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Monday, 29 September 2008
Pay More for Imported Cars
Wake up car importers! It’s time for car importers to open their eyes and see the expected price hike for imported cars. Yes, the prices for imported cars are expected to rise due to the weakening of rupee against dollar. At this stage of downturn, car exporters are rejoicing the market but reality is that the importers will have a tough time. We just wonder how severely this will affect the foreign car manufacturers like Mercedes, BMW, Nissan, Volvo, and Porsche, who are importing their cars to India as Completely Built Units or CBUs. Even Honda CR-V would be affected by weakening of the rupee. This will definitely increase the prices of imported cars. All the luxury car manufacturers are trying hard to cushion the impact on Indian car customers but till how long? Labels: BMW, Car-Manufacturers, Honda-CR-V, Imported-Cars, Luxury-Car, Mercedes, Nissan, Porsche, Volvo
Monday, 18 August 2008
SUVs Glorious Days are Over
Gone are the days for SUVs when they were highly appreciated and liked by Indian consumers. But rising inflation and high fuel prices have now put an end to the production of SUVs. Car manufacturers across the country especially the ones like Mahindra & Mahindra who are mainly into the production of SUVs are facing a tough time. These huge cars are numbered as high fuel guzzlers and have a bad eco-image. This has reduced the sale of Mahindra Scorpio, Toyota Innova, Maruti Gypsy and other cars in segment. With a keen desire to fight the battle and raise the market for SUVs, car manufacturers are now hunting for better and reliable alternatives that can drive the sale of these cars. The Mercedes, BMW, Audi and the Porsche are also planning to enter the SUV segment and produce compact cars in the segment with the combination of off-road qualities and luxury comforts. Will the past days come back for SUVs? Labels: Audi, BMW, Mahindra-and-Mahindra, Mercedes, Porsche, SUVs
Wednesday, 19 December 2007
Lotus on Indian roads
A real treat for sports car enthusiasts! One of the top global carmakers–Lotus Cars--is heading for India. It is in the air that the iconic car company is currently looking for dealers in India. It is expected to bring well-know Elise model. The model has a modified version of Toyota’s 1.8L engine being used in Corolla. Lotus also has plans for making available a more powerful Elise R. Lotus General Manager Glen Moir is hopeful of Elise doing fine on Indian roads. He says that ground clearance won’t be a problem for it. According to him, the model’s ground clearance is similar to Porsche Boxter’s. Labels: Elise, Lotus, Porsche, Sports car
Monday, 17 December 2007
Porsche to spread its wings wider
With big auto players like BMW, Audi, Mercedes-Benz, Nissan have already markets stormed the Indian markets, now its turn of Porsche, the German luxury car maker, which is all set to expand its operations in India. As its first step, Porsche recently inaugurated a $ 2 million showroom in Mumbai. They plan their next pit stop at Hyderabad, Bangalore and Chennai. The company hopes to continue its legacy in the sports car segment and intends to take it to a new high. Amongst its model, Porsche’s Cayenne rules the Indian road. Labels: Audi, BMW, Luxury car segment, Mercedes-Benz, Nissan, Porsche
Wednesday, 28 November 2007
Lotus quickly on its way to India
Wishing for more high performance Sports cars in India? Low, wide, and fast. On Indian roads buyers of high-end high performance cars are almost nil. The few numbers of Lambos and Porsches in India are owned by people who can afford to make their own personal roads to ride these dazzlers. When Lotus, the British automakers, hinted the possibility of Lotus Elise’s launch in India, I was thinking about the possible drifts it can make in the heart of sports car enthusiasts. Lotus has the design motto "Performance through light weight". Even if you have never got behind the wheels of a Lotus, you have probably heard of it in Formula 1 races. Now, the company is looking for a partner to set up showrooms in Mumbai and Delhi. Sport Cars from the Malaysian national carmaker Proton is also expected to debut in India with Lotus. These efforts will keep India expecting even before the first Indian Grand Prix. Labels: High-end luxury sports sedans, Lamborgini, Launches in India, Lotus, Porsche, Sport Cars
Friday, 19 October 2007
Porsche power soon to be in India
Quick, what comes to mind when you think of Porsche? A clean cut designed sleek, fast, and incredible handling 2-door sport car with a genuine racing heritage. The ‘Made in Germany’ Porsche is soon to be launched in India. Porsche has recently confirmed that it will assemble its top rated cars in India. Well, here are the Porsche models that will test Indian roads first: the GT and the Cayenne GTS. After the launch of the GT and Cayenne GTS, Porsche has chosen to assemble more vehicle range in India. The GT and Cayenne GTS are Porsche’s landmark models, known for a ride that quickens an enthusiast’s heartbeat. It’ll be crazy if I’ll say getting a new Porsche is a financially savvy move. But relax. Porsche has quoted that Indian buyers can sign up with all these versions at a significantly cheaper prize. All we can do is hope that the price is the only thing that will be cheaper! After all, no want wants to drive a tin even if it does have a Porsche symbol at its front! Labels: Global market, Growth in Indian auto industry, Imported cars, Indian car market, Launches in India, Porsche
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