Ford Figo, the first compact car from Ford India was launched in Indian markets on Thursday. Ford has come out with both petrol and diesel versions for the car.
Car sales crossed over 1.5 lakh in February an increase of 33 percent compared to last year. Fear of withdrawal of stimulus leading to higher taxes, increase in auto interest rates, new emission norms which will further increase car prices are some of the factors which caused the car sales to peak in February. Maruti [...]
February has ended on a very good note for India’s Automobile industry, which registered a net increase of 49% in sales in February, 2010, as compared to the same month’s sales in 2009. This rise can be attributed to the anticipation of a hike in taxes after the budget. Some experts are also calling it [...]