India’s second largest carmaker, Hyundai India has released a statement that the company has decided to increase the prices of its entire range from January, 2015. The company has faced the higher input costs and high cost of imports due to higher rupee depreciation, which it will be a high cost of sales as the reason of the price hike.According to Hyundai reports the prices of all Hyundai cars in India, which it will go up by around Rs. 5,000 to Rs. 25,000. The company is likely to hike price range depends upon the car models and if your are planning to buy a new Hyundai car in December, which it will be a right time to save huge money. Hyundai India Rakesh Srivastava, Sr Vice President, Sales and Marketing insists that the company has been engaging most of the costs but we are now tightened up to consider price increase over all car models in the range of Rs. 5,000 to Rs. 25,000, which it will be effective from Jan, 2015.
Germany Luxury car maker Audi India has been planning to launch its compact convertible, the sporty A3 Cabriolet, priced at Rs. 44.75 lakh (ex-showroom, New Delhi). Audi sporty A3 Cabriolet features open top four-seater has elegant design, powerful efficient engine, lightweight construction. Audi India Chief Joe King insists that the Audi A3 Cabriolet luxury car will be the first compact luxury convertible in India and it is yet another example of our customer-centric approach. Audi A3 Cabriolet is powered by 1.8 TFSI petrol engine (1798cc) with seven-speed S tronic transmission and has 180hp, which it has a top speed of 240kmph and can take up from 0-100kmph in 7.8 seconds. Joe King said it will be available in 17 colors. According to market experts, the Audi A3 car had priced a bit high compare to their other luxury cars, which it might not give good sales number to the company. In 2013, Audi India has sold out around 10,002 units in the country and become the first German luxury car maker to cross the 10,000-unit milestone. It also holds top position ahead of German rivals Mercedes (9,003 units) and BMW (7,327 units).
Tata-owned Jaguar Land Rover has launched a new version of Jaguar XF 2.2L Diesel edition called the Executive Edition at a price of Rs 45.12 lakhs (ex-showroom Mumbai). Jaguar XF sports similar features compared to the standard Jaguar XF 2.2L Diesel, which it is around Rs 4.5 lakh cheaper. Meanwhile, the Jaguar XF Executive Edition was powered by the same 2.2-litre diesel motor with a power output of 190 PS and 450Nm of torque, which it is in combination with an 8-speed automatic transmission.It is also packed with an array of features including a navigation system, full size spare wheel, color touch screen and Jaguar Smart Key system with keyless start. The company has launched petrol variant of Jaguar XF in the country price tag of Rs 48.3 lakh (ex-showroom Mumbai) in January.Jaguar XF Executive Edition will also carry basic interior mood lighting, electronic front seats and electrically powered exterior mirrors including exterior mirror, a rear camera, electric sunroof. It will also offer to adjust the front passenger seat from rear seats and a TV tuner, which it can found on the standard Jaguar XF 2.2L Diesel.
Domestic car sales have been increased around 9.52 per cent to 1,56,445 units in November, which it was compared with 1,42,849 units in the year-ago month. However, the Motorcycle sales has decreased 3.05 per cent to 8,53,254 units from 8,80,078 units a year earlier. The Society of Indian Automobile Manufacturers (SIAM) has released a report that the automobile industry has seen quite an increase in sales in the month of November. The Sales of commercial vehicles raised to 9.05 per cent to 47,686 units in November, while the vehicle sales across categories been registered an increase of 5.03 per cent to 16,03,292 units from 15,26,514 units in November 2013 announced by the Society of Indian Automobile Manufacturers (SIAM).
Air India has announced a short term global winter sale bonanza for visitors on major international routes, which it also includes all inclusive return fares are available for sale from November 26 to December 2 to November 15, 2015. Air India released a statement that passengers can now avail these all inclusive offer to destinations such as USA, Europe, Far East, Australia, China, Russia, Singapore and Thailand. Air India fare from Delhi to Chicago, New York, and Melbourne, Sydney costs around Rs 49,999, while it will costs Rs 39,999 to Milan, Frankfurt, Paris, London, Tokyo, Osaka or Seoul. The Air fares to Shanghai, Hong Kong, Moscow from Delhi will be priced Rs 29, 999 and to Bangkok, Singapore it is priced at Rs 19,999. Meanwhile, Air India is equipped with a vast network of 33 global destinations across United States, Europe, Canada, Far-East and South-East Asia and the Gulf besides domestic routes.
The luxury car maker Mercedes-Benz India has released new generation C-Class sedan into India market with a price tag of Rs. 40.9 lakh (ex-showroom Delhi). However the company has unveil the new C-Class with petrol engine and also planning to launch the diesel variant of the car in 2015. Mercedes-Benz Managing Director & CEO Eberhard Kern insist that new C-Class will join with the latest generations of the E and S-Class, which it will create the youngest and wide ranging saloon line up of any automaker globally. He added the New C-Class packed with various features including higher ground clearance, long wheel base, cruise control and drive mode selector. Mercedes-Benz also features seven airbags, tyre pressure monitoring system and infotainment system. Meanwhile, the company has launched 10 luxury cars in the Indian market in 2014. The seats will equipped with 4 way lumbar support for front passengers and the steering wheel incorporates paddle shifters. It also carries 8.4 inch high resolution color multimedia display system with an infotainment system with touchpad, flanks the central console. Meanwhile, Mercedes-Benz C-Class come out with USB and IPod connectivity including Bluetooth interface with HD voice communication along with sat nav system, temperature display, two zone Thermatic climate control system.
