Showing posts with label Vehicles. Show all posts
Showing posts with label Vehicles. Show all posts
Friday, August 29, 2008
Thursday, August 28, 2008
Saturday, August 23, 2008
Volvo plans to launch new models in India
CHANDIGARH: Volvo Car India (VCI) on Sunday said it plans to strengthen its dealer network and sell 400-500 in the country by the end of this fiscal and launch 2-3 new models in future.
"In addition to our dealers in Delhi, Mumbai and Chandigarh, we will soon have our dealers in Hyderabad, Bangalore, Cochin and Pune. Our target is to sell 400-500 cars by the end of this fiscal," the VCI's Managing Director Paul de Voijs told reporters here on the sidelines of a function, in which the company gifted a Rs 44-lakh sedan to Olympic gold medalist Abhinav Bindra.
Volvo, which has 10 cars in its portfolio at the moment, is also looking at launching 2-3 new models in future after testing and seeing the market response in India, where it has so far sold 100 cars after its launch less than a year back.
Voijs said the company also has plans to aggressively target the communication with the potential buyers directly, marking a "shift from advertising".
Asked if VCI had any plans to put up an assembly line, he said they would be able to take such a decision after about a year when the company would have tested the market.
Part of Volvo's portfolio at the moment include three sedans, 1 station wagon, two convertibles and three cross-over model range.
VCI, a division of Ford Motor Company, had launched two of its flagship models, Volvo S80, one of whose top end variant was gifted to Abhinav, and Volvo XC90, in September 2007.
"In addition to our dealers in Delhi, Mumbai and Chandigarh, we will soon have our dealers in Hyderabad, Bangalore, Cochin and Pune. Our target is to sell 400-500 cars by the end of this fiscal," the VCI's Managing Director Paul de Voijs told reporters here on the sidelines of a function, in which the company gifted a Rs 44-lakh sedan to Olympic gold medalist Abhinav Bindra.
Volvo, which has 10 cars in its portfolio at the moment, is also looking at launching 2-3 new models in future after testing and seeing the market response in India, where it has so far sold 100 cars after its launch less than a year back.
Voijs said the company also has plans to aggressively target the communication with the potential buyers directly, marking a "shift from advertising".
Asked if VCI had any plans to put up an assembly line, he said they would be able to take such a decision after about a year when the company would have tested the market.
Part of Volvo's portfolio at the moment include three sedans, 1 station wagon, two convertibles and three cross-over model range.
VCI, a division of Ford Motor Company, had launched two of its flagship models, Volvo S80, one of whose top end variant was gifted to Abhinav, and Volvo XC90, in September 2007.
All-new Indica Vista launched
MUMBAI: Tata Motors on Saturday launched the new generation of the country’s first and fully indigenous car — the Indica Vista. The car has been given a complete makeover and comes with a 24-month warranty. It will be available in seven colours through 170 dealerships.
The car is being launched in seven variants priced between Rs. 3.49 lakh (ex-showroom Delhi) and Rs. 4.88 lakh. It is powered by a range of internationally acclaimed powertrains. The seven variants range from Rs. 3.49 lakh (ex-showroom Delhi) for the 1.2 L petrol Safire for the low end and going up to Rs. 4.88 lakh (ex-showroom Delhi) for the top end 1.3L Quadrajet. The TDi version comes at nearly the same price as the existing Indica V2 version.
Addressing the media here, Rajiv Dubey, President, Passenger Cars Division, Tata Motors, said, “there is virtually no carryover of the existing Indica into the Indica Vista, except the good attributes. The project cost is around Rs. 1,700 crore in the various facilities at Tata Motors and Ranjangaon. The investment includes the amount for the new Indigo also. We have taken 3.5-4 years to develop this vehicle and will commence exports only after six months.”
The car finished 2007-08 as the second largest selling model in the industry despite its product maturity and announced plans of the next generation being around the corner.
The existing Indica will continue to exist with a rationalized portfolio — the lower versions of the 1.2 L Xeta and the 1.4 L naturally aspirated IDI diesel and one version each of the Dicor and TCIC diesel.
“So from the existing 12 variants, half will exit and there will be a migration path available for the consumer.”