Harley Davidson Sportster Review

Harley Davidson Sportster

Harley-Davidson Sportster is the longest continually produces motorcycles in the HD lineup. Harley Sportster XL first, with 55 cubic inch, four-stroke engine and four-speed transmission, introduced in 1957. He replaces K Flathead Harley motorcycle and was built in response to Japanese and British bikes are flooding the U.S. market at the time.

The next year, HD Sportster XLH introduced with higher compression and larger valves. This initiated the Sportster evolution that has seen many performance upgrades over the years while maintaining Styling, Sporty same signature. Until 2007, the Sportster is easily recognized by peanut fuel tank signature. In the same year, Harley-Davidson Electronic Sequential Port received HD Fuel Injection, the last of the line of Harley to switch equipped with a carburetor.

The Harley-Davidson Sportster is available with two different engine sizes, Sportster Sportster 883 or 1200, and each model has three variations, low, custom, or by treatment of iron blackened Nightster 883 or 1200. Sportster Motor Company is powered by a rubber-mounted 883cc or 1200cc Evolution V-Twin engine mounted in a frame, narrow nimble. With a low sticker price and easy handling characteristics, the Sportster is often used by motorcyclists entry level and is the gateway to the ownership of the Harley-Davidson motorcycle.

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2010 Kawasaki Vulcan 900 Review

If you love driving, and you love riding over high-revving fast and furious crotch rockets, you will find something great in the simplicity of the 2010 Kawasaki Vulcan 900 line-up. All areas of interest are: for those who love the traditional-style motorcycles, Classic is a great choice for those who live on the highway and need a motorcycle that reflects those feelings, Classic LT Bill fits nicely, for those who love an aggressive style, big wheels and a deep guttural sound, custom is the king.

Regardless of which one you choose, ride and experience tells the same story.

My Love Affair with the 2010 Kawasaki Vulcan 900 ...

... he failed relationship, a broken tonight, and with tears streaming down my face. My bike was a place of solitude, and it was a recent acquisition to it. I remember Looking back at my first ride with regret, as I felt the experience tainted by the circumstances that surrounded that fateful night.

I feel differently now. This motorcycle has brought some properties with me, I never fathomed when I bought it: courage, pride, and most of all, joy. Horseback riding this bike is like your first kiss: first turn the gas down, hurry, no other intoxication can never match.

His aggressive style is associated with a 903cc V-Twin, which provides plenty of go-juice, while the bike itself remains intimate and sensitive. These slender and round like this, you will have a round hole and forgives you. It's the best relationship you'll ever have, and all it will ever ask in return is that you show some love every moment.

Reasons why you love the Vulcan too

If the line is beautiful and tasteful accents Chrome is not enough for you, the sound of twin pipes bellow acceleration can be the finishing touch. If this is not your forte, maybe it's more relaxed maintenance schedule, lightweight design, comfort and driver and front passenger positions.

For most, I suspect it will be absolutely dynamic motorcycle brings to the table. It feels safe and secure from the moment you hop on, and every time you see the tunnel you are blipping gas to hear the sweet symphony that sings, I dare you try to resist the temptation.

Finally, it is in cycling, it really shines. As beautiful as it is to look at, it is even more beautiful to the pilot. At the end, this is what motorcycling is all about: enjoying the world around you much more intimate than a car (and expensive sports car) would never allow. If this is not a sufficient reason, hop on one and take him for a ride, you'll find your own reason to fall in love with a Vulcan.

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Volkswagen Vento to launch on July 6th

Volkswagen India, an Indian subsidiary of Germany based auto giant, will launch its much awaited sedan Volkswagen Vento in the country on 6th of July. The company has already revealed the sketch of this car in the Indian market. The Vento is basically an entry level sedan which will be developed on the platform of company's recently launched hatchback Volkswagen Polo in India. The car is expected to carry a price tag of Rs 9 to 10 lakh.




Vento, has been designed, keeping into consideration, the expectations and requirements of the Indian buyers. It is being manufactured at company's Chakan plant near Pune. Volkswagen Vento is all set to give a hard competition to its contemporaries in the segment such as, the best selling Maruti Swift Dzire, recently launched Hyundai Verna Transform, Honda City and Fiat Linea.

