Automobile News
Archive for November, 2010
Volkswagen Group Hoping For Increased Sales This Fiscal
Luxury car seller Volkswagen Group is scheduling to double its sales this fiscal. According to a company, official India, besides China, is among the fastest growing markets of luxury car segment. “Last year we sold 19,000 units comprising the three makes. This year we expect to double the sales,” Maik Stephan, managing director of Volkswagen [...]
Etios ready for launch
carThe time seems to be ripe for Toyota’s fancy small car Etios to hit the roads in India. The car would be launched on 1st December. Bookings would start almost immediately and it could be seen in the outlets early next year i.e. January. For now, only the petrol engines are launched but the diesel [...]
Bikes In The Price Range Close To Nano Registered 50% Growth
At the launch of Tata Nano in March 2009, a division of the trade wrote the obitury of the Indian motorcycle industry. Today, after one-and-half years of the launch, the industry silently driven past the milestone of one million motorcycles in a month. Head of marketing at Bajaj Auto, Milind Bade, said bike sales would [...]
Jairam In A Spat With Automobile Industry
Jairam Ramesh, union environment minister, has driven straight into a high-profile dispute with the auto industry. Naming the use of diesel-guzzling SUVs as “criminal”, he made a strong stand for sending these off-roaders off the road. The auto industry did not take it lightly and has hit back, demanding the minister to “check his facts”’ [...]
Maruti Remains The Undisputed Leader
Maruti Suzuki India (MSI), the country’s largest car maker has recovered over 50 % market share in the passenger car segment this October, after remaining below the coveted mark for four successive months. The Society of Indian Automobile manufacturers (SIAM) has released figures according to which Maruti Suzuki India has sold 91,754 units of passenger [...]
Golden Period For Indian Auto Industry As Sales Zoomed 38%
CAR sales has soared 38% with 1.82 lakh vehicles being sold in October this fiscal year. The growing economy and lower borrowing costs is likely to make this cheerful gain a trend as this is the fifth consecutive month of perky gains. In this Dussehra-Diwali period new cars like Maruti Suzuki’s renewed Wagon R, Polo [...]
Honda Prepared To Boost Small Car Segment In Motor Expo In Thailand
Honda Siel Cars India has planes to showcase the epitome of its proposed small car at the upcoming Thailand International Motor Expo this month. Honda will launch the vehicle in India in next year. Honda, the Japanese car giant, had already unveiled the concept of this vehicle at the Delhi Auto Expo this year and [...]
Kawasaki All Set For A Major Overhaul in India
Bajaj and its long term technical collaborator, Kawasaki Heavy Industries have announced their plans to build on the success of Kawasaki Ninja 250R, at a joint press conference held in Mumbai. There are plans to set up a new company called India Kawasaki Motors (IKM) in a months time. The company will cater Kawsaki’s motorcycles [...]
Tata Nano Enthrals The Obamas
American President Barack Obama- the head of the world’s richest economy checked out the world’s cheapest car, Tata Nano on Sunday. When the powerful United States couple got introduced to Ratan Tata, who heads the USD 72 billion conglomerate, President Obama introduced Ratan Tata to the first lady Michelle saying that this is the man [...]
Hyundai Reaches New Milestone with Production of 20 Lakh Units
Today, Hyundai Motor achieved a historic milestone with the sale of 20 lakh units. It has produced 20 lakh unites in domestic sphere. Do anyone remember the time when the first Santro rolled out in September 1998. Santro proved a hit in Indian market and from there on it never looked behind. From the very [...]