Year 2010 has been a blessing for the Indian Automobile market as it witnessed exponential growth during this period which made many companies launch their models to get their share of pie. Simultaneously the companies realised the big fact that Indian Auto market is hugely based on the small car segment. As much as 70 per cent share is bagged by this lucrative segment thus lines up abysmal opportunities for small car manufacturers. Looking at the scenario, Global majors like Volkswagen also launched a small car to enrich their Indian portfolio with Toyota being next in line.
The leading carmakers of the country are gearing up to face challenges thrown by newer carmakers offering competitive products. One of the top three carmakers of the country - Hyundai Motor India, which is a wholly-owned subsidiary of Hyundai Motor Company (HMC), is going to set up a greenfield plant.
Hyundai Motor India that has bestselling models like – Hyundai i10, Hyundai Santro, Hyundai Verna, Hyundai Santa Fe etc under its belt will spend Rs 400 crore to build the 1.5 lakh capacity diesel engine plant. This is in view of the rising demand and the company is hoping to cater to it through this plant. Hyundai Motor already has two car manufacturing plants located in Chennai but the new plant’s location is yet to be decided. HW Park, MD, Hyundai Motor India was quoted by a business daily saying, “While we are channelising more production to India and cutting down exports, the new diesel engines would be fitted into our existing and future cars as local customers are gradually preferring diesel over petrol.”
Maruti Suzuki, India's largest car maker is all set to break the ice and make its grand entry in the premium segment with its exciting model, Maruti Kizashi. The beautiful saloon from Maruti will come loaded with 2.4 litre petrol engine and will get its official launch within a month's time.
Kizashi is a Japanese word meaning great things upcoming which might come true with the all new car coming up from Maruti's stable. At present the highest priced model in Maruti Suzuki's portfolio is Maruti SX4 which is tagged at Rs 7 lakh. The all exciting Maruti Kizashi will take the tag away from Maruti SX4 as Kizashi might be priced between Rs 18 to 20 Lakh. Though it is the original price, the car when launched in India might not be priced this heavily and come for around Rs 10 to 12 lakh.
Toyota Etios, the recently introduced sedan from the Japanese auto giant has created a rage in the market but now the question arises if it will be able to survive the competition from the biggest player in the mid-size sedan segment Maruti Swift. Maruti is currently the leader in the Indian auto market and sells more than one lakh cars from two consecutive months has cemented its position. If ToyotaEtios has to find its place at the top spot, it would have to beatMaruti Swift Dzire that maintain its strong position in the Indian auto market. Lets compare the sedans and find out the 2011 market winner.
The Indian A2 car segment is booming and attracting more and more carmakers. The competition is increasing and benefiting the customers who are now spoilt for choice.
Nissan is contemplating to reposition its recently launched hatchback Nissan Micra in a bid to boost its sales in the very cost sensitive Indian scenario. Nissan Micra is likely to be re positioned in the A2 segment, which is a volume driven segment and is ruled by names like Maruti, Hyundai and Tata.
Its time to bid adieu to 2010, this year has embarked a special place in the Indian auto sector. The domestic auto market raised its bar to 30 per cent and coming on the second position globally as the fastest growing auto industry. This year saw a great rise in the availability of cars where new auto giant played its cards with new technology for the old to match up with them. In this blog you will read about the most popular sedans of the year 2010 which has lured the Indian car buyers whole year round.
Sold the car- but now it is a half job done by the car makers in this price sensitive Indian auto market.
Ford Figo, the hot selling cake from the US auto giant has also been honoured with the prestigious 'Car of the Year' award from India's top journalists. Ford Figo is a well established car thanks to its great features, latest technology and above all the right pricing. But the industry experts are to be reckoned, the hatchback may lose against Fiat Punto. Reason being that the American giant lags behind in after sales service which plays an important role for the Indian consumers to buy a new car.
The leading German Automaker, BMW has come up with its new SUV (Sports Utility Vehicle) in Indian auto market. The car is giving a stiff competition to Toyota Fortuner. ToyotaFortuner that is one the most demanded SUV's at present in India. It is the cars popularity amongst the SUV fanatics that the bookings of Toyota Fortuner are closed for a while. With BMW X1 now in the Indian auto market, Toyota will surely have to boost production of Toyota Fortuner.
Get ready for an all new experience as BMW X1 makes a grand entry today, 23rd December, 2010 at Deutsche Motoren, Mathura Road, New Delhi. the BMWX1 price was claimed to be the lowest among all offerings from BMW in the segment and that will make it the most competetive product in market, and the launch has confirmed the claim. the price of BMW X1 sDrive 18i (2.0L petrol engine) is decided to be Rs 22 Lakh. Whereas the price of BMW X1 sDrive 20D (Diesel Engine) is kept at Rs 23.9 Lakh and BMW X1 sDrive 20D Xclusive (Diesel Engine) is tagged at Rs 29.9 Lakh only.
Today, BMW India has launched its most awaited SUV(Sports Utility Vehicle), BMW X1 at Deutsche Motoren, Mathura Road, New Delhi. This exciting crossover will be available in three variants i.e. : BMW X1 sDrive 18i (2.0L petrol engine) priced at 22 Lakh , BMW X1 sDrive 20D (Diesel Engine) priced at 23.9 Lakh and BMW X1 sDrive 20D Xclusive (Diesel Engine) for 29.9 Lakh. This new BMW sensation is powered by 1.8 litre petrol engine and 2.0 diesel engines.
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