Car Prices in India

News About Car Prices in India

• Volkswagen Golf GTI being evaluated for India

  The Volkswagen Golf GTI is one of the most loved hatchbacks among car enthusiasts and the Indian car enthusiasts might be lucky enough to finally get their hands on the car. German automaker has started evaluating the possible measures to introduce the car in India. Reportedly, after the announcement of relaxation of import rules, the car is expected to hit the Indian shores as a completely built unit (CBU).

  As per the newly announced import rules, automakers can import 2,500 units every year through the CKD route or the CBU route to India without the vehicles having to go through homologation. However, the models which are being imported are liable to meet the homologation criteria in the international market. If the Volkswagen Polo GTI finally makes its way to the Indian market, it will be delivered in limited numbers and the price can be expected to be in the ballpark of Rs.40 lakh. Being introduced back in 1975, the Golf GTI is the pioneer in the hot hatch segment. The eighth generation of the car was recently spotted testing in Germany and is expected to be unveiled by the end of the year. The next iteration is expected to have more tech, produce more power, and be lighter. Although the German auto giant has confirmed anything, the Golf GTI can be expected to be powered by revised edition of the outgoing 2.0-litre turbo engine which pumps out about 255 hp of max power and 350 Nm of peak torque in the standard model and about 290 hp of max power and 370 Nm of peak torque in the TCR model. If everything goes as per the company’s plan, the car can be expected to hit the Indian shores by the end of 2020.

  

  18 September 2019

• GST Benefits of Jaguar Land Rover to be Passed on to Customers

  The cost of assembling cars has reduced by almost 12% for Jaguar Land Rover. Manufacturers are working towards passing the GST benefits to their customers as a result. Following BMW and Mercedes-Benz, Jaguar Land Rover is the next to step up and make an announcement to reduce prices for the cars that are manufactured locally. The decline in prices is applicable on the XJ, XF and XE in the Jaguar portfolio as well as the Range Rover Evoque and Discovery Sport from Land Rover’s stable. The decline in prices is expected to differ from state to state and will be based on the model. GST is expected to come into effect from the 1st of July this year, but the decline in prices has been passed on to the customers already.

  

  13 June 2017

• Geely Auto buys the British Sports Car Maker Lotus

  Chinese automaker Geely Auto has acquired stakes worth 51% in Lotus Cars and Lotus Engineering. The company also owns Volvo Car Corporation and The London Taxi Company. The purchase of stakes in Lotus Group was a part of the dealings in which Geely Auto bought 49.9% equity in Proton Holdings, a Malaysia-based automobile design and manufacturing company. With the fresh funds received from Geely, the long awaited SUV and third-generation sports car of Lotus can be launched soon. Lotus can also use the Drive-E range of engines of Volvo instead of Toyota powertrains.

  

  8 June 2017

• BMW launches M760Li xDrive in India 

  M760Li xDrive is considered to be the most powerful production of BMW and it will be the flagship product for its Indian portfolio.The 17 feet long sedan is powered by a 6.6 litre V12 engine. It’s ex-showroom price is Rs.2.27 crores in Delhi showrooms. At present, this is the most expensive BMW car available in the country. It is available in two models, M760Li xDrive and M760Li XDrive V12 Excellence. As the flagship vehicle of BMW, it is provided with all the luxuries a buyer can imagine. It combines the performance features of BMW M series and the luxury of 7 series.

  

  29 May 2017

• Nissan Explains Solid Oxide Fuel Cell Technology

  One of the worst things that can happen to a automobile manufacturer is unavailability of fossil fuel. Car are manufactured after deciding on the fuel type. Scarcity of fossil fuel has pushed many carmakers to switch to alternative ways to run their cars. Apart from petrol, diesel, and LPG, electricity is the next best option in the hands of many automobile manufacturers. Nissan also has an electric car called LEAF which is the best-selling car in its segment. However, during the Rio Olympics held in August, 2016, Nissan inaugurated their brand new SOFC-powered car, Renova Bio 2030. Explaining the technology, Nissan stated that SOFC technology uses bioethanol electric power to charge the vehicle. E-bio fuel cells which are 100% fuelled with ethanol is used to charge 24kwh battery. This battery is sufficient to drive the car up to 600 kms. Nissan proudly states that this technology will have zero emissions and will be completely eco-friendly.

