Nissan cuts price of its products in India

Car maker Nissan Motor India on Thursday announced that it has reduced the prices of its products, the Teana sedan and the X-Trail sports utility vehicles by Rs 5,000. The prices of these model cars are reduced following the Budget’s proposal to reduce the excise duty on big cars.The price cut will be effective immediately.

The Union Budget, last week has proposed to reduce the additional excise duty on big cars with engine capacities of 2,000 cc and above by Rs 5,000 per unit. The positive direction taken by the government is a welcome one and most of the carmakers in India have decided to pass on the entire benefit to their customers.

Nissan would now offer its sports utility vehicle, the Nissan X-Trail Comfort with a price tag of Rs. 20,35,000 and the Nissan X-Trail Elegance with a price tag of Rs. 24,65,000. The luxury sedan Teana will come with a reduced price of Rs. 21,42,000. All prices mentioned here are ex-showroom Delhi.

Volvo’s XC90 comes with reduced cost

The Indian unit of Sweden’s luxury car maker Volvo Car India on Thursday said it has reduced the price of its flagship XC90 sport-utility vehicle by 7-8.5 per cent (about Rs 4 lakh) to boost sales.

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The new rates of the XC90 D5 is Rs 42.5 lakh, while the XC90 32 will be available for Rs 43.5 lakh and the XC90 V8 at Rs 49.5 lakh and this will be in effect from July 9.

India holds tremendous potential for Volvo brand and the company has decided to make use of the opportunities available. Volvo is also planing to provide the best possible services for the customers at the best value at the most competitive prices.

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To make the total number of dealerships in the country to seven, the company has announced opening of new dealerships at Pune and Chennai.

As the additional duty excise reduction was announced in the Budget on July 6, other car makers including Hindustan Motors, Ford India, Honda Siel Cars India and Hyundai Motor India recently announced price a cut of up to Rs 6,000 on some of their models.

Bajaj to launch Discover 100cc on July 27th

As you read it first at vicky.in few days back, Bajaj auto will launch the Discover 100cc soon. However contrary to 12th July, Discover 100cc will hit the market on 27th July.  “Our 100 cc ‘Discover’ will compete with Splendor and Passion,” Bajaj Auto two wheeler CEO, S Sridhar said. “We are launching this 100 cc bike with DTS-Si. This 100 cc bike will give a mileage of 80 km per litre and run for 100 km in a day,” he said. Bajaj will commence the production of this bike on July17th.

M&M plans to launch its pick-up trucks in the US

Utility and tractor major Mahindra & Mahindra is stepping up plans to launch diesel-powered pick-up trucks in the US.
The company has tied up with US’ biggest vehicle distributor Global Vehicles to sell the brand.

The company’s diesel-powered pick-ups had slow sales in South Africa, where they were launched in 2006. Compared to that, US is a mature market and the company wants to cash in on the opportunity created by the disinterest of global majors.

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By competitively pricing its products in the American market, M&M plans to launch the diesel-powered two-door and four-door pick-up trucks. The SUV will be based on the Scorpio platform, completely redesigned for the US according to the stringent emission norms and badged differently. As the US is a brand-conscious market and M&M is little-known there, the company will initially target the vehicles at the ‘green consumers, tractor customers and the Indian expatriates in the US’.

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Initially, the vehicles will land in the US as completely-knocked-down units. The company has a plan to make local assembling units when the sales go high.
M&M is yet to decide on the pricing, production targets and advertising spends for the US market.

Price cut on Hyundai Sonata Transform

Hyundai Motors India Limited on Wednesday said that it is offering a Rs 5,000 price cut on its iconic premium sedan Sonata Transform following the excise duty cut.

The government had proposed to reduce the additional excise duty on big cars with engine capacities of 2,000 cc and above by Rs 5,000 per unit in the Budget for 2009-10.

The Sonata Transform is a premium car with all the options and it had always catered to customers who looked for the ultimate luxury without having to pay exorbitantly for it. Following the price cut, the 2.4 litre Sonata Transform will now be available at Rs. 13,84,448 (ex-showroom, Delhi).

