2. Highlights of the EXPO Anticipated Car Volumes in 2010 -11 is 1.4 mn Market expected to double in five years Growth will primarily be driven by Small Car segment .(price range 3-5 lacs ) Three out of four cars of the 1.4 million cars that will be sold in India will be compacts Realizing the Potential of the small car market, global manufacturers are going small Say the Corp Honchos, “with increasing Traffic and Populous cities' , growing disposable incomes of Lower Middle Class also; this segment has become attractive”
3. Highlights of the Expo The Indian Market is becoming a lucrative manufacturing hub for small cars Suzuki and Hyundai are exporting one in 4 cars they produce The Auto Exp 2010 heralds a phase of heightened competition with entrenched incumbents like Suzuki girding up against Toyota, Honda ,Volkswagen and also Tatas and Mahindras
47. The New Jaguar XJ- Technology Direction Launch: 5th Jan 2010 Price :94 lacs Bookings are on and Deliveries expected in June 2010 Also displayed were the Land Rovers- Range-1.04crs; Discovery4 -66 lacs and Free Lancer -36 lacs