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Friday, 30 May 2008
Tata’s Net Profit is Marginally Down
The heavy investments in abroad, loans and huge investments in the domestic market have made Tata Motors profit down. The company recoded a marginal decline in profit for the fiscal year 2007-08. Earlier in the fiscal year 2006-07, the company had made a net profit of Rs 2,167.70 crore against Rs 2,169.99 crore. The company has gained a total income of Rs 29,214 crore for the year 07-08 as compared to 27,715.22 crore on the year 06-07. After the annual profit was declared, the Tata Motors shares went up by 1.30 percent closing at Rs 634.75 at the Bombay Stock Exchange. It is now looking at future ahead of the annual turnover currently. Though it has seen a small drip in the profit, Tata Motors is on assured path to success as Nano is ready for launch in October. Labels: Decline-in-Profit, Tata-Motors
CNG Replaces Petrol Fuel Engines
As the cost of petrol rises, car owners are looking at alternative fuel supply. While the easiest option is fitting the car with LPG kit, car owners are opting for smoother and zero-emission CNG kits. This is a good news for the CNG kit suppliers in Mumbai, who had very little business coming from this product a few months ago. Some dealers are now fitting kits for up to 35-30 cars per month. The numbers are expected to go up by 25 percent in the next few months. CNG and LPG kits are the best available options in India. While LPG cylinders are available everywhere, CNG filling station are few in city outskirts and no filling is possible in other places. With the skyrocketing price of the petrol, it has become practically impossible to bear the cost. The car owners are increasingly fitting their cars with CNG or LPG kits. Labels: CNG-and-LPG-Kits, Replacement-Of-Petrol
Volkswagen’s New Business Strategy
Volkswagen does not like wasting when it comes to business. The company is asking its vendors to set up their facilities on its own land in Chakan in Pune. It will assist vendors to set up their establishments. The company will be saving transportation costs and time while it can concentrate on production target of 1,10,000 units per year.
It will provide as much as one third of the 575 acres land to the vendors for setting up their plants. The company has lined up more than 6-7 models of car including its subsidiary Skoda and Audi’s cars. Volkswagen will have one of the busiest facilities in Indian once the Pune plant is open. Labels: Expansion-in-business, Volkswagen-cars
Civic Hybrid is finally arriving
After months of speculations and long waiting period, finally the much hyped hybrid car from Honda will be hitting the roads. Honda has declared the date of launch. Incidentally, the launch day of the hybrid will coincide with Honda’s 10th anniversary in India. The Japanese company through its Indian subsidiary Honda Seil Cars India (HSCI) has made Honda a premium name in car segment. As Honda had a successful stint with several models like City, Civic, 8th generation Accord and CR-V, the company is now preparing to launch Civic Hybrid. The car will add an eco-friendly quotient to its brand. The Hybrid will be imported from Japan for Indian consumer. Initially, the company only plans to sell only few hundred vehicles in India. The Civic Hybrid is making its debut in India on June 18 at a glittering function in Delhi.
Labels: Civic-Hybrid, Honda-Cars
Thursday, 29 May 2008
Nano to get Headlights from Japan
Japan has already changed the looks of Indian cars. Ever since Suzuki Motors introduced the M800, then the world cheapest car, the country has never looked back. New and better models have kept hitting the market regularly. Some of the costliest cars manufacturers like Mercedes, BMW and AUDI have their production facilities and huge marketing network here. Now another Japanese company is set to change the way headlamps look in India. Koito and other auto parts manufacturers are employing a completely new strategy to create headlamps for Tata and Nissan small cars. The company is targeting the ultra-low cost car manufacturer where there will be huge demand for low cost (yet powerful) headlamps. With such headlamps, Nano will look cuter. Labels: headlamps, tata nano
Honda Motors to launch MUV
Car companies have a huge market in India. They have successfully maintained a neat portfolio of cars for India. Most of them are urban centric and come with drivability that suits city roads. The SUV have not been liked by many Indians, but only few of them are doing well in Indian car market. Hence, the car manufacturers are manufacturing multi-utility vehicle to get hold of the market. The best known MUVs in India are the Innova and Tata Sumo Grande.
Honda, which is a leader in premium car segment, has also decided to develop a MUV under their badge. Honda is likely to bring a MUV for India. But the date is yet to be announced. Labels: Honda Cars, MUVs
Intelligent Cars from India
With the advent of new technologies in the electronic world, cars are too getting intelligent. Most cars today have power and electronic functions integrated into them. This has made driving easier, compared to the rugged driving of the rumbling Amby. Now Cars are being designed to match the driver’s moods. Many are even diversifying to suit the taste of individual occupants. To get a hold of the fast changing trend, Tata Elxsi, a product design services domain is developing path breaking features for the cars. Some of the technologies being developed by the company are bending light that helps driver to get clear visibility while taking a curve; body temperature measuring device that adjusts the air-conditioning levels for the driver and for each passenger. Sounds great! India is also coming up with new technologies. Well, Indian companies are preparing themselves to beat foreign competitors. Labels: New-technologies-in-Car, Tata-Elxsi
Accord gives Attention to Rear Seat Occupants
The new Accord is practically luxury on wheels. Honda has tweaked the car in every corner and has given a new refreshing look. The car is now available in India. The new Accord is refreshingly new compared to its predecessors. It can be termed as the best in D+ segment.
Since such cars in India are driven by chauffers, the company has paid attention to rear seat comfort. The legroom is so large that an adult can stretch his legs and the back and the thigh support is also very relaxing. The rear seat passenger gets independent air vents and rear seat air conditioners; this feature is noticed only in Mercedes. Rear seat audio controls have also been placed for back seat passengers. The car is more refined and rear seat occupants experience a smooth ride. It looks like Honda revamped the Accord features to suit Indian conditions. Labels: New-Accord, Rear-seat-occupants
Wednesday, 28 May 2008
Hyundai Likes to Pamper its Customers
Hyundai, India’s second largest car manufacturer is in news again. Hyundai had always come up with new schemes to impress customers. The company has met with great success with these initiatives. Now, Hyundai is back with two new offers. The company has launched two extended warranty schemes across the country. One of the schemes named Powertrain will takes care of the engine and transmission while the other called the comprehensive scheme will take care of all mechanical defects including engine and transmission. The two schemes will be valid for five years or 1 lakh kms whichever is earlier. Hyundai car owners have to pay marginal fees to avail these services. This will surely attract more buyers. When car manufacturer is ready to take responsibility for its products, the car owners have nothing to complain. Labels: Hyundai cars, New car offer
Freebies with Maruti Cars
Car companies are introducing discounts and freebies to attract car buyers now a days. Most dealers find it difficult to sell a car without them. In fact the discounts and freebies are more than the hike in prices announced lately. The price hike seems to have taken a back seat and rampant sales are reported from leading manufacturers. Though the Maruti Suzuki India has complained the most about increased inputs costs, it is quietly offering freebies to its car buyers to maintain its favoritism among the buyers. People buying a Zen Estilo stand to get a 100 percent insurance at a price of Re 1. Also on the offer list is a free music system worth Rs 6000. If you are exchanging an old Maruti car for Zen Estilo an exchange bonus of Rs 10,000 is being offered.
Buyer can also get the popular car Alto with offers like free insurance, 4 percent loan discount and an exchange bonus which is up to Rs 35,000. Maruti knows how to keep customers happy! Labels: Discounts-on-Cars, Maruti-Suzuki-Cars
Mitsubishi’s New Stylish Lancer
Mitsubishi has become very active lately. After completing 10 years with just a couple of models, the company is suddenly flooding the market with its new cars. It has recently launched the premium sedan Cedia and SUV Pajero. It also plans to release Mitsubishi Evo and a MiVEC in the market. The sedan Lancer is already in the market to remind people of its presence.
