INDIA: Ashok Leyland eyes new MUV to compete with Toyota's Innova
With the demand for multi-seater personal vehicles on the rise in India, Ashok Leyland is looking to launch a seven to eight-seater vehicle in the next two years.
The Indian truckmaker will base the vehicle on its partner Nissan's NV 200 van.
The move comes in the wake of increasing demand for such vehicles exemplified by Toyota's Innova whose September sales of 4,765 units more than doubled from the same period a year ago.
The growth is even more impressive when taken into account the fact that Toyota Kirloskar Motors is facing production constraints.
Hinduja Automotive's executive vice chairman V Sumantran echoed these sentiments saying: "The demand for the Innova has defined the overall demand for such vehicles in India. The way people travel has completely changed in India in the past few years.
"There used to be a Tata Sumo, which got replaced by Toyota's top-selling Qualis, which eventually made way for the Innova. Today, there is a waiting period for the Innova, which sells close to 5,000 units every month."
While a prototype of the new car could be ready by the international motor show in New Delhi next January, an official launch is expected to take at least over a year.
Sumantran said: "We will have a common platform but they would be expressed differently, with different styling, different content and different positioning. We will target more towards commercial users, while Nissan will target more of personal users.
"If we take the Innova, for example, a lot of people use it for family transport and some others as a tourist car and as taxis.
"There will be some time between the launches of the two companies (Leyland and Nissan). So, we are looking at a couple of years for launch, for us."
The new vehicle is expected to be priced in the Mahindra Xylo range, below Innova.
Another week has whizzed by - along with our summer, apparently - without the disastrous announcement from General Motors Europe that had been in the offing following the Opel supervisory meeting on W...
The final list of world premiere concepts and production models which appeared for the first time at the New York auto show's press days....
UMW Toyota expects to achieve its sales target of 93,000 Toyota and Lexus models in 2012, in spite of the adverse impact of new lending guidelines in Malaysia....
As manufacturers continue to announce world premiere concepts and production models ahead of the 23 & 24 April media preview days of AutoChina 2012, just-auto keeps track for you....
Mercedes-Benz Cars is expected to report the best unit sales it has ever achieved in a first quarter, division head and Daimler chairman Dieter Zetsche said in Hungary on Thursday (29 March)....
Faurecia and NHK Spring plan to open joint units in China and the US to supply Nissan Motor with seats....
Honda has started work on a new 200,000-unit factory to build the Fit (also known as Jazz in some markets) near Celaya in central Mexico. The company said it plans to start production in two years....
Japanese car makers, trying to make up for production lost last year, boosted production at overseas plants by 25% to 1.37m units in February, the third consecutive month of year-on-year growth....
- THE WEEK THAT WAS: The bubble car returns
- PRODUCT EYE: Audi RS Q3
- Management briefing: UK engine manufacturing (1)
- COMMENT: PSA's Tavares plots turnaround
- COMMENT: Nissan looks for top UEFA bang for buck
- The bubble car is back, fit for the 21st century
- PSA issues new business plan
- NYIAS DEBUTS: Infiniti Q70 long wheelbase
- BEIJING DEBUTS: JAC EC-9 concept
- GM furloughs two engineers in recall probe
- Jaguar Land Rover: Providing remarkable growth throughout the economic downturn
- PLDB - vehicle cycle plan database (annual subscription)
- Plunkett's Automobile Industry Almanac 2014: Automobile Industry Market Research, Statistics, Trends & Leading Companies
- Ford Motor Company - Strategy and SWOT Report
- Global light vehicle materials market 2008 to 2028