As the New Year is just going to start everyone is making preparations for the next year and just like that the Mercedes is preparing for the next year competition, many news have been revealed that they are signing a contract with the seven-time world champion Schumacher for their Mercedes GP in 2010.
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Low Cost Car
The world famous Japanese automaker the Toyota Company has announced that they will bring a new low cost car for the emerging markets in the auto show held in New Delhi on Jan 5.
This plan is to build Toyota’s lowest price car for the countries like India, Russia and Latin America and due to its cost it is expected to get a huge support from the auto markets. The code name as revealed by the company’s spokesman is the EFC (entry family car) and the model is expected to cost $10,000.
General motors’ has announced this Monday that they will spend $336 million on the up gradation of the Hamtramck plants and the main focused production line will be the
Chevrolet Volt hybrid car. This plant will start building this car in the next spring and it has been expected that 8,000 volts will be build during the car’s first year of launch and GM is expecting to see the sale increasing up to 60,000 in the future years.
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As announced earlier this week that GM is going to change all the management setup and will build up a total new one. The main reason behind all these decisions is that
GM has faced very bad times in its sale this year and now they have changed the management so that the new management comes with some new and better ideas that will lead GM to its previous position in the international market.
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Volkswagen Polo
Volkswagen Polo is the series of supermini cars manufactures by Volkswagen. From the time of its first manufacture the company is giving its best to make quality changes in the design and technology. The result of this much effort is that the newest version Volkswagen’s new Polo has got the award of the
2010 European car of the year award.
Photo by Vision Automotriz Magazine
The main competitor of this car is the Toyota iQ