But now the company has decided to launch a re-modeled Lancer by 2009. The car is said to be sportier and more striking than its predecessors. The new lancer will reach the Honda Civic proportions. It will be available in two types of engine puffing out 140 bhp. The interiors have been re-designed to feel completely new. The car will be priced in the range of Rs 11 lakh to Rs 13.5 lakh. The lanky Lancer will not only deliver performance but also style. Labels: Mitsubishi-Car, New-launch
Tuesday, 27 May 2008
Fleet Owners Get Insurance Benefits
Getting an insurance policy for your car is a cumbersome process. As per the law, it is mandatory for cars to be insured before venturing on to the roads. While PSU still stick to the old rules, the private sectors are taking the lead. India’s largest private general insurer ICICI Lombard has started a new claim service scheme called “the red carpet” for customers who insure 50 or more vehicles. The scheme entitles the customer file for full claim without any deduction and less stringent survey if the assessor fails to turn up for customer appointment with six hours. This is the first time that an insurance company has introduced benefit for large fleet owners. With the introduction of this policy, the ICICI is giving a new direction to motors insurance business in India. Labels: Car Insurance, ICICI Lombard
Nano’s Premium is Also Low
Tata Nano has been known worldwide for its price. Once it was unveiled on January 10, 2008 at the Auto expo, it has captured the imagination of all first time car buyers. The Nano comes so cheap that almost all two wheeler riders and middle class section of the society can afford to buy. But the cost of a car is not its factory price alone. There are also other cost like dealer prices, duties and excises, taxes and insurance payment. Insurance companies are working overtime to calculate the monthly insurance premium. But nobody is sure how much it will actually cost as it is yet to hit the roads. Insurance in India has been calculated using the value of the car and its cubic capacity as parameters. But being a small car with ultra-low cost it assessed that the insurance premium will be as low Rs 2000! With such a low premium, Nano buyers will have one more adavantage. Labels: Low premium Charge, tata nano
Monday, 26 May 2008
Nano Gets Cheapest Airbags
Tata Motor has tried hard to develop technologies at rates that were not imaginable before. After Nano has earned the title of world’s cheapest car, Tata is again creating history by developing low cost airbags. These airbags will cost $10. A global component supplier will manufacture the Airbags. The other expenses will be taken up by the company. It can then be market as the world’s cheapest airbags. Nano has not only opened a new segment of consumers but also opened a new line of research which will reduce the overall cost of cars worldwide. Labels: Cheapest Airbags, Tata Motor
Argentum Wants Electric Car
When new and established car companies are hesitant to come up with eco-cars, a new Indian venture is planning to showcase an electric hybrid car at the Paris Motors Show scheduled to be held in October. Argentum Motors, India’s largest automobile contract manufacturer has asked a French automotive design company to develop an electric car. The French company Heuliez is a leading design company but is reeling under bankruptcy from the past six months. With this agreement, Argentum Motors will not only bail the French company but also gain access to the European market with an eco-car. Argentum, set up in 2007 has stepped up promotion as a contract car manufacturer for luxury and super luxury cars in India. Labels: Argentum Motors, Electric Cars
Electric Cars are the Future
It seems like most car manufacturers are finding it difficult to develop a workable electric car. They are trying to develop electric cars that will be more powerful and cost effective. As the car makers are struggling with the new technologies, the electric cars themselves are getting upgraded everyday. Bangalore based Maini Reva has already proved that electric cars are workable. They can be easily motorable in urban cities. Now more and more car companies are joining the race to develop electric cars as it is the cheapest option. General Motors is likely to launch the high profile electric car Volt in a year’s time. With increasing green house effect and air pollution, car manufacturers profess emission free cars may become a reality in near future. Labels: Electric Cars, Maini Reva
Hyundai Cars will Cost More
The rising inputs costs have already added pressure on the car companies to increase the prices of products. The car companies which had whined about the inputs costs have announced their new prices. The most prominent among them were Mahindra and Mahindra, Maruti Suzuki, Hyundai and General Motors. The first two among have already announced the increase in prices. The latest in the list is Hyundai, which as hiked the prices by 2 percent. Hyundai has tried to match Maruti in price hike. The quantum of increase in prices appears to be the same for cars in similar segments. This will be the second time this year that car companies are going for hike in prices. Labels: Hike in price, Hyundai cars
Friday, 23 May 2008
Is Civic Emission Free as it claims?
All those fans that were looking forward to buy Honda Civic Hybrid should be cautions. How different is the car from normal petrol/diesel run cars? Is it really produced less emission as it claims to be? These questions were raised by auto experts in US who made a study on the aspect. The company claims that Civic Hybrid has one of the lowest car emissions of 109g/hm of CO2. This is even mentioned in the international websites. However, during a study it came to light that the emission was actually 171g/km of CO2. This is much higher than the standard rating of less than 140g/km. Honda will be bringing its Civic Hybrid to India soon. So all those environmentalists who thought that Civic hybrid was the answer to all environmental issues need to re-think about it. Further, the Civic Hybrid will be costlier in India than in other countries as import taxes of 114% will be levied as soon as it lands in India. So think before twice before you buy the car. Labels: Honda Civic, lowest car emissions
Skoda Roomster Breaks the Mould
If you’re open to new things, then go for the new model of Skoda. The car will be the first ever new crossover model in India and is aptly named as ‘Skoda Roomster’. Effectively two cars in one, the Roomster hits the spot, both as a multi-passenger vehicle (MPV) and a hatchback. The new Skoda Roomster is a brilliant car to drive and fun too. You must have heard of the old saying - “Looks can be deceiving,” and in this case, it’s certainly true. Although, it has a tallboy stance, the Roomster’s stability on the road is unbelievable. It has all the features that a buyer will admire. Moreover, the car is practical, cheap and fun to own. If you are looking for of an amazingly versatile and effective interior load space with excellent safety credentials, then the Skoda Roomster is the perfect car. This cute little car comes in three variant levels which are simply called Roomster 1, 2 and 3. There is a pleasant variety of engine power available. Petrol engines available with the car are of 1.2-litre, 1.4-litre and 1.6-litre capacities. A larger 1.9-litre diesel engine has a nice output of 105 bhp. All variants are available with a five speed manual transmission. The estimated starting price of the Roomster in India is expected to be Rs 9.5 Lakh (Ex-showroom Delhi). Labels: New launch, Skoda Roomster
RIFD to Track Traffic Violators
The city authorities in big cities are very much worried for the traffic problems. Traffic congestion is becoming increasingly difficult to handle. Traffic police are finding it difficult to catch traffic violators, due to their enormous numbers. Tracking them down requires a whole army of dedicated staff and technology. The transport department in the urban development ministry is planning of integrating radio frequency identification (RIFD) to cars. Once installed, the device will help to track the violator’s car number. Relying on the report, traffic police could charge the car owner for violating traffic rules. Violating traffic rules may not be fun anymore for the youth. Labels: Radio frequency identification, Traffic problem
Indica in a New Avatar
Tata Motors is now modifying its cars. Tata’s flagship model Indica continues to innovate itself to suit contemporary times even though it is over 10 years old now. The auto sector was ready to write Indica off from list of cars available in India and in the mean time the car has revamped itself in to a new avatar. The Indica V2 Xeta now comes fitted with a dual fuel engine-petrol and LPG and the price is still the best in the industry. The LPG variant will improve fuel efficiency considerably. Maybe with a petrol full tank and an LPG kit, the car needs no re-fuelling. It will make Indica a rare visitor to the petrol bunks. Labels: Indica V2 Xeta, Tata Motors
