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Wednesday, January 25, 2012

By Shilpa Chopra

SBI increases the annual income limit for the car loans

SBI increases the annual income limit for the car loans

The State Bank of India has increased the annual income limit of Rs.2.5 lakh (i.e. 21, 000 per month) for the car loan customers. Now, the bank will provide the car loans to the customers having annual income of at least 2.5 lakh or more, earlier which used to be one lakh per annum (i.e.8, 300 per month). The SBI clarified that the.... [Read More]

Monday, January 16, 2012

By Pawan Rana

Car prices hike postponed sensing dwindling sales

Car prices hike postponed sensing dwindling sales

If there is high time to buy a car, it is now. Reason: Maruti India, Hyundai and Volkswagen have reportedly deferred impending price hike in January. Therefore, for car buyers in India it is like a time when they can own a 2012 model car at the price of a 2011 model car. The decision of postponement of the car price hike is expected to have.... [Read More]

Thursday, December 29, 2011

By Pranjal Gera

Auto cos to hike car prices by 2-10% from Jan '12

Auto cos to hike car prices by 2-10% from Jan '12

Year 2012 is going to shower many cars in India but at a little extra. A majority of car makers in the country are in the process of hiking the price of their cars by 2 percent to 10 percent starting the first quarter of the next year. Be it Mahindra or Maruti among the domestic ones or BMW or Audi among the foreign auto cos all are reportedly.... [Read More]

Friday, December 23, 2011

By Manoj Kumawat

SUV at the price of small car is what year 2012 has to offer

SUV at the price of small car is what year 2012 has to offer

Believe it or not, come 2012 and anyone can own a compact SUV or MPV at the price of a small car. Reason: carmakers such as Maruti, Hyundai and Mahindra besides Ford have all lined up to offer customers with SUVs, MPVs that will just cost similar to a premium hatchback. On the other hand, despite India being a market largely dominated by small.... [Read More]

Tuesday, December 20, 2011

By Shilpa Chopra

Fiat India cars to be dearer by 2 percent from next month

Fiat India cars to be dearer by 2 percent from next month

The Fiat India made vehicles will be costlier by two percent from January 1st 2012 onwards as reported by a company spokesperson. The hike is a result of the current decline in the Indian rupee and increasing raw material costs that forces Fiat India to revise the cost of its vehicles in the.... [Read More]

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