Showing posts with label automobiles. Show all posts
Showing posts with label automobiles. Show all posts

Tuesday, November 27, 2007

Review of Hyundai i10


By Vipin Agnihotri



Hyundai’s latest offering i10 is aimed at re-establishing company’s losing supremacy in the compact car segment. Interestingly, Hyundai is so confident of i10 that they are launching it in India before any other market.


In my opinion, for Hyundai, i10 seems to have been clearly designed and priced with an eye towards the future. I definitely believe that i10 can deliver for Hyundai because not only it’s different from others but also offers design features like the sun-top roof that are not available in other models in the same price and engine capacity range.


Initial signs are that i10 will appeal to customers who are interested in buying a new product, one that distinguishes them from others. The best part about Hyundai i10 is that it makes the buyers feel special, as if they are paying for a compact car but getting design elements that usually exist in a bigger, more expensive model.


In general, i10 is identical to Peugeot 206, Sonata to Audi A6 and Getz is “pretty Italian”, just like the older Fiat Punto. Priced between a Santro and Getz, the i10 hopes to snatch away market share from Maruti’s more expensive Swift, or even Tata Indica. However, I have a feeling that the i10 may end up cannibalizing on the Santro because of the not so immense price differential.


The good thing for Hyundai is that now they have realized that the only way it can resurrect its fortunes in India is through compact car models. The i10 is the perfect choice in this regard, as it will create yet another price segment. The present indigenisation for i10 is close to 90 per cent but it would eventually be increased to 100 per cent.


All in all, one can easily say that the i10 can become the next sunshine car for Hyundai.


The India Street Rating: 9/10


Suggested Reading:




Friday, August 24, 2007

Luxury Trains, Planes, Automobiles... and Buses

Well why not discuss luxury transportation here for those that enjoy the finer things in life. Borrowing in part from a movie with a similar title, I wanted to explore how Indian’s can travel in style now and in the future. Therefore, below we have highlighted a few of the best options.


Automobiles


Gallardo

Gallardo Spyder

Murcielago


India witnessed the entry of the Lamborgini earlier last year. Three of its latest international models that rolled out in India were the luxury Sports sedan Gallardo, the convertible 'Gallardo Spyder', and the 2-door coupe Murcielago.

While Lamborghini has sold only 7 cars thus far, the company expects greater sales as India’s infrastructure (read highways) improves. Who wants to drive a car that can go 322 kph (200 mph) on roads that don’t support much faster than 1/3 that speed. Also, due to the dusty roads and the potential for vandalism, most Lamborghini owners will be too jittery to leave the car for any length of time unless it’s in one’s garage.

Luxury Buses


Ashok Leyland plans a luxury upgrading of its fleet

Before

After


Ashok Leyland is planning to roll out super luxury passenger buses to rival Volvo and other high-technology buses. When asked about the company’s plan, Ashok Leyland chief operating officer Vinod K. Dasari said; “The chassis will be made by Ashok Leyland, TVS and a leading automobile firm of Spain would manufacture the body jointly; he said that “they had not yet decided the name to be given to the vehicle.”

Well that’s a relief, up till now Ashok Leyland buses have looked like they were designed right after India’s independence. See what a little competition can do for the population?


Dasari said; “that through extensive market research based on feedback from customers, they were changing the specifications of the vehicles and rolling out new models to suit Indian road conditions. So far, the response from the clients was overwhelming.”


Really? I thought it may because the old Ashok Leyland design was so bad that competitors would soon trounce the company. I have always said Monopolies breed apathy and this holds true here.



Volvo, on the other hand, is well known its luxurious fleet which is boosted by safety and luxurious features.


Volvo has been newsworthy recently due to the increased Multi-National Corporation (MNC) competition in the bus business and partly because of the consolidation in the market.

We found an interview at The Economic Times (ET) in which ET spoke with Eric LeBlanc, CEO, Volvo India.


ET Question: What are the company's plans in the luxury bus segment? What is the potential of the market in India and what is the targeted market share that you hope to achieve by 2010?

Volvo answer: In the bus segment Volvo's focus is the air-conditioned inter-city coaches and city buses. The overall bus market has remained quite steady over the years. While we expect the overall market to remain steady in the near future too, we do expect a steady (but not significant) growth in the segments we address.

However, once we see a certain threshold of infrastructure development and conducive environment for bus transport there is no reason not to expect significant growth at a later stage.

What we expect now, is the emergence of new kind of buses such as 3-axle buses, articulated buses, rear engine buses etc and enhancement in the quality, specification and features of the current lot of buses.

Again, the entry of these types of buses and the growth of the segment would depend upon how well our infrastructure develops in cities and outside and how well we create a conducive environment for buses to become a key mode of public transport.




