Hero Cycles, world’s largest bicycle manufacturer, announced their foray into high-end bicycles with the launch of their brand “Urban Trail”. “Red Dot”, the first product of the series was unveiled and will be available at a price tag of Rs. 43, 000.

India’s leading SUV manufacturer Mahindra & Mahindra Ltd. (M&M) rolled out the technically packed and stylish new Xylo at its Kandivali plant, near Mumbai at 7.37 lakh (D2 BS4 Ex Delhi). The top-end stylish new Xylo, E9, is priced above Rs 10 lakh. The new avatar of Xylo sports 50 new changes and features including five variants powered by three distinct engine options including powerful 120 BHP m Hawk engine.

Country’s car market leader Maruti Suzuki India Limited crossed the 10 million cumulative domestic sales mark. It is the only automobile company in India to cross this milestone, said the company.

India’s car market leader Maruti Suzuki India Limited, launches its next generation new compact sedan, Swift DZire, in diesel and petrol variants. The petrol version of the more compact and revamped Swift Dzire is priced between Rs 4.79 lakh and 6.19 lakh and the new Swift Dzire diesel models are carrying price tags between Rs 5.80 lakh and Rs 7.09 lakh (ex-showroom Delhi).

After Honda Motor entered the low-cost small car segment through Brio hatchback last year, the Japanese auto major is planning to lunch the diesel version of Brio in a year or two in order to increase its market share and also to tap the mounting demand for diesel cars in the domestic market.

India’s largest car manufacturer Maruti Suzuki launched the revamped version of its compact car A-Star at Rs 3.66 lakh (ex-showroom, Delhi). The top-end of the new spiced-up A-Star will cost Rs 4.47 lakh (ex-showroom Delhi).

Hyundai Motor India Ltd, the country’s largest passenger car exporter and second largest manufacturer announced the launch of three new variants of the Eon – D-Lite +, Era + and Magna +. Priced below Rs 3 lakh at 2.98 lakh (ex-showroom Delhi) D-Lite + comes loaded with air-conditioning and power steering, said the company.

Nissan North America, Inc., (NNA) and ABB, the world’s leading power and technology group, along with 4R Energy and Sumitomo Corporation of America, have formed a partnership to evaluate the reuse of lithium-ion battery packs that power the Nissan LEAF, the world’s first and only all-electric car designed for the mass market, said the company.

Ford unveiled the all new Ford Fiesta RS World Rally Car which will adorn the car in the 2012 FIA World Rally Championship, the company said.
Ford World Rally Team director Malcolm Wilson and Ford of Europe motorsport chief Gerard Quinn unveiled the livery for the eye-catching Fiesta RS WRC at the Autosport International Racing Car Show in Birmingham, motorsport’s traditional start-of-season showcase event.
The Fiesta RS World Rally Car, with its four wheel-drive transmission and 1.6-litre Ecoboostengine will once again spearhead Ford’s challenge in the 2012 and 2013 championships.

The car, based …

Mahindra & Mahindra, a part of the US $ 14.4 billion group, announced at the Delhi Auto Expo that it would launch SsangYong Rexton, Mahindra Reva NXR, the electric car, and a compact SUV before the festive season this year. Mahinda also announced the launch of Maxximo Passenger Van to debut in Q1 of next financial year and a sub 4-metre Verito in the last quarter of FY 13.