17 posts tagged “indian-car-market”

Ultimate Aero is the world’s fastest car and it is expected at Aero will be available in the Indian car market very soon. The Ultimate Aero has half the speed of a jetliner cruising at 30,000 ft. With a price tag of Rs. 6 crore, the Aero will not only be the fastest car but will also be the car which carries the highest price tag in India .

A US-based company, Shelby Super Car (SSC) is the manufacturer of Aero. The company will launch the car in Mumbai and then in New Delhi. Aero was previously launched in the United States and Russia, and India will be the third market where this fastest car will be sold. The car has a recorded speed of 413 kilometres per hour (257 mph).

In US, where Aero is manufactured, the car costs $654,400 (more than Rs 3 crore). But in India because of the high import duty, it will be priced double the amount. Currently, the Mercedes-Benz Maybach is the costliest car in India, which is priced at Rs 5 crore, but now Aero is top in the list.

Toyota and Honda Motors, two Japanese carmakers, have requested the Indian government to transform the standards of classifying small car. And this is because of that the small cars have low tax compared to other car segments. Both the car manufacturers have said that emission norms, passenger safety, and fuel efficiency should be used to classify a car into a small or large car.

Toyota and Honda are both very renowned carmakers of the country and their opinions are expected be viewed seriously by the Indian government. Currently, under the government policy, a car with the length of 4-metre length and has a 1,200 cc petrol or 1,500 cc diesel engine has a lower 8% excise duty compared to 20% duty and there will be an additional Rs 15,000 levied in case of any other cars manufactured in India.

It is also interesting to note that both the companies, Toyota and Honda, are launching small cars in the near future

Toyota Fortuner was launched in the Indian car market on August 24^th and it received a very warm welcome from the Indian car lovers. The booking of the car extended the actual number of units that is been allotted for the country. And it seems that this acceptance by the Indian customers has rooted a new thought in the company’s mind.

The company is planning to expand its business in the country which they think is essential to compete with the growing demands in the Indian car industry. And as a part of its expanding plans the company is looking to expand its dealership network in the country. And Toyota is planning to open more outlets, around 150 outlets by 2010.

The company is expecting to increase its business base in India in the next few years. The company is also planning to launch a new small car by 2011. And all of this will be helped with the emerging dealerships of the company.

The segment that benefits most from the proposals of the 2009-2010 Budget, among the Indian automakers, is the big cars. A number of car manufacturers are now offering their big cars with a slashed price tag, committed to share with the customers, the benefits of the budget.

Last year’s budget had many beneficial proposals for the Indian small car sector but the big cars didn’t share the benefits. But things are very different this year, the government has reduced excise duty on big cars and has also cut down extra excise, by Rs 5000, duty on big cars that has 2,000cc and above as engine capacity. 

The Indian car industry is now witnessing a lot of reduction offers from the car manufacturers. Companies such as Honda, which was not planning for a cut on prices of its models, even after the budget, is now up with new offers, to compete better in the market.

Ford, Hindustan Motors, Honda and Hyundai are among the companies that have already reduced the prices of its big car models. The offers from companies such as Toyota, Tata, BMW, GM India and GM India will be announced soon.

Global recession has affected the auto industry. Car manufacturer are working on different stratagies to attract the buyers and push the sales.

Now even the luxury car manufacturer, Audi, is coming up with another marvellous and bright offer "A zero percent financing rate with an extended four years warranty for the Audi A6 range in India". The offer  includes 0% rate on finance for customers and an extended warranty of two years. The two years warranty is additional to normal two years warranty Audi A6 covers. Audi A6 yearns for the top position in the sport luxury sedan. It is avalable in fur variants - 2.8 FSI, 3.2 FSI quattro, 2.7 TDI and 3.0 TDI quattro. A6 is a wonder machine with ablend of luxury of a sedan and feel the adrenalin rush of a sports car.

Very recently Audi hit the headlines “Audi Top Assist”, the emergency road side assistance services across 95% of the major roads across India. Audi India is all set with strengthen their roots in here.

Maruti Suzuki Swift one of the coolest models from the stable of Maruti Suzuki has won the confidence of the people and selling more than  3 Lakh cars in just a span of three years and eight months is the clear evidence. Swift entered the market with a boom in the  2005  and till date has made impressive sales.

It is very interesting to know that the first sales made by Swift was one Lakh cars in less than 21 months and the second one Lakh in less than 13 months. This say the growing demand of the trendy model.

