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India's largest car exporter and second largest car manufacturer Hyundai India is planning to launch its new model Hyundai Santa Fe to India soon. Santa Fe is expected to launched in two variants – 2.7 Liter petrol and 2.2L diesel. The price of this model is expected to be around Rs. 23 lakh. Despite the global credit crunch the company is some new models in coming years.
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In the starting of recession period in last quarter of last year many auto makers announced their plans to cut down production because of dipping sales figure. But despite the increase in sales in the month of Feb 2009 no Auto maker reversed its plans of cutting down production. The future growth is not certain and because of that auto manufacturers are playing safe by continuing with their production cut plans. In Feb. 2009 the auto sector seen a growth of 8% to 10% compare to same period of last year.
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At the time when world is struggling with volatile fuel prices and future of availability of Fuel(Petrol, Diesel) is looking dark, the idea of fuel efficient cars is gaining ground very quickly. Keeping this in mind many major auto makers Tata and Volkswagen are working on plans to manufacture fuel efficient cars. this trend is clearly visible in ongoing Geneva Auto Show.
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Toyota the leading car manufacturer which has a collaboration with Indian kirloskar Motors is planning to launch its Prius model in India. The Prius Model is expected to launch by the end of the year 2010. The Prius Model is expected to launch from TKM's Bidadi plant near Bangalore. Toyota is expected to launch this model in both 1.2L and 1.3L engine.
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Hyundai India's second largest car manufacturer has launched fifth generation Sonata Embera in India. The new Sonata Embera is uploaded with new Technologies. Many up-gradation has been made in this new fifth generation Sonata Embera.
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Skoda Motors is planning to present its long awaited model Skoda Yeti in Geneva Auto Expo 2010. The car will be launched in both petrol and diesel version. The four wheel drive option will also be available in this model. The petrol variant will be launched in the range of 1.6L and 2.0L and diesel version will be available in 1.9L engine capacity.
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Skoda is a popular brand name in India and it is a part of the Volks Wagen group. Skoda is planning to launch a small sized SUV Skoda Yeti in India in next year. According to group the company is working on plans to launch a sport utility vehicle in India next year.
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Porsche is launching New Porsche Panamera with innovative interiors. New Porsche Panamera is coming with many new luxurious features like a centre consol, The low seating position as well as low-slung steering wheel. In this New Porsche Panamera a lot weightage is given to privacy and safty of all four passanger of all four seats.
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India's leading electric car manufacturer REVA is all set to expend its production in India and around the world. REVA is going through a expension process in India and the company is all set to build a new assembly plant in Banglore. The plant will increase REVA's production up to 30,000 units per year.
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Reva leading electric car maker in India is launching its next generation electric car soon. Car will be launched with a solar panel and Lithium Ion battery variant. According to the company the car will be able to run up to 200 km by a single charge.
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Maruti Alto with low emission level coming soon in India and has claimed to be the lowest emitting five door petrol family car in the market.
Alto is Suzuki's fifth global strategic model and is powered by three cylinder 67bhp 1.0-liter GLS variant. This is first European-specified model to be exported in three years from Maruti Suzuki plant in Delhi, India .
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Government is planning to implement Green Ratings for Automobiles. According to a government official the government is planning to implement Green Ratings for Automobiles which can measure the energy efficiency of the cars of a particular manufacturer . Car manufacturers are not happy with this decision because according to them they can't give the accurate measurement and they can't guess the driving conditions.
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Volvo recently announced Auto Kashyap as its new dealer in order to expend its dealer base in India. Swedish luxury car maker Volvo has registered a showroom in new Delhi in the name auto kashyap India pvt.ltd. And this new showroom will be inaugurated in the first week of feb., 2009.
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Skoda Auto India is going to launch its three new cars in the SkodaFabia series which will include a new sports model and will launch this year. According to company officials the new sports car Fabia Sport line,will available with alloy wheels and newly designed interiors
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Mercedes-Benz sold 62,200 vehicles in january 2008. A total of 53,900 customers choosed to purchase vehicles of the Mercedes-Benz brand in january.In january 2008 Mercedes-Benz cars sold a total of 62,000 vehicles of Mercedes-Benz, AMG,smart and Maybach brand.The inovative two seater, after its success in the U.S. in 2008 will be introduced to China,Brazil and Denmark this year. Its deliveries are increased by four percent worldwide to 8,300 units (january 2008: 8,000). The smart two is currently available in 37 markets on five continents.
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Maruti Suzuki one of the India’s largest car manufacturers may be soon replacing its old popular models like Wagon R, Maruti Versa and Maruti Omni. Wagon R will be replaced with Suzuki’s MR Wagon platform.
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Mercedes Benz has been continuously implementing lower fuel consuption and lower exhaust emissions combind with improved performance.
Mercedes Benz is able to offer its costumer particularly efficient vehicles in all segments of market as more than half of the vehicles that will be sold in 2009 will benifit from the new motor vehicle tax system. According to Dr. Dieter Zethche, Chairman of the board of management of Dailmer AG and head of Mercedes Benz cars the reform of motor vehicle tax system by German Federal Government has given consumers a renewed sense of assurance and restored their confidence.
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General Motors US based leading car manufacturer is planning to launch new Chevrolet Spark in Indian market soon. The company hasn't announced any details about the configuration of the new model. But Chevrolet Spark may come with a 800cc engine. Currently Chevrolet Spark is available in 1.OL, PS, LS and LT variants.