Thursday, 22 May 2008
Revai is now Cheaper
If you are planning to buy an eco-friendly car, then it is the right time. Maine Revai, the electric car company has now announced a special offer for Bangaloreans. The company has offered a starting price of Rs 2.49 lakh that is flat cut of nearly Rs 1 lakh. The electric car has zero emission and can run of 200 kms on a single charge. Revai is also the highest selling electric cars of the world. This has been the most attractive price offered by Maini Revai since it has been launched. The car is motor able on city roads and best for those who travel very little outside the city. You can also avail ICICI car loan which will provide an EMI of Rs 2222 per month on Revai. The car is also a better option when compare to other green cars. It even scored better upon hybrid cars which are not 100 percent emission free. Labels: Maini Reva, Price reduction
Beaver: A Super Fuel Efficient Car Coming soon in India
Here’s one good news for all those who were looking for an affordable, stylish yet the most fuel efficient car. Delhi based AKSA autotrade in a joint venture with Canada design company CKE technologies is bringing a car worth $4000-$8000 (approx Rs 3 lakh) and expected to have mileage of 50 kms per liter! Named as ‘Beaver’, the car will have an all aluminum body, which will reduce the overall weight and increase fuel efficiency. Aluminum is mostly used in airplane body, race cars including F1 car to reduce weight. The car will come fitted with 800cc 5-cylinder radial engine churning out 60 bhp power. It can be converted into either a battery operated vehicle (BEV) or plug in hybrid car (PHEV). Beaver will be positioned as a premium small family car in India. It will be manufactured simultaneously for India, China, US and European markets. Labels: Fuel efficiencient Car, Launch of new car in India
Maruti Wants an Image Change
There seems to be a general trend to make bigger cars for India. The Accord is the latest in the list. After Swift turned into sedan Swift Dzire, the companies do not want to stick to the small car trend anymore. Maruti Suzuki is a leading name in small car, but now it is trying to change the image. The company now wants to be known for bigger cars. The parent company, Japan’s Suzuki Motors is taking several steps to promote its premium cars. Maruti is hiring new staff in marketing to promote its premium cars. It is also recruiting engineers to work on premium cars that start from Rs 7 lakh and above. The company plans to tap the high end market with its new products. Labels: Maruti Cars, Premium Cars
Maruti Raises Car Prices
The price hike was waiting to happen and it has been announced. All those who were planning to buy a Maruti car later this month will have to pay more. The short duration when car prices went downwards is now history. All those who purchased cars between the months of March and April have got the best deals ever. All those prices that were reduced have been brought back with higher hikes. Maruti Suzuki India has announced a price hike on all its models. The prices are now increased by Rs 18000. It is the highest for its Swift range of cars - Dzire and hatchback. While the former prices have been increased by Rs 18000 for the diesel version, the latter is hiked by Rs 15000. Even the age old M800 has become costlier by Rs 15,000. Mahindra and Mahindra hike in prices have come into effect from May 19. Now Maruti has gone the same way. Labels: Maruti Cars, price hike
European Cars Love Indian Roads
European car manufacturers are becoming more Indian crazy. European cars are also striking a chord to the Indian car market. The cars are luxurious and stylish in every segment. They stand out for quality and reliability. Many manufacturers have opened their base in India to reach out to the Indian customer more effectively. While many have increased their targets for India, others are coming up with India specific cars. Skoda India recently announced that it is developing a small car priced around Rs 3-5 lakh for the Indian market. BMW has already started marketing its cars with Indian flavour. Mercedes-Benz has upped its target for India and promise to give more luxury cars for the people here. These car manufacturers have just started and already appear ecstatic. They are finding new opportunities in India which was not present before. The car industry has paved the way for new International players to get in to the Indian market which in turn provide a new direction to the Indian economy to rise. Labels: European Cars, Indian car market
Wednesday, 21 May 2008
Tata Motors enters US contest
Every now and then it is making news in the global market. It has now gone to US to drive in an eco-car. Tata Motors has entered into an automotive contest in US organised by New York based Progressive Automotive. The condition to participate in the contest is that the cars should have mass appeal and the candidates must have a capacity to mass produce them. The car should be able to achieve 100 miles per gallon fuel equivalent. Tata Motors UK has applied to participate in the contest. Many European car companies have already shown interest to participate. With so many high profile companies participating in the context, the prize money is also huge. Labels: Tata Motors, US Contest
Zen Estilo: A Car for All
Review 1: Zen Estilo, the name speaks the story, the most reliable car that Maruti have it in their stores. It’s a car with awesome looks, fuel efficiency & reliability. It has got the WagonR engine which is widely accepted. If we rate it in terms of overall efficiency whether it is handling, fuel efficiency or looks, it will definitely rule the chart. Review 2: No doubt Estilo has stunning looks, exactly what I wanted it to be. Also its beige interiors are really decent that gives me totally different experience. I feel like as if I am sitting in a big car in price of small car. Review 3: It is almost same as wagon R with a lot more features added. I personally feel it as a good option if I have to buy a new car. It has good brand name and equipped with all features. Maruti word speaks itself, it has good after sales services with more resale value. Review 4: Its aerodynamic shape has revamped the meaning of small car. Getting this kind of design is difficult in this segment. Not only its looks, but also its superb engine has made it best in its category. Review 5: Zen Estilo comes with a bundle of features. It has got snazzy headlights, front grill, stylised rear lights, fog lights, and electronic side view mirror. Its AC has sub-cooler condenser for extra cooling. It has also fantastic engine. I can feel the better drivability in almost every road conditions. Review 6: Overall its worth for money. Its beige upholstery gives a feel of luxury car and this entire beige interior are standard in all variants. If we talk about the interiors its each component is designed to give the car that sexy appeal. I found it great. Review 7: I love this small sexy car. It has so many small things which are of great use. It has cell pone pocket, can holder, bottle holder and 4 door speakers. Also some of features are quite attractive like it has a sporty gear shift knob, chrome finish brake lever vanity mirror and a sporty antenna. All these things are hard to find in a small car. Review 8: Zen Estilo looks great when it is customised .If we put rear spoiler, rear skirtings, it gives a sporty look. To give it more sporty look we can use front & back under spoiler. The whole concept of car is so flexible that allows modification with style. Review 9: I really impressed with colors available in Estilo. From basic silver & black till bright red & purple. Basic color suits guys and flashy girls. Review 10: The best part of Estilo is its looks. Its funky, college type looks are really eye catching. It is that kind of car which every youngster would like take it to his or her college. Review11: If we compare it with WagonR, it is for sure a better car. It doesn’t have that blind spot as WagonR have in front. It’s a total revamp of WagonR with stylish looks. It is more comfortable in driver's seat. Review 12: Getting in and out in Estilo is easy if compared with earlier Zen. This is useful for person who has good height or a bit overweight. Not only this. It has a got boot space which is quite useful for people who travel a lot. Review 13: Some people says that rear seats are less spacious, but I think that for a middle family a car with more mileage is more important than for 1-2 extra inches at the back. It’s a car with great looks and a good mileage except these small issues which can be overlooked. Review14: Estilo can be called as today’s generation car with all luxurious amenities in small segment car. It has a great design, looks & has a better technology. It is also available in wide range of colors. Review 15: Its interiors are sober. It is an eye catchy stuff for first time buyers. Not only looks, but its engine performance can push its sales. Carazoo has noted that the content is taken from different websites and clubbed together to summarise the Review.