Initially Swift came out with the petrol variant which was soon followed by the powerful Fiat Multijet diesel engine. Mostly popular among the younger crowd, Swift prices ranges between  Rs 4 Lakh to 5.7 Lakh.

Swift with its sporty  style, features has created a sensation in the Indian market as well as among the buyers.The success is just began and Swift has very long way to go. Best wishes!

The Indian car market is one of the most successful car market. It is now counted among the other countries like U.S. And Japan. In today's era, the Indian car industry is now one of the most vivacious, innovative and optimistic market globally.

Offlate the Indian car market has experienced a major growth contributing major share to economy. Compared to other industry, the Indian car industry has been more appreciated even from the global automotive car manufacturers.

Some of the factors that lead to the success of the Indian car market are:

Government:  It played a as primary pillar in supporting the car segment with new and flexible policies and also by offering better infrastructure, attracted investments and also provided growth oriented economic policies.

Competition: The competition in India grew aggressive with the emergence of multinational companies. This further led to many joint ventures in car markets. Some of the car manufacturers have also invested large sum on R&D to build their own empires.

Customer: A success of a product completely depends on a customer.The product fails if a customer is not happy. In order to satisfy his demands and needs, the car manufactures will bring the best of the best to please.

Pollution and Safety Norms:  Safety is something that cannot be compromised and the cars in India and has met the most rigorous international norms of pollution. Indian cars are not so well versed in safety as in abroad are yet to be added with more safety features. But safety awareness programme is on the use of seat belts while driving has been made mandatory.

San Motors, not many must have heard about this car brand. It is an purely Indian based car manufacturer that entered the Indian car industry  in 90's and launched San Storm a convertible.

Designed by Gerard Godfroy ( Founder and designer of French super car Venturi ) of Le mans design group, this designer is appreciated for his work for the major car manufacturers like Renault, Peugot etc. Storm the model comes with a  Renault engine ( Renault D7F MPFI) and the body made of fiber glass.

Known for its trendy and cool looks it perfectly targets the younger generation with putting much pressure on the pockets. The engine is powered by 1.2 litre with an output of 59 bhp and comes with the standard features like air conditioning , alloy wheels, central locking leather seating etc.

San Storm is also exported to other countries like Nepal, Cyprus, Malta ,Bermuda and UK. Presently the company is working on another new model from the sports re-creationary vehicle (SRV) which is expected to hit the Indian roads  in a years time.

The competition in the Indian car market heated up with the launch of the Chevrolet Captiva in early 2008. The new SUV from General Motors locked horns with established models such the Honda CR-V, Hyundai Tucson, and Ford Endeavour for a share of the budding SUV market. Of the four SUVs in the segment, the Honda CR-V scored over rivals as it was the only model to be offered with an automatic transmission option.

With the recent launch of the new LTZ Automatic Transmission variant, the Chevrolet Captiva overrides the Honda CR-V’s uniqueness and gains a much needed advantage over other rivals. The available automatic transmission adds value to the already competent SUV model.  The Chevrolet Captiva is called ‘cocoon of comfort’ for fine quality leather upholstery, plentiful storage options, and ergonomic LCD instrumentation.

The automatic transmission is five-speed and associates with the existing 2.0-litre diesel engine. An adaptive All-Wheel Drive (AWD) system is mated to the new transmission for better handling. The AWD features electrically-controlled torque-sensing couplings that automatically re-direct engine torque to both front and rear axles with respect to changing driving conditions.

The Chevrolet Captiva Automatic costs roughly 2 Lakhs more than the manual transmission variant. Current Ex-showroom Price New Delhi is Rs 20,30,495.

Xylo from Mahindra & Mahindra was launched with in grand way. Pronounced as Zy-Lo, this MUV is the first attempt from M&M into its segment.

Earlier named as Ingenio, Xylo is the much talked and awaited vehicle from the Indian car major M&M. Developed on a completely new platform is powered by 2.5 litre M-Eagle engine which is similar to that of M-Hawk from the popular Scorpio. With bold and rugged look Xylo will positioned against Toyota Innova and Chevrolet Tavera.

At the first sight of its design gives you the resemblance to that of Scorpio-Bolero model. The interior is spacious with convenient and comfort features. Xylo is supported with four variants namely E2, E4, E6, and E8 with a little expensive price tag.

It is believed that Xylo will follow the legacy of the popular SUV Scorpio from Mahindra's stable. Lets wait and watch the show of success!