Bharti Axa General Insurance, a leading insurance provider in the Indian market, launched an add-on insurance product for car owners in the country in which it will offer a full purchase price of the vehicle for the first two years in the case of theft or loss to the customers. According to a statement given by company's CEO and Managing Director Amarnath Ananthanarayan, to a leading Indian news daily, currently, other insurance companies give cover to the customers on depreciating value, which ...
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Today the percentage of people wanting to buy a new car from fleet sales has increased considerably. This new trend has gained such popularity so quickly because of the fact that car brokers these days are offering various models of new cars through these fleet markets. Also buying a car from fleet sales is a lot easier. First there is minimum negotiation involved, second you buy a car in wholesale price and third you have to spend less time at the sale venue! However, since fleet markets put ...
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The leading Germany automaker BMW has started the production of its much anticipated second generation BMW X3 SAV model at its Spartanburg plant in South Carolina, USA. At present, the company manufactures its popular SUVs and Z4 Sports Convertible models at this plant. The South Carolina plant of the company has been a center of expertize for the manufacturing of the X-series vehicles of the company and all of the X-series models of the company's global portfolio are built here. The BMW X3 ...
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The Germany luxury car maker Audi is planning to start a second manufacturing shift at its existing plant in India. The move will be taken in a bid to meet the upward shooting demand for the luxury cars in the Indian market. The addition of a new shift at its current facility can be seen as a big step ahead in the direction of achieving its aim of registering a double-fold increase in its sales in the Indian market by year 2015. The luxury car segment in India is expected to grow by more than ...
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Honda Siel Cars India (HSCI), the Indian unit of Japan based leading car maker Honda Motors, stated on Thursday it will be introducing a less then 2.0 L capacity diesel engine in the world market. The new diesel engine is expected to be introduced in the Indian market after its launch in the European market in year 2012. It is to be mentioned here that the company doesn't sell a diesel version of any of its cars in the Indian market as all of its India portfolio vehicles are available in only ...
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The German luxury car maker Audi has registered increased sales not only in the last month but also in the Jan-August'10 period. The company could manage to sell 250 cars in the last month which shows 46 per cent increase over August 2009 sales of 171 cars. In addition to that, the company posted 1876 units of car sales in January-August 2010 period that is accounted for 66 per cent growth over the corresponding period in 2009. The sales stood at 1128 units in January-August 2009. The sales of ...
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Mahindra Bolero, the best-selling SUV (sports utility vehicle) in the Indian market, has been going through a golden phase in the Indian market as the company is registering a massive demand for this car in the country, especially from the rural areas. But the company seems to be struggling to meet the upwards shooting demand for this vehicle as its supply has been bottle necked in the country since last few months. At present, it takes anywhere between 4 to 6 weeks to deliver this vehicle in ...
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Volvo, the Swedish automobile company, is all set to introduce two new variants of 1.6 L GTDTi powertrains that are christened T3 and T4. The variants will be launched at the upcoming Paris Motor Show. These mills will be used in 2011 Volvo S60. These new innovative engines are incorporated with latest Gasoline Direct Turbocharged Injection (GDTi) that ensures higher power and torque keeping mileage level at its best. The company has kept environment concerns in mind and designed the engines in ...
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The auto industry is changing, and engine technology is leading the way. This year marks an historic one for the auto industry; with the launch of several electric vehicles, it seems like it will be hard for Mountain View luxury cars to keep up. Fortunately for us, there is a light at the end of the tunnel that could develop into a game-changing innovation, one that will help the shifting dynamic in engine technology burst forward into the progressive driving future. The first cars in the ...
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Thus, with such success, Maruti cars are the most trusted when it comes to buying second hand vehicle. Maruti has been innovating into newer, better and more unique ways to target the customers and top the rank in the list of car companies with many new cars launched every week. Maruti Omni is regarded as country's trusted car and from then Maruti held its place in the car market. When buyers wish to invest in buying used cars, one always gives preference to cars under Maruti Company as it is ...
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