Wednesday, June 17, 2009

Mini Car from General Motors

After Nano, Mini Car from General Motors is waiting to show its galaxy to Indian customers. General Motors designates to launch its new mini car by the end of this year. The company has started trial production of the car. The new car will be developed on the Beat concept and will have multiple fuel options.

GM India enjoys a comfortable position in India despite its parent company sailing through choppy waters back home. In India, the company is facing pressure from the employees to roll out the new car early in the market. General Motors India has already invested more than Rs. 5000 crores in setting up its plant in Halol and Talegaon. Its combined manufacturing capacity is to produce 2.25 lakh cars annually which it plans to increase upto three lakh cars per annum.

The company, General Motors plans to roll out new cars this year. A mid-size luxury sedan Chevrolet Cruze priced around Rs. 12 lakh will arrive in September and a new mini car will be introduced by the end of this year. The mini car will be priced around Rs. 4 lakh. So, it is better to wait for Mini Car from General Motors.

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20. Grab Discount Offers in June from Car Manufacturers in India

Tuesday, June 16, 2009

Grab Discount Offers in June from Car Manufacturers in India

June seems to be the season of heavy discounts for Indian car buyers. Auto manufacturers are offering varying discounts across all their models to lure the Indian customers. May-June this year beat the December discounts already. Car companies are offering discounts starting from Rs. 5000 to up to Rs. 1 lakh on their cars in India.

Maruti Suzuki India Limited is offering discounts on nearly all the cars in its product portfolio. It is offering discount of Rs. 13,000 on Omni and Maruti 800, 35,000 on WagonR, 19,000 on Alto, 37,000 on Zen Estilo and 25,000 on SX4. The new model Maruti A-Star is also cheaper by Rs. 24,000 this month. However, latest and popular models do not have such attractive discount packages. Maruti Swift is available at a discount of Rs. 5000 only and there is no discount on the latest model Maruti Ritz.

I know all you purchasers wonders that how it happens? But there is no any tact or magic. It is the decision of car manufacturers that hefty price discounts on one particular car model can help give focus on that model and increase sales for a brief period of time. So, I think it is a good time to buy your beloved car at home.

Other auto makers are also offering discounts ranging from Rs. 10,000 to up to one lakh on their cars. General Motors, Ford India and Tata Motors have their cars lined up with various discounts across their product portfolio. Hyundai is already offering an exchange program to its customers to upgrade their cars to a bigger car without changing the EMI. “Monsoon always sees some discounting but this time the cuts are steeper,” said Rajiv Dube, president-passenger car division, Tata Motors.

So even before the monsoon in India, its already raining discounts in the auto sector. With additional excise duty cut benefits, cars couldn’t have been cheaper before.

Related Articles : Wheel Industry

01. Honda : What Next

02. Mahindra's Beautiful Dream XYLO running on the road
03. Mahindra and Mahindra : A New Scooter Segment
04. The car of the mile Maruti will not sell 800 in 11 cities from 2010
05. Hero Honda contributes climb up in two-wheeler sales
06. Tata's Air Car - Is it the next big thing?
07. Maruti 800 : Still run on the road
08. Once again Kawasaki-Bajaj
09. Global Car Majors to Follow Maruti Route
10. Maruti Suzuki's New Launch The Ritz - BS-IV Emission Norms
11. Is Audi Q5 pick the Indian Market?
12. Hyundai - Is a Nano Competitor?
13. Can Maruti Alto compete to Tata's Nano
14. Bajaj Bikes Runs On The Road of Africa and Europe
15. Maruti Suzuki Launches Ritz in Orissa
16. Tata Motors To Give Back Dealers Over Unsold Nano Forms
17. Skoda’s Attraction : A Small Car Runs on Indian Road in Next Year
18. What Is The Real Cost of Owning The Wonder Car - Nano?
19. Honda Jazz : An excellent car with good looks

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Honda Jazz : An excellent car with good looks

All you can see one more car runs on Indian roads and you may be a part of it. Yeah! I am talking about "Honda Jazz". The fresh masterpiece in the 4 Wheeler segment has finally introduced by the Honda Company as a small car with a view of making it big in small car segment in India. The small car segment has been the most competitive segment, especially in India where customers in significant numbers look for a small car at minimum budget range. So, it is quite understandable that Honda has come up with a small car in order to tap this market. At the same time, the Company has wanted to maintain its reputation by positioning the car in the luxury range, so that it makes a big impression like that of its most successful cars Honda City and Civic.

With the first look at the Jazz, we can be assured that it makes a good impression on road. I can also not help but feel that if the same model was introduced earlier than i20, it would certainly have made the best impression. Once I enter the car, the interior comfort gives a sense of getting into a luxury car. The seats are comfortable with cushioning and spacious legroom, and they justify the statement of "One life, why so serious?".

