Pictures of Duble Decker trains in India

duble Decker train

duble Decker train

duble Decker train

duble Decker train

duble Decker train

Duble Decker train

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Land Rovers Rocks in China

Land Rover sales in China rose 63 % to 17,812, while Jaguar climbed 92 %in the first half of the financial year beginning April 1. Tata motor believes China to become the second-largest market for Land Rover, and the third-largest market for Jaguar in this year.

Luxury carmakers are exploring  China to boost their growth. German luxury-car manufacturers’ sales last year were propelled by demand in China, where they all posted sales gains of at least 30%, led by a 65% jump for Stuttgart-based Porsche. Audi Chief Executive Officer Rupert Stadler estimated last month that China’s car market will expand about 8% in 2012.

Renault Upbeat on Indian Market

Mumbai: Renault the French auto major, which is keenly looking to get into the compact car segment in india to increase its market exposure, has waved the speculation of Indian media who were expecting that company is going to enter the sub-1.5-litre segment.

Renault  has revealed that they have ambitious strategy to unveil its petrol variants of compact  when Government decides to levy higher excise duty on diesel cars in upcoming union budget.

Mr Len CurranRenault India Vice President Sales and Marketing, told that Indian people changing their car much faster and so here is the growing market for the higher engine capacity . 

He also indicated that going for a sub-1.5-litre car will need a far bigger dealership network across the nation which is nit with the company.

Renault has previously revealed that it will roll out five new cars in coming  one and half year, of which it has already launched two by now.

Mr Curran has reflected the company thinking that there is a chance that Indian Government is looking to increase a higher duty on diesel cars. “If they do so, we already have a plan in place. We will look at launching petrol variants of our compact cars,” he said.

Mahindra to Unveil New Reva in 11th Delhi Auto Expo

The Bangalore-based Reva Electric Car Co which was earlier aquired by Mahindra and Mahindra and renamed as Mahindra reva is known as leading petrol free electric car maker in India.

Company is working on the improvement and continuing with the same series it is going to unveil its improved version of New Reva a  four-seat, two-door hatchback .

This is fitted with powerful lithium-ion with a 150 kmph range coming and will come in 2 variants with a price of 4.9-5.4 lakh.

The company is also considering showcasing other models that include Reva NXR, and the REVA NXG (NeXt Generation).

BMW to Launch Mini in India during Delhi Auto Expo

German car maker BMW is all set to launch its small luxury car Mini cooper, in India Mini is likely be positioned against the Fiat 500 and the Volkswagen Beetle.

The price of the mini beauty is expected to be about Rs 25 lakh.

The company will be showcasing the Mini range of cars at the 2012 Delhi Auto ExpoIndia is among the few markets where BMW is yet to introduce its gem the Mini.

http://goindocal.com/business-%BB-auto-bmw-to-launch-mini-in-india-during-go-3389.htm

FIIs withdrew $4 billion from Indian stock market in 2011

Flagging off the Year 2012 on a liberalization note, the government of India has allowed Qualified Foreign Investors (QFIs) to directly invest in the Indian equity market.

The decision comes due to sustained outflow of FII investment from Indian equity market which has resulted in rupee volatility by depreciating Indian currency by 16% in 2011.

http://goindocal.com/business-%BB-market-fiis-withdrew-4-billion-from-indiago-3390.htm