Monthly Archives: April 2009

Nano Puts Wheels to Thousand of Dreams

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Nano booking is receiving a tremendous response since day one. And the small wonder has successfully been able to put wheels on thousands of dreams.

When the concept of Nano was introduced Ratan Tata’s vision was left to the drawing board. This legendary automotive man wanted to produce a car for the common man in India and provide them all a safer means of personal mobility.

Excitingly the dream of Ratan Tata turns into a reality when a cobbler Maruti Bhandare from Mumbai first walked away with the Nano booking. Bhandare earns Rs 7,000 per month and lives in a single room with his wife and children. He was over thrilled with the launch of the Nano and when the booking started he was able to make a complete cheque payment of Rs 1.4 Lakh for booking a sunshine yellow Nano.

A drive to the city of Bangalore also shows a similar excitement with many dreams turning into reality. In the city Raju who is a bus conductor was the first one to turn up at the Concorde showroom near Dairy Circle. For Raju buying a car was always a dream but Nano turned its long-cherished dream into a reality.

Apart from Bhandare and Raju there are many others whose dreams of buying a car have come to be true just with Ratan Tata’s vision turning into a reality.

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Maruti Aims to Introduce Hybrid Cars

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With the growing awareness of environment-friendly and fuel-efficient vehicles, Maruti Suzuki plans to introduce a range of hybrid cars in the Indian car market. The range of hybrids will include electric cars and compressed natural gas variants of some of its existing car models.

The car manufacturer has started working on its ambitious plan but it will take about three to four years for implementation. The CNG variants may roll out somewhere in 2010 or 2011 but the launch of electric cars will take longer.

Addition of CNG kit to the cars will make them costlier but even then the desire to introduce such variants is soaring. The key reason is that most of the car buyers across the country today are preferably buying cars that offer them low running cost and better mileage. And most of them are ready to pay an extra cost for better fuel efficiency and reduced emission.

Maruti also plans to introduce the fuel cell technology and is presently conducting research and development on its mid-sized Maruti Suzuki SX4. The car manufacturer is testing its successful sedan for introducing the hybrid technology that is likely to have a mix of fuel cells and high-pressure hydrogen. But this is nothing that you should get excited about as yet there is no confirmation whether the hybrid SX4 will enter India or not. But sooner or later the hybrid version of the SX4 is sure to roll out on Indian roads.

Maruti Suzuki is also evaluating possibilities of introducing electric cars in India. The key challenges that the manufacturer is facing are mileage per charge and price of the car. The company is conducting research to offer longer range of driving with the introduction of electric cars. And when it comes to price Maruti is always known to produce low-cost cars in huge volume.

Though for Maruti it’s a long way to go the company aims to achieve success while maintaining its number one position in the Indian car market.

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Luxury Cars Offer More…

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Hurrah! Interest free loans are being offered on big cars by big players like Mercedes-Benz, BMW India and Audi AG. Volvo’s models come with an interest rate of just 6 percent on its entire line up.

Some of the best selling cars like Mercedes E-class, the new BMW X5 and Audi A6 are bundled off to buyer’s homes with interest free loans. The models also qualify for several other benefits- financial and freebies included.

This is done in a bid to keep the momentum of sales going up this year. In the last fiscal, luxury cars segment, with cars priced over Rs 20 lakh, posted a rise of 34 percent after selling 8,313 cars. This has been the highest growth rate among all car segments in India.

These companies want to keep the sales high and beat recession heat with some attractive incentives. Not only that, Mercedes, which has been pushed to the second position, is trying to better its record this year and wants to maintain its post as No. 1 luxury car manufacturer of India.

Indian car buyers are in for a bonanza, as cars are cheaper than ever before and new launches like Audi Q5, BMW 7 series diesel, Nissan Murano, Toyota Land Cruiser and others are reaching Indian shores pretty soon this year.

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Car Industry May Climb the Positive Track

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With the moving wheel of time the economic scenario is changing and the car industry is gradually climbing up. There are speculations that after months of falling sales the domestic car market will now drive on a positive track with an expected growth of 3 to 5%.

We all have a misconception that the year 2008 was the worst year for the car industry. But if we estimate and compare the figures revealed by the SIAM then we’ll come to know the actual truth of passenger car sales in 2008. Though the growth rate was slow infact the slowest in the past five years the overall passenger car sales experienced a rise of 1.3% in 2008 as compared to the previous fiscal. Despite of all the challenges and hurdles on its way the domestic car market ended with a positive note in the year 2008.

Now when new cars are continually launching in India with more and more numbers of small compact cars the growth rate is expected to rise further by the end of this year. It is also believed that the key factor that may bring the car industry on a positive track would be the compact cars that are receiving demands from small towns and cities of the country. A wide range of small cars are now not driven within any restricted boundaries but are driving to small towns and are really doing wonders there.

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New looks for Mitsubishi Outlander

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New Mitsubishi Outlander Cars In India

Mitsubishi Outlander is one of the best cars that have recently rolled out on Indian roads. The car is doing just wonders in the market but still there are many who are not happy with the appeal and front look of the car.

