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WORLDSCALE_3

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US President Barack Obama signed a Bill into law late last month empowering US authorities to impose penalties on foreign banks dealing with the Central Bank of Iran to settle oil import payments.

Iran has threatened to block oil deliveries through the Strait of Hormuz if sanctions are imposed on the country’s oil industry over its nuclear activities. The US Energy Information Administration estimates that the strait carries about 20 per cent of all oil traded worldwide.India gets about three-quarters of its crude needs through imports and Iran is its second-largest supplier after Saudi Arabia. The European Union has also agreed in-principle to ban imports of Iranian crude oil to the EU.

Six Gulf nations, including Saudi Arabia and Iran, supply 58 per cent of India’s total annual consumption of 163.59 million tons of crude. The closure by Iran, may also hinder the 7.5 million tonnes of liquefied natural gas that Qatar ships through tankers each year to India.

However,The Indian Government is optimistic that there would be no impediments to importing Iranian oil despite a new wave of sanctions imposed by the West.”As long as there are no sanctions on oil as such, other problems can be managed .There are some practical problems in making payments but we have managed to surmount those problems”Oil Minister S.Jaipal Reddy commented.

The U.S., Britain and Canada announced new measures against Iran’s energy and financial sectors last month and France proposed “unprecedented” new sanctions, including freezing the assets of its central bank and suspending purchases of its oil.Mr.Reddy declined to comment on whether India would buy more Iranian oil if the European Union bans imports, or whether India was in talks with Saudi Arabia about fall back supplies if Iran crude stops coming, saying both were “hypothetical” situations.

The Prius has been much welcomed by nations all over.The Prius has not just introduced itself as a Green car,but,it provides the World with a view of New Age Clean,Eco-friendly technologies which can save the Automobile industries once the Crude Oil Resources Deplete completely.This technology might drive our future cars!

In India,a country where still a lot of development in Automobile Industry is to take place,there was not much of an acceptance for Eco-friendly cars when the Prius was first Launched in End 2010.Many Indians still are Petrol Heads.While more & more are changing over to Diesel variants,its can only be because of increase in Petrol prices.

We,at TejWebWorld.com think that such a market Scenario where up till now,there hasn’t  been a truly Hybrid vehicle besides the Prius around,The New Toyota Prius has a Very Good Opportunity to achieve a strong foot Hold in the Automobile Market here.India has quite a large number of People who are Environmentally conscious and many more are joining them everyday.Its the Right time to launch a new Variant.

Toyota, has announced the launch of the new variant of its mid size hybrid sedan, Priusat the Delhi Auto Expo 2012. The auto giant made an entry in the Indian market through a joint venture with the Kirloskar Group in 1997 and had launched the Prius in that year internationally, with a global sale of 24 lakhs units. The car is globally recognized as the pioneer and the market leader in bringing about new developments in Hybrid technology. It is expected that the latest Toyota Prius is expected to be kept at a price range between Rs.27.39 Lakh to Rs.29.41 Lakh. This is the third generation of the Prius in the Indian auto market, which had been initially introduced in the Indian auto market in 2010.

Hybrid technology has been the core focus of Prius and it is the first hybrid vehicle to be mass produced. Not only has the Toyota Prius been capable of delivering benchmark levels in terms of fuel efficiency as well as lower emission of carbon, the car has also revolutionized the auto market in numerous ways through its high technological design along with the power packed driving performance it offers. This has led to the car being acclaimed greatly across the globe.In addition, its technology has stepped into introducing one of the most innovative advancements in the form of the Solar Ventilation System along with its present battery technology. This feature aims at ventilating the inside of the cabin when the vehicle is parked, with the help of the electricity generated by the solar panel affixed on the moon roof.

The company has so far sold 150 units of this car since its launch in India in 2010.Shekar Viswanathan, Deputy Managing Director (Commercial), Toyota Kirloskar Motor,commented; “The introduction of the Prius was Toyota’s endeavor to bring in advanced automotive hybrid technology to India with an aim to initiate and encourage the hybrid market in India. We hope to see more Prius customers and contribute to the growth of the Indian hybrid market and thereby contribute to a greener tomorrow.”

The new Prius is also featured with the Easy Seat accessory, which is a customized swivel seat aimed at making conveyance more comfortable for the passengers with impaired mobility. Besides, the car hosts of re-designed headlamps, front grill, front bumper, alloy caps, turn indicator with ORVM retract and LED tail lamps.The Remote controlled Air Conditioner that the car has allows the users to operate the air conditioner even before stepping into the car. Thus, the cabin temperature is perfectly in tune with your requirements, even when you have just entered the car.

