Honda all set to introduce its Tapukara plant

Honda India experienced extraordinary growth in sales after the launch of its diesel powered vehicles, including Honda City and Amaze. In order to cater to heavy demands with great supply, the company is all set to introduce its second manufacturing unit in Tapukara, Rajasthan on February 24. In case of incapability in the fulfillment of demand, it has planned to have additional shifts at the unit. Due to the high demand of Honda Amaze,...

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Reduction in Excise Duty

The Union finance minister, P. Chidambaram announced the reduction of the central excise duty on small cars, scooters/two-wheelers, SUVs and on large and mid-sized cars in the interim budget 2014. Segment Current Excise Duty Proposed Excise Duty Price Reduction Expected Two-wheelers 12% 8% Rs 1,500-2,000 Small cars 12% 8% Rs 15,000-20,000 Motor vehicles of engine capacity not exceeding 1500 cc  24% 20% Rs 32,000-48,000 Motor vehicles of engine...

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RISING DEMAND OF USED CARS IN INDIA

Demand for used car have risen because of the consumers increased concern to get the best value for their money  Average price of a used car increases about 10% year-on-year .but some dealers  disagree saying that used car still offer great value, as new car lose 15% to 30% of their value just in the first year of driving. Once knowing what you want, you can now easily do pre test drive research these days. Take the following steps *Set...

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AUTOMOBILE : SALES OF JAN 2014

According to SIAM, demand for cars has fallen in urban areas as compared to sales of rural area. Sales of passenger vehicles, which include cars and utility vehicles, fell 9.3% in January. Due to increase in factory gate duties and rising prices of diesel, sales of utility vehicle has decline. Demand for trucks and buses has been hit hard as industrial production and economic activity slows down. JANUARY 2014 SEGMENT SALES UNITS % CHANGE Cars 160,289 7.6% decline Passenger vehicles 9.3%...

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Various methods of selling used construction equipment.

The trade of used construction equipment is a substantial part of automobile industry  While selling heavy equipment, some people prefer a quick transaction and some wait for the best possible price. This way, the entire process looks simple but in real there are various complications involved due to different sales options along with constantly evolving business demands. Simply finding an appropriate potential buyer is just a one motto achieved out of a plethora of others tasks. All you need is an apt way to disperse your used equipment....

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