- Fiat India have asked for a 18 month time frame from their valued customers to get about 100+, Fiat only, dealerships and service setups running over the country. At the Fiat Caffe launch, Fiat announced that they would be working hard to retain all the existing 160 odd dealers so that their customers are not inconvenienced.
- Maruti Suzuki has got another ace up its sleeve. Maruti Suzuki has grown steadily in the Algerian market, predominantly a SUV market. They have sold more than 17000 cars last year, twice than the year before. This has boosted Maruti Suzuki's confidence to delve further into African markets.
- Mahindra and Mahindra have signed a preferred financer agreement with the Satpura Narmada Kshetriya Grameen Bank (SNKGB), the largest Gramin bank in Madhya Pradesh. This will help M&M to boost its sales in central India.
- Volkswagen India have launched the 2012 race Polo that will run for the Polo Cup season. The new car Polo R has a 1.4 litre 180bhp petrol engine mated to a 6 -speed sequential paddle shift gear-box, a significant development over the outgoing version.
- Indian racing prodigee Aditya Patel has won the Nurburgring 24 hours event with his team Pro Handicap e.V. driving the iconic Audi TTS in Germany.
- Market analysts IHS Automotive and Cyrrus AS have derived that it would be better for Fiat to tie-up with Suzuki after the Tata-Fiat JV ended earlier this month. With a lot to gain for Fiat and not much for the market leader Suzuki except for the engines, we wonder if Maruti Suzuki would be open for such an alliance. Globally though, the alliance could be a win -win with Suzuki going ahead to break-up with Volkswagen and Fiat's acquisition of Chrysler.
- Fiat auctioned its first car of the limited edition Fiat 500 America series via Twitter. German Twitter user Adelheid D. Keiper won the number one car of the limited edition series with the winning tweet for 15,165 Euros.
- The 1991 Aston Martin DB4 GT Zagato Sanction II coupe, one of the only four ever made, was sold for $10.3 million i.e. about Rs 54 crore at the Bonhams auction yesterday.
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