Submitted By: Rohit Wadhwa Labels: Car Review, Zen Estilo
Insurance Premium Get Cheaper
Paying insurance premium is one of the burden duties of a vehicle owner. So far, the Insurance companies have been rigid with their premiums. They even classified their premiums based on vehicle segments. The Insurance Development and Regularization Authority is now charging fewer tariff. This has made premium payment hassle free for the car owners. The general insurance companies both private and public sector are offering discounts to car owners who have made no claim in the past. They are now providing discount of 40 percent on annual premium. This is a huge reduction! The insurance companies are not only encouraging safe driving habits but also promoting compliance to safety rules. If you are one of them, then go along and grab the discount. Labels: Insurance Premium, reduction in insurance premium
Ferrari to Launch Convertible Next Year
This one is not for India, but Indians will love to read about it as Ferrari fever has already started spreading in India. Many from the creamy layer are looking to own a Ferrari as soon as it is available in India. But the Ferrari fans can still keep tabs on what is happening in the rest of the world. Ferrari will be unveiling its first hard top convertible at the Paris auto show next year. Named F430 Scuderia, the V8 engine powered car will burn fuel from 0-100 kmph in less than four seconds. The car will be the costliest one in Ferrari’s portfolio. So, it is meant only for those who are the masters in driving and business. Labels: Ferrari convertible, New launch
Tuesday, 20 May 2008
Future of Cars
The new accord is bigger than its predecessor in every direction, obviously it’s a good thing because it has got more space, features & more importantly presence, but the question is how long are the manufacturers going to make their cars bigger. Civic used to be a pint sized hatch years ago, now it’s a full blown sedan. As the days go by, traffic has become big nuisance & bigger cars would certainly not help. Going by this trend the accord of 2025 would be as long as a Maybach 62. Parking is difficult & with more cars added every day, even rich people would go for small cars soon. Surely, cars are safer & better built these days, but they are becoming bigger & bigger which would cause even greater traffic problems. The solution is not to increase the size with every new model, but comply with the latest technologies. Sometimes being bigger is certainly not better, better buy REVA! Submitted By: Somnath chatterjeeLabels: Future of cars, small cars
Hyundai Too Wants an ULCC
It looks like ultra-low cost cars are raining in India. Ever since, the Tata Motors had shown the way for ultra-low-cost car, many car companies have jumped into the bandwagon. The concept has opened a complete new segment of buyers. However, these noises had been initiated by car manufacturers, who traditionally concentrated on small cars, before moving to ultra-low cost cars. Recently, Renault-Nissan group announced its tie-up with Bajaj Motors to develop an ultra-low cost small car and pegged the price to $ 2500. Now, Hyundai which already has a successful stint with Santro, Getz and i10 will also launch an ultra-low cost car. The car is likely to be launch in 2012. Now the consumers not only has the Nano, but a line up of ULCC - Bajaj ULC (codename) and Hyundai’s ultra-low cost car are among them. Is three enough? We need more! Labels: Hyundai Motors, Ultra-low cost Cars
GM Forays into Used Car Market
After successfully introducing itself in the Indian new car market with all its fabulous schemes and offer, the General Motors is now moving towards used car market. The big players like Maruti Suzuki, Hyundai, Honda, Toyota, Ford already have their pre-owned car outlets. These companies not only continue to offer services to new car buyers, but also for pre-owned car takers. GM would also try to generate new car sales through its old car outlets. It is also a step in the direction to capture 10 percent of Indian car market in a short duration. GM also plans to establish certified used car outlets. Simultaneously, GM continues to set up new dealerships across the country and constructing a second plant at Talegaon in Pune. It looks like GM wants to capture the whole of Indian market. Labels: General Motors, Used car Market
Tata Employs Robots for Car production
Tata Motors is now coming up with new automated assembly line operated by robots at its plant in Pune. The new automotive line will employ 326 robots in a single line. This will also reduce the production time per car. Earlier the company has 70 robots per line. Honda is another company that has used robots for production at its plant. Mercedes-Benz in Germany has similar unit operating at its plant. Tata Motors looking forward to enhance the production and bring down per-car-time-spent to just one minute! This may also help to roll out the Nano quickly in the market. With this Tata Motors will be able to roll out cars like soaps and detergents. Labels: Robots in car plant, Tata Motors
Monday, 19 May 2008
Honda to Launch Civic Hybrid
Few cars companies have been able to maintain a strong brand image over a decade as Honda. The Japanese car company Honda is associated with premium sedans in India. The product portfolio is short with only four models: the City, Civic, CR-V and the Accord. The company will be celebrating 10th year of its presence in India. On the decennial anniversary, the company plans to roll out the eco-car Civic Hybrid. Since the car will be imported, it could cost higher in India, than in US or Japan. The Civic Hybrid is 60 percent fuel efficient. The car will be a complete solution to greenhouses gases in India. However, its price could be a factor that can affect sale in India, which is the hub of low-priced cars. Labels: Honda, Hybrid Car
Car Safety Test Should be Open for Public
We are hardly aware of our car safety ratings. Recently, an online automobile magazine in US reported and showed how small car Fortwo undergoing a crash test. The test revealed that the driver remained protected under some strenuous conditions. Safety standards are really strict in USA and other developed countries like Europe and Japan. Car companies go to great lengths to provide safety for occupants in these countries. The safety rating affects its success in the car market. This also hinder with the car’s annual insurance premium. But such tests are rarely conducted on any vehicle in India. Even if it is conducted, car buyers will not have access to the reports. There is no source which provides the information of crash test to the consumers. But it is the customer’s right that such findings should be revealed. People in India are not even aware if any safety standards are there at all. When Tata Nano was launched, Chairman of Tata Group Ratan Tata told that Nano had passed the crash test. There were no video clippings or reports that reveal customers under what conditions and parameters the ultra-low cost car was given the certification. It is now high time for Indian car manufacturer to wakeup. They should focus more on safety standards. Labels: car safety test, Safety standards
Nissan Looks at Newer Segments
Nissan now plans to come up with entry-level cars for its global market. So far, most of its cars have been utility vehicle or super luxury utility vehicles. They come with the latest engineering and safety technologies and amazing designs. Nissan has overlooked the small car segment for a long time, even though it is based in Japan. Nissan’s biggest markets have been US and Western Europe. The company now wants to get in to global market by introducing entry-level cars, which will help to attract customers from larger section of the society. Nissan has shifted its gaze to smaller markets like India and Thailand.
Will Nissan could be able to repeat its success story in the small car and ultra-low cost car segment? Whether it will be able to make affordable cars in the same price range or not is an interesting development to watch out for.
Friday, 16 May 2008
Tata’s Legal Hurdle Solved
The Apex Court has finally passed a verdict on the Singur land in favour of Tata Motors. The company has won the case after a long battle with the farmers. Earlier the company had planned to manufacture Nano only at Singur plant. But since the agitation went out of hand of West Bengal government, the car manufacture had gone on a back foot. However, the company did not abandon the plan completely. It has hired local people at its facility and trained them. The company has even helped related business houses to set up plant in the neighbouring lands. Tata can now concentrate on its project and increase the production of the Nano in Singur, without any legal problems. It has not been easy for Tata since its got land for its ambitious project, the Nano. With the announcement of the verdict, the company has now a sigh of relief. Labels: Singur plant, Tata's legal hurdles
Ford’s 2nd Plant in India
India is already a hub for several international car companies. Many have chosen it to access Asia-Pacific regions, while actively marketing their products. Some car companies like BMW and Hyundai have preferred India over China. American car companies like General Motors is now busy erecting its plant near Pune. India is one of the fastest growing car markets in the world and is likely to be the 4th largest market by 2014. Ford Motors is also in the race, which already owns a facility in India has recently opened its second plant near Chennai. The facility will manufacture Ford’s 1.4 liter Duratorq engine for its Fiesta and Fusion models. With this facility Ford will have a firm grip over the market and the production. Labels: Ford Motor, new car plant
Audi Expands its Target
German car manufacturer Audi is presently focusing harder on India market. The company now targets to sell 1000 units in 2008. It has already sold over 300 units and reaching the new target seems to be a very conservative estimate. Audi had created a successful image since it entered India. This is evident in the fact that it has five models in its portfolio for India. The cars are hugely popular among the youth, who proudly flaunt the four rings.
