Second international auto show kicks off in Bangalore

Bangalore, Jan.7 (ANI): A four-day-long International Auto Show 2011 (IAS-2011) began at Bangalore's Palace Grounds on Thursday.

The expo is one of the biggest car events in the region that happens once in every two years.

Cyril Pereria, Managing Director, International Auto Expo, said that biggies from all over the country and abroad have taken part in the expo and the expo is expected to fetch business of Rs 200 crores (USD 4,40,577).

"At the International Auto Expo we totally have 140 companies from all over India participating in the show. This is totally for four days, beginning from today (January 06) for the next four days. We are expecting around 40,000 business visitors to come to the show and (Rs) 180-200 crores worth business to take place in the next four days. So I am sure all the exhibitors are going to be busy with the prospects and visitors," said Pereria.

The expo has the wide variety of automobiles on display ranging from Rs 2 lakhs to Rs 1 and half crores (USD 4,407 - 330,507).

Many automobile majors including Jaguar, Land Rover, Toyota, Skoda, Mahindra and Mahindra, Honda and Tata participated in the expo amongst others.

A variety of vintage car were also on display in the expo.

Automobile engineer students also participated to display their concept cars in the show.

Other innovations included a multi-purpose farming vehicle designed by Vikas Chaitram Shinde, farmer from Jalgaon district in Maharashtra. His innovation, originally a motorcycle, furrows the field, cuts grass and ploughs the soil.

Apart from India, delegates from Japan and Russia participated in the show.

The exhibition has emerged as a forum to connect buyers from all over the country and abroad in the field of automobile industry.

Besides vehicle and its component display, seminar and conferences on automobile industry were also held.

Source: news.oneindia.in

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10 New Models At Delhi Auto Expo

Global auto makers will unveil 10 new car models at the upcoming New Delhi Auto Expo as part of their strategy to tap the growing Indian market, where annual car sales are forecast to grow to 3 million units by 2016.

"We expect nearly 1.8 million visitors to the expo," said Rajive Kaul, chairman of the steering committee for Auto Expo 2010. "We have cut short the auto expo by two days this year as we were not certain about the global economic conditions."

Makers including Suzuki Motor Corp. (7269.TO), Honda Motor Co. Ltd. (HMC) and Toyota Motor Corp. (7203.TO) will be among those unveiling cars at the expo, which Kaul says will have 2,100 participants from 30 countries.

"(Delhi Auto Expo) will be the largest show in terms of footfalls as some of the auto shows overseas saw reduced participation," said Dilip Chenoy, director general of the Society of Indian Automobile Manufacturers.

The global economic slowdown didn't severely affect demand for new cars in India, prompting several global auto makers to increase their focus on Asia's third-largest market after China and Japan.

Local sales in India started rising in February, after declining for four months, and surged 61% in November to 133,687 units, the largest percentage gain since February 2004.

The Indian unit of Toyota Motor--Toyota Kirloskar Motor Pvt. Ltd.--will globally premiere a concept version of its small car, the company's first small car for the Indian market, at the auto show. The model, with a 1.2 liter gasoline engine, will be commercially launched in India by end-2010.

Honda Siel Cars India Ltd., a unit of Japan's Honda Motor, will also showcase the concept version of its second small car model in India, which is likely to be launched in the country in 2011.

Small cars comprise nearly two-thirds of annual car sales in India.

Maruti Suzuki India Ltd. (532500.BY), India's largest car maker by sales, will display 17 vehicles at the expo, it said.

Ford Motor Co. (F) and Nissan Motor Co. Ltd. (7201.TO) will, however, be among the notable absentees from the Jan. 5 to Jan. 11 show.

Source: Online.wsj.com