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Huge discounts and worries over looming price hikes pushed up passenger car sales with 10 famous passenger vehicles dealers together last December recording a growth of almost 7.25% to sell nearly 189,383 units during the month. An industry official said, “Car companies were offering discounts to increase off-take of petrol vehicles, which had slowed down due to the incessant hikes in price of the fuel. This coupled with anxiety over increase in prices of cars from January, boosted sales.” Continue Reading »
The leading automakers of India such as Mahindra & Mahindra Ltd and Tata Motors Ltd., ended the year 2011 with growth in vehicle sales for the month of December. Nearly, 82,278 units were sold by the huge carmaker called Tata Motors in the month of December. Another leading market leader called Mahindra, a leader in sport utility vehicles also sold nearly 42,761 vehicles. High interest rates as well as big fuel rates are constantly giving trouble to auto industry of India.
However, the high effectiveness of diesel vehicles and the cheap cost of fuel are attracting many consumers. A few of the most affordable diesel-powered passenger cars like Indica were sold by Tata Motors. Mahindra also sold a few diesel-powered vehicles in its portfolio. According to the current report got from Deloitte that whole demand until the 2010 year in the auto sector of country is the rapidly increasing in the world. This growing demand in the auto sector will also improve in the year 2012 as inflation worries ease as well as fuel costs get stabilized. Continue Reading »
According to a research conducted by Deloitte, the interest rates and inflation are expected to drop down considerably in 2012 and with the drop in these rates, the car sales are likely to go up. At the time when the auto industry suffered the most because of interest rates and inflation besides the declining rupee, this research should be a great relief to the Indian auto market.
Because of the declining trend lately, auto car makers were forced to incorporate many changes in order to curb the worst possibilities. The Deloitte report named “Driving through BRIC Markets - Lessons” for Indian Car Manufacturers stated the fact that fuel price hikes and high interest rates are couple of the major factors that resulted in poor passenger car sales in the last few months. It also pointed out that since the deregulation of petrol prices in 2010 the fuel prices have seen an enormous increase of 34 percent. Continue Reading »
In the upcoming Auto Expo, Macho wheels is going to take the center-stage since SUVs are set for appearing as the watch-outs at the week-long automobile show, which will take place on 5 January. The SUVs, which will be revealed, are Ford’s Eco Sport, Tata’s new safari, Audi’s Q3 mini, Rexton and Korando from Mahindra-owned Korean maker and Mercedes’ new M-Class. Apart from all these SUVs, there will be upgrades to a few of the present models that include Force one of Force Motors, the Toyota Fortuner, and Chevrolet Captiva. At the expo, two new SUVs will be also revealed by the leading car industries such as Hyundai and Maruti Suzuki. There is a strong reason behind why SUVs have appeared as the main segment in Delhi expo. Continue Reading »
With the serious errors leaking into its cars of late, it has been announced by the Indian unit of Toyota Motor Corporation to recall almost 40,000 units of both the models Liva and Etios. According to Toyota Company, it is a proactive approach and not a recall. Both the cars Liva and Etios manufactured until 8 October 2011 will be checked for the faults or cracks found in both fuel and hose pipe. Continue Reading »
The huge SUV from Force Motors really has notice from sections around. Now we will have a look into where Force has the place in the market to compete. Coming from the garage of manufacturer who has been famous for its commercial vehicles such as Trax, the greatly motivating Gurkha, Minidor, and Matador that is launched half a century ago, its first passenger vehicle called the Force One is really to look for. The Force One is really spacious in terms of both carrying passengers as well as monthly grocery. Force One also has a ginormous and even plenty of cubbyholes all across to store knickknacks. Continue Reading »
Audi S8 that will be launched in the year 2012 on the market is the new and leading model of the Audi S model family. It is a luxurious and big car of ultimate power. In the new model Audi S8, 4.0 TFSI generates not less than 520 hpPs. A continuous 650 Nm of torque is also delivered by the TFSI to the crankshaft between 1,700 and 5,500 rpm. The result is terrific performance. The sprint from 0 to 100 km/h takes only 4.2 seconds. The highest speed is electronically capped at almost 250km/h. It makes the fuel intake of resonant new model twin-turbo V8 more wonderful. Continue Reading »
Both general sentiment downturn and slow-moving December month has increased record levels of petrol vehicles around car segments insisting many different car companies to push sales through big discounts. It means that the month of December can be only the time for getting the good deals in the industry. You can consider a few options that are provided on offer. Discounts are provided for small petrol cars that range from Rs. 25,000 for Maruti Suzuki Wagon R to more than Rs. 64,000 on Chevrolet Spark. A normal discount is available nearly Rs. 30,000 to 35,000 on everything like from Maruti Suzuki’s Chevrolet Beat to Hyundai i10 and AStar. Continue Reading »
In an official announcement made by Fiat India Automobiles, the company declared a price hike of 2 per cent, which will be effective from January 2012. The price hike is applicable on some of Fiat’s successful car models such as Punto and Linea. The price hike is a reaction to the unreasonable and ever increasing input costs. This move did not come as a shock to the market as Fiat is not the only company that announced a price hike. The rising input costs have forced many companies to revisit their pricing strategies and change them considerably. Continue Reading »
It has been already planned by Mercedes-Benz to set the pulse racing at the 11th Auto Expo with its amazing products, highly praised future technologies, and new design language in the year 2012. It will launch SLS AMG Roadster as well as display a range of exotic cars and highlight technological marvel the A-Class concept and future technologies such as the Fuel Cell technology. Mercedes Benz got huge success in the year 2011. Now, it is all set for revealing the sporty and wonderful qualities of its three Pointed Star in the 11th Auto Expo. Continue Reading »