Maruti to christen new Omni as Eco

You read it first at vicky.in

Maruti Suzuki which is developing the new Omni might christen it as “Eco” (hope i heard it right, its not ‘Echo’) . Reliable sources told us the Eco is production ready and will be out soon. We already reported you that Maruti is developing the new Omni (Eco) under the codename O2 on the Versa platform and is planing to phase out the Versa. Versa’s dwindling sales and need for Bharat IV compliant of Omni, paved way for the Eco project.

Eco will be priced competitively and it could be India’s first sub Rs 5 lakh MPV. Eco will be a cheap alternative to MUVs like Innova and Xylo.

Nissan

Nissan’s compact car, scheduled for manufacture in five countries
including India, is made available by the company with the production to start in May 2010.
This follows the suit of Ford Motor coming out with its small car Figo to be manufactured in
Chennai. There will be three variants of this model in hatchback and sedan range with one
Multi-purpose Vehicle. All these cars will be simultaneously designed in five units of the
world- one at Oragadam in Chennai, one each in China and Thailand and the remaining two to
be finalised. With this move, Nissan proposes to launch one million vehicles(25% of the
current annual sale), with the Indian plant shipping out 110,000 units from the Indian
platform from 2011 to be further increased to 180000 units to 100 more countries. India will
be made the global sourcing hub for its components. 60% of these components getting into
these three cars will be interchangeable making Nissan as the tough competitor in terms of
components.

Nissan’s compact car, scheduled for manufacture in five countries including India, is made available by the company with the production to start in May 2010. This follows the suit of Ford Motor coming out with its small car Figo to be manufactured in Chennai. There will be three variants of this model in hatchback and sedan range with one Multi-purpose Vehicle.

nissan_micra_1

All these cars will be simultaneously designed in five units of the world- one at Oragadam in Chennai, one each in China and Thailand and the remaining two to be finalised. With this move, Nissan proposes to launch one million vehicles(25% of the current annual sale), with the Indian plant shipping out 110,000 units from the Indian platform from 2011 to be further increased to 180000 units to 100 more countries. India will be made the global sourcing hub for its components. 60% of these components getting into these three cars will be interchangeable making Nissan as the tough competitor in terms of components.

nissan_micra_2

Maruti plans India

Maruti Udyog Limited in association with Suzuki has swept the car industry in India for the past 25 years. In this moment of achievement, the company is making plans to introduce dual –fuel engine combining the petrol and CNG. If the move materializes, the vehicle owners will be blessed with a saving up to three-fourth in their regular fuel cost. When the R&D launches such an engine, it will have the efficiency of multi-point fuel injection technology in CNG mode by wiping out the loss of power and will add efficiency of retro-fitted CNG engines. The current CNG engines supply the fuel in single flow sacrificing the multi-point being of the engine. The new variant will give the driver a better pick-up and savings in terms of fuel.
The new technology works on the process- the gas gets injected into the engine through multiple points for better exploitation of fuel. The gas injectors will be in direct contact with the engine by spraying the CNG enabling higher pick up and reduced consumption. Maruti’s new engines will give better performance than the new generation petrol cars throwing away the doubts of slow start and less performance. The current practice of fitting the CNG kits is done externally after the dispatch from the factory. The cars which get such fixtures include Maruti Alto, Hyundai Santro, Hyundai Accent and Toyota Innova. Further advantage of the new breed will be decrease in emission due to improved burning of fuel. Hence the engines will meet the norms of Bharat Standard IV. However, the only disadvantage is the extra pricing due to the import of injectors. Maruti’s move is the outcome of its feedback received against the hybrid and electric cars for their high cost.
Hyundai recently had to throw away its Civic cars at a discounted price as the Indian customers were not willing to pay the extra price incurred. The condition with the Bangalore based electric vehicles company Reva Electricals could muster the sale of only a few hundred units because of the flaws in charging the vehicles. Thus, Maruti is ensuring the consistent supply of CNG by negotiating with RIL and Gail to go in for  installation of pipeline networks. In future, CNG will become the most affordable and feasible fuel in the country, as the government has already made steps in this regard with CNG supply network of 202 cities in another few years. This will cover almost 50% of the vehicles operated in the country. CNG is at present available in chosen cities –Delhi, Mumbai, Surat, Agra, Kanpur, Lucknow and Ahmedabad.Maruti Udyog Limited in association with Suzuki has swept the car industry in India for the past 25 years. In this moment of achievement, the company is making plans to introduce dual –fuel engine combining the petrol and CNG. If the move materializes, the vehicle owners will be blessed with a saving up to three-fourth in their regular fuel cost. When the R&D launches such an engine, it will have the efficiency of multi-point fuel injection technology in CNG mode by wiping out the loss of power and will add efficiency of retro-fitted CNG engines. The current CNG engines supply the fuel in single flow sacrificing the multi-point being of the engine. The new variant will give the driver a better pick-up and savings in terms of fuel.

