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Small Cars in India

March 11, 2009

The begining of the small cars in india with the launch of Maruti 800 which was a joint venture between Government of India and Suzuki Motors Corporation. And in no time it became the first choice of most of the families in India. Next to join the band wagon was South Korean company Hyundai which launched its Santro in 1998, followed by another Korean car maker Daewoo that launched Matiz. By the year 1999 Tata group launched their first car Indica. Italian company Fiat also joined the league of small car manufacturers with the launch of Palio Stile.

After General Motors over took Daewoo, General Motors India entered the small car market with the launch of its much awaited mini car – The Chevrolet Spark. The entry of Chevrolet Spark has intensified the competition in the small segment. Chevrolet Spark offers better value for money proposition than its closest competitor Maruti Zen Estilo. With its new design Spark looks more contemporary. The latest introduction in this segment has been Hyundai i10 which was launched in November last year. However, the car that is going to bring about a revolution in the small car segment is Tata’s 1-lakh car Nano which due for launch in the third quarter of the next fiscal. The Tata Nano was showcased in the 9th Auto Expo in New Delhi this year which received an overwhelming response by people at large. Tata is also going to launch its new Indica shortly.

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