creativebala 178 Report post Posted February 17, 2011 India and japan have signed a free trade agreement. For automobile industry elimination of duties in auto parts such as diesel engines and gear boxes would be done over a period of 10 years. Am I day dreaming? This means, will CRV fight against Safari & Scorpio, city fighting Manza,.. @Mitsubuzhi, atleast wake up now. @Mods, I feel, this news needs a separate thread.creativebala2011-02-17 08:21:32 Quote Share this post Link to post Share on other sites
rahul1810 0 Report post Posted February 17, 2011 @CB This is elimnation of duty on parts. I think the CBU would still cost the same. However cheaper Jazz and City may be a closer reality. Quote Share this post Link to post Share on other sites
nfs123 0 Report post Posted February 21, 2011 Heard a rumor that Green tax will be implemented for all diesel cars in this budget . Thats means an increase of about 10% from actual price . is it true ? Quote Share this post Link to post Share on other sites
itssanguine 0 Report post Posted February 28, 2011 Honda shall showcase Brio in India on 18th March - same day as its Thailand launch. However official launch may not take place before June-July and availability not before Aug-Sep'11. (source is ET & Twitter) I guess Honda is trying to steal some thunder out of soon to be launched Etios Liva- Brio's chief competitor. Quote Share this post Link to post Share on other sites
BonFre 0 Report post Posted February 28, 2011 Budget: Govt. is going to formulate a policy which would facilitate Hybrids & Electrics. Any other heads up w.r.t. Auto sector! Quote Share this post Link to post Share on other sites
itssanguine 0 Report post Posted March 11, 2011 Japanese automakers Nissan and Mitsubishi today announced partnership that will see the two companies work together on a mini-car project. The joint venture brings together the struggling Mitsubishi Motors with the more successful Nissan brand. As a part of the plan, Nissan has appointed its Senior Vice President Junichi Endo as CEO of the joint-venture, while Mitsubishi Motors Senior Executive Officer will be COO. No details on the vehicle itself have been named, but a mini-car is likely to be smaller than the new Concept Global Small Car that Mitsubishi unveiled at the Geneva Auto Show last week. Of note, Nissan recently had to scrap plans to deliver a vehicle for the Smart brand in North America after a corporate restructuring by Smart parent company Daimler brought development of that car to a halt. source Quote Share this post Link to post Share on other sites
ashikawa 2 Report post Posted March 12, 2011 Japanese automakers Nissan and Mitsubishi today announced partnership If this small car launched in india, will give a good competition to Honda brio. Quote Share this post Link to post Share on other sites
LovelyDou 0 Report post Posted March 15, 2011 Post deleted: Spam, member Banned.BornFree2011-03-15 03:20:13 Quote Share this post Link to post Share on other sites
ashikawa 2 Report post Posted March 15, 2011 Honda, Hyundai, Volkswagen come under CCI scanner NEW DELHI: International car makers, Honda, Hyundai and Volkswagen, have come under the scanner of the competition watchdog CCI for abusing their dominant market position by selling auto parts to customers at high prices. The Competition Commission of India (CCI) has asked its Director General (Investigations) to probe a consumer's complaint against the car makers, who allegedly abuse their dominant position by making available spare parts only through their authorised dealers, who in turn sell them on high rates. "This practice by the international car makers does not give the consumer a fair price advantage as he has no choice but to buy the spare parts from authorised dealers. Prima facie it makes a case and the DG has been ordered to probe the matter further," an official told PTI. The DG has been asked to submit his report on the findings within 45 days. While Hyundai Motors denied having received any communication from the CCI, emails sent to Volkswagen and Honda remained unanswered. Normally, auto spare parts from Indian car makers are available with any retailer, not necessarily authorised, but the case is not the same with international car makers. Consumers are stuck after having bought a car from the international car