Government About to Tighten Emission Norms for Two-Wheeler’s

Two-wheeler which is the highest selling segment of the Indian Automobile industry is all set to receive some tighter emission norms this week. The segment is collectively responsible for contributing significantly towards air pollution.

As per recent study around 80% of the total automobile sales in India are two-wheelers, which are responsible for emitting four to five times more oxides of nitrogen when compared to petrol cars.

Various studies conducted have suggested that pollution caused by two-wheelers in cities like Delhi is very high. Out of the 1.97 crore vehicles sold in India in 2014-15, two-wheelers accounted for 1.6 crore. While we support the industry as it is a vehicle for middle-income groups, two-wheelers need to comply with stricter emission norms," said a government official.

(Image Source: cloudfront.net)

See Also: Live Vehicles Bidding  Demo at Auto Expo 2016

Two-wheeler manufactures in India had earlier opposed this decision citing that tighter emission norms would impact the mileage of the vehicle significantly. As per the government norms NOx emission limit for BS-IV standard petrol car is 0.08 gram/km but for a two-wheeler, it is 0.39 gram/km. The BS-IV standard for new two-wheeler models will come into force from April 2016 & for existing model from April 2017.

With the government focusing on making long term policies that will help combat the air pollution, we hope that the companies & end customers understand the necessity of the same. While the government is making it compulsory for the manufacturers they would not have a hold on the say of customers as the two-wheelers with BS-IV standard will be slightly high on cost.

Looking ahead to buy second hand two wheelers in Delhi, visit Shriram Automall & experience their unique physical bidding platform to buy a pre-owned two wheeler easily from a wide range of vehicles.

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Shriram Automall India Limited at the Auto Expo 2016, Noida

Shriram Automall India Limited, India’s largest service provider for exchange of used vehicles & equipment will be participating in the upcoming Auto Expo in February 2016. The company will showcase a demo of its unique physical bidding event during the show along with unveiling its contribution towards organizing the unorganized used vehicle market in India.

Auto Expo is the largest Auto Exhibition that happens once in every two years. The show features world most renowned manufacturers including the GM Group, JLR, Bentley, Audi, BMW, Chevrolet, Datsun, Benelli, Fiat, Eicher, Hero & Honda to name a few.

Shriram Automall offers services for end users, dealers, Banks & NBFC’s etc. The company offers professional services to buy or sell used vehicles & equipment through its transparent bidding platforms. Customers can visit any of their nearest Automall to participate in a bidding event however they can visit couple of days before to physically inspect the used vehicles & equipment to place their bids on.

The company has tie ups with leading banks & NBFC’s of India who have chosen Shriram Automall’s professional services for disposal of their inventory.

You can visit Shriram Automall at Stall No. E3A, Hall No. 2 from 5-9th February 2016.

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Nissan to Showcase the GT –R at the Auto Expo 2016

As per reports Nissan will launch its GT-R in India in 2016; however the car will make its debut during the Auto Expo in February 2016, Noida. GT-R was launched in 2008 & is coming to the Indian market after long eight years on its launch.

(Image Source: indianautosblog.com)

The car is all set to rival the likes of Audi A8, Porsche 911 in India & it may be priced well low then both the two mentioned cars. The Nissan GT-R receives power from by a 3.8 liter twin turbo petrol v6 engine that makes a high 545 PS & 627 Nm of torque sent to the four wheels through the 6 speed manual transmission.

See Also: Auto Expo 2016 all set to witness a number of record launches

The company will also be unveiling the all new India-spec Nissan X-Trail Hybrid that will be imported via CBU route. The other cars that will feature at the auto expo by the group company will be the AMT version of the Renault Kwid, Datsun RedoGo & GoCross concept cars.

Some other cars that will feature at the Auto Expo 2016 will be America’s largest Automobile manufacturer Volkswagen’s Ameo Compat Sedan, Chevrolet Beat Sedan. Cars to feature from other automakers include Jaguar XE Sedan, Toyota Vios, Tata Kite compact Sedan, Honda Accord, Tata Nexon, Tata Hexa , SsangYong Tivoli & Mahindra Quanto/ Canto to name a few.

Shriram Automall country’s largest organized player for exchange of second hand vehicles & equipment will also feature at the event to market. You can visit them at Stall No. E3A, Hall No. 2 to experience their unique physical bidding event & to know more about the trends in used vehicle market etc.