As the country continues to drive the company performance upwards, the company now seems to be keen to contribute something back to it. It will launch a new A4 sedan in July this year. Labels: Audi Cars, Car sales
Accord is Also a Hybrid
The 8th Generation Accord is a kind of hybrid vehicle in India. It gets an E10 engine which is fueled by 10 % ethanol and 90 percent petrol run. This car will be manufactured in India at Honda facilities. Thus, the car will also be eligible for benefits given for hybrids as announced by the Union Finance Minister in the Budget 2008. The 8th Generation Accord is also costlier by Rs 2 lakh compared to its previous models. The cost is increased due to the introduction of new engine which saves petrol when idling and at traffic signals. The much awaited Accord will hopefully herald the hybrid range of cars in India. The car cannot be positioned against the more powerful Honda Civic hybrid, but is in the same line as it is run by the combination of fuel (Petrol and Ethanol). Honda needs to bring in many more of such cars to India. Labels: Honda, hybrid cars
Thursday, 15 May 2008
Beware of Mumbai-Based Skoda Dealers
Beware of some of Skoda India's authorised dealers in Mumbai. One particular Skoda dealer in Mumbai was caught red-handed in stealing and swapping original spares of Skoda cars with fake spares. The theft is so rampant that the dealers even swap critical parts that endanger the lives of the passengers. Skoda India is aware of this, but is not taking any action against the dealer. Skoda owners and new car buyers beware of such dealers. If you have ever visited an authorised Skoda dealer in Mumbai and are having troubles with your car after this, please get it checked from some other dealer for fake spares, tampering, etc. Submitted By: Skoda Owner
Labels: Fake spares, Skoda cars
Microsoft Based Music System in Hyundai Cars
IT crazy and car freak people will love this news. Microsoft and Hyundai have recently entered in to agreement to develop the next generation in-car entertainment system. The in-car entertainment will be based on Microsoft auto software platform. It will be similar to mini portable computers and allows consumers to enjoy music in different digital formats. It will also allow the consumers to upgrade new function and innovate it according to their taste. The music system will be installed first in top end Hyundai cars in the US and later in Asian countries. But as all know that the time gap between the release in US and in India is narrowing down, car buyers could actually get their hands on it soon after it is released. It could actually personalise the music formats to every car. Hyundai want to attract young crowd with this new feature. Labels: Hyundai cars, music system in cars
Mahindra and Mahindra Hike Car Prices
After Maruti Sizuki and Honda, it is now the Mahindra and Mahindra to raise car prices. The prices of raw materials such as steel, aluminum, rubber have seen a sharp rise of 25-30 percent since January 2008. This has added pressure to the already squeezed car sector which has been witnessing decreased new car sales. Mahindra sources its materials from Indian vendors which were deeply hit. It will bring the new prices into effect from May 19. All the serious off-roads and potential Scorpio buyers who were planning to buy these cars can go for it now. Labels: hike in car's price, Mahindra and Mahindra
Renault-Nissan-Bajaj Trio Reached a Pact
We had heard lot about the Bajaj Lite and Renault’s small cars project. When the Bajaj-Renault agreement ran into rough weather, it seems that the car had gone into oblivion. Even the tri-party agreement between Renault, Nissan and Bajaj seemed to be headed nowhere. But now the sun shine on the ambitious small car project is back. Bajaj-Nissan and Renault have formed a joined venture to develop the low cost car. The car will cost Rs 1 lakh and is likely to hit the road in 2011. So far, the car is under development and so is the plant in Chennai where manufacturing of the car will take place. Renault-Nissan-Bajaj small car will soon be ready to compete Tata Nano. Labels: Renault-Nissan-Bajaj agreement, Small Car
The Next Generation Accord Arrives
Finally, the 8th generation Accord has arrived in India. The announcement was made on Tuesday by the officials of Honda Siel Cars. According to initial reports, the car will be available in three variants – Accord 2.4, Accord 2.4 Elegance and Accord 2.4 Inspire. The prices would start from Rs 16.49 lakh (ex-showroom Delhi) and go up to Rs 18.14 lakh. The new accord is Rs 2 lakh costlier than its earlier versions, but it also comes packaged with latest interior and exterior features. Honda has tried to make the 8th generation car looks radically different from its predecessor. The new car comes with a lot of goodies like the new i-VTEC engine, advanced gearbox and hybrid fuel combination of ethanol and petrol. The fuel efficiency has also improved by 8 %. May be the car proves to be the best saloon to enter India before the Fiat Linea does later in this year. Labels: Honda, new car launch
Wednesday, 14 May 2008
BMC Fumes on Cars
The sudden flow of cars not only causes traffic jams but also slows down the movement in the roads. The Town planners in India blame cars for traffic congestion in the cities. The undisciplined driving habits along with traffic congestion resulted in complete chaos. The introduction of Maruti 800 in the 80’s and later by more up market cars by different car manufacturers had hardly made an impact on traffic. But since 2000 the car industry has been on an upswing, and it has not stopped so far. The town planners are not happy with the increasing numbers of cars. The Brihanmumbai Municipal Corporation has now proposed to impose tax on cars that run during peak hours. They envisage that such a tax would force people to use public transport. They are also looking at the traffic problems that low budget cars will create. The draft is still pending and is likely to be heard by the corporation this week. But if passed, it will be a blow to car users, who have just started enjoying its fruits. Similar laws could also be passed in other Indian cities. Labels: Tax on Cars, Traffic Jams
Tata’s Policy for Nano
The world’s cheapest small car, Tata Nano, created several emotions in several countries. While it was the cutie that all eyes at the Geneva Motor show in March followed, it created fear in North American countries of overtaking their domestic products. It braved a lot of criticism by environmentalists when it was unveiled in January 2008. Even though it is not yet launched, it continues to make news in several countries for various reasons. However, Tata Motors, in response to remarks stated that the Nano is not likely to touch the US market; Tata will only market the Nano in promising countries. Tata has always given priority to its Indian market before its African, Asian and European markets. We will have to wait and see if the same policy applies to the Nano. Labels: Policy for Nano, tata nano
The Ferrari Magic India Discovery Tour
The idea of owning a Ferrari is considered as the ultimate statement by many in India, even by those who do not own a car. People in India have got a glimpse of Ferrari only in F1 races. True Ferrari cars come with FI gearbox and superb power, but that is for those who can afford its fantastic price as well. There were rumours that the car will arrive in India by 2008, through its parent company Fiat. But the idea was shelved due to some reason. The company chose to get a first hand feedback on Indian terrain. Thus was born the Magic of Discovery of India. The Ferrari’s Magic Discovery of India has completed its course of over two months in India. The two 612 Scagliettis covered a total of 13,000 kilometers in over 70 days. Started in Feb last week it reached its last destination the Taj Hotel in Mumbai on May 8. Similar event were conducted in 2005 under the name China 15,000 Red Miles tour, the Panamerican 20,000 tour in 2006 and last year’s 60th anniversary around-the-world relay. The event was supported by Tata Motors, Tata Consultancy Services, Taj Hotels, Shell, Fiat India Pvt. Ltd., Alcoa, Pirelli, Saima Avandero and OMR. The cars have come back with lot of stories to tell. We hope that most of them are positive. Labels: Ferrari Magic India Discovery Tour, indian roads
Maruti Suzuki Pulls Car Sector Forward
It is commendable that Maruti Suzuki is leading the total car sales of India. It is the only company which keeps repeating its success year after year, while other big names continue with dismal performance. Maruti still comprises half of the cars sold in India. It has surpassed its April 2007 sales figure by 22.4 percent. However, the entry level sedan segment, upper mid-size segment and premium segment have all recorded a decline in sales. Its small cars Alto, Wagon R and the entry level sedan Swift Dzire have driven sales up for the car sector in India. Maruti continues to be the leader who leads from the front. It is due to the innovative vehicles, super networking and cheap cost that has increased car sale in India. If these options were not offered to the buyers, India would have been light years away from car consumerism that we witness today. Thanks to Maruti Suzuki, the country is now acknowledged as one of the biggest market in the world for cars. Labels: Car sales, Maruti Suzuki
Tuesday, 13 May 2008
Honda Reviews Annual Target
The sales performance of the company in the last fiscal year was not very good. Stalling production of 7th gen Accord is one of the factors. The company had stopped production in December. However, the company officials were aware of the rising graph of car ownership in India. But the market soon lost all charm and the auto sector showed a downward trend.
