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Wilfried G. Aulbur, Managing Director and Chief Executive Officer of Mercedes Benz India poses with newly launched Mercedes-Benz GL 350CDI sports utility vehicle in New Delhi on Monday, 04 January 2010.

S G Saksena, Head Utility Vehicles Product Group- Tata Motors and Regional Manager North Jalaj Gupta poses newly launched Grande MK II in New Delhi on Monday,21 December 2009.

Rajiv Dube, President of Passenger Car, Tata Motors Ltd interacts with media while during the launch of Sumo Grande MK II in Mumbai on Monday, 14 December 2009.

S Krishnan, Vice President of Commercial (Passenger Cars Business Unit), Tata Motors Ltd gestures during the launch of Sumo Grande MK II in Mumbai on Monday, 14 December 2009.

S G Saksena, Head Utility Vehicles Product Group- Tata Motors and Regional Manager North Jalaj Gupta poses newly launched Grande MK II in New Delhi on Monday,21 December 2009.

Rajiv Dube, President of Passenger Car, Tata Motors Ltd; S Krishnan, Vice President of Commercial (Passenger Cars Business Unit) and S G Saksena, Head of Utility Vehicles Product Group launch Sumo Grande MK II in Mumbai on Monday, 14 December 2009.

Rajiv Dube, President of Passenger Car, Tata Motors Ltd interacts with media while during the launch of Sumo Grande MK II in Mumbai on Monday, 14 December 2009.

S Krishnan, Vice President of Commercial (Passenger Cars Business Unit), Tata Motors Ltd gestures during the launch of Sumo Grande MK II in Mumbai on Monday, 14 December 2009.

S G Saksena, Head of Utility Vehicles Product Group, Tata Motors Ltd during the launch of Sumo Grande MK II in Mumbai on Monday, 14 December 2009.

Rajiv Dube, President of Passenger Car, Tata Motors Ltd interacts with media while S Krishnan, Vice President of Commercial (Passenger Cars Business Unit) and S G Saksena, Head of Utility Vehicles Product Group look on during the launch of Sumo Grande MK II in Mumbai on Monday, 14 December 2009.

S G Saksena, Head of Utility Vehicles Product Group, Tata Motors Ltd; S Krishnan, Vice President of Commercial (Passenger Cars Business Unit) and Rajiv Dube, President of Passenger Car, Tata Motors Ltd pose with newly launched Sumo Grande MK II in Mumbai on Monday, 14 December 2009.

Newly launched Sumo Grande MK II display in Mumbai on Monday,14 December 2009.

Rajiv Dube, President of Passenger Car, Tata Motors Ltd; S Krishnan, Vice President of Commercial (Passenger Cars Business Unit) and S G Saksena, Head of Utility Vehicles Product Group pose with newly launched Sumo Grande MK II in Mumbai on Monday, 14 December 2009.

P Balendran, Vice President of GM India addresses during the launch of Chevrolet Cruze in Jaipur on Wednesday, 28 October 2009.

Sumit Sawhney, General Manager (Sales) of GM India and P Balendran, Vice President with other officials pose for the photographers during the launch of Chevrolet Cruze in Jaipur on Wednesday, 28 October 2009.

P Balendran, Vice President of GM India addresses during the launch of Chevrolet Cruze in Mumbai on Monday, 12 October 2009.

Peter Kronschnabl, President of BMW India poses with newly launched BMW Z4 sDrive35i in Mumbai on Monday, 12 October 2009.

Sumit Sawhney, General Manager (Sales) of GM India during the launch of Chevrolet Cruze in Mumbai on Monday, 12 October 2009.

P Balendran, Vice President of GM India and Sumit Sawhney, General Manager (Sales) pose for the photographers during the launch of Chevrolet Cruze in Mumbai on Monday, 12 October 2009.

Peter Kronschnabl, President of BMW India poses with newly launched BMW Z4 sDrive35i in Mumbai on Monday, 12 October 2009.

Peter Kronschnabl, President of BMW India poses with newly launched BMW Z4 sDrive35i in Mumbai on Monday, 12 October 2009.

P Balendran, Vice President of GM India addresses during the launch of Chevrolet Cruze in Mumbai on Monday, 12 October 2009.

P Balendran, Vice President of GM India addresses while Sumit Sawhney, General Manager (Sales) looks on during the launch of Chevrolet Cruze in Mumbai on Monday, 12 October 2009.

Newly launched BMW Z4 sDrive35i displays in Mumbai on Monday,12 October 2009.