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Hyundai India Getting Ready to Launch a Sub 4m SUV at the Auto Expo 2016

Hyundai Creta, winner of the best car of the year by ICOOTY for the year 2015 took the industry by storm & has received over 90,000 bookings. Now Hyundai is planning to take on the likes of Ford EcoSport, the forthcoming Maruti YBA and the Mahindra TUV300 by launching its all new sub-4 meter SUV during the Auto Expo 2016.

The all new compact SUV will feature a similar engine as of the Hyundai i20 and will be offered exclusively with a front-wheel drive arrangement. The source of its power will be the 1.2-liter Kappa petrol with Dual VTVT and the 1.4-liter CRDi diesel.

(Image Source: overdrive.in)

See Also: Mahindra to launch its all new kuv100 in January 2016

It is expected the company will only display the design of the car however the actual launch may take place in an years time. Hyundai Motors India Limited will set the price in between the Elite i20 & The Creta. The report states that HMIL is keen on having a 5-member crossover/SUV portfolio extending from the i20 Active to the flagship Santa Fe.

The company is riding high in a bid to dethrone India’s leading car maker, Maruti Suzuki as the company plans to enter into all new segments including the UV. The sub 4 meter SUV will get the excise duty benefit that will make its price range highly competitive.

With the new & impressing launches coming up soon we believe that the market will be on the rise, however if you wish to acquire second hand cars in India than Shriram Automall is the right place to be. The company offers a wide range of used Hyundai cars to choose from under a single roof. You may also take benefit from their professional allied services including easy finance.

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5 Motor Bikes To Make Their Debut In 2016

Here is the list of 5 top motor bikes that can make their debut in India in 2016:

Royal Enfield Himalayan

The Himalyan will be the next big launch by the company after the Continental GT which was launched in 2013 at a price of 1.95 Lakh. The all new bike will be the most affordable true-blue adventure tourer to be launched in the country. Believed to be launched in two versions – a city model and an off-road specific variant, the Himalyan will feature a 410 cc air-cooled engine with an oil-cooler that may produce around 28 PS and 32 Nm, mated to a five-speed gearbox. (Image Source: carblogindia.com)

BMW G310R

We all are aware & super excited about the fact the BMW & TVS Motor Company are coming out with an affordable super bike that will be both affordable & powerful. The BMW G310R, will make its high impact debut in India at the Auto Expo 2016 in Greater Noida in February. The model will be priced close to 2 lakh & will compete with the likes of KTM Duke 390. (Image Source: images.mcn.bauercdn.com)

Bajaj Pulsar CS400

The Bajaj Pulsar Cruiser Sport 400 was first unveiled at 2014 Auto Expo. The bike is a naked tourer that uses a modified version of the KTM Duke 390’s chassis and power-train. We can expect the launch by mid 2016 or during the Auto Expo in 2016. (Image Source: motorbeam.com) 

Suzuki Gixxer 250

The new gixxer 250 is an updated version of the entry-level Gixxer series. It is expected to be named the Suzuki GSX-R250 if not the Gixxer 250. To be displayed at the Auto Expo 2016 the all new bike features a 248 cc engine that does duty on the Suzuki Inazuma touring machine. (Image Source: bikeadvice.in) 

Hero HX250R

The Hero HX250R is all set to make its debut at the Auto Expo 2016. Unvieled at the Auto Expo 2014 thebike will compete with the Honda CBR250R, the Suzuki Gixxer 250 and the likes.
(Image Source: carblogindia.com)

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Ban On Diesel Vehicles Above 2000cc Boosted The Used Vehicles Market Growth

The new law by Supreme Court for ban of diesel vehicles above 2000 cc comes in as a breath of fresh air for the used car market industry. With the date of effect of the ban the market has seen a steep increase in the number of enquiries for the affected models.

Large manufactures including Audi, Mahindra, Ford, BMW, Hyundai, Tata and Toyota are witnessing major decline in enquiries of new their makes. Top models that are mainly effected includes include Toyota Fortuner, Mercedes A Class, Ford Endeavour and Porsche Cayenne. On the other hand enquiries & page views for all the above in used car segment has been increased.

 

See Also: Mahindra to launch KUV-100

 

In an immediate effort to curb rising pollution Supreme Court has banned the registration of luxury SUVs and diesel cars above 2000cc in the national capital as diesel cars are believed to be a major source of vehicular emissions.

