Double World Rally Champion Marcus Gronholm has confirmed his return to competitive motorsport. He will drive a Ford Fiesta in the Global Rallycross Championship (GRC)

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The car price hike post-budget and rising interest rates have taken a heavy toll on passenger car sales in India.

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Further to the attempt of ensuring peace of mind while driving for its customers, Ford India has extended the reach of Ford Roadside Assistance (RSA) programme to five cities in India. With the expansion of this facility, Ford owners of 47 Indian cities now can experience stress-free driving.

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As reflection of its steady growth rate, Ford India recorded positive sales momentum during the month of April, 2012 when its monthly sales figure touched 9,569 units while taking domestic wholesales and exports together. It stands for a positive 13% year-on-year sales growth figure.

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Ford Motor Company and Mazda Motor Corporation have announced an additional investment of US$27 million (Rs 135 crore) in their AutoAlliance Thailand (AAT) joint venture to upgrade production equipment and increase pickup truck production capacity by 20,000 units per year.

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Ford finally took the wraps off its latest compact SUV – the Ford EcoSport. The concept car had already made its debut at the Delhi Auto Expo sometime back and now it was time for Ford to unveil its production version at the Beijing Auto Show.

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On a 1400 square metre stand with 17 cars on show, Peugeot presents all the modernity of its range, the youngest and most extensive in its history in China, an expression of the allure and the modernity of all that is French, with a complete offering of vehicles carrying the Roland Garros identity and an original concept car, the "Urban Crossover Concept", a worldwide reflection on the evolution of the offering in the B segment.

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Five months after the ground breaking ceremony, Ford India has laid the foundation stone of its new plant, spread over 460 acres, at Sanand in Gujarat. This Rs 5,000 crore integrated manufacturing facility will come on-stream in 2014, and has an installed capacity to produce 240,000 cars and 270,000 engines annually.

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Car prices are set to rise in India, after a 2 % hike in basic excise duty from the present 10% to the proposed 12 %. Additionally, excise duty on large cars will also increase from 22% presently to 24%. However, the government has decided against imposing a ‘diesel tax’, a move which has brought some respite to car-makers in the country.

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Car sales in February have been better than expected, especially coming on the back of the depressed sentiment in the market in the last quarter of 2011. Most car-makers have reported better than expected sales, but are cautious before commenting on whether such momentum will be maintained in the coming months.

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