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| Honda Siel Cars added another feather in it's cap by lauching India's first hybridcar, that is 47 per cent more fuel efficient than the Honda Civic petrol car. Thecar is powered by a petrol engine and an electic motor. At high speeds, three stageiVTEC IMA petrol engine work while at idling or at traffic signal, the electricmotor works thus preventi... Read Full News
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| To curtail the demand for gas guzzlers, the Government of India has hiked the excise duty on vehicles. The SUVs, luxury cars having the engine capacity 2000cc and above will see increase in price of Rs20,000. The mid size cars having engine capacity ranging between 1500 to 1999cc increases up to RS.15,000.Sales of luxury brands like Audi,Daimler Ch... Read Full News
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| Hyundai Santro admitted as the number one position in compact car segment in the Vehicle Dependability Study (VDS) conducted by JD Power Asia Pacific 2008. JD Power Asia-Pacific study is one of the most esteemed and renowned for its total objectivity conducted the test first time in India in various segments of the car like compact cars, premium ... Read Full News
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| There is total confusion across the country on who would bear the higher excise cost imposed on vehicles with higher capacity engines. Earlier, Govt has slapped an additional specific duty of up to Rs 20,000 per car. The cars which are with dealers right now are sent to them earlier before the new excise duty kicked in by the government. But the an... Read Full News
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| Yamaha which is buoyed by the initial response for its latest offering R15 is betting big on the bike. Yamaha has already made 500 registration in chennai within few days of the commercial launch and it hopes to sell 25000 units of R15 before the end of this year.We will start a new era of Yamaha India with this bike," Yamaha India chief executive ... Read Full News
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| Fed up with raising interest rates,spiking fuel prices, here is an announcement from Mr.Ahluwalia, Deputy Chairman,Planning Commission you don't want to hear. The planning commission deputy chairman Montek Singh Ahluwalia said that people in the upper middle class should be ready to spend more prices to the petrol and diesel, while referring to the... Read Full News
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| Royal Enfield, a division of Eicher motors unveiled its much expected Thunderbird Twinspark model with a Unit Construction Engine (UCE) Unlike the previous generation engines, the new UCE features engine, clutch and gearbox tucked into a single casing, thus making the entire assembly more compact, promoting the fuel efficiency by 10 percent and red... Read Full News
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| Ford has launched a new sports variant of Fiesta called Fiesta S that clocks 0-100 km in 11 seconds and an upgraded SXI variant of the Fiesta featuring new front grille and head lamps. The new Ford Fiesta range is priced from Rs. 6, 29, 000 for petrol variants and from Rs. 7, 10,000 for the turbodiesel models. The Fiesta 1.6 S, available only with... Read Full News
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| Tata's Nano may be the world cheapest car but it seems like buying a nano won't be cheaper. The Nano customers might be treated as a buyer of second-hand car if they are taking a loan to finance the Tato Nano says some leading bankers. The leading auto loan financiers are saying that typical loan applicants for the Tata Nano might be people with lo... Read Full News
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| Hyundai has announced an offer for the buyers of i10 and santro. Hyundai will take care of the increase in petrol price that might happen in next six months.The offer is valid only for buyers who book i10 or santro between June 20th to June 30th 2008.... Read Full News
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| The Indian unit of Italy's Fiat (FIA.MI: Quote, Profile, Research, Stock Buzz) plans to launch its mid-sized sedan Linea in India in December, the company said on Friday.Read Full News
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| Italy car manufacturer Fiat Thursday announced it would roll out the world’s cheapest car in India by 2010.Read Full News
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| Fiat’s midsize sedan Linea, scheduled to be launched in September, may come in a month later, according to company sources.
