[Live] Mahindra Launches e2o in India

As we reported earlier, Mahindra has launched its most expected car, e2o in the Indian Market today. Mahindra e2o is priced at an On Road Price of Rs. 5.96 lakh in New Delhi. Prices of other cities will be available shortly. E2O will be initially available in 8 cities – Delhi, Mumbai, Pune, Chandigarh, Ahmedabad, Bangalore, Cochin and Hyderabad. Mahindra e2o is available in six colors – Arctic Silver, Coral Blue, Eco Green, Oceanic White, Spanish Red and Sunshine Yellow

Mahindra Reva E2O is a 2 door car with the seating capacity of 4 people. E2O is a complete Electric car and runs only on Electricity. A completely charged, which takes 5 hrs time, will run upto 100 kms under standard test conditions. The battery has an backup, which can be used under emergency situations, will help the car run upto additional 8 to 9 kms. E2O also comes up with “Sun2Car” technology, which allows charging of the car using Solar Panels mounted in the Car.

Here is the live webcast of e2o launch direct from the India Gate.

Honda CB Trigger Launched in India

honda-cb-trigger-indiaHonda Motorcycles & Scooters India, Country’s #2 Bike Manufacturer, has unveiled its new 15o cc premium bike – CB Trigger in India. Honda CB Trigger is the first bike in India which offers optional CBS. The new CB Trigger is a naked 150 CC street bike, which resembles Honda CB1000R in styling, will sell along with Honda’s popular 150cc bike Unicorn in the highly competitive 150cc market.

The new CB Trigger is a muscular, modern looking motorcycle, with 6-spoke alloy wheels, deploys  four-stroke, 149.1cc, single-cylinder and air-cooled engine. The bike comes with a maximum power of 14bhp at 8500rpm and peak torque of 1.28kgm at 6500rpm. Honda CB Trigger features Upright & Comfortable sitting position, Fully digital instrument cluster, Black alloy wheels, Kick start, Full gear lever, Mono Shock Rear suspension, 240 mm front disc brake, 220 mm rear disc brake, Tubeless tyres, LED tail light
and maintenance free battery.

Honda CB Trigger competes with Bajaj Pulsar 150 CC, Yamaha FZ-S and TVS Apache RTR 160.  Though Honda Motors has unveiled in the market today, Pricing will be announced only by next month and the booking will be open then. The bike will be available on the showrooms from May 2013.

 

Swipe your Credit Card & Drive a Tata Nano

tata-nano

In a bid to rescue the falling sales, Tata Motors has come up with an interesting marketing scheme “Swipe & Drive Away”, which allows Customers to Purchase Tata Nano by swiping their Credit card.  Customers who are purchasing car using this scheme can drive the car on the same day of purchase.  Tata Motors has partnered with Axis Bank, HSBC Bank, ICICI Bank, Kotak Mahindra Bank and Standard Chartered Bank for the scheme, which can be availed of at 75 Tata Motors dealerships in 26 cities for this scheme.

This offer will enable customers to own a car in the fastest and hassle free manner. With the introduction of this offer, consumers get the benefit of converting the entire amount on the credit card into interest free installment, spread over a period of 12 months and manage monthly cash flow better

said, Ranjit Yadav, President – Tata Motors Passenger Vehicles

Mahindra Reva to launch e2o on March 18

mahindra-e2oMahindra Reva, Part of Mahindra Group has announced that it will launch of the replacement of Reva electric car – Mahindra E2O on 18th March 2013 .   e20 was earlier showcased at the Auto Expo as the Reva NX-R.  e2o will be produced at Mahindra Reva’s recently inaugurated production facility at Bengaluru, which has a manufacturing capacity of 30,000 cars/ year.

The e2o will be manufactured at Mahindra’s new plant in Bangalore. This plant, according to the company, has a rated annual production capacity of 30,000 cars. The company said e20 will use next generation Lithium Ion batteries and “will have a range of 100 kms on a full charge, which is suitable for most urban commuters today”. The price of the car is yet to be announced, but we guess that the price will be in the range of Rs. 6 Lakh.

