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In race of fastest motor bikes, India’s largest motorcycle manufacturing Hero MotoCorp landed in the market platform with its new 125 cc motorcycle ‘Ignitor’, ready to defeating its competitors with well experienced strategy.
On Tuesday, the India’s largest two-wheeler maker by sales launched a new road performer, 125cc Ignitor motorcycle, especially for youth.
According to the latest news from the Auto Expo 2012, Ducati has announced a statement that almost surprised everyone.
The company had announced the grand launch of the Monster 795 at the Auto Expo for a price of Rs 6.99 lakh.
Moreover, the expected cost of the superb sports bike from the Ducati Monster 795 was in the range of Rs 5-6 lakh.
On the other hand, Ducati India has been speedy to make compensation and declares the special launch of their new bike for the Monster 795 – Rs 5.99 lakh, ex-showroom.
In the meantime, the company had announced the launch of this bike at such a low cost for a limited period of time which will make it more affordable.
As per the news of business sector, around past 13 years the iconic Vespa re-entered the Indian market.
The range of Vespa scooters as parent Piaggio unveiled its range of scooters at the Expo, sport 125cc engines and will be available in the market from March.
However Piaggio licensed the production of Vespa scooters to Bajaj Auto Ltd from more than four decade ago.
Although the joint venture deed between both ended in 1971, the company partnered with LML Motors in 1983 as like Bajaj Auto, to make and sell scooters in India.
And this venture also exited in 1999, when LML acquired Piaggio’s stake.
Revealing its market potential and scope to grow, the chairman and MD, Piaggio Vehicles, Ravi Chopra stated in a statement, “Our foray into the Indian market
According to the fresh news from the technology sector, the well-known Japanese car maker [Toyota Motor Corporation] has recently announced to start the production of its sedan Etios and Live in India from 2013.
During the launch of new cars in the 11th Auto Expo 2012, Toyota Motor Asia Pacific President Hiroji Onishi said, “We are going to start the first production outside India from next year. It will be for the Latin American nation and the production base would be Brazil.”
Though, no further information was declared by the company officials about the production volume and the amount of investment for the new project.
As per the latest news from business sector, the well-know luxury car manufacturer BMW has recently announced the launch of two-new models on the very first day of the 11th Auto Expo 2012 in New Delhi.
BMW, the German car developer, has presented its new M5 super saloon costs Rs 95.9 lakh (ex-showroom Delhi).
During the launch of the new model, Andreas Schaaf, president, BMW India said, “BMW stands for a unique philosophy of driving pleasure, high performance, sophisticated sporting flair and aesthetics.”
In a statement issued by the company, the new model would be imported as a completely built up (CBU) unit at BMW dealers’ allover India.
According to the latest Business news, the Auto Expo 2012 is on and all the major companies are ready to showcase their products.
In addition to this, the Auto Expo Suzuki Motorcyles has recently announced to unveil two-wheelers.
Interestingly, Suzuki Motorcycles has unlike its more prevalent models in the west; the company has rolled-out a 125cc Scooter, the Swish and 110cc motorcycle, the Hayate at Auto Expo 2012.
Moreover, the 100-125cc segment is more than 70 percent of the Indian motorcycle market as well as the company wants to be a strong player in this category in the country.
On the other hand, the 150cc plus category is expanding at a very higher rate also commands more margins.
According to the latest report, the 11th Auto Expo has been started in the national capital from today and the country’s biggest car company Maruti Suzuki has come up with its new compact SUV XA Alpha as the car-manufacturer targets new market in India.
Moreover, at the launch of new compact car, Maruti Suzuki Managing Director and CEO Shinzo Nakanishi said, “India is on course to become one of the top automobile economies of the world, powered by the middle class and continued government support. Customers will become more and more sophisticated.”
Further talking to media, Mr. Nakanishi said, “The choice of automobile will be dictated more and more by the way of life of customers. We will launch new products and create new categories to their choice.”
As per his statement, the car company plans to increase the range of its K-series engine, along with diesel cars.