, including natural rubber.

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