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Car Online : Titan stores to distribute Tata Nano booking forms

April 1st, 2009 admin No comments

Tata Group firm Titan Industries said it will start distributing booking forms for Tata Nano from its showrooms across the country from April 4.
The Nano booking forms would be available at all ‘World of Titan’ showrooms across the country between April 4 and April 25, Titan Industries said in a statement.
World of Titan network [...]

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Car Online : Hyundai i10 achieved the fastest 3 lakh sales

March 27th, 2009 admin No comments

Hyundai Motor India Ltd the country’s second largest passenger car manufacturer and the largest exporter today achieved yet another key milestone in its decade old journey in India by clocking the fastest three lakh i10 sales since its launch on 31st October, 2007.
Of the three lakh i10 cars sold, over 1.44 lakh cars have [...]

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Car Online : Hyundai Motor and Bank of India signed a MOU for Car Loans

March 27th, 2009 admin No comments

Hyundai Motor India Ltd ( HMIL), the second largest car manufacturer and the largest passenger car exporter, in a bid to enhance financing options for its customers, signed a Memorandum of Understanding (MOU) with Bank of India, a major public sector bank.
Under the MOU, Bank of India, a premier nationalized bank, will be financing [...]

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Car Online : Skoda Auto India plans to launch new small car

March 16th, 2009 admin No comments

Skoda India, part of Germany- based Volkswagen group, is planning to launch a new small car, which would be priced below its entry-level model Fabia, in the country in the coming years.
The company has been saying it would introduce the new car and it would be priced below Fabia, the range for which starts [...]

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Tata Motors,BOI tie up for passenger car financing

March 8th, 2009 admin No comments

Tata Motors has entered into an understanding with Bank of India for financing its range of passengers cars.
Bank of India offers car loans up to 90 per cent of invoice, for loans up to Rs 10 lakh for tenure ranging up to six years at a very competitive rate of 10.25 per cent to [...]

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Hyundai Motor India plans to launch diesel cars

March 8th, 2009 admin No comments

Hyundai Motor India (HMI) is likely to soon launch a diesel version of their new models -i10 and i20- in the market.
It is learnt that the i20 diesel would be launched before the diesel version of the i10.
However, the Korean auto major has still not finalized the size of the car engine.
The diesel variant [...]

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Car Online : Nano gets a heavy booking price

March 5th, 2009 admin No comments

The booking amount for the Nano will be Rs 70,000, reveal banks with which Tata Motors is in talks to finalise arrangements to finance customers. The initial payment has been deliberately kept high to discourage the black market.
State Bank of India (SBI) will be the sole booking agent. All prospective customers have to pay [...]

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Categories: Car Online, Nano Car, TATA NANO

Car Online : PNB and Union Bank cuts rates on car loans

March 2nd, 2009 admin No comments

Union Bank of India and Punjab National Bank on Saturday announced cuts in interest rates on car loans and home loans with effect from March 1.
Union Bank of India cut the interest rates on new car loans by 125-150 basis points and on home loans by 25-200 basis points.
PNB cut the interest rates on [...]

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SBI to be sole booking agent for Tata Nano

February 27th, 2009 admin No comments

State Bank of India (SBI) has been appointed exclusive booking agent for the Tata Nano.
The booking amount for the world’s cheapest car will be Rs. 70,000. However, even after paying nearly 70 percent of the total cost, the wait for the final delivery of the car may be quite long. The company is starting [...]

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