Renault gets aggressive in India !!

<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjGyx7m-8IkVdujFerweHhwfzXF7W_MsPOpGTBUcamfn0_-ugaFa1bLNxPqv6KqdPNgm1gY4nMbcAA2k1S3utv8nqQIt5ZMWoBRfAuI80qTAeEHRgz2pwe_gZw83x4H542AwmVVsWhP8x4/s1600/Renault.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img alt="" border="0" id="BLOGGER_PHOTO_ID_5668851338105985682" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjGyx7m-8IkVdujFerweHhwfzXF7W_MsPOpGTBUcamfn0_-ugaFa1bLNxPqv6KqdPNgm1gY4nMbcAA2k1S3utv8nqQIt5ZMWoBRfAuI80qTAeEHRgz2pwe_gZw83x4H542AwmVVsWhP8x4/s400/Renault.jpg" style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 208px;" /></a>Remember Nissan’s entry in India? With a premium SUV it never really gained much of a popularity. Even though the SUV was nothing short of being amazing, it was not until the introduction of Micra that the country took notice of the Japanese car manufacturer. If one will notice, Maruti has long been king of Indian automobile market. And on looking more closely, it won’t take any rocket science to figure it out that most of the sales for Maruti come from the hatchbacks. Toyota, world’s largest car maker, sensed the importance of having a small car in India and developed and introduced the Etios siblings. This, even when it’s Innova MPV and premium sedans were doing decent numbers. Now, sensing a similar need, French car maker Renault is planning to introduce a V-platform model. Even better news is that the plan is to launch the car within three months from now and the car will be displayed at the Auto Expo 2012, New Delhi. <p>The car can be expected to be positioned between Maruti’s Swift and Nissan’s Micra. Sources in the company reveal that the aforementioned small car is undergoing tests at the Renault-Nissan’s factory on the outskirts of Oragadam. It is also relevant to mention that this is where the Renault-Nissan joint venture partners are investing a sum of around<span class="WebRupee"> Rs. </span>4,500 crore. Going by the seriousness with which the JV is looking at our market, we are nothing short of being impressed.</p> <p>Hopes are high for the small car’s launch to help Renault achieve its target of one lakh units with five products by 2013. The line up of these 5 cars will be complete once the French car maker launches three more cars next year to give company to the sedan and SUV the carmaker already boasts of. The annual sales is estimated to be in the vicinity of 100,000 units by 2013. To optimize the probability of this, it also plans to have 100 dealerships in place by end of 2012. Currently Renault has merely 15 dealerships in India.</p> <p>It will be noteworthy to mention that Tamil Nadu govt. has provided the JV of car makers a structured incentive package that holds good till 2015 and this aggressiveness in expansion being shown by the group certainly points at it’s plan to optimize the extraction of benefits from this package provided to them . Renault sold 800 units in the country last year and its plan of selling 100000 by 2013 looks quite optimistic but certainly nowhere near unrealistic. The group also plans to increase its components sourcing to Euros 100 million next year. Up by Euros 35 million from current 65 million.</p>

Renault gets aggressive in India !!

Remember Nissan’s entry in India? With a premium SUV it never really gained much of a popularity. Even though the SUV was nothing short of ...

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Nano launch delayed at Bangladesh

<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgsTbSt-EopyBTe67IvbXOUKf_IqF6A5tgot0Wm-7vhwW0IzQe_K7i9v4cyL3-u40qefgQQwRhyqECT-WgdlmP6vvCcKlT-Vz0indycWGR1mq3i9ZqQG19hQvZ5bJY1hVu2tvfsW6UCZdw/s1600/2009-Tata-Nano-Silver1.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img alt="" border="0" id="BLOGGER_PHOTO_ID_5668498710386635762" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgsTbSt-EopyBTe67IvbXOUKf_IqF6A5tgot0Wm-7vhwW0IzQe_K7i9v4cyL3-u40qefgQQwRhyqECT-WgdlmP6vvCcKlT-Vz0indycWGR1mq3i9ZqQG19hQvZ5bJY1hVu2tvfsW6UCZdw/s400/2009-Tata-Nano-Silver1.jpg" style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 244px;" /></a><br /><p>In an interesting development recently, the launching of world’s most affordable car- India’s Tata Nano, was postponed indefinitely at the last moment in Bangladesh. This incident is a result of the concerned distributor seeking a price-cut.</p> <p>As planned<em>, Nitol Motors</em>, Tata’s solitary Bangladeshi distributor, was due to launch the compact at a fair but high tax structures ensured the price tag for the least expensive no-frills Nano would be 599,000 taka or US$7,900 (compares to 141,000 rupees ($2,870) for base Nano in India.). At this price, a B segment can be purchased or (more surprisingly) this much money can easily purchase two top end versions of the Nano in it’s parent land.</p> <p>“<em>A lot of people came to us for booking at the fair. At least 23 people confirmed their interest, but we’ve deferred launch of Nano at the last moment as we’re seeking a re-look at the price, which some say is too high.”</em>” told Abdul Matlub Ahmad, director of Nitol Motors.</p> <p>Not just the Nano but even other small cars produced by foreign companies such as Maruti are significantly much more expensive in Bangladesh as importers have to pay a whopping 132 percent of tax on every import.</p> <p>Nano has the potential to become very popular in the neighboring nation as the little Tata promises to reward its owner with a very low fuel consumption.</p> <p>Very much like us, Bangladesh has seen a substantial fuel price increase during the past few years coupled with the Bangladeshi government withdrawing the subsidies. Nano would have been a promising product in the Bangladeshi product had it not been plagued with the taxes and resulting high purchase price.</p>

