Auto Index on the which trailed the benchmark index in 2007 is suffering from higher interest rates. Will the auto stock continue to suffer or will it revive its glory in 2008. Here’s guide to help you to pick the good and reject the bad. Hindustan Times conducted a survey to find out stocks to …
Category Archives: Automobile
Tata’s one lakh car heads Geneva
The much expected Rs 1 lakh car (may be named as ‘jeh’) will be finally out at the 2008 Delhi auto expo. We hear this news atleast 100 times a day, but what’s more exciting is Tata is building a variant car that would meet U.S. or European specifications Tata Motors plans to display the …
Audi to produce A4 in india
Following BMW and Mercedes, Audi has started production of its mid-size sedan A6 at its Aurangabad facility in Maharashtra which means the model will become cheaper by Rs 1.4-2.1 lakh. Currently A6 is brought to India through CBU(Completely Build Unit) route which attract more than 110% import duties and tax which pushes the price of …
Mahindra scorpio and Bolero prices hiked
Following Maruti Suzuki,Hyundai and General Motors, Mahindra and Mahindra raised prices of its models including scorpio and Bolero in the range of Rs 1,000-10,000. However, Mahindra Renault Logan is left out of the purview of the price rise. “We have increased the prices across all models, except Logan, from January 1. The price hike has …
Mahindra Bolero Limited Edition
Mahindra and Mahindra Ltd on Wednesday launched a special edition of its sports utility vehicle Bolero here. Mahindra and Mahindra will sell only 1,000 units of this edition in the country. Vivek Nayer, vice-president, marketing, Mahindra and Mahindra, launched the edition by presenting the keys of a special edition Bolero to cricketer Robin Uthappa. “2007 …
India cuts duties on cars, bikes from South Asia
Goverment of India has cut customs duties on cars and bikes from South Asian countries to conform with a regional trade pact. The reductions on more than 120 items came into effect from Jan. 1, the Central Board of Excise and Customs said in a notification. The duty on cars and motorcycles imported as completely …
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Maruti Suzuki’s dezire to replace esteem
Dezire to replace esteem: Maruti Suzuki India has drawn curtains to one of its most successful models on Indian roads – Maruti Esteem. Maruti which started a scheduled plant shutdown for maintenance and will resume production on January 2. But no esteem will be produced in the new year. Esteem will pave for the Maruti …
Harley Davidson set for indian drive
American cult bike brand Harley Davidson may finally hit the Indian roads. Harley Davidson had expressed its intention to enter the Indian market in 2005. However, due to the differences it had with the Government on import duty of its bikes, it had put its plans on hold. In 2007, under a new quid pro …
Tata to retire after Rs 1 lakh car launch
Ratan Tata would like to retire from active business life after his dream project — the Rs one-lakh car — is launched successfully. “In an ideal world, after the small car has been launched and is successful, that would be a nice time for me to exit,” Tata told the ‘Financial Times’ newspaper. Tata Motors, …
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Chevrolet to launch new spark and U-VA
Suddenly, safety is making news in Indian automotive Industry. Tata Motors recently launched indica V2 turbo DLX with dual airbags and ABS. Now, its General Motors turn soon it will come up with a new variant of spark and aveo U-VA. Spark which is currently available in five variants will get a new SE variant …