Come 2010 & the indian small car market is all set to hit fourth gear.Close to a dozen new small cars from big names including Maruti-Suzuki, Honda, Volkswagen, Fiat, Ford &Toyota are expeted to hit the road rejuvenating a market that accounts for as much as 75% of car sales.
The new cars, many of which would also have variants loaded with latest features like automatic drive, ABS, & airbags ,will flow from almost the entire spectrum of car-makers present in India & be available in the Rs 3 lakh- Rs 5 lakh bracket (excluding the Rs 1 lakh wonder Tata Nano).
Some of them include:
Hyundai i-20 (2008)
Tata - New Tata Indica (2008)
Fiat - Grande Punto (2008)
Maruti-Suzuki - A-Star/Splash (2008-09)
Honda- Jazz (2009)
Ford - Small Car (2010)
Toyota - Small Car (2010)
Volkswagen- Indian version of Polo
Price range would be Rs 3 lakh - 5 lakh. To get the lower excise benefit' companies to keep petrol engine under 1200cc & diesel engine under 1500cc