German luxury automobile manufacturer BMW has launched the petrol-powered high-performance sedan M5 luxury car in India, where the company has announced its priced tag at Rs. 1.35 crore. BMW Group India president Philipp von Sahr said it is an independent production of BMW M GmbH, which it will remain faithful to the M philosophy, perfectly combining high performance with optimum everyday practicality. According to sources, the luxury automobile manufacturer has released new car with a CBU (Completely Built-Up) unit is available across its dealerships. BMW new sedan is powered by the M TwinPower Turbo eight-cylinder petrol engine which pushes the vehicle from 0 to 100 km per hour in just 4.3 seconds. It will come with same M Twin Power Turbo V8 petrol engine, which it was rated at 560bhp along with 680Nm of peak torque. Meanwhile, the power unit packed with a mated to a seven-speed M dual-clutch transmission with paddle shifters, endowing the performance sedan to finish the 0-100 kmph dash in just 4.3 seconds. The company has promised that its performance-to-fuel-consumption ratio will boost up through Intelligent Lightweight Construction, Automatic Start/Stop function, Brake Energy Regeneration, Electric Power Steering, 50:50 Weight Distribution and other tech.
Mini Cooper, the world's most popular little hatchback named Mini Cooper, which it was finally makes debut with fresh upgrades in the Indian market. The company has released a statement that Mini Cooper has been launched in 5 -door and 3-door options, while the 5-door car introduced at price Rs 35-20 lakhs and the 3-door trim is offered at Rs. 31.85 Lakh. However, the Mini Cooper has launched the new Cooper in diesel engine version, where it is powered by 1.5-litre, 3-cylinder diesel engine. It is capable of generating about 114PS of power with about 270Nm of torque output, which it will be most stylish and peppy hatchback with outstanding fuel efficiency figure of about 21.15 Kmpl. New Mini Cooper is equipped with new features console and redesigned switch positioning on the doors and dashboard. However, the exterior for new Cooper packed with LED headlamps, daytime running lamps and more bolder looking wheels.
Japan's number-two automaker Nissan has released a statement that the company has earned around ¥237 billion in the April-September period, up from ¥189.82 billion a year ago, where the sales has increased around 8.2 per cent to ¥5.14 trillion. Nissan's half-year net profit rose up to 25 per cent to US$2.3 billion, which it has lifted by strong North American sales and new models, with a sharply weaker yen and it also boosting the firm's bottom line. Meanwhile, Nissan also warned to slow down demand in its number one market China and Japan due to the April sales tax hike, where the similar situation faced by the rival Honda. Nissan is still reported a 19 per cent jump in first-half profit last week. Nissan has successfully conquered challenging market in its the first-half of the fiscal year, delivering high level revenues and profitability amid encouraging demand for our latest models says the firm's chief executive Carlos Ghosn in a statement.
India is likely to become the second largest Internet Market in the word, which it can reach 302 million users by end of the December 2014. It has recorded a year-on-year growth of 32% over last year, where the 'Internet in India 2014' report was released by the Internet and Mobile Association of India (IAMAI) and IMRB International. The internet users in India has moved over 10 million to 100 million and three years from 100 to 200 million. According to sources, it just took only one year to move from 200 to 300 million users. Meanwhile, the number of internet users in urban India rapidly increased by 29% from October 2013 to reach 177 million in October 2014, where it is likely to reach 190 million by December 2014 and 216 million by June 2015. internet users has been rose-up significantly around 39% to climb to 101 million in October 2014 compared to last year in rural India, which it is expected to reach 112 million by December 2014 and 138 million by June 2015. China is leading with more than 600 million internet users, while the United States holds second place with an estimated 279 million internet users. India is expecting to surpass the US as the second largest Internet users' base in the world.
Domestic budget carrier Air Asia India has announced a statement that the company has come up with prices as low as Rs 999 for its New Year offer, where the booking period will be open till November 23. The offer is applicable on travel date in between January 15, 2015 and April 30, 2015. IndiGo also announced the special fares starting as low as Rs 1,647 (all-inclusive) on select destinations, where the tickets for this advance fare scheme should be purchased at least 90 days prior to departure.Meanwhile, IndiGo's scheme will come in the wake of a same offer from rivals Jet Airways. Jet Airways has announced special fares as low as Rs 1,973 (all-inclusive) on select destinations. This offer is valid on economy class travel within India.
TVS Motor Company has released a report that the company has its net profit increased by just around 7% to nearly Rs 95 crore by end of the quarter in September 2014, which it has moved up from nearly Rs 89 crore in the year-ago period.The company's profit has improved by 49% from Rs 88.2 crore last quarter to Rs 131.3 crore this time around. Meanwhile, the company's last quarter two results grabbed a profit of Rs 30.3 crore on account of sale of majority stake in TVS Energy. TVS Motors has raised 35% for the quarter-ended September 2014 moving up from Rs 1,988.4 crore last quarter two to Rs 2,683.1 crore. The company also increased the sales two-wheeler around 35% in the period under review increasing from 4.79 lakh units last year to 6.48 lakh units this quarter two. Motorcycle has sold out by 29% increasing from 1.97 lakh units in the quarter ended September 2013 to 2.55 lakh units this time round.