Business Services Industry

BRIEFING - ASIA AUTOMOTIVE - JULY 12, 2004.

AsiaPulse News, July, 2004

12, 2004, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

INDIAN CAR MAKERS INCREASE PRICES POST-BUDGET

NEW DELHI - A day after the Federal Budget presentation, car maker Honda Siel on Friday effected a price hike on its City and Accord models.

The City EXi would now cost Rs 647,000 (Ex-showroom, Delhi) instead of Rs 625,000 (US$13,700) earlier, company sources said.

INDIA'S M&M DEVELOPS NEW MODELS TO MAINTAIN COMPETITIVE POSITION

MUMBAI - Mahindra & Mahindra Ltd (M&M) (BSE:MAHM) has developed new models to improve the company's competitive position and expects to launch these products in the current fiscal year, even as it...

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