In Delhi alone, 1400 diesel vehicles are registered every day, 30 per cent of these being strapped with engines of 2000 cc and above. It is the largest luxury car market in the country for car makers such as Mercedes, Audi and BMW making up for as much as a quarter of 38,000 luxury cars projected to be sold in the country by the end of this year.

The used vehicle market which is growing at 15-20% per annum is likely to show an increased growth this year due to the diesel vehicle Ban in the city. Now organized players like Shriram Automall who facilitates transparent exchange of used cars in India is making sincere efforts to offer widest lineup of used diesel vehicles in the city to help people overcome this problem in an easy way.

Shriram Automall is India’s first & largest platform to offer exchange of used vehicles at best price & time.

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India Bound Nissan X-trail – Displayed at the Thai Motor Show

The Thai motor expo is on in full swing & is currently displaying a lot of new cars & innovative ideas that will be on roads in future. The show also featured the all new Nissan X-Trail which is bound to be launched at the 2016 Auto Expo in India.

(Image Source: indianautosblog.com)

The all new X-trail displays the all new design philosophy and the car is based on Renault-Nissan’s Common Module Family (CMF) platform. Nissan X trail has dimensions of 4,640 mm, 1,820 mm and 1,720 mm in length, height and width respectively. The wheelbase is 2,705 mm while the boot space of the car is rated at 550 litres with the features of seats folded down in third row.

The cabinet features a 7 inch Nissan connect infotainment system & has a dual-tone layout with the centre console finished in gloss black. Overseas, the all new Nissan X-Trail offers a long list of features such as projector headlamps with LED DRLs, adjustable seats, electrically, Active Engine Brake, Active Traction Control and Active Ride Control, dual-zone climate control system, cruise control, Around View Monitor, Hill Start Assist, four airbags and Hill Descent Control. However it will be interesting to see how many features the Indian model will get from the list above.

The latest model of Nissan X based on Renault-Nissan’s Common Module Family (CMF) design, and whih will be one of the first products in India to ride on the platform. This latest model offers 550 litres of boot space and 7-seats (5+2) with the third row of seats down.

With these upcoming launches by Nissan in the coming year, the company is planning to increase their share in the market to 5% by 2020.

Meanwhile you can exchange your pre-owned cars with Shriram Automall easily to acquire a better used car that is high on feature & mileage. The company offers widest lineup of second hand cars in India & dispose it through their transparent physical bidding platform.

If you want a call back from Shriram Automall to assist you further, then submit your requirement here and get a call back at the earliest.

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India To Run On Ethanol Fuelled Vehicles Now

As the pollution level in the National capital & all over the country has reached to a dangerous level; the government is in a rush to implement policies that are intended towards curbing the rising air pollution. At first is the new Odd Even scheme proposed by the Delhi government that will stop the running of odd vehicles on one day & even on the other, this scheme has been opted from the successful run of similar scheme in Beijing this year. The second is ban on registration of diesel vehicles in the Delhi & NCR region by the supreme court of India. 

Now to curb pollution the ministry will next month announce a policy that will allow automakers to manufacture flexible-fuel vehicles in the country.

 (Image Source: resources.carsguide.com)

Transport minister Mr. Nitin Gadkari at the annual general meeting of the Indian Sugar Mills Association said "We are working on a policy on flexi-fuel vehicles. As per the policy, these vehicles can run entirely on ethanol, but they have option for petrol as well. I will make this announcement before January 26,"

According to the sources, countries like US and Brazil are already running their vehicles on Ethanol. So, there is no need to conduct a major research on the same. This new policy will not only help cut crude oil import but also address the problem of pollution as Ethanol fuel emits over 80% carbon dioxide.

To kick start this new initiative the ministry has asked Germany’s biggest car maker Volkawagen to produce flexi-fuel vehicles.

Director General of ISMA, Abinash Verma said, "This is the future... The ethanol producing industry will react once there is demand."

As the government is all set to announce a policy relating Ethanol; the Auto industry will respond as its not a problem for them to produce flexi-fuel vehicles for India. The demand & infrastructure to supply 100% ethanol for blending with petrol is required.

With these new & innovative policies coming in we are sure that the country will soon witness reduced Air pollution, making the air clean. Meanwhile if you are looking ahead to contribute your share to reduce pollution you can rush to Shriram Automall to exchange your petrol or diesel vehicle with used cars with CNG, you will find wide range of used car that runs of CNG at fair price.