Newly launched BMW Z4 sDrive35i displays in Mumbai on Monday,12 October 2009.

Newly launched BMW Z4 sDrive35i displays in Mumbai on Monday,12 October 2009.

P Balendran, Vice President of GM India addresses while Sumit Sawhney, General Manager (Sales) looks on during the launch of Chevrolet Cruze in Mumbai on Monday, 12 October 2009.

Tata Group Chairman Ratan Tata during the launch of new Tata Indigo MANZA sedan in Mumbai on Wednesday,14 October 2009. The car is available with petrol and diesel engine options and has four trim levels – Aqua, Aura, Aura(ABS) and the top of the line Aura+. The petrol range starts at Rs 4.8lakh, and the top diesel range costs Rs 6.75lakh (both prices ex-showroom, Delhi).

Peter Kronschnabl, President of BMW India poses with newly launched BMW Z4 sDrive35i in Mumbai on Monday, 12 October 2009.

Peter Kronschnabl, President of BMW India poses with newly launched BMW Z4 sDrive35i in Mumbai on Monday, 12 October 2009.

Newly launched BMW Z4 sDrive35i displays in Mumbai on Monday,12 October 2009.

Rajiv Dube, President of Tata Motors (Passenger Car Business Unit); P M Telang, Managing Director (India Operations); Vice Chairman Ravi Kant and Chairman Ratan Tata pose with newly launched car Tata Indigo MANZA sedan in Mumbai on Wednesday, 14 October 2009. The car is available with petrol and diesel engine options and has four trim levels – Aqua, Aura, Aura (ABS) and the top of the line Aura+. The petrol range starts at Rs 4.8lakh, and the top diesel range costs Rs 6.75lakh (both prices ex-showroom, Delhi).

Tata Group Chairman Ratan Tata during the launch of new Tata Indigo MANZA sedan in Mumbai on Wednesday,14 October 2009. The car is available with petrol and diesel engine options and has four trim levels – Aqua, Aura, Aura(ABS) and the top of the line Aura+. The petrol range starts at Rs 4.8lakh, and the top diesel range costs Rs 6.75lakh (both prices ex-showroom, Delhi).

Tata Group Chairman Ratan Tata poses with newly launched car Tata Indigo MANZA sedan in Mumbai on Wednesday, 14 October 2009. The car is available with petrol and diesel engine options and has four trim levels – Aqua, Aura, Aura(ABS) and the top of the line Aura+. The petrol range starts at Rs 4.8lakh, and the top diesel range costs Rs 6.75lakh (both prices ex-showroom, Delhi).

P M Telang, Managing Director of Tata Motors (India Operations); Vice Chairman Ravi Kant, Chairman Ratan Tata and Rajiv Dube, President (Passenger Car Business Unit) pose with newly launched car Tata Indigo MANZA sedan in Mumbai on Wednesday, 14 October 2009. The car is available with petrol and diesel engine options and has four trim levels – Aqua, Aura, Aura(ABS) and the top of the line Aura+. The petrol range starts at Rs 4.8lakh, and the top diesel range costs Rs 6.75lakh (both prices ex-showroom, Delhi).

Tata Group Chairman Ratan Tata addresses during the launch of new Tata Indigo MANZA sedan in Mumbai on Wednesday,14 October 2009. The car is available with petrol and diesel engine options and has four trim levels – Aqua, Aura, Aura(ABS) and the top of the line Aura+. The petrol range starts at Rs 4.8lakh, and the top diesel range costs Rs 6.75lakh (both prices ex-showroom, Delhi).

Tata Group Chairman Ratan Tata during the launch of new Tata Indigo MANZA sedan in Mumbai on Wednesday,14 October 2009. The car is available with petrol and diesel engine options and has four trim levels – Aqua, Aura, Aura(ABS) and the top of the line Aura+. The petrol range starts at Rs 4.8lakh, and the top diesel range costs Rs 6.75lakh (both prices ex-showroom, Delhi).

P Balendran, Vice President of GM India and Sumit Sawhney, General Manager (Sales) pose for the photographers during the launch of Chevrolet Cruze in Mumbai on Monday, 12 October 2009.

P Balendran, Vice President of GM India and Sumit Sawhney, General Manager (Sales) pose for the photographers during the launch of Chevrolet Cruze in Mumbai on Monday, 12 October 2009.

Newly launched BMW Z4 sDrive35i displays in Mumbai on Monday,12 October 2009.