2012 Fiat Palio Video

Autonews: By Kurian Akkara

2012 Fiat Palio launched in Brazil earlier this month.

Fiat India has not made any comments on the launch of the new Palio in India, but reports indicates that Fiat India is working on a split-up of the Sales & Service partnership with TATA Motors and setup independent dealer network throughout India and new launches are expected to be routed through the Fiat exclusive dealerships.

The next launch expected from Fiat India is the smaller Punto with a 1 ltr petrol engine, following the small Punto would be the launch of new products such as Uno, Panda and this 2012 Palio.

Maruti Suzuki under pressure to hike Diesel Model prices

Autonews By: Kurian Akkara

Indian Automobile Industry and Customers had a slight relief yesterday with Government of India reducing Petrol prices from a steep rise since January 2011.

But now the Diesel sector has a bad news, not in the pricing of the fuel but with the price of the diesel car models.

Maruti Suzuki, India's largest car manufacturer was under pressure to rise the price of their Diesel variants due to rise in Input costs and the adverse appreciation in the Japanese currency Yen that had made imports costlier.

Maruti has hiked the prices of its diesel models by up to Rs. 10,000 with immediate effect. The prce of the Ritz hatchback has been raised by Rs. 2000, while the diesel variants of Swift Dzire and SX4 cars became costlier by Rs. 10,000.

Maruti Suzuki had a massive loss of production and consequent slide in market share this year due to labour troubles at its Manesar plant in Haryana since June that kept plant shut for 59 days. Production declined by 55 percent, profit margins declined to 4.2 percent from 6.3 percent last year.

Maruti Suzuki has seen an appreciable increase in the Diesel car sales, increasing Petrol prices is a main reason for this demand and the company officials believe that the slight increase in price of the Diesel models will not affect the customers much.

Latest updates from Auto Industry

Autonews: By Cartrials

Car sales in India down by 24 per cent in October

In October 2011, sales of passenger cars registered a negative growth at (-) 23.77 per cent, while utility vehicle sales grew at a marginal 0.41 per cent and sales of van declined by (-) 17.57 per cent. Overall passenger vehicle sales declined by (-) 20.25

per cent during the month.

The decline in sales, the sharpest in 10 years, was mainly on account of a huge drop in output at the country's largest car-maker Maruti Suzuki, following labour trouble, hikes in interest rates and fuel prices.

Lamborghini introduces Aventador LP 700-4 in India for 3.69 crore.

With a view to tap the fast-growing Indian market, Exclusive Motors Pvt Ltd unveiled the Lamborghini Aventador LP 700-4 at their showroom in New Delhi.

James Page, Automobili Lamborghini SpA marketing manager, South-East Asia and Pacific said the company had already received 20 bookings for the Aventador from India and it planned to double its sales next year. He added, globally, the company's bookings for the Aventador had crossed 1, 500 ever since it debuted at the Geneva Motor show in March this year.

Satya Bagla, managing director of Lamborghini's sole dealer in India, Exclusive Motors said, this year they expected to sell around 20 Lamborghinis in India and aimed to double the tally in 2012.

Peugeot Planning big for India - Lays foundation for Rs. 4,000 crore plant in Gujarat.

PSA Peugeot Citroen is investing Rs4,000 crore in a new plant in Sanand in Gujarat, which will be rolling out 170,000 vehicles from there by 2014. Sanand is about 40 km from Ahmedabad and is home for the famous 'Nano' from Tata Motors. Foundation stone laying ceremony was done within two months after Europe's second-largest carmaker signed an agreement with the Gujarat government for the plant.

Gregoire Oliver, CEO, Asian operations, Peugeot, told the media that the company's vision of becoming a global player would be incomplete without a presence in India.

Skoda Citigo not for India anytime soon.

Skoda confirms its stand on the 'Citigo' - Citigo not coming to India anytime soon. Won’t even be shown at Auto Expo says Skoda India boss.

This also means that Skoda isn’t getting into the B segment market anytime soon. Skoda does not have a car smaller than the Fabia in its international range to voyage into the land of the Maruti Wagon R and Chevrolet Beat. The starting point is going to be the Fabia for a good few years.

2012 face-lifted Jaguar XF

TATA Motors is playing big with its recently acquired brands Jaguar and Land Rover.

TATA was in the media a couple of days back with the launch of the new Range Rover Evoque in Mumbai. Now they are back again with the same brands, this time it is the face-lifted model of the Jaguar XF – 2012 Jaguar XF.

Renault’s third offering for India – Renault Pulse

Auto News: By Cartrials

Renault India is at their aggressive best and as per their plan to launch 5 products in 15 months, Renault have now unveiled their third offering after Fluence and Koleos, namely the Pulse.

October 29th was a memorable day for Indian auto enthusiasts as inauguration of Indian F1 Grand Prix. Renault India utilized this venue to highlight its strong F1 story and also to unveil its third offering the Renault Pulse. The car was launched by Red Bull Racing’s Mark Webber and Team Lotus-Renault’s Karun Chandhok. Renault’s COO Carlos Tavares and Renault India’s managing director Marc Nassif did join in to assist them and also outline Renault’s product portfolio strategy which talks about five distinctly different models in a 15 month span.