Tuesday, November 30, 2010

Nissan Micra Diesel To Hit Indian Roads in December 2010

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Nissan Micra Diesel Car IndiaNissan Motor India Private Ltd (NMIPL), following the successful commercial launch of the petrol variant of its first ‘Made-in-India compact hatchback –Nissan Micra announced that the diesel variant of Micra will hit Indian roads in December 2010. The Nationwide sales for the Diesel-powered Micra would commence from December 10, 2010. The announcement was made by Kiminobu Tokuyama, M.D. and CEO, NMIPL, Dinesh Jain –CEO, Hover Automotive India Pvt Ltd (HAI) –the strategic alliance partner for Nissan in India, accompanied by other senior officials of Nissan and HAI.

Nissan Micra Diesel is a smart, global hatchback with an affable appearance and engineered for easy handling and sprightly performance, while realizing class-competitive fuel efficiency. The Diesel-powered Micra comes with fuel economy of 23.08 kmpl (as approved by ARAI), making it the best in its class. Positioned in the B+ car segment, the Micra Diesel is powered with the popular 1.5litre Common Rail Direct Injection K9K Diesel Engine, which is mounted for the very first time in India on Nissan's versatile ‘V' platform.

The 8-valves, 4-cylinder Diesel-powered Micra generates Power rated at 47Kw (64PS) @ 4000 rpm, while torque output is 160Nm @ 2000 rpm. The Nissan Micra Diesel comes with a 5-speed manual gearbox. The wide gear coverage enables the 1.5-litre engine to achieve brisk acceleration in city driving conditions. The engine is refined and very silent, thus well adapted for Indian conditions.

Speaking on the occasion Kiminobu Tokuyama, M.D. and CEO, Nissan Motor India said, "The success of petrol powered Micra in the domestic market has given us huge confidence to introduce the Diesel powered Micra within six months from the petrol version. The Diesel Powered Micra with its best in class fuel efficiency and unique features has the potential to crave a niche for itself in the overcrowded compact hatchback segment in India. This is not just another variant. It is the right product at the right time that will offer the discerning Indian customers a good means of urban mobility with a complete package of performance, features, safety and comfort. We are aware this is a very important phase of our journey and we stand by our commitment to provide Indian customers with a full range of products and services"

Starting November 7, 2010, the Nissan dealerships across the country have already commenced the bookings for the Diesel powered Micra. A comprehensive multimedia ad campaign (T.V., Radio, Print and Digital) has also been launched to support this activity. Says Dinesh Jain, CEO, Hover Automotive India, "Ever since we launched the petrol variant in July, we have been flooded with enquiries for Micra Diesel. I am confident that the Diesel-powered Micra, is a good value proposition and a desirable option to choose from, for the Indian customers during this season. We are elated with the initial response the pre-order bookings have generated so far through our dealerships prior to the launch. We keenly look forward to replicate the success of the petrol variant with the Diesel-powered Micra. The Nissan Micra Diesel will be launched nationwide with a comprehensive multi-media marketing campaign featuring our brand Ambassador Ranbir Kapoor. We will also be using some non-conventional forms of media to maximize the product visibility and increase sales."

Nissan Micra Diesel is born out of the need to simplify the city chaos and enrich the urban driving experience. It is a reliable, stylish, safe and eco-friendly car for people who enjoy everyday driving. The Diesel-powered Nissan Micra will be available in two variants of XV and XV (premium). Available with greige interiors, it will be introduced in a range of six colours; Sunlight Orange, Brick Red, Pacific Blue, Storm White, Blade Silver and Onyx Black. The Nissan Micra Diesel will be marketed and sold in India and subsequently will be exported to South Africa next year.

In July this year, Nissan launched the petrol variant of its first made in India global compact car –Nissan Micra (Global compact hatchback), based on the Versatile ‘V' platform at its factory in Oragadam, Chennai. Since the sales began on July 15, 2010, the company has sold over 5000 units of Micra. With the soon-to-be launched Micra Diesel, Nissan will add another variant to its product kitty to cater to its Customers' choice.

Unique Proposition
The Diesel-powered Nissan Micra is equipped with some key technological innovations, which are designed to simplify day-to-day life for its owners. The Micra Diesel offers first-in-its-class Intelligent Key plus Immobilizer, a push-button engine start-stop system and electric foldable mirror.

Another unique feature is the intelligent multi-display meter, which supplies drivers with real time fuel economy information and cruising range. In addition, the driver power windows are fitted with ‘one touch up/down' feature along with a pinch guard.

Source: Nissan India

Tata Winger Platinum Now in New Delhi; Price @ Rs. 7.35 Lakhs

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Tata WingerTata Motors launched a new offering in the Winger range, the Tata Winger Platinum, in New Delhi. The Tata Winger Platinum is a luxurious 7 seater, designed to provide an enhanced on-road experience with a perfect blend of comfort and space. The Tata Winger Platinum has been specifically designed to fulfill the needs of passengers who look for carriers but have to depend on Utility vehicles.

The innovative design of the Tata Winger Platinum ensures that for a similar vehicle size, it provides much more space in the passenger seating area. This ensures that passengers are equally comfortable even in the last row making it the most apt vehicle for the segment. The seven individual reclining captain seats provide private space for each passenger.

With adjustable head rests, soft wide adjustable armrests, best in-class legroom, individual AC vents and wide luggage space, the Tata Winger Platinum ensures every journey is a pleasurable experience. Passenger comfort has been further enhanced with well thought out features like collapsible grab handles, a side foot step for easy entry, coat hooks and two mobile chargers. In addition, a 2-Din music system with 4 in-built speakers and provision for LCD provide sufficient entertainment for long trips.

The fully enclosed body, rugged engine sub-frame, anti-roll bars at both front and rear, retractable seat belts and child safety lock enhance safety. The 3-way adjustable driver's seat with power steering and a turning radius of 5.65 metres helps reduce driver fatigue. Motorised headlamps, fog lamps and a demisting unit aid visibility while driving. The aptly designed suspension ensures ride comfort, while the monocoque design minimises NVH (Noise, Vibration & Harshness). The Winger is powered by a proven 2-litre turbo charged inter cooled diesel engine.

The versatility of the Tata Winger Platinum allows it to be deployed for both long-distance transportation as well as intra-city needs such as transportation for working executives, holidaying families and other tourist usage. The Tata Winger Platinum comes in two colour options – Pearl White and Cycus Grey. It is backed with a 1.5 lakh km / 18-month warranty. The Tata Winger Platinum BSIII would be available at a price of Rs. 697,593 lakhs and the Tata Winger Platinum BS IV would be available at a price of Rs. 735,055 lakhs (ex-showroom, New Delhi).

Source: Tata Motors India

Volvo XC60 Price Starts @ Rs. 39.5 Lakhs Launched in India

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Volvo XC60In the picturesque locale of Lavasa, Volvo Auto India today crafted a new definition of luxury by unveiling the much awaited Volvo XC60. With state-of-the-art technology, unmatched combination of power and style - the Volvo XC60 is all set to create a new benchmark in the compact luxury SUV segment in India.

Powered by the high performance latest generation D5 Twin-Turbo diesel engine, Volvo XC60 will be the only SUV in its category to offer unique features such as Laser Assisted Automatic Braking (City Safety), Turn with Steering Lights (Active Bending Lights), Haldex AWD (All Wheel Drive) with Instant Traction, Continuously Controlled Chassis Concept (FOUR-C) and Power Tailgate amongst others.

Speaking at the launch ceremony, Paul de Voijs, Managing Director, Volvo Auto India, said, "Volvo XC60 is a perfect embodiment of our brand's core attributes of safety, comfort, quality, Scandinavian design and innovation. Heart-stopping looks coupled with innovative technology and off-road capabilities, it is a perfect blend of style and practicality. We are confident that in India, Volvo XC60 will give us a competitive edge in its segment."

Priced at Rs. 39.5 Lakhs (Ex-showroom, Delhi) and Rs. 41.41 lakhs (Ex-Showroom, Mumbai, incl. Octroi), the Volvo XC60 will be retailed through Volvo's dealerships across the country starting November 2010.

"The pre-bookings of the first batch of XC60 bears testimony to the faith our customers have for the Volvo brand. The launch today further reinstates our commitment to provide best-in-class quality and technology to our customers in India", de Voijs further added. In India Volvo XC60 will be imported as CBU (Completely Built Units) from the company's manufacturing facility in Ghent, Belgium.

