Tata Nano new TV Commercial

     Tata Motors have come up with a touching TV commercial to boot the sales of Tata Nano

Peugeot Citroen to enter Indian Market

     French automobile manufacturer Peugeot Citroen is scouting to enter Indian Market by setting up facility in India. The company has already looked two sites in Chittor and Sitarampet both located in Andhra Pradesh. The company is in talks with the Andhra Govt. to provide incentives and also insist that the Govt. purchase their vehicles.

     Peugeot Citroen will invest around Rs 10,000 Crores in coming years. The company aims to create employment to over 10,000 people in India. 

Honda CB Twister named Indian Motorcycle of the Year(IMOTY) for 2010

     Honda CB Twister has been named as the Indian Motorcycle of the Year(IMOTY) for 2010 by a jury comprising of top journalists from various Indian automobile magazines. The jury incuded included Aspi Bhathena of Bike India, Pablo Chaterjee of BS Motoring, Girish Karkera and Debabrata Sarkar of Top Gear India, Vikrant Singh of Auto Bild besides Sirish Chandran and Shubhabrata Marmar of OVERDRIVE.

     CB Twister beat its nearest competitor Bajaj Pulsar 135 LS by mere 3 points. Other bikes in the contention were TVS Jive, Bajaj Discover150, Mahindra Stallio and TVS Max 4R.

Ford Figo named Indian Car of the Year (ICOTY) for 2010

     Ford Figo has been named as the Indian Car of the Year(ICOTY) for the year 2010. ICOTY is India’s prestigious award given by a jury consisting of top journalists of India’s best automobile magazines. Figo is followed closely by VW Vento with just difference of 26 points. The other cars in the contention were Chevrolet Beat, New Maruti Suzuki Wagon R, Nissan Micra, Skoda Yeti, Tata Aria and the VW Polo.

     The jury included Bob Rupani and Gautam Sen of Auto India, Aspi Bhathena of Car India, Srinivas Krishnan and Pablo Chaterji of BS Motoring, Girish Karkera and Sriram Satyanarayanan of BBC Top Gear India, Yogendra Pratap and Vikrant Singh of Auto Bild besides Sirish Chandran and Bertrand D’souza of OVERDRIVE.

Discounts offered by manufactures in India this December

• Maruti Suzuki is offering discounts ranging from Rs 20,000 on an Alto K10 to Rs 60,000 on an Estilo or an A-star to maximum value of Rs 40,000 on the SX4. The company is also offering exchange bonus up to Rs 25,000.

• Hyundai is offering a saving of 33,000 on Santro and Rs 40,000 new i10. It is also offering benefits worth Rs 45,000 on the Verna.

• General Motors has discounted the prices of Chevrolet Spark from Rs 3.22 lakh to Rs 2.73 lakh and for Beat from 3.53 lakh to 3.32 lakh.

• Ford is offering a huge discount of Rs 71,000 on the Fiesta. It also offering only 8 per cent rate of interest for Ford Endeavour and and Ford Figo

• Buy a Mahindra Xylo or a Scorpio before December and you can get a discount of Rs 50,000.

• Fiat is offering Rs 55,000 worth of benefits on the purchase of its Linea and Punto.

• Honda Siel is offering discounts on Jazz worth Rs 60,000

• Tata Motors is offering discounts on all models ranging from 50,000-100,000

• Volkswagen has issued a warning. It will raise Polo prices by 2.9% from January 2011. Current prices last only till December 31.

Source: Indianautosblog

Hero & Honda finally exit for the joint venture

     Hero Motors of India and Honda Motor Company of Japan has officially called off the joint venture in the Indian two wheeler segment. The JV dates back to 1984 in which Hero group held 26% shares, Honda held 26% shares and rest held with other partners. This JV saw a great success in Indian two wheeler segment by introducing the first 4 stroke motorcycles in India. Models such as CD100 and Splendor made a tremendous impact on the market, thanks to its great fuel efficiency.

     Honda will sell its 26% shares to the Hero Group. This makes the company to be wholly owned by Hero Group headed by Munjal family. A new licensing agreement will be signed in which the currently company will continue producing, selling and servicing its current products. The company’s brand name will be changed from Hero Honda to a new one.

December discounts on Chevrolet Spark and Beat

     Chevrolet is offering a great discount offer on its small cars Spark and Beat this month (December). After discount Chevrolet Spark price starts from Rs. 2.69 lakh and Beat price starts from Rs. 3.29 lakh (Both the prices ex-showroom New Delhi). Chevrolet is also offering three years or 1 lakh km warranty with free service maintenance for three years.