For many the Outlander is just a plain looking car that evokes no sort of emotions and maybe because of that many don’t feel like buying the car. It’s a well known fact that whenever new thing comes in front of you the first thing that appeals you is the looks.

Now to get rid of the simple look, the car manufacturer plans to jazz up the front fascia with the looks borrowed from the Mitsubishi Evolution X. You’ll still find the same silhouette, same design, but only the nose will be different. And amazingly the looks carried over from the Evo X blends well with the actual design flow of the car.

Though the company decides to give a new look to the Outlander there is no confirmation on whether the Evo-faced Outlander will go into production. And if yes there are no details as to when the market will witness the launch of the new faced Outlander.

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Higher Insurance Premium on SUVs

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New Mahindra Scorpio Cars In India

New Ford Endeavor Cars In India















There is a talk in the town that premium rates for non-life insurance companies are falling by at least 30-40 percent and the auto sector too is enjoying its benefits. While every car segment is enjoying this bounty, SUV owners have only a little to cheer.

Insurance companies have reduced tariff rates for SUVs only by 15-20 percent. Their reason is that generally SUVs are high risk vehicles and command higher claims. Their maintenance is less and they are used for rougher purposes. The general estimate is that for every Rs 100 collected as premium from a SUV, Rs 120 is paid as claim settlement.

SUVs are meant for tougher jobs than any other car model styling. They owners stand to pay more from their pockets than any other car in the same price segment. The higher premium rates are not going to deter consumers who have come to love the SUVs more as every year passes by. Their rough utility and good quality of comfort is liked by urban and rural masses.

These vehicles are here to stay and a little reduction in premium rates will go a long way in making them more popular among younger generation. Hence, those waiting to buy Toyota Innova or Mahindra Scorpio will also have to pay more.

New Chevorlet Captiva Cars In India

Maruti Grand Vitara Cars In India

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Nano Booking Receives Encouraging Response

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Tata Nano is again taken over all the headlines. People are so happy with the Nano launch that they just cannot stop talking about it. Nano bookings have now opened and just in one day the small wonder car received over 650 bookings across various Tata dealerships in Bangalore.

On the first day itself a huge crowd gathered near the Tata showrooms in the city and dealerships were buzzing with potential Nano buyers. The queue to buy the world’s cheapest car was growing throughout the car as more and more people joined the mob including city’s IT professionals, bus drivers, and auto drivers. To your surprise many of the dealerships also experienced bookings from first time car buyers. And this was what Ratan Tata dreamt for when he saw the vision of producing an ultra-cheap car.

Scores of people have made booking for the standard and the top-end variant of the Tata Nano. Most interesting experience for the dealership was that many of the buyers are personally financing the full cost of the car and only a few are opting for a car loan. To ease the finance needs of these people Tata Motors Finance is offering a 1005 loan amount at an interest rate of 12-13% with for a period of 3 years.

What further captures every imagination is that if in one day the scenario is such what would be the total number of bookings at the end of April 23 when the car manufacturer will stop the bookings.

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Iconic BMW X5 at Amazingly Low Interest Rate

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New BMW X-5 Cars In India

Cheers! The iconic BMW X5 is now available at an incredibly low 0.1% interest rate. For all those who love this scintillating and powerful SUV this is a perfect time to drive away the car with pride.

The BMW X5 is a creatively designed mid-size luxury crossover SUV that is penetrated with beauty and elegance in every detail. The powerful engine, efficient transmission, and the intelligent all-wheel drive system along with the dynamic stability control, brake fade compensation, and start-off assistant makes the car win the SUV race. Offering the best of off-road capabilities and outstanding performance the BMW X5 takes you on an incredible journey.

When this incredible journey can be experienced with an easy car financing scheme at an incredibly low interest rate then the joy gets doubled. And this offers you a perfect opportunity to experience the ultimate performance of the BMW X5.

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Skoda Charges Up to Drive into the C Segment

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Skoda has a long lasting presence in the Indian car market with some of the great cars rolled out from its stable. Skoda cars like the Superb, Octavia, Laura, and the Fabia are doing wonders in the market and have also win appreciation from car buyers across the country.

Now the car manufacturer charges up to drive into the midsized C segment where it can spark a competition with the leading sedans like Ford Fiesta, Fiat Linea, Hyundai Verna, and Maruti Suzuki SX4. Till now the company has mainly rejoiced its position in the C+ and D segment but now it desires to enter new segments as well.

Skoda made its first foothold in the premium B+ hatchback segment last year with the launch of Skoda Fabia. And now the desire to drive into the C segment gets stronger. This desire sparks the desire to launch a car falling in the range of Rs 7 Lakh and Rs 10 Lakh.

As the company is gearing up to enter into the C segment you may also find new variants of the Octavia rolling out in near future. There are speculations that the Octavia will be completely modified and positioned in the C segment.

There are no clues as to when the company will launch the new car falling in the C segment but all that is known is the fact that Skoda wants to introduce a strong product that will be aggressively priced to compete in the C segment.

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