While being a Hybrid,it also gives the Conventional Cars a run for their Money with state of the Art technologies like  new turn-on indicators having OVRM Retract, headlamps, along with new design of its alloy caps, LED Tail Lights & latest Audio system that is equipped with JBL 8 speakers. It also has a Back Monitor and an USB port.

The vehicle aims to encourage other manufacturers to participate in this segment.The Best part of this Car is the ‘Easy Seat’, which is an accessory recommended by Toyota Kirloskar Motors.The swiveling seat that has been customized to address transport related issues particularly for people, who are impaired with mobility issues.This seat is going to cater to a vast segment of people and particularly the mobility needs of ‘special’ people, who can use these vehicles comfortably from now on. This Easy Seat is provided with a mechanism, which allows sliding and swiveling of the seat. The seat is user-friendly and can be easily turned and slid, therefore people having special mobility requirements can easily enter and exit the car. This has been specially recommended for people having medical ailments including arthritis and knee problems. The seat has received the certification of ARAI and conforms to all industry set safety norms. It is a recommended accessory from Toyota.The seat will cost you a mere 30,000Rs. more and will be warranted for 1 year.But,we are damn sure that the satisfaction and the Utility of the seat will be a lot  more than the Price you’ll have to pay for it.

This a one-of-its Kind car which gives you the ability to travel with absolute comfort,luxury and an environmentally conscious peace of mind without compromising the passion of driving!

The Mini was set to arrive way back in 2009,but,the unfavorable market conditions at that time meant that Indian Auto enthusiasts had to wait for two more years before they could finally set their hands on these historic,amazing,achievements of British Motoring .The Mini is a Grand Legend all over the World!

The Cooper hatchback is the most affordable car in the line-up. However, with an asking price of Rs. 24.9 lakh (ex-showroom, Delhi),it is going to make you pay dearly.All the models are available with the choice of petrol engines and six-speed automatic transmission.

The Minis come with a heavy price because of the high import duty imposed on imported cars in India, which also add a tax burden of about 110 per cent.All the Minis are imported in Single Built Units.The company has started bookings of the Mini in India and deliveries will start by March.

Lets see what the Minis are;

Mini Cooper is available in four variants in India:Mini Cooper,Mini Cooper S,Mini Cooper Convertible & Mini Cooper Countryman

The Mini is a small car that was made by the British Motor Corporation (BMC) and its successors from 1959 until 2000. The original is considered a British icon of the 1960s.The vehicle is in some ways considered the British equivalent to its German contemporary, the Volkswagen Beetle, which enjoyed similar popularity in North America. In 1999 the Mini was voted the second most influential car of the 20th century, behind the Ford Model T.

1.6 litre petrol engine
- 1.6 litre turbo-charged petrol engine

Mini Cooper and Cooper Convertible are powered by a 1.6 litre petrol engine which generates maximum power of 122 bhp at 6000 rpm with maximum torque of 163 nm at 4250 rpm. Mini Cooper S and Mini Cooper Countryman are powered by a turbo charged 1.6 petrol engine which generates maximum power of 184 bhp at 5500 rpm with maximum torque of 244 nm at 1600 rpm

MINI COOPER DETAILS;

Car Body Type: Hatchback
Segment:D Segment
Top Speed:203kmph
ENGINE 1598cc Petrol
Maximum Power:
122 Bhp @ 6000 rpm
Maximum Torque:
163 Nm @ 4250 rpm
Length:
3699 mm
Width:
1683 mm
Height:
1407 mm
COOPER MINI S DETAILS;
Car Body Type:
Hatchback
Segment:D Segment
Top Speed:228kmph
Displacement:  1598cc, turbo charged Petrol Engine
Maximum Power: 184 Bhp @ 5500 rpm
Maximum Torque: 244 Nm @ 1600 rpm
Length: 3714 mm
Width:1683 mm
Height: 1407 mm
MINI COOPER CONVERTIBLE DETAILS;
Car Body Type:Roadster
Segment: D Segment
Top Speed: 198 kmph
Displacement:1598cc Petrol Engine.
Maximum Power: 122 Bhp @ 6000 rpm                                                      
Maximum Torque:163 Nm @ 4250 rpm
Length: 3699 mm
Width:1683 mm
Height: 1414 mm

MINI COOPER COUNTRYMAN DETAILS;
Car Body Type:Crossover
Segment: D+ Segment
Displacement: 1598cc, turbo charged petrol engine
Maximum Power: 184 Bhp @ 5500 rpm
Maximum Torque:244 Nm @ 1600 rpm

It seems that MINI does not intend to introduce Diesel Variants of their models anytime soon in India.However,they have assured that all the models will come equipped with 6-speed automatic transmissions .Of the 4 models,the Mini Countryman seems to be suitable for the inhospitable Indian roads.

