Friday, August 5, 2011
Thursday, August 4, 2011
General Motors India shelves plan to launch Cadillac
Even after getting a strong feedback from market for luxury brand Cadillac, GM India has shelved plans to launch it in the Indian market, a company official said.
"We have completed a survey on Cadillac and I must say it is having a strong brand recognition," GM India president and managing director Karl Slym said.
Slym, however, said that the company was not willing to sell the Cadillac brand in India which GM owns worldwide.
"We want to focus on Chevrolet at the moment for which GM India had invested a fortune on building infrastructure like plants," Slym told reporters here at the launch of the diesel version of the small car Beat.
Slym said that owing to the twin impact of rising interest rates and hike in fuel prices, the industry growth had slowed down between 10 per cent and 20 per cent.
"However, we will grow double the industry rate. Last year, the industry grew by 30 per cent and GM India grew by 60 per cent," Slym said.
In 2010, the company sold 1.10 lakh units across all the models.
Slym said that within the next 18 months, the company would launch five models including an LCV in all fuel variants.
The company was expanding the capacity of Halol (Gujarat) and Talegaon (Maharashtra) plant to 1.10 lakh and 1.7 lakh respectively involving an investment of US$ 500 mn.
source: economictimes.
"We have completed a survey on Cadillac and I must say it is having a strong brand recognition," GM India president and managing director Karl Slym said.
Slym, however, said that the company was not willing to sell the Cadillac brand in India which GM owns worldwide.
"We want to focus on Chevrolet at the moment for which GM India had invested a fortune on building infrastructure like plants," Slym told reporters here at the launch of the diesel version of the small car Beat.
Slym said that owing to the twin impact of rising interest rates and hike in fuel prices, the industry growth had slowed down between 10 per cent and 20 per cent.
"However, we will grow double the industry rate. Last year, the industry grew by 30 per cent and GM India grew by 60 per cent," Slym said.
In 2010, the company sold 1.10 lakh units across all the models.
Slym said that within the next 18 months, the company would launch five models including an LCV in all fuel variants.
The company was expanding the capacity of Halol (Gujarat) and Talegaon (Maharashtra) plant to 1.10 lakh and 1.7 lakh respectively involving an investment of US$ 500 mn.
source: economictimes.
Harley-Davidson Fat Boy Special comes to India at Rs 19.70 lakh Read more: Harley-Davidson Fat Boy Special comes to India at Rs 19.70 lakh
This model will be imported as a completely built unit and will be available across all Harley-Davidson dealerships in addition to the 14 models currently available in the 2011 line-up. Darker, with a lower seat positioning than the original icon of fat-custom style, the new Harley-Davidson Fat Boy Special retains the bold presence of the original Fat Boy while offering a fresh interpretation of the motorcycle that still defines the segment.
Speaking on the occasion, Anoop Prakash, Managing Director, Harley-Davidson India said, “The past year has been memorable with the opening of new dealerships, Harley Owners Group rides, new model introductions and commencement of complete knockdown assembly operations to better serve our customers in India. We are grateful for the tremendous response we have received from our customers and enthusiasts across the country. Commemorating this milestone, we are now launching the Harley-Davidson Fat Boy Special, offering a special take on the motorcycle that embodies Harley-Davidson’s rich heritage.”
In addition to its existing partnership with ICICI Bank, Harley-Davidson India has now partnered with HDFC Bank for a broad spectrum of services including consumer financing, dealer financing, and banking services that will support Harley-Davidson India’s plans of strengthening its business operations in the country and providing its customers easy finance options.
“We are delighted to welcome HDFC Bank as a preferred finance partner and are confident that our customers will be well served by the bank’s pan-India presence and competitive rates. This arrangement will help more motorcycle enthusiasts realize their dream of joining the Harley-Davidson community”, he further added.
Dressed in satin chrome, the Fat Boy Special model features a reshaped seat and handlebar that places its rider "in" the motorcycle, with the lowest seat height of any Harley-Davidson model. The half-moon footboards, black wheels and leather tank panel help Fat Boy Special rock to a singular, fat-custom beat. The Fat Boy Special is a Harley-Davidson Softail model with a rear-suspension design that mimics the lines of a vintage hardtail frame, but offers the comfort of modern suspension that is hidden under the chassis. A horseshoe oil tank located below the seat, forward foot controls or foot boards, and the classic five-gallon fuel tank are notable styling details of each Softail model.
A counter-balanced Twin Cam 96B™ V-Twin powertrain, rigid-mounted in the frame, powers the Fat Boy Special model. The rigid powertrain allows tight packaging of the engine within the frame. Rated at 125 nm of peak torque at 3500 rpm, the engine features Electronic Sequential Port Fuel Injection (ESPFI) and is finished in black powdercoat with bright machined highlights on the cylinder fins, and satin-chrome engine and primary drive covers. The 6-Speed Cruise Drive™ transmission features a new helical-cut fifth gear for smooth operation. Bookings for the Fat Boy Special will commence in August 2011, at Harley-Davidson dealerships across India.
Read more: Harley-Davidson Fat Boy Special comes to India at Rs 19.70 lakh | WheelsUnplugged
Labels:
Fat Boy,
harley Davidson,
India bike
Nissan to launch small-size cars in India
The company is working on small cars ranging 2-4 lakhs to compete with Maruti Alto, Hyundai santro and Cheverlet spark in the market.
The company is also planning to launch Multi-purpose Vehicle (MPV) with Ashok Leyland to compete against Toyota Innova.
The company was able to do good business with Micra which is a small size car launched in July 2010.
The company is presently looking forward over the launch fifth model--Sunny sedan. The car is based on micras V platform. This will be exported to west Asia and Africa.
The company sold 13,000 units of micra in the country. Nissan also sells the X-Trail SUV, Teana premium sedan and the 370Z sports car in India.
source: commodityonline
Labels:
nissan india,
small cars india
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