Globally Volvo XC60 has been a great success and has won over 22 coveted awards including – United States: International Truck of the Year; UK: SUV of the Year; Australia: Best SUV over $40,000; Germany: Paul Pietsch Award for City Safety; Germany: Autoflotte Award; France: Innovation for Safety Award; Russia:"Golden Klaxon", the best compact crossover; Portugal: Innovation & Technology Award; Malaysia: Car of the Year with special mention of safety award amongst others.

Volvo XC60 Price in India: Rs. 39.5 Lakhs (Ex-showroom, Delhi) and Rs. 41.41 lakhs (Ex-Showroom, Mumbai, incl. Octroi),

Source: Volvo India

New Jaguar XF Diesel Price @ Rs. 48.37 Lakhs Launched in India

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New Jaguar XF DieselJaguar launched the all new Diesel XF in India. This follows the successful launch of the highly acclaimed 5.0L naturally aspirated petrol XF and the supercharged XFR in 2009. Contemporary, individual and beautifully crafted, the XF has the soul of a sports car, the style and sophistication of a luxury four-door saloon and the visual excitement of a coupe. Delivering high performance, excellent refinement and outstanding dynamic ability, the XF is true to Jaguar's philosophy of creating beautiful, fast cars.

Launched with the state-of-the-art 3.0-litre AJ-V6 Diesel S engine, the Diesel XF provides drivers with superior driving dynamics, a more striking appearance and an upgraded interior which offers the ultimate in sporting luxury. The twin sequential turbocharged engine with 275PS and 600Nm of torque offers exceptional efficiency and refinement. To deliver the high levels of power and torque seamlessly and with effortless flexibility, this engine is perfectly matched to Jaguar's sophisticated six-speed ZF 6HP28 automatic transmission and can accelerate the Diesel S from 0-100 kmph in just 6.4 seconds.

Featuring technologies such as the JaguarDrive Selector, JaguarDrive Control, Jaguar Sequential Shift and Dynamic Stability Control with Trac DSC mode the new Diesel XF combines responsive, sporting dynamics with the refined, supple ride expected from a luxury Jaguar. The Diesel XF is fitted with 18" inch alloy wheels with full size spare wheel as standard.

The XF 3.0L Diesel model launched in India includes many premium features as standard: Soft Grain leather seats, Phosphor Blue halo illumination and interior mood lighting, seven-inch full colour touch-screen display and Jaguar Smart Key SystemTM with Keyless Entry and Start. Also included as standard are cruise control, electric glass sunroof, front and rear parking aid with rear view camera and Jaguar Sound System with 6 CD player.

The new Diesel XF introduced in India has been customised by Jaguar engineers in the UK for the Indian market. With ride height adapted for Indian conditions and a non-DPF diesel engine, the 3.0L Diesel XF has been fully homologated and certified at ARAI for the Indian market. This symbolises the importance of and Jaguar's commitment to the fast growing Indian premium luxury car market. The new diesel XF is available in India in the Premium Luxury derivative and is approximately priced at Rs. 48.37 Lacs, (ex-showroom Delhi).

Jaguar XF Diesel Price in India: Rs. 48.37 Lacs, (ex-showroom Delhi).

Source: Jaguar India

Skoda India Rolls Out 100001 Car From Aurangabad Plant

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SkodaAuto IndiaSkodaAuto India, a fully owned subsidiary of SkodaAuto a.s., Czech Republic and part of Group Volkswagen India, one of the most promising automobile companies in India, today rolled out the 1,00,001st car from its plant at Aurangabad. The fact that the 1,00,001st car was a Yeti, one of skoda's recent launches, makes it an even more special event. The occasion was graced by H E Miloslav Stasek, the Ambassador of the Czech Republic in India, and Stackmann,- the Board Member for Sales and Marketing at SkodaAuto a.s. and Chairman of SkodaAuto India.

A nicely arranged ceremony started with a joint tree planting on the factory premises.

Marking the occasion, the Ambassador of the Czech Republic in India, H E Miloslav Stasek said, "This, the biggest investment in India by a Czech company, SkodaAuto India, has achieved incredible growth. The world=class products provided by SkodaAuto India, offering high quality with a human touch, are the strongest pillar of its success."

Speaking on this occasion, Stackmann, the Board Member for Sales and Marketing at SkodaAuto a.s. and Chairman of SkodaAuto India, said, "India, as a very important future market, was entered by skoda ten years ago in a great spirit of entrepreneurship. This wouldn't have been possible without the support of our employees, the Indian government, our suppliers, our business partners and, especially, our valuable customers.

Over the past decade, skoda has reinvented itself as a strong, sensitive and, more importantly, a clever player in the automobile sector. Our factory at Aurangabad is our strength and will play an even more important role in the future, as our plans for expansion in the Indian market are ambitous. We at SkodaAuto are very proud of our current achievements and want to take this opportunity to congratulate all our stakeholders."

Dr John Chacko, recently announced Volkswagen Group Chief Representative India and President and Managing Director Volkswagen India, delivered a welcome note underlining the importance of the Aurangabad factory as a source not only of Skoda cars, but also of the Volkswagen and Audi brands.

Dr Oliver Gruenberg, Managing Director Technical Affairs, expressed his thanks and emphasized the committment by the SkodaAuto India management and workforce to tackle the challenges in the near future.

skoda's Superb, Laura and the newly launched Yeti are produced at the Aurangabad plant. The Aurangabad plant also manufactures Volkswagen's Passat and Jetta, as well as Audi's A4, A6 and Q5.

Prominent industrialists, senior government officials, the Group's board members, senior embassy officials, SkodaAuto India's board members and employees were present on this occasion.

SkodaAuto India recently joined forces with government-run training organizations, Industrial Training Institutes (ITI), Aurangabad, by donating five skoda Fabias for practical technical training purposes.

Source: SkodaAuto India

2 New Showrooms & 4 Workshops in Mumbai by General Motors India

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General Motors IndiaIn its resolve to reach out to its customers, General Motors India launched 2 new showrooms and 4 new workshops in Mumbai. With this, GM now has 8 showrooms and 9 workshops in the city and 26 showrooms and 27 workshops in the state of Maharashtra, taking the overall tally to 214 Sales Points and 208 Service outlets across the country.

The new showrooms: Ashtavinayak Auto Pvt Ltd and KSM Auto India Pvt Ltd are located at Veera Desai Road, Andheri West and Andheri Kurla Road respectively, while the new workshops Ashtavinayak Auto Pvt Ltd, Nikhil Automobiles Pvt Ltd and KSM Auto India Pvt Ltd are located at Charkop, Oshiwara, Shivri and Goregaon East respectively. The latest dealerships showcase the wide variety of Chevrolet cars and accessories.

Inaugurating the new outlets, Karl Slym, President and Managing Director, General Motors India said, "We are delighted to welcome Shailendra Singh of K.S.M Auto India Pvt Limited and have Puneet Kumar of Ashtavinayak Auto Pvt Ltd and Sumit Gupta of Nikhil Automobiles Pvt Ltd as our partners in Mumbai to support the ever increasing customer base of Chevrolet vehicles in the region and join the Chevrolet family. The dealerships are equipped to provide unmatched services and ambience to its customers, with an impressive display of the entire range of Chevrolet car lines and a wide range of accessories.

Additionally, a team of highly-trained and equipped engineers will always be available at the ultra modern workshops with latest garage tools and tackles, diagnostic equipment and computerized facilities for attending to all the needs of our valued customers in the region. We are confident that under their able leadership and guidance, the dealerships will set new levels in sales, service and customer satisfaction. GM India has witnessed impressive growth in sales over the last year and Chevrolet's ever-growing product portfolio has gained tremendous popularity and faith of the customers across the country".

Chevrolet recently completed seven years of its successful journey after its foray into the Indian market. It has commissioned the power train facility in Talegaon making this the first flexi-engine plant for General Motors globally wherein both petrol and diesel engines are going to be manufactured together. The company has also inaugurated the LNG facility at its factory premises at Halol for supply of gas to its car manufacturing plant and has also ramped up production by adding the second shifts at Halol and Talegaon plants to meet the increased demand of its products. It is also rapidly expanding its sales and service network to support the increasing market demand of its cars.

In 2011, Chevrolet will complete 100 years of its successful operations globally. With a wide array of products and services, Chevrolet has brought unmatched product quality and unparalleled performance to the customers around the world. Inspirational designs, superior technology and innovative programs have made Chevrolet one of the most-loved and sought after brand worldwide. Continuing its journey, Chevrolet plans to launch several new products and services for the global audience, relevant to the respective markets and customer preferences.

