Another Year before Hyundai Equus Gets Launched in America

The Korean company, Hyundai, is in for the competition, the second generation of Hyundai Equus will be soon travelling to America. There are many reasons why Hyundai is planning for this launch and we know them why.

Hyundai will not be shattered by the news about the growth and acceptance of other Asian cars, such as Indian and Chinese, among the American crowd but it will surely be on the toes. This new car launch can be seen as a product of thought, a thought for sustenance. Never think that the Hyundai is struggling, it is certainly not, but there is certainly suffocation.

The Americans has a huge list of cars to choose from and this Korean made luxury cars must not have been a candy for them until before the economic slowdown, but now it may, as the Americans are trying to reincarnate themselves from all the bitterness’s of the recession and this may make them to think in line with Equus.

Based on an all-new Hyundai Genesis luxury sedan platform, the Hyundai Equus is expected to launch in America by mid 2010. The specifications, pricing and the final name of the car is not yet decided. But all of this is expected to be announced by the company early next year.

Hyundai is anyway expecting a huge line fans for its Equus, but beware, one never knows what will happen to the American car market in the next one year, unlike now,it may not breeze a positive current for the Equus and the one year delay may do harm to Hyundai. So make hay while the sun shines.

Taxi Version of Santro is out in Mumbai

 Santro from the Hyundai will be now seen in the black & yellow attire on the streets of Mumbai. At the ceremony organized in Mumbai, Hyundai handed over the first batch of Santro to the Taxi Union

Mumbai city which currently holds 50,000 taxis will be seen with only 30 Santro taxis initially as per the decision taken by the Taxi and Auto rickshaw Welfare Sangh. The state government has also decided to phase out 25 years old taxi models.  By 2009 the state government is planning to replace 7,000 old taxis.

The car manufacturer will sell around 1,250 Santro taxis, out of which 500 will be equipped with come with AC.

The company will also sell the tax version of Santro at a special price of Rs 2,42,300 for the taxi purpose in Mumbai. This is for the first time the car manufacturer entering the taxi segment.

Santro was launched in 1998 in India received a very good response from people leading to a good sales figure.

Santro from the Hyundai will be now seen in the black & yellow attire on the streets of Mumbai. At the ceremony organized in Mumbai, Hyundai handed over the first batch of Santro to the Taxi Union
Mumbai city which currently holds 50,000 taxis will be seen with only 30 Santro taxis initially as per the decision taken by the Taxi and Auto rickshaw Welfare Sangh. The state government has also decided to phase out 25 years old taxi models. By 2009 the state government is planning to replace 7,000 old taxis.
The car manufacturer will sell around 1,250 Santro taxis, out of which 500 will be equipped with come with AC.
The company will also sell the tax version of Santro at a special price of Rs 2,42,300 for the taxi purpose in Mumbai. This is for the first time the car manufacturer entering the taxi segment.
Santro was launched in 1998 in India received a very good response from people leading to a good sales figure.

India to See More of CNG Cars

Indian car market is to witness the launch of more CNG-driven cars. It is believed to one of the most popular automotive fuels of the future. The key factor driving the popularity of CNG is the fact that the supply of natural gas is to increase to 200 mmscmd (million metric standard cubic metres per day) with about 80 mmscmd flowing from the Krishna Godavari basin of Reliance Industries.

Currently, Maruti is developing engines that run on CNG and is also planning to roll out CNG-driven cars from all the segments. Following the footsteps of Maruti, car manufacturers like Mahindra, Hyundai, and Nissan are also exploring lucrative opportunities in this area.

Car manufacturers were even planning to introduce more of LPG cars. But aware of the fact that the running cost of CNG-driven cars is lower than the LPG cars, all the car manufacturers shifted to CNG. This eco-friendly and cost-efficient fuel is definitely to set new benchmarks in the Indian car industry.

Hyundai i10 Celebrates Three Lakh Happy Customers

New Hyundai i10 Cars In India

Hyundai i10 celebrates three lakh happy customers because of its excellent styling, beautiful design cues, innovative technologies, and penetrated elegance. The first i10 was rolled out on Indian roads in October 2007 and it went global in December 2007. Since then the Hyundai i10 is continuously climbing the value chain by winning the hearts of car buyers across the globe.

Of the three lakh cars that are sold about 1.4 cars were sold in the domestic market and the remaining 1.6 cars were exported across Latin America, European Union, Middle East and South East Asia.

Hyundai has constantly focused on providing the best for its customers in all arenas. Whether it is design, technology, or the value for money, Hyundai has always experienced resounding success. And sales of three lakh Hyundai i10 ensure the car manufacturer that their valued customers strongly believe in the company’s belief of providing the best.

The Hyundai i10 that meets the stringent safety and emission norms have now become an undoubted segment leader in both Indian as well as international markets.

Continental AG sets up an Electronic Manufacturing plant in India

Even with so many fluctuations happening with the Indian car market structure there is one more automotive company that has established its plant in India. The German automotive major, Continental AG, has set up a Greenfield plant in India’s IT focusing to manufacture electronic components for the growing automobile market in the sub-continent.However this plant is located in the Bommasandra Industrial Area on the outskirts of the Bangalore city and has made an investment of Rs 2.2 billion high-tech facility, with a research and development centre.

This centre will manufacture instrument clusters for cars, commercial vehicles and two-wheelers, electronic control units for power-assisted steering and body control units for interiors, immobilizers and engine management systems for diesel and gasoline engines,.

The company senses that the flourishing Indian automotive market has become deliberately important for them to expand their business in the sub-continent.

However the Continental AG is catering electronic components and systems to Indian global OEMs like Maruti Suzuki, Hyundai Motors, Tata Motors, Ashok Leyland, Mahindra, General Motors, Ford, and Skoda.

Car manufacturers magnetize the buyers by promotional schemes and discounts

Car buyers can now think a step ahead to buy cars as many of the car makers are offering enormous discounts and promotional schemes. This is essentially done to attract customers to showrooms and remove the negative sentiments that have bothered many of them due to the high interest rates, ever rising fuel cost, inflation and mounting costs of raw materials.

India’s major car manufacturers are offering great discounts like the General Motors has announced a special discount price of Rs 26000 on its entry-level compact Spark. The company had initially sold the car for Rs 3.33 lakh and gave an exceptional offer of selling it at Rs 2.92 lakh, but now it has further cut down to Rs 2.66 lakh (ex-showroom Delhi).

However this special price is offered as a result of improved localization on the Spark coming out of operational efficiencies due to the increase in production volume. And the interesting factor is the discount comes on top of the special three-year free service package offer on Spark.

Apart from General Motors many other companies are also offering gracious discounts like Maruti Suzuki is offering a cash discount schemes for the models WagonR and Zen Estilo offers Rs 21,000 cash discount. The Maruti 800 and Versa have discounts of Rs 5,000 each and the Alto of Rs 10,000. Even Hyundai is also offering a free fuel voucher worth Rs 2,700 with every Santro and i10. The company is also planning to offer a ‘reduced EMI’ scheme when people upgrade to its cars. And even Tata Motors is also offering discount on its cars. So wake up folks the ball is in your court!

From i10 to i20

Tata’s Nano launch has created a repel among the auto industry across the world. Now other car makers are also trying to bring out more models and options for existing models to beat up the Nano fever.

Hyundai is also set to launch the diesel variants of i10 by 2010 and Santa Fe – its premium SUV (sports utility vehicle) – in India in April 2008. But for an immediate action, Hyundai is planning to roll out i20 in India – an upgraded version of i10 compact car – by the end of next year as said to major Business daily by its spokesperson.