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Luxury Cars to Become Luxuries

With the budget for the financial year April 2012 – March 2013 revealed, luxury cars can become distant dreams even for those who were thinking about buying them. With the proposed increase in the excise duty for imported cars, an average luxury car is going to become

Honda-SIEL Boat Rocks

The long and strong friendship between the Honda Motor Company and Sriram Industrial Enterprises Limited is in jeopardy over the valuation of SIEL’s 5% stake. This relationship established in 1995 for manufacturing passenger cars gave birth to Honda SIEL’s Cars India (HSCI). It got into troubled waters

Mitsubishi Ventures in India: Small Car Manufacturing

Following the foot steps of it’s competitors, Japanese car manufacturer Misubishi Motor Corporation is considering opening a manufacturing unit for its ECOCAR Mirage in India. Post Nissan’s entry into the Indian market with a manufacturing unit in Chennai, Mitsubishi doesn’t want to stay far behind due to

Car Sales Go Up as a Post Budget Price Hike is Anticipated

As the entire country awaits Mr. Pranab Mukherjee’s announcement for the revised budget for the fiscal year 0212-2013, an increase has been observed in the purchase of cars after the July 2011 meltdown. For the first time in 3 years, the requirement for cars had reduced owing

BMW’s Plan to Facilitate in Constructing Sustainable Cities

German manufacturer of BMW cars said on Wednesday that they will facilitate in constructing sustainable cities in Mumbai and other cities around the globe. This is to address the problems that arise because of overpopulation and the insufficiency in facilities. The BMW-Guggenheim is a mobile laboratory which

The new A6 Sedan from Audi

Audi, the well-known automobile manufacturer from Germany launched their executive class Sedan A6 last Wednesday. The price of the car ranges from Rs 37.7 lakh to Rs 47 lakh. Michael Perschke, head of Audi India stated that their launch of the new Audi A6 is in line

Deal in the Drains – Volkswagen and Suzuki

There was much ado about the million dollar deal between Suzuki Motor Corp and Volkswagen AG. The deal was to permit Suzuki to have access to Volkswagen’s high technologies and advanced hybrid, and in return they would be permitted access to their leading technology in small-cars. This

Gurgaon, new plant site for Maruti DZire

Hindered production as a consequence of labour contention in Manesar the past month has caused Maruti Suzuki to move the production plant of its Swift DZire to its Gurgaon facility. A clean slate, devoid of any major industrial dispute is what made Tata Motors choose the Gurgaon

Bajaj to put an end to its venture of low-cost mini car

Bajaj auto ltd, India’s leading two wheeler manufacturer finally set to put an end to its venture of developing an ultra low-cost mini car for the Renault- Nissan alliance. The project, which is expected to challenge Tata’s Nano, the world’s cheapest car, is finally dropped with the

Car manufactures in a race to attract customers through alluring discounts

Car manufacturers have come up with a strategy of alluring discount rates to catalyze the sales after a severe setback of the growth rate in the month of June which stood at 1.6 percent. This is the lowest percent gain in 26 months with an amazing gain