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Wednesday, 2 April 2008
Volkswagen has become the official car company for the 2008 Summer Olympic Games to be held in Beijing, China, starting this August. Volkswagen will use its luxury cars, SUVs, sedans and other vehicles to ferry players, guests and officials. The company will also involve its subsidiaries Skoda and Audi cars for this purpose. It will supply as much as 6000 of its vehicles for this event.
Car manufactures in India could also be shipped for the event. Volkswagen has already established itself in India and has an impressive line up of cars in India. By involving itself with the Olympic Games, Volkswagen will surely receive a huge boost in all over the world especially in India where large number of people will closely follow every Olympic event. It is time that Volkswagen launched a new car in India to mark the spectacular event. Labels: Compact luxury sedans, Expansion in business, luxury cars, Skoda, summer olympic games, SUVs, Volkswagen
Friday, 28 March 2008
Many who are expecting reduction in the price of Maruti-800 after Tata Nano’ appearance at Auto expo, will be disappoint to know the fact Maruti will not reduce any price of maruti-800 in future to compete with one lakh car Tata nano as Maruti does not want to compete with nano and is not even thinking to manufacture any new small car on the lines of ultra cheap car, Tata nano. Before Tata nano’s appearance, Maruti-800 was considered as one of the cheapest small car available in the country for many middle class families. When Tata motors have confirmed its production of one lakh car, many had thought that maruti would cut the price of maruti-800 on par with one lakh car to compete with nano. But now that suspense is over as Maruti openly clarified its intention that it will not reduce or cut down the price of Maruti-800 to compete with nano. Such honesty statement by maruti will really create conducive atmosphere in auto market leaving no place for unhealthy competition. Labels: Auto market competition, Car-Sales, Expansion in business, Maruti 800, Nano, One Lakh Car, small cars
Thursday, 27 March 2008
It seems that B and C cities are emerging as profitable markets for car companies in the last year. The rising income and easy accessibility to loans have been largely responsible for driving car sales upwards in these cities. As metros have been are soon going to become a stagnant market, it makes sense that car manufacturers look for cities other than metros. Most of these car buyers in these cities are first time car owners and obviously go for entry level cars. It is believed that Hyundai accounts 40 per cent of its sales including small cars and luxury cars are in cities other than the metros and six big cities in India. And the most popular models have been Santro and i10. Labels: Car-competition, Car-Sales, Expansion in business, Hyundai, luxury cars, New i10 model, small cars
Wednesday, 12 December 2007
Thursday, 6 December 2007
As the Suzuki motor decides to source compact cars from Maruti for their global market, the latter plans to rollout A-Star by 2009. It is a really good venture for Maruti and its parent Suzuki. Now they are preparing to launch the new car, which will be the first indigenously designed, styled, and produced Indian car with Europe as the primary target. The team of engineers is burning the midnight oil in Maruti’s Manesar plant to develop this car, slated to be unveiled at the Delhi Auto Expo in Jan 2008. However, the production car that will be exported to Europe will be different from the one being showcased – better or worse will be decided when the model is officially rolled out. Labels: Expansion in business, Exporting cars, Maruti Suzuki, New Car, New launch, Special design unit in India
Wednesday, 5 December 2007
This is how brain meets business, when General Motors Corp ( GM), sets up a new Collaborative Research Lab (CRL) with the Indian Institute of Technology (IIT) Kharagpur to carry out research in areas of electronics, controls, and software. Not just business, the new collaboration shows a bit of academic interest too. These new partners will jointly develop a new post-graduate degree in the above mentioned fields. GM has promised Rs.5 Crore for research to be done in the next five years within the new lab, which will be co-managed by GM's Indian Science Lab and IIT Kharagpur. The country’s leading business daily quoted Bharati this morning. “The aim in setting up the lab is to carry out research projects of exploratory nature and to create necessary infrastructure and curriculum for master and Phd programmes as a means of bolstering development of talent required to address future challenges of the industry,” said Prakash Bharati, Director, GM's India Science Lab. Labels: Automobile research and development, Expansion in business, General Motors, IIT Kharagpur
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