Source: General Motors India

BMW India Rolls Out 10,000th Car From Chennai Unit

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BMW IndiaBMW Plant Chennai rolled out the 10000th car from its assembly line. "It is a moment of great pride and joy for us at BMW Plant Chennai to roll-out the 10000th car made in India. The BMW Plant Chennai team is very excited with the achievement of this milestone in less than four years and looks forward to fulfil the increasing demand for BMW cars in India.

BMW production is characterized by people that consider quality not only a task, but first and foremost a core attribute. I am convinced that our employees here at BMW Plant Chennai will make a great contribution in strengthening our company's long-term success in India", said Juergen Eder, Managing Director, BMW Plant Chennai.

On 29 March 2007, BMW India officially opened its production plant in Chennai. The BMW Plant Chennai produces the BMW 3 Series and BMW 5 Series sedans in petrol and diesel variants. By end of 2010, BMW Plant Chennai will also start producing the BMW X1. The BMW Plant Chennai has the capacity to produce 5400 units per year on a single shift basis. BMW India will employ around 400 people by end of 2010. Till September 2010, BMW Group has invested 1.1 billion Indian Rupees. BMW Group's investment in India will be increased to 1.8 billion Indian Rupees by the end of 2012.

Headquartered in Gurgaon (National Capital Region), BMW India is a 100% subsidiary of the BMW Group. The wide range of BMW activities in India include the establishment of a production plant in Chennai (Tamil Nadu), a central spare parts warehouse in Mumbai (Maharashtra) and development of a dealer organisation across major metropolitan centres of the country.

Speaking on this occasion, Dr. Andreas Schaaf, President, BMW India said "Having taken the lead in the premium segment for the first time last year, we aim to maintain our leading position in the Indian market by now embarking on the second wave of our India strategy. We are confident that we will be able to increase sales substantially over the coming years with exciting new products, now produced in India and the ongoing expansion of our dealer network to reach out to more of our potential buyers."

BMW India has set a decisive course in India by setting up BMW dealerships of international standards across all metropolitan centres of the country. In 2011, BMW India will aggressively expand its dealer network by increasing the number of outlets to 22 across major metropolitan centres and emerging markets in India (from the present 18 outlets). Up to 1200 jobs will be created in the dealer and service network.

Source: BMW India

Nissan Motor India to Roll Out MPV in India by Second Half of 2012

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Nissan Motor India Pvt. LtdNissan Motor India Pvt. Ltd, the local arm of Japan's Nissan Motor Co., will introduce a multi-purpose vehicle (MPV) in the second half of 2011-12, managing director and chief executive Kiminobu Tokuyama said. Codenamed NV200, the model is one of the three vehicles the company plans to introduce in the next fiscal year from its joint venture with Ashok Leyland Ltd, Tokuyama said on the sidelines of an auto show hosted by the Autocar magazine.

Sales of MPVs in the country grew 50.45% to 119,377 units in the seven months to October compared with a year earlier, according to the Society of Indian Automobile Manufacturers, or Siam. In 2007, Ashok Leyland and Nissan planned their entry into this low-margin, high-volume market, pledging around Rs2,300 crore for three joint ventures-a light commercial vehicle (LCV) manufacturing firm, an engine manufacturing unit and a technology development business. The LCV unit will produce three vehicles: a truck and a bus weighing 5-7.5 tonnes and the MPV.

The first two products will be ready for launch in the first half of the next fiscal year. Puneet Gupta, analyst at CSM Worldwide, a sales forecasting and market research firm, said the MPV is going to be the next big segment after premium hatchbacks such as Maruti Suzuki India Ltd's Swift. "With the potential of the segment still untapped, it will offer a new entrant like Nissan good volumes." Tokuyama said the truck and bus will be manufactured at Ashok Leyland's factory in Hosur, Karnataka, and the MPV at Nissan's factory in Chennai. Both companies will have their own badging on the vehicles. While Nissan will focus on the premium segment, Ashok Leyland will target the mass volume segment. The joint venture is setting up a new plant near Nissan-Renault's factory in Chennai for manufacturing the LCVs, said three component suppliers to the venture, requesting anonymity.

"We have received RFQs (requests for quotation) from the manufacturers and the unit will start rolling out the vehicles in the next 18 months," one of these suppliers said. But Tokuyama didn't confirm this development. "The partners haven't decided on a new facility yet. We plan to optimize investment in our existing units in the first phase," he said. The seven-seater MPV will compete with the Toyota Innova, Mahindra Xylo and Chevrolet Tavera, among others.

Tokuyama said its launch will be in line with the company's plan to roll out nine models by end of fiscal 2012. Nissan debuted in the compact car segment with the Micra in July, and has already booked around 6,000 units of the car. Tokuyama said the company plans to launch a diesel variant of the car by Christmas and will introduce a sedan version on the same platform in the second half of the next fiscal. Nissan has exported nearly 9,000 units of the Micra to Europe since October, and is aiming to ship out 100,000-plus units by October 2011.

Source: Nissan Motor India Pvt. Ltd

Fiat Punto 90 HP & Fiat Linea T-Jet @ Auto Car Performance Show 2010

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Fiat India Automobiles LtdFiat India Automobiles Ltd delighted car enthusiasts at the Autocar Performance Show through showcase of Punto 90 HP and Linea T-Jet which were successfully launched earlier this year. These segment defying cars are a part of the show to ensure that enthusiasts have a better understanding of these beauties.

Rajeev Kapoor, CEO and President, Fiat India Automobiles Ltd said, "The Autocar Performance Show is a one-of-its-kind platform for car makers and enthusiasts in the country. As a company, it allows us to reach out to a multitude of fans and potential customers in a short span of time. We showcased the Linea and Punto in the last edition of APS and this time we felt it was an ideal platform for us to showcase two of our best cars."

Fiat Grande Punto 90 HP:
The Grande Punto 90HP comes equipped with Dual Stage Airbags, ABS with EBD, Automatic Climate Control, Blue & Me technology, Integrated CD/MP3 player with USB, Alloy wheels with the widest tyres (in the category), Chrome plated door handles, swanky Red stitching on the seats, and a host of other exciting and new age features. Customers will also have a choice of personalization through a special accessory pack for the Punto 90 HP that includes a rear spoiler, chrome exhaust tip, Stylish body decals, sporty aluminum pedals, and leather seat covers & punto branded door Sill. This accessory pack shall provide discerning customers a ‘sporty feel', along with the opportunity to stand out in the crowd.

The Fiat Grande Punto 90 HP MULTIJET, delivering 93 PS of power, is positioned within the ‘performance diesel' segment and competes with existing and future brands in this segment. The car which is available in 5 electrifying colors: Bossa nova white, exotica red, medium grey, fox trot azure and tuscan wine.

FIAT PUNTO 90 HP MULTIJET Price (EX- SHOWROOM)
Delhi - Rs. 679,128
Mumbai - Rs. 701,741
Bangalore - Rs. 688,549
Chennai - Rs. 683,136
Kolkata - Rs. 685,239

Fiat Linea T-Jet is a perfect example of style, class, sophistication, power, performance and comfort. The 1.4 T-Jet is a new generation petrol technology and amazing power of 114.2 PS @ 5000 rpm and low end torque of 207 Nm @ 2200 rpm.

The environment friendly engine delivers an enhanced fuel efficiency of 14.6 kmpl. The new improved AC and premium imported leather upholstery guarantees a comfortable and memorable driving experience. The class leading features of the Linea T-Jet make the car an outstanding in the C segment. The beautiful car is available at all the Tata Fiat showrooms in Mumbai, Pune, Delhi / NCR and Kolkata and is available in 8 colours including Sunbeam Beige colour.

Source: Fiat India

Wednesday, November 24, 2010

Tata Nano Sales Starts in 6 More states

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Tata Motors today announced open sales of the Tata Nano in Gujarat, Andhra Pradesh, Jharkhand, Bihar, Madhya Pradesh and Chhattisgarh from November 22, 2010. Residents of these states, who are desirous of driving home a Tata Nano but had not booked the car during 2009, will be able to purchase a Tata Nano now.

Customers will be able to take a closer look at and test drive the Tata Nano across all Tata Motors dealerships and special Nano access points.

Tata Motors has tied up with 26 banks to offer customers with loans for purchasing the Tata Nano at attractive rates of interest. More such arrangements are in process.

Tata Motors' new 250,000 cars/year plant at Sanand (Gujarat) is fully operational. Production at the plant is being speedily ramped up, for instant delivery.

