Tata Motors has announced that they are all set to launch their Nano small car in Bangladesh.
This launch was originally planned for October last year but there were some delays.
The company said that they would export around 2000 units initially and see how good the response is for this model.
Tata Nano is expected to cost around USD 6000 in the US market though it would depend upon custom duty and local taxes.
The company is also planning to establish a local assembly unit if the launch is successful and the demand is high enough to warrant it.
Chery Automobile has announced the launch of a new car brand named Qoros.
This is in partnership with Israel Corp.
Qoros would develop models for both Chinese and international markets. The company said that they are aiming to develop products that would meet the stringent 2013 Euro auto safety standards.
Chery said that they decided to create a brand new entity that can work independently so that there are no legacy issues.
Qoros aims to start with a sedan model that would be launched in China in 2013. Future plans include hatchbacks, SUVs and even electric cars.
Chevrolet Spark EV would launch in 2013
General Motors has announced that they are aiming to launch an electric edition of their small car Chevrolet Spark in 2013.
It would be sold in USA and some other markets.
The system is expected to be based on what they are currently using in their Chevrolet Volt model.
GM is also planning to launch the petrol edition of Chevrolet Spark in the US market next year. It is already sold in other countries including India.
Electric cars are becoming popular all over the world though hybrids are still a more suitable purchase in most markets as it allows the user to switch to a conventional fuel.
Mahindra Verito Executive limited edition launched
Indian automaker Mahindra has launched a limited edition model of their Verito sedan model.
They have named this model Verito Executive and it comes with improved exteriors and interiors.
The company said: “The launch of the Verito Executive Edition will add a more premium status quotient to the sedan. Together with the propositions of space and mileage which Verito is already known for, this new edition will provide premium interior and exterior features to our customers. All this out for itself on Indian roads”.
Both petrol and diesel editions are available. Pricing:
Mahindra Verito Executive Diesel BS3 Rs 6.94 lakhs
Mahindra Verito Executive Diesel BS4 Rs 7.09 lakhs
Mahindra Verito Executive Petrol BS3 Rs 5.95 lakhs
Mahindra Verito Executive Petrol BS4 Rs 5.99 lakhs
Mahindra is offering this special edition model in two unique colors: Pearl White and Walnut Brown.
Toyota to start exporting cars from their Indian plants soon
Toyota India has announced that they are all set to start exporting cars from their Indian plant.
The company aims to start with their Etios sedan which would be exported to the South African market early next year.
Toyota said that the export units would be specifically catered to the targeted markets.
They are also aiming to enhance their production capacity in India from 160000 units per year to 310000 units per year in the next two years.
Hyundai Eon bookings start from tomorrow
Hyundai India is all set to start accepting bookings for their brand new small car Eon from tomorrow.
Hyundai Eon is now the cheapest offering from the company in India as it is priced below Santro.
It is going to compete against the bestselling model in the Indian market Maruti Suzuki Alto.
The pricing starts at around Rs. 2.5 lakhs and it is powered with an 800cc engine.
Hyundai plans to offer an automatic version of this model too for the niche audience who prefer that option.
The company spoke about EON: “Hyundai is committed to offer products with advanced technology to the Indian market. All our products confirm to global quality standards. We are confident that the Eon will set a new benchmark in the Indian market with regard to styling, performance, safety and convenience. The car will provide the best-in-class design, quality and technology to our customers.”
Honda Brio launched in India at prices starting at Rs. 3.95 lakhs
Honda has finally launched their small car in the Indian market.
Honda Brio is going on sale at prices starting at Rs. 3.95 lakhs.
The top end model would cost as much as Rs. 5.1 lakhs.
The company spoke about this new model: “With Brio, we will be entering a new segment for the first time in India. It has been designed and developed specially to meet the needs of customers here.”
Honda is continuing with their petrol engine only policy for India which has been resulting in major challenges for them here.
This new model is only available in a 1.2 liter petrol engine option.
Hyundai Santa Fe gets an automatic variant in India
Hyundai India has launched a new variant of their Santa Fe sports utility vehicle.
This new variant features an automatic transmission which is gaining popularity in the Indian market.
The company said: “The Santa Fe launched last year has been extremely well received; the new offering with automatic transmission further improves our value proposition. The addition of features as push button start and smart key ensure convenience with one-touch operation. The new supervision cluster enhances clarity of the instrument panel.”
Hyundai is loaded this automatic edition with a six-speed automatic gearbox. This model is powered with the same 2.2 liter diesel engine capable of delivering 197 ps and has a rated fuel efficiency of 11.7 kmpl. It is priced at around Rs. 24.36 lakhs.
Skoda MissionL launching in India later this year!
Skoda has announced that they would launch their newly introduced model MissionL in the Indian market before the end of the year!
India is likely to get this new model before their other markets in Europe in addition to Russia and China.
The company said: “The MissionL will be launched in Europe, Russia and China in 2012, and the customers in India will see it arrive in the market even earlier, before the end of 2011. This new compact model and the new products to follow are a guarantee of accomplishing our goal to increase global annual sales to 1.5 million by 2018. We are going to present a new car approximately every six months.”
Honda Jazz is now priced at Rs. 5.5 upwards
Honda has cut the price of their Jazz hatchback massively. The base model is now priced at around Rs. 5.5 lakhs.
This makes Jazz a worthy challenger to all the premium segment hatchbacks like Maruti Suzuki Swift, Hyundai i20, Nissan Micra, Volkswagen Polo, Fiat Punto, Toyota Etios Liva and Skoda Fabia.
The company spoke about their decision to cut the price of Jazz by around Rs. 1.5 lakhs: “The new Jazz, with an attractive pricing, will surely appeal to customers. With better sourcing and economies of scale for Jazz from higher production, we would be able to garner larger chunk of sales in the premium hatchback segment.”
Honda has one major disadvantage with Jazz… It is only available in petrol variant. But it is much bigger than most of the other alternatives in the market which makes it a good choice for someone looking for a big hatch.