Toyota Camry might be produced in India
Toyota India is seriously thinking about manufacturing it's luxury sedan Camry here in India. This would bring down its price tag by at least 4 lakh rupees as Toyota needn't pay for the excise. The Camry range begins at 21-lakh and is fighting for the top spot in the D-Segment which has a market of 8,000 vehicles annually.
If it is eventually made in India, it will compete in a segment lesser- The battleground which will consist of cars like the Hyundai Sonata and Skoda Laura and what's better is it will have a clear advantage in terms of comfort, features or brand value.
[Via: IAB]
Petrol Price Cut By Rs 5, Diesel Cheaper By Rs 2
The government has announced the second round of cut in fuel prices by lowering the price of Petrol by Rs. 5 and Diesel by Rs. 2 This is the second cut in price of petroleum fuels in the past 2 months.
The cabinet comitte met yesterday under foreign minister Mr Pranab Mukherjee to decide where the cut should come via a duty rejig to help the ailing UPA government with its finances. The new prices are applicable since midnight.
[Via: cc]
Bajaj may launch XCD Sprint by March/April!!
Few days after launching the XCD 135cc, Bajaj has again said the XCD sprint will come soon. Hope the following the come true soon. "The Yamaha FZ16 and the Honda Stunner are products that we should have watched out for.
We will shortly launch the Sprint that will compete against the 125cc Stunner. We have to arrest the headway made by competition in these segments. It's just a matter of time. We have the products to plug the gaps," S Sridhar, CEO, Bajaj Auto said on December 25th.
[Via: Vicky]
Volvo XC90 D5 diesel launched in Malaysia!
Volvo has launched all nee XC90 D5 diesel in Malaysia. Under the hood of the new diesel facelifted XC90 is an inline-5 2.4 liter turbodiesel engine producing 185 horsepower at 4,000rpm and 400Nm of torque between 2,000 to 2,750rpm, which should be adequate for moving the 7-seater around through the Geartronic transmission's 6-speeds and all-wheel drive.
Naturally being a Volvo, there are adequate safety equipment.Three-point inertia-reel seatbelts with belt pre-tensioners and head restraints are available on all 7 seats. A feature called Roll Stability Control activates if the car risks rolling over. RSC reduces engine power, increases anti-roll bar stiffness, and automatically applies the brakesto help stablize the car. The all-wheel drive system is supplemented with Dynamic Stability and Traction Control. There are plenty of airbags all-around, with an Inflatable Curtain airbag on both sides of the car that inflates all the way from the front row until the third row.
The XC90 D5's selling price is exactly the same as the 2.5T petrol version - RM 355,000 OTR without insurance. The vehicle's road tax is actually cheaper than the petrol version at RM760 a year compared to the 2.5T's RM873.60. The petrol version makes more power at 210hp, but less torque at only 320Nm. Its slower to accelerate though, taking 11.5 seconds to get to 100km/h compared to the 2.5T's 9.9 seconds. However it makes up for that in fuel economy, rated to consume only 8.5 liters per 100km on the comnbined cycle compared to the petrol version's 11.8 liters per 100km.
[Via: Paultan]
Yamaha to recall over 50,000 bikes
Two-wheeler giant, Yamaha Motor Co. will recall a staggering 53,814 motorcycles due to one minor accident. The Japanese firm will rectify the defect in rear-wheel shock absorbers of all the recalled motorcycles. The motorcycle firm revealed in a statement that the affected model is Yamaha TW200 built between 1987 and 2001. This model was not officially launched in India.
Six reports were registered with Yamaha complaining about the joint part's lack of tenacity. The problem could result in a breakdown of the part and a loss of stability. As mentioned above one rider in the accident was slightly injured when a TW200E motorcycle with the defect scraped a guardrail.
[Via: Bikeindia]
New Toyota Innova Launched!!
Toyota has come up with new refreshed Innova with minor exterior and interior changes. It is priced between Rs7,66,000 to Rs11,06,000.
Following changes and additions have been made in New Innova:
- New front grille
- New front and rear bumpers.
- New clear lens headlamps.
- New front fog lights.
- New clear lens tail lamps.
- New centre console.
- Automatic climate control system.
- In-Dash 6 CD changer.
- Steering mounted audio controls.
- Faux wood finish on centre console and around AC vents.
Maruti Suzuki Increases Prices of its Models in India
Maruti Suzuki announced increase in prices of its various models in India. The company withdrew its introductory price offer on its latest model, Maruti A-Star which was launched in November 2008. All the variants of the newly launched global small car from Maruti Suzuki will be costlier by Rs. 10,000.
"The price increase has been necessitated due to the increase in input costs and foreign currency changes. There have been regular fluctuations in currency which has forced us to go for this increase in prices," the company said in a statement. It increased the prices of all variants of its SX4 model by Rs. 9000.
Its premium hatchback model, Maruti Swift also became costlier by up to Rs. 6000. The increase in price was effective on both petrol and diesel models of Maruti Swift. Its mid-size sedan also got costlier by Rs. 7000.
Amongst the Maruti Suzuki portfolio, models like M800, Alto, WagonR, Zen Estilo, Versa, Grand Vitara, Omni and Gypsy remained untouched. Other auto makers like Hyundai Motors India Limited, Honda Siel Cars Inda, Ford Motor India are also contemplating their options for price hike.
[Via: cartradeinida]