“We have always maintained that we will launch Linea in the September to December period. We are looking for an appropriate time,” said a Fiat spokesperson.Read Full News
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| Fiat India Automobiles Pvt Ltd is evaluating the possibility of setting a full-fledged R&D centre at its Ranjangaon plant along with its JV partner Tata Motors. Read Full News
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| Indian car maker Tata Motors Ltd (TAMO.BO: Quote, Profile, Research) is open to Italy's Fiat SpA (FIA.MI: Quote, Profile, Research) helping to sell the ultra-cheap Nano model overseas, Chairman Ratan Tata said on Tuesday.Read Full News
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| Italian automaker, Fiat, on a comeback trail through a joint venture with Tata Motors, has launched the much awaited 500, or Cinquecento in India last Friday.Read Full News
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| The joint venture between Fiat and Tata Motors, Fiat India Automobiles Pricate, revealed that the Fiat 500 is scheduled to hit the Indian market on July 18.Read Full News
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| Aiming to sell just 100 units a year of Italy’s iconic Cinquecento car—renamed Fiat 500 in India—seems a small number butFiat Automobiles India Pvt. Ltd hopes the marquee brand will refurbish its image in the country and enable sales of more than 60,000 cars next year.Read Full News
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| Fiat, which is aggressively trying to expand its presence in India, is launching its much-talked about two-door lifestyle car Fiat 500 this month.Read Full News
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| Fiat is planning an aggressive pricing strategy to boost sales in India. And, to keep prices low, it intends to increase local component sourcing. For instance, Grande Punto, to be produced at the Rs 4,000 crore Ranjangaon plant, will have an initial localisation content of 50% but will go up to 90%, helping it cut prices by 10-15%, Fiat India CEO Rajeev Kapoor said. A similar strategy will be adopted for its sedan, Linea, which is also expected to hit the roads later this year.
At present, Fiat has a 0.3% market share in India’s 1.4 million a year passenger car market. The company is targeting sales of 70,000 units a year by 2010. Read Full News
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| Italian automobile major Fiat Auto and domestic car giant Tata Motors will soon jointly launch the Fiat Grand Punto and Linea models in India.
The cars will be sold through the Fiat and Tata dealer networks. Read Full News
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| Fiat of Italy has decided to turn India into a manufacturing hub for the right-hand drive versions of its Linea sedan. The Tata-Fiat combine, which made the announcement at the global launch of the car here, will start manufacturing and retailing of the car in India by mid-2008 from its Ranjangaon facility in Maharashtra.
The plant with a capacity to make one-lakh vehicles went on stream earlier last month, when it began producing the Fiat Palio Stile. The Linea model manufactured in the facility will be exported to right-hand drive markets such as South Africa and Australia.Read Full News
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| Italian auto major Fiat has said that they are aiming to sell one lakh units of cars planned to be launched next year in the Indian market.
Fiat Automobiles Spa Chief Executive Officer Luca De Meo was quoted as saying: “We want to accelerate our entry into key emerging markets. I think India is a market where we could actually get above the 1,00,000 threshold if the market develops in the right direction.”Read Full News
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| Fiat’s hatchback Grande Punto and sedan Linea were expected to be launched in India by mid-2008,said Stefan Ketter, senior vice-president, manufacturing, Fiat Group Automobiles. Both are mid-size cars.
Fiat and Tata Motors, in an industrial joint venture for cars and engines, on Monday formally opened their Ranjangaon plant near Pune. The plant has a capacity to produce one lakh cars and two lakh engines every year for the Indian and foreign markets. Ketter said the Punto and the Linea would roll out from this plant. Fiat and Tata Motors will invest 50% each in the Rs 4,000-crore facility.Read Full News
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| German luxury car maker Audi will launch its sports car 'R8' in India this November, with a price tag of Rs 1.17 crore, even as the company gears up to clock an overall sales of around 1,000 cars in the country this year.
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| A proposal by the joint venture between Tata Motors and Fiat to set up a facility to manufacture the world's most famous small diesel engine — the 1.3 multijet — had been rejected by Japan's largest maker of minicars, Suzuki Motor Corporation (SMC).
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| In a move that seems like making up for its delayed entry into the compact car segment, Toyota Kirloskar Motor (TKM), a joint venture between Japan's Toyota Motor and Pune-based Kirloskar Group, is planning to launch a series of models with engines varying between 1.1-1.3 litre over the next two to ...Read Full News
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| Korean auto maker Hyundai Motor Co unveiled its India-made i10 mini car, code-named Pa, in the capital on Wednesday. Equipped with a 1.1 litre iRDE petrol engine, the car which will be made only in India, will also be exported to 75 countries across the world.
A 1.1 litre diesel version of the i10...Read Full News
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| German sports car major Porsche on Wednesday rolled out its second generation Cayenne SUV in India at a price range of Rs. 49.30 lakh to Rs. 1.10 crore to help the company achieve a three-fold increase in sales in the next three years.
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