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Home » Posts tagged with "Indian auto market"

Indian auto market to brace itself for car price hikes between 3% to 6% after 2012 budget: Diesel vehicles to be more expensive

The 2012 budget session is certainly bordering around uncertainty but there's some indication of the changes to come. What's looming overhead is an increase diesel vehicles excise duty, and the hike may be applicable to petrol cars too. However, there is no clarity just as yet what the proposed hike percentage will stand at. The one aspect that could boost car sales in India is import duty reduction... 

Mercedes-Benz B class compact Sports Tourer for Indian auto market at a price below Rs. 25 lakhs: Hatchback in a new avatar

Globally, the Mercedes-Benz B-Class has been a regular feature on roads for a while now, and is best described as a larger A-Class vehicle that shares engine and suspension. Both vehicle variants are the only front wheel drive (FWD) cars from the star brand. The Mercedes-Benz Compact Sports Tourer was launched in the European and Canadian auto markets back in 2005. Plans to take the car to the US auto... 

Indian auto market growth relies on increased car sales: Who is responsible for vehicle related public health hazards

Indian auto industry growth has been commendable these last few years giving domestic and foreign carmakers a chance to post impressive sales growth, and make their presence count. While traffic situations are choc-a-bloc on most streets, and those behind the wheels are continually calling for better infrastructure, there is another price we're paying for this growth. Public health problems are raising... 

Indian auto market sales for current fiscal year maybe headed to a decline for the first time in a decade

Society of Indian Automobile Manufacturers (SIAM) is of the opinion that the auto market here is likely to embrace a fall in sales for the first time in a decade for this fiscal ending March 2012. While January 2011 posted 7.2 sales growth for the Indian auto market the numbers aren't adequate to compensate for sales decline in late 2011. November and December of 2011 too posted a sales growth after... 

Aston martin luxury car growth strategies for Indian auto market as explained by Lalit Choudary, MD of Infinity Cars

What are you growth strategies for 2012? We are currently focused on consolidating our presence in the Mumbai market. With time as the population of cars increase in other cities, one will consider establishing a presence. However, this will need to be done with full support of Aston Martin and needs to also reflect the evolution of the market locally. Any initiatives that you have in mind to help... 

Audi growth plans in Indian auto market sees major focus on the country until 2020

Globally, Audi sold 1.3 million cars in 2011. India contributed a mere 5,511 units. Despite numbers that don't suggest anything firsthand, the Indian auto market, alongside Brazil and Russia will be Audi's focus till 2020. China sold 3.13 lakh cars last year being a major contributor to their Asia-Pacific's sales numbers of 3.73 lakh units. Audi India Head, Michael Perschke had this to say. "India... 

Maruti Suzuki looks at increasing production and reducing waiting period on vehicle deliveries in 2012

While Maruti Suzuki has for long sold a range of petrol based cars, their focus on increasing their diesel car product portfolio doesn't go unnoticed. Shashank Srivastava, Chief General Manager of Marketing of Maruti had this to say. "We are struggling to reduce the waiting period for delivery of diesel based cars to customers, but it shows the faith of customers in our brand." Aiming at reduction... 

Mercedes Benz opposes higher excise duty on diesel cars in Indian auto market

Mercedes Benz has gone vocal with their opposition of higher excise duty on diesel cars in the immediate Budget. The German premium and luxury car maker views such a move as counter-productive to auto industry growth. Debashis Mitra, Mercedes-Benz India Director (Sales and Marketing) had this to say. "Such a move is uncalled for as diesel consumption by the auto segment is very small." "The government's... 

Ford EcoSport to be seen at Mumbai Malls: Sale in Indian auto market expected by year end

Ford EcoSport is on display at malls in the suburbs of Mumbai from the 20th to 27th January 2012. In Orbit in Vashi and Infinity at Malad will be platforms on which the new Ford Eco Sport will be displayed where Ford hopes to capture the attention of an eager lot of enthusiastic buyers who will get a chance to view this car from close quarters. Mr. J Mays, Design Chief at Ford has confirmed that though... 

Does the SUV have what it takes to overturn the popularity of a hathchback: India auto market 2012

In a developing country such as India, the SUV at one time was associated only with the rich but this impression isn't going to last long, with a number of companies planning to launch their new line of SUV's which are expected to fall into the 10 lakh category. These cars are in their own way designed to perfection and at the same time engineered to ensure low maintenance, and more importantly to... 
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