Japanese automobile company launched its Nissan Sunny Petrol model in India between the price of 5.8 lakh and 7.8 lakh and is eager to introduce its diesel version, soon in the country.

Corporate Vice President of Nissan for Africa Middle East and India, Gilles Normand stated that as the Indian customers favour diesel versions, the company is keen to launch its diesel car to avail the Indian market.

Ford’s second plant in India is coming up soon in Gujarat. For same, a contract has also been signed between the Gujarat Government and the Company. According to reports, Ford has selected Gujarat because of the pro-business environment, infrastructure, and access to ports and skilled workforce, that is available in the region to serve the best purpose.

The Ford Motor Corporation was focusing on the establishment of its strong hold on the Asian market, but was taken aback after a major fall in its net profit from April to June. The company witnessed a fall in its net income by 8%, amounting to $2.4 billion, for the period of Aril to June.

Economic growth is majorly boosting the demand section in the world’s largest auto market China, which also has tempted Nissan Motor Co.’s to invest in a Chinese venture.

According to this venture, the Company is planning to invest 50 billion Yuan ($7.8 billion) by 2015, thus enabling it to gain maximum market share.

Auto major Tata Motors declared that its small car Nano has surpassed the coveted 10,000 unit sales mark during the last month with the sales of the ''lakhtakia'' hitting 10,012 units, up by 184% as against April 2010.

The company has sold 1,10,794 Nano units by April end.

Motorcycle major Bajaj Auto is eyeing a 25 percent market share in the middle segment by the end of this fiscal, a top company executive said Thursday.

The Toyota Motor Corp. has declared that it will recall around 308,000 sport utility vehicles in the United States with the aim to fix troubles linked to unwanted airbag deployment.

As per reports, the recall will have effect on approximately 214,000 vehicles of the year 2007 and 2008 RAV4 models and 94,000 vehicles of the 2008 Toyota Highlander and Highlander HV SUVs.

Tata Motors is on the verge of deciding a production location for its small as well as cheapest car Nano at an overseas location.

Tata Motors said that the overseas location could be either in Latin America, South East Asia or Africa.

The Tata Motors Group worldwide wholesales, comprising Jaguar Land Rover, remained at 110,785 units during the last month (March 2011).

This showed an increase of 1% as against the same period of last year (March 2010).

Company's cumulative sales for the twelve month period (April 2010 - March 2011) grew by 24% to 1,081,245 units as compared to the same period in 2009-10.

British car manufacturer Bentley has rolled out a 4-seater coupe of its Continental GT luxury sedan at a price of Rs 1.9 crore (ex-showroom , Delhi).

Chris Buxton, regional director for Bentley's Middle-East, Africa and India operations stated, "India is growing fast in the luxury automobile space. We hope to achieve a sales figure of 100 units here from our entire range by next year."