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New cars that will feature at the Auto Expo 2016

Auto Expo the biggest Automobile show in country is back & has generated the much required hype in the industry. Major automobile manufacturers display the best of their vehicles at the show. This time the show is bigger & better. It is all set to display set new cars that all of us are eagerly waiting for.

2016 Audi A4

Based on the MLB Evo platform, Audi India is expected to showcase the B9 A4 at the Auto Expo shortly before its launch which may take place in the first quarter of 2016. The new A4 sports new features like the Matrix LED headlights, Virtual Cockpit, phonebox with wireless charging etc & is lighter by 120 kg.


2016 Audi R8

Audi is also expected to showcase the second generation 2016 R8 alongside the new A4. Currently offered in the European markets with the 5.2-liter V10 engine, the new R8 is based on a new space-frame construction.


2016 BMW 7 Series

As confirmed by the spokesperson of BMW the all new BMW 7 series will be showcased at the Auto Expo 2016. The luxury sedan is expected to be offered in India exclusively in the long wheelbase variant with a six-cylinder diesel engine.




Go-Cross Concept

First revealed at the Tokyo Motor Show this year the al new Go-Cross concept will be showcased at the Auto Expo next year. The GO-Cross concept is based on GO+ MPV platform, and expected to be positioned as a sub-4 meter crossover.

Ford Mustang

Mustang is what the Indian Automobile market has been waiting for & Ford is likely to showcase the same at the Auto Expo 2016. The Mustang would be the brand’s halo offering in the Indian market. Its GT-version with the 5.0-liter V8 engine undergoing homologation. (All Image Source: indianautosblog.com)

With these new cars coming to India we are sure exited that they are all set to hit the industry with a storm. Meanwhile if you are looking to purchase used cars than head straight to Shriram Automall India Limited, they offer the widest range of used cars at fair price. 

If you want a call back from Shriram Automall to assist you further, simply submit your requirement and get a call back!!

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Honda Showcases it’s all new CB Hornet 160R

Honda Motorcycle & Scooter India launches its all new CB Hornet 160R which is the company’s 15th launch of the year at a price of Rs. 79,900 (ex-showroom, New Delhi). As claimed by the company the bike is the first in India to meet the BS IV emission.  The bike will be available for sale in 21 cities from Friday i: e – 11-dec-2015 through its huge dealership points. Honda has also launched a new app for the booking of bike.

(Image Source: indianautosblog.com)

The all new CB Hornet is powered by 162 cc single-cylinder air cooled engine that develops 15.6 BHP of maximum power at 8,500 rpm & peak torque at 6,500rpm. The gasoline motor is equipped with Honda Eco Technology (HET) that helps the bike offer “high acceleration” and sporty performance. This system lowers engine’s weight and friction, and enhances its fuel efficiency. Transmitting power to the wheels is a 5-speed transmission with 1-down 4-up shift pattern. The bike is all set to give a tough competition to the likes of Yamaha FZ, Suzuki Gixxer & others.

See Also: BMW-TVS K03 Street Fighter to be launched in India

The bike's other features include X-shaped LED tail light, fully digital meter display, Combi Brake System, 140mm wide rear tyre and 5-spoke split alloy wheels. It also comes in 5 attractive colors – Neo Orange Metallic, Pearl Amazing White, Sports Red, Pearl Siren Blue and Pearl Nightstar Black.

With the launch coming at just at the end of year, we are certain that HMSI will also offer some introductory offer or discount to boost up the sale of bike all over the country. Meanwhile if you are looking for purchase used bikes in Delhi than paying a visit to Shriram Automall will certainly help you. Located at the outskirts of Delhi the Automalls offers a wide range of used bikes at fair price.

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Commercials Vehicle Will Now Come With A ‘Dying Out’ Tag

Increasing air pollution concerns in India has ringed the bells for one and all of the country and the government seems in a hurry to take some corrective measure to try & control air pollution. As a result of the concern the government is proposing the phasing out of commercial vehicles in order to keep a check on vehicular pollution. Today there are more than 3.5 crore heavy commercial vehicles plying on Indian roads when seen to a total of 18 crore registered vehicles in India.

As per the proposal, two-axle mini trucks are taken off the road after 12 years, multi-axle vehicles after 15 years and trailers after 25 years. As per a top ministry official this announcement will be made public soon & will also cover private vehicles.

