According to FITCH, the Indian auto sector expected to grow by 10-12 percent in 2010 The Indian auto industry’s total growth (including exports and domestic sales) was 15.67 percent in calendar year 2009. Most Indian car companies continue to post double-digit growth in domestic sales in June 2010. Toyota to set up new engine-manufacturing unit in Bidadi. This is in addition to the new plant that they are building to manufacture the Etios. In June 2010, Tata Motors overtook Hyundai Motor to become the second biggest carmaker in India, after Maruti Suzuki. Ford invests a total of $500 million in the Chennai plant, The company has also hired 700 people at the expanded facility over the last one year, and plans to hire more people this year for the upgraded plant Ford India ships the first consignment of its small car 'Ford Figo' to South Africa in July. Starts the second shift at its factory in Chennai.. Bosch the German auto-component maker to invest a further Rs 2,000 crore in India Maruti Suzuki India Limited, India's market leader sold 88,091 vehicles in June 2010. Tata Motors overtakes Hyundai Motor to become the second biggest carmaker in India, after Maruti Suzuki. Tata Motors plans to invest Rs 10,000 crore on product development, capital expenditure and other growth opportunities, over the next 2-3 years. Panasonic India is planning to enter the rapidly growing automotive segment in the country by the second quarter of 2011. The company will sell in-house entertainment products and sensors. General Motors India will be launching an electric version of the Chevrolet Spark in October 2010, at an approximate price of Rs 7 lakh. Volkswagen India to launch new entry-level sedan, 'Vento' by this year end. Toyota to hire 2000 by 2010 to prepare for its small car launch. Fiat India raises Rs. 2,448 crores loan for expansion of its Indian operations. Honda India to export 60,000 engine units to parent company in Japan. 20,000 crores investment in the auto industry in and around Pune alone. Mercedes India to add more engineers at its R and D centre – it will increase head count to 500 by 2010. Bavina Cars India allotted a 100 acre area to set up India’s second electric car facility in Tamil Nadu. Sonalika Group plans plant in South India set for new launches in 2010 increasing the capacity to 80,000 units per annum. A survey conducted among recruiters across India forecasts an optimistic employment picture for the year 2010. Over 70% recruiters predict that the hiring will be robust in 2010 and 82% recruiters say that professionals with 1 to 8 years experience will be in demand.