India created history on April 2 by winning the ICC Cricket World Cup twice. Praises and gifts are being showered on the team from practically every corner. The auto fraternity is not far behind in the display of appreciation.
Toyota Kirloskar Motors India has increased the prices for its cars by Rs 20,000, however, has left Toyota Etios the most desirable car. Probably the effect is due to high fluctuation felt in yen which has affected the prices.
Toyota Motors has not reasoned the hike however it is being highly speculated to be the increase in the yen. The Japanese auto company did not raise the price of Toyota Etios because the car's transmission and engine is produced in Bidadi plant. It is the reason given why the Island nation's car firm has not raised the car prices.
The another reason of not increasing the price of Toyota Etios is also that the strong customer base has been able to achieve due to pricing. Already the delay in delivering the sedan is too long and later if the prices will be increased they will lose on there customer base.
India is opening up as a global auto market, proving it right are the number of launches which it has witnessed so far. These include big names like Koenigsegg, Audi, BMW etc. Auto giants in wake of being the first in the race of reaching the top slot are adapting every possible strategy to conquer this thriving market. Diesel cars seem to be the most happening thing right now, with every auto biggie coming up with a diesel model of its most popular car. General Motors has already announced the diesel version of its flagship Chevrolet Beat made under its Indian arm Chevrolet.
Ford India is elated over the landmark which it has achieved by rolling out the 100,000th engine this month from Maraimalainagar Nagar engine facility. Within a time frame of fourteen months the company achieved this milestone. The engine plant was opened 14 months ago in the fiscal year 2010. Speaking on the occasion, Michael Boneham, president and managing director of Ford India said that the company is extremely happy with this achievement and looks forward to celebrating it. He said that this would not have been possible without the hard work of the plant employees. He further added that this proves the company's commitment to deliver best quality work.
Ford India recently announced that it is thinking on the lines of launching eight new cars in India by 2015. Few days back Ford revealed its plans to bring the upgraded version of its popular saloon Ford Fiesta in India. Following the news of Ford Fiesta being relaunched here we are here with yet another news of Ford to launch new variant of its flagship Ford Figo. As per the grapevine, Ford plans to roll out another variant of its popular hatchback that made Ford a huge success in India. Ford Figo 1.6 is rumoured to be in the works. The new Ford Figo 1.6 is likely to be powered with 1.6 Duratec engine, which is capable of producing 100 bhp of power.
Koenigsegg Agera has made a grand entry in India on 29th March in the midst of applause and celebrations. Koenigsegg Agera is the first baby from the Swedish car maker is a big launch of the year. This luxury car swears on luxury, sophisticated technology and advance features. Koenigsegg Agera offers great speed which is one thing every luxury car owner looks for. Only a matter of 3 seconds Koenigsegg Agera can accelerate from 0 to 100 kmph. The car can reach to 400 kmph of high speed along with abundance of luxury. Its super advance features and style captures eyes of every spectator. This speed, sports cum luxury car cost definitely alot, it may cause a deep dig in your pocket as it comes with a price tag of Rs 12.5 crore (ex-showroom New Delhi). So what are you waiting for start saving!
Volkswagen today launched the eagerly awaited carVolkswagen Passat BlueMotion equipped with the BlueMotion technologies, in India. The new sedan is powered with a diesel engine and will be available in both manual as well automatic transmissions. The German auto giant has priced the car competitively at Rs 20.80 lakh ex showroom Delhi. Volkswagen will commence the bookings of the all new Volkswagen Passat Highline and Volkswagen Passat Comfortline from next month. However the Volkswagen Passat Trendline will be available for booking a little later.
Speaking on the occasion Mr. Neeraj Garg, Member of Board and Director, Volkswagen Passenger Cars, Volkswagen Group Sales India Pvt. Ltd. said, that the forerunner of the new Volkswagen Passat was launched in India in 2007, the new model has been rolled out following the success of its predecessor.
Koenigsegg Agera will be launched tomorrow in India, it is one of the big launch happening in this year. It is the first power car from the Sweden maker which swears on the luxury, features and looks in Agera. The car gives a dynamic look and seems to be ready to roar on Indian shores. In India, there are many luxury cars making its entry in India in the fall winter season. Recently BMW 6 Series convertible was launched. As per the speculations the new revised version of Volkswagen Passat will make its entry soon. The car makers are feeling the heat of the fierce competition it will bring in. The Sweden car company has tied up with Inter Globe Enterprises to sell its cars in India.
Volkswagen Passat the new work of Volkswagen for the domestic auto market is all set to raise the curtain on 29th March. The German luxury car has made the new Passat to continue its supremacy over the Indian auto market. Volkswagen is launching its new revised version of Volkswagen Passat in the domestic auto market. For this ongoing year, India has already witnessed many launches in the luxury car segment. This super expensive list includes names like Audi R8 V10 spyder, Koenigsegg Agera and more. The Indian auto market looks great for the luxury cars as the country's economy is the third largest growing massively.
BMW has been firmly sitting on the top spot in the Indian car market for quite some time. The carmaker has ambitious plans for india’s emerging luxury car market. To get a competitive edge in the market BMW has announced that it will launch the X3 SAV (Sport Activity Vehicle) in India by mid-2011. The car will be assembled in BMW’s Chennai plant from a CKD kits.
The car will flaunt a new engine, gearbox and better rear doors. Its styling will have a combination of both the X1 and the larger X5. However, the car will be longer, taller and wider than the outgoing model. The BMW X3 will get the entry level version, X3 xDrive20d powered by a 184bhp motor carrying a price tag of Rs 41.2 lakh while the petrol X3 xdrive25i will come for Rs 42.2 lakh. The X3 will be up against the likes of Audi Q5, Land Rover Freelander and Volvo XC60.
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