(Image Source: mylearning.org)

As per the proposal private vehicles will be allowed to ply on the roads till they comply with the pollution & fitness norms however as for the commercial vehicles the criteria strictly remains the same of its age. Government decided to exclude private vehicles from the proposal as they ply less when compared with the commercial vehicles & the later deteriorate faster than the private vehicles.

See Also: Mahindra launched supro van and supro truck

The proposal is attracting some criticism as the pundits’ thinks that government is acting like a marketing tool for vehicles manufacturers. They cite that the government should try & fix the faulty engines supplied by manufacturers. They also state that these manufacturers should also clearly state the life of vehicle which will help customers taking an informed buying decision. Some experts also pointed out that a hasty decision in this regard can have negative consequences on small entrepreneurs.

With these sudden proposals coming from the government we can clearly see that the government is in full swing to turn the things around but at what cost has to be identified & discussed at a panel of experts.

Meanwhile if you are interested in buying used commercial vehicles at fair price than a visit to Shriram Automall will certainly help you. They offer the widest range of used commercial vehicle with an option of easy finance available for all.

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Volvo to launch a fleet of new cars in 2016

The company is all set to launch some new models & face lifted versions of existing sports models. Volvo is all set to bring a new body style to India. It will be a first of its kind launch for the country.

Volvo S90

As the successor of the s80 the S90 will replace the conventional & safe looks of S80 with its radical & unconventional design.

Is photos are something to be relied upon than certainly the S90 looks stunning. The new version will feature futuristic technology & a user friendly infotainment system.

(Image Source: autoportal.com)


Volvo S60 Cross Country

The S60 is one of the most sold car model of the company & it has decided to bring it to India. Though India has a good demand for crossovers it will be interesting to see if the company continues its good sales momentum in India as well. Volvo S60 Cross Country will be powered by a 2.4-litre, 5-cylinder diesel engine, that churns out 190 PS of power and is paired to a 6-speed automatic transmission.

(Image Source: motoroctane.com)

Volvo S60 Polestar

The Volvo Polestar comes with a similar name as ‘M’ is for BMW & ‘AMG’ for Mercedes. This new edition will compete against the likes of Audi A5 in India. The hardcore S60 will sport the same ‘T6’ 3.0 liter inline six cylinder petrol engine albeit with a Garret 3171 turbocharger strapped onto it. The beast is set to clock the magical speed of 300 Km/h & 1-100 Km/h comes in 3.9 sec. 

(Image Source: polestar.com)

See Also: Exclusive upcoming cars in India

Volvo XC90 Excellence

Targeting the super luxury segment of cars the Volvo XC90 is a well appointed SUV. The car will not feature a 7 seat that the XC90 did it just have 4 ultra luxury seats instead. Now the rear seats also features some interesting features like climate control, footrest, an in-console fridge, heated/cooled cup holders with custom crystal beverage glasses, dual touch screens, and fold-away tray tables. 

(Image Source: blog.caranddriver.com)

Volvo XC90 R-Design

The R-Design version of the excellent XC90 has been launched recently. This is the sportiest version of all the XC90 models. It features a range of design & equipment updates to give this 7 seater beast a sporty makeover. 

(Image Source: media2.intoday.in)

Volvo V40 Facelift

The recently launched Volvo V40 will also get a minor facelift similar to the one’s its international models have received. The car is available in total two trims viz. Kinetic (base variant) and D3 R-Design.

(Image Source: icdn4.digitaltrends.com)

With these new launches, we are sure the industry will continue to show good signs of recovery. Meanwhile if you are looking ahead to purchase used cars in India than Shriram Automall is the right place to visit. Inspect from their huge line up 7 select the best one. 

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Emission Norms BS V & BS VI Implementation Dates Pre-Poned

The government on Saturday said that it has decided to advance the dates for implementation of the roll out of higher level Bharat Stage (BS) V & VI norms for the four-wheelers by three years.

The Ministry of Road Transport & Highways drafted a notification to roll out the BS-V and BS VI norms from April 1, 2019 & April 1, 2021 respectively.

As per the roadmap earlier lay down by the Auto Fuel Policy, BS-V norms were to be implemented from April 1, 2022 & BS-VI from April 1, 2024.

