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Auto Expo 2010 kicks off on January 5 in Delhi reports CNBC-TV18’s Swati Khandelwal Jain.
Before the auto expo kicks off officially on January 5, we have whole of launches lined up on January 4. We will see Mercedes showcasing its superlative vehicles, we will also see General Motors launching its second small or mini car called The Beat. This car is likely to be priced around Rs 3 lakh and will also sport a diesel engine option eventually.


We will also have Mahindra & Mahindra launching its new series range of trucks with its joint venture partner Navistar. So a lot of launches to be seen on January 4 and then on January 5 the Auto Expo will kick off and we will have whole host of automakers showcasing or giving their global launches. In fact 10 of them are definitely lined up this time around.

Ashok Leyland Managing Director R Seshasayee sees strong demand for the sector as the New Year kicks off. “The first three months are beginning to grow pretty well. The demand seems to be robust there will certainly be pre-buying as a result of these emissions that changed standards coming in April 2010.

He says, “Going forward beyond that for the 2010-11, so long as we believe that the Indian economy is going to grow and the commercial industry will also, that has been my standard long-term answer and I would continue to stick to that.” | Source – moneycontrol.com

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