Honda Motor Co. announced that it would not participate in the premier racing series last December and in less than a year’s time, F1 is losing yet another team. BMW has announced that it would pull out of Formula One by the end of the current season. For Honda, the reason for them to withdrawn was mainly financial as it faced a fall in sales and rise in yen but for BMW it is certain other factors that forced them to take such a decision.
The management of Formula One had never expected that the BMW team would back out and the decision of the team is an unexpected one. BMW may lay a path for other teams, such as Renault or Toyota, to follow. BMW was in an unfavourable situation where the team was behind Toyota and Ferrari. It also lost the support of its sponsor, Credit Suisse, which was still another reason for the company to step back.
Understanding the fact that this “Ultimate Driving Machine” is not going to gain anything much from the F1, the company has taken this decision, which it considers as the most appropriate.
Toyota has given a new face for its existing model Toyota Camry, and Toyota is expecting this new 2010 Toyota Camry to excel in sale in the luxury sedan segment. This new Camry that belongs to the seventh generation was first unveiled at the 2009 North American International Auto Show. The car has improved style and looks. The car will be launched on July 31st.
The 2010 Camry has a list of new features including new fog lamps, new fog lamps, headlights, front grille, LED tail lamps, and ten spoke alloy wheels. It provides the best audio system with Aux input and USB connectivity. Other features include vehicle stability control with traction control and a built-in camera in the navigation system. Beige Mica Metallic and Dark Green Mica Metallic are the new additional paint options.
The price of the car is not available but it is expected to be priced higher than the existing model. Toyota aims at rolling out over 400 units of Camry in the Indian car market.
India is considered as a booming luxury car market and many companies are launching new luxury models to make most of the situation. The interest of Indians for luxury cars is a boon for brands like Porsche that is new to the Indian car market. The company is trying to widen its business within some years and as part of the expanding programs in India it is planning to launch a new model to the Indian car market.
Porsche will launch Panamera, its premium luxury sedan by October 3, 2009. The launch is considered as a big event by the company as it is expecting to further increase its sales through this new launch. The company has been doing good business since the time it was launched in India. Cayenne, an SUV from Porsche has already created magic by contributing almost sixty percent of the total sale of the company in India.
Precision Cars India will import Panamera as CBU from Germany and the company is expected to sell over 50 units, 13 of them being sold already.
For Tata, Nano is a new phase in its business and Tata is trying to make most of it. Nano is a big hit in the Indian market and this huge success has given all the confidence to the company to plan new horizons for Nano. Nano is now getting ready to make its presence felt in the foreign countries also.
Being already introduced in Europe during the Geneva Motor show, Europa, the European version of Nano will be launched in Europe by 2011. Nano is also expected to be in the United States in few years time. The companies has more launching plans, Nano is also planned to be launched in Latin America, Russia, and South Asian countries
It is good news for Nano that it has cleared the crash test that has been held in U.K. The foreign versions of the car will however have extended features compared to the Indian version.
The price of the Nano and its tie up with Fiat are important features that will bring the company success.
Maini is, for the time being, the only electric car manufacturer of the country is having high plans for India. There are more plans of electric car launches by other companies and Reva feels it is time that it really thinks about a new plant for the company. This new unit of Reva will be one among the biggest electric car plant in the world.
The company has its plant in Bangalore. The new plant, which has the facility to produce over 30,000 cars a year, will start functioning by 2010-2011.
Bavina Cars has already announced its plans to launch new electric cars by 2011 and Reva is expected to face tough competition from Bavina. Not only this but also the demand for electric cars can be seen as a reason why Reva is widening its business.
The company is also planning to launch a sedan in the near future. Reva cars are extremely eco-friendly cars that run on charged batteries.
The concept of electric cars was almost alien to India and there weren’t any electric cars in India till Reva was launched in India in 2001. Reva still adorns the position of the sole electric car in the country, but it will soon have a competitor, Bavina Cars.
In less than two years Indian car market is sure to have two or more electric cars.