Tata Nano sales have already begun in Kerala (since August 2010), and in Karnataka, Maharashtra, Uttar Pradesh and West Bengal (since October 2010).

The three variants
The Tata Nano offers an incredibly spacious passenger compartment which can comfortably seat four adults. With a length of just 3.1 metres, width of 1.5 metres and height of 1.6 metres, the Tata Nano has the smallest exterior footprint for a car in India but is 21% more spacious than the smallest car available today. A high seating position makes ingress and egress easy. Its small size coupled with a turning radius of just 4 metres, makes it extremely manoeuvrable in the smallest of parking slots.

The three trim levels and their key features are:
Tata Nano Standard: The standard version, in three colour options, single-tone seats, and fold-down rear seat;

Tata Nano CX: In five colour options, with heating and air-conditioning (HVAC), two-tone seats, parcel shelf, booster-assisted brakes, fold-down rear seat with nap rest;

Tata Nano LX: With the features of CX plus complete fabric seats, central locking, front power windows, body coloured exteriors in three premium colours, fog lamps, electronic trip meter, cup holder in front console, mobile charger point, and rear spoiler. Many of these features are not available on current entry-level small cars in the country.

Performance & specifications
Performance: The 2-cylinder 624 cc engine – delivering 35 PS @ 5250 rpm and a torque of 48 Nm @ 3000 rpm – enables the car to have a top speed of 105 kmph and negotiate inclines with a gradeability of 30%.

Fuel efficiency: 23.6 km/litre, certified by the Automotive Research Association of India (ARAI) under mandated test conditions, which is the highest for any petrol car in India.

Emission: The high fuel efficiency, with a low kerb weight of 600 kg, ensures that the Tata Nano – at 101 gm / km – has the lowest CO2 emission among cars in India.

Safety: The Tata Nano’s safety performance exceeds current regulatory requirements – it passes the roll-over test and offset impact, which are not regulated in India. It has an all sheet-metal body, reinforced passenger compartment, crumple zones, intrusion- resistant doors, besides mandatory seat belts and complies fully with existing Indian safety standards. Tubeless tyres – among which the rear ones are wider endowing extra stability –enhance safety.

Warranty: 18 months or 24,000 km, whichever is earlier.

Nano Secure: Optional Extended Warranty for 18+12 months/40,000 kms, whichever is earlier or 18+24 months/60,000 kms, whichever is earlier.

Source: Tata Motors LimitedTata Motors today announced open sales of the Tata Nano in Gujarat, Andhra Pradesh, Jharkhand, Bihar, Madhya Pradesh and Chhattisgarh from November 22, 2010. Residents of these states, who are desirous of driving home a Tata Nano but had not booked the car during 2009, will be able to purchase a Tata Nano now.

Customers will be able to take a closer look at and test drive the Tata Nano across all Tata Motors dealerships and special Nano access points.

Tata Motors has tied up with 26 banks to offer customers with loans for purchasing the Tata Nano at attractive rates of interest. More such arrangements are in process.

Tata Motors' new 250,000 cars/year plant at Sanand (Gujarat) is fully operational. Production at the plant is being speedily ramped up, for instant delivery.

Tata Nano sales have already begun in Kerala (since August 2010), and in Karnataka, Maharashtra, Uttar Pradesh and West Bengal (since October 2010).

The three variants
The Tata Nano offers an incredibly spacious passenger compartment which can comfortably seat four adults. With a length of just 3.1 metres, width of 1.5 metres and height of 1.6 metres, the Tata Nano has the smallest exterior footprint for a car in India but is 21% more spacious than the smallest car available today. A high seating position makes ingress and egress easy. Its small size coupled with a turning radius of just 4 metres, makes it extremely manoeuvrable in the smallest of parking slots.

The three trim levels and their key features are:
Tata Nano Standard: The standard version, in three colour options, single-tone seats, and fold-down rear seat;

Tata Nano CX: In five colour options, with heating and air-conditioning (HVAC), two-tone seats, parcel shelf, booster-assisted brakes, fold-down rear seat with nap rest;

Tata Nano LX: With the features of CX plus complete fabric seats, central locking, front power windows, body coloured exteriors in three premium colours, fog lamps, electronic trip meter, cup holder in front console, mobile charger point, and rear spoiler. Many of these features are not available on current entry-level small cars in the country.

Performance & specifications
Performance: The 2-cylinder 624 cc engine – delivering 35 PS @ 5250 rpm and a torque of 48 Nm @ 3000 rpm – enables the car to have a top speed of 105 kmph and negotiate inclines with a gradeability of 30%.

Fuel efficiency: 23.6 km/litre, certified by the Automotive Research Association of India (ARAI) under mandated test conditions, which is the highest for any petrol car in India.

Emission: The high fuel efficiency, with a low kerb weight of 600 kg, ensures that the Tata Nano – at 101 gm / km – has the lowest CO2 emission among cars in India.

Safety: The Tata Nano’s safety performance exceeds current regulatory requirements – it passes the roll-over test and offset impact, which are not regulated in India. It has an all sheet-metal body, reinforced passenger compartment, crumple zones, intrusion- resistant doors, besides mandatory seat belts and complies fully with existing Indian safety standards. Tubeless tyres – among which the rear ones are wider endowing extra stability –enhance safety.

Warranty: 18 months or 24,000 km, whichever is earlier.

Nano Secure: Optional Extended Warranty for 18+12 months/40,000 kms, whichever is earlier or 18+24 months/60,000 kms, whichever is earlier.

Source: Tata Motors Limited

Porsche Centre Opens in Hyderabad India

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Porsche has a new home in South India’s growing market for exclusive cars. With the opening of Porsche Centre Hyderabad in the upmarket Jubilee Hill, Porsche is set to provide customers across the Andhra Pradesh State with an unparalleled experience through this state-of-the-art facility. Along with New Delhi and Mumbai, this becomes the third Porsche Centre in India.

Construction of this superbly located showroom started in late 2009. The facility offers 5,000 square feet of showroom space with four sales consultants being permanently available for visitor enquiries. Now completed, the site is home to the entire Porsche product range, including the latest arrival – the new Porsche Cayenne.

With the opening of , Porsche is pursuing its strategy of expanding its presence across India, enabling the car manufacturer to offer its customers a high-end product with uncompromising service standards.

Speaking at the occasion, Rajiv Sanghvi, Executive Director of Porsche Centre Hyderabad, said: “We are proud to be selected by Porsche to represent its operations in this key region. Our young and dynamic team is committed to delivering outstanding Sales and After Sales service on par with Porsche global standards.”

Speaking at the opening, Ashish Chordia, Director of Porsche India, said, " We are delighted with the new facility at Hyderabad and look forward to offering our customers outstanding service in this modern facility. Porsche will expand its presence across India with operations to be opened in Ahmedabad, Chandigarh, Bangalore, Chennai, and Kochi.”

Source: Porsche India

Next Generation Fiat Linea T-Jet Launched in Kolkata

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Fiat Linea T-Jet CarFiat India Automobiles C segment offering Linea won many admirers when it was first launched in January 2009.Fiat Linea T-Jet Yesterday with the launch of the next generation Fiat Linea T-Jet the company is ready to redefine the performance and luxury benchmarks in the C segment. With an array of best in class features the new Italian beauty is reminiscent of higher segment cars. With a brand new T-Jet engine the new Fiat Linea will be a powerhouse. The new imported power train delivers 114 PS power and an unbelievable torque of 207 Nm, enough to leave all its competitors behind. With this, the Fiat Linea will be the first and only car in the premium sedan segment to boast of a turbo charged petrol engine.

The Fiat Linea T-Jet comes with 13 new features and 7 class leading equipment is sure to delight its owners. The cars sets new benchmarks in the area of performance, safety,comfort,ride and handling and in- car Infotainment. All 4 disc brakes(a first in the segment) developed with Dual airbags,ABS with EBD. Bigger 16 inch alloy wheels with wider 205/55 R16 tyers and longest wheel base of 2603mm and enhanced ground clearance of 170mm. Premium imported leather upholstery and soft touch dashboard with chrome accents. Cabin comfort is ensured with Auto AC, with rear knee and foot level AC vents which makes it more luxurious.

The good news extends to the pricing with the car being available in two variants at a special introductory period price. The all new Fiat Linea T-Jet is available with amazing price tag at Rs. 8.55 lacs and Rs. 8.99 lacs (ex-showroom Delhi). Fiat India will initially focus on two of the most important markets, Mumbai / Pune and Delhi / NCR, which constitute 60 percent sales volume in the C plus segment. With its focus on these important markets and other top metros, Fiat expects to drive in the Linea T-Jet with a vroom.