  

  10 January 2017

• A history of the Mini Clubman recently launched in India

  The Mini Clubman has been launched in India for Rs.37.90 lakhs. In the early days, the Mini Clubman was a family car with only 2 doors, later it got 2 more doors, and became the largest Mini to be ever made. Originally, the Mini was a two-door car that could seat 4, while the Clubman nameplate represents a four-door Mini. In 1969, Roy Hanes had restyled the Mini which was then called the Mini Clubman.

  When BMW took over the Mini brand, it didn’t have the rights to use the names, ‘Countryman’ and ‘Traveller’ (names used for two-door cars). However, BMW had bought the name, 'Clubman', and used it to refer to the Mini's estate version. The 1st generation Mini Clubman didn’t have 4 doors, but the car was bigger than the regular Mini. It had bi-parting cargo area doors and the 'Clubdoor'. The 2nd generation Mini Clubman has 4 doors without the Clubdoor, but has the bi-parting cargo area doors. It is the largest Mini to be made by BMW till date.

  

  3 January 2017

• Mitsubishi re-launches the Montero with a price tag of Rs.67.88 lakh

  Japanese car manufacturer Mitsubishi has reintroduced the Montero at a price of Rs.67.88 lakh in India, which is the ex-showroom price in Mumbai. As it will be imported via the Completely Built Unit (CBU) route, the import tax will be heavy. There will be minor cosmetic changes in the new Montero which will start its deliveries in the first week of December 2016. Externally, the new Montero receives new daytime running lights, projector headlamps, and chrome treatment on its radiator grille. Although, the refurbished model is very similar to its predecessor, the rear-wheel arches are going to stand out. It will be powered by a 3.2-litre diesel motor coupled to a five-speed auto box and a smart all-wheel drive system. The price of the new Mitsubishi Montero is in the league of the Volvo XC90, the BMW X5, and the Audi Q7. Car enthusiasts can make an online comparison of car loans on third-party websites like BankBazaar to make a sensible decision.

  

  23 December 2016

• Mercedes-AMG E63 to be Officially Launched in Mid-December

  Mercedes benz has released the 2017 edition of its E class, Mercedes-AMG E63 at Detroit Auto Show held this year. The car will be officially launched in the Los Angeles Motor show to be held in December. Its prominent features are broader wheel arches, improved radiator grille and a remarkable V8 BITURBO 4MATIC+ badging on the car’s front fender. It also features 10 spoke, 19 inch alloy wheels for the E 63 model and twin 5-spoke, 20 inch alloy wheels for the E 63 S model. The model houses two twin exhaust units on either side of the diffuser.

  

  19 December 2016

• Tata Motors Making Efforts to Become the Third-Largest Passenger Vehicle by 2020

  In Spite of selling some good numbers, Tata Motors has still not been able to make a prominent mark in the passenger vehicle sector. But, now they have set a new target for themselves. They are aiming to become the third-largest passenger vehicle manufacturer by 2020. In an effort to achieve this goal, the company is planning to line up a lot of products in the market. They will be focussing more on the compact SUV, executive sedan segments. They are hoping that these actions will help them push their position from fifth to third. According to Mayank Pareek (President, Passenger Vehicles Business Unit, Tata Motors), they want to capture 100 percent of the market. They have already made plans for the next five years.

  

  2 December 2016

• Toyota Kirloskar Motor Join Hands with Uber

  Toyota Kirloskar Motor has decided to join hands with Uber for a business plan. Together, they will be working towards providing end-to-end vehicle buying solutions for drivers operating on Uber. Around 90% on-road funding will be provided for the Etios and Liva models. However, this is only applicable for the first time drivers. The scheme will continue to be applied till December 31, 2016. According to N.Raja(Director, Sales and Marketing at Toyota Kirloskar Motor), this step will contribute a lot in meeting the mobility needs of an average Indian in a more efficient way.

  Ola also had previously partnered with Mahindra & Mahindra and launched the ‘Mahindra-Ola Package’. As per the package, special rates and maintenance packages were offered to the driver partners.

  

  23 November 2016