Posted by Carzy Team on May 24th, 2012
The homegrown auto leader, Tata Motors has launched a great service camp across the country for its Tata Venture owners. The event is called as Tata Venture Service Camp and it commences from today till 26th of May 2012 across 281 authorized dealerships of the automaker in India.
“Tata Motors believes in after sales service and it is a key differentiator for our products. The Tata Venture Service Camp launched by us truly indicate our focused thinking for the customers as the camp extend our way of proactively reaching out to them. Also this assures that the company is constantly looking forward and is keen about the life of its vehicles,” as stated by Ashesh Dhar, Utility Vehicle Product Group Head, PCBU Tata Motors.
Posted by Carzy Team on May 24th, 2012
Very recently at a press conference, the Japanese auto giant Toyota declined about any of its plans related to selling a $6,000 in the country. As per industry source, the automaker is keen to enhance its market share in India by planning to offer few affordable cars in the domestic market.
One of the spokespersons from Toyota said that the company has no such plans as of now after the Asahi Shimbun report.
Posted by Carzy Team on May 24th, 2012
Indian luxury market is booming and with it are the luxury car makers like BMW, Mercedes and Audi. The latest entrant in this segment is the third generation Mercedes Benz ML350 CDI SUV (Sports Utility Vehicle) which is in direct competition with the segment maestro Audi Q7. Lately, Audi has toppled Merc from its second position thanks to some fantastic sales of the four interlocked ringed company. The Q series of Audi has been quite successful in the country including the Q7 which has dominated the premium segment in which it is placed alongside vehicles from Mercedes Benzs and BMWs. It will be interesting to see how mercedes benz ml350 vs audi q7 fare against each other in terms of their exteriors, interiors, engine, features, mileage and price.
Posted by Carzy Team on May 24th, 2012
Indian auto market suffered quite a lot last year due to frequent petrol price hike and again the day seems blue for the sector due to a sudden record rise in the fuel price of Rs. 7.50.
The Senior Director of Society of Indian Automobile Manufacturers (SIAM), Mr. Sugato Sen said, “The new hike in petrol prices will definitely hit the auto market. Moreover the sale of petrol cars was already low and now the situation and sales of petrol run cars will further get worse.”
Posted by Carzy Team on May 23rd, 2012
Audi, the top German Luxury car manufacturer after toppling down Mercedes Benz from its second place in the earlier part of the year now came up with another interesting plan of taking their company and product to still better its position by launching an exclusive service called Audi CarLife Advance, which will be a unique kind of facility to provide help to the customers in their Audi car buying plans in easy and hassle-free way.
Michael Perschke, the Audi India Head informed the media, “With Audi CarLife- Advance, our customers can enjoy maximum convenience as these services can be bundled under single monthly payment.”
Posted by Carzy Team on May 23rd, 2012
Mahindra & Mahindra has been relieved of a case by CCI or Competition Commission of India. The case that had been hanging over the head of the India’s largest Utility Vehicle maker was filed against the company by Rajasthan based customer named Sanjeev Pandey.
Mahindra XUV 500 SUV was launched in September 2011 and gained lots of appreciation from automobile experts, users, media, etc across the nation. As a result of its popularity and excessive demand, M&M had to take the vehicle orders in two slots which were each of 10 days, one in the October of 2011 and the second one in the January of 2012. Notably, in both the booking sessions, the vehicle’s demand was tremendous. The first phase had orders for 8000 units whereas the second phase was huge beyond expectation being 25000 units. But customers were disappointed with the limited booking period offered by the company.
Posted by Carzy Team on May 23rd, 2012
What takes the Indian automobile market by storm? Of course it is price, the buyers do change their decisions because of the ups and downs in the price of a car, but in the recent times, buyers have started showing interest in product type, feature, and other criteria, and this is what has got a splurge of demand in MPV’s recently, and Ertiga – Maruti Suzuki India’s latest MPV got remarkable response from the buyers as it took away 40,000 bookings within no time.
This new presentation from MSIL, second largest vehicle exporting car maker of the country uses up 1.4 Litre K-series petrol engine for petrol variants and a 1.3 Litre Multi-jet diesel engine for diesel variants. Power of 94 bhp and 90 bhp are produced by the petrol and diesel cars respectively.
Posted by Carzy Team on May 23rd, 2012
Chevrolet is the known leading brand from the portfolio of global automobile manufacturer General Motors and it is now planning to soon launch all-new successor of Spark model by end of year 2012. The US based auto giant is progressively gaining momentum in the country and to keep the level intact, it will launch the new generation Spark with some spiced up designing and renovation.
As per industry sources, Chevy Spark is expected to boast almost resembling stylized contriving as the one confronted in the electric version of the car, which was exhibited at the Delhi Auto Expo in January 2010.
Posted by Carzy Team on May 23rd, 2012
The largest utility vehicle manufacturer of the country, Mahindra & Mahindra has linked up with the Satpura Narmada Kshetriya Gramin Bank (SNKGB) for offering car loans. The bank will give easy finance deals to the customers planning to go for commercial and passenger vehicle segment.
Now after the MoU deal, Satpura Narmada Kshetriya Gramin Bank will act as an official bank for Mahindra in the domestic auto market for offering vehicle finance. The mutual conduct was signed by General Manager of SNKGB, Mr. Devanand Mandgaonkar, and Mr. Jacob Varghese, Mahindra’s Senior General Manager – Sales (West Zone).
Posted by Carzy Team on May 23rd, 2012
The domestic auto industry is quite in a critical aspect and has been hit by the falling value of rupee along with expensive importing. This is the reason why automobile manufacturers present in the country are seriously considering a plan of localizing the operations. Also the automakers are keen about scaling up exports in order to reduce the expenses as well as the adverse effects of foreign exchange fluctuations. The car market has to look for other alternates because the rupee has declined by 11.51% since February to another all time low of Rs. 55.39 yesterday.
Every automobile manufacturer is looking for distinguished options to confront the costlier imports and so Toyota Kirloskar Motor (TKM) and Hyundai Motor India Ltd (HMIL) are looking for other options such as rising exports whereas other automakers such as Maruti Suzuki India Ltd and Honda Siel Cars India Ltd are trying to source the policies for slashing input costs.
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