Similar to last year, we are witnessing an avalanche of hatchbacks into Indian market. Following the Volkswagen Polo launch, Ford Figo is all set to hit the market on March 09th. Figo will come in both petrol and diesel variants. Figo is expected to be aggressively priced as Ford has re-used the components and ensured …
Category Archives: Automobile
Nissan Unveils Micra
Nissan today officially unveiled the Micra at 2010 Geneva Motor Show. The fourth generation Micra gains importance as it will be produced in India and come to sale from May 2010. “Combine 25 years’ experience of designing compact cars for city driving… with a totally new, versatile platform and Nissan production know-how… and the result …
Tata unveils Nano electric
Tata Motors further sweetened its ultra low cost Nano by adding an electric variant. The world’s cheapest car is now environmental friendly. Nano electric is unveiled at Geneva motor show. Mr. Ravi Kant, Vice Chairman, Tata Motors, said, “Electrification will be an integral part of our initiative to launch environment-friendly vehicles. The Indica Vista EV …
Toyota increases prices of Corolla Altis, Innova and Fortuner
Following the hike in excise duty, Toyota has raised prices of Corolla altis, Innova and Fortuner. Following are the details * Price hike of Corolla altis by Rs18,900 * Rs16,000 price hike for Innova * Rs30,500 price hike for Fortuner
Cars to cost more thanks to the budget
The Indian Finance Minister’s budget involving an increase in the excise duty-from 2% to 5%- has made Maruti and Hyundai to effect the rise in their price for cars. The hike may be around Rs25000 with Maruti slating the increase by 2% Hyundai said the rise will be somewhere in the range of Rs6500-Rs25000. Volvo …
Tata Motors may hike prices following excise duty increase
The new budget has made Tata Motors to hike prices- due to increase in excise duties to 10%. This may see the hike in Tata Motors – Rs60000-Rs70000 in heavy vehicles and Rs5000-Rs6000 in smaller vehicles, said its MD for Operations. The company has the practice of passing over the fiscal variations on to the …
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Tata Motors smiles at the sale of JLR in Q3
Tata Motors is full of smiles at the sale profit yielded through the Jaguar Land Rover- Rs650.26 crore and the net profit amounting Rs416.96 crore in Q3 FY. This reversal of fortune is compared to the net loss of Rs2598.83 crore in 2008-09. According to the company’s Vice-Chairman, the net profit was feasible due to …
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The future will be bright for Electric vehicles
Following some gladdening relief announced in the latest budget by the government, the electric car makers are sharpening their tools to play more. This will reflect the fall in the prices in the month to come. The Union Finance Minister reduced the customs duty- from 24% to 4%- levied on import of components for such …
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New WagonR from Maruti by April 2010
Update: Checkout our Maruti New WagorR 2010 special Slideshow Update – 2: Maruti 2010 Wagon-R specifications, features, variants and colours Maruti has chalked out its release of new Wagon R in this April, phasing out the existing one. To cost Rs3.3 lakhs, the newer version will be equipped with more space, a new K series 1lit …
LeasePlan to procure more cars at Rs300 crore investment
The car rental and lease company in India Leaseplan announced its plan to invest Rs300 for securing 5000 cars this year. This is double to the one in last year. LeasePlan is a car rental and leasing company of the Netherlands in which VW has 50% share.Started in 1999 the company has been making domestic …
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