Bavina Cars, the new name in the Indian electric car market, is expected to start its operations very soon. The company has been already allotted with land for its plant by the Tamil Nadu government and by 2011 the company is planning to roll out the first batch of its electric cars. The car will be packed with six lead-acid batteries and has also plans to introduce three battery version, which will be more cost effective.
Maini Reva has also splendid future plans. It is planning to build a plant, which has a capacity of over 30,000 and will be the world’s largest electric-car manufacturing unit. The company might also bring out a four-seater sedan by the end of the year.
Electric cars are eco friendly and a good choice in today’s environment. People are expected to opt for more electric cars in the near future.
The never ending list of cars that are been debuted and launched in the Indian car market is just marvelous and unimaginable. But this list is for sure capable of quenching the thirst of the Indian car lovers who is not ready to settle for anything less, they always need the best. The car manufacturers are acting like a ‘genie in the bottle’, providing them with want ever necessary at the right time.
The new look Toyota Kirloskar Motors has given to its Toyota Camry is enchanting. Toyota Camry is a sedan, which has created a global impact. Even though nothing much about the car is still not available the car is expected to be an upgraded version of Toyota Camry and the new look of the car is sure to allure the car lovers worldwide.
The new look of the car will include a range of new things including indicators on rear view mirror,new fog lamps, headlights, front grille, ten spoke alloy wheels and audio system with Aux input. Beige Mica Metallic and Dark Green Mica Metallic are two new colours of the car.
There are almost 400 cars that have been allotted by Toyota for the Indian market and these cars are sure to make a style statement pushing aside most other luxury cars.
General Motors is coming back to a comfortable position, a position the company was in few months before. The company is now out of bankruptcy and now trying to retain its past glory. The case of GM India is slightly different; the company has been in a safer position when its parent company filed bankruptcy and it is now trying to please it customers through various ways and means.
GM India has introduced a new “Opel Exchange Program” which will be extremely interesting for its customers. This limited period offer gives an opportunity for the Opel customers to exchange their Astra or Corsa and take home a new Chevrolet model car. The car to be exchanged will be checked by a set of GM-certified engineers before the car is been exchanged for a new Chevrolet car. The price of the old car will depend on factors like the physical condition of the car and the year of manufacture.
The customers will be given free accessories that cost about Rs 10,000 along with this. A major agreement has been signed between the company and banks for providing finance for these new cars.
A special edition from Chevrolet Aveo has been unveiled by General Motors India. This launch is a sign of unshaken business of GM in the country. This launch is also a part of the company’s plan to build its business in India
The special edition can be called as a new edition as it is equipped with latest functions and features that would make it more acceptable to the customers. The new version comes with a diesel engine and has refreshed interiors and safety features
The special edition of Chevrolet Aveo has the added features of height adjustable driver’s seat; brakes with anti-lock facility; gear knob, upholstery and steering wheel made of leather, illuminated key cylinder, provision of airbag for driver, and rear armrest with cup holders. But all of these options will differ depending on the version.
The pricing of the makes the car really interesting as the special edition of Chevrolet Aveo shares its pricing with the Chevrolet Aveo. And Pricing of both the cars ranges from Rs 5.96 to Rs 6.97. GM India was never been affected by bankruptcy and its complications the parent company was going through in America.
On July 17 the Tata Motors rolled out the first Nano to the people. The people’s car proved every car critics wrong and came out with cheapest price tag in the car market.
The lucky owner of the car is not yet revealed but Nano will be soon seen on the Indian roads. The car which is available in three variants Base, CX, and LX sports a 624cc engine with an output of 32 bhp. The rear mounted engine is mated to a 4-speed manual gearbox offering smooth ride. It is pretty abnormal to expect more features with a price tag of One Lakh. Though it does not have any addition features, the Nano is equipped with basic and necessary features that a car is required.
Among it’s all the three variants it the LX version which received the numerous number of booking. With is attractive colours, Nano is all set to give a tough competition not only to the small cars but also to the big players.
Tata Nano has come till here fighting all the evils. The world’s cheapest car has every right to be the centre of attraction. Sp just wait. May be you are one among the lucky customers to drive home your Nano.
