‘Inspire’ in India by 2010. However it said the much hyped world car platform on
which ICML would planned to produce luxury sedans and SUV is put on hold. ICML
cites the slump in global auto sales for this decision. “The automobile industry
is going through a very difficult and challenging time. We therefore had to
change our plan as the World Car project focused on both export and domestic
markets,” said Raman Mittal, executive director, ICML. ICML had planned to
develop the world car platform jointly with Pininfarina an Italian design firm
and invest about Rs 700 crore for this project. :)
http://www.vicky.in/straightfrmtheheart/icml-to-launch-inspire-by-2010/