Showing posts with label Petrol. Show all posts

Sunday, November 17, 2013

BMW Z4 Roadster Is Now In India

BMW India yesterday launched an up dated version of BMW Z4 roadster, a convertible with a hard top as a CBU (completely built-up) unit available at all BMW dealerships across India.

Available in a petrol variant, the new car is priced at Rs 68.9 lakh (ex-showroom). The DPT or Design Pure Traction edition has been priced at Rs . 69.9 lakh.

Commenting on this, Philipp von Sahr, president, BMW Group India said, “The new BMW Z4 embodies the excitement of dynamism and aesthetics in a more uncompromising style than ever before. The new BMW Z4 represents a time-honoured and yet alluringly contemporary interpretation of the traditional roadster concept. The classical proportions and unmistakable athletic character, armed with a raft of design and equipment innovations, bring more excitement to the new BMW Z4.”

By end of 2014, BMW India will expand its dealer network by increasing the number of sales outlets to 50 across all major cities and emerging markets. Currently, it has 37 dealers.

He added, “Due to recession, the year 2013, was not very easy for BMW India. Also, in the next year we may face challenges because of elections in India and Europe. It will continue till the new government is formed.

The market size is very small for cars like Z4, roughly about 500 units every year. But we are not looking for numbers. It is a very special product and very important for BMW as a brand value."

Source: Business-Standard
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- Unknown Updated at: Sunday, November 17, 2013

Thursday, September 12, 2013

Finally! Petrol Prices May Go Down By Rs.1-1.50

Petrol prices may be cut by as much as Rs. 1-1.50 per litre next week on falling international oil rates and appreciating rupee but a one-time hike in diesel and possibly LPG rates is still on the cards.

Oil secretary Vivek Rae said the issue of a one-time hike in diesel and cooking fuel rates "is a political and economic challenge" from which "we cannot run away."

"Some burden has to be borne by the consuming population. That is the challenge the government faces. It is a political challenge, it is an economic challenge, it is a challenge we cannot run away from," he said at a conference organised by Delhi Productivity Council here.

Rae said subsidy burden has reached unsustainable levels which cannot be financed by government budget and oil companies.

Oil subsidy, he said, had risen by Rs. 20,000 crore in last two months alone on depreciating rupee that made imports costlier.

With limited financial resources, the government cannot run the risk of inflating the fiscal deficit further as it would lead to further depreciation in the rupee and downgrade in credit ratings, he said.

Later talking to reporters, he said a decision on raising rates beyond the 50-paise-a-litre increases being effected currently would be taken after considering all options.

"Finance minister (P Chidambaram) himself has said that the decision has to be considered very carefully. So I guess all aspects will be taken into consideration before deciding what to do next. There are many options available," he said.

Officials said the softening in international oil rates and appreciating rupee will translate into a cut in petrol price on September 15/16.

Rae also said crude prices have come down after reduction in tension in Syria and rupee has also stabilised.

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- Unknown Updated at: Thursday, September 12, 2013

Tuesday, September 3, 2013

Grand, Spacious and now in diesel, its Hyundai Grand i10

Hyundai Motor India Limited launched its new hatchback Grand i10 in India at Rs. 4.30-5.48 lakh for the four petrol variants and Rs. 5.24-6.41 lakh for the four diesel variants.

The Grand i10 is a notch up from the successful but now-outdated i10. i10's sales have tapered in the last two years to below 100,000 units annually as it was adversely impacted by the shift in consumer demand towards more fuel efficient and smaller diesel cars.

When it goes on sale globally later this year, the Grand i10 would replace the existing i10, but in India both cars would continue to coexist.
The car has been touted as the buffer between the current i10 and the i20 — both in terms of price and specifications. But what makes the hatchback an Indian buyer’s delight? Its diesel variant.

The Grand i10 seemingly packs the punch that Hyundai has long needed to shake up the small car segment. It is available with a 1.2-litre Kappa petrol motor with higher tuning that develops 83 PS power and 116 NM torque. A 1.1-litre three-cylinder diesel variant — U2 — a derivative of the 4 cylinder 1.4 litre diesel motor that powers the more premium i20.

This motor belts out 71 PS power and 163 NM of torque. The diesel variant has come as a welcome announcement for those reeling under the burden of steeply increasing petrol prices. It has a rated fuel economy of 24 kmpl. The petrol variant delivers a fuel economy of 18.9 kmpl.

India’s second largest car manufacturer, Hyundai Motor India Limited has evidently made the move to challenge the supremacy of Maruti Suzuki in the Indian car market.

The hatchback adopts the international ‘fluidic’ design that is also present in the small cars i20 and Eon and sedans Verna, Elantra and Sonata.

However, the fluidic design is more understated here, possibly to differentiate it with the i20. Some of the features of the Grand i10 include rear air conditioning vents and 1 GB internal memory in the music system that does away with the need for a USB stick or compact disc. It also has push start ignition, a feature absent in the bestselling Maruti Swift.

A more spacious i10 with a diesel variant — sounds like a deadly combination, doesn’t it? The only concern would be the car cannibalising stablemates i10 and i20, something Hyundai would try to avoid as much as possible. But if all goes as planned for the Korean auto giant, this combo could end up delivering the knockout punch to other hatchbacks in the country and grab the best-selling tag.

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