The new technology works on the process- the gas gets injected into the engine through multiple points for better exploitation of fuel. The gas injectors will be in direct contact with the engine by spraying the CNG enabling higher pick up and reduced consumption. Maruti’s new engines will give better performance than the new generation petrol cars throwing away the doubts of slow start and less performance. The current practice of fitting the CNG kits is done externally after the dispatch from the factory. The cars which get such fixtures include Maruti Alto, Hyundai Santro, Hyundai Accent and Toyota Innova. Further advantage of the new breed will be decrease in emission due to improved burning of fuel. Hence the engines will meet the norms of Bharat Standard IV. However, the only disadvantage is the extra pricing due to the import of injectors. Maruti’s move is the outcome of its feedback received against the hybrid and electric cars for their high cost.

Hyundai Honda recently had to throw away its Civic cars at a discounted price as the Indian customers were not willing to pay the extra price incurred. The condition with the Bangalore based electric vehicles company Reva Electricals could muster the sale of only a few hundred units because of the flaws in charging the vehicles. Thus, Maruti is ensuring the consistent supply of CNG by negotiating with RIL and Gail to go in for  installation of pipeline networks. In future, CNG will become the most affordable and feasible fuel in the country, as the government has already made steps in this regard with CNG supply network of 202 cities in another few years. This will cover almost 50% of the vehicles operated in the country. CNG is at present available in chosen cities –Delhi, Mumbai, Surat, Agra, Kanpur, Lucknow and Ahmedabad.

Mahindra & Mahindra to merge the engine units

The Indian car company Mahindra & Mahindra is on the verge of merging its two engine units into one in a bid to enhance revenue. The unlisted Powerol and the liste Swaraj are the two subsidiaries of M&M engaged in manufacturing engines. The new enterprise will be headed by the MD of Swaraj Motors and the revenue is expected to be Rs1000 crore per year. Mahindra has a share of 35% in Swaraj engines and its style of business is fragmenting into various companies with diverse fields. This merger too will be a boon to Mahindra and the net result will see the further growth of tractor business overtaking the US concern John Deere. Mahindra gets engines from Powerol while Swaraj delivers for the brand status, in spite of both the companies having different business-real estate, finace, leisure and software- in different name styles. There are two options arriving  out of this merger- M&M may merge Powerol with Swaraj to stake higher claims in terms of profit , or Swaraj may just supply its engines to Mahindra and pay the dividends to the shareholders including Kirloskar Oil Engines(owning 17% in Swaraj).the outcome of the discussion will be on the basis of profit available accounting the sales tax. As of now no word from Kirloskar Oil
Engines has come. In all Swaraj Engines procured a sale of Rs208 crore by March 2009 with the net profit of Rs21.2 crore. With this the share price of Swaraj Engines saw the upward index of 12% with an aggregate 18% in September. The stock price has been Rs351.10 on the last day of September 2009.

The Indian car company Mahindra & Mahindra is on the verge of merging its two engine units into one in a bid to enhance revenue. The unlisted Powerol and the liste Swaraj are the two subsidiaries of M&M engaged in manufacturing engines. The new enterprise will be headed by the MD of Swaraj Motors and the revenue is expected to be Rs1000 crore per year. Mahindra has a share of 35% in Swaraj engines and its style of business is fragmenting into various companies with diverse fields. This merger too will be a boon to Mahindra and the net result will see the further growth of tractor business overtaking the US concern John Deere. Mahindra gets engines from Powerol while Swaraj delivers for the brand status, in spite of both the companies having different business-real estate, finance, leisure and software- in different name styles.

There are two options arriving  out of this merger- M&M may merge Powerol with Swaraj to stake higher claims in terms of profit , or Swaraj may just supply its engines to Mahindra and pay the dividends to the shareholders including Kirloskar Oil Engines(owning 17% in Swaraj).the outcome of the discussion will be on the basis of profit available accounting the sales tax. As of now no word from Kirloskar Oil Engines has come. In all Swaraj Engines procured a sale of Rs208 crore by March 2009 with the net profit of Rs21.2 crore. With this the share price of Swaraj Engines saw the upward index of 12% with an aggregate 18% in September. The stock price has been Rs351.10 on the last day of September 2009.