(Image Source: thehindu.com)

The Ministry’s decision does not mean that it will skip BS-V and go in for BS-VI standards directly. At one stage, there had been contemplation over skipping the BS-V stage for faster redressal of the pollution issues. But many automotive bodies, including SIAM, had opposed the skipping of the BS-V norms. The norms aim at the substantial reduction in NOx/4C levels.

The Ministry’s statement attributed the advancement of implementation dates to Nitin Gadkari’s “keenness” that the road transport sector must take the lead role in dropping the harmful effects of emissions on environment and climate change. This reveals a firm commitment to play a chief role in reducing vehicular emissions.

The Ministry said draft norms for two & three-wheeler categories will be notified shortly with advanced timelines similar to the four wheeler category.

Currently, nearly 35 cities in India follow the BS-IV norms with the rest adhering to the BS-III standards.

Different Ministries have been debating over the timeline for the introduction of the BS-V and VI emission standards.

Many countries in the West have already put a Euro-VI standard in place. BS-VI is its equivalent. As things stand, India is 5 years behind the emission standards already adopted by European countries.

According to the Centre’s expert committee, the automobile industry would require investments worth Rs 50,000 Crore for transitioning from BS-IV to BS-V. And an amount of Rs 60,000 Crore will be essential to produce BSIV/BSV diesel from refineries.

This Implementation would definitely lead to rise in price in new vehicle market and thus it would be difficult for people to own the vehicle. But being the leader in the used vehicle industry, Shriram Automall India Limited will come to the rescue of such people who can invest their resources in commercial vehicles and used cars in India. 

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Toyota Prius 4th Gen at the Auto Expo 2016

Toyota Prius 2016 edition will debut in India during the Auto Expo in February 2016. The 4th gen of the popular hybrid had its public premiere at the Frankfurt Motor Show this year.  The latest version features higher fuel economy & comparatively lesser CO2 emission.

 2016 version of Prius is based on company’s all new (Toyota New Global Architecture) TNGA platform. Toyota is also claiming that the car is up to 60% better rigid, thanks to its strong adhesives, laser screw welding, and a cylindrical frame.

On the power side Toyota has made sure to give it enough power to make your drive no less than an adventure. The 2016 Prius gets a 1.8-liter
four-cylinder DOHC engine which develops a
strong 97 bhp at 5,200 rpm and 142 Nm of torque at 3,600 rpm. It is supported by an electric motor, that sources power from a new nickel metal hydride battery, & give a further 71 bhp.

(Image Source: images.franchiseherald.com) 

Specifications	Toyota Prius
Length	4,540 mm
Width	1,760 mm
Height	, 1,470 mm
Wheelbase	2,700 mm
Fuel Tank	502 liter
Engine	1.8-liter four-cylinder DOHC engine
Price	INR 38-40 lakhs, ex-Showroom, New Delhi

The wide instrument panel is seamlessly designed to be both purposeful & beautiful. It is meant to give a sense of comfort and spaciousness to the driver.

The Prius in India would continue to be imported through the “CBU” route. With its launch in India we are sure that the Prius will take the industry by storm. Its bold & sharp designs are all set to impress one and all.

If you are looking to buy a used car in India than Shriram Automall is the right place to be. They offer a wide range of used vehicles for easy disposal through their effective bidding platforms.

 If you are not able to purchase this new car, don’t worry you can easily purchase used cars or any other used vehicle or equipment through Shriram Automall India Limited. A wide range of used cars and SUV’s are available which can be acquired by different platforms.

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Construction Equipment Industry to See Two Fold Growth By 2020

EXCON, an international construction equipment & technology trade fair began by making the right news. The construction equipment industry is all set to play an impact role in the ‘Make in India’ initiative & will grow about two-fold to $5 Billion by 2020.

As per the announcement made by CII & EXCON chairmen, Vipin Sondhi, "The domestic construction industry is set to become a driving force in 'Make in India' initiative. From a $2.8 billion industry at present it has the capacity to grow to over $5 billion by 2020 on the back of infrastructure growth which is bound to take place under the present regime".

The current data has projected & lowered down the earlier projections made by industry pundits of reaching to $20 Billion by 2022. However the experts are certain that the industry is bound to grow aggressively post 2020 backing on the steps taken by current government.

Sondhi also said that the de-growth has stopped and amid the proactive measures by the government, especially in the highways sector, the industry is set to grow manifold and bound to bolster economic growth.

Now as per the current predictions by the industry experts we are optimistic that the industry & country’s economy will grow on an increasing rate due to the above driving factors.