makers, according to the complainant, who filed the case under section 4 of the Competition Act, 2002. The Commission, which became fully functional in 2009, with the appointment of a chairman and six members, at present has the power to check anti-competitive agreements and abuse of dominant position, drawn from Sections 3 and 4 of the Competition Act, 2002. Beginning June, 2011, the Commission will also have the powers to check high-voltage mergers and acquisitions. Source: http://economictimes.indiatimes.com/news/news-by-industry/auto/automobiles/honda-hyundai-volkswagen-come-under-cci-scanner/articleshow/7702231.cms Quote Share this post Link to post Share on other sites
dr_nishu 198 Report post Posted March 15, 2011 @ashikawa: That's really really a Great thing done for the benefits of the customers, which were financially beaten by the Authorised car dealers. Except Maruti Suzuki, Tata, Mahindra & Hyundai, no other car manufacturer neither retails its Genuine parts other than at their ASCs nor allows anyone to get that part fixed outside. It'll definitely provide a breath of fresh air for Honda, Skoda & VW Owners if the CCI succeed in their work.dr_nishu2011-03-15 14:36:34 Quote Share this post Link to post Share on other sites
BonFre 0 Report post Posted March 15, 2011 Great news, should have been done years back. Customers interests should always be kept at the top & no expolitation should take place. Quote Share this post Link to post Share on other sites
anjan_c2007 1 Report post Posted March 15, 2011 Skoda is notorious on the list but only Honda, Hyundai and Volkswagen have been targeted. Guess thats the beginning and lets hope the list becomes longer!. Quote Share this post Link to post Share on other sites
sgiitk 0 Report post Posted March 16, 2011 Indeed happy that the sparers monopolies are on the radar. Also, manuals, hopefully. Heard that Brio launch is postponed. Quote Share this post Link to post Share on other sites
rahul1810 0 Report post Posted March 16, 2011 It was never a Brio launch, but an unveiling of the actual car and not the concept. But that however has been postponed. Honda has said that Factory has not incurred any physical damage, but is checking up on its employees and suppliers before deciding on opening the plants. Suzuki and Toyota are in the fray Quote Share this post Link to post Share on other sites
sarabjeet 3 Report post Posted March 16, 2011 I think Govt. should make a norm that the total value of spares of the entire car cannot exceed more than 10% cost on the vehical. i.e vehical cost + 10% charge = cost of all vehical Spares used in the car Quote Share this post Link to post Share on other sites
ashikawa 2 Report post Posted March 16, 2011 I think Govt. should make a norm that the total value of spares of the entire car cannot exceed more than 10% cost on the vehical. i.e vehical cost + 10% charge = cost of all vehical Spares used in the car Exactly it should not be more than this. We are weak on the part of saving our customers from ripping off. Due to long procedures and lack of regulatory support , manufacturers get away with their deeds. Quote Share this post Link to post Share on other sites
ashikawa 2 Report post Posted March 21, 2011 Following news may be a bad one for those planning to by VW Jetta, Skoda Superb etc., they need to expedite their plans to buy one. May have to review India strategy on new CKD norm: Audi Seeking clarity over the new definition of completely knocked down (CKD) units introduced in Indian Budget for 2011-12, German luxury carmaker Audi AG today said it may have to review its business strategy in India in the coming years. The company Quote Share this post Link to post Share on other sites
sshersh 0 Report post Posted March 21, 2011 Post deleted: Useless post.BornFree2011-03-21 09:42:51 Quote Share this post Link to post Share on other sites
asethi919 0 Report post Posted March 21, 2011 Hyundai Recalls 1.9 Lakh Cars Hyundai is recalling 2007-2008 Elantra manufactured from July 14, 2006, through August 29, 2007. The safety recall is expected to begin during April 2011. The driver Quote Share this post Link to post Share on other sites