In a recent statement Mr. Neeraj Garg, Volkswagen's Director, passenger cars said that the launch of Vento would be a milestone for the brand in India. He also added that the car has been designed keeping the Indian customers and their preferences in mind.

The company will launch this model in both diesel and petrol versions, which gives it an extra edge over cars like Honda City which are available only in petrol version in India. Keeping in line with other available cars of this segment, the company is expected to roll-out this car in both automatic and manual transmissions.

The company hasn't disclosed the exact price and specification details of this car in India till now. Currently, Volkswagen enjoys a decent portfolio in India that comprises of Passat, Jetta, Touareg, New Beetle, Phaeton and the latest Polo hatchback.

Source:- Volkswagen Vento to launch on July 6th - New Cars

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Tata Motors ties-up with IndusInd Bank for dealer financing

IndusInd Bank Ltd. and Tata Motors have entered into an agreement, where IndusInd Bank will provide channel finance facilities to Tata Motors ’ dealers.

The dealers of Tata Motors will now have access to ready upstream finance from IndusInd Bank to meet their working capital requirements in addition to the existing retail finance arrangements. IndusInd ranks in the top retail financiers for Tata motors commercial vehicle segment today. This tie up is a part of the strategic focus of IndusInd Bank in developing the supply chain business.




Mr. R. Ramakrishnan Vice President (Sales & Marketing, Commercial Vehicle Business Unit, Tata Motors Limited) said, “Tata Motors Commercial vehicle has a good share of business in the retail asset funding through IndusInd Bank and going forward, we want to leverage this tie up to garner even more business in the retail loan segment. We would also like to provide our Channel partners with the inventory funding from IndusInd Bank at reasonable and competitive rates. We are sure that our growing network will drive the tie up to achieve the aspirational growth targets.”

Mr Suhail Chander, Head Corporate & Commercial Bank, IndusInd Bank said, “We, at IndusInd, are already amongst the largest Retail Financier of Commercial vehicles in the country. A Channel Finance facility to the dealers is a natural corollary to this business. By introducing technology, we aim to create value in this partnership between the Dealer, Tata Motors & IndusInd Bank.”

Mr. Ramesh Ganesan, Head Transaction Banking, IndusInd Bank said, “IndusInd Bank’s focus is to expand the scope of client relationships by adding value to partners of our clients. There is an increased need for financing in this fast growing sector. We propose to deliver this product through a technological platform enabling integration with the manufacturer and the dealers, thus speeding up credit delivery at a reduced cost supported by widespread branch network.”

Source:- Tata Motors ties-up with IndusInd Bank for dealer financing - New Cars

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Sales of diesel-run cars to slowdown in coming months

The sales figures of diesel variants of popular cars in India, which have been showing an upward trend until recently, is expected to witness a decrease in coming month as the govt has decided to hike the price of fuel in the country. The major contributor to this expected decrease in the demand for diesel run cars is the narrowing down gap between petrol and diesel prices, due to which many prospective buyers of diesel variants are now moving towards petrol versions. While exactly four years back in June 2006, the gap between petrol and diesel price was around Rs 15 in national capital, the current difference between both of these fuels is only Rs 11.56.

According to Mr Ankush Arora, vice-president (sales & marketing), General Motors India, if the price of diesel moves up again and comes further closer to petrol, there would certainly be a shift in buying behavior as people would prefer to opt more for petrol vehicles. He was speaking to a leading business news daily in India, Mr Arora added that the shift could be immediate in small cars where monthly fuel bills is an important factor in purchasing decisions.




In the last few years, the demand for diesel run cars has been increased by a considerably good margin. At present, the diesel run cars accounts for the 30-35% of the total sales of the country, as against an estimated figure of 20-25% in the year 2007.

However, the diesel variants of popular cars in India like Maruti Swift, Skoda Fabia, Ford Fiesta and Maruti Swift Dzire are still attracting a higher number of buyers as compare to their petrol counterparts. While on the contrary, the petrol versions of recently rolled-out new cars in the Indian market like Ford Figo, Volkswagen Polo, Hyundai i20 and Maruti Ritz are giving a neck to neck fight to their diesel counterparts.

