National - New import duty norms for luxury car makers
- Petrol hike advances sales of diesel cars
- Honda Brio spotted undergoing road tests in New Delhi
- Tata Motors to introduce cheaper Aria
- India emerges as a preferred production base
- Mahindra Scorpio Ex to be launched at an attractive price of Rs 7.2 Lakh
- Renault to market low-cost car only if satisfied
International - Toyota to launch a social networking service for its cars
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New import duty norms for luxury car makers Finance Minister Pranab Mukherjee has created confusion among global car makers as the import duty on some auto components has gone up from 10% to 30%. This was done by altering the definition of 'Completely Knocked Down' (CKD) kit imports. Affected components include pre-assembled engines, gear boxes, transmission and chassis. Most car makers have expressed their unanimous disappointment and disapproval over the new norms.
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Petrol hike advances sales of diesel cars High interest rate on loans, compounded with successive petrol price hikes have left consumers opting for diesel cars over petrol cars. Some diesel variants are doing much better than their petrol counter parts. For example demand for diesel Maruti Swift hatchback, SX4 and Dezire accounts for 70% of sales of these cars. Recognizing the trend most companies like Volkswagen, Hyundai Motors, Tata Motors and General Motors are planning to add more diesel variants to their collection. Reports also suggest soon Tata Nano, Toyota Etios and Chevrolet Beat might be available in diesel.
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Honda Brio spotted undergoing road tests in New Delhi Honda SIEL's small car Brio has been undergoing road tests in the capital. This compact hatchback comes with striking features like fuel efficiency and great ground clearance at the price bracket of Rs 5 lakh. Though spotted on Delhi roads during test drives, the company is refusing to set a date for its launch. Built on the 2CV concept, this first hatchback from Honda is already in news for its exquisite looks. Honda Brio is powered by a 1.2 litre engine borrowed from Honda Jazz, and gives a displacement of 1198cc. The car comes with a spacious interior and good boot space. The car is also expected to come with an electronically powered steering wheel and disc brakes on all wheels.
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Tata Motors to introduce cheaper Aria Tata Motors Limited is in the process of launching a stripped down version of Aria in July, 2011. A crossover between a sports and a utility vehicle, Aria has been a disappointment to its buyers due to its high pricing. The redeemed version of Aria has lower specifications and reduced pricing. The new variant would cater only to the domestic market and may also be extended to the commercial taxi segment. Currently costing Rs 14 lakh and up, Aria is Rs 3-4 lakh costlier than its contenders like Mahindra Xylo and Toyota Innova. With an eye to improve the car sales, "The new variant should be at least Rs 2.5 lakh cheaper," commented a company's vendor.
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India emerges as a preferred production base Following the footprints of Hyundai and Suzuki, Ford is making India its production base for the Figo. India has become the world's largest exporter of small cars as companies find it more economical to market the smaller car models made in India. The reasons for these international giants to choose India as their production base rests primarily on India's well developed steel and metallurgical industries and mature vendors of auto components. India will produce 2.7 million passengers cars in 2011-2012 of which 25 percent will be exported.
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Mahindra Scorpio Ex to be launched at an attractive price of Rs 7.2 Lakh Mahindra & Mahindra announced the launch of a new variant of the Scorpio called Scorpio Ex. This entry level and least-expensive variant is priced at Rs 7.2 lakh ex-showroom Pune. Scorpio Ex boasts of impressive mileage of 14-km per litre and its 2.5 litre engine is equipped with fuel-saving technology. Scorpio Ex will be available in four colours - Rocky Beige, Diamond White, Fiery Black and Mist Silver. This new variant is almost Rs 40,000 cheaper than the current cheapest variant. The main idea behind introducing a cheaper variant of Scorpio is to attract young potential buyers.
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Renault to market low-cost car only if satisfied French automaker Renault plans to market the low-cost car, a joint venture with Bajaj Auto, only if the quality of the product satisfies Renault. Rajiv Bajaj, Managing Director of Bajaj Auto commented last week that Bajaj Auto along with its two partners Renault and Japan's Nissan Motors intends to launch a low-cost car by mid 2012. Bajaj will design and manufacture the product, and its foreign partners would take care of marketing and sales. Marc Nassif, Managing Director of Renault India told reporters that the company will go ahead with the marketing only if the quality of development of the low-cost car matches their expected standards and DNA.
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Toyota to launch a social networking service for its cars Toyota is setting up a social networking service with the help of Microsoft and Salesforce.com, on the lines of Facebook and Twitter which will enable the drivers to interact with their cars. "Toyota Friend" is an exclusive private social network which works similar to tweets on Twitter. The exchanges between the car and the car owners can be kept private or can be shared with other "Toyota Friend" users, as well as made public on forums like Twitter or Facebook. As many cars come equipped with navigation and other network-linking options they can easily function as a mobile device, making the interaction between the car and their users easier. Constructed on open-source cloud platforms of Salesforce.com and Microsoft's platform, Toyota's service will be launched in Japan in 2012 followed by its launch in the rest of the world.
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| Upcoming Car Preview | See All | .jpg) | Ford Fiesta (Hatchback) - Expected June 2011 The Ford Fiesta hatch is everything a premium hatch should be. Brilliantly designed, immensely fuel efficient and a dream to drive. Expected to be priced in the same range as other high-end hatches, it will be a difficult car to compete with.
Expected Price: Rs. 6,50,000 See Details» | |
| Recent Car Launches | See All |  | Renault Fluence 2.0L Petrol The 2.0-litre petrol variant has a maximum power of 137Ps at 6000rpm and maximum torque of 190Nm at 3700rpm. It is also integrated with advanced CVT II type 6 speed manual mode transmission.
See Details» | |
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