autonews

In the wake of the general recessionary trend in the global automobile industry, French automaker Renault has decided to freeze its assembly plant in Chennai.

M&M’s multi-purpose vehicle Xylo is the first in a series of new products that the utility vehicle market leader has lined up till 2010.

India’s leading car maker, Maruti Suzuki India (MSIL) has no plans to cut production despite the challenging market conditions and would go ahead with its expansion plans in the months ahead, a top company official said.

PSA Peugeot Citroen is charting a quiet re-entry into India. The e34.6-billion French auto major is interested in both sourcing components as well as setting up a production base in India, said a company official.