Source:- Sales of diesel-run cars to slowdown in coming months - New Cars

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Maruti, GM, Bajaj gear-up for another car price hike in India

The auto biggies in India are gearing-up for another round of price hike in the country in a bid to level the mounting pressure from rising cost of input materials such as steel and tyres. The auto makers like General Motors, Maruti Suzuki, Tata Motors, Toyota Kirloskar, Ashok Leyland and Bajaj Auto are mulling over to increase the price of their respective vehicles in India.

We should mention here that this is the fourth time in the year 2010 when car prices are going to be increased in the Indian market. The industry, first witnessed the price hike in January due to the increasing raw material cost, following another increase in price in March and April due to an increase of 2% in the excise duty and implementation of new BS-IV emission norms, respectively.




The price of raw materials like steel and rubber has increased sharply in India in the last few months. As most of the car makers source steel from foreign markets, its price surges with the weakening currency. During the period of April-May 2010, the price of steel and rubber has increased by more than 20 to 25% due to whooping demand and increase in the rate of coking coal.

According to Mr Mayank Pareek, Maruti Suzuki India's Managing Executive Officer (Marketing and Sales), the raw material prices are increasing day-by-day and which is pressurizing the margins of the company, He added that the company is in the process of finalizing its contracts with its suppliers and any decision on the price increase will be taken after that.

General Motors India has already indicated that it is planning to increase the price of its cars in India by 2 to 3 percent from the 1st of July. The company will be increasing prices across all eight models, by 2-3 per cent to offset rising input costs, said company's vice-president Balendran.

Source:- Maruti, GM, Bajaj gear-up for another car price hike in India - New Cars

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Fiat to launch a new small car in India by 2012

Italy based leading car-maker Fiat Motors is planning to launch a small car in India by the end of year 2012. The new small car has specially been developed for the emerging markets like India that is home to a large number of middle class buyers. The new India bound car will be placed in the small hatchback segment where it will compete with popular small cars in the country like Maruti Alto and Hyundai Santro Xing.




Mr Rajeev Kapor, MD, Fiat India, said in a interview, given to a leading news daily, that it will be an all-new car, nothing to do with any of company's other models and will be priced aggressively. The new car will compete with the Alto and will have a one-litre engine. He added that the Uno brand has become rather generic in nature and the company is still figuring out a new brand name for the car.

The new car will be manufactured in India, taking into consideration, the terrain and temperatures of the country. The company's R&D department is working hard to develop a small car that fulfills the requirements of the Indian buyers. The launch of this prospective small car can be seen as a part of company's plans to increase its customers base in India in the long run. With the launch of this car, the Italian auto giant looks to grab a significant market share in the small car segment which is currently dominated by country's top two car makers Maruti and Hyundai. Fiat India currently has a market share of 1.5 percent in the Indian market. The company aims to sell 40,000 units of its cars in year 2010.

In last few months, many major auto makers have launched their compact cars in India, that include Chevrolet Beat, Ford Figo and Volkswagen Polo.

Source:- Fiat to launch a new small car in India by 2012 - New Cars

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Yamaha plans to make India premium motorcycles hub

India Yamaha Motors, the country's leading premium motorcycles manufacturer, is planning to make India as a global hub for the premium motorcycles. The Indian arm of Yamaha Motors has already two manufacturing plants in the country, which are in Noida and Surajpur. The company wants to utilize the facilities to the maximum output to get a level in order to manufacture bikes for the export markets.yamaha bikes launches new bikes in india recently.

