Archive for March 3rd, 2008
Mahindra & Mahindra announced on Monday the launch of the new Bolero Camper DX, designed to address the market for pick ups, in Hyderabad. Pick up, now considered to be a growing segment in the country, is priced at Rs 5.34 lakh, ex-showroom in Hyderabad. More
Courtesy: www.indiacar.net
Hyundai weighing launch of $3,500 car-executive
0 Comments Published March 3rd, 2008 in Hyundai Motors, Launches.
Hyundai Motor Co, South Korea’s top automaker, is studying the development of a car priced at around $3,500 with a potential roll-out in two to three years, a senior executive said on Monday.
But H.S. Lheem, president and chief executive of Hyundai’s Indian operating unit, said the car under consideration was not meant to compete with […]
Fiat India Automobiles Pvt Ltd has announced a reduction in the prices of its flagship model Palio Stile 1.1L. The prices of SL, SLE and SLX versions of Palio Stile have been reduced by around Rs 12,000 . ?We welcome this move by the Finance Minister and have decided to pass on the benefit to […]
Toyota Motor Corp still expects to see a second-half recovery in industry-wide auto sales in North America, though tighter credit conditions have injected a note of uncertainty, the automaker’s president said on Monday. Speaking through a translator on the eve of the Geneva auto show, Toyota President Katsuaki Watanabe also said the stronger yen was […]
Budget bounty for small car, two-wheeler manufacturers
0 Comments Published March 3rd, 2008 in Bikes.Farmers loan waiver scheme may have been the most talked about measure in the Budget, but for the middle class, the Budget was all about small, but smart cars.
Not surprisingly, finance minister P Chidambaram, who looks and sounds as suave as his target audience in urban India, cut the excise duty on small car by […]
Hero Honda expects better sales post Budget announcements
0 Comments Published March 3rd, 2008 in Bikes.Country’s largest two-wheeler maker Hero Honda, which slashed prices across its various models after the excise duty cut announced in the Budget, expects better sales in coming months courtesy the overall policy.
The company had announced a price cut in the range of Rs 1,300 to Rs 2,400 across its various models, while its flagship model […]