Tata Reduced Price of Manza, Indica

Tata has announced reduction of price of Tata Indica and Tata Manza. Recently Tata's MD said Tata need to tweak its strategy of small cars in India market. We expect newly designed cars from Tata in future.

Tata has reduce price of all models except Tata Nano from 25,000 to 50,000 rupees.

It is sad that FM has announced extra excise duties on SUVs, Tata and Mahindra, which are Indian car manufacturers having major shares in SUV market, have to increase prices of their SUVs.

Recent news says JLR is also investing few billions in research of designing new cars from scratch.


Car sales performance in February 2013

Car sales in 2013 was down due to few reason. One important factory is fuel price hikes, hike in car price due to input costs increase.

Tata Motors sales was down by 33 percent in February 2013.
Honda cars' sales was down by 26 percent in February 2013.
Toyota car sales was down 23 percent in February 2013.
Maruti Suzuki's sales was down by 8 percent in February 2013.
Hyundai survived by increase of 5 percent in sales in February 2013.
Mahindra's XUV 500 and newly launched quanto was doing well, and Mahindra posted increase of 11 percent in sales.

* All figures are compared with figure registered in February 2012.


JLR looking for manufacturing plant in india

Last week, finance minister P Chidambaram imposed 100% import duty on luxury cars which was earlier 75%. This simply means importing luxury cars would cost more.

JLR India : Jaguar XF