The power of 90PS with 1.2L Ivtech engine justifies and boosts confidence in the Honda cars. With the track record of the successful Honda New City, definitely we need not worry about performance. At the same time, the Features of the base model are a setback, as it comes without climate control, alloy wheels etc. Indeed, the test drive I took was very impressive and the car's acceleration, handling and breaking all proved good.

It could have certainly made a big success with the same price if launched earlier than the Fabia and i20, but now its seems to be too late. With the earlier rumours that Honda might have priced the the car around 4.5 Lac, many customers would have planned to switch over to Honda for hatchback but now the option goes back to Swift, Indica Vista, and if budget is little higher then i20 and only at the end, consider New Honda Jazz.

When I looked at this car I never stop my feelings and just say it is an excellent car with good looks, but simply too, too expensive.

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01. Honda : What Next

02. Mahindra's Beautiful Dream XYLO running on the road
03. Mahindra and Mahindra : A New Scooter Segment
04. The car of the mile Maruti will not sell 800 in 11 cities from 2010
05. Hero Honda contributes climb up in two-wheeler sales
06. Tata's Air Car - Is it the next big thing?
07. Maruti 800 : Still run on the road
08. Once again Kawasaki-Bajaj
09. Global Car Majors to Follow Maruti Route
10. Maruti Suzuki's New Launch The Ritz - BS-IV Emission Norms
11. Is Audi Q5 pick the Indian Market?
12. Hyundai - Is a Nano Competitor?
13. Can Maruti Alto compete to Tata's Nano
14. Bajaj Bikes Runs On The Road of Africa and Europe
15. Maruti Suzuki Launches Ritz in Orissa
16. Tata Motors To Give Back Dealers Over Unsold Nano Forms
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18. What Is The Real Cost of Owning The Wonder Car - Nano?

Monday, June 15, 2009

What Is The Real Cost of Owning The Wonder Car - Nano?

All we know that the Nano cost Rs. 1 lakh but how much will you have to cough up to run the car? Two-wheeler companies have been saying that the running cost will differentiate the Nano from a premium motorcycle brand. ET worked out the math.

The entry-level Nano, with its Rs. 1-lakh price tag, is expected to have an on-road price of Rs. 1.35 lakh in Pune. This will include the road tax of around Rs 10,000 including Rs. 2000-3,000 as registration and a one-time comprehensive insurance payment of Rs. 4,374.

The EMI for a five-year tenure loan is Rs. 2,300 added to which will be the petrol bill, with the Nano boasting a fuel efficiency of 23.6 km to a litre of petrol. In Pune, petrol retails at Rs. 44.29 per litre.

Explaining the tariff structure, the Maharashtra transport commissioner, Deepak Kapoor, said individual buyers have to pay 7% as road tax on the total cost of the car, which rises to 14% for corporates. Moreover, the tariff structure is based on the cost and not on the size of the engine. “We are not expecting huge tax collection on the Nano since its base price is low,” Mr Kapoor said.

The Nano’s insurance costs are also higher than two-wheelers. Finance industry professionals tracking the sector said the EMI on a higher-end Nano could be Rs. 3450-4000 for a five year loan while one-time insurance costs would be over Rs. 6,000.

When it comes to spare parts, though, the Nano is not going to be very different from other cars since all automotive manufacturers make their money on spares. “The world over, car makers always earn on spares and the Nano is not going to be any different. Individual spares of the car will probably cost the same as those of the Indica,” said a Nano vendor.

The owner of an automotive garage said the most commonly replaced parts in an Indica are front and rear bumpers.

Related Articles : Wheel Industry

01. Honda : What Next

02. Mahindra's Beautiful Dream XYLO running on the road
03. Mahindra and Mahindra : A New Scooter Segment
04. The car of the mile Maruti will not sell 800 in 11 cities from 2010
05. Hero Honda contributes climb up in two-wheeler sales
06. Tata's Air Car - Is it the next big thing?
07. Maruti 800 : Still run on the road
08. Once again Kawasaki-Bajaj
09. Global Car Majors to Follow Maruti Route
10. Maruti Suzuki's New Launch The Ritz - BS-IV Emission Norms
11. Is Audi Q5 pick the Indian Market?
12. Hyundai - Is a Nano Competitor?
13. Can Maruti Alto compete to Tata's Nano
14. Bajaj Bikes Runs On The Road of Africa and Europe
15. Maruti Suzuki Launches Ritz in Orissa
16. Tata Motors To Give Back Dealers Over Unsold Nano Forms
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