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Thursday, 25 March 2010
 Just the other day we mentioned that the Mahindra Renault Logan would come out with a smaller body. The dealers were burdened with the existing car stock and the makers too were annoyed. Just 500 units of the Logan were being sold every month. Mahindra-Renault decided to offer a discount of Rs 50,000 on the petrol variant and Rs 18,000 discount on the diesel counterpart. All this would be in addition to the corporate discounts that employees from certain organizations already enjoy. If you thought that that wasn’t good enough, here’s something more. The sales this year had gone so high for almost all cars. They walked with heads held high. Just then, post union budget, the steel prices went up and so did the car manufacturing costs. The manufacturers may have thought that the car prices could further be increased. However, that will not happen. The sales have gone very low now. Car makers say that the recent increase in excise duty has impacted the new car bookings. In a few days, the BS-IV emission norms will be effective in 13 cities. The fact is that more than 50 per cent of the car sales volumes in the months of January and February 2010 came from these cities. So, the existing car stocks need to be cleared before that. What do you think the manufacturers are doing to clear the space? Offering huge discounts seems to be the only solution. Car sales this month have gone so slow that the manufacturers are getting a little worried. So, their discounts this year are 10 to 15 per cent higher than last year. Once the cars are upgraded to the new emission norms, the prices are surely going to rise. Isn’t it better to buy one before that? The discounts, right now, range from Rs 25,000 to Rs 50,000. Whoa! Isn’t that a real good deal? The multi-brand outlets are topping it with an additional Rs 10,000 to Rs 15,000 discount on the smaller cars. If you think this is too good to be true, hurry and grab a car before it’s too late. These multi-brand outlets buy cars in bulk from dealers and so, they get a better discount. At a time when the sales are real low, why not pass on the additional discount on to the customer? That would be a great idea and they are doing it. There will be an Rs 35,000 discount on the Spark with a three-year maintenance package too. While Maruti Suzuki dealers are giving a discount of Rs 42,000 on the WagonR and Rs 26,000 on the Alto, you can expect an additional discount of Rs 10,000 and Rs 9,000 respectively from multi-brand outlets on these cars. The Ritz and Estilo from Maruti come with Rs 27,000 discount when bought from dealers. The same cars are being offered at multi-brand outlets at Rs 33,000 and Rs 37,000 discounts respectively. The Mahindra Xylo and Logan come with a discount of Rs 50,000 while multi-brand outlets sell it with an additional Rs 5,000 and Rs 15,000 discount respectively on the two cars. The Hyundai i10 and Santro come with Rs 28,000 and Rs 26,000 discount tags. Resellers are offering the same vehicles with discounts of Rs 35,000. Tata Indica Xeta comes with a discount of Rs 30,000 and resellers are offering the same with an additional discount of Rs 8,000. Whoa! Mighty discounts everywhere and everyone benefits. Long live the discount deals. Labels: BS-IV norms, Car-Cost, Car-Discount-Scheme, Car-Discounts, Car-prices, Car-Sales, Cheap-Cars, Discounted-Cars, Emission-Norms, Low-Cost-Cars, Low-Prices-on-Cars
Friday, 19 September 2008
Tata Nano, the world’s cheapest car is a big hit. The car has not only paved a strong path to people’s heart but has also made its debut in the Guinness Book of World Records. Though, Nano has not yet rolled out on Indian roads, it has slipped in between the pages of the Guinness book. The latest edition of the Guinness Book of World Records, recently released in London, showcases the ambitious Nano in golden words. This is really an excellent reason for Indians to proud. Congratulations, Nano! The car has taken the name of the country to big heights. Just wonder, before rolling out if the car is creating a benchmark in the world’s history, what would be the aftermaths of the launch. Each and every individual is eagerly waiting to catch hold of the magical key, key to Tata Nano! Labels: Cheap-Cars, Nano-Guinness-Book, Tata-Nano
Tuesday, 15 April 2008
It’s interesting to note that the United Kingdom has launched a study to take stock of the impact that the Indian automobile Industry may have on their own auto industry.
For decades UK has been a hub of car manufacturers with major global players operating successfully from there. Now, the advent of the Indian automobile industry in the world arena is surely something that makes others pull up their socks.
UK's car industry is facing a number of challenges as it moves ahead into the next decade particularly when it comes to tackling a continued rise in competition from countries such as China, India and Eastern European entities that are able to build and sell cheap cars. UK is working to ensure that its car industry can build on existing strengths and remain competitive in an increasingly globalised world. Labels: Car-competition, Car-manufacturers-in-India, Cheap-Cars, Study
Friday, 29 February 2008
Online booking for cars is, surprisingly, a new revolution in Indian car retailing. A grapevine has it that Tata has plans to accept bookings for its upcoming hot car Tata Nano through the internet. Tata Motors is also thinking of calling for suggestions from prospective consumers on how to implement this process using the Tata Nano website.
The website already provides online customization of the world’s cheapest car. If this move comes through, Tata will start a new chapter in the auto dealership industry in India. One may no longer have to go to a dealer and struggle to get the information required. Online booking will indeed be a new beginning in the right direction. Labels: Car-Sales, Cheap-Cars, online booking, tata nano
Tuesday, 19 February 2008
I am, like many of my friends, waiting breathlessly for the Tata Nano. I also was curious about its rival Bajaj Lite. While Nano continues to be in the news everyday, Lite was in the limelight for just a single day when it was unveiled and then it practically vanished.
Lite is light years away from a launch in India. Bajaj Auto was planning to launch the car in collaboration with Renault-Nissan, but the process which was moving ahead slowly now seems to be ending. Renault and Bajaj had jointly initiated a feasibility study of ultra-low-cost cars in India in July 2007. The study is now expected to be completed by March this year.
The newspapers don’t tell me what the result is going to be of this study. I can’t find anything on the net. Where is the Lite? Does anyone have any idea? I would like to get some info on this car – help!
Article Submitted by Curious Swami Labels: Bajaj, Cheap-Cars, Nissan, One Lakh Car, Tata, ultra low cost car
Thursday, 7 February 2008
I am looking at the newspapers every day and going through all these websites and one thing that keeps popping up at unexpected moments is CARS! Cheap cars and foreign cars and small cars and just more cars! Now, I am a designer by profession, trying to make it big in the fashion world, but I may just steer a different course. I came across this car survey by an audit company that said that the average annual wage of an Indian car designer is now merely close to Rs 3 Lakh per year, but this profession could be the next IT salary wave! US firms pay an average of Rs 28 Lakh per year for an entry-level car designer and UK firms shell out Rs 25 Lakh per year for the same. Calculating with these numbers, it is easy to see that these guys can easily employ 5 to 8 people in India for the salary of ONE person in US or UK. Needless to say these big guys would want to slowly move to India for designing and developing their future cars. The French company, Renault, has already set up base in India and Maruti Suzuki is using Indian engineers to develop their global cars, and GM has recently set up its research lab her as well. Many other companies are set to follow. How cool will a job designing cars be? Labels: Car-Designs, Cheap-Cars, Renault, small cars
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Just the other day we mentioned that the Mahindra Renault Logan would come out with a smaller body. The dealers were burdened with the existing car stock and the makers too were annoyed. Just 500 units of the Logan were being sold every month. Mahindra-Renault decided to offer a discount of Rs 50,000 on the petrol variant and Rs 18,000 discount on the diesel counterpart. All this would be in addition to the corporate discounts that employees from certain organizations already enjoy. If you thought that that wasn’t good enough, here’s something more.
