With no recovery in sight, auto component units are devising new strategies to tide over the severe downturn. Apart from entering
aerospace, prosthetics and power segments, they trying to tap aftermarket in India and abroad.

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Economic Times

Close on the heels of Maruti hiking prices by up to Rs 10,000, Hyundai Motor India on Friday announced an increase in the prices of
Santro, i10 and Accent across all its variants with immediate effect.
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Economic Times

Tata Motors Limited, which relocated its Nano project from Singur in West Bengal to Sanand in Gujarat, is looking into the possibility of
compensating the vendors who had been adversely affected by the move.
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Economic Times

Ashok Leyland has sighted revival of demand for the commercial vehicle segment and hopes to benefit from the two stimulus packages, low
interest cost, fall in material prices. The company has also embarked on a multi pronged strategy to address the worst ever situation in the sector.
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Economic Times

Car makers Maruti, Hyundai, Mitsubishi and Toyota have cut prices by 3-3.5% signalling a drop of at least Rs 6,500 for small cars like Best cars to own and drive | Rebates being offered | Best selling pre-owned cars
M-800 and Santro, around Rs 24,000 for the SX4 sedan and around Rs 40,750 for Toyota Corolla Altis.
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Economic Times

Alliance partners Nissan Motor Co and Renault SA are delaying vehicle production projects in India, where a slowing economy has taken a toll Nissan Cars Nissan's Clean Diesel vehicle X-TRAIL
on sales of cars and trucks.
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Economic Times

Indian auto companies are likely to take a hit of Rs 1,000 crore on unsold cars, trucks, buses and two-wheelers after the government
announced a 4% excise duty cut on Sunday.
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Economic Times

Maruti Suzuki India Ltd and the local unit of South Korea's Hyundai Motors, said on Monday they had cut prices following a reduction in
taxes.

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Economic times

At least 101 people have been killed in attacks by gunmen in Mumbai, police said on Thursday. ( Watch ) Situation still not under control. Attacks in Pics

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Economic Times

The decision of European and Asian carmakers such as General Motors, Ford, Daimler, Nissan, Toyota and others to cut down production in
view of the global meltdown, is likely to affect the Indian auto component industry. The auto component industry, which had clocked a $3,615 million (Rs 17,713.5 crore) exports in 2007-08, has called an urgent meeting next month to review the situation and workout a business strategy to address the crisis.
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Economic Times