Tata Nano that hits 200kmph and costs $2,20,000
Every one of us likes Nano, at least for the design, but those who have driven it might have a different thought. Nano has a small engine and does the job assigned to it, but if you are a petro head and wants to zip at high speed, naaaa Nano is not the vehicle you should be driving. Is it? Well give a second thought again.
India’s ace designer Dilip Chhabria has announced plans to create a modified Nano that will have a top speed of 200kmph, that is almost twice that of the original. This increase in performance would nonly cost you a couple of thousand dollars, $ 220,000 Oops…
General Motors increases the price of its 4 models
Press Release:
"The increasing input cost has been the biggest concern for us for the last six months. After the commodity prices reached its bottom last year, all materials like steel, rubber and aluminum are rising now," GM India sales Director Sumit Sawhney told reporters after the launch of Chevrolet Beat.
Mahindra to roll out electric version of Maxximo LCV by October 2010
Mahindra plans to roll out electric version of the Maxximo LCV by October this year. The electric Maxximo will compete with soon to be launched electric Ace LCV from Tata Motors. Maxximo which is powered by a 2 cylinder diesel and has a payload capacity of 850kg, but the electric one will have slightly lower payload at around 600kg.
Maxximo LCV was recently launched at the Auto Expo 2010 at New Delhi. It is world first mini truck to be powered by a 2 cylinder CRDe engine with DOHC technology and 4 valves per cylinder. Maxximo combines best in class technology, unmatched performance, superior style and comfort. It is the first product to be rolled out from Mahindra’s state-of-the-art Chakan plant.
Press Release:
“Electric Maxximo will be as practical as any other commercial vehicle of its size. It has the capacity of going up to 90 kilometers per full charge of 8 hours,” said Pawan Goenka, president of the automotive division of Mahindra told ET Now, adding, “The savings will be high on this vehicle, but it will depend on the price per unit of electricity in different states,” said Goenka.
"The efficient movement of road freight plays an important role in the economic progress of a nation. Under the hub-and-spoke distribution model, the role of small goods carriers is also becoming important to ensure last-mile or end-point distribution of goods. The Maxximo has been developed with our winning mantra of customer centricity combined with modern, efficient technology to create the next generation mini-truck" said Anand Mahindra, vice-chairman & managing director, Mahindra Group.
Maxximo LCV was recently launched at the Auto Expo 2010 at New Delhi. It is world first mini truck to be powered by a 2 cylinder CRDe engine with DOHC technology and 4 valves per cylinder. Maxximo combines best in class technology, unmatched performance, superior style and comfort. It is the first product to be rolled out from Mahindra’s state-of-the-art Chakan plant.
Press Release:
“Electric Maxximo will be as practical as any other commercial vehicle of its size. It has the capacity of going up to 90 kilometers per full charge of 8 hours,” said Pawan Goenka, president of the automotive division of Mahindra told ET Now, adding, “The savings will be high on this vehicle, but it will depend on the price per unit of electricity in different states,” said Goenka.
"The efficient movement of road freight plays an important role in the economic progress of a nation. Under the hub-and-spoke distribution model, the role of small goods carriers is also becoming important to ensure last-mile or end-point distribution of goods. The Maxximo has been developed with our winning mantra of customer centricity combined with modern, efficient technology to create the next generation mini-truck" said Anand Mahindra, vice-chairman & managing director, Mahindra Group.
Toyota launches 'Toyota U-Trust' Program
Toyota Kirloskar Motor Ltd has launched ‘Toyota U Trust’ to facilitate sales, purchase and exchange of Toyota and non Toyota cars. Toyota U Trust’ aims at providing professional service to the customers who want to exchange their old car to a brand new Toyota. Customers can also trade in their old car for a used Toyota. Customers will be provided with a wide range of value added service including the finance options at ‘Toyota U Trust’.
The used car segment in the country continues to be largely unorganized and Toyota is entering the segment with the aim of ensuring that customers are offered the necessary choice, convenience and transparency in order to make an informed buy or sale. The customer has a choice of driving in with a car - both Toyota and non-Toyota to ‘Toyota U Trust’ and can choose a new Toyota or any used car available. ‘Toyota U Trust’ launched in Chennai and Bangalore, will be extended to metros and other cities gradually.
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