Automobile Industry welcomes Union Budget

The amendments related to the Finance Sector will help in streamlining operations and boosting the economy.

Dr Pawan Goenka, President, SIAM welcomed the Union Budget 2011-12, terming it as a “Reform Oriented Budget”. Hon’ble Finance Minister has talked about several reform initiatives including roadmap for Direct Taxes Code, Constitutional Amendment Bill for Goods & Services Tax (GST) which would be tabled in the current session of the Parliament and also, pilot project across 11 states for implementation of IT towards GST introduction. The amendments related to the Finance Sector will help in streamlining operations and boosting the economy.

Mr S Sandilya, Vice President, SIAM added that the increase in flow of money to the rural areas from Rs. 3,75,000 crores to Rs. 4,75,000 crores would lead to demand creation in rural areas. However, this may also lead to increase in food inflation which one needs to keep a watch on. He added that the Hon’ble FM has also initiated a lot of course corrections, for instance, direct subsidy to Kerosene customers, which would remove a lot of malpractices from the system. Increase in investment in rural warehousing and encouragement for cold storage facilities is also a welcome move. He also welcomed increased allocation to the National Clean Energy Fund and National Skills Development Fund.

Dr Goenka remarked that Hon’ble FM has given a clear message to the industry by announcing setting up of National Mission for Hybrid and Electric Hybrid vehicles. He thanked the Department of Heavy Industry for taking it up on behalf of the industry. He also talked about several fiscal measures for promoting such vehicles including introduction of 10% excise duty for Fuel cell and Hydrogen vehicles, exemption to specified parts from Basic Customs Duty and CVD along with 5% excise duty, etc. which would provide a significant incentive to promote the development, manufacturing and sale of such vehicles in India.

The Hon’ble Finance Minister has also removed certain anomalies in the excise duty structure, which SIAM has been requesting for removal, like Taxi Refund extended to vehicles with seating capacity up to 13 persons and exemption to factory-built ambulances from additional excise duty.

Dr Goenka also welcomed that the Hon’ble FM has accepted our request of not rolling back the economic stimulus package and maintaining the Central CENVAT rate. The industry, however, was expecting some rationalization of excise duty on larger cars and utility vehicles, at least removal of additional excise duty of Rs. 15,000/- from such vehicles, which was not announced.

He hoped that the implementation of all the measures announced in the Union Budget today would fuel growth of overall economic activity and have a positive impact on the automotive industry.

Courtsey: indiainfoline.com

Maruti Kizashi: India's First Luxury Sedan Launched in India

Maruti Suzuki India Ltd. on Wednesday unveiled the luxurious sporty sedan Maruti Kizashi. The launch of Maruti Kizashi marked the company's entry into the premium luxury sedan segment.

Maruti Kizashi Booking Price in India:

Bookings for Maruti Kizashi can be done with an initial deposit money of Rs 50,000 at any Maruti dealer in India while the deliveries for the car will start only from March.

Maruti Kizashi Variants:
Maruti Kizashi will be available in India in two variants - manual transmission (MT) and continuous variable transmission (CVT).

Maruti Kizashi Price in India:
- The Maruti Kizashi MT is priced at Rs 16.5 lakhs (ex-showroom, Delhi), while the Kizashi CVT has been priced at Rs 17.5 lakhs.
- The Ex-Showroom price in Mumbai for the two Kizashi variants is: Rs 17.12 lakhs (MT) and Rs 18.16 lakhs (CVT).

Maruti Kizashi Colors:
The Kizashi will be available in 'Snow White Pearl', 'Super Black Pearl' and 'Premium Silver Metallic' colors.

Maruti Kizashi Mileage:
Maruti Kizashi offering excellent fuel efficiency of 12.53 Kmpl (CVT) and 12.45 Kmpl (6-speed MT).

Maruti Kizashi Features:
The Kizashi is powered by the celebrated 2.4 litre DOHC J–Series engine that ensures potent performance (maximum output: 178 PS @ 6,500rpm and a maximum torque: 230Nm @ 4,000rpm) while offering excellent fuel efficiency of 12.53 Kmpl (CVT) and 12.45 Kmpl (6-speed MT).

Maruti Kizashi Exterior:

Maruti Kizashi Interior:

Enjoy the Ride of India's First Luxury Sedan Maruti Kizashi

Maruti-Suzuki Launche Kizashi in Inia, price @ 16.5 - 17.5 Lacs, Kizashi Photos

Maruti-Suzuki launched its most awaited luxury sedan "Kizashi" in India as a CBU on 2nd February, 211 and bookings are open for Rs. 50,000 deposit across all dealership and the delivery will begin in March.

