Wednesday, January 6, 2010

Ford Ikon scores highest in the entry mid-size segment

Ford's entry-level sedan the Ford Ikon scored highest in the entry mid-size segment according to the JD Power Asia Pacific 2009 India Initial Quality Study SM (IQS). Ford Ikon is the clear winner in its segment scoring 90 PP100 in this J.D. Power study while the industry scores averaging at 123 PP 100 in the entry mid-size segment for Overall New -Vehicle Quality in India.Michael Boneham, president and managing director, Ford India, commenting on this commendable achievement told that the results speak for itself. It’s about a quantum leap in quality that companies vehicles demonstrate and their laser-focus and commitment to produce world-class...

Ford to be Launched new Ford Fiesta before LA Auto Show

Ford Auto company has recently launched a limited edition of Ford Fiesta , the model was completely sold out during the launch period. Ford Fiesta is a extremely -successful in entry-level sedan segment models in India. New Ford Fiesta is being launched in the international market soon. New model is now available in the informer preview. Ford Fiesta 2011 model will be available as a sedan and in addition to hatchback model in the US Market. In North America, it's considered to be small car. The new upcoming model with new design and style will lose, because it's not same to European styling, also with the new images of 2011 of Fiesta, according...

Auto sector growth rate 3% in 2008-09

Auto industry has witnessed a modest growth of three per cent in the year 2008-09. It was 13.6 per cent in 2006-07 while it fell into red (-2.3%) in 2007-08. These figures were disclosed during the presention of Economic Survey in Parliament on Thursday. Although auto industry production grew at a CAGR of 11.5 per cent over the last five years. Auto sector turnover crossed Rs 2 lakh crore in the last fiscal whereas the industry employs 10.5 million people, directly as well as indirectly. "The industry has a strong multiplier effect on the economy due to its deep forward and backward linkages with several key segments of the economy," a finance...

Car co experiencing growth in June too

The car companies are enjoying growth in the consecutive seventh month, June. Thanks to the new car launches and low interest rate on auto loans. Maruti Suzuki continued its strong performance by selling 61,773 vehicles in th month which is 10 per cent more than in the same period last year. It also posted a three-fold increase in exports to 13,336 vehicles , taking its June tally 75,109 units. Robust exports helped Hyundai Motor India post 18% increase in sales in June to 47,267 cars. Tata Motors posted flat sales at 17,039 cars in the month compared with 17,017 units sold in June last year. Sales of the Indigo sedan declined 26% to 3,522...

Car co joy ride: export to Europe increased

Indian car companies making profit from incentives offered by the government of France, United Kingdom and Germany. These incentives are provided to the fuel efficient vehicles. Hyundai Motor India recorded 33% growth in exports in June to 24,241 cars Maruti to export 2 lakh cars in FY10, up from 70,000 cars the company exported in FY09 Toyota, General Motors and Ford are looking at a possible debut in compact cars segment. “Our parent Suzuki Motor’s distribution network in Europe is clogged with bookings,” Maruti’s executive officer (sales & marketing) MayankPareek said. Maruti aims to export 2 lakh cars in FY 10 from the 70,000 cars it...

High-end cars to be priced a little lower

The Union Budget 2009-10 has given a chance to own luxury items at lower prices due to proposed cut in taxes and duties. The auto sector has also been provided with some great announcements like excise duty cut on big cars. As soon as the news spread, several auto makers has promised to reduce the prices of the big cars. Mitsubishi has taken the lead by announcing price cut of Rs 6,000 on its Pajero, Outlander and Montero cars. Responding in the same spirit While BMW, General Motors and Toyota said they would pass on the benefits of excise cut, Tata Motors said it would soon announced its decision on it. "We will pass on the benefits of this...

Now Honda and Ford reduced its car prices

After Mitsubishi's cut prices of its high-end cars after excise duty cut on large cars, Ford and Honda joined in the rally. Both the carmkers reduced the prices of their cars by up to Rs 6,000. Ford India announced a price cut of Rs 6,000 for its sport utility vehicle (SUV) 'Endeavour'. While Honda Siel Cars India (HSCI) cut the prices by Rs 5,000 for its luxury sedan 'Accord' and SUV 'CR-V'. Following the price cuts, Honda's Accord would now be available between Rs 17.72 lakh and Rs 24.80 lakh. Its CR-V would now come at Rs 22.92-Rs 23.62 lakh. GM India, Toyota Kirloskar Motor and BMW had also said they would pass on the benefit of excise...