Yamaha Motor is currently exporting their product line-up that includes Crux, G5, Alba, Enticer, Gladiator Type SS, FZ-16 and the YZF-R15. The all new India made motorcycles are exported to countries like Bangladesh, Indonesia, Colombia, Sri Lanka, Philippines and Kenya. India Yamaha Motor has supplied 66,904 bikes to Yamaha's global operation in the previous year (2009/10). In India, it has contributed of 38,639 units of motorcycles in the same year. The company had posted a 73 percent growth in exports market in the last fiscal year and can expect that the demand of bikes will increase in this current financial year. After the launching of its flagship YZF-R15 and FZ-16 motorcycles in the Indian auto market since 2008, the company's sales ratio have been continuously on the rise and is also getting an excellent response from the exports market. On the other hand, Yamaha Motor is also planning to increase the range of their productivity by the new launches in India that includes Yamaha SZ, Yamaha YZF R125 and Yamaha BWs (premium scooter).

Source:- Yamaha plans to make India premium motorcycles hub - Bikes in India

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Bajaj-KTM 125cc bike may hit Indian roads by 2011

Bajaj Auto India Limited, India's second largest two-wheeler maker, may introduce the new world-class premium bike jointly with KTM Power Sports AG in India in the next financial year (2011-12). Besides, Bajaj-KTM has been jointly developing the new 125cc machines for India. According to some news sources, the new Bajaj-KTM 125cc motorcycle will first be launched in Europe and then available in the Indian auto market. It will be developed at the Bajaj's Chakan plant in Pune. S. Sridhar, CEO of Bajaj Auto said, "The new premium bike will be available in the market under the KTM brand and would be priced at more than 100,000 rupees.




The all new Bajaj-KTM 125cc will be represented as India's first premium motorcycle which comes loaded with impressive power and advanced technology like liquid cooling, dual discs, a monoshock suspension and power output of 15 bhp from its 125cc engine. The company is reported to develop a range of motorcycles displacing 125cc to 350cc engine capacity bikes in India. The bike will be introduced as CKD units for lowering the tax issues. Meanwhile, Suzuki Motorcycles has expanded its superbikes range by launching two new massive superbikes in India including Suzuk Gsx-R1000 and Suzuki Bandit 1250S. Apart from that launch, Indian scooters and bikes lovers will see more launches in India that includes Yamaha Sz, TVS Neo, TVS MAX , TVS Apache 220 and TVS Streak Hybrid.

Source:- Bajaj-KTM 125cc bike may hit Indian roads by 2011 - Bikes in India

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Tata Motors to cut debt by raising Rs 4,700 crore

Tata Motors, one of the largest car maker in the Indian market, has decided to raise Rs 4,700 crore through the medium of equity, convertible bonds, debentures and warrants to reduce debt and fund expansion. For the process of fund raising the company will seek the approval from its shareholders.

At the Board Meeting of the Company held on Monday, the Board, inter alia, decided to seek Shareholders’ approval through a Postal Ballot for raising funds equivalent to about Rs.4,700 crores through a combination of issue of Ordinary Shares, ‘A’ Ordinary Shares, Convertible Bonds, Debentures, Warrants or other equity linked instruments in the domestic and/or international markets in one or more tranches.




The major chunk of this debt was utilized in financing the acquisition of brands Jaguar and Land Rover (JLR) in year 2008. At that time the company had taken a short term loan of $3-billion, which was used in financing the acquisition as well as in meeting the requirement of its working capital. The company had sold some of its GDRs and convertible notes to repay the debt taken at the time of purchase of JLR.

The company has reduced its debt to equity ration to 2.05 as against the ratio of 4 in March 2009, and it aims to further decrease this debt-equity ratio to 1 by year 2012. Tata Motors had a net debt of about Rs 18,800 crore by the end of the last fiscal. The company plans to meet its capital expenditure need of around 2,500 crore by cash flows.

Source:- Tata Motors to cut debt by raising Rs 4,700 crore - New Cars

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Demand for petrol run cars surges-up

The Indian automobile industry, which has been going through a robust growth phase since the starting of year 2010, is struggling to meet-up with the sudden increase in the demand for petrol run cars. Interestingly, the news came at a time when auto-biggies in the country are mulling the option of launching the diesel versions of their popular cars so that they can pace-up with mounting demand backlog.

The sale of petrol variant is surging though the diesel run cars still sell more in sheer numbers, as per a statement given by Mr Shashank Srivastava, Maruti’s chief general manager (marketing), to a leading business news daily. Mr Srivastava added that petrol run variants forms around 37% percent of the total sales of the Maruti Swift models in the Indian market which has increase by 5% percent as compare to the last years sales.