Meanwhile if you are looking ahead to acquire a used construction equipment in Bangalore than paying a visit to Shriram Automall will certainly result fruitful. You will be able to inspect a wide range of used construction equipment & acquire the best one. SAMIL also offers easy finance & trade advance facility to all its customers for their bulk vehicle requirements. The company also offers professional allied services like parking, refurbishment, valuation & documentation as per customer requirement.

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Super Sports Car Market To Be Back on Track In 2016

After a consecutive decline in the sales of super sports cars for three following years the super sports car market is expected to be back on vogue this year. The segment is expected to view a high single digit growth due to improving economic sentiment & return of big brands like Ferrari & Maserati.

The return of confidence can be proved by the fact that that two of the most expensive cars the limited edition variants of Aventador LP Roadster and the Aventador LP Coupe, carrying a price tag of about Rs 8 crore were sold by Lamborghini recently, in India.

(Image Source: s-media-cache-ak0.pinimg.com)

Also The Italian Super Sports car maker Lamborghini launched its new entry level sports car the Huracan LP 580-2 in India (Rs 2.99 crore - ex-showroom New Delhi), which makes India the first market in Asia Pacific to get the vehicle.

See Also: Micro SUV's for 2016

The year 2014 due to rupee depreciation, spike in taxes the super sports car makers were not able to achieve the targeted number however this year they believe the sentiment in the market is stable & people are deciding quick on making the purchase decision. Fiat Chrysler Group Company also plans to inaugurate a new showroom in Bangalore & Mumbai. It has already setup a national sales company for Maserati.

With these major developments in the segment we are hopeful that the sales will increase on an increasing rate in the FY 15 & will continue to show positive signs in FY 2016 as well.

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2016 All Set To Belong To Micro SUV’s

We all are aware of the fact that SUV’s are shrinking in India. Compact Sports utility vehicle & crossovers made the waves in 2014015, now get ready to be moved with the wave to be generate by micro SUV’s that car manufacturers will be launching early next year to woo the entry level buyers in the Rs 3-6 lakh bracket.

Renault Kwid took the market by storm with its SUV like looks 2016 will see the launch of some interesting micro SUV’s like Mahindra XUV 100 also called S101, Datsun’s Redi Go & leader Maruti Suzuki's Ignis, which is expected by the festive season next year.

(Image Source: indianautosblog.com)

Customers will also be able to buy the compact crossovers just by adding couple of lakhs. The list include Maruti Suzuki's sub-4 metre SUV based on the XA Alpha concept car, Tata Motors' stylish Nexon and Mahindra's upgraded Quanto — all expected within the price range ofRs 7 -Rs 8 lakh.

See Also: Exclusive cars coming to India

The 'entry SUV' or crossover-styled vehicle is a segment that's unique to India and a select few markets. It's the extension of the Indian car buyer's fondness for novelty, which resulted in the creation of sub-segments over the past decade including the 'entry-level sedan' and the various derivatives of compact cars and hatchbacks.

The key trigger for vehicle manufactures for shrinking the size of cars has been the government’s incentive to make smaller cars. A sub-4 meter vehicle attracts half the excise duty of 12 per cent for bigger vehicles. And these sub-4 meter sedans are making their way across the globe, potentially positioning India as a major export hub for this new segment.

Micro SUV’s to be launched next year includes:

Make Way for Micro SUV’s
Company	Brand Name	Launch Month	Expected Price
M&M	XUV100	Jan 16	3.9-5.9 Lakh
Datsun	Redigo	Feb 16	2.9-4.9 Lakh
Maruti Suzuki	Ignis	Sept 16	4.5-6.5 Lakh
M&M	Quanto	Feb 16	5.9-7.5 Lakh
Tata Motors	Nexon	Sept 16	4.99-8.5 Lakh

The fact that Renault Kwid garnered over 50,000 bookings within a month is a clear testimony to the fact that people want to have something different and disruptive. Sure, there is room for more players provided they offer something innovative.

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Hero MotoCorp sale grew in February

While maintaining the consistency of over 5 lakh units in its sales, Hero MotoCorp reports a marginal growth for the month of February.

It sold 5,04,181 units in comparison to 5,01,271 units in February, 2013.

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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% decline
motorcycles	922,323	4%  rise
Commercial Vehicles	49,987	20.9% decline

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