Wednesday, March 28, 2012

Chevrolet MPV (Multi Purpose Vehicle) Enjoy Launch by 2012 End in India

Chennai: US car maker General Motors has lined up a slew of new launches by year-end, including Multi- Purpose Vehicle 'Enjoy', a top company official has said.

General Motors India President and Managing Director Lowell C Paddock said 'Enjoy' would be the first product from their tie-up with Shanghai Automotive Industry Corporation (SAIC), China.

"We are exclusively announcing the MPV's name in Chennai. It is Enjoy. We will be introducing it by end of this year. It will be the first product from this tie-up," he told reporters after unveiling the Bharat Stage IV version of SUV Tavera Neo.The car manufacturer had showcased the MPV concept and its hatchback -- Sail -- at Auto Expo 2012 at Delhi earlier this year.

Noting that the vehicle would be manufactured from its Halol plant and engines from Talegoan facility, GM India Vice President (Corporate Affairs) P Balendran said, the company would also introduce its hatchback "Sail" by July."We will be introducing Sail in the Indian market by June or July," he said, adding, this product would also be under their association with SAIC.

He declined to reveal the prices, saying it would be announced during launch. Sail is likely to be priced between Rs 3 lakh and Rs 5 lakh range under the premium hatchback segment, competing with Ford's Figo and Maruti's Swift.

On their plan to foray into the Light Commercial Vehicle segment, Paddock said they are evaluating the options. 'We are working on our LCV plans. Right now, the focus is on sales for this year', he said.

On the market remaining sluggish, Balendran hoped it would improve in the second half of this financial year.'See why the market was dull because interest rates are high. RBI hiked the rates 13 times. Second, fuel prices also went high and negative market sentiment is prevailing. About 85 per cent of our vehicles sold are financed. We hope the market will improve in the second half of this year,' he said.

He also hoped that with inflation coming down in the recent past, the RBI would cut the interest rates.Balendran said in 2011 the company sold 1,11,510 units, a marginal increase from 1,10,710 units sold in 2010.He said GM had sold 1.50 lakh units of Tavera since its launch and hoped it would consolidate their position in the Multi-Utility Vehicle segment.

To a question on whether the present Bharat Stage three version would be phased out, he said it would continue to be sold alongside the Bharat Stage four version. The vehicle price ranges from Rs 7.51 lakh (ex-showroom New Delhi) to Rs 10.34 lakh (ex-showroom New Delhi).

General Motors India currently retails Captiva, Cruze, Tavera, Optra, Aveo U-VA, Spark and Beat. It has invested over Rs 5,000 crore in INdia so far and employs about 4,500 people. It has two manufacturing facilities in Halol in Gujarat and Talegoan in Maharashtra.

Source: PTI

Friday, March 23, 2012

Sports Car Audi TT Launched in India at Price Rs 48.36 Lakh

Audi unveils its sports car Audi TT in India and it will be go on sale from June 2012. The new Sports Car Audi TT will be priced at around Rs. 48.36 Lakh (ex-showroom) in India.

Sports Car Audi TT Coupe India
Audi TT Interior

Michael Perschke, Audi India Head was quoted as saying, "We are already a major player in the premium sports segment and I am confident that the introduction of the Audi TT will further help us consolidate our leadership position in the sports car segment in the country."

Audi plans to sell over 50 units of the Audi TT Coupe in the next year.

Sports Car Audi TT Coupe India
Audi TT Exterior

Recently Audi India has raised the car prices India up to 14% due to hike in excise and custom duties in Budget 2012. In February 2012, the company's sales in India increased by 33.33% to 600 units from 450 units in the same month last year.

Wednesday, March 21, 2012

2012 Audi TT Coupe Facelift to Launch in India in March 2012

Facelifted Audi TT 2012 is going to launch in India in March 2012. Audi TT Coupe launch date is been 23rd March. Audi TT Coupe was launched globally back in 2007 and was replaced in 2011 with facelift. The car will be all new model with stylish look. 2012 Audi TT will come with newly added parts like new front end, bumper, headlamps, grille, fog lamps with LED day time running lights for added visual effects.

2012 Audi TT Coupe Facelift
Audi TT is available globally with numerous engine options like 1.8-litre TFSI petrol to 3.2-litre petrol, with either front-wheel-drive or Quattro. Audi TT is also the one sports car available with diesel engine (2.0-litre TDI) and all of the above engines are mated to either six-speed manual or automatic DSG gearbox.

New Audi TT price could be around 50 lakhs Rs in India. Lets see what will it be on 23rd March.

Hyundai Sonata Becomes Sponsor of Ambassadors Cup Polo Tournament

The Hyundai Sonata Ambassadors Cup concluded at the Jaipur Polo Ground in the capital today. Chief of Army Staff General VK Singh was the chief guest on the occasion of the final match.

Hyundai Motor India Ltd's (HMIL) association with polo is yet another expression of its commitment to promoting sports in India. Globally Hyundai is associated with many sports; it has tie-ups with top tournaments in football and cricket. The keenly contested tournament spread over four days had six teams vying for the top honors.

Commenting on the polo tournament, Mr. Arvind Saxena, Director, Marketing and Sales, HMIL said, "We are delighted to associate with the Indian Polo Association for the Hyundai Sonata Ambassadors Cup 2012. The Sonata is a premium offering from Hyundai, tie-up with the Indian Polo Association that promotes a fine sport like polo provides a great match for both the Sonata and polo."

Giving company to the impressive Sonata at the venue was the luxury SUV Santa Fe and segment leader Verna. Also present were the international three-door Veloster and the yet-to-be-launched Elantra in the executive segment.

Besides the Hyundai Sonata team the five other teams that competed in the tournament were Jindal Steel and Power, Vayamtech, Hyatt Regency, Black Dog and Sahgal Stud/APRC. The final match on a Sunday afternoon drew a large number of polo enthusiasts to the venue. The impressive tunes from the army band stationed at the grounds lent an air of grandeur to the event.

Like HMIL's recent cars the Sonata too is crafted on the principles of ‘Fluidic Sculpture', where contrasting surfaces create a sense of constant motion. This sixth generation Sonata has interesting features like front and rear seat ventilation, front seat warmers, high intensity Xenon head lamps, cruise control, paddle shift, 10-way adjustable power seat with lumbar support and a 4-way power adjustable front co-driver seat.

The Sonata is equipped with 6 airbags, anti-lock braking system (ABS) with electronic brake force distribution (EBD), Electronic Stability Program (ESP), rear view camera and smart key with push button start apart from a host of features that enhances the driving experience like the VFD (Vacuum Fluorescent Display) cluster and a X-shaped centre fascia. The super-efficient 2.4 liter GDi petrol engine is mated to 6-speed manual and 6-speed automatic transmissions. GDi technology results in enhanced performance and fuel efficiency as the high pressure fuel is injected directly into the combustion chamber. The engineering excellence is extended to the suspensions by way of having hi-tech ASD (Amplitude Selective Damper) resulting into improved driving comfort.

Source: Hyundai Motor India Limited (HMIL)