?Input costs are negotiated on an annual target achievement basis with our vendors and the increase in prices is in line with our renegotiated terms with them. The company has made efforts to keep the price rise marginal on all models after having analysed the additional costs,? said a company release here. More
Courtesy:www.indiacar.net
Archive for December 18th, 2007
Skoda car prices may go up by Rs 20,000
Published December 18th, 2007 in Skoda Auto India. 0 CommentsHyundai to roll out new Santa Fe new model next year
Published December 18th, 2007 in Hyundai Motors. 0 CommentsSanta Fe is an SUV totally imported from South Korea. “The company’s Getz Prime (diesel) and I-10 rolled out recently has been appreciated by our customers in the country and we expect the proposed car too to be accepted in India,” HMIL Senior General Manager B S Jeong said here on Tuesday.
The HMIL is marketing 22 variants of passenger cars in six segments and the Santro in the small car segment has recorded highest sales in the country, said Jeong, who was here to inaugurate a new Hyundai showroom. More
Courtesy:www.indiacar.net
Truck-makers hope for sales to pick-up in ‘08
Published December 18th, 2007 in Tata Motors and Ashok Leyland. 0 CommentsCourtesy:economictimes.indiatimes.com
Tata small car set to offer 25 kmpl mileage
Published December 18th, 2007 in Tata Motors. 0 Comments“It’s an eco-car with a 25 km-per-litre mileage on petrol, meets every international standard and specification, including Euro-4 norms. Acceleration wise, it’s the same as a Maruti 800.” That’s exactly how RA Mashelkar, former CSIR director general, who is now an independent non-executive director on the Tata Motors board, chose to describe the Rs 1-lakh small car on Tuesday. He was recounting his recent ride on the prototype at the Tata Motors’ Pune plant. More
Courtesy:economictimes.indiatimes.com
Tata bids over $2.05-bn for Jaguar-Land Rover; M&M at $1.9 bn
Published December 18th, 2007 in Tata Motors and Mahendra&Mahendra. 0 CommentsJaguar and Land Rover, two iconic auto brands in the UK, are set to see a change of ownership in the new year, with their current American parent Ford Motor looking to finalise a winner by the end of 2007 or early 2008.
The bids from leading Indian conglomerates and the front- runners for the deal, Tatas and Mahindras, are worth over $2.05 billion and $1.9 billion respectively, sources close to the development said. More
Courtesy:www.indiacar.net
Maruti announces savings up to Rs 57,500 for customers
Published December 18th, 2007 in Maruti Suzuki. 0 CommentsCar market leader Maruti Suzuki India Ltd (MSIL) on Tuesday rolled out a special savings scheme — Happy Customer Offer — under which it will sell cars at discounted prices ranging from Rs 18,500 to Rs 57,500 across various models.
The discount comes just before the company is expected to hike prices of its various models by up to Rs 2,000 for which it has already written to its dealers. More
Courtesy:www.indiacar.net
Vroom vroom: Bikers venturing towards premium segment
Published December 18th, 2007 in Honda India, Bikes, Tvs motor and Suzuki. 0 CommentsSagging sales and shrinking market are forcing two-wheeler companies to upgrade and venture into the fast growing 150cc premium bikes segment. The Chennai-based TVS Motor will launch two high-power upgrades of the Apache, its sporty motorcycle model, in the 180cc and the 200cc segment.
Suzuki Motorcycle India plans to introduce an all-new 150cc bike in the domestic market. Meanwhile, bike majors like Honda and Yamaha will unveil their new range of premium bikes at the Auto Expo in January. More
Courtesy:economictimes.indiatimes.com
New models give leg up to Maruti, royalty outgo rises
Published December 18th, 2007 in Maruti Suzuki. 0 CommentsWhile the country’s largest car maker Maruti Suzuki’s shift towards new launches has fuelled its growth rates, there has been a simultaneous increase in the import content due to a change in the product mix.
A higher offtake of new models has caused a higher royalty payout to Japanese parent Suzuki — 2.5% of net sales as against 2.1% last year. At a time when all the carmakers are posting negative growth rates and the passenger car industry grew by a mere 13%, Maruti Suzuki grew by 18% on the back of new models — Swift (diesel), SX4, Zen Estilo and WagonR (LPG combined). More
Courtesy:economictimes.indiatimes.com
Maruti announces savings up to Rs 57,500 for its customers
Published December 18th, 2007 in Maruti Suzuki. 0 CommentsCar market leader Maruti Suzuki India Ltd (MSIL) on Tuesday rolled out a special savings scheme — Happy Customer Offer — under which it will sell cars at discounted prices ranging from Rs 18,500 to Rs 5 7,500 across various models.
The discount comes just before the company is expected to hike prices of its various models by up to Rs 2,000 for which it has already written to its dealers. More
Courtesy:economictimes.indiatimes.com
The success of its global car Swift has prompted Maruti Suzuki India to develop a full-fledged car-designing centre in India.
Maruti has sent close to 100 employees to Japan for training at the global R&D facility of its parent company, Suzuki Motor Corporation, to develop designing capabilities. More
Courtesy:www.indiacar.net
