Showing posts with label demand of Indian cars. Show all posts
Showing posts with label demand of Indian cars. Show all posts

Tuesday, June 1, 2010

Cars with Automatic Transmission- Latest Trend In Indian Auto Market

There is no doubt in saying that Indian car industry always has something new to serve its people. Indian car industry comes up with efficient technologies and attractive designs that enhances one's driving experience, as well. Now lets talk about cars with automatic transmission, they are very common in foreign countries but in India, they are still gaining popularity. Most of the car manufacturers are gradually coming up with the new variants which are equipped with automatic gear box. Another important aspect that need to be considered, cars with automatic transmission is getting good consumer response and in turn experiencing good sales.
Indian cars with automatic transmissionIt has also been experienced that automatic cars are very popular among women drivers, as automatic transmission unit does not require a driver’s intervention while driving. The driver is only required to use the acceleration and brake pedals as and when required. So, he/she can comfortably enjoy the drive without having to change gears. And that is why women drivers feel easy to drive, which in turn leads to high sales growth of automatic cars.

Some of the models which are enabled with automatic transmission are Chevrolet Captiva (AT version), Honda City, Hyundai's i20, Mitsubishi Outlander, Fiat's Linea, etc. Unlike before, the car manufacturers are now coming up with five to six speed automatic transmission systems which result in better and improved pick up, fuel-efficiency and performance of the car.

Friday, May 7, 2010

Rising Demand of Indian Cars in The Overseas Market

Indian carsDemand for Indian cars in the overseas market is on the rise. Indian car makers are expanding their overseas presence more fiercely than ever, and that too at a time when global automakers are busy buffering themselves against soaring fuel prices. This has been reflected in the exports figures of the recently ended fiscal report. Export of Indian cars witnessed a robust 33.23 per cent growth.

According to the Society of Indian Automobile Manufacturers (SIAM), export of Indian cars from the passenger car segment touched a figure of 4,41,710 units in FY10 against 3,31,535 units in the previous financial year. The increase was primarily driven by the demand for Indian cars in the small car category in the European nations, which offered handsome incentives to those buying new cars in exchange of their old ones under a “scrappage incentive program.”

Indian car makers who reaped the maximum benefits from this incentive program included Hyundai Motor India and Maruti Suzuki India. On an overall basis, export of Indian cars grew by 17.90 per cent at 18,04,619 units in 2009-2010, which was at 15,30,594 units in 2008-09.

However, in a not-so-interesting recent turn of events, the scrappage incentive program got withdrawn from the European nations, and now the Indian auto industry experts and car manufacturers fear that this will hit the export of Indian cars to the overseas market rather badly. Another reason that is being sited for the prospective slump in the export of the Indian cars is the recent rise in demand for Indian cars in the domestic market.

Indian car market is poised to grow by an impressive 12-15 per cent this year, and the production facilities of the major car manufacturers are already in stretch and are struggling to meet the rising domestic demand. Now, whether the car majors are successful in living up to the demand of Indian car market while delivering a decent export figures at the same time, only time will tell.
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