Showing posts with label Hyundai Motors. Show all posts
Showing posts with label Hyundai Motors. Show all posts

Sunday, May 24, 2009

Hyundai - Is a Nano Competitor?

I have seen the craze of Tata's "LAKHTAKIYA" car in past days. Nobody knows that Tata Group, especially, Honarable Shri. Ratanji Tata proved his words that he present 1 Lakh Rs. car to their Indian families. Especially for a common man. Still this craze not ends till time in India.

Some days back I have heard a news that Bajaj and Renault Nissan colaboration offers a competitor to Nano. But this car project has already hit several road blocks to make it to the set deadline of 2011.

Recently, one news hits in the Indian market that Hyundai is also planning to build up a Nano-competitor. As we know, Hyundai Motor India is the second largest car manufacturer in the country. India is also its small car manufacturing hub and the company has all the facilities to manufacture a small car in India, if desired.

Now the work begins to develop such Nano Competitor in India credited to Hundai Motors and we may see such a Nano competitor on the road. It is amazing to see who pick the Indian's common man market? Is Hyundai has been proved to be a competitor of Nano? I think, time proved it!

Related Articles : Wheel Industry
01. Honda : What Next

02. Mahindra's Beautiful Dream XYLO running on the road
03. Mahindra and Mahindra : A New Scooter Segment
04. The car of the mile Maruti will not sell 800 in 11 cities from 2010
05. Hero Honda contributes climb up in two-wheeler sales
06. Tata's Air Car - Is it the next big thing?
07. Maruti 800 : Still run on the road
08. Once again Kawasaki-Bajaj
09. Global Car Majors to Follow Maruti Route
10. Maruti Suzuki's New Launch The Ritz - BS-IV Emission Norms
11. Is Audi Q5 pick the Indian Market?

Saturday, May 16, 2009

Maruti Suzuki's New Launch The Ritz - BS-IV Emission Norms

As Maruti Suzuki, India’s leading car manufacturer, gears up for the set up of its Ritz hatchback, its second launch in less than six months, other companies are also gearing up to gainsay the make with their flashy and stylish hatchbacks.

The premium compact car segment, classified as above Rs 4.5 lakh, will be abuzz over the next year with launches expected from almost all other car makers — Hyundai Motors, Honda Siel Cars (HSCI), Toyota Kirloskar, Fiat Auto, Volkswagen India and Ford India — too.

The Ritz, which Maruti will launch on Friday, will have a new K12M, 1.2 litre petrol engine, exacted to be more fuel effective while being low on discharge. It will also be the first car on Indian roads to have an engine that is compliant with the BS-IV emission norms. It will be Maruti’s eighth small car and is awaited to be priced at about Rs 4.5-5 lakh, although the company has been closelipped on this.

Honda will follow with the launch of the Jazz around June. Because Jazz shares its platform with its stylish but bigger cousin, the City, company officials say it will be priced just a bit below the latter, making it India’s most expensive hatchback.

Jnaneswar Sen, senior V-P (marketing), HSCI, replied “In international markets, the Honda Jazz is priced more than the Honda City. However, due to the benefit of excise duty structure in India, expect the Jazz to be priced slightly lower than the City.” Smaller cars attract less duty in India. The City carries a price tag of Rs 8.25 lakh (ex-showroom, Mumbai).

Italian car maker Fiat will proceed with the introduction of the much-awaited Grande Punto a few weeks later. This car will be Fiat’s second offering in the compact segment, after the Palio, but will be priced higher than it. Rajeev Kapoor, president and CEO, Fiat India Automobiles, said, “The B+ (premium compact) segment is growing at a much faster rate than others. This segment will see the most action and we as a company see great opportunity there. We want to become a volume player with this car.”

This segment will be further explored by Hyundai Motors India (HMIL) when it launches the diesel version of the i20 by the end of the year. The company already has three compact cars — Santro, i10 and the Getz — in the market. HMIL had initially planned to sell about 1,000 units of the i20 in India every month but the demand has surged to almost double that. Hyundai is expecting a further increase in demand with the introduction of a diesel engine.

Market sources say German carmaker Volkswagen is planning to advance the launch of the Polo hatchback to the end of this calendar year from the earlier announced date of early 2010. Though the company’s dealers are not informed about the likely price tag, the car is planned to meet a scheduled launch of December 2009, they say. However, there was no confirmation from the company.

Ford Motor Company of the US will also bring its hatchback to India in early 2010. The vehicle, which is expected to be an upper-B segment car, will be pitted against the models of Maruti, Hyundai and Tata Motors with high localisation content. The compact car will come in both petrol and diesel options.

Experts say the increased focus by car makers on the premium compact segment was expected as the transition to small but premium cars has already started in most developed auto markets.

Related Articles : Wheel Industry
01. Honda : What Next

02. Mahindra's Beautiful Dream XYLO running on the road
03. Mahindra and Mahindra : A New Scooter Segment
04. The car of the mile Maruti will not sell 800 in 11 cities from 2010
05. Hero Honda contributes climb up in two-wheeler sales
06. Tata's Air Car - Is it the next big thing?
07. Maruti 800 : Still run on the road
08. Once again Kawasaki-Bajaj
09. Global Car Majors to Follow Maruti Route