Speaking on the launch of the all new Linea, Mr. Rajeev Kapoor, President and CEO, Fiat India Automobiles Ltd said, We are pronouncing the Linea T Jet as Refined luxury and power. The Linea T jet is a product that has been refined according to the feedback received from existing and potential customers. It literally sets a benchmark in the C plus segment with its robust engine and the never ending list of features. The new Linea offers a perfect blend of sophisticated style, guaranteed performance, class leading comfort, outstanding ride and handling with unbeatable toughness. Linea T-Jet is sure to give competition in the C plus segment, a run for its money.

The beautiful and performance oriented Linea T-Jet will be available in a spectacular new Sunbeam Beige colour. The car will be available at Tata Fiat showrooms in Mumbai and Delhi before it is launched in a phased wise manner across the country. The Linea has won many hearts with its tangible attributes and its creative campaign which had everyone humming the Admiration Guaranteed tune. The new Linea T-Jet will continue to melt hearts with the launch of a new chapter of this popular campaign.

Source: Fiat India Automobiles Ltd

Maruti Suzuki Gets Prestigious Global MMA Award

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Maruti Suzuki India Limited, country’s largest carmaker has won the prestigious MMA Asia Pacific and the Global awards for its digital campaign –‘Sports Sponsorship goes mobile.’ The Awards are given to companies for the best use of mobile media for branding purposes, both in the Asia Pacific region and globally. The award ceremony was held at Los Angeles, USA, last week.

This is the first time that any Indian company has been chosen for these prestigious awards at a global level. The awards Asia Pacific - Maruti Suzuki with Affle, Sports Sponsorship Goes Mobile and Global - Maruti Suzuki with Affle, Sports Sponsorship Goes Mobile were announced by Global Mobile Marketing Association (MMA) at the ceremony on November 17 at Mobile Marketing Forum in Los Angeles. M/s Affle are Maruti Suzuki’s mobile media partner, whose products and services were used to drive this campaign.

Maruti Suzuki had executed “Sports Sponsorship goes mobile” campaign in 2010 around two of the largest sporting – The Indian Premier League (Cricket and FIFA World Cup. It was a two-month long campaign which used multiple mobile media platforms like Affle’s SMS2.0, Mobile Internet, Voice Portals and SMS advertising. The campaign reached to over 7 million users delivering unprecedented engagement levels. With over 1.2 million engagements and a 7 % CTR (Click Through Rate), this campaign played a very important role to get Maruti Suzuki connect with it’s target audience effectively.

The MMA received hundreds of submissions from companies across the globe. Winners were selected by the MMA Awards Selection Committee that's comprised of global industry leaders from wireless carriers, technology and content providers, agencies, and industry publications. Speaking on the occasion, Shashank Srivastava, Chief General Manager (Marketing), Maruti Suzuki said, “We are delighted to have played a leadership role in use of mobile media in India and bring this global recognition to India for the first time. This campaign was a result of our study of changing consumer behaviour that showed a significant increase in the consumption of sports related content on the mobile phones. Based on this, Maruti Suzuki launched this campaign to increase company’s association with sports and build greater affinity with its target audience on their medium of choice. In the traditional media as well, Sports is highly consumed by our target group- which is the growing population of younger people in the country.”

Source: Maruti Suzuki India

Tuesday, November 16, 2010

Skoda Yeti Price @ Rs. 17 Lakh Launched by SkodaAuto India

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Skoda Yeti
- Skoda Yeti Price Starts @ Rs. 17 Lakh
- Skoda Yeti in India Mileage 17.67Kmph as per ARAI

SkodaAuto India, a fully owned subsidiary of SkodaAuto a.s., Czech Republic and one of the most promising automobile companies in India, today announced, launch of the 1st SUV in its product line - The Skoda Yeti.

Borrowing from the illustrious Skoda lineage, the Yeti integrates some of the best solutions from each model in the Skoda range to offer a unique mix of safety, functionality and comfort in a signature modern exterior and interior design. The highly anticipated YETI, Skoda's international best seller is attractively priced at 14.98 lakhs (Ex Showroom Maharashtra).

With the launch of Skoda Yeti, SkodaAuto India expands its product range and hence catering to a wider target audience. Ever since the first showcase of the Skoda Yeti at the AutoExpo early this year, the Skoda Yeti has captured the imagination of auto enthusiasts and customers alike.

The Skoda Yeti has all the makings of a cult car in India as it offers comfort & ride quality of a premium sedan while offering fun, technology & functionality of a premium SUV. The smartly priced Skoda Yeti will attract India's young and increasingly auto-enthusiastic consumers by offering additional technology and multi-role capability.

SkodaAuto India has received numerous customer enquiries even before the commercial launch of the car. One of the most interesting aspects of the response is that customer enthusiasm for Skoda Yeti is spread nationally and not restricted to a particular region unlike the traditional SUV market.

Speaking on the launch, Thomas Kuehl, Board Member & Director, Sales & Marketing, SkodaAuto India said, "It has always been Skoda's endeavor to offer unmatched driving experience, and the new Skoda Yeti is a perfect testimony of this. The Indian consumer will truly get to experience a capable off roader combined with the adaptability of a compact SUV and comfort of a premium sedan for the first time. The Yeti will create a NEW SUV segment between the existing premium and low cost offers.

This unique proposition together with an unrivaled price point gives us the confidence that the Skoda Yeti would attract a new host of customers and reiterate the brand loyalty amongst the existing customers. We are very proud to state that our Yeti will reliably transport its passengers not only to work but will be a pleasant and reliable companion on trips for fun and active relaxation."

He further added "In the compact SUV segment, the Yeti has set new standards internationally, due to its off-road design features, high quality materials, intelligent ergonomics and outstanding equipment. We are confident that Skoda Yeti will alter the perspective associated with traditional SUVs that consume more fuel and emit high emissions and offer a completely new SUV concept for India.

It is positioned as a capable and an accomplished SUV that reflects the ‘go anywhere' attitude of the owner and his/her will to succeed. The positioning statement (The Right of Way) resonates with the determination to succeed against all odds and the belief that nothing can stop the willing from attaining their goals."

The Skoda Yeti is powered by a 2.0 Litre TDI CR engine, which generates maximum power of 140 bhp at 4200 rpm. The fully synchronized six-speed manual transmission gives complete power and control to the driver.

The high-pressure direct injection technology system promises optimized performance, great mileage of 17.67Kmph as per ARAI, combined with excellent. Skoda Yeti is a proud proof that even an SUV can achieve low consumption and emissions.

Source: SkodaAuto India

Friday, November 12, 2010

Mahindra REVA Launches REVAi Electric Car in Hyderabad

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Mahindra REVA Electric Vehicles Pvt. Ltd. (Mahindra REVA), one of the pioneers of electric vehicle technology in India, today announced that its REVAi vehicle will be available at select Mahindra dealerships in Hyderabad.

This is the first major initiative announced by the company post its acquisition by the US $ 7.1 billion Mahindra Group in May 2010. The Honourable Sabita Indira Reddy P. from the Ministry of Home, Jails, Fire Services and Sainik Welfare, handed over the keys of the first two REVAi vehicles to Mr. Anurag Bajaj of the Park Hotel, Hyderabad.

“We are delighted to launch the REVAi in Hyderabad where there is already a great deal of interest in our vehicles. With issues such as climate change and carbon footprint taking centre stage globally, eco-friendly transportation has become the need of the hour. The electric vehicle market is hence, poised to grow rapidly. Mahindra’s extensive distribution network, coupled with our unique finance plan will help us make significant inroads into the local market,” said Mr. R. Chandramouli, Chief of Operations, Mahindra REVA.

The company has also tied-up with Mahindra finance which will enable them to offer customers a unique financing plan. REVAi buyers can now pay an interest free, refundable deposit of Rs. 1,00,000/-, followed by monthly instalments of Rs. 8999/- for a period of 36 months (3 years) and drive home a REVAi. At the end of 3 years, the customer can either continue using the car by making a final payment of Rs. 50,000/- or return the car and claim the refundable deposit of Rs. 1,00,000/-.

The REVAi is a technologically advanced car equipped with a 'boost' mode for acceleration and power. It also has a ‘hill restraint’ feature which allows enhanced negotiation on slopes. As an eco-friendly and economical car, it offers ease of driving without clutch and gears. Its small size makes parking hassle-free and manoeuvrable for safe driving on city roads. Further, the vehicle can drive at 80 km per hour with acceleration from 0-40 km in 7 seconds.

