Lexus mulling Indian entry with RX crossover and ES sedan Lexus, Toyota’s flagship brand is mulling to enter the Indian market once again. While a definite time period of entry hasn’t been specified yet, a report puts it sometime in the last quarter of 2016 or early 2017. The report also adds that Toyota Kirloskar Motor had initially planned to showcase the Lexus brand in India at the upcoming Auto Expo (February 2016), but has dropped the plan now. According to the report, Toyota plans to introduce Lexus brand in the Indian market through the launch of two models – the RX luxury crossover and the EX sports sedan. Sources close to the publication have mentioned that the company has already had discussions with several of its existing Toyota dealers to sell Lexus vehicles in the country, and is now trying to finalise its pricing strategy. It’s still not clear if the cars will be assembled locally or imported and sold in India as completely built units. Back in 2013-14, Toyota had contemplated launching Lexus in India. It was almost ready for launch, but because of a steep depreciation in the rupee – which would have inflated the price in India – compelled the world’s largest carmaker to delay the plans.
A price hike was announced today by Skoda Auto India across its model range starting 1stJanuary 2016. The increase in prices varies from 2% to 3% across their entire portfolio. This amounts to an approximate increase by Rs. 14,000 to 50,000 depending on the model and variant. Skoda cited reasons such as increasing input costs and changing market conditions to justify the hike.
Lexus okke ethra price chaiyum ivar? Landcruiser thanne overpriced aanu. Lexus athintem mukalil aanu. Aa range il price ittaal valare niche aakum.
allengilum lexus onnum major luxury car makers aayi compete cheyyan povunnilla. innu thanne BMW, Merc okke ethra peru features okke nokki vaangunnundavum? That way Lexus doesn't offer much in terms of identity
Indian auto major Tata Motors followed other carmakers by hiking the prices across its model range. The hike will be effective from the first month of 2016 with the increase being upto Rs.20,000 on some models. Tata motors said in a statement that they decided to increase the prices of their passenger due to the impact of various macro-economic factors. Companies such as Skoda, Toyota, Nissan, Maruti Suzuki, Hyundai, BMW and Mercedes Benz have also recently announced their respective price hikes and now Tata joins the bandwagon.
Indian auto major Tata Motors followed other carmakers by hiking the prices across its model range. The hike will be effective from the first month of 2016 with the increase being upto Rs.20,000 on some models. Tata motors said in a statement that they decided to increase the prices of their passenger due to the impact of various macro-economic factors. Companies such as Skoda, Toyota, Nissan, Maruti Suzuki, Hyundai, BMW and Mercedes Benz have also recently announced their respective price hikes and now Tata joins the bandwagon.
The billion dollar Mahindra Group has finally purchased the controlling stake in the iconic Italian brand in automotive and industrial design, Pininfarina. Following the acquirement of the South Korean carmaker Ssangyong and the scooter unit of PSA/Peugeot-Citroen, this deal marks Mahindra’s third major takeover in the automotive sector. Founded 85-years ago by Battista ‘Pinin’ Farina, the Italian design house is a legendary styling brand best known for its stunning designs for Ferrari, GM, Peugeot and the Alfa Romeo. It has designed almost 1,000 cars across brands over the years. The Mahindra Group has bought 76% of the 85-year-old design house at a cost of 25.3 million euros (approximately Rs 186.64 crore). The acquisition will be carried out through a Special Purpose Vehicle (SPV).
Datsun redi-Go hatchback spied; could début at the Auto Expo 2016 with prices starting at INR 3 lakh The front end of the upcoming Datsun redi-Go budget hatchback has been spied for the first time. For those who need a background check, the redi-Go (codename – I2) is set to be Datsun’s third offering in India after the Go and the Go+. It’s the second prong of Renault–Nissan Alliance’s two pronged strategy to take on the likes of the Maruti Suzuki Alto 800 and the Hyundai Eon 800 in India.