However, the diesel variants of popular cars in India like Maruti Swift, Skoda Fabia, Ford Fiesta and Maruti Swift Dzire are still attracting a higher number of buyers as compare to their petrol counterparts. While conversely, the petrol versions of comparatively new cars in the Indian market like Ford Figo, Volkswagen Polo, Hyundai i20 and Maruti Ritz are providing a neck to neck fight to their diesel counterparts.

According to market analysts, as the gap between petrol and diesel prices has been narrowed-down in last few months, many prospective buyers of diesel variants are now moving towards petrol versions. While exactly four years back in June 2006, the gap between petrol and diesel price was around Rs 15 in national capital, the current difference between both of these fuels is only Rs 11.56. difference.

Source:- Demand for petrol run cars surges-up - New Cars

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Custom HONDA CBR900RR

Custom HONDA CBR900RR

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Car exports to jump by over 15% in FY10-11

The total vehicle exports from India is expected to jump by up to 15 percent in the fiscal year 2010-11, as announced by the government on Monday. Mr Ambuj Sharma, the Joint Secretary in the Department of Heavy Industry, told to a leading media agency that country may see a 10-15 per cent increase in auto exports over and above the last fiscal year's export.

The Society of Indian automobile manufacturers (SIAM) stated that total export form the country was 18,04,619 units in the FY 09-10 as against the 15,30,594 units sold the fiscal year 2008-09, accounted for a sales increase of 17.90 percent.




Mr Sharma added that as the most of the European nations are growing, and this will certainly increase the level of consumer spending which in turn will boost the demand for cars in the region.

In last financial year, while auto-biggies around the world struggling to register a single digit growth, the Indian automobile industry reported a sales growth of whooping 33.23 per cent over the same period of preceding year. The major contributor to this growth was the scrappage scheme launched in many of the European countries in which govt.'s offered an exciting incentive scheme to buyers who were planning to purchase new vehicles in exchange of their old car.

Source:- Car exports to jump by over 15% in FY10-11 - New Cars

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Mercedes India forays into used car business

Mercedes Benz India, the largest car luxury car maker in the Indian market, has entered the used car business with the launch of its new company certified pre-owned car outlet in the country. The move of starting a used car business here can be seen as a part of company's long term expansion plans.

The company would sold these used-cars through its authorized dealerships in India. Comprehensive evaluation and refurbishment criteria, scientific tools for audit and inspection as well as manufacturer-backed warranty go into the making of a certified proven exclusivity vehicle. The dream of owning a Mercedes-Benz thus becomes even more achievable, said Mr Wilfried Aulbur, MD and CEO of Mercedes-Benz India. He added that Now the company is bringing this to India to make the dream of many customers to own a Mercedes Benz even more achievable.




Mr Aulbur further elaborated that through the launch of new pre-owned car outlet customers can now own a Mercedes Benz for as low as Rs 15-18 lakh as against Rs 26-28 lakh for a brand new, entry-level C Class model.

There is a significant potential for the Mercedes Used cars in the Indian market as the company has now been operating in the country for more then 15 years. Mercedes Benz India has sold more than 30,000 cars in the country's auto-market till now. With this, the company is also planning to foray in to the business of car finance, in a bid to boost-up its sales asit is looks to compete aggressively against is rivals in the Indian market including BMW and Audi.

Source:- Mercedes India forays into used car business - New Cars

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Tata Nano Superdrive concludes its journey

The Tata Nano Superdrive caravan, which travelled a distance of 15,000 km, touching 36 cities across India, today concluded its 26-day voyage in Mumbai. The cars were flagged in by Mr. Ratan N. Tata, Chairman, Tata Sons & Tata Motors, in the presence of Tata Motors’ senior management.

The Tata Nano Superdrive, comprising 9 Tata Nanos, each festooned with a theme, had started from Sanand on June 2 to celebrate the inauguration of the plant. The cars travelled across India on three different routes. Each route was christened after our tri-coloured national flag namely ‘Saffron Route’, ‘White Route’ and ‘Green Route’, keeping with the theme of the country-wide drive.




