Cheaper Variant of Passat and Passat CC Coming Soon
General Motors is the first one to reduce the car prices after the rising inflation and high loan interest. Many car manufacturers are following the line. Volkswagen being one of them is planning to roll out cheaper variants of Passat and Passat CC.
Volkswagen is planning to come out with a cheap variant of Passat that would be powered by a common rail engine and a manual gearbox. Another reason of Volkswagen reducing the car price of Passat is willingness to compete the car sales of Honda Accord. New variant of Passat CC is inspired by the car model Mercedes CLS. The car is designed on the basis of standard sedan’s signs and is expected to be more upmarket.
Will Volkswagen be successful in fulfilling the desire behind producing cheaper variants of Passat and Passat CC?
Labels: Car-Price, Volkswagen-cars
Price Tag of Spark Reduces
Wake up folks, your car is waiting for you! Many people dropped down their idea of buying a car after the rising inflation. Even the high price tag due to high input costs drastically reduced the demand. In order to meet these challenges and competition, General Motors have changed their strategies and cut down their profits.
It is now offering one of the most fuel economic cars, Chevrolet Spark, at a price tag of Rs 2.66 lakh. This price is for the base variant all around India. The car was launched at a cost price of Rs 3.09 lakh last year. Wow! Buyers can avail a complete discount of Rs 55, 000. This is the second time the company is offering a discount on Spark. During the first discount also, they had made good profit even after selling the car at a comparatively low price.
So, go grab the discount offer.
Labels: Car-Price, Chevrolet-Spark
Tata Motors Overrun the Estimated Cost
With the increasing steel prices and fuel prices, all car manufacturers are increasing the price tag of their respective cars. Tata Motors expected a production cost of Rs.17 billion for the Nano but unfortunately this estimated cost was overrun by Rs 3 billion.
Don’t you worry, you are in safe hands. Inspite of the increased input costs, the company has planned to absorb some portion of the hike and has promised to sell the car with minimal increase in price tag.
The increased cost of production is also due to water logging at the Singur plant site during last year's monsoon and protests from a large group of peasants. Even then, the company is working at a breakneck speed to launch the Nano on the announced date. The company has also spent some amount in raising the level of land.
So many expenses, pulls our thought to the actual launch price tag. Will the company still be able to sell the car at the proposed price tag?
Labels: Car-Price, Tata-Motors
Ford Fiesta will be Costly
Wake up folks! If you like the appeal, comfort and performance of Ford Fiesta, then go and grab one before the price lets you fall.
The rising input cost with the hike in steel prices has pushed Ford India to review the price tag of it’s recently launched car, the Ford Fiesta. The current price of the Fiesta is Rs 6.57 lakh for the petrol variant and Rs 7.44 lakh for the diesel.
Even the small car expected to launch in 2010 is proposed at a price higher than 1 lakh. Wondering how much price would the company raise for the Fiesta after raising the price of its SUV, Ford Endeavour by Rs 30,000.
Keep your fingers cross and wish that the increased price tag is affordable.
Labels: Car-Price, Ford-Fiesta