Bajaj to launch Ninja on October 7th

Forget our past reports, now comes the official date for the launch of Kawasaki Ninja. Bajaj will launch the Ninja 250cc on October 7th probably in Pune. The launch of Ninja by Bajaj is expected to open the floodgates of affordable superbikes for Indian customers. Stay tuned for updates till now visit the teaser website

http://www.bajajauto.com/probiking/index.html

ninja

Tata to launch Manza on October 14

Tata Motors will launch the Manza soon. Manza? the name of new Indigo. We all know Tata is developing the new Indigo on the same platform of Indica Vista. Tata has christened the new indigo as Manza and it will be launched on October 14th. Manza will be unveiled by Mr. Ratan Tata in Mumbai. Manza will come with two engine options sourced from Fiat – the Safire petrol and multijet diesel. The 1.4L petrol will develop 95PS of max power and 1.3L multijet will pump out 90Ps of max power. Similar to other tata cars, the manza will come with spacious cabin and class leading features. It will have centrally mounted instrument panel like in the Indica vista. Steering mounted audio controls,alloy wheels and projector headlamps would make the manza a comfortable car. Tata Manza will compete against the Swift Dzire and Renault Logan

Nissan plans to drive in nine models to India by 2012

By the year 2012, Nissan would run as many as nine models in India, said the company. Of these five will be local assembled by which the company plans to capitalize 5% share of the market. The company has already made a tie-up with the French car maker Renault by which an investment of Rs4500 crore has been made to increase the production from the current 700 to 3000 by 2012. The company is running its show in India with just two models – X-Trail and Teana and is on the verge of making three more models in 2009. Nissan has sensed the market potential of India- a possible 3 million units by 2014 (the current potential is 1.2 million units).

Nissan’s aim is to grab the same 5% share which it possesses in the global market. For this the dealership too will be increased to 55 by 2012(from the current 11). Renault Nissan Automotive India Pvt Ltd is a joint venture between Renault and Nissan for the production in Chennai unit. The JV is to enhance the employee power to 3000 by 2012, of which the first 1500 will assemble in May 2010, when the production starts(from the current 700). With this expansion the Chennai unit will be able to deliver 4 lakh units per year with the full operation of the unit. The major feature of this production will be 85% of localized components.

A finite fate of Nissan

The Japanese car giant, Nissan has made its mind to introduce its Infiniti in India. The car spells the luxuries in full measures along with passionate driving specifications. The car is a tough competitor to the ones of Mercedes, BMW, Porsche, Audi and Accura. The exclusive business unit for this Infiniti takes much care for the Indian market, which is, according to the company’s MD &CEO, the best potential one. India will be one along with other markets of Taiwan, South Korea, Russia, Ukraine, China and Western Europe; the brand already gained popularity in the US and Canada.

Since the products will be wholly imported, the price will be on the higher side thanks to 100% duty. The ranges of Infiniti includes- sedans, coupes, convertibles, SUVs, SUV Coupes, all in the price range of $33,250 – $56,050 in the US market. All these vehicles carry the propelled engines of 3.6lit, V6, 328-bhp to 5.6lit, V8, 320-bhp. Nissan follows suit as the top auto manufacturers of the world have poured in their products in the Indian market for luxury car segment. The cars of this segment include- BMW X6 and the M series, Mercedes new C class, E class and S class, the AMG series, Audi R8, the Porsche ranges, Land Rover and Jaguar.

However the volume of business is yet to pick up with a just double-digit sales growth only as of now. Nissan believes that the launch of this Infiniti will boost its image in the domestic market and get rid of its identity crisis. Only two models are there for Nissan in India – X-Trail and Teana- both imported. The company has plans to launch its indigenous brand(made from its Chennai unit in another nine months) in addition to two more brands in the SUV range- convertible 370Z and a premium SUV Murano.

source: Business – Standard

Porsche to launch Panamera on October 6th

The most expensive German sedan model Panamera, @Rs2 crore (because of exorbitant import duty) will make its debut in India next week. The car was launched in the Shanghai International Auto Show in this April. The 4-door luxury coupe has the front engine and rear wheel drive with four-wheel option, able to run at a speed of 303 km/hr with an acceleration of 100km in just 4.2 seconds.

Panamera also is to have multi-engine choices – S, 4S and the turbo power variants. The car has the regular, front passenger and curtain airbags and in addition has the knee airbags for safety. Panamera juxtaposes the legendary two-seater sports cars in the lines of Carerra 911, Cayman, Boxter and Cayenne all of which are in the Indian market.

The importer for this luxury car in India is Precision Cars India, who has already received 13 bookings amidst its aim of 50 cars in this fiscal. The importer company’s MD is full of optimism about the people’s craze for sporty car with latest looks.

Renault-Nissan JV to start commercial production by May 2010

The effect of the Joint venture between Nissan and Renault is to be made from May 2010 with the official production. The Chennai unit, at Oragadam, will commence the commercial production with the already invested Rs4500 crore and the MoU made with the Government of Tamilnadu.

This production will enable the company to increase the capacity to 4 million units a year with nine models and among them will be of export range to the neighbour countries. Same will be the case with the China unit. The production will have 85% localized components of which 50% from Tamilnadu itself. In parallel the manpower too will be increased from the current 700 to 3000 by 2012 and some of the key employees are on the training at Nissan’s UK and Japan plants.