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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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| One of the world's most expensive carmakers Bentley today said it will focus on emerging market such as India to boost sales to compensate for the slowdown in developed economies. Read Full News
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The United
Kingdom’s super premium luxury car brand Bentley Motors has
unveiled its Azure and the Continental GTC, both convertibles, in
India. The cars, rolled out of the company’s Britain plant, are to
be imported as completely built units (CBUs) and will be sold through
the company’s India partner, Delhi-based Exclusive Motors Private
Ltd.While the company has priced the Bentley Azure at Rs 3.8
crore (ex-showroom Delhi), the Continental GTC would sport a price
tag of Rs 2.10 crore. The Azure comes powered with a V-8 6.75-litre
twin turbo-charged engine. The Continental GTC, meanwhile comes with
a 6.0-litre twin-turbo charged engine.
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Super premium luxury car brand
Bentley too on Friday raised its voice and sought revision of import
duty structure on automobiles.
“The Indian super premium luxury car market in India has been
growing fast. But you have to look at the tax structure for imported
cars,” Bentley Middle East, Africa and India Regional Director, Ian
Gorsuch, told reporters here as Bentley introduced its two
convertible models — Bentley Azure and Continental GTC — priced
at Rs. 3.80 crore and Rs. 2.10 crore, respectively.
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UK-based luxury
car major Bentley Motors today launched its two super-luxury cars in
convertible motors' segment in India. Bentley's two new convertibles -- "Azure" priced at Rs
3.80 crore (ex-showroom) and "Continental GTC" for Rs 2.10
crore (ex-showroom) -- will be available only at its show-room in New
Delhi.
Announcing the launch here today, Company's Regional Sales Manager
(Middle East, Africa and India) Ian Hession said, "We are
targeting to sell at least 25 cars every year in the Indian market."
Bentley, since it first hit the India market in October 2003, has
sold more than 40 cars in the super-luxury segment.
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Bentley has
unveiled the Azure and the Continental GTC in India. They are
manufactured at the UK plant and will be imported through the CBU
(completely built unit) route at a price of Rs 3.8 crore and Rs 2.1
crore respectively (ex-showroom - Delhi). They are available through Delhi based Exclusive Motors Pvt Ltd—
The India Partner of Bentley Motors.
“We come to India not by chance but with a plan and it’s the
growing acceptance among discerning Indian connoisseurs for such
high-priced, super-luxury vehicles that’s making us more confident
about the market’s potential,” said Mr Ian Hession, Regional
Sales Manager, Bentley Middle East Africa & India. We are
positive that this is the market of the future.”
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| The luxury car market seems to have remained unscathed by the financial turmoil with buyers lining up to place orders. Companies such as Mercedes, BMW, Audi, Porsche, Rolls Royce and Bentley have recorded fantastic growth in recent months, especially when the global meltdown has taken a toll on buyi...Read Full News
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| SUPER LUXURY car manufacturers are spotting the growing car markets like India and China as there is a drastic slowdown in the global car industry. Some of the luxury automobile companies like Rolls-Royce, Bentley and Volvo are diverting their attention to Indian markets.
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| The effect of the subprime crisis that began to be felt around early 2007 hasn’t affected domestic sales of super luxury cars priced between Rs 1 and 3 crore. Super luxury car manufacturers such as UK’s Bentley grew by 20 per cent last year and expect to clock similar growth in the country this year...Read Full News
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| Country's largest car maker Maruti Suzuki India Ltd on Friday said it has reduced prices of its small car from Rs 6,500 for Maruti 800 to Rs 18,030 for Swift Diesel (ex-showroom Delhi) after government cut excise duty on small cars from 16 per cent to 12 per cent. The company has announced price red...Read Full News
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| India's oldest car maker, Hindustan Motors Ltd, plans to invest 750 million over two years at its Uttarpara plant in West Bengal to boost its components business, a top official said on Monday.
The bulk of the investment will go towards upgrading technology and modernising the component manufacturi...Read Full News
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| The Rs 765 crore acquisition of the Daewoo Motor India’s Surajpur assets will accelerate the ambitious small car and commercial vehicle project being set up in Hyderabad by former Hyundai Motors India president B V R Subbu and M Lokeshwara Rao of Lokesh Machines Ltd.
Backed by a cluster of private ...Read Full News
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