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The new car will be offered at an introductory price of Rs 3.48 lakh to Rs 5.91 lakh (ex-showroom ,Delhi) and replace the existing model in the market.

 
 
According to a report by JD Power, Nano will replace Hyundai's i10, which is slated to take the second position in 2010 after Maruti Suzuki's Alto.
Tata Motors is understood to be mulling a hike in the price of its passenger cars Indica and Indigo by a significant amount with effect from October 1.
According to Society of Indian Automobile Manufacturers, domestic passenger car sales jumped to 1,60,794 units and motorcycle sales rose to 7,27,542 units in August.
 
 
The company's wholly-owned subsidiary BMW India has a manufacturing facility in Chennai, with an installed annual production capacity of 3,000 units.
Executive Vice-president Takeshi Uchiyamada said the company will introduce the new models in a bid to boost sales, by expanding its fleet of eco-friendly cars.
Suzuki Motor Corp chairman Osamu Suzuki says the company would pump in Rs 1,925 crore to set up a third manufacturing plant at Manesar.
The car maker reports its highest ever monthly sales at 1,04,791 units in August, registering 23.56 per cent jump over the year-ago period.
The world's largest truck maker is leaving no stone unturned to make a mark in India, one of the toughest commercial vehicle markets.
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