BMW Quits F1

BMW is following Honda Motor Co., which announced, last December, that it would quit the premier racing series. In less than eight months time BMW is also quitting from F1.BMW has announced about its decision to be no more a part of F1 and it is confirmed that BMW would withdraw from Formula One by the end of the current season. If financial reasons, which included fall in sales and rise in yen, forced Honda to take such a decision, but for BMW it was some other factors which made them take the decision .

This decision from BMW was least expected. And for the management of Formula One also it is not be a welcoming news. Companies such as Renault or Toyota BMW may mat follow the path of BMW.

BMW was not comfortable with its situation in F1. The BMW team was behind Toyota and Ferrari. Credit Suisse withdrew from being its sponsor which worsened the matters for BMW.

BMW will no more be a part of F1 after this season which is unimaginable for many except for BMW as it knows it has taken the right decision.

Toyota will unveil new Camry in India

Another member joins the Indian luxury car market. The new member is the 2010 Toyota Camry. This facelifed version of Camry that is already present in the Indian car market is expected to bring more fortune for the company. The car was first showcased at the 2009 American International Auto Show. The car is expected to be launched on the 31st of July.

The car has already won millions of hearts with its new look. The car has been given a new look and the safety features has also been increased.

Audio system with Aux input and USB connectivity, new front grille, LED tail lamps, indicators on rear view mirror, new fog lamps, headlights, and ten spoke alloy wheels are among the features of the new Camry. It also has features such as the vehicle stability control with traction control and a built-in camera in the navigation system. Two latest paint options such as Beige Mica Metallic and Dark Green Mica Metallic are also available.

Toyota is expected to manufacture over 400 units for Indian customers. The price of the car is not yet available but will be more expensive than the existing model.

Porsche to Launch Panamera in India

Indian customers, more than any other car models, like the luxury car models. And this love for luxury cars can be seen as a reason why major car makers are planning their investment in India. Porsche, the new chic in the Indian luxury car market, is also making its presence felt through its world class models. The company is now planning for a launch.

The German auto maker is expected to unveil its premium luxury sedan Panamera, within three months time. The launch is further expected to boost the business of the company. Even though a new comer, Porsche has made itself comfortable with the huge success of its SUV Cayenne, which makes most of the sales for the company.

Precision Cars India is the official dealer of Porsche in India and it will import the model from the Porsche plant in Germany. The company has a target of 50 units to be sold in the country among which they already got booking for 13.

Nano’s World Tour

Nano has already proved itself in India. The car has won millions of hearts just months after its launch. Nano is the supreme representation of Tata’s designing and techniques. Tata expects Nano to be accepted all over the world the way it was accepted in India and Tata is ready to launch its smart car globally.

Europa, the European version of the Nano was unveiled in the Geneva Motor show. Europais expected to be launched in less than two years. The company is also planning to launch in the United States along the same time. The company has more vivid launching plan where it is expected to launch Nano in Latin America, South Asian countries and Russia

The Indian version of Nano has successfully cleared the crash test that was held in U.K. and this is a great achievement for the model. This has even made Nano’s entry to the foreign car market easy.

Unlike the Indian version the foreign versions of the car will have two air bags, power windows, and air conditioning. Tata’s tie up with Fiat will also help it conquer foreign lands.

New-Big Units for Reva

Maini Reva is the only electric car manufacturer of india. It has been very successful and has been exporting the Reva globally. Now the company has preparing for a new plant in the country. This new unit will be not only the biggest car plant of Maini but it will also be the biggest electric car plant of the world.

The company currently has its plant in the country in Bangalore. This new plant will begin its operations by the year 2010-2011. The company is planning to invest Rs 30 Crore for the plant the rolls out about 30,000 cars every year.

The company understands the increasing demand for electric or green cars in the country and is planning to manufacture more cars. Reva cars are extremely environment friendly cars that create less pollution.

A four-seater sedan is also among the future plans of the company.

Electric Cars of India

Reva was launched in the Indian car market in 2001 and until then there was not even one electric car in India. But the Indian car lovers were able to perceive the idea quite positively. Reva will no more remain as the only electric car in the country, Bavina Cars, a new face in the Indian car industry, is all ready to unveil its electric car in 2011.

