Saturday, July 18, 2009

When to expect: Late 2009

It is nothing but courage in the face of adversity. Indian carmakers, which saw their sales figures crashing to an eight-year low in the September-December quarter, will launch 50 new models this year in an attempt to revive their fortunes. The new launches are expected to inject some enthusiasm into the domestic car market, troubled by the economic uncertainties triggered by global recession.The first to hit the market this year is M&M’s Xylo, touted as India’s answer to Toyota Innova. Designed and developed at M&M’s Nasik facility

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