Indianomics!

It was reported that Mahindra is all set to buy the troubled South Korean automaker Ssangyong Motor Company. In the process, they beat 5 other bidders including Renault and Ruia Group of India.

This comes as a major acquisition since it is for sure going to fuel the growth of Mahindra in global markets where the company is trying hard to make its presence felt. What would be exiting enough for Indian markets would be the cars and the technology that Ssangyong brings in and how Mahindra are able to incorporate the same under their portfolio. Given that they already have technologically advanced with Mirco Hybrids and now Reva’s Electric technology, they are the hidden tigers at present who are all set to prowl in a year or two with brilliant products.

Ssangyong is good products in the SUV area though it only has a 2% overall market share in Korean market. This is where M&M finds solace with Ssangyong. The design language too can be an inspiration for future M&M cars. Its high time we saw a new Scorpio. Common guys, give us something more awe-inspiring stuff. (continue reading…)

Come Sunday and all the F1 fans can feast their eyes with a RBR F1 car doing rounds on the recently inaugurated Bandra Worli sea link. The RBR 02 2005 car of David Coulthard will cruise on the sea link. The authorities had given their NOC to the event management company for the event with a raider. The election commission has to also approve since the state elections are just so close. Initially plans were put on hold but with their approval coming, the car can zoom.

But there is a catch. The Red Bull team will not be able to display the true speed. David will have to run the car just 20kmph above the pit land speed. That is not exceeding the 100 kmph. This might be a bit disappointing for all the F1 fans and Red Bull. Hope to catch the glimpse of the RBR.

Ratan Tata will be marking a historic event in India, and its motor industry.

I have compiled a few information which should assist any Nano buyer.

Loans from Bank:

Nano is targeted at a group where most of the people will be choosing for a loan that putting cash on the table.

SBI group may be the leading lender for Tata’s Nano, but it may not be offering the cheapest interest rates. SBI and associated banks may be offering loans for Tata Nano at the prevaling interest rates, at around 11.5 – 12 %. At the same time, taking a loan from BoI (Bank of India) may be much affordable, since loans interest rates for the Nano’s perspective customers of Nano would be around 12.5 %.

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Ah, finally you can customize your Nano for a few thousand rupees and make it your unique one. That does not come cheap, but is far more satisfying to know that you bloody, can.

Luggage carrier for space consious.

Colored Bumpers for looks

Radio / Audio Player for those looking for solace in music

Body color, side skirts, alloy wheels… glore…

You get more options and it is not that you have to visit the Tata dealer to get these fitted. As confired in a report by Zee Business, you can get accessories in the market starting day three after the launch of a automobile product.

Fully Loaded Nano

What will a fully loaded Nano come with?

It comes with all the usual bells and whistles of a standard version but adds some of the following add ons.

Air Conditioning, Body Colored bumpers, Power stearing, Power Windows

What you can add on?

A audio player, Alloy wheel and a Luggage carrier.

The space of the small car is maximized in the inside for comfort, however taking a baggage is a concern. The back-engined Nano does not offer luggage space in the front, but actually behind. This space is smaller and may not gobble up much of your luggage. If you are not having rear passengers, you have an option of adjusting the rear seats to accomodate your luggage. Or if you have, then you are stuck with it.

The AC has been reported to be good enuf to combat the heat for April and May. As compared to the AC which comes with Maruti 800, it is better. (reports Zee Business)

Interior plastic is not top – notch and you may feel the cheap plastic keeping in the theme with its cost. So don’t be surprised.