REVA’s patented technology incorporated in its Energy Management System (EMS) ensures optimum performance and life from the battery. The car also has a regenerative braking system by which energy is pumped to the battery while slowing down or applying the brakes. With a range of up to 80 km per charge, the REVAi is suitable for most journeys within the city. Its automatic drive, no emission and no noise make it the ‘perfect city car’.

Source: Mahindra REVA Electric Vehicles Pvt. Ltd

Tata Motors Reconfirms Robustness of Tata Nano Design

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Basis some media reports on the Nano recall, we would like to clarify that Tata Motors is not recalling Nanos. We would like to state again, as we had done in May 2010, that the Tata Nano is a safe car with a robust design, state-of-the-art components and built with an uncompromising attention to quality in all aspects. This has been re-established through a second analysis, conducted during the months of September and October 2010. Customers can rest assured that there are no generic defects in the Tata Nano.

Besides, our customer satisfaction studies with current Tata Nano owners indicate that about 85% are satisfied or very satisfied with the car, because of it being ‘small yet spacious’, its performance, maneuverability, durability, low operating cost and safety. Some owners have taken their Nanos on country-wide trips or to altitudes like Khardungla, the world's highest motorable road. This adequately corroborates the Tata Nano's reliability and safety, as was seen during the validation of the car with about 300 prototypes which covered more than 2 million km of safe operation before launch.

The investigation, by a team of internal and international experts, has once again concluded that the reasons for the incidents in few Tata Nano cars are specific to the cars which had such incidents. We have noticed instances of additional foreign electrical equipment having been installed or foreign material left on the exhaust system. It is also our belief that as we enetrate deeper, the Tata Nano will be bought increasingly by users in the hinterlands not fully familiar to cars.

Taking all this into account, we have decided to make the car even more robust. We will do this by providing additional protection in the exhaust system and the electrical system.

Beginning the 3rd week of November, each owner will be informed about these measures. Option lies with our customers on whether they would like to avail for these measures. This will be provided at no cost to customers.

These actions do not constitute a recall.
As at the end of October 2010, Tata Motors has delivered over 70,000 Tata Nano cars. The company has already declared open sales in Kerala (since August 2010), and (since October 2010) in Karnataka, Maharashtra, Uttar Pradesh and West Bengal. We are receiving good response from these states. Open sales will gradually be extended state by state.

Source: Tata Motors India

Hyundai i20 Crosses Sales of 2.5 Lakh Units

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Hyundai Motor India Ltd, the largest exporter and the second largest car manufacturer in India, achieved another milestone by crossing the sales of 2.5 lakh units of its premium hatchback i20 for the domestic and overseas markets since its launch in December, 2008 . The two new variants - Era & Sportz introduced in April this year have also received a phenomenal response.

Of the 2.5 lakh i20 cars sold, over 92,000 cars have been sold in the domestic market and approximately 168,000 units were exported to around 80 countries. To celebrate this success, HMIL has equipped the Asta variant of the i20 with the cutting edge GPS-based Audio Visual Navigation (AVN System). With this, the award-winning i20 (‘Viewers Choice Car of the Year’ award by CNBC TV18 Overdrive Awards 2010 & ‘Design of the Year’ award by the NDTV Profit Car & Bike Awards 2010) will set new benchmarks in making driving convenient and hassle-free.

Commenting on the occasion, H. W. Park, MD & CEO, HMIL, said, “The i20 in less than two years since its launch has become the most popular car in the premium hatchback segment with its stylish exteriors, premium features and offer of variants in petrol, diesel and automatic transmission options. As we celebrate the 2.5 lakh unit sales landmark I take this opportunity to thank our customers for choosing the i20. To value add further and make it even more attractive and convenient, we are now introducing the high-tech Audio Visual Navigation System.”

The new AVN system will ensure that reaching your destination becomes a hassle-free experience. It comes as an option with the Asta version (both petrol & diesel) with a 2 DIN system with 5 inch LCD display and a touch screen interface with satellite-based voice-guided navigation to enable one to easily chart travel routes within and across multiple cities.

It contains a wealth of details about locations, route options, the nearest Hyundai touch points and numerous other points of interest like restaurants, hotels, hospitals and malls. The SD memory card with pre-loaded navigation software enables users to save favourite routes and also guide different users driving to the same destination through the use of voice prompts which are available in more than a dozen languages including 8 Indian regional languages. Users can also select different route settings like shortest route, fastest route or the optimal route. Desired destinations can be set easily by entering the location names and exploring the map on touch screen, the system also allows users to record travel-related data for every journey. With such advanced features, losing your way will not be an option anymore!

The AVN system comes with complete in-car entertainment and connectivity features. It also doubles up as a video player which supports video playback from the iPod/USB drive. For greater safety and convenience, audio controls are provided on the steering wheel while a remote is provided for the convenience of the rear seat user. The in-built Bluetooth with an audio streaming function enables one to handle calls while driving besides playing music through the phone.

The option would be available only in the i20 Asta variants and with the AVN system would have the starting price at Rs. 630,439 (ex-showroom, New Delhi).

Source: Hyundai Motor India Ltd

Hero Honda Sales Up 42% in October 2010

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The festive fever is really catching on! Hero Honda Motors Ltd (HHML), the world’s largest two-wheeler manufacturer, celebrated the festive mood by reporting record despatch sales of over half a million two-wheelers in just one month – in October this year. The despatch sales of 505,553 units of two-wheelers in October’10 is a healthy 42.7 % growth over the corresponding month in 2009, when it had sold 354,156 units. The previous record of highest-ever monthly sales was in May this year when Hero Honda sold 435,933 two-wheeler units.

Commenting on the record sales, Anil Dua, Sr. Vice-President (Marketing & Sales), Hero Honda Motors Ltd said, “This record of over half –a-million sales in a single month created by the company is extremely encouraging as it clearly demonstrates the confidence our customers have in our brands. Sales of over five lakh units in a month with a 42.7 % growth over the large base of the previous year is a testimony to the winning strategy that we have been following over the past few years. A refreshed product range coupled with innovative branding and marketing initiatives – particularly revolving around the Commonwealth Games Delhi 2010 - can duly be attributed to this success.

“FY’ 2011 has been a magnificent run for Hero Honda as we have been consistently scaling new heights. The company has been on a record sales run of over four lakh units each month since May, capping it off with the 5-lakh plus mark in October. Going forward, we are hopeful of continuing the momentum by staying true to the same winning strategy.”

The last six months have witnessed 6 new launches from Hero Honda comprising a mix of new models, variants and refreshes. Earlier this financial year, the refreshed models of Glamour and Glamour FI were introduced to strengthen company’s leadership in the deluxe segment. Besides the launch of the new Super Splendor and Hunk, the festive season also witnessed the launch of a new bike from Hero Honda, the Splendor Pro.

Splendor Pro has brought in the biggest-ever change in Splendor since its launch. It comes with APDV engine with Advanced Pro-Series Digital Variable Ignition System. Yet another attraction has been the launch of Passion Pro Commonwealth Games Limited Edition. The bike was designed as a collector’s item in order to celebrate Hero Honda’s association with the Commonwealth Games Delhi 2010 and spread the flavor of games amongst the sports-loving youth.

Hero Honda as a Presenting Partner of the Queens Baton Relay, and Partner of the XIX Commonwealth Games Delhi 2010 rolled out exciting initiatives which were aimed at mobilizing people and creating awareness. Amongst the various initiatives, one of the main attractions has been unique ‘Dhadkanon Ki Rally’ planned for sports lovers in rural India.

Source: Hero Honda Motors Ltd

Harley Davidson to Assemble Motorcycles for Indian Market

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Harley-Davidson, Inc. is moving forward with the launch of operations in India to assemble motorcycles for the Indian market from component kits supplied by its U.S. plants, the Company announced today. The Company expects the CKD (complete knock-down) assembly facility to be operational in the first half of 2011.

The announcement comes as President Barack Obama prepares to travel to India on a state visit focused on trade and business opportunities between the two countries.

"CKD assembly operations in India are a natural next step for Harley-Davidson as we build our brand presence around the world," said Harley-Davidson Motor Company President and Chief Operating Officer Matthew S. Levatich. "This investment will allow us to improve our market responsiveness and production flexibility while reducing the tariff burden, which we expect will drive growth over time by making our bikes more accessible to India's consumers. Given the strong response we have received in the initial months of retail operations, we believe this is the right investment for this important market," Levatich said.

