General Motors is developing an ultra low-cost family car, which it will sell in emerging markets. The low-cost family car would compete with Renault’s Logan sedan and the planned low-cost car by Toyota. Renault’s current Logan sedan sells for less than $10,000, but Renault is rumored to be working on a cheaper variant, and the […]

Toyota has said that plans to build a new factory in India are not “concrete”, but it is considering a new small car to tap increased demand in emerging markets.
“We don’t have any concrete plans for a new plant in India,” said Toyota spokesman Paul Nolasco. Nolasco also said that Toyota continually evaluates overseas expansion […]

Toyota is planning to build a new factory in India by 2010, according to a report in the Nikkei business daily. The plant will produce small cars for the growing automobile market in developing countries. Toyota’s new plant will cost between 40 billion yen to 50 billion yen ($330 million to $413 million), and built […]

Audi has announced that it plans to begin building its A6 model in India starting in the second half of 2007. The A6 will be assembled in Aurangabad using parts made in Germany, and will be sold to Indian buyers.
“This move gives us the opportunity to better fulfill our potential on this market,” Audi board […]