Driving across the Saffron route, covering north India, the cars visited Udaipur, Jaipur, Hisar, Amritsar, Chandigarh, Delhi, Meerut, Agra, Lucknow, Kanpur, Gwalior, Kota. On the White route, the cars traveled from central to east India, visiting Indore, Bhopal, Nagpur, Raipur, Ranchi, Patna, Kolkata, Bhubneshwar, Vishakhapatnam,
Hyderabad, Aurangabad. The Green route saw cars cover west and south India, visiting cities like Surat, Mumbai, Pune, Goa, Mangalore, Kochi, Coimbatore, Chennai, Bangalore, Kolhapur, Solapur, Nashik and Ahmedabad.

The Superdrive branded Nanos were absolute traffic-stoppers as they visited prominent landmarks in every city. Citizens at these landmarks greeted the people’s car with immense excitement. Prospective customers were given an opportunity to drive them and enjoy the cars in the real world. At malls, shoppers were given an up-close
experience with the car and its unique features. To celebrate the car’s first year, Tata Motors also organised a celebration ceremony for Nano owners in every city.

Source:- Tata Nano Superdrive concludes its journey - New Cars

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2010 Supersport Kawasaki Motorcycles Ninja ZX-14

Sports Motorcycles Kawasaki Ninja ZX-14 2010

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Fast Motorcycles Kawasaki Ninja ZX-14 2010

2010 Kawasaki Ninja ZX-14

A special piston profile and a urethane insulation sheet on the inside of the magnesium chain In lieu of a more-restrictive exhaust system, the ZX-14 meets noise standards by producing minimal internal mechanical noise. These devices, combined with a wide dispersal of atomized fuel from the fine-atomizing fuel injectors and optimized flow characteristics through the intakes, allow the ZX-14’s 1352cc engine to offer strong performance, yet still meet the toughest motorcycle emissions regulations. Secondary air ports in the cylinder head and its cover flow clean air into the exhaust system and boost the efficiency of the three honeycomb catalyzers employed in the exhaust system. Intake and exhaust systems permit it to comply with strict emissions and noise regulations, even as its massive low-end torque, mid-range thrust and legendary Ninja peak power place it at the top of the sportbike food chain. Despite ever-tightening noise and emissions regulations; the ZX-14 has continued to set the pace of sportbike excellence ever since its domineering debut. The ZX-14’s systems are designed to allow riders to exploit the full potential of man and machine, while effortlessly dispatching all challengers. Its monocoque chassis and wind-tunnel developed body represent the cutting edge of sportbike design. It may not cost a million dollars or have a V-12 engine, but the ZX-14’s 1352cc fuel-injected inline-four is the closest thing on two wheels. The mission of Kawasaki’s flagship Ninja ZX-14 is not unlike that of an exotic supercar — to project the awesome power and technology of its parent company in rapid fashion, every time the throttle is twisted.

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Icon Motorcycle Jackets

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Icon Motorcycle Jackets

Icon jackets are durable, stylish and, most of all, Apart from these, Icon's line of jackets is the most sought after in the market and is the major target for copyright infringement. Among the Icon products that are being misappropriated by unscrupulous groups are helmets, gloves, pants, bags, armor, accessories and footwear. The increasing demand for Icon merchandise creates pockets of opportunity for fakes to proliferate, particularly in areas where authorized retailers of Icon originals are not within practical reach. It is human tendency to imitate success in the hopes of garnering even just a portion of their benefits. However, this is still a comparatively small distribution channel for a growing population keen on high-quality products. Dealership of Icon's wares spans 24 countries in all 6 populated continents of the planet. Imitating Icon's success Icon Motosports' products are truly world-class. Known for its passion for innovation, representatives of Icon Motosports has expressed a stern warning to its copycat competitors that the company will protect their proprietary assets diligently. The Portland-based motorcycle wear enterprise recently won settlements against two companies known to have violated Icon's intellectual property rights. This prompted Icon Motosports to take action against entities infringing on their proprietary rights. The flagship line of Icon Motosports' jackets has reached (pardon the pun) iconic status worldwide that, in no time at all, Icon leather jacket forgeries have become rampant. Quality, popularity and a legendary commitment for safety are the primary traits that firmly place Icon Motosports jackets at the top of its class among celebrated apparel brands.

