Bajaj Auto today said it will launch its mini four-wheeler commercial vehicle RE60 for intra-city urban transportation by the end of this fiscal.

“The commercial production of RE60 will begin by the end of this fiscal and the launch will also happen at the same time,” Bajaj Auto Ltd (BAL) Senior Vice-President (Business Development) S Ravikumar told PTI.

He, however, declined to comment on other details such as the possible production capacity for the vehicle.

During the Auto Expo in the National Capital in January this year, BAL had unveiled the RE60 that will be targetted to the three wheeler customers.

The RE60, powered by a 200 cc rear mounted petrol engine could also be sold in overseas markets where BAL’s three wheelers are exported, the company had said.

Maruti Suzuki India Ltd has entered into luxury sedan segment with launch of its car Kizashi.

Ford Figo selected ‘Indian Car of the Year’ by a jury of auto journalists in India

Ford Figo was selected as Indian Car of the Year (ICOTY) 2011 today, earning the country’s top automotive award in the fiercely competitive and rapidly growing Indian market. Now in its sixth year, the ICOTY is awarded to a new vehicle after comprehensive testing by a jury of automobile journalists in India.

Honda on Tuesday unveiled a prototype of its new small car, the Brio, at the 27th Thailand International Motor Expo 2010. The introduction of the car is a significant step for Honda in rapidly growing Asian markets.

The prototype unveiled on Tuesday is meant for the Thai market, but it won’t differ significantly for India. Honda had showcased a concept version at the Auto Expo in January.