Latest Updates On Auto & Automobile News of India |
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| Ford India to launch small car on road by 2010 |
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Mumbai: Ford India is planning to introduce its small car on the road by 2010, reports said.
At present, about 300 prototypes of the small car are on the road for testing. The small car is likely to have a localisation of around 85 per cent from the start to production stage. The car predominantly designed for the Indian market will have petrol and diesel engine options.
Until now, Ford has invested around USD 900 million in India. This includes USD 500 million f... |
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| DHI proposes to set up National Automotive Design Institute |
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New Delhi: The Department of Heavy Industry (DHI) has proposed to set up of a National Automotive Design Institute (NADI) considering the country`s growing automobile sector and to enhance the sector`s competitiveness.
The automotive industry is often described as a sunrise industry. India`s auto sector has seen an overall average growth rate of approximately 15% over the last five years.
The country is ranked the world`s second-largest manufacturer of two-wheelers and ... |
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| Jaguar, Land Rover start rolling in India, courtesy Tata Motors |
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Mumbai: Tata Motors has introduced Land Rover, Jaguar in the Indian market. The entry level cost for the Range Rover and Jaguar is Rs 63 lakh.
The top end model of Range Rover will be priced at Rs 89 lakh. Both Jaguar and Range Rover will have one co-owned showroom each in Mumbai. Tata Motors is planning to expand to other cities based on response in Mumbai.
Jaguar-Land Rover may be open to giving a board seat or perhaps even an equity stake to the UK Government, in re... |
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| Tata Motors ties up with Bank of India |
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Tata Motors has signed an understanding with Bank of India to ensure consumer finance for Fiat cars, which are available through the Tata-Fiat dealer network.
According to a Tata Motors release, customers can get special interest rates for loans up to Rs 10 lakh of 9.75 per cent to 10.25 per cent for the Linea, Palio and soon-to-be launched Grande Punto.
Bank of India offers car loans up to 90 per cent of invoice, for loans up to Rs 10 lakh for tenure ranging up to 6 y... |
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| Honda Siel launches its Jazz in Kochi |
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Honda Siel Cars India has launched the Honda Jazz in Kochi on June 15. The car has safety features such as ABS (Anti-Lock Braking System) with EBD (Electronic Brake Force Distribution System), Dual SRS airbags and pre-tensioner seat belts.
Addressing on the occasion, Mr. Jnaneswar Sen, Vice-President (Marketing), stated that Honda Jazz is loaded with all the values associated with Honda- global design, drivability, fuel efficiency and safety. He said that the Jazz will cater to peo... |
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| Toyota introduces Land Cruiser in India |
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Auto major Toyota Kirloskar Motors (TKM) has introduced its eighth generation Land Cruiser sports utility vehicle (SUV) in the Indian market on Tuesday. It will be priced in the range of Rs 81.64 lakh and Rs 83.1 lakh, almost double the current price.
TKM is 89:11 joint venture between Japan`s Toyota Motor Corp and India`s Kirloskar group. The new SUV is equipped with four-wheel drive, the company said in a statement.
TKM Deputy Managing Director (marketing), Sandeep Si... |
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| Skoda Laura becomes most fuel efficient car in road test |
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The new Skoda Laura TDI diesel model has recorded the fastest and the most fuel efficient drive in the expedition. In a non-stop full loop of Delhi-Kolkata-Chennai-Mumbai-Delhi which is commonly nicknamed as the Golden Quadrilateral, a team of six members drove the car.
The team covered a distance of 5941km and completed the drive in 75 hours and 32 minutes with an average speed of 79 kmph. The average fuel efficiency recorded was 10.26 kmpl as the car consumed only 584.46 liters of... |
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| Honda targets multiple car owners for its newly launched Jazz car |
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Honda India is targeting multiple car owners for its newly launched high-end hatchback Jazz.
Recently, on the sidelines of the launch of the Jazz, Mr. Jnaneshwar Sen, Vice-President, Marketing, Honda Siel Cars India said, "We have a customer base of 3.5 lakh people. We mainly target these existing Honda car owners. About 70 per cent of them are multiple car users who would love to add Jazz to their fleet of cars. Jazz will appeal to the multiple car users as a lifestyle car."
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| GM India starts trial production of new mini car |
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General Motors India has started trial production of its new mini car, which is scheduled to be launched later this year.
Mr. Karl Slym, President and Managing Director of GM India said, "This mini car, being developed around the Beat hatchback, will be rolled in multiple fuel options in the second half of 2009. In fact, there is pressure from employees to roll this out early."
He elaborated, "The $1-billion investment we have made in India already has put us in a comfo... |
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| TVS to introduce Flame brand of motorcycles under new name |
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TVS Motors is reported to introduce its Flame brand of motorcycles under a new name, but the new SR125 will omit the controversial twin-spark plug technology over which company is locked in a two-year old legal battle with rival Bajaj Auto.
The apex court had issued an interim order on Monday allowing TVS to continue producing the Flame series but had restricted the company from marketing them.
According to reports, SR125 will hit the roads late this month along with a... |
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