Maruti Suzuki India (MSI), the country’s largest car maker, has temporarily stopped the production of its mid-sized sedan SX4.

MSI’s sedan SX4 failed to attract customers although it cost less than Honda City, who is presently the market leader. As per the statement issued by the company official, MSI will revise SX$ engine with a new Bharat Stage-IV engine, and also bring some change in the looks by the next few weeks.

The Supreme Court has allowed TVS Motor Company to sell its bike ‘Flame’. A legal dispute took place between TVS Motor and Bajaj Auto, as Bajaj Auto Co said that TVS Motor was illegally using its technology of twin spark plugs in their bikes and thus TVS Motor Company should not be permitted to manufacture and sell ‘Flame’ bike.

Yamaha, a Japanese two wheeler maker, has unveiled its new superbike in the Indian market.

The superbike, which is named as ‘V Max’, will be priced at Rs 20 lakh.

The new bike has 1679cc engine. The company is hoping to acquire 10% market share in India by 2012.

Company’s top official told reporters that they are anticipating 3 times growth in sales during the upcoming festival season.

German luxury carmaker Mercedes-Benz has announced that it has decided to increase its employee strength in the research and development (R&D) segment in India.

The company said that it is looking forward to add around 200 engineers, both from German and India, to its Indian R&D unit by 2010 end.

Maruti Suzuki India (MSI) is looking forward to compete with big car makers like Honda and Toyota as it is eyeing to launch the sports luxury car Kizashi in India in 2010.

Kizashi has already been launched by Suzuki in the US market.

After the launch of Tata Nano, other automakers are also planning to manufacture the low-cost car for the developing market. In this regard, General Motors has disclosed the fact that they are thinking to manufacture a car that can cost about USD 4000.

Mr. Nick Reilly, GM’s Executive Vice President of International Operations said, “When Tata Motors in India came out with their $2,500 Nano vehicle, it put a lot of auto makers on the spot.”

BMW, the German luxury carmaker, has been ruling the Indian luxury car segment in India.

BMW has recorded a 14% increase in the sales during the first seven months of the year.

BMW India had sold around 2,008 cars in the first seven months period of the year as against 1,763 cars in the same period last year.

This helps BMW to hold the top position in the high-end segment.

Indian car sales registered a increase by 31% in July, marking the highest ever growth in recent past after economic slowdown.

The launch of new car models and cheaper loans are considered as major factors which attracted customers to automobile showrooms.

India, with population over a billion, is considered as a great potential market among the global automakers. Most Automobile majors witnessed sluggish sales in the United States, Europe and Japan due to economic slowdown.

Tata Motors is all set to introduce its new Tata Indica Vista ‘IGNIS’ in the Indian market. This is the fourth version of the Indica Vista to be introduced by Tata Motors.

The New IGNIS will be powered with 1.4l safflire engine, which is presently used by the Fiat Grand Punto. This 1.4L saffire engine has the tendency to produce 90PS of max power at 6000rps and 115Nm of peak torque at 4500rmp.

TVS Motor Company, India's third largest two-wheeler maker, has bounced back this fiscal on account of improved sales. The company's net profit surged 157% to Rs
18.11 crore in the first quarter of the current fiscal, as compared to Rs 7.02 crore in the corresponding quarter last fiscal.

Net sales of the company rose 7% to Rs 975.62 crore in the first quarter of the current fiscal. The other operating income touched Rs 13.07 crore. Profit from operations before other income grew by 93% to Rs 37.19 crore.