The fluctuating Indian car market has created thought lines on the foreheads of Honda officials. They now think that their earlier target of 90,000 units per year is not feasible. They are now set to review the earlier target and planning to replace it with new one. All of it is not very negative. The launch of new Accord has also created a positive effect on Honda sales. The reasonable price bracket of Rs 16 lakh to Rs 18 lakh, which is largely governed by SUV, will add good reason for Accord sale. Accord will be a breath of fresh air for Honda’s sales graph. Labels: honda accord, Indian car market
Fiat’s Interest in Indian automotive OEMs
Indian is already known as a hot destination for cheap OEM components. The car OEM component business is one of the fastest growing sectors in the country. The vendors here source not only to domestic brands but also to foreign made cars. The need for manufacturing the components is due to the fact that they are cheaper by 15 percent than other countries. Exports of auto components have increased by 25 to 3.6 billion in the last fiscal year. In order to take advantage of this, Fiat Group has planned to source 250 million euros from current 30 million euros, which is eight times more than its current buy. Fiat has formed a team of eight which will be increased to more than 50 persons in a few months, to sources vendors for OEM components. Fiat owns some of the best known brands Aston Martin and Ferrari. By sourcing products from India, Fiat plans to become more competitive in the market. Labels: Fiat Motors, Indian Automotive OEMs
Skoda Superb to Hit Indian Roads
The premium luxury sedan Skoda Superb will be available in a new avatar by the end of this year. The Indian version of Superb will be based on Volkswagen Passat platform. The Superb will be available in petrol and diesel version with a V6 engine. It will also come with a DSG gearbox with twin clutches. The car is likely to launch by the end of this year. The new model will cost Rs 20 lakh to Rs 22 lakh. Skoda should concentrate on giving the Indian models more European features without changing the prices. They could also introduce some features that will be helpful to Indian condition like improved safety features, precision steering and more performance to the existing engine. It should not look up on Indian car market as secondary to other market in the world. Skoda has fantastic market in India. And any sort of differentiate in the market from the rest of the world will be a blow to the Indian business. This is because Indian consumers are aware about the happenings in the world and can quickly make out the difference in services. Labels: Launch of new car in India, Skoda Superb
Nissan to Increase Dealerships
Nissan is seems to gear up for a war in the car market of India. It plans to sell at least 1 lakh cars by 2012 in India. Earlier, it has announced that it will be introducing eight cars over a period of four years. So far, Nissan had concentrated on the niche market with cars priced Rs 40 lakh like the Nissan X-Trail and Teana, and sold 533 units of them last year. Four of the eight cars will be produced at its Chennai plant. However, in order to promote and market its sales, it has appointed Hover Automotive Indian Private limited to create a sales network. The company plans to establish 55 dealerships within four years to increase its marketing base. With this move, the company will foray into cities other than Delhi and Mumbai, where it had concentrated so far. Nissan has been traditionally associated with extreme engineering and amazing designing. The small cities roads in Indian will now feature internationally designed cars. Labels: Indian Market, Nissan increases dealership
Monday, 12 May 2008
Fabia precedes Skoda’s other small car
The newly launched Skoda Fabia small car has been working wonders for the Czech car manufacturer. The Fabia sold out in high numbers since it was introduced to India in January this year. Skoda posted an 81% rise in sales during the month of April.
Here’s news that will surely bring a cheer to all Skoda fans. Skoda does not seem satisfied with its deeds yet and is already working on a new small car. The new car will first be launched in India and later taken to European markets. It’s not expected anytime soon though and is likely to debut in 2010. Labels: Car sales, new car launch, Skoda, small cars
Foreign car manufacturers want a centralized agency
The pressure from rising input costs across the world has pushed several car companies to look for a centralized sourcing unit to control costs for them. Car manufacturers such as GM, Ford, Suzuki and Fiat have been looking at vendors from India and China to provide them with components at a 10-15 % lesser cost.
Fiat has already started such a venture by opening its international purchase office to tap vendors in India for manufacturing and sourcing required equipment and materials. This move will help them maintain profit margins while doling out benefits to consumers.
India has become a major vendor for cheap components. General Motors plans to sources components worth Rs. 4,000 Crore from India and Fiat has increased the investment for sourcing from India to Rs 1,600 Crore. Suzuki is searching for a long term partner who will cater to its global car projects. Labels: car components, car manufacturers, Foreign car manufacturers
Maruti Suzuki’s ‘Midas Touch’
Maruti Suzuki keeps repeating the records with every model it launch. The company seems to have the ‘Midas Touch’ to make gold out of everything. First it was the M800, which sold huge numbers followed by the Alto, and now it is the Swift. The small car has crossed the 2 lakh mark within 36 months of its launch. It has emerged as the fastest selling hatch in India. The popularity of Swift also pushed the company to launch the Swift DZire, a compact sedan with all the basic Swift characteristics. The smart looks, quick acceleration and great performance of the vehicle are adored by Indian consumers. The servicing facility provided by company make it more popular among the buyers. The Swift car has brought a radical change in car designing in India. Maybe the Swift action was just waiting to happen as competitors in this segment were few and cars with striking features are yet to launch. Till then Swift can enjoy the glory. Labels: Maruti Suzuki Cars, Maruti Swift
Star Signs Influence Driving Habits
The common notion is that driving habits influenced by all tangible thing but not the stars. The comment that ones driving habits are governed by stars will be shot down immediately. It just doesn’t make sense. After all what is driving got to with zodiac sign? But a recent study in UK has revealed that more number of people born under the star sign of Aries were prone to accidents. In a survey of 70,000 accident claims showed that Arians- born between 21 March and 20 April were likely to be involved in car accidents. The other accident prone drivers belong to star sign Gemini and Taurus, and the least car accident prone is Sagittarians, Scorpio and Libra. Well, it seems funny that star signs could influence driving habits. There may be several matters that contribute to road rage and accidents. It is not something to do with stars but self control and good diving habits. Labels: Car driving, Driving habits
Toyota Splits India Operations
India is becoming big on the global map. It is not about geographical dimensions but the consumer power. The consumerism of cars is getting bigger and more global brands are arriving every day. The car companies which came first have grown in size. One such company is Toyota which came to India in 1996. They brought with them one of their cheap utility vehicles for a market that was ready to gobble it up quickly. The company now wants to get bigger and better. So, it has planned to split its current Indian operations, jointly carried out with Kirloskar. The two new companies will have different roles – one will manufacture and the other will market, while being completely independent of each other. This split will herald a new chapter for car companies in India. Labels: India operation, Toyota
Friday, 9 May 2008
Nano Creating Trouble for North American Auto Industry
The outburst of Canadian Industry Minister Jim Prentice is an indication of the hurricane they expect with cheaper cars like Tata Nano. Dealers and contract manufacturers from these countries have already expressed interest in marketing these cars. Once in the country, the cars may overtake US made cars easily. China and India have access to low cost labour and car components, which can significantly alter the cost of a car. This is precisely the reason why European and American car manufacturers like General Motors, BMW and Mercedes are setting up base in India.
However, when these company show profits, while clearly stating they are going for cost cutting, now hue and cry is raised. It is clearly a sign that the auto sector is moving east and the concerns of Indians and Chinese people will influence future cars. There may be a time when Tata and Maruti will loom larger than Ford and General Motors on the US horizon. The launch of Nano in these countries is being viewed as threat that will become a reality 25 years from now. Labels: North American Auto Industry, tata nano
Fear of price hike pushes car sales up in April
Ahead of the likely price hike, car sales jumped 17.2 % in the month of April. In fact it was the highest sales recorded in the past seven months. The highest number of sales was recorded by Maruti Suzuki India, the car market leader in India. The Indian buyers have taken advantage of the excise cuts and fantastically lower prices. Coupled with this, some car dealers even offered freebies with the car to push sales up. Those who wanted to buy cars after 3-4 months, advanced their dates to take maximum advantage of the price reduction. The gamble has paid well for car manufacturers. They now have health numbers of sales to show for this fiscal year. This is an irony of car business, where prices tumbled by Rs 2,000 to Rs 18,000 in March and continued in April. However, May will witness a hike in prices between Rs 4,000 to Rs 16,000. The price hike may pose a hurdle to the car sales, but are the car manufacturers geared up to face it?