Hyundai’s price cut comes on the heels of similar cuts by other auto players including Hindustan Motors, Ford India and Honda Siel Cars India. As vicky.in already reported you, other auto makers like BMW, General Motors India and Toyota Kirloskar Motor have also said that they would pass on the benefits of the excise cut to customers.

Hero Honda new Karizma FI Pictures

Pictures of Hero Honda Karizma Fuel Injection (FI)

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Finally the much awaited Karizma FI might be here soon. As we reported to you earlier, new Karizma might come with Fuel Injection engine. The power rating are not known, but expect some good news from Hero Honda. Apart from the engine the new Karizma FI gets a full fairing, fairing mounted turn indicators, rear disc brake,clip-on handlebars and split grab rail. The new Karizma will also get exclusive colours and expect a modest price hike.

Pic Courtesy: Anonymous reader

Vicky TV: Weekly wrap up

Top 6 commercials

Yamaha Fazer advertisement

http://vicky.in/videos/yamaha-fazer-tv-commercial-touring-spirit/

Bajaj Pulsar 220cc commercial

http://vicky.in/videos/bajaj-pulsar-220cc-the-fastest-indian-tv-commercial/

TVS Apache RTR 180 commercial

http://vicky.in/videos/tvs-apache-rtr-180-cc-tv-commercial/

Maruti Suzuki Ritz ad

http://vicky.in/videos/maruti-suzuki-ritz-commercial/

Honda Jazz advertisement

http://vicky.in/videos/honda-jazz-why-so-serious-tv-commercial/

Fiat Grande Punto advertisement

http://vicky.in/videos/fiat-grande-punto-tv-commercial-with-yuvraj-singh/


Hyundai Shifts Part Of Production From Chennai

Hyundai Motor India Limited on Tuesday launched a diesel and an automatic variant of its premium compact hatchback, the i20. The 1.4-litre CRDi diesel variant is priced at Rs 6.2 lakh-Rs 7.2 lakh (ex-showroom Delhi). The automatic variant of 1.4 litre petrol starts at Rs 7.31 lakh and the top-end variant will cost Rs 7.72 lakh in Delhi. About 12,000 units of the 1.2-litre petrol i20 were sold by  Hyundai, whose starting price is Rs 4.8 lakh.

Being India’s largest car exporter, Hyundai Motor will shift part of the production of its i20 model to one of its facilities in Turkey, the Czech Republic or Slovakia to take production closer to its large overseas markets such as Germany, France, Italy and the UK. Hyundai i20 had been designed especially to meet the European cunsumers.

As vicky.in already reported you, HMIL is benefited mostly from its exports to Europe which continues to grow despite a slowdown in the sector. The company is receiving a huge number of export orders, mostly of i10 and i20 models. Hyundai, which uses India as an export base for its small cars, shipped 24,251 units to Europe. Hyundai India expects to sell around 5.8 lakh cars, out of which nearly 3 lakh cars will be exported including to some European countries. Logistics costs and import taxes add 10-15% to the price of cars exported from India.

While India will remain as the main production hub for the car and the European orders will be met from the new production facility. A nearly three-week-long strike by workers at Hyundai’s Chennai plant in April and May led to a 5% drop in production. Thus the company has decided to shift production of some models to other manufacturing sites, forcing the company to re-think on its export target.

The i20 hatchback is selling around 72,000 units since the car’s launch in December last year. About 60,000 of these were exported.

Honda reduces prices of Accord and CR-V

Honda Siel Cars India Ltd., leading manufacturer of premium cars in India today announced a reduction in the prices of its models – Accord and CR-V by Rs 5,000.

The prices have been revised following the lowering of specific excise duty by the Government on large cars of engine capacity of 2000cc and above from Rs 20,000 to Rs 15,000 announced in the Union Budget 2009 – 10. The new prices will be applicable with immediate effect.

Price Change Summary

Ex-showroom Delhi Price (in Rs.)

Model

Current

New

ACCORD

2.4 MT

1,772,000

1,767,000

2.4 AT

1,847,000

1,842,000

3.5 V6

2,480,000

2,475,000

CR-V

2.4 MT

2,292,000

2,287,000

2.4 AT

2,362,000

2,357,000