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Modifications Kawasaki Ninja 250 Touring Bags and Boxes

Modifications Kawasaki ninja 250 touring bags and boxes

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Mercedes-Benz launches Proven Exclusivity

Mercedes-Benz today launched its global pre-owned car business for India: “Proven Exclusivity”. This program utilizes specific global benchmarks for vehicle evaluation, quality and warranty to offer Mercedes-Benz certified pre-owned cars to Aulbur, Managing Director, and CEO of Mercedes-Benz India elaborated: “Comprehensive evaluation and refurbishment criteria, scientific tools for audit and inspection as well as manufacturer backed warranty go into the making of a certified ‘Proven Exclusivity’ vehicle. The dream of owning a Mercedes-Benz thus becomes even more achievable.




At the same time customers can also drive in their existing vehicles and drive out with their new Mercedes-Benz cars by utilizing the trade-in route under ‘Proven Exclusivity’”. The pre-owned cars will be offered for sale through the authorized Mercedes-Benz dealerships where the customer will receive additional support in areas such as financing, documentation and delivery. Mercedes-Benz Pre-owned cars program has been in existence since 2009 and operates across 35 countries presently. Mercedes-Benz as a brand and a company has enjoyed a very strong equity in the market.

Its legendary build, quality and reliability as well as engineering and craftsmanship guarantees a favourable residual value and strong demand in the pre-owned car market. At the same time, for over 15 years with its presence in India, the company sold approx 30,000 vehicles thereby creating a significant potential for the Mercedes-Benz pre-owned car market in India. The pre-owned car market in India is estimated at approx 10-15% of current new car sales in 2010 and estimated to substantially grow for the next couple of years.

Source:- Mercedes-Benz launches Proven Exclusivity - New Cars

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Tata Motors to raise long term capital funds

The Board Meeting of the Company held today, the Board, inter alia, decided to seek Shareholders’ approval through a Postal Ballot for raising funds equivalent to about Rs.4,700 crores through a combination of issue of Ordinary Shares, ‘A’ Ordinary Shares, Convertible Bonds, Debentures, Warrants or other equity linked instruments in the domestic and/or international markets in one or more tranches.


The above fund raising proposals will be for meeting the Company’s growth plans as well as for reducing the debt on its balance sheet.




The timing and structure of the issues will be decided depending upon market conditions post Shareholders’ and other approvals.

The Board also considered appropriate to seek Shareholders’ approval for raising the limits for borrowings and for creation of security on the Company’s properties from Rs.20,000 crores to Rs.30,000 crores.

Source:- Tata Motors to raise long term capital funds - New Cars

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Magneti Marelli aims high for Indian market

Magneti Marelli, a Fiat group owned auto-component maker is aiming to enhance its revenue to Rs 2,000 crore by year 2015, through its Indian operations. The company is expecting that the Indian auto market will grow faster as compared to its counterparts around the world.

India will continue to grow higher than the global markets. Company's target is to increase Indian sales to 5 per cent of the total expected global sales of 7 billion euro (about Rs 40,000 crore) by 2015, as per a statement given by company's Chief Executive Officer (After-market Parts & Services) Dino Maggioni to a leading news agency. He added that, by that time, India will be just behind the company's Chinese operations, which is expected to contribute 6-7 per cent of its total sales.




Mr Maggioni added that the Indian operations contributed about Rs 230 crore to the company's total revenue from the global market which stood at Rs 25,600 crore, last year. According to him, India is a very strategic market for the Italian firm and it expects to double its sales in the country by year 2010. He further elaborated that the company is very strong in Europe and Latin America, which is the reason why it has plants there. In India the company works in a joint venture model with other partners and it is good for the country. He added that the firm doesn't have any plan to set up its own unit here.

The Italian auto-component giant currently has seven production facilities in India which includes its joint venture facilities with major Indian auto makers like Maruti Suzuki, Tata Motors and Sumi Motherson Group. The company deals in both manufacturing specific and after-market auto components .

