Showing posts with label India. Show all posts
Showing posts with label India. Show all posts

Video: Asian Car and Motorcycle Accidents Compilation



As most motorists are already aware of, there are many ways to get into an accident, be it your fault or another driver's error.

In the video after the jump, a Youtube user compiled a 7-minute-long clip with all sorts and types of automobile and motorcycle related incidents that allegedly took place in numerous countries of Asia (though understandably, there's no way of ratifying this claim for each and every crashe seen in the clip).

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As Nano Sales Fall, Tata Motors Invests on Jaguar and Land Rover to Raise Profits



When Tata Motors bought Jaguar and Land Rover from Ford in 2008, it had great plans for both brands. Driven by sales of the sub-$5,000 Nano, the Indian conglomerate would have enough funds to secure their future. Now it seems that the tables have turned, and it's the Jaguar Land Rover (JLR) unit that may have to bring in the profits. Read more »

Ford Announces 45% Increase in Sales in India


Ford's India subdivision announced today that it sold 71,347 units from January 1 until July 31, which corresponds to a 45% increase compared to the same period of 2010 when it delivered 49,131 units.

The Detroit firm wants to further increase its presence in the country and has announced the signing of an MoU (Memorandum of Understanding) with the State of Gujarat to invest approximately $1 billion to build two new plants in addition to the one in Chennai, for vehicle and engine manufacturing on a 460-acre site in Sanand.

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Mahindra Wants to Become “India’s First Global Cult Brand”


M&M is not just a well-known candy but also the name of a part of the Mumbai-based Mahindra Group - an Indian conglomerate with a market value of $17.6 billion that has 119,900 employees in more than 100 countries and is involved in almost everything from banking and agribusiness, to aerospace technology and real estate.

M&M, which stands for Mahindra & Mahindra, is the flagship company of the Mahindra Group and has a presence in both the automotive and tractor businesses. Anand Mahindra, son of one of India’s richest families, leads the company.

Mahindra certainly has great ambitions for his company and SsangYong, the bankrupt Korean manufacturer which he bought in November 2010. Automotive News reports that Anand recently stated “We want to be India’s first global cult brand”.

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Toyota to Launch New Small Cars for China, Brazil and Indonesia


Toyota is planning to launch a new small car designed specifically for China in 2013, according to a report from Reuters citing the Nikkei business daily newspaper.

The new small car will be a little larger than the low-cost Etios that is sold in India. A 1.5-liter gasoline engine will power it and prices are expected to begin from under 1 million yen (approximately US$12,853).

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Tata Considers Developing Engines with Jaguar and Land Rover


Tata Motors’ owner, Ratan Tata, confirmed today in the company’s annual report that the Indian carmaker is considering developing an engine in cooperation with its Jaguar Land Rover division.

"To optimize the synergistic strengths between JLR and Tata Motors in India, an examination is also under way on a joint engine development program which would have manufacturing facilities both in the U.K. and India," Ratan Tata stated.

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Meet the Most Happy-go-Lucky Driver in the World [Video]


Upon viewing this accident that was caught on a security camera for the first time, the initial reaction is shock: a large bus (seemingly) drives through a red light and crashes with an oncoming bus at the intersection.

Take a closer look at the footage though and shock is quickly followed by bewilderment when you notice a small green vehicle, which looks to be a three-wheeler tuk-tuk (or rickshaw), passing between the two busses milliseconds after the impact and just as the second bus falls onto its side!

From what we can tell, the green tuk-tuk came from the park and turned right on the central road. The accident reportedly happened in Bangladesh on Monday. Check it out for yourself in the clip after the break.

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Nissan Announces New Midterm Business Plan, will Introduce a New Vehicle Every Six Weeks for Six Years


Japanese carmaker Nissan Motor Co. revealed on Monday its new midterm business plan dubbed “Power 88”, with which it aims to boost both its global market share and profit margin to 8 percent within six years – hence the “88” reference in the name. Last year, Nissan, which is 44.3 percent owned by French partner Renault, had a 5.8 percent global market share.

The new plan calls for the introduction of 52 new cars for fiscal years 2011 to 2016, or about one new vehicle every six weeks.

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Locally Made Right-Hand-Drive Renault Duster to Launch in India


The Renault-Nissan Alliance is gradually expanding the availability of its Duster small SUV, originally branded as a Dacia, to more international markets. Following the recent presentation of the Renault Duster for the South American region at the Buenos Aires Motor Show, today, the French firm confirmed its launch in India.

To be sold under the Renault marque, the right-hand drive [RHD] version of the Duster will be fully produced at the Renault-Nissan Chennai plant in India and rolled out across the local market in the second half of 2012. The RHD Duster will also be available in the UK starting from next year.

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European Automakers Demand a Fair Deal in Emerging Auto Markets


At a recent meeting of the European Automobile Manufacturers Association (ACEA), industry leaders voiced their concerns over government assistance, high import tariffs and other trade barriers in newly minted auto markets such as China, India and South Korea. It’s a situation that’s made it very difficult, if not impossible, for the Euros to compete.

Dieter Zetsche, CEO of Daimler and the President of ACEA puts it well: “We are asking for a level playing field.”

Paul Everitt, CEO of the UK’S SMMT motor industry group echoes those remarks: “Our vision is for us to design, develop and manufacture high-value vehicles to export around the world. That is difficult if we don't get access.”