Honda CB150R Launch in India

honda-cb150r-streetfire-indiaHere is an exciting news for all Honda Motorcycles Fans. Since the unveiling of  CBR150R at the Jakarta Motor Show last year, fans in the country has been waiting for the Indian launch and the wait comes to an end now. Keeping its promise of launching new motorcycles every quarter, we heard that Honda is planning to launch the naked version of  CBR150R in the Indian market this Monday (11th March ).

CB150R is a naked version of the CBR150R and houses the same engine as used by the CBR150R – Four stroke, liquid-cooled, fuel injected 149cc engine with minor engine tweaks.  It comes with a six-speed gearbox. The bike can generate 16.8bhp at 10000rpm, with peak torque of 1.33kgm at 8000rpm.

150 CC market is already highly competitive segment in India, with Every manufacture has their best bikes in the segment, Honda’s new entry to the segment will add fuel to the fire and Interesting times ahead for the Bike Maniacs. .

Chevrolet Sail UVA Price Cut

chevrolet-sail-hatchbackAfter witnessing consistent sales drop, General Motors has slashed the price of its latest launch Sail U-VA by Rs. 25,000 . This  Swift competitor is now available for a starting price of Rs 4.19 lakh from its launch price Rs. 4.44 lakh.  Chevrolet U-VA  2012 models will attracts an additional discount of Rs. 25000 on its both Petrol & Diesel Variants.

Since its launch in November, 2012, the Sail U-VA’s sales have consistently been sliding, with the hatchback hitting a all time low of just 560 units this February from 1595 units sold in November- 2012.

Overall sales of General Motors India weren’t impressive in February 2013 as well. The car maker sold merely 7106 units as compared to 8901 units, which were sold in Feb 2012.

Hyundai launches i10 Special Edition –

HYUNDAI_i10_Spl edition_SmallHyundai Motor India Ltd. (HMIL), the country’s largest passenger car exporter and second largest car manufacturer today introduced the Special Edition – ‘i Tech’ i10 celebrating over 12 Lakh i10 customers worldwide. The i10 has been one of the successful flagship model from Hyundai’s portfolio since its launch in 2007.

The Special Edition i10 has host of first-in-the-segment innovative and high-tech features like Rear-View parking Camera and Electro-Chromic function on cabin rear view mirror and Steering-mounted Bluetooth device. On the exterior, the styling is complemented by sporty ‘i Tech’ body graphics. Inside the cabin, it has sporty interiors with dual tone red and beige upholstery seats with red dashboard and door armrest inserts. The special Edition i10 will be available in 1.1 ltr Era and 1.2 ltr Magna variants.

Commenting on the special edition ‘i Tech’ i10 Mr Rakesh Srivastava, Vice President, sales and marketing, HMIL said, “We are delighted to introduce the Special Edition ‘i Tech’ i10 to our valued customers. The Special Edition i10 has set of innovative and high-tech features along with the stylish enhancements. It is our continuous effort to gauge changing customer preferences and keep introducing new features in our products to give our customers enhanced value offering.”

The special edition i10 is available at all Hyundai showrooms across India. The Ex-showroom price in New Delhi as follows:

Price: (Ex showroom, New Delhi)

Model

Variant

Price

i10

1.1 Era

424,163

i10

1.2 Magna

457,265

 

Budget 2013: Impact on Automobiles – Cars & Motorbikes

Budget 2013 was presented by Indian Finance Minister Mr. P. Chidambaram earlier in the day. Overall the budget was more of a populist budget as expected due to the forthcoming elections. As for as the Automobile Industry is concerned, the budget has very few announcements and that too on the negative side.  Here is the highlights of Indian Budget 2013 and its impact on the Automobile Industry.

  • Excise Duty on SUV’s increased to 30% from the current 27%
  • SUVs registered as taxis are exempted from Excise duty hike
  • Custom duty on Fully imported Luxury Cars  increased from 75% to 100%
  • Customs duty on Fully imported Motorcycles increased to 60% to 75%
  • Subsidy benefit for Electric Cars Extended till 2014-1
  • Big Boost for Commercial Vehicle Manufacturers. Rs. 14,483 allocated for JNNURM to purchase around 10,000 buses
  • Excise duty on specified parts of Hybrid vehicles was reduced to 6%  from 10%
  • Excise duty on Lithium ion Battery packs for Electric / Hybrid vehicles was reduced to 6% from 10%