To date, Harley-Davidson India has been importing completely assembled motorcycles from the Company's U.S. final assembly plants. Once the Indian CKD assembly facility in the Indian State of Haryana is operational, Harley-Davidson India will import CKD kits for select current models, consisting of components produced by Harley-Davidson's U.S. plants in Wisconsin, Pennsylvania and Missouri and by the company's suppliers. Indian employees at the Haryana facility will then assemble the components into finished motorcycles. Other models will continue to be imported as completely built motorcycles for now.

India will be the second country in which Harley-Davidson has CKD assembly operations outside the U.S., after Brazil where the Company began assembly operations in 1999.

"We are committed to global growth and growth in India for the long term," said Levatich. "India's rapidly growing economy, rising middle class and significant investment in construction of new roads and highways are paving the way for leisure motorcycle riding."

"We are building a strong foundation for our business in India, first by establishing a world-class dealer network, and now by commencing CKD assembly operations," said Anoop Prakash, Managing Director for Harley-Davidson India. "It is important for us to continue to invest in strategies that make our products and experiences accessible to an increasingly broader set of customers across India."

Harley-Davidson, Inc. is the parent company for the group of companies doing business as Harley-Davidson Motor Company (HDMC) Harley-Davidson Financial Services (HDFS), and Buell Motorcycle Company (Buell). Harley-Davidson Motor Company produces custom, touring and cruiser motorcycles and offers a complete line of Harley-Davidson motorcycle parts, accessories, riding gear and apparel.

Source: Harley-Davidson, Inc

Yamaha Bikes Sales Up 19% in October 2010

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Triggered by the success of new launches this year as well as an upturn in consumer sentiment, India Yamaha Motor has registered a growth of 19.2% in sales during October 2010 as compared to the corresponding period last year. It sold 37,251 units in October 2010 as against 31,247 units sold in October 2009. In domestic markets, the company sold 31,791 units in October 2010 as compared to 26,879 units in the same month last year. The export figures stood at 5,460 units in October 2010 while 4,368 units were exported in October 2009.

Commenting on the results, Koji Arai, Director - Sales & Marketing, India Yamaha Motor said, “We are overwhelmed with the encouraging response we have been receiving for our premium segment bikes such as YZF-R15 & FZ series including new limited edition FZ series bikes. Our recently launched powerful commuter SZ models and entry level bikes - YBR 125 and YBR 110 have also been acknowledged in the market and have boosted our sales. We are trying our level best to fulfill the huge orders and meet the expectations of our esteemed customers this festive season.”

India Yamaha Motor, however, is not satisfied only with its rising sales; it also wants to project itself as a global brand among the Indian consumers. The company is making continuing efforts to enhance consumer trust by conducting various marketing initiatives like Yamaha R15 One Make Race, Yamaha Safe Riding Science (YSRS) for college students & kids. The company is also focusing its efforts on strengthening its dealer network in tier-2 & tier-3 cities and increasing sub-dealers in rural areas too.

Source: India Yamaha Motor

Tata Motors Q2; Net Revenue Up by 36.5% in 2010

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The Tata Motors Group today reported consolidated revenues (net of excise) for the quarter ended September 30, 2010 of Rs. 28,782 crores, posting a growth of 36.5% over Rs. 21,088 crores in the corresponding quarter of the previous year, with strong volume growth globally in all major markets.

The Consolidated Profit before Tax (PBT) for the quarter was Rs. 2,523 crores, compared to a PBT of Rs. 287 crores for the corresponding quarter last year. The Consolidated Profit for the period (post minority interest and profit in respect of Associate companies) for the quarter was Rs. 2,223 crores, a significant increase from a profit of Rs. 22 crores in the corresponding quarter last year.

The consolidated revenues (net of excise) for the Half year ended September 31, 2010 was Rs.55,838 crores posting a growth of 48.7% over Rs. 37,561 crores in the first half last year. The Consolidated Profit (post minority interest and profit in respect of Associate companies) for the Half year was Rs.4,212 crores as compared to loss of Rs. 307 crores in the first half last year.

Subsidiary Highlights
The Jaguar Land Rover business continued to show strong profitability, with healthy volumes in Q2 FY2010-11, reporting a Profit after Tax of GBP 238 million (Rs. 1,715 crores). Both wholesale and retail volumes, improved favorably as compared to the corresponding quarter in the prior year, on the back of improved market conditions and continued overwhelming response.

Tata Daewoo Commercial Vehicles Co. Ltd. registered a y-o-y quarterly decline of 8.5% in net revenues, mainly resulting from lower exports and ramp up state of operations in newly formed distribution company.

Tata Motors Finance Limited, the company's captive financing subsidiary, reported a net profit of Rs. 45 crores in Q2 FY 2010-11.

Tata Motors Stand-Alone Financial Results for the Quarter and Half year ended September 30, 2010.

Tata Motors gross revenue for the quarter ended September 30, 2010, was Rs. 12,475 crores (quarter ended September 30, 2009: Rs. 8,592 crores).

Revenues (net of excise) of Rs. 11,504 crores, represented a growth of 44.2% over Rs. 7,978 crores in the corresponding quarter last year. Cost pressure, supply chain bottlenecks resulted in a dip in the operating margins to 9.7%, resulting in an Operating Profit (EBITDA) of Rs. 1,118 crores in the quarter (quarter ended September 30, 2009: Rs. 1,066 crores). The PBT for the quarter is Rs.537 crores (quarter ended September 30, 2009: Rs. 907 crores, which included profit of Rs. 370 crores on sale of investments, which were not liable to tax). The PAT for the quarter is Rs. 433 crores (quarter ended September 30, 2009: Rs. 729 crores).

The standalone revenues (net of excise) for the Half year ended September 30, 2010 was Rs.21,920 crores posting a growth of 52.4% over Rs. 14,382 crores in the first half last year. The Profit for the Half year was Rs.828 crores (half year ended September 30, 2009: Rs. 1,243 crores which included profit of Rs 689 crores on sale of investments, which were not liable to tax).

Favorable macroeconomic conditions, good monsoons and good finance availability led to robust domestic demand during the quarter, resulting in volume growth across all segments. In the domestic market, the company's commercial vehicles sales increased by 23.4% year-on-year to 110,630 units. The company's market share in commercial vehicles was 61.1%.

Passenger vehicles, including Fiat and Jaguar and Land Rover vehicles distributed in India, grew by 35.5% year-on-year in the domestic market to 82,564 units driven by continued overwhelming response to the Tata Indigo Manza, the Tata Indica Vista and the Tata Nano. The market share in passenger vehicles stood at 14.06% as compared to 12.86% in H1 FY2009-10. Driven by the Manza, the company's exit market share in the entry-midsize segment has increased substantially to 42.7% compared to 25% in September, 2009.

Source: Tata Motors India

Auto Sales in October 2010; Growth of 33.07%

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The cumulative production data for April-October 2010 shows production growth of 33.07 percent over same period last year. In October 2010, production grew at 44.80 percent over October 2009. Domestic Sales recorded a growth of 45.93 percent in October 2010 as against 21.63 percent growth in September 2010. The main issues that the automobile industry is facing is the availability of parts specter of price rise in raw materials.

Domestic Sales:
Passenger Vehicles segment during April-October 2010 grew at 33.72 percent over same period last year. Passenger Cars grew by 34.29 percent, Utility Vehicles grew by 21.85 percent and Multi Purpose Vehicles grew by 50.45 percent in this period.

The overall Commercial Vehicles segment registered growth of 37.77 percent during April-October 2010 as compared to the same period last year. While Medium & Heavy Commercial Vehicles (M&HCVs) registered growth of 53.19 percent, Light Commercial Vehicles grew at 26.25 percent.

Three Wheelers sales recorded a growth rate of 20.74 percent in April-October 2010. While Passenger Carriers grew by 23.75 percent during April-October 2010, Goods Carriers registered growth of 8.52 percent.

Two Wheelers registered a growth of 29.38 percent during April-October 2010. Mopeds, Scooters and Motorcycles grew by 25.00 percent, 52.11 percent and 25.60 percent respectively.

Exports:
During April-October 2010, overall automobile exports registered a growth rate of 41.44 percent.

Passenger Vehicles segment grew marginally by 1.76 percent in this period. Commercial Vehicles, Three Wheelers and Two Wheelers segments recorded growth of 89.20 percent, 95.30 percent and 48.89 percent respectively during April-October 2010.