The Kizashi will be powered by 2.4-litre petrol engine which will give 185 bhp and will feature a six-speed manual transmission and is capable of racing from 0-100km/h in just 7.8 seconds flat. Kizashi launched in 2 variants, Manual Transmission variant an Continuously Variable Transmission option.

Maruti-Suzuki Kizashi Price in India:

Manual Transmission - Rs. 16.50 Lakhs

Continuously Variable Transmission - Rs. 17.50 Lakhs

Marutu Suzuki Kizashi launching on 2nd February, 2011, Suzuki Kizashi Photos, Images

Maruti-Suzuki India launching its first luxury sedan "Kizashi" in the Indian market on 2nd February, 2011. Suzuki Kizashi will come with CBU and will compete with Honda Accord, Toyota Camry, Skoda Superb and Volkswagen Passat.

Kizashi means 'omen ', 'sign' or 'warning' will be powered by 2.4 liter Petrol engine which gives 185bhp with six-speed manual transmission.

Estimated Price of Maruti-Suzuki Kizashi in India:

Rs. 18 - 20 Lacs

Maruti-Suzuki Kizashi Exterior Photos:






Maruti-Suzuki Kizashi Interior Photos:

Maruti Kizashi Launch Date in February 2011

Most awaited car Maruti Kizashi is all set to be launched in the India on 2nd February, 2011. The Maruti Suzuki Kizashi will be available at a price rance of Rs. 12 to Rs. 15 lakh. Maruti Kizashi will be the competitor for of Honda Civic, Toyota Corolla Altis and Volkswagen Jetta at the lower end, and Honda Accord and Toyota Camry at the upper end.

As per a recent statement given to PTI, Maruti Suzuki India Managing Executive Officer (Marketing & Sales) Mayank Pareek said, "This (Kizashi) is our attempt to be future ready, as we believe the A4 and A5 segment (luxury) is going to grow. It is small at the moment but the way the economy is growing, this segment is going to be big."

"There are nine million Maruti Suzuki customers at present. Many of them want to move up and have been asking after the SX4, what next? What we are doing here is to provide them options in luxury segment," Mr. Pareek said.

Maruti Kizashi model will be launched in India in both manual and automatic transmission versions. Maruti Kizashi will be the most expensive car in India for Maruti Suzuki.

Tata Nano Diesel To Be Launched by September 2011

Tata Nano is one of the cheapest car of the world and the Tata Nano is available all over the India at cheaper rates. Tata Nano Diesel is on the card as well. Tata Nano Diesel will be launch around September 2011, as speculated in recent media reports.

Tata Nano Diesel will be the cheapest diesel car available in India. So far there is no diesel car in the segment A and A+. Earlier this month, the company had announced to offer open sales of the car at all of its 874 sales outlets spread across the Indian market.

Upcoming 2011 Cars in India: Price, Features & Reviews

With the New Year 2011 started, it's time to take a look at the cars expected in this year. 2010 was a bumper year for the Indian car fans with launches as the Etios, Figo, Micra and Polo. Now, as the Indian auto market is growing at its best pace ever, the auto biggies are eying to make the most of this ongoing high demand momentum by expanding their India portfolio.

Same as the scenario was throughout last year, a slew of new cars is ready to enter the Indian roads this year as well. Major car makers such as Maruti, GM, Ford, Honda, Nissan and Renault are gearing-up to launch their respective new portfolio car models in the Indian market. Here is a brief description of the much anticipated upcoming cars in India in year 2011.

Maruti Kizashi
Indian auto giant Maruti Suzuki is coming-up with a series of new cars in the country throughout this year. The most awaited among these is company’s high-profile premium sedan – Maruti Kizashi – that will be launched in the Indian market in the second half of January 2011. The Kizashi sedan would be sporting a 2.0L petrol engine and is expected to be shelved in the price segment of Rs 14 to 16 lakh. The major competitors of the Kizashi will be Toyota Corolla Altis, Chevrolet Cruze and Honda Civic. The car will be imported to the Indian market as a completely built unit (CBU) from Suzuki’s base market in Japan.

The Kizashi is Maruti’s first attempt to enter the premium sedan market, and will thus will be a very important and interesting event in the Indian car scenario.

Maruti SX4 Diesel
The SX4 diesel is yet another much awaited Maruti car in India that is expected to be rolled-out in the Indian market by the first quarter of year 2011. The new SX4 diesel variant will come powered by a 1.3L turbo charged diesel engine. The car is expected to be launched in the price segment of sub Rs 7 lakh. The company has in fact already started assembling the car at its Gurgaon plant.

