Is it true that the cost of luxury cars is going to increase in India after the Union Budget 2011?
Luxury car makers may have to hike their car prices as the government has hiked customs duty on assembled cars to 30% from the existing 10% before the Budget. Most companies are not satisfied at the duty-hike and fear that hiking luxury car prices will hamper their sales growth in India. They are in the process of taking stock of the situation and may be forced to hike the prices in coming months.
When will Maruti Suzuki launch its small car Cervo?
There is no official confirmation about the launch date. However, experts are expecting the car to be launched either later this year or in early 2012.
Is Hindustan Motors going to launch a newly designed Ambassador?
Yes. Finally, Hindustan Motors has decided to give its iconic car, the Ambassador, a new look. The car is all set for a complete makeover, right from its structural design to aerodynamics to aesthetics. While some variants with smaller changes will be introduced soon, variants with bigger changes are expected to be launched in 2012.
Are diesel cars going to cost more in Delhi?
Yes. After the Delhi Budget 2011-12, diesel cars are going to cost more in the Delhi region. The Budget has proposed an additional 25% levy on existing state taxes on diesel-propelled vehicles. The proposals are set to affect sales of diesel cars like Mahindra Scorpio, Maruti Swift and Tata Indica.
What is the price of the newly launched BMW 6 Series Convertible?
The price is Rs. 95 Lakh (ex-showroom).
When is Ferrari going to launch its cars in India?
Ferrari is soon going to launch its models like California, 458 Italia, 599GTB Fiorano and the latest FF in the country with a starting price of Rs. 2.2 Crore. The company has appointed Shreyans Group as its official importer in India. All the four models will be open to order once the Ferrari dealerships are opened in India. The first Ferrari dealership will be opened in Delhi soon, followed by opening of the Mumbai showroom in the second half of 2011.