Labels: Car sales, hike in car's price
Hyundai Mileage Rally
Hyundai Motors India has left no stones unturned to prove its cars fuel efficiency. The company recently organised, the Mileage Challenge Rally 2008 for Indian auto journalists. The company had invited 30 journalists from Delhi, Mumbai and Pune to test drive Hyundai Verna variants and determine its fuel efficiency, drivability, handling and other aspects of the car. The mid-size car was available in both petrol and diesel versions. The participants were also ranked for achieving highest fuel economy. On an average, Verna diesel delivered a mileage of 33.57 kmpl. But when the results were scrutinized closely it was learnt that Petrol model delivered 25.88 kmpl. The event also helped the journalists to discuss various aspects of cars with Hyundai experts and learn more about their technology. Labels: Fuel efficiency, Mileage Rally
Canada Concerned About Chinese, Indian Cars
After the US President’s comments on China and India’s consumerism as being responsible for rising oil prices, the Canadian Industry Minister Jim Prentice, on Wednesday, has stated that cars from these two countries could invade their nations soon. The cheaper cars, owing to cheaper inputs costs in these countries will make it more attractive for US and Canadian car buyers. The price advantage will be something that the developed nations can not ignore. Cars had become a necessity in these countries whereas, they were considered as a luxury item in developing countries. At one point, the business of car companies like Ford and General Motors became bigger than most national GDP’s including India. However, the trend has now reversed and the very lifestyle they were promoting has become a challenge to cub down. India and China have reported high growth of economy in the last decade. The domestic companies have leapfrogged several generations of development and learned quickly from their Western counterparts, who were eager to tap large markets. They are quick learner and now ready to sell their wares in US and Canada. The North American countries are now crying over spilt milk. Submitted by: Venkatesh G
Labels: Cheaper Cars, Indian cars
Thursday, 8 May 2008
Companies Re-Work Car Prices
The news of roll back in steel prices has pushed the car companies to re-work on the quantum of price hike. In the last week of April, Maruti had announced that it was considering a price hike but had not specified on the increase. Now, General Motors and Mahindra and Mahindra are also re-working on the quantum of increase in costs. The car companies were contemplating on increasing costs by Rs 4,000 to Rs 16,000. Steel forms a major component of car manufacturing and the slightest rise will result in a huge leap in overall costs. The rollback has brought a huge relief to car buyers particularly the small car buyers, for whom the slightest rise will add burden to the total expenditure. It could also give some more time to buyers who have missed the April deadline to go for cars now, before the new car prices are announced this month. Labels: Car prices, price hike
Volkswagen Walks Into Luxury Haven
It seem like Punjab is becoming the epicenter of luxury cars in India. It is already known that 50 percent of the Mercedes-Benz cars sold in India are recorded in Punjab alone. BMW too upped its dealership in this region to take on its rival, and was followed by Audi. But now, Volkswagen has joined the band. It has opened dealerships on Chandigarh and Ludhiana. The company has appointed Genuss Motors in Chandigarh and Prestige Motors in Ludhiana, respectively. The move could also be ahead of the launch of the premium small car Beetle, and the company expects to find more buyers in this region. Volkswagen luxury saloon Passat is already impressing luxury cars buyers elsewhere. Marketing cars in Punjab has become more upscale. The growing economic strength of Punjab has spurred interest for cars among Punjabi’s, which comes only after real estate. The state can no longer be associated with farming and tractors. Labels: Luxury cars in India, Volkswagen cars
Skoda posts 81 percent increased sales
It is amazing that a ‘plain Jane’ Skoda of the west is finding so many takers in India. It has literally floored Indian car buyers with its bold European looks and solid appearance. Skoda has been showing impressive sales over the last few years. This April Skoda India reported 81.4 percent increase in domestic sales. The company sold 1,814 units in the month as against 1000 units reported last year. Guess who pushed the sales graph! It is the small car Fabia, launched in January and sold 834 units in April. The small car is carrying the Skoda brand higher solely on its shoulders. It is also the first car that pushed small car prices ranging Rs 5 lakh–Rs 7 lakh. It came with a baggage of great looking features, which helped to convince buyers that it is value for money. Labels: Increased sales, Skoda Fabia
Tyre price hike add pressure on car cost
Car companies have citied reasons of rising costs of steel and aluminum as primary cause of hiking the car prices. Now, it is the time for rubber to repeat the story. Major Indian Tyre manufacturers such as Ceat and JK Tyres have conveyed to car companies of a price hike. The companies have stated that the cost of rubber has increased by 22 percent in 2008 alone. The hike could be witnessed again and again unless government brings the costs under control. If this happens the price of cars may rise further. Even as car companies have been trying to achieve affordable prices for cars, while they cater to larger number of customers, market forces have not been favourable. If the price continue to increase unabated, the cars could soon become unaffordable by masses. Labels: Car prices in India, Tyres price
Wednesday, 7 May 2008
Nissan to conquer India
Nissan is one of the big names in car industry. It has always created a niche in the car markets across the world. It has already brought in SUV X-Trail and luxury saloon Teana. Both these cars are priced Rs 40 lakh. It will also be introducing a premium SUV Murano with the same price tag. However, with such an ambitious plan for India, Nissan is establishing itself in the Indian niche market and may give a tough fight for BMW and Mercedes cars. But Nissan is not stopping with it. The company is planning to bring eight of its products to India by the year 2012. There are rumours that the company is planning to bring small car Micra. The small car will be positioned in the A2 segment and will compete with Zen Estilo and Wagon R. It will be powered by a 1.2 liter petrol engine. Nissan also plan to bring in another sedan, but the details about it are still a mystery.
Labels: Indian car industry, Nissan
FM for cassette players
Car owners have been bombarded every time with the new entertainment system. Many of those who proudly installed the cassette player a couple of year now find that it is history. But not all of them want to switch to expensive music systems. Many of them would be happy with FM transmitter while they still retain their cassette players. Intex EUP-802 fits into this category. Intex EUP-802 can be fitted into a cigarette lighter socket. All you have to do is to load your favourite songs on a SD card or a USB drive and the device connect instantly. The sound is wafts through the cabin without any distortion. The EUP-802 is strong even up to 50 feet away. It also comes with a remote control and a blue backlit LCD which displays the frequency, name of artist and track name, which is uncommon in car FM transmitters. It is a boon to those who like to enjoy radio without removing their old music system. Labels: car FM transmitters, music system
Buyers love Diesel cars
The popularity of Diesel cars are increasing among mid-size car buyers lately. In the year 07-08 almost all mid-size car makers have reported 60-70 percent of total sales being diesel cars. Car manufacturers Ford, Hyundai, Mahindra Renault and Mitsubishi have reported that diesel cars form a bulk of the demand. If the trend continues at the same pace, diesel cars could form 50 percent of the total cars sold in India in a couple of years. The diesel cars have outnumbered petrol version in ratio of 7:3. This is because diesel technology has gone through several changes in the last couple of years. Diesel cars scores high on the fuel efficiency and emission parameters than petrol cars. Also, diesel cars give better running cost. With these differences, the petrol cars are likely to loose popularity. Even European countries are slowly inclining towards diesel cars. Cheaper mode of transport and easy affordability will be the prime factors for choosing a car in the years to come. Labels: Diesel cars, Petrol cars
Indian cars with foreign designs
Indian car companies have been known to raise large volumes but with poor designing. The quality of designing has come across criticism from several well known car designers. Indian companies have scored the highest markets in making affordable cars. Be it the Maruti Suzuki India, Tata Motors or Mahindra and Mahindra. But these companies are looking to reverse the trend by buying international car designing houses. You might have noticed that Tata’s has picked up stake in Italian design house Pinninfarina. The newly launched Indian company Argentum Motors picked up equity stake in design firm Heuleiz. Now M&M has pitched itself to acquire Stile Bertone, a firm in Italy. These companies have been associated with designing for renowned brands like Ferrari, Alfa, Romeo, Aston Martin and Jaguar, Maserati and others. Some of the designing work could be seen in India as well. It is clear that Indian companies are taking their product more seriously and have upgraded themselves to global markets. These designing firms may just in right move today. Labels: Car designing, Indian cars
Tuesday, 6 May 2008
Tata among global brands
We know that everyone has enough of Tata lately. Since January it has been in news for several reasons like launching the world’s cheapest car to acquiring the ultra luxurious brand of Jaguar and Land Rover in March last week. But the company does not fail to impress the hardcore business houses of the world. Among the Indian car manufacturer, it is fast rising and the most well known name in the world. Tata is the first Indian brand to achieve a position in the list of largest global brands.
