The future of Indian cars is purely dependent on advancements and innovations.

Just go back to the olden days when the old Fiat Padmini and Hindustan Ambassador were shinning on Indian roads. At that period of time, did anyone of us thought that the car market will prosper to such a height? No one of us ever imagined such a speedy and accelerated growth of the Indian market.

Since that old Fiat and Amby were introduced, the Indian car industry has travelled a long and bumpy road. Fortunately, today the industry shines at the top with a good number of cars running on roads. It also plays a key role in the industrial and economic development of the country.

Today, the Indian industry is flying with the wings of technology, advancement and innovation. The first car manufactured as a result of technological advancement is Maruti Suzuki 800 in 1983, a car that revitalized the Indian automobile sector. This car was a productive result of a joint venture between Government of India and Suzuki Motors of Japan. Thereafter, many car manufacturers across the world entered the Indian car market.

Some of the biggest car manufacturers who have set up their manufacturing facilities in India are Tata, Toyota, BMW, Audi, Ford, Skoda, Volkswagen, Mitsubishi, Suzuki, Honda, Hyundai, Maruti, Mercedes, Chevrolet Fiat, Mahindra, and Volvo. These manufactures are currently producing the world’s best car models, progressively booming the India’s economic growth. Some of these companies are also importing cars and other car accessories to meet the increasing demand of car market in India.

The reason why many foreign manufactures entered the Indian markets is availability of highly skilled engineers, low cost labor, technical know how, less investment, cheap machinery and raw materials, established quality systems and rewarding returns. Even the cost of production is reduced to about 25-30% as compared to overseas production. This pace of advancement and improved production not only paved way for foreign manufacturers but also provided enhanced ability to Indian car manufacturers for producing better models.

With the increasing number of cars running on the Indian roads, the future of Indian car industry is also running with a very high velocity. One of the leading car manufacturing companies, Ford, is planning to make India a regional hub for exporting small cars and engines. At the other edge, Skoda is planning to source some of the European operations from its Indian facility. It is believed that this operation will increase indigenization level for all the Indian cars to almost 70%, providing Indian cars a competitive edge in the global market.

Many car manufacturers are rolling out new cars and many are in pipeline. Today, the car market is congested with world class cars like the Volkswagen Jetta, BMW 7 series, Maruti Suzuki SX4, Ford Fiesta, and Honda Civic. Tata Motors is all set to roll out the world’s cheapest car, Hyundai Motors waiting to announce the launch of Hyundai i20, and Maruti Suzuki awaiting the launch of the global car, Maruti Suzuki A-Star. Likewise, many other car manufacturers including Volvo, Volkswagen, Mercedes-Benz, BMW, Honda Seil, Rolls Royce Phantom, and even Skoda has a slew of launches in their pipeline for the Indian car industry.

Apart from new cars rolling every day on Indian roads, there are many new features added to the cars. Cars are also becoming automated with the use of automatic transmission system. Some of the high-end technological dazzlers are loaded with advanced and top-notch technical features. Along with, the entry of alternative fuel options is also expected to hit the Indian car industry. India will also have cars powered with air and water in future.

So, the future is definite and India is soon to hit the world’s car market and become the third largest car industry after US and China. All the domestic and foreign car manufacturers are making various advancements in the car models with respect to design, technology, fuel efficiency, colors, innovation, style, performance, luxuries and price. These advancements are constantly flourishing the Indian car market, a market that has transformed from a small ray to a competitive sunrise industry.

 



By: carazoo.com

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As the population in Australia gets older, the problem of renting a car both in Australia and overseas becomes more of an issue. Most car companies will have some kind of restriction if the older generation is looking to rent a vehicle. Whilst you may think that as someone that has been driving for 50 years or more, car rental companies can see you as a major risk to their asset

The Senior Driver Surcharge is payable by senior drivers over &/or between a specific age. This depends on country and/or car rental company. It is just the same as our car insurance companies here in Australia charge a higher premium if you have a driver aged 21 years on the insurance.

The reason why it is charged is because the car rental company sees senior drivers as high risk and they get charged a premium to have senior drivers covered by their insurance company. However, other car rental companies just restrict the driving age so they don’t have to get additional insurance.

To give you a few examples on how it differs between suppliers, let’s take a look at Car Rental in Ireland. One car rental company has a maximum age of 74 years with no surcharge payable. Another car rental company charges a EUR29 incl Tax /day fee for drivers aged between 70-74 years. And, a third car rental company doesn’t charge a surcharge but they require additional documentation from driver’s aged between 76-79 years, as follows -

1) Note from their Insurers stating that they have not been involved in any accidents within the past 5 years.

2) Note from their doctor stating that they are in full health.

When booking your car rental, it is advisable to always be truthful of the age/s of all drivers and ask the car rental company if there are any additional conditions for senior driver’s. Failure to do so may result in you using public transport to get around on your holiday.

Car Rental brokers, such as DriveAway Holidays will be able to advise quickly as to which company is going to be able to accomodate the older driver.



By: Car Guru

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Car auctions are houses that deal into selling of used cars purely based on bidding. These houses have a huge variety of cars from various sources comprising bank repos, private owners, car dealers, and car mechanics, offering great bargains for savvy car consumers.

Every month, nearly about 1000s of cars become government’s property through foreclosure law. These laws are implemented on foreclosed cars, cars that are confiscated by banks or finance institutes in case the car owner fails to pay the installment. Unfortunately, there are many who fail to pay the EMI (Easy Monthly Installments) of the car purchased due to some or the other reason including loss of employment and economic recession. So, these houses gather a variety of used car models in an assortment of colours and variants. This huge number of cars at the auctions compels the government to sell off the car at cheap prices and recover the debt.

Infact, during this era of inflation, it is one of the best ways to get cheap and affordable cars. Car consumers may have to sacrifice on the make, model, and colour options, but in a massive collection of cars, they definitely get the car of their choice. Even a good, well-conditioned and new car, a car that is one or two months old, can be purchased at comparatively cheap prices form the auction.

All the auctions are organized by government agencies, banks, and lending organizations that don’t sell off the car because of profit margins but to recover the debt and get rid of property as soon as possible. These organizations feel that auctioning a car is a better option than letting the car fall into a waste and unmovable piece. That’s the reason why cheap deals are attractive and impressive at car auctions.

The best part of these auctions is that the cars are sold at a price people want. The entire process undergoes a legal procedure where in the auctioneer states a price and after that the process of bidding starts. An individual, who states the highest bid, gets the car at the price quoted by him.

Car auctions are divided into categories and are mainly classified into three types:



Police Auctions or Government Auctions: These are the most common types of car auctions that have been around for years. Many of the cars and other automobiles have been seized by the police department or government agency when the vehicle owner is able to pay its monthly installment. The same vehicles are offered to prospective car buyers at sale prices.

Online Car Auctions: The advent of internet and advanced technology paved way for online car auctions. Today, there are many car auction website on the net where nearly about one car is sold off on the highest bid every one minute. Within the comfort of home or office, car consumers can win a car auction at their desired price.

Public Car Auctions: These are considered to be good and profitable bargains. The complete information about these auctions is often advertised on television and newspaper so that the common man can have a chance to get a cheap car at his desired price tag.





By: carazoo.com

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