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Let’s put this piece of information straight to you!
Merely 20 days after the much-hyped diesel version of SX4 was launched in the Indian automobile market, Maruti Suzuki has already received more than 5000 bookings for the model.
Yes, the response to the SX4 diesel variant has been phenomenal and its being expected that Maruti Suzuki would have to really work out of their skins to make sure the deliveries for the car is made on time and waiting periods are not long. Continue Reading »
In the world of business, mergers and acquisitions play an important role to make the company a stronger force to reckon with in the future.
When an organization starts a business, it takes various things to reach where it wanted to be and be in the pink of health (business). But when a company takes over another, it does not have to do much. The previous company already has a product line and the company that acquires it just has to manage it, thereby making profits in the end.
In the same context, Mahindra & Mahindra, one of the auto majors of the Indian automobile market has recently finished the formality and acquired a company called Ssang Yong Motor Company. Continue Reading »
Its official!
Honda, India has decided to increase the cost of its vehicles by 2-3% from April 1st. As usual the company has attributed the sudden rise in the increase of vehicles to the increase in the cost of basic commodities for the manufacturing of the cars. Continue Reading »
It’s a moment that has made history for Maruti Suzuki!
Maruti Suzuki, India’s numero uno car manufacturer has got another feather in its already decorated cap. Maruti Suzuki has today rolled out its 10 millionth (1 Crore) car.
The landmark car was a Metallic Breeze Blue colored Wagon R VXi rolled out from company’s Gurgaon plant. With this landmark achievement, Maruti Suzuki becomes the first Indian car company that makes its entry to the select elite club of automobile companies spread across the world who have achieved this milestone. Continue Reading »
In what could be a major setback to India’s image as a ‘friendly foreign territory’ for investment, the German luxury car maker, Audi has threatened that the company may ‘scale back’ investments and even ‘pull out’ from the enticing Indian automobile market.
The auto major can go that way if the government plans to go ahead with its budget proposal which may change the whole definition of completely knocked down (CKD) cars resulting in a heavier import duty burden. Continue Reading »
Along with new product development and product launches, product renovation is something that needs constant attention in the automobiles sector.
Chevrolet seems to be following the same path and it has got decks cleared for a newer version of its model, the Chevrolet Captiva in India. Chevrolet is getting ready to launch a new model for its ageing Captiva and bring in an all exclusive 2012 Chevrolet Captiva soon. Continue Reading »
At a time when the reports of billions and billions of money being stashed in Swiss bank accounts made headlines all over, here is an unusual business opportunity seen and implemented by the auto biggie, Tata Motors.
Tata Motors thought that a group of gangsters might abduct or open fire on politicians to ask for some amount so why not make a bulleted variant of their Sports Utility Vehicle (SUV), The Safari. As a result, even common mass could have their hands on a vehicle that could protect their lives. Continue Reading »
Here is another award that goes to one of the best models from the auto major Hyundai, the i10.
Yes, after lapping up ‘Car of the year’, ‘Best People’s Cars’, ‘Fuel Efficiency Award’, the car has again been adjudged ‘Best City Car’. The car has not only been extremely successful in India but also abroad. Continue Reading »
At a time when automobile companies all over the world are vying to operate in the enticing Indian operating market owing to exponential growth factor; here is a shocker. Kia Motors, Korea’s second largest automobile company has gone ahead and decided not to operate in India.
Yes; that’s true! Kia Motors which is Korea’s second largest car maker has decided not to start their operation in India. Continue Reading »
It’s now a known fact that Japan has been swept away by one of the most destructive natural calamity ever. The devastating earthquake in the ‘land of the rising sun’ resulting in a Tsunami has put a hold on all the activities from Japanese economy.
The country is facing an emergency with even risk of nuclear radiation now cropping up; it is not at all in a position to do trade in any manner. For the same reason, the import of some of key parts for some high end cars and spare parts would be on hold till situation improves. Continue Reading »