Bavina Cars is expected to start the operations very soon so that it can roll out its electric car by 2011. The company has already received land from the Tamil Nadu government to start its plant. The car will be powered by six lead-acid batteries. The company has alredy announced that it has plans to launch a more cost effective three battery version soon after.

Maini Reva is also planning big. The company will be soon building a plant, which would be the world’s largest electric-car manufacturing unit and has a facility to produce over 30,000 units. A four-seater sedan is also there in the to-be-launched list of the company and this will be launched before the year end.

There will be more demand for electric cars as they are pollution free and so more eco friendly.

The Indian car market is literally flooded with new car brands and models. The fact that the Indian car buyers still yearns for more cannot be forgot and the reason for this can be stated as the changing lifestyle of the Indian crowd. The strong economy is also a reason for this growth of the Indian car market. Always ready to please the customers, the Indian car market is now in a tough competition.

The latest in the list is Toyota Kirloskar Motors with its upgraded version of Toyota Camry. This popular sedan of Toyota has already yielded appreciation from customers throughout the world. We are still unaware about more details of the car including the pricing, but it is sure to make a great impact on the car lovers.

The car has a new face with features like audio system with Aux input, front grille, indicators on rear view mirror, new fog lamps, headlights, front grille, and ten spoke alloy wheels. The two new paint options of the car are Beige Mica Metallic and Dark Green Mica Metallic.

Toyota has selected to allot only 400 cars in India.

GM’s Exchange Program

GM India together with its parent company is trying to connect to its customers with new offers, programmes, and launches. General Motors had filed bankruptcy and was trying to survive and retain it good old days and now finally out of bankruptcy, GM India is all set to fascinate its customers. The company has already launched a limited edition of its Chevrolet Aveo with added features to woo its customers.

The new “Opel Exchange Program” launched by GM India is a wonderful offer for its customers. The customers are given the choice of exchanging their old Opel car models with new Chevrolet models. The customers can now get a new Chevrolet model in place of their old Opel Astra or Opel Corsa. The Opel car will be tested by GM-certified engineers and the price of the car will be decided on the bases of the model of the car and its physical state.

The company is offering customers free accessories that costs around Rs 10,000. The company has also arranged for finance for its customers with public and private banks.

GM Unveils Special Edition of Chevrolet Aveo in India

General Motors India has added a member to its list; the company has unveiled the special edition of Chevrolet Aveo. Unlike its parent company, General Motors India has been maintaining itself in a very comfortable position. The bankruptcy of GM didn’t affect its counterpart in India.GM India is trying to grow its business through new launches and campaigns.

The new special edition Chevrolet Aveo is stuffed with new functionalities which makes it a superior version of the successful Chevrolet Aveo. The all new interiors and most modern safety features make the car a better choice for many customers. The special edition, different from Chevrolet Aveo version is powered by a diesel engine.

The new features of the special edition of Chevrolet Aveo are height anti-lock brakes, adjustable driver’s seat, airbag for driver, leather upholstery, and gear knob, rear armrest with cup holders, steering wheel, and illuminated key cylinder. All these features will differ depending on the variant.

The Chevrolet Aveo is priced between Rs 5.96 and Rs 6.97 and the special edition also carries the same price tag.

First Nano Rolls out of the Showroom

This time finally the wait has come to an end as the first Nano car will be delivered by the Tata Motors. The lucky owner will drive home the world’s cheapest car which created a sensation in the car industry globally.

Everyone knows the trouble undergone by Nano but despite all that the people’s car made to its destination. With the price tag of Rs One Lakh the car is perfect for the family of four. Though the Nano lacks many features it is still the best car from the Indian car giant Tata Motors.

Available in three variants- Base, CX, and LX, it is the high-end variant which received the maximum bookings. The little wonder is powered by a 32 bhp 624cc multi-point fuel-injection petrol engine. The speed of the car is controlled by the 4-speed manual transmission.

With the seating capacity of four the car is best suited for people of every age and gender. With its attractive body colours Nano is ready to rock on the Indian roads with a very cheap but effective price tag. Once the car starts tasting the success it will be followed by its siblings like the diesel version and automatic version of Nano. In future the Nano hybrid too is on the cards of the company. So just wait, watch and enjoy the Nano dominating the Indian streets.