Nano launch delayed at Bangladesh

In an interesting development recently, the launching of world’s most affordable car- India’s Tata Nano, was postponed indefinitely at the ...

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Will VW displace Toyota?

<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi1kjYLeN_L_1C3GMkHZJXO3XQlu_hqJaduo7uknqhfY1PcwoKtJtIVFKrQKJiSIE1tv_9SOt17OP1OMc1LGmbB6tkns7MYN2m_nqO9EpEMrvgVqGUv3QfR94_s4WPA5JLpBNk33QW0T2g/s1600/vw-emblem.jpg" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}"><img alt="" border="0" id="BLOGGER_PHOTO_ID_5668494866887162786" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi1kjYLeN_L_1C3GMkHZJXO3XQlu_hqJaduo7uknqhfY1PcwoKtJtIVFKrQKJiSIE1tv_9SOt17OP1OMc1LGmbB6tkns7MYN2m_nqO9EpEMrvgVqGUv3QfR94_s4WPA5JLpBNk33QW0T2g/s400/vw-emblem.jpg" style="display: block; margin: 0px auto 10px; text-align: center; cursor: pointer; width: 400px; height: 268px;" /></a><br /><p>There was a time when the title of World’s Largest Automaker belonged to General Motors. We were as used to this fact as we are to the sun giving us a visit everyday. Then came the Japanese giant, Toyota was able to displace GM and became the one to wear the crown of the largest automaker. As the Japanese automaker became more and more popular in GM’s homeland and abroad, German car giant Volkswagen started with its mission to show them (aforementioned giants) who the boss is. According to <em>Bloomberg</em>, these top three carmakers are likely to see themselves reshuffled before 2011 officially comes to an end</p> <p>Volkswagen, with an approximate 2011 sales figures of 8.1 million vehicles globally (up by a good 13 percent over 2010), is likely to earn the top spot and be labelled as the largest automaker in the whole world. General Motors, which saw the most number of sales in the first quarter had to ultimately move to around 7.55 million machines (an eight-percent increase over 2010) to hold on to second place while Toyota’s estimated 7.27 million sales (a nine-percent decrease over last year) would only be good enough for third in the global race for highest sales.</p> <p>There seem to be a number of reasons for Toyota to see itself being over taken in 2011. One such reason, and a big one at that is the disastrous earthquake and tsunami in the first quarter of this year. It put on pause production of many of Toyota’s well selling models. Another reason is probably an aftereffect of its recall-ridden history over the past few years. However, CEO Akio Toyoda has vowed to address all of these concerns.</p> <p>Analysts have a difference of opinion when it comes to predictions for 2012. Some suggest VW will see enough momentum to hang on to its numero uno spot while others believe Toyota will have a rebound effect to reclaim the top slot in global sales figures.</p> <p>Increasing popularity in rapidly emerging markets like India and China can probably be the ultimate factor in deciding the rightful owner of the crown.</p> <ins style="display: inline-table; border: medium none; height: 250px; margin: 0pt; padding: 0pt; position: relative; visibility: visible; width: 300px;"><ins id="aswift_3_anchor" style="display: block; border: medium none; height: 250px; margin: 0pt; padding: 0pt; position: relative; visibility: visible; width: 300px;"></ins></ins>

Will VW displace Toyota?

There was a time when the title of World’s Largest Automaker belonged to General Motors. We were as used to this fact as we are to the sun ...

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