Source: Society of Indian Automobile Manufacturers (SIAM)

Thursday, November 4, 2010

Hyundai Santa Fe in India Gets 535 Bookings in Two Weeks

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Hyundai Santa Fe India
Hyundai Motor India Limited, the country’s largest exporter and the second largest car manufacturer, added another feather to its cap with its new luxury SUV Santa Fe receiving overwhelming response from all parts of the country by registering 535 bookings within two weeks of its spectacular launch.

Commenting on this, H. W. Park, MD & CEO, HMIL, said, “It is a matter of great pride for us to have received such an encouraging response for our recently launched luxury SUV – the Santa Fe. The globally acclaimed luxury Santa Fe has class leading features and our Indian customers have received this SUV with unparalleled enthusiasm and affection. Looking at the initial customer response, we might even consider importing larger numbers for the next year.”

The bookings for the Santa Fe opened on 18 October, 2010 and closed on 30 October, 2010. The company has planned to take in only limited number of bookings as the Santa Fe is brought into India as a Completely Built-up Unit (CBU) from the parent HMC in South Korea and demand being exceptionally high in the international market, the Santa Fe numbers would be limited in India.

The company’s initial plans were to sell around 500 - 600 units per annum but looking at the overwhelming response the company will consider bringing in more units in the coming year. The luxurious Santa Fe was offered at an introductory price of Rs 20, 95,000 (2WD) and Rs 22, 95,000 (4WD) Ex-Showroom, New Delhi.

In India, the Santa Fe is available with a 2.2L CRDi engine – the most powerful and efficient engine in its class - that delivers a maximum power of 197PS/4000 rpm and an impressive torque of 42.9 kgm/1800~2500rpm – both highest in class. Available in six speed manual transmission, with an option of 2WD and 4WD, the high-tech engine incorporates a host of advanced technologies aimed at delivering an optimal balance of performance, excellent drivability on all terrains and a segment-best fuel mileage of 14.66 kmpl (ARAI certified).

Source: Hyundai Motor India Limited

Mahindra Scorpio in Himalayas For 3 Years In a Row!

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Mahindra Scorpio in Himalayas
The Mahindra Scorpio, one of India’s most iconic SUVs, recently created a hat-trick at the 12th Raid-de-Himalaya which is one of the most grueling events on the Indian motorsports calendar. The Scorpio emerged the winner in a record three segments under the Adventure Trial – SUV category.

Mahindra Scorpio’s domination of the Indian SUV segment has reached new heights with this achievement. The Scorpio also won Raid De Himalaya in 2009 and 2008 in the Adventure Trial - SUV category, making this a hat-trick win! Sanjay Takale & Rahul Sancheti came overall first in the Adventure Trial – SUV Category as well as first in the Stock Expert segment. The brother duo of K Prasad and K Pradeep came first in the Pro Stock Expert segment and Raj Singh Rathore and Chandrashekhar were the winners in the Stock Amateur segment: all these adding up to a triple treat for the Mighty Muscular Scorpio.

Commenting on the success of the Scorpio, Mr. Vivek Nayer, Sr. Vice-President, Marketing, Automotive Division, Mahindra & Mahindra Ltd. said, “This win further reaffirms the tough and rugged 'Mahindra DNA' of the iconic Scorpio which is a much loved, much admired brand. It is a very proud moment for us as winning the 3rd time in a row is a testimony to the spirit of adventure of the Scorpio as well as the people who drive it so passionately! ”.

Raid de Himalaya 2010 witnessed 164 participating teams grappling with subzero temperatures, highly inhospitable weather and forbidding terrain. The robust and rugged Scorpios however dominated the six-day long competition from the flag-off at Shimla on Day 1, to the close of the rally at Manali on Day 6, maintaining their poise and position through some of the most challenging conditions on earth.

Commenting on the win, Mr. Sanjay Takale, Winner, Adventure Trial-SUV category, Raid De Himalaya 2010 said, “Finishing the Raid de Himalaya is an achievement in itself. This is a team sport and we couldn't have pulled this off if we did not work together. Team Mahindra had a job to do. The rally saw a very high casualty rate due to the treacherous and unforgiving terrain and only the cars with the best technical setup were able to pull through. My biggest advantage was my navigator, Rahul Sancheti, who was spot on with direction and the Mahindra Scorpio which never gave up, no matter what the terrain was. The roads this time tested our mettle and by winning it, we just answered it right”.

Source: Mahindra

Maruti Suzuki Q2 Net Profit Increased

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The Board of Directors of Maruti Suzuki India Limited approved the financial results for the second quarter of 2010-11 (July - September 2010) here today.

The Company registered Net Sales (net of excise) of Rs 89,371 million during the second quarter of 2010-11, a growth of 26.8 per cent over the same period last year. This marked a growth of 11 per cent over Net Sales in the first quarter of this fiscal (April-June 2010).

Net Profit during the second quarter of 2010-11 was Rs 5,982 million, up 5 per cent over the same period last year. This was a growth of 28.5 per cent over the first quarter (April- June 2010).

During the Quarter (July-Sept 2010), the domestic auto industry continued to witness strong volume growth. The Company achieved its highest ever domestic sales in a quarter at 2,77,936 units, a growth of 32.9 per cent over the same period last year.

Unit Sales
During the Quarter, the Company launched Alto K10, and factory-fitted CNG versions of Alto, Estilo, WagonR, Eeco and SX4. An automatic version of A-star was also launched.

The Company’s volume in the domestic A2 segment grew by 30 per cent, while in the A3 segment, sales volume grew by 29.2 per cent, compared to sales in July-September 2009.

Sales in C segment, comprising Omni and Eeco, grew 87.4 per cent.

Network
At the end of the Quarter, sales network stood at 860 outlets, covering 598 cities (end Mar’10: 802 outlets, 555 cities).

Service network stood at 2,819 workshops, covering 1,354 cities. (end Mar’10: 2,740 workshops, 1,335 cities)

Courtesy: Maruti Suzuki India Limited

Hyundai Motor India Sales Up 23% in October

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Hyundai Motor India Ltd, the country’s second largest car manufacturer and the largest passenger car exporter achieved record sales of 34,725 units in the domestic market this month which is the highest ever since the company started sales in September, 1998. This is also the first time that HMIL in the last four consecutive months has achieved over 50,000 units of sale cumulatively.

HMIL’s total sales for October, 2010 stood at 52,225 units as against 51,735 units in October, 2009 registering an increase of 0.9%. The domestic sales accounted for 34,725 units as against 28,301 units in October, 2009 while the exports dipped by 25.3% from 23,434 units in October, 2009 to 17,500 units in October, 2010.

Arvind Saxena, Director - Marketing and Sales, HMIL reflecting on this month’s performance said, “the market has been on an upswing for the last few months but the introduction of the new ‘Next Gen’ i10 has really pepped up things for HMIL with the new i10 sales growing as much as 26% in the last two months. HMIL’s strategy of innovating and giving the customers the latest has worked very well for its success and we feel our customers really appreciate our efforts. The strong domestic demand has forced us to change our product mix and focus more on the domestic market.”

The segment-wise cumulative sales for the month of October, 2010 are as follows: A2 segment (Santro, i10, i20) 46,399 units; A3 Segment (Accent & Verna) 5,730 units; A5 segment (Sonata Transform) 22 units; Santa Fe (SUV) 74 units.

Courtesy: Hyundai Motor India Ltd

Maruti Suzuki October Sales Up 39.2% in 2010

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India’s car market leader Maruti Suzuki India Limited sold a total of 118,908 vehicles in October 2010, growing 39.2 per cent over the same month last year. This includes 11,353 units of exports. In October 2009, the company had sold a total of 85,415 vehicles including 13,864 units for export markets.

For the first time, the company crossed 1 lakh units sales mark in the domestic market in October 2010, touching 107,555 units. The previous highest domestic sales was 95,148 units in September 2010.

The October 2010 sales marked the highest ever numbers in all large volume segments:
- A2 segment: 77,502 (previous highest 68,921 units in Sep10)
- A3 segment: 11,621 (previous highest 10,883 units in May10)
- C segment: 15,379 (previous highest 14,157 units in Aug10)

In October 2010, the sales in A2 segment grew by 50.7 per cent while in the A3 segment the sales growth was 32 per cent, as compared to October 2009. The sales growth in the C segment was 91.8 per cent while sales in B segment were up 151.2 per cent over October 2009.

Courtesy: Maruti Suzuki India Limited

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