Friday, May 21, 2010

GM India showcase range of offerings at Hyderabad Auto Show 2010

The vehicles on display include GM India's latest offerings from the 300 series, Chevrolet Beat and Cruze and the extremely popular and much sought after, Chevrolet Captiva and Spark

General Motors India is showcasing its exciting range of offerings at the regional Auto Show in Hyderabad at Hitex Exhibition Centre from May 13 - 16, 2010. The vehicles on display include GM India's latest offerings from the 300 series, Chevrolet Beat and Cruze and the extremely popular and much sought after, Chevrolet Captiva and Spark. 
 
Speaking about the range of vehicles at display,P Balendran, Vice-President, General Motors India said, “The Auto Show in Hyderabad provides us with an ideal platform to exhibit GM India’s technological advancement and product offerings. This forum gives us an opportunity to engage with the valued consumers in this region and gain market insights into consumer trends and response, enabling us to serve them better. This region has tremendous market potential and is a key region for us.”
 
While Chevrolet Beat and Cruze have become the industry benchmarks in their respective segments and a winner among consumers in India, Chevrolet Spark is one of the most sought after mini car in its segment in terms of styling, performance, fuel efficiency, value for money proposition and other product attributes. The recent roll-out of 100,000th Chevy Spark clearly validates the unmatched popularity that it enjoys amongst the consumers.
 
Chevy Beat

With its best-in-segment design, performance and safety, the Beat is a car that is ideal for those with a modern lifestyle.  With the styling of a sporty hatchback, it showcases the new direction of Chevrolet design and a new trend in the design of mini-cars. The Beat comes with a new generation Smart-TEC II 1.2L engine delivering a class leading 80.5ps and an exceptionally high fuel efficiency of 18.6kmpl per ARAI tests. The Beat also offers some segment first luxury features like Automatic Climate Control and Tilt Steering. An integrated rear spoiler is also standard which adds style and also improves the aerodynamics of the car enabling better fuel efficiency.
 
Chevrolet Cruze

The Cruze is all about value, refinement and power-packed diesel performance combined with an array of unique features. And with the Automatic transmission option the Cruze offers everything any discerning Indian car buyer could want in a Sedan at a price point that represents uncontestable value for money. The Cruze has been receiving excellent market response since its launch in the last quarter of 2009.  The auto Journalists in India who had test driven the vehicle have rated it as the best in its segment for its unique product attributes. The Cruze has already won the following awards:
 
NDTV Car & Bike Viewers  Choice Car of the Year
Autocar Bloomberg UTV Best Saloon Car of the Year
ET Zigwheels Midsize Sedan of the year
Car & Bike NDTV Executive Car of the Year
BS Motoring Best Value for Money Car of the Year
 
Chevy Spark

Chevrolet Spark has been ruling the JD Power Asia Pacific IQS study for 3 years in a row for its top-notch quality features and its best-in-class fuel economy. These awards reiterate the fact that customers across the country trust the Chevrolet Spark for its multiple features, safety, fuel efficiency and value proposition. This entry level Hatchback provides unbeatable value through its modern, dynamic styling, unmatched fuel economy and class leading comfort and convenience. The Spark is one of the world’s most popular mini-cars and has recorded over 3 million loyal customers globally, attesting to its rising popularity amongst car lovers across a wide spectrum of countries worldwide.
 
Chevrolet Captiva

Since its launch, the Captiva has established a clear niche for itself and has emerged as a top contender in the premium SUV space. GM India has also launched a limited edition of Captiva called the Xtreme with state of the art design features like the electric Sunroof, sporty red & black two tone interior trim, black bezel headlamps, smoked lens tail lamps, etc.
http://www.indiainfoline.com/Markets/News/GM-India-showcase-range-of-offerings-at-Hyderabad-Auto-Show-2010/4839339351

 

 

Wednesday, May 5, 2010

Bajaj car to be world's cheapest

Bajaj's ultra-low cost car being manufactured jointly with Renault and Nissan promises to give hot chase to the Tata Nano. On Monday, Rajiv Bajaj (BAJAJAUTO.NS : 2101.05 0), MD, Bajaj Auto confirmed the $2,500 (Rs 1.1 lakh) price tag for the car, announced first by Renault chairman & CEO Carlos Ghosn at the company's shareholders' meet late last week. The Renault announcement comes a few days after it pulled out of its loss-making Logan venture with Mahindra & Mahindra.
The Bajaj car will be cheaper than the Nano, which comes at Rs 1.23 lakh-1.72 lakh (ex-showroom Delhi ). After the launch of Tata Nano, the race for the No.2 position in the ultra-low cost car segment is under way in India , which as emerged as the Mecca of this segment. However, other automakers' plans to enter this segment are still on the drawing board.
At Renault meeting, Ghosn said: "In India , Renault and Nissan are developing an ultra-low-cost vehicle with the Bajaj group, benefiting from its expertise in light vehicles and knowledge of the Indian market." He reiterated the affordability of the vehicle for the Indian market by citing the targeted low price tag.
"We are combining our strengths with Nissan, notably in India , Russia , Brazil and Mexico ," Ghosn said. "The alliance product strategy has been finalised in India and Russia , and Renault and Nissan will pool their production capacities and platforms there to fully deliver on these developments," he added.
The car was initially scheduled to hit the market this year, but has been postponed to 2012. Bajaj Auto displayed the prototype of the small car at the 2008 Auto Expo. However, the three partners were stuck at various levels of branding and engineering the car till last year. According to industry observers, the project also got delayed as partners were stuck on pricing issues as well. While Renault wanted a low-cost car, Bajaj was keen on a car that would sport high mileage and low maintenance.
It was during his India visit that Ghosn finally announced the finalisation of the project. "As per the agreement, the design, engineering, sourcing and manufacturing will be handled by Bajaj Auto, while marketing and selling will be (done) by Renault-Nissan Alliance," he said. But he had declined to comment on the pricing of the car.
Officials from the alliance have said the car will be smaller than Maruti Suzuki's Alto, which is the biggest selling model in India .
In March, Collin Dodge, executive vice-president, Nissan Motor had said: "It is over two years that Bajaj is trying to produce the car. The physics of it is very difficult. We have not yet found a solution as there are a lot of engineering solutions required." Nissan is also in talks with Hinduja group company Ashok Leyland (ASHOKLEY.NS : 62.2 +1.25) to develop a small car for the global market that could be priced around $4,500-5,000.
"We have a formal agreement with Ashok Leyland for making light commercial vehicles in India . In addition, we also use Ashok Leyland's engineering services for various purposes. At the moment, we are talking to them and many other partners in China , Indonesia ...for a price centric vehicle," Nissan Motor Co executive vice-president Collin Dodge had said at the Geneva Motor Show in March.
http://in.biz.yahoo.com/100503/50/baviql.html