Luxury Planes


I was surprised to find that there are luxury jet services in India catering to the private HNW individual or corporations. While there is a huge need, the country only recently opened up air travel to companies and private individuals. India’s Air Charter Services is one of the few I found that address this market.

About: AIR CHARTER SERVICES PVT. LTD. (AVIATION INDIA)—(air charter india / air charter operator) based at IGI Airport New Delhi India, with a fleet ranging from low-cost piston engine aircraft to luxurious turboprops and jets—is playing the same role in Indian Aviation - air charters india.

We cater to the requirements of VIPs, Corporate houses, Travel Agents, Tour Operators, affluent tourists/pilgrims and air medical evacuation experts.

In the future, there will be a decent market for personal jets in India. Unless the infrastructure improves significantly in India, the market will be much larger than in Western societies. The latest personal jet being introduced in the US starts at $3 million and is a luxury business jet. Those who can afford the luxury are sure to buy this sleek plane that cruises at 480 miles per hour.



Luxury Trains


The luxury train market in India is well underrepresented. With the second largest rail network in the world, connecting every nook and corner of the country, there should be more luxury options. One of the better options is the renowned Palace on Wheels. Some other famous luxury trains of India include the Deccan Odyssey, Royal Orient and Fairy Queen. These luxury trains take you to some of the most fascinating historic cities, monuments, wildlife parks and sanctuaries and much more of India.


Luxury Train Charges
Travel charges keep on fluctuating with the time of the year. Below are representative rates for the year 2006 -2007.


Oct 2006 to Mar 2007

Single Occupancy (per person per night) 300 US$

Double Occupancy (per person per night) 200 US$

Triple Occupancy (per person per night) 150 US$


Suggested Reading




Wednesday, August 22, 2007

Ford Most Popular Automobile Brand in India


If web clicks were a key indicator of automobile popularity in India, Ford India wins hands down. Whether they are leading a major online marketing offensive or simply cater to owners that use the internet, Ford India is making good progress.


india.ford.com

____________


marutiudyog.com

_______________

tatamotors.com

______________

royalenfield.com

_______________

revaindia.com

______________

Top 5 sites by individual persons (click image to enlarge)

Date: 07/2007

People

Month Δ

Year Δ

What is this?

India.ford.com

6521

-9.2%

-13.6%

Unique People Rankings Views by distinct individuals

mercedes-benz.co.in

1,478

N/A

223.4%

hindmotor.com

522

N/A

31.2%

chevrolet.co.in

704

-17.4%

1308.0%

hyundai.co.in

1,380

206.7%

24.1%

kineticindia.com

221

N/A

-20.5%

royalenfield.com

2,730

-13.3%

-37.5%

*Page views too low to measure accurately

mahindraworld.com

N/A*

N/A*

N/A*

bajajauto.com

1,261

54.3%

39.6%

marutiudyog.com

4,259

88.0%

97.2%

herohonda.com

1,354

53.9%

236.0%

tatamotors.com

2,842

-69.2%

0.7%

revaindia.com

1,648

12.3%

-49.1%

.

.

.

.

.

.

.

.


About Ford India


Arvind Mathew is the Managing Director and President of Ford India. He took this position in August 2005. I had the chance to meet Arvind in March of 2007 and was able to tour the site outside of Chennai. It was fascinating to see how the manufacturing process is done in India versus the way Ford does it in the US (hint: India uses more people). Arvind Mathew is a very capable man and is probably being groomed for a C-level position within Ford corporate in Detroit. One thing that struck me about the Ford manufacturing site was how Western it looked and felt. The grounds were landscaped immaculately and major attempts are made to keep the place free of debris and dust.


Surprise! Reva

The surprise on the list is Reva. This electric car company ranks 5th on our list of top 5 page views by individual persons. That may signal that India’s consumers are concerned about the environment or that gas prices are too high.



REVA www.revaindia.com; A Joint venture between the Maini Group and Amerigon Electrical Vehicle Technologies (AEVT), producers of an economical and environmentally friendly electric car. The REVA is India’s first electric vehicle and was launched on May 11, 2001 after seven years of R&D and hailed as the most innovative and high technology product of the year.


As you can see in the table below, the annual turnover of automobiles has been increasing year over year almost doubling in a 5 year period. The automobile market is almost as hot as the real estate market but with much higher barriers to entry. This trend will only increase as the India economy picks up.




Turnover of Automobile Manufacturers

Year

(Rs.In Million)

1999-00

422,933

2000-01

492,024

2001-02

499,136

2002-03

595,184

2003-04

661,769

2004-05

835,851



Suggested Reading


Template Designed by Douglas Bowman - Updated to Beta by: Blogger Team
Modified for 3-Column Layout by Hoctro