It ranks 57th among the top hundred brands of the world. Part of the credit for achieving this position goes to acquisition of British car brands Jaguar and Land Rover. The buyout has pushed the Indian company to global limelight. We hope that the company may just scale the number higher when the little wonder Nano is launched in October-November this year. Labels: Nano, Tata Motors
Murano to hit Indian car market
Nissan will drive up the popular SUV Murano to India by the end of this year. Murano will be available in India in the price range of Rs 30-40 lakh. It will come equipped with six air bags and with an option for two wheel drive or four wheel drive. Murano will be a tough competitor for Toyota Prado, BMW X3, Mitsubishi Montero and Mercedes-Benz MClass. With this new add on in the luxury car segment other car manufacturers has to provide better offers for the consumer. The company is known worldwide for offering high quality cars. Its Infiniti range of products is a rage in the west. Nissan has gained fame for manufacturing speed and performance oriented cars. Now that the company is slowly bringing in its products, the SUV market is surely going to get very exciting pick up in the next few years. Currently, Nissan has a limited presence in India, but will undoubtedly rule the SUV market in the years to come. Labels: New launch, Nissan Murano
Shopper’s Stop for cars
Are you one of those tired executives who have no time to run from showroom to showroom to shop for a car? and still not getting a car of your choice. Here is a solution to this problem. A one-stop-shop for all cars ranging from M800 to Ferrari will be available under one roof. The multi-brand mall is likely to come up in Bangalore near the new Bengaluru International Airport. It will be spread over 50-acres of land and the car mall will cater to all the needs of a car consumer. The mall is the brainchild of leading auto dealers of Bangalore who thought of a complete customer experience from window shopping to research and purchase. It will be on the lines of Mukesh Ambani’s Reliance retail chain for two wheelers. Still in conceptual stage, the process on the mall will start soon after the state government sanctions land for the project. The partners in the project are planning to bring up the mall in a couple of years. Labels: car mall, multi-brand mall
Audi wants electric cars
Electric cars have become the new research area in auto sector. It could be the answer to the fuel problem and increasing pollution witnessed today. Fossil fuel is drying up fast, but car consumerism is increasing like never before. Almost all Asian countries have big car market. If this trend continues, one day we may have several cars but no fuel to run. In order to search an alternative to avoid this possibility, several car manufacturers are opting for electric cars. Audi is now contemplating on developing electric cars too. The company plans to launch it in 5-10 years. It will have zero emission. Audi is a late entrant in the alternative fuel research field. Although, it has a larger research department than that of Mercedes Benz, Audi has now turned its attention to develop electric cars. Audi has been in the forefront of car engineering and the same can be easily repeated with the electric cars. However, Audi may not wish to compromise on the key factors like speed and performance, which has brought in several laurels. Labels: Audi, Electric Cars
Monday, 5 May 2008
Gujarat is a leader again
Gujarat has traditionally been associated with business. It has been in the forefront of industrialisation in commerce and trade. It is now emerging as the export hub of auto majors. Car companies are intensively scouting for terminals for exporting cars from India. Car manufacturers developing and manufacturing their global cars in India are looking for sea port to exports their products to more lucrative markets in the West. Some of the ports seen the radar of car companies are Mundra port, Vansi Barsi port, Maroli port, Pipavav, Okha or Kandla, all of these located in Gujarat. Moreover, the close proximity to Mumbai and Pune where most car companies have their hubs will help Gujarat to emerge as leader in another field. Labels: car export, Gujarat
US buyers now think small
With the hike in petrol prices, it is now observed that US car buyers are moving to smaller cars. One in five cars sold in America is a small car. And the worst hits are the US car manufacturers who thrived on larger vehicles such as SUVs and trucks. Thanks to increased petrol prices. It is now the turn of Asian tigers to roar in the west. Toyota, Honda and Suzuki which have lots of small cars in their portfolio are doing a roaring business. It is also high time for the Indian car companies like Tata and Reva to enter the US market with their small cars. It is not difficult as an open market easily allows for Indian companies to enter USA provided that Indian car companies adhere to the stringent emission norms. If India answers’ this vital question, the west will be again looking at East for resources. It could be a repeat of the gold and pepper search of the west. Labels: Increase in petrol price, small cars
CR-V to get diesel variant
All those who wished that Honda CR-V had diesel variants can see their dream come true soon. Honda is planning to bring in a diesel variants for the modern SUV. The petrol version has already set a high standard for quality. However, the key factor will be pricing. If Honda plans to keep the prices, it will naturally cut costs on interior comforts. The diesel variants could come without automatic transmission and CD changers. The CR-V is facing stiff competition from Chevrolet Captiva. Honda would also not like to upset its customers with a high priced diesel variant as Captiva already has an affordable diesel variant below the CR-V price range. It remains to be seen whether the two will compete neck to neck or one will beat the other in technology and competition. Labels: Diesel cars, Honda CR-V
3B for JLR
The Jaguar and Land Rover deal is far from over. The intended fund raising of $ 3 billion for the buyout is likely to be completed by this month. Tata is likely to settle the deal after the payment of the amount to the ex-owner Ford Motors, USA. The deal is likely to push Tata on global map. An initial consortium of eight banks was interested to raise the desired amount. It is amazing that International banks have shown so much interest in an Indian company’s intention to buyout a luxury brand. The process is long but a very transparent one. Only Tata could accomplish such a transparent trade off where in all transaction are like an open book. Tata is surely a leader not only for its character but also for its achievements internationally. Labels: Jaguar and Land Rover, Tata Motors
Friday, 2 May 2008
Scorpio in Chile
With the success of Scorpio in India, Mahindra & Mahindra has now launched the model in Chile. This is the second model that has been launch in Chile by M&M. The company is not only expanding its wings nationally but also internationally. The successful launch of the sports utility vehicle Scorpio SUV in Chile will add up to its product portfolio in the Latin American market.
Mahindra Scorpio SUV offered a strong value proposition and would emerge as the diesel off-roader of choice in the Chilean market. In addition to Mahindra, Automotores Gildemeister also represents Hyundai and Ford in Chile. Tata motors are also trying its hand in the international market. The present scenario depicts that the days are not far when Indian car manufacturer will rule the global automotive Industry like Toyota motors, General Motors, Ford Motors and other big players. Labels: Mahindra, new car launch, SUVs
Tata’s plunge in JLR was important
Many have wondered as to why Tata took such a huge plunge to buy the luxury brands Jaguar and Land Rover when the competition in the Indian market is high. After the takeover was announced Tata’s stocks plummeted. Markets analyzed about the pro’s and cons of the buyout very critically. But we think that Tata was just being futuristic. It wanted to grab attention of global car market by putting up a show. Western countries with mature car market are at least five generation ahead of Indian car technology. To top it our government policies are very suffocating to allow comfortable market space in India. Tata is now a serious business house to reckon with. Big car companies have to go global to remain in business. This applies even for US and European car manufactures. After all, many of them have opened shops in India and have also set up manufacturing facilities in India. So why should not Tata follow the same? Labels: Jaguar and Land Rover, Tata cars
India important on Merc map
Already India is host to luxury car brands like BMW, Audi, Volvo and others, who have a market worth few thousands. Many luxury car manufacturers are moving their bases to cheaper markets to cut down costs, which will eventually lower the cost of their cars to suit local conditions. Luxury cars are witnessing an unprecedented growth in these countries. These markets may become more important than their existing markets. It is not the rich countries like US, France, Germany and UK which will be the driving forces for luxury cars anymore. The demand is getting flat in several European countries. According to a report in Daimler, manufacturer of Mercedes-Benz, the markets of India, China and Russia will be driving the auto market in 2008. The trend may also extend in the next decade. Labels: BMW cars, luxury cars
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