Ford on small car spree

The launch of Figo by Ford has nothing to do with the intensive launches of small cars. The company proposes to introduce compact cars in a phase of every 12-18 months till 2015, to become a prominent volume player in the small car segment, said its President and MD for India. Ford realizes that 80% …

GM makes a bid with Spyker

General Motors is on the verge of disposing its Saab unit to Spyker Cars NV of Dutch to thwart the decay in the damage to the Swedish car maker. The deal will involve $74 million in cash and $326 million as shares, subject to the guarantee of 400 million euro European Investment Bank Loan(on expiry …

Tata to ride safe on LCVs

To revive its vigor in the auto industry, Tata Motors has chalked out its plan to focus on new range of commercial vehicles especially trucks and buses. By possessing 60% of market share in the LCV segment, the company is intending to create new platforms in India for pleasing the domestic and new markets. The …

Toyota sets the parade of its portfolio in Indian cities

Toyota’s Etios is slated for roll out in December 2010 and in the period interfering, there will be much focus of Toyota’s range in 10 select cities in the country. Toyota Q world(representing Quality), as it is termed, will showcase all the models of Toyota in Chandigarh, Lucknow, Pune, Mumbai, Ahmedabad, Bangalore, Chennai, Hyderabad, Kolkata …

Ritz gets export status to SE Asia

Maruti’s winning streak with its models continue as its Ritz is slated for export to South East Asia. This follows the success sprint of A-Star in Europe and by now 500 units of Ritz have been shipped to Indonesia. The car, with its 1.2lit petrol engine, will now be targeted in the potential market of …

A stupendous feat from Maruti

Maruti Udyog Ltd could achieve a tremendous performance in production, that even its parent Suzuki is made to lag behind it. In 2009, the net production volume was 9,66,399 units whereas Suzuki could muster 908302 units. This made the net sale volume of Maruti to 967581 units – 836893 units in domestic market and the …

Mercedes Benz launches Panoramic Icons-S 350 CDI Blue EFFICIENCY & S350L in India

Mercedes Benz India launched S350 with a price tag between Rs 80.5 lakh and Rs 82 lakh. Being the finest automobile in the world, the S-class has always been competing with itself and setting new benchmarks. S350L is wrapped with innovative technology and produce a total displacement of 3498cc. The 6-Cylinder consumption-optimized petrol engine is …

Skoda to retain brand positioning in India

The Skoda Auto is firm on retaining its brand positioning in the luxury segment despite such claims from VW. According to the GM(sales & Marketing) of Skoda, the company doesn’t want to dilute the position in India and is not in a bid to get identified in the mass segment. Skoda likes to have an …

The new born baby in the used car market

Much surprisingly, the people’s car from Tata, Nano, has entered into the old car market within 5 months of its launch. Nano LX, costing Rs1.81 lakh on purchase, got the marked price of Rs 2.05 lakh. Out of 15000-20000 bookers for this car in 2009, 4000 were assured of delivery before March by Tata. But …