Toyota Kirloskar Motor India will soon hit the Indian hatchback car market with its upcoming venture, Toyota Etios Liva this April. But the company is now looking to manufacture a smaller car in Indonesia aimed at emerging markets.
Last year the world’s number one automobile company Toyota Motor Corp was plagued by recalls and law suits. But the company has emerged from the crisis and is now looking at consolidating its presence in the emerging Asian markets where the growth lies.
As a step in that direction the company will build a low cost car in Indonesia along with Daihatsu. The car will be aimed at consumers in Indonesia and in neighbouring countries.
The automatic transmission cars in India are in vogue in the domestic auto market but still can't term it popular among the buyers due to various reasons. Way back in 1997 Maruti brought a hatchback Maruti Zen in two different transmission options, manual and automatic with a difference of Rs 85,000. Now Maruti A-Star which comes in two options have a difference Rs 50,000 in the pricing. The automatic transmission were quite expensive and not fuel efficient when compared to the manual variants. The reasons always contributed in not making the automatic transmission cars popular in India. The automatic transmission cars in India could not pick up on the trend as it could only offer three or four gears which always questioned on the performance of the cars. But now with the changing trends and technology, the automatic transmission has improved by rendering the required.
World over the focus is shifting to electric cars – be it the Nissan Leaf or the Chevrolet Volt or other hybrids almost every carmaker across the world is developing newer models for the future.
The Indian government doesn’t want to be left behind and it seems it is working on a policy to boost manufacturing of hybrid cars in India. The government is likely to do this by giving some excise duty concessions.
Minister of Heavy Industries and Public Enterprises Praful Patel is likely to spearhead the process. The government is likely to use fiscal sops like differential excise to boost research and development on hybrid vehicles. The Department of Heavy Industry would need the Cabinet approval for the formation of a high-level panel on the issue. If all goes as per plan there will be a policy by September.
Chevrolet Beat Diesel is likely to hit the Indian roads by June 2011. General Motors the parent company of the small car is willing to present this gift to the diesel lovers. P Balendran Vice-President General Motors made the announcement at the launch of Chevrolet Beat LPG recently that Chevrolet Beat Diesel will enter the Indian market this year by June. Though he said that it a mere extension of the variants rather than the expanding on the car models.
The diesel powertrain will be manufactured at the Talegaon unit in Maharashtra. GM India has already invested around USD 230 million for the unit which owns a capacity of 1.60 lakh cars.
New Hyundai Verna was sneaked at the Hyundai Chennai plant perfectly posing the style and class it is known for. The all new Hyundai Verna or RB sedan is likely to be launched in India soon and as per a close source the Korean auto giant has already commenced the production of the new car. The sources close to the development reveals that the new Hyundai Verna will be available in 1.6 petrol and 1.4 diesel engines. The car will be out with two transmission options of six speed manual and four speed autobox for the two variants. The new sedan will have a tough fight with some of the best sellers in the segment such as Honda City, Maruti SX4 and Volkswagen Vento. The new Hyundai Verna is expected to be priced at Rs 6.65 lakh to Rs 9.40 lakh (ex-showroom).
The American auto maker has introduced the next generation LPG Kit equipped with Advanced Multipoint Sequential LPG Injection technology smart enough to fade away the disadvantages of the conventional LPG kit. The company has recently manufactured its first India based powertrain developed to empower its cars.
The offspring of the Mahindra and Renault joint venture – Mahindra Logan – is all set to undergo a transformation but without the Renault badge this time. The joint venture turned sour last year and now a year later the sole product produced by the two companies is likely to get a facelift.
Having split up the two companies are now charting out different plans for the future. To begin with there would be no more French carmaker Renault at Mahindra dealerships.
The original Mahindra Renault Logan failed to lure many buyers and so after Mahindra bought Renault's 49 percent equity the sedan is all set to have a solo run in the Indian market. According to several media reports Mahindra might sell the Logan under a new name and the diamond-shaped Renault logo is going out.
The countdown has begun as the most awaited variant which in simple words is the best variant of the best best model from the American car maker, is getting its official launch tomorrow, 11th February 2011. The beautiful Chevrolet Beat LPG comes loaded with Next Generation LPG Kit which assures the high performance of the car. Unlike the normal Venturi-type LPG kit which is the market leader at present, the all exclusive ChevroletBeat LPG comes loaded with highly Advanced Multipoint Sequential LPG Injection Technology type kit. This newly built technology has overtaken all the loopholes of the traditional LPG kits used in the market.
The hatchback has already registered a good growth in the Indian auto market and now the LPG option with SMARTECH engine available in the portfolio, will make the model more popular in the market.
Soon the diesel cars will be dominating the Indian roads. Thanks to the rise in the petrol prices that has gone through the roof. According to the reports of the survey done by rating agency Care, around 90 per cent of the new car sales in the utility auto mobile segment are in the diesel variant, it is further growing in the passenger car segment also. The difference between diesel and petrol prices is a vital factor leading to the growth of the diesel car segment.
The report also revealed that the government will not decontrol diesel prices completely in short term due to the increase in the cost of this primary transportation fuel which will result in stoke inflation.
Hyundai Motor India Limited (HMIL) has announced its association with one of the biggest sports extravaganza of the season – ICC Cricket World Cup. India’s second largest carmaker is the official car partner for the ICC Cricket World Cup 2011.
Hyundai is the country’s largest exporter and it will now be the official car partner for the International Cricket Council (ICC) from 2011 to 2015. The carmaker will have exclusive category rights as well.
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