Yamaha, which has several scooter models, ranging from 110 cc to 400 cc, is evaluating the right segment to foray into the Indian market. YMI managing director and CEO Tomotaka Ishikawa told ET, “We will enter the scooter market but are yet to finalise the segment and the products. More
Courtesy:economictimes.indiatimes.com
Archive for October 20th, 2007
The bike is priced in the range of Rs 55,000 to Rs 57,000.
Other premium segment bikes from the Hero Honda (Q, N,C,F)* stable are Achiever, CBZ Xtreme and Karizma. Hunk faces competition from Bajaj Pulsar, TVS Apache and Honda Unicorn. More
Courtesy:www.indiacar.net
Courtesy:economictimes.indiatimes.com
Bajaj Auto Q2 net rises 5%, sales dip
Published October 20th, 2007 in Bikes and Bajaj auto. 0 CommentsNet sales, however, declined to Rs 2,362.28 crore from Rs 2,435.9 crore and total income to Rs 2,510 crore from Rs 2,578 crore.
According to the company, the improvement in margins was achieved through a richer product mix, control on cost and ability of the company to command a premium for its brand in the ?125cc plus? category. More
Courtesy:www.indiacar.net
Rs 1 lakh car not possible: Hyundai
Published October 20th, 2007 in Hyundai Motors, Tata Motors and Renault. 0 CommentsTerming as ‘impossible’ the Rs 1 lakh car that Tatas propose to roll out, particularly on safety aspects, Hyundai on Friday said it would like to bring an entry level car with a minimum price tag of $3,000 like the one Renault is planning. More
Courtesy:economictimes.indiatimes.com
The mad ad race gaining pace in automobile sector
Published October 20th, 2007 in Bikes, Volkswagen, BMW and Maruti Suzuki. 0 CommentsThe year 2007 (so far) has witnessed an adrenaline rush in the veins of the marketers of the auto mobile brands in brands.
During Jan- Aug 2007, the advertising spend by the automobile companies on TV has jumped by 30 percent as compared to the same period in 2006 (Adex report on Advertising by the Automobile Industry on TV January-August 2007).
In terms of absolute figures the total commercials by automobile brands have reached an astounding 1355 commercials per day on an average as against 1016 in January- August 2006. For the same period the Car/Jeep segment had 630 ads per day on an average, whereas Motorcycles had 430 advertisements per day on an average. More
Courtesy:www.indiacar.net
Beating interest rate blues: Drive your car on discounts
Published October 20th, 2007 in Hyundai Motors, General motors India and Maruti Suzuki. 0 CommentsCall it the festive bonanza or an effort to boost sales after over eight months of slump in the Indian automobile industry. Major car manufacturers have come up with attractive offers — either in the form of discounts or gift vouchers — to woo customers who have been postponing their purchase due to high interest rates. More
Courtesy:economictimes.indiatimes.com
India Bajaj sees Renault JV study ready in 2 months
Published October 20th, 2007 in Bajaj auto and Renault. 0 CommentsA feasibility study by Bajaj Auto Ltd, India’s No 2 motorcycle maker, and France’s Renault on making a small car in India should be ready within two months, a senior Bajaj official said on Friday.
Renault and Bajaj said in July they were in initial talks on making “very competitive” vehicles in India. “Right now, it looks like the study will be done in six to eight weeks,” Executive Director Sanjiv Bajaj said by telephone. More
Courtesy:www.indiacar.net
