Maruti Ertiga coming soon in April 2012

Maruti Suzuki India Limited (MSIL), the largest vehicle maker in the Indian auto market, has said that it will be marking debut in the rapidly growing compact MUV (Multi Utility Vehicle) segment by the first quarter of next financial year. The company had showcased its much anticipated Ertiga MUV model at the Delhi International auto expo, which received staggering response from the visiting car enthusiasts.
Maruti Ertiga, which will be a three row seven seater model, is expected to be carrying a price tag of Rs 6 to 7 lakh, where it will be giving a tough fight to the likes of Toyota Innova, Mahindra Xylo and Tata Aria.
Powered by a 1.4 liter K14 VVT petrol engine the new Maruti MUV will be delivering a peak power of 95PS along with a peak torque of 130Nm. In addition to this, a 1.3L engine is also expected to find a place in the Ertiga’s line-up, which is capable of delivering a peak power of 90PS along with a peak torque of 200Nm.
This is the same diesel engine to which Maruti sources from Italian car maker Fiat for its car models like Maruti Swift, Ritz, Swift Dzire and SX4 model. While the petrol version of the car will be delivering a mileage of up to 16 km per liter, the diesel version will be delivering a fuel economy of 20 .77 km per liter.

India’s Bajaj Auto Launched Low Cost Car RE60 –Amicars

Indian manufacturer Bajaj Auto has unveiled an ultra low-cost car, its first foray into the four-wheel market.

Bajaj Auto is known for its two wheelers and three-wheelers. The company is making a four-wheeler for the first time. Bajaj Auto, a listed two-wheeler and three-wheeler company, announced the launch of RE 60, an ultra-low cost car. The company claims that the car would have a mileage of close to 40 km per liter and will have a 200 cc engine.

The car will be launched in 2012. However, the car might be exported first before it is available here in India. “We could launch the four wheeler first in Sri Lanka,” said Bajaj. The engine is a new water cooled DTSi (Digital Twin Spark Ignition) 4 valve and would give a maximum speed of 70km per hour.

The car has a seating capacity of four people. It has been designed and developed fully by Bajaj Auto and not with Renault or Nissan Motors. Rajiv Bajaj, MD at Bajaj Auto, made the announcement and said that the engine for the car is state-of-the-art and environment friendly. It is frugally engineered, he added. “RE 60 will be produced at three-wheeler plant in Aurangabad,” Bajaj said, adding that it will be ready for production in the coming months.

He was speaking at a press conference in New Delhi on the eve of Auto Expo 2012, the biggest auto show in India. "We have developed a four wheel vehicle with mileage of nearly 40 km / litre. The car emits carbon dioxide of just 60 gm per km," he told reporters. Bajaj Auto is known for its two wheelers and three-wheelers.

The company is making a four-wheeler for the first time. However, the company could sell the car to Renault or Nissan Motors with minor modifications if they wish. “We are free to brand our own four wheeler and sell it anywhere in the world,” Rajiv Bajaj said. Tata Nano is currently the cheapest car in the world. Bajaj Auto has not disclosed the pricing.

Bajaj Auto shares were trading flat after slumping 8 per cent in trade on Monday. The December 2011 sales data was below expectation. Rajiv Bajaj said that Bajaj Auto would end the current fiscal with exports of Rs 6,500 crore representing nearly 1.6 million vehicles. He also said that it is extremely rare to find a car company with profit of over 10 per cent.

“We are Apple kind of company. We believe in making niche products; we are an 'anti car' company. We are 2, 3 and 4 wheeler company and in this space, our investment can't be anywhere near a car company, investment closer to what one would invest as 2 or 3 wheeler maker,” said the Bajaj honcho.