ashikawa 2 Report post Posted March 21, 2011 Government of Indian clears CKD duty confusion MARCH 18, 2011 AT 3:04 AM The confusion about duty on automobiles imported as completely knocked down (CKD) units which rose after the 2011 Union Budget has been cleared thanks to a clarification by the government. According to the budget announcement all cars and two-wheelers which were assembled in India using imported engines and transmission were to attract 60% customs duty which is equal to what fully imported (CBU) vehicles attract. Since many premium carmakers like BMW, Volkswagen etc have local assembly units, they would have suffered if this was the new regulation. The government has however clarified that only if the engine and transmission were imported mated to each other (combined) then the 60% custom duty would apply. According to this clarification, manufacturers can still import engines and transmission separately and assemble them in India to qualify for the duty rebate which CKD vehicles enjoy (10% customs duty).This comes as a breather to the luxury carmakers like Mercedes-Benz, BMW and Audi along with Honda, Toyota, Skoda, Volkswagen etc who also import CKD units into India. Source: http://bharathautos.com/government-of-indian-clears-ckd-duty-confusion.html Quote Share this post Link to post Share on other sites
itssanguine 0 Report post Posted March 21, 2011 Honda launches the CBR250R in 2 variants. Rs 1.43 & 1.68 lakh respectively ex-Delhi. It will be made and exported worldwide from India and Thailand. Specs: Fuel injected 249.6cc engine with 25bhp power, 6 speed gearbox, Electric-Start. Top spec includes Combined ABS. Available in 3 colours: Silver, Red & Black. Source: Siddharth Vinayak Patnakar via Twitter Quote Share this post Link to post Share on other sites
ashikawa 2 Report post Posted March 23, 2011 Here comes the good news Quote Share this post Link to post Share on other sites
creativebala 178 Report post Posted March 23, 2011 Finance Minister rolls backs tax on diagnostic services, hospitals, but only till GST comes into force; duty on CKD automobile kits halved to 30%. The finance minister also reduced the proposed Customs duty on CKD kits containing pre-assembled engine, gear box or transmission assembly to 30 per cent from 60 per cent proposed in the Budget. The levy would have harmed luxury car makers. A Mercedes-Benz India official said, Quote Share this post Link to post Share on other sites
dr_nishu 198 Report post Posted March 23, 2011 The government has however clarified that only if the engine and transmission were imported mated to each other (combined) then the 60% custom duty would apply. According to this clarification' date=' manufacturers can still import engines and transmission separately and assemble them in India to qualify for the duty rebate which CKD vehicles enjoy (10% customs duty).[/quote'] Frankly speaking I'm happy with this decision & its explanation. IMO, Its just a initial step to generate more employment & Revenues to save the already burdened Indian Economy(leaving the corruption issues aside for a minute) & Indian Industry(can be better realised by thinking from the M&M, Tata & Maruti Suzuki side, as they're crazy who're Investing millions of dollars for their Powertrain plants). The finance minister also reduced the proposed Customs duty on CKD kits containing pre-assembled engine, gear box or transmission assembly to 30 per cent from 60 per cent proposed in the Budget.[/quote'] Might be due to Warning of Global Automajors like Audi, BMW, etc. & that's equally justified as; -1stly: Most of the country's Upper class use such vehicles including PMs, CMs, etc. -2ndly: Immediate implemantaion of such a bigger Slab isn't easily bearable for any strata of the Industrialists, whose huge Investments are already in the pipeline. Quote Share this post Link to post Share on other sites
dr_nishu 198 Report post Posted March 23, 2011 Can someone tell' date=' which are the cars comes under this category? Does Etios/i20/Civic falls in this?[/quote'] Probable ones are: -Complete Toyota range -Etios to Fortuner. -Complete Skoda range -Fabia to Superb. -Complete VW range -Polo to Passat(Beetle, Touareg & Phaeton are CBUs). -Honda Civic. -Maruti Suzuki SX4 Petrol(as its M-Series engine is Imported one). -Fiat Linea T-Jet. -Ford Endeavour. -Chevrolet Aveo, Optra Magnum, CRUZE, Captiva. -Complete Mitsubishi range. -Hyundai i20 (CRDi, 1.4 Auto), Verna, Quote Share this post Link to post Share on other sites