Source:- Magneti Marelli aims high for Indian market - New Cars

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Hyundai likely to price its 800cc small car @ Rs 1.6 lakh

Hyundai Motors India Ltd., (HMIL), one of the largest car makers in the country which is developing a compact-car for the Indian market, is speculated to be priced at Rs 1.6 lakh, as revealed by some media reports on Friday. The new small car is currently under development at the company's R&D center at Hyderabad where it's engineers are working in tandem with their South Korean counterparts.

The new Hyundai baby is expected to come, powered with a 800 CC engine and will compete against India's best-selling car Maruti Alto after it is launched in the country. The company will showcase this car at the upcoming International Auto Expo in India in the year 2012 , where it is expected to attract a large number of car enthusiasts and visitors.




The car will be developed on a completely new platform though some designing cues could be borrowed from Hyundai's popular small hatchback Santro Xing. Besides this, the company is also reviewing the relaunch of the Elantra in the country which will be subject to the growth in the market size of the premium segment, as per a statement given by Mr Y K Koo, Senior Director of the company. However, the timeline of the launch of this vehicle in the Indian market is yet to be revealed by the the South Korean auto giant.

Hyundai India is aiming to achieve the sales mark of 600,000 units in the calender year 2010 as against the 5.6 lakh units sold in the same period, last year. HMIL's market share was 20.6 percent in the year 2009 and it will go up by 0.1 percent this year, said Mr Hyundai Motors India Limited managing director and chief executive H.W. Park. He said so at the launching ceremony of the new Hyundai Verna Transform in India.

Source:- Hyundai likely to price its 800cc small car @ Rs 1.6 lakh - New Cars

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Fuel efficiency to play a major role in car sales in India

The Indian auto market, which is home to a large number of middle class buyers is also one of the most cost and mileage sensitive auto-markets in the world. The major auto makers around the world have been mulling over launching their low cost fuel efficient cars in the Indian market, so that they can capitalize on this high growth potential that exists here. Now, as the price of petrol has increased to a considerably high level in the last few years, the high mileage cars are definitely going to be among the first choices of the buyers.




The Tata Nano, which was launched in the Indian market in March 2009, has set a benchmark for major auto makers around the world to develop low-cost compact cars for the emerging markets like India and China with incredibly high fuel efficiency. The upcoming ultra low cost car in the country from the Nissan-Renault-BajaJ Joint Venture, which claims to offer a mileage of 30 km/l, can be seen as another trend setter in this direction.

Besides this, the diesel run cars, which are way more fuel efficient than their petrol counterparts, have been emerging as another preferred option for the buyers. Cars like Ford Figo and Volkswagen Polo, the new entrants in the compact car segment, have been launched in both diesel and petrol versions in the country so that no stone is left unturned in attracting the maximum possible buyers.

Source:- Fuel efficiency to play a major role in car sales in India - New Cars

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Mahindra Logan to be launched in a new avatar by 2012

India's largest utility vehicle (UV) maker Mahindra & Mahindra is planning to launch its Logan sedan in a completely new avatar by the end of the year 2012. The new variant will have a length of less than four meters which will enable it to qualify for a lesser excise duty segment. Mr Rajesh Jejurikar, chief executive (automotive division) of the company said in a statement given to a leading news daily that company is planning to launch a restyled Logan within the next 18 months.




Mahindra Logan was launched in India in the year 2007 as a Joint Venture between Mahindra and Renault. But due to some differences related to the pricing and designing of this car, both the companies parted ways in April this year. Since its launch in 2007, the Logan Sedan has been struggling to make its mark in the segment following the drooping sales figures over the years.

With the sales dipping to mere 5332 units in the last fiscal, Mahindra has been planning to reduce the size of the car so that it could qualify in the small car segment and the company would be able to tape down on excise duties. The company has recently announced a discount of Rs 80,000 on the Mahindra Logan, in a bid to boost its continuously decreasing sales figures in India.

Source:- Mahindra Logan to be launched in a new avatar by 2012 - New Cars

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