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car Tata Nano is ready to launch and its first slought shell launch from Pantnagar Uttarakhand. According to the news reports the Uttrakhand government officials claimed that there is a commitment from the Tata's side of launching first lot of Tata Nano from Uttrakhand itself.
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Porsche Panamera soon to be launch in India. Porsche the leading luxury automobile manufacturer of Germany is planning to launch its Panamera model in India.
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At the time when global auto sells are at all time low and governments of many auto sector giants are in the need of bailouts the big player of auto sector BMW is optimistic of good sells in India in the coming years.
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HDFC bank is going to lower interest rates up to 150 basis points on vehicle loans from last week of January.The news of cutting in the interest rate came in the aftermath of the announcements of interest rate cuts by many big banks of this sector.
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Bharat Stage-IV emission norms will be effective in India by April of year 2010. Currently in India Bharat Stage-III norms are applicable. Many car manufacturers are launching models according to global norms like Maruti Suzuki’s global model A-Star and Hyundai’s i20.
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Reliance Digital outlets soon will be selling electric cars of Reva which is manufacturer of electric cars in India.
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Maruti has been number one company of the country‘s auto sector. It had made a record in the highest sales ever before. 71,779 units were sold in last year and company was able to book 71,772 cars. Maruti‘s sales graph was seen high with 5.4 percent as compared to the last year. Company sold 67,005 cars in India. Company is making records year by year .These figures revel company’s growth.
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According to announcement made by Mahindra & Mahindra group the January 2009 sells dipped by 21.6% compared to the same period of last year. Company sold 7,611 vehicles in January 2009 compare to the 22,309 vehicles sold in January 2008.
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As number of joint ventures rising and foreign companies manufacturing and assembling luxury cars in India, the imported car sells dipping due to people buying locally assembled cars. The main reason behind this fall is manufacturing those cars in India which were not available in India before.
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Indian Govt. is planning to manufacture laptop at very low price. The main purpose of this product is to fulfill the demand of education centers. According to govt. estimates in the coming years there will be very high demand for education centers and current centers of education too low to fulfill that demand.
Coincidently Tata motors one of India’s largest car manufacturers also launching cheapest car of India Tata Nano very soon.
Volvo has created a name in making eco friendly cars and in the sector of in car emission control Volvo is coming with a series of solutions. "Interior trim materials are not approved for use in our car interiors until they pass our strict tests", explains Patrik Libander, responsible for interior material tests at Volvo Cars.
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British governement put its return responce that they had not discussed the plans for the Tata-owned Jaguar Land Rover (JLR). Another way they are saying that they are willing to discuss about the plans.
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After successfully dominating the Auto market the big name of Indian auto market Mahindra & Mahindra is now all set to enter in retail sector with the launch of Mom and Me stores
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Tata Motors are thinking to take over the acquisitions of Rs.92 billion investments which the company initially made to have the Jaguar Land Rover group brands. These acquisitions will be made in accordance to the Ford Motors in corelation with Land Rover cars.
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Indian battery manufacturing industry - Exide is now all set to supply batteries to India’s most price worthy and news making car - Tata Nano.
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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 new model variant of Porsche Cayenne - diesel variant will come to Asia and Middle East besides the Indian sub-continent. It will be sold in some of the selective European markets from the months of February 2009. Initially Porsche Cayenne was designed for the Indian markets but soon after coming to the International market the officials of the car were pre-desisive to launch it to the international market as well.
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Hyundai Motors India Ltd. is expecting to launch the all New Hyundai Verna in India in the month of January. The New Hyundai Verna will be launched after a change inside and also in front. Along with some changes would also be made to the music system with USB port, etc. It is expected that the New Hyundai Verna will compete against the existing Fiat Linea, which is also expected to be launched shortly in India.
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Mahindra Xylo is going to share its showroom space along with Mahindra Scorpio and Logan Sedan. Mahindra Xylo is the new project name for the Mahindra Injenio. Mahindra Xylo is examined with the option of (Completely Knocked Down) operation in some of the countries of the world which were having some entry strategy.
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Mahindra and Mahindra has now started the production of a model known as Mahindra Xylo, all according to the schedules of the company. This new vehicle will be manufactured at the company's new plant to be present at Nashik.
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Mahindra and Mahindra is presently planning to have their stakes back from Swaraj Mazda. After quiting from Swaraj Mazda the Mahindra and Mahindra group is well planned to sell its stakes to Sumitomo Corporation one of the major company part in Japan.
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General Motors are now coming in the market with their plans to launch some new alternative fuel vehicles. At present they are planning to launch the alternative version of he LPG model of Spark and also planning to launch the CNG version of Aveo all in the coming year's April month. Besides these alternatie fuel options General Motors are also thinking to try for the Bio-diesel as a fuel option.
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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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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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Volkswagen Polo, the next generation car in India to be launched in 2009. It is going to be a new style by the Volkswagen somewhat similar to the scintillating Scirocco, which is a three door coupe.
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Production will be closed for as to start the annual maintenance and that too in the last week of December in the different plants of Maruti Suzuki, situated all across India.
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Ford India was keen to launch their investment plans in the nation of nearly 500 million dollars for that they could have better investment and benifits all through-out. Instead of decreasing investment plans on and off the track Ford has no plans to decrease the fund investments of the company.
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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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Fiat and Mahindra both companies have their head offices in Mumbai and both auto makers had planned to launch their upcoming vehicles Fiat Linea and Mahindra Xylo in this month but due to the attacks they push their launch dates.
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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 »
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