Fiat India expanded its Grande Punto range by adding two new BS4 compliant variants – Fiat 1.2 FIRE Dynamic and Fiat 1.2 FIRE Emotion. Both the variants are powered by the 1172cc FIRE petrol engines, and are priced at Rs 4.72 lakhs for the Dynamic and Rs 5.04 lakhs for the Emotion (ex-showroom Mumbai).
Punto has emerged as the hottest selling car for Fiat and has been on a roll since its launch. It offers incredible standard features like tilt steering, front power windows, Fire Prevention System, and Programmed Service Reminder in its entry level 1.2 Active variant.
UK-based luxury carmaker Bentley’s new flagship model ‘Mulsanne’, was unveiled on Saturday at the British High Commissioner’s residence here in New Delhi. The Mulsanne is priced at a whopping Rs 2.9 crore! Both the British High Commissioner, Sir Richard Stagg, and the Bentley regional director, Chris Buxtonm, unveiled the new model.
The Mulsanne has been designed and engineered by Bentley’s craftsmen and engineers to combine refined performance and luxury with the coach building elegance for which the marquee has long been renowned.
Speaking on this occasion, Chris Buxton said that their expectations …
Tata Nano was launched with great fanfare as a 1,00,000 Rupee vehicle – a round number that made Nano the world’s cheapest car. But analysts say parent group Tata and its chairman Ratan Tata will struggle to keep the jellybean-shaped vehicle on sale at this level due to the rising costs of raw materials, labour and new higher taxes. Tata faces the same problems as other car manufacturers, such as Japan-owned Maruti Suzuki and its rival Hyundai Motors, which have hiked their prices this year.
Steel in most forms has seen an average price rise of 25 percent since April 2009, Jajoo said, while the prices of tyres and auto accessories are rising as demand for copper, aluminium, plastics and rubber picks up. The increase in commodity prices can be attributed to rising global demand following the end of the financial crisis and deep recessions in developed countries, analysts say.
Ford India unveiled the much awaited hatchback – Ford Figo in Mumbai today. Figo’s petrol variant starts from Rs 3.66 lakh (ex-showroom Mumbai) and goes up to Rs 4.19 lakh while the diesel models would be in the Rs 4.47- 5.55 lakh range.
The Figo is based on Ford’s Global-B platform and promises to offer economy, safety, driving dynamics, value for money and more importantly low cost of ownership. The Figo is roughly VW Polo sized and will be powered by a 1.2 litre petrol and a 1.4 litre diesel engine.
Suzuki Motor Corp has raised its stake in Maruti Suzuki to 55%, triggering speculation about the Japanese firm’s intentions for its Indian subsidiary and whether the move is part of a larger plan to take full control of the country’s top carmaker.
Suzuki raised its stake in Maruti by 0.8% through secondary market purchases “very recently”, two persons familiar with the matter told ET. One of them, an investment banker, said Suzuki was set to increase its stake further. Indian rules allow companies to make creeping acquisitions of up to 5% a year and any increase beyond 55% will require Suzuki to make an open offer for another 20%.
A new Citroen commercial that’s airing on U.K. television features old footage of John Lennon, and now Beatles fans are wondering whether Yoko Ono made the right decision in allowing the French car company to use her late husband’s image.
Beatles fans have accused the pair of cheapening Lennon’s work and branded Yoko and Sean “leeches”. Fans of the artiste, who was at the forefront of the anti-war and civil rights movement of the 60s, say that the television advertisement works against the values that Lennon stood for.
Luxury car manufacturer Mercedes-Benz introduced four new models belonging to its ‘Pure Fascination’ series in the Kerala market at a function here in Kochi on Wednesday. The ‘Pure Fascination’ theme was highlighted during its participation at the Auto Expo 2010 reflected the company’s strategy in the near future for Indian market.
The director of Sales and Marketing of Mercedes-Benz India Debashis Mitra attributed elaborated about the reinforced focus upon the brand. He said, “So far, we have registered a good start to the year 2010 and February sales have been encouraging.”