Hyundai, Tata and Maruti plans to hire engineering talent from Detroit

India’s largest carmaker had sent a team to Detroit to shop for talent. It bagged 10 engineers so far, two of them expats. Maruti also plans to hire around 500 people in managerial capacity in the next financial year. Sunil Goel, director of GlobalHunt India, said there is a serious shortage of skilled manpower in India, which has forced these companies to look outside. Arvind Saxena, senior VP (sales and marketing) said, "We have always believed in hiring the best and if this means extending the boundaries to include those living outside India, we are open. I am sure this will be a good opportunity for many Indians as well, who want to come...

Tata to showcase Indicruz model in the Delhi Auto show

Tata Motors, one of the India's largest car manufacturer will showcase its Tata Indicruz model in the Delhi Auto Expo, starting 5th January next year. The Tata Indicruz model is expected to be officially launched in the first quarter of next year by the company. Tata Indicruz is a MUV (Multi Utility vehicle) that has been designed to provide a multi purpose vehicle which can be drove in cities as comfortably as in off road journeys.The Tata Indicruz model has been manufactured at the platform of Tata New Safari model and it is coming with the same 2.2L Safari Dicor engine. Besides the latest engine the Tata Indicruz model is coming with all...

Tata Indicruz, Tata Indica Vista Igins at Auto Expo

Tata Motors, one of the largest auto maker in India, is expected to launch a couple of new vehicles at the up-coming Auto Expo. According to sources, the new launches will include Tata Indicruz and Tata Indica Vista Igins. Apart from these, the company will launch a Jaguar-branded luxury saloon. The Tata Indicruz is supposed to be a crossover utility vehicle (CUV) and might be priced at Rs 6-8 lakh in India. The CUV is to be pitted against Chevrolet Tavera, Mahindra Xylo and Toyota Innova. The Indicruz was displayed at Geneva Auto Show in 2005. The CUV is reported to be based on Tata Indica Vista platfor...

Tata may unveil Prima at Auto Expo 2010

One of the leading auto maker in India, Tata Motors is mulling to launch its concept luxury saloon model Tata Prima at the forthcoming Auto Expo 2010. The concept car was displayed at the Geneva Auto Show 2009 for the first time. The saloon model was designed by Italy based design studio Pinanfarina. However, official comment is awaited but sources close to the Auto Expo development confirmed the news. The car is expected to be introduced in India in next two-three years. On the other hand, the model will be shortly available in European marke...

Volkswagen Pavilion at Auto Expo

Delhi Auto Expo 2010 at pragati Maidan is the largest Indian auto fair. People are excited to see the hottest cars that will be revealed infront of them. Volkswagen India officials haven't given any detail regarding their products as they are busy in setting up things.Volkswagen has booked a 1500 sq. mt pavilion to exhibit its new VW Polo positioned in the A2 segment with a 1.2-litre petrol engine. VW Touareg and Beetle, will also share space with the Polo as will the Jetta and Passa at the Delhi Auto Expo 2010. Volkswagen Phaeton also caught the eye of our photographer without cove...

Volkswagen Polo launched at Auto Expo

The most awaited Volkswagon Polo, named the 2010 European car has finally come face to face with its viewers today at the Auto Expo. The Volkwagon beauty will be available in showroom from March 2010 with both petrol and diesel engines having three variants in both the engines respectively. The name of the variants are Trend Line, Comfort Line, and High Line. Some of the common features of both the diesel and petrol variants of Volkswagon Polo are its obviously its unique design, adjustable tilt steering, chrome finished exteriors, body colored bumpers, green tinted heat absorbing glass, Halogen Headlamp, Six Year Anti Corrosion Warranty,15inch...

Volkswagen Race Polo unveiled at Auto Expo

Today Volkswagen comes up with a major surprise to the viewers by showcasing Volkswagen Race Polo at the grand show. The excitement on the faces of viewers there was quiet apparent and they were on their toes to take pictures. Its a sports version of Volkswagen Polo with a more powerful engin...

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