New Maruti Swift and Swift Dzire
After launching the Kizashi and SX4 diesel in the first half of this year, the company plans to launch upgraded version of its popular premium hatchback Swift and volume driving entry level sedan Swift Dzire. The new Maruti Swift Dzire model is speculated to come with a shorter length (less than 4 meters) and also with price reduced by over Rs 40,000, due to lower taxes applicable. On the other hand the hatchback Swift is expected to come with a number of cosmetic changes at both exterior and interior front.

New Maruti Swift Spy Shots

Maruti Cervo
This is yet another Maruti car that is lined-up to hit the Indian roads by the end of this year. The Maruti Cervo will be placed in the price segment of sub Rs 2 lakh where it will be competing with the small car Tata Nano and Hyundai’s upcoming 800cc small car. It is expected to sport a 0.6L, 60 bhp engine and is claimed to be offering a segment leading fuel economy.

Given the car's specs and pricing, the Maruti Cervo is sure to be one of the most awaited launches this year!

Toyota Etios Liva
After launching the sedan version of Etios in the Dec 2010, Toyota is all set to launch the hatchback Etios Liva in the Indian market in April 2011. The car will be sporting a 1.2L petrol engine that is expected to deliver a peak power of 80 bhp. A concept version of this model was showcased at the Delhi auto expo in January 2010, where it had received an applauding response from the car enthusiasts. The car is expected to be launched in the price range of Rs 4 to 6 lakh where it will be competing with the likes of Maruti Swift, Hyundai i10, Ford Figo, Chevrolet Beat and Volkswagen Polo.

Renault Fluence
After splitting up with Mahindra, Renault is now looking at cracking the Indian market on its own. Plans are well underway and company has announced its Premium sedan Renault Fluence which will be rolled-out in the Indian market in May 2011.

The Fluence is expected to be set in the price segment of Rs 12 to 14 lakh where it will be competing with the likes of Honda Civic, Toyota Corolla Altis and Chevrolet Cruze. The company will commence the commercial production of this car in April 2011 at its Chennai facility.

Renault Koleos
Following the launch of sedan Fluence in May 2011, the company is planning to roll-out a compact luxury sport utility vehicle (SUV) – Koleos – in the Indian market by sometime around October 2011.The new Renault Koleos will be competing with the likes of Toyota Fortuner, Mitsubishi Outlander, Honda CR-V, Nissan X-Trail and Ford Endeavour. The car is expected to be rolled out in the price segment of Rs 16 to 20 lakh.

Nissan's New Global Sedan
The Japanese auto giant Nissan that had launched its compact hatchback Micra in the Indian market in July 2010, is now gearing-up to launch its New Global Sedan in the Indian market by the last quarter of year 2011. The company has released sketches of the car and announced that is an all new car based on the Nissan V platform, common to the Micra.

The car is expected to be shelved in the price segment of sub Rs 7 lakh and will be fighting for space with the likes of Maruti Swift Dzire, Volkswagen Vento, Toyota Etios and Ford Fiesta.

Honda Brio

The Honda Brio is one of the most awaited cars in India that will be launched in the country in the upcoming Diwali season. The Honda Brio hatchback will be carrying a 1.2L petrol engine and is expected to be offered in the price segment of sub Rs 5 lakh. The major competitors of this model in the Indian market will be Ford Figo, Volkswagen Polo, Nissan Micra, Chevrolet Beat, Hyundai i10 and upcoming Toyota Etios Liva.

The Brio will be Honda's first entry into the budget segment, thus forming another important event for the Indian market.

Hyundai’ New 800CC Small Car

Hyundai India is planning to launch its 800cc small car in the Indian market by the end of this year. The car will be shelved against the best selling Maruti Alto and the country’s cheapest car Tata Nano in the price segment of sub Rs 2 lakh. It will be the cheapest car in Hyundai’s India portfolio and expected to drive high volume for the company.

Besides the above hot favorites, there is a slew of other cars that is expected to be rolled-out in the Indian market this year. These cars include Chevrolet Camaro, Chevrolet Sail, Chevrolet Spark Electric, Volkswagen Golf, Tata New Safari, Mahindra Mini-Xylo, a new mini-SUV from Maruti, new Volkswagen Jetta 2011and Passat 2011. For a full overview of the launches in India, please visit our Upcoming Cars section.

Chevrolet Camaro

Chevrolet Sail

Volkswagen Golf

New Tata Safari Spy Shots

Volkswagen Jetta

As we look forward to an exciting 2011, we hope you keep on visiting us to stay abreast of the latest in the Indian car market.

Courtsey: Cartradeindia.com