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Investigators Uncover Multi-Million Pound Tax Scam in India; European Exotics, Foreign Diplomats and Bollywood Actors Involved


In what sounds more like the plot of a The Fast and the Furious movie than real life, investigators at India’s Directorate of Revenue Intelligence office (a.k.a. India’s IRS) have uncovered a massive exotic car smuggling operation in the nation’s capital of New Dehli. It all has to do with India’s notorious 100% import tax on new luxury vehicles.

It began with one New Dehli luxury car dealer, Sumit Walia, importing brand new luxury cars on forged invoices. These invoices listed the cars as second-hand, which saved Walia – and his customers – some 40% on import tax. Some of the cars – which included Porsches, Bentleys and Aston Martins – were found to have been stolen from the streets of Britain, France, Singapore and Japan.

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Jaguar-Land Rover Opens Assembly Plant in India, Rolls Out its First Model [with Video]


Gone are the times when you knew where cars were made just by looking at the brand, and when luxury carmakers made the manufacturing of their vehicles in their home country one of their top selling points. Nowadays, you have BMWs built in China, India, South Africa and the USA, Mercedes-Benz cars made in Russia, Thailand and Egypt and so on.

The latest premium automaker to go global is the Jaguar-Land Rover group, which inaugurated its first Indian factory on Friday. A Land Rover Freelander 2 SUV was the first vehicle to roll out of the assembly plant, which is located just outside Pune in the Maharashtra region of India. We’ll remind you that Ford Motor Co. sold Jaguar and Land Rover to India’s Tata Motors in 2008 after losing some US$15 billion in two years.

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Pakistan’s Hell Road is Not for the Faint Hearted [Video]


Pakistan’s 240 kilometre (149 mile) Lowari Pass is the only supply route between the town of Dir and the small villages in the mountainous Chitral Valley. It is here on the Afghan border in the country’s northwest that truckers risk their lives for a paltry US$60 (Pakistan’s average wage) and a bonus of US$180...if they make it back alive and with their precious cargo unharmed.

The trucks are old, some nearing the one million-kilometer mark (620,000 mile) on the odometer, with avalanches, landslides and falling rocks marking the four-day journey. The roads are worn and there are no crash barriers; there is not even enough room for two trucks to pass side by side. The highest point is 3,100 metres (10,170 feet) above sea level where the air is so thin it is difficult to stay awake or even move. Brakes overheat on the descent and without them death is a long drop to oblivion.

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Ferrari Opens Shop in India, Cheapest Model Costs Half a Million Dollars


The first ever Ferrari dealership in India opened its doors today in the heart of New Delhi. The Grand Opening, which was hosted by Ferrari CEO Amedeo Felisa, Ferrari Commercial and Marketing Director Enrico Galliera, and Ashish Chordia, Chairman of the Shreyans Group, the official Ferrari importer for India, was devoted to the members of the local and international press. India is the 58th country where Ferrari is present in the world. Read more »

Polk Gives us a Peak at Vehicle Density in Emerging Markets


According to Polk, an automotive statistics website, one of the key performance indicators of a maturing auto market is the number of cars per 1,000 people or the nation’s “vehicle density”. Ten years ago in the U.S., for instance, it was 453 vehicles per 1,000 people. What with the global financial crisis and high fuel prices resulting in many people selling their cars, this has now dropped to 419 per 1,000 and is expected to continue its decline to 414 per 1,000 by 2015.

In the increasingly economically developed BRIC countries, that is Brazil, Russia, India and China, it’s not as dense but it is emerging. In Russia, for example, it’s 235 vehicles per 1,000. In India and China, it’s more like 27 vehicles per 1,000. Though consider this: with populations topping 1.6 and 1.3 billion respectively, 27 vehicles per 1,000 would be more like 100 vehicles or plus per 1,000 if those nations had population numbers equaling the United States.

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VIDEO: Indian Daredevils and the Well of Death


The ‘circle of death’ is neither new nor shocking, but it’s one thing to see a professional stuntman who follows the necessary safety precautions doing it and another a group of gifted but nevertheless amateur daredevils going at it in a shoddy well made out of wooden planks with the crowd only inches away….

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Aston Martin Enters Indian Market, Opens its First Dealership in Mumbai


British sports car-maker Aston Martin announced its first foray into India’s booming luxury market on Friday with the opening of its first dealership in the country located in the city of Mumbai. India’s car market posted sales of 1.87 million units in 2010 recording an impressive 25 percent increase over the previous year. More importantly for brands like Aston Martin, the premium car sector grew by a staggering 70 percent last year.

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Tata Nano Sales Rose by 1,136% in December


In an effort to boost sales of its US$2,900 Nano micro car, India's Tata extended the warranty and offered easier financing in December, while it also launched a new advertising campaign that included a TV spot.

It turns out that this was a smart move, as sales of the Nano spiked reaching 5,784 units, which represents a 1,136% increase over the 509 units the company shifted a month earlier. This is still below the 9,000 monthly sales record achieved in July, but it seems that the Nano is back with a vengeance for 2011.

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Tata Nano Sales Rose by 1,136% in December


In an effort to boost sales of its US$2,900 Nano micro car, India's Tata extended the warranty and offered easier financing in December, while it also launched a new advertising campaign that included a TV spot.

It turns out that this was a smart move, as sales of the Nano spiked reaching 5,784 units, which represents a 1,136% increase over the 509 units the company shifted a month earlier. This is still below the 9,000 monthly sales record achieved in July, but it seems that the Nano is back with a vengeance for 2011.

Read more »
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