3 posts tagged “car market”
Good news for green car lovers!
Honda has slashed down the prices of its green car, Honda Civic Hybrid, by Rs 8 Lakh. So, this means that the car that was launched with a price tag of Rs 21.5 Lakh will now be available at Rs 13.6 Lakh. That’s exciting!
Since the launch in June 2008, Honda has sold nearly about 63 hybrid cars in the Indian car market but when compared to the Civic petrol the numbers are too low. Petrol counterpart recorded sales of 5000 units in the first six months of its launch in July 2006.
The high price tag was recently coupled with the impact of global recession. This compelled the company to cut down the price and boost sales during this era of downturn.
This is a wonderful opportunity for environment friendly car enthusiasts to get an environment friendly car. So, if anyone of you is willing to drive a green car without any compromise on the driving pleasure, this is the best time for you to shell out a sensational value for the worthy Civic Hybrid.
Hyundai seem to be happy as it has made excellent passenger car sales this month. The company has increased its sales by 28.2 % to 36,152 units in July 2008, against 28,204 units in the same month last year.
However the domestic car market sales determined a marginal growth of 0.4 % at 15,066 units in July, against that of 15,003 units in the same month last year.
The car manufacturer has sold 30,614 units of Santro, Getz and i10, 5,504 units of Accent and Verna, 28 units of Sonata Embera and 5 units of its SUV Tucson in the month of July.
Several auto companies sense that it has been a challenging month for the entire car industry with the pressures disturbing market sentiments like inflation, increase in interest rates and fuel prices.
The used car market is no-more backyard stuff. India had seen a phenomenal rise in used car market in the last couple of years. In India, most first time drivers opt for a used car.
It is estimated that one used car is sold for every one new car in India. The country is set to become the fourth largest car market in the world by 2012. At least 5-10 % of used car sales are expected to happen over internet. This is just a conservative estimate!
As the demand rises, many car portals are now providing end-to-end solutions for used car market.
Carazoo.com, India’s first and only car portal with interactive animations provides the platform for best deals on used cars. Carazoo.com gives you a chance to buy used cars online at special interest rates with low EMIs/ Interest rates. The portal does not charge any brokerage or commission.
The buyers also get the option to choose from thousands of cars. The only thing you have to do is to fill in a form. The information of the form is kept confidential. The portal promises to stand tall on expectations of both the buyers and sellers.
