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Honda India one of the popular car seller in India is now planning to raise price of its model in India. Company is planning to take a go slow approach for its production process. However the the small car project will be going as usual. Company Suffered a steep fall in sales this year compare to same period of previous year. Honda India is also cutting down its production in is Greater Noida plant.
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One of the India's largest car manufacturers Hyundai Motors has raised the price of some of its car models upto about Rs 15000 . The models whose price has raised includes i10, Santro and Hyundai Accent . This hike in prise includes all variants of these models.
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expected that this month sales of various cars may rise again, as many dealers are moving towards new stock after a clearing been done the previous month. There had been a 14% fall in the primary sales of the company in the month of December, it is after that time that the company is expecting a growth of 8-10 percent.
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Maruti Suzuki group has now decided to increse the prices of its various models. It has come to the notice that other car manufacturing companies can also follow some same kind of pattern. All these increases in the price ranges have been made by the car companies after a long season of reduced prices for various vehicles.
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Mahindra and Mahindra, is moving away regarding the buying of either General Motors Hummer and nor are the plans regarding the buying of Ford Motors brand Volvo. According to Vice Chairman of the company they are not interested to hire other problems. Looking towards the criterias like the brand name and the distributions is the first need and the company wants to get a hold over that.
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General Motors have increased the prices of some of the models in India. All these models are equipped with some extra import duties on them. It is expected that Chevrolet Spark and Chevrolet Optra may get costlier by nearly 1 to 2 percent. It is expected that Chevrolet Spark prices may go up by nearly Rs.3000 while on the other hand Chevrolet Optra prices may go higher by Rs. 10,000.
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The latest prices of Fiat Linea has come to the market that being Rs.6.20 to 8 lakh for the petrol version car model variant and it is Rs.7.30 to 9 lakh for the diesel engine variant.
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Toyota Kirloskar Motor has decided to increase the prices of its model Toyota Innova and Toyota Corolla Altis. Models of Toyota Corolla Altis are getting costlier by Rs.16,000 and another Rs.25,000. While the car variant type that is Multi Utility Vehicle (MUV) is experiencing a rise in price between the range of Rs.10,000 to Rs.25,000.
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Cabbiers have decided to stop the moving of Fiat Premier Padminis from the roads of the city. These group of cabbies have decided to replace the car with a new option that being the Mahindra Logan...........Everything seems cool and fine, the only problem arising is the manufacturer is refusing from making this car option as a black and white color variant taxi.
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Hyundai has also planned to raise the money of its Hyundai i20 by nearly two percent and that by the next month. According t the company officials they are paying for the input costs from there own and believes that they can not take the campaign any more by their own.
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Prices of some of the big company cars are likely to go high as it seems to be a strong decision by most of the big companies, to reduce the company vehicle prices......................Among these companies includes the Toyota group, according to whose one official the prices are expected to go high from January one only. Multi-utility vehicle Innova would cost Rs.10,000 to Rs.25,000 more than before
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The models which are been produced by the Volkswagen company in India will soon be going to be availed in evenly reduced prices. Model variants like Jetta and Passat will be available in reduced prices
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Honda has reduced prices of its model Honda City by around Rs.19,000 to Rs.21,000, but it is not interested in reducing the prices of models like Honda CR-V. Further it has also reduced prices of its one another model named Honda Civic
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Tata Motors, Ford, Skoda and TVS motor have taken an step of reducing the car prices upto Rs.60,000 in the responce got from 4% reduction in central value added tax (Cenvat) from the central government. According to some of the officials of Tata Motors the passanger cars of these cars like Indica and Indigo are expected to cost nearly Rs.12,000 to Rs.23,000 lesser than than the existing prices.
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Maruti Suzuki has declared the cut down prices on its 11 model variants. These cut price range from Rs.6,500 to Rs.23,000. All these necessary steps have been taken by the company in the bid of 4% Cenvat rate cut downs been announced by Manmohan Singh after his becoming the finance minister in place on PC.
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Car manufacturers are going to slash their prices in India to get the benefit of reduce excise duty. Hyundai already cut the prices of Santro by Rs. 8,834 while the Sonata has witnessed a cost cut of Rs. 44,792.
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Highlander Sportwagon is even said to be the lowest in its category being $25,705, one of the excellent values which can come to the market. Highlander V6 and the Hybrid model in the list of Toyota has came up with the price ranging from $27,600 to $34,520 for different-different wheel drive options.
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Skoda is offering a maintainence free plan for the customers it have all over the world, all these events are expected to be started by this very same month. According the plan of Skoda this offer will remain valid for three years or till 50,000 kms. which so ever completes first. This scheme is available on all the possible models of Skoda like the Skoda Octavia, Skoda Superb, Skoda Laura and the Skoda Fabia.
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Various automobile companies are now coming with various offers providing best deals to the customers to increase the sales of the cars. In order to sell all their stocks the various dealers and companies are giving high concessions on different-different models of the cars.
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Hyundai has now decided to cut the prices of its model by Rs.33,800. The offer has been brought about along with the facilities like free insurance and bonus on exchanges on its various models. View Full Detail »
In a bid to protect the company from financial crises, Honda has made a aggressive approach by increasing the prices of its models. Natural Oil prices had down to a significant value but the import taxes are still on a high.
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Tata Motors believe that they would require a loan of around euro 1 billion, if they really want to put forward the issues of the ongoing credit crisis of the country. Further Tata Motors is also asking the federal intervention to get help from their side to support supply chains, .....
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On one side there is going a economic slowdown throughout the nation and on other side the major public sector banks of the nation are aiming at loan growths by 20-25 percent and that too only in this financial year. Its mainly happening because the rivals of these public sector banks that is private sector banks are getting very optional in lending the loans to the auto sector as they are expecting much more lower growth through-out.
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Honda car company has cut prices of one its most astonishing car variant i.e., Honda Civic. The rate had been brought down from Rs. 21.5 lakh to Rs. 13.36 lakh. Hybrid version of the car was not been able to gain market responce insted of the interest profits it made. Thus to gain market attraction it has launched the new price range of the car.
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