This Year’s not different either,with many Automobile majors arranging a line up of new models to be launched in the market.One such example is the Launch of the Skoda Rapid!The car was actually Launched in the month of November,but,it gained more publicity a few weeks after.Skoda was yet to complete its infrastructure set up for mass production of this car.

The Launch of the “Rapid”is one of the part of Skoda’s aggressive market penetrations strategy in India.The Rapid is priced perfectly within the premium and entry level Sedans.

During the Launch of the Skoda Rapid, Mr. Thomas Kuehl, Member of the Board & Director, Sales & Marketing, ŠKODA Auto India said “ŠKODA Auto India marks a crucial milestone in India with the launch of Rapid. We intend to strengthen our presence in the highly competitive C segment in the country with this launch. We are confident that this car will become the cornerstone for the ŠKODA brand in India. It’s distinctly fresh, young, smart and clear-cut design makes Rapid a well-balanced car and therefore successfully fills the gap between ŠKODA Fabia and the current Laura.”

The Rapid is being offered with two-engine options – a 1.6-litre petrol and a diesel with the same capacity, generating identical horsepower at 105bhp, although the diesel makes a great deal more of torque (250Nm to the petrol’s 153Nm) but torque differentials are massive between the two models, with the TDI putting down 250Nm between 1500-2500rpm and the petrol making 153Nm @ 3800rpm. Similar to the Vento ,you do have the option of buying the petrol powered Rapid with a 6-speed auto instead of the 5-speed manual ‘boxes that are available on both.

it comes fitted with a 2-DIN audio player on the top of the line Elegance variant with AUX input as well as an SD/MMC card reader connectivity.The High-end Variant of the Rapid will get you electronically regulated climate control .In the Basic versions,you’ll have to adjust the temperatures yourself.

If you are wondering how much can the price difference be among the variants here a list;(approx. Prices are Ex-showroom,Delhi)

Active 1.6 MPI MT : Rs 6.60 Lakhs
Ambition 1.6 MPI MT : Rs 7.10 Lakhs
Elegance: 1.6 MPI MT : Rs 7.99 Lakhs
Ambition 1.6 MPI AT : Rs 8.010 Lakhs
Elegance 1.6 MPI AT : Rs 9.00 Lakhs
Active 1.6 TDI CR : Rs 7.95 Lakhs
Ambition 1.6 TDI CR : Rs 8.30 Lakhs
Elegance 1.6 TDI CR : Rs 9.20 Lakhs

For all our readers who prefer technical data,here’s a list you might be interested in;

So here’s what we think;

It’s a good car,provided you choose the Diesel variant,comfortable Automatic transmission with modes to suit your style of driving.As the Name Skoda,lives up to its expectations of a comfy ride and quality handling.built quality is good.Does have some advantages when compared with Volkswagen’s Vento.

However,you don’t get auto-transmission in the Diesel variant.Lets be frank,For that price in the Indian market,we”d expect more Technical features and electronics on the dash board like steering mounted controls, USB stereo, parking sensors etc.Skoda after sales service is a bit on the down side.

To end with,the Skoda Rapid is certainly a good car for the European Market with upgraded features.It does compete with the Vento.But it is a Doubltful whether it can cheer the Sedan Buying  masses in India.It certainly stands no chance in terms of technical features provided my Auto majors like Suzuki,TATA, at lesser prices.Nonetheless,It is a good  Choice when considering premium Sedans in India.
 

The plan is to transfer 500MW through the Punjab border with the tariff linked to the market rate. In addition, talks are in progress to build a 200-km pipeline originating from the Bathinda refinery to move surplus diesel from India to Pakistan.

The Deal is expected to see the Light of the day  when commerce and industry minister Anand Sharma will visit Pakistan in mid-February with a business delegation.

This move is an good example of the willingness of both the countries to boost cross-border trade and Enhance Bilateral Trade Co-operation,thereby assuring stability ,Friendly relations & Economic growth for both,India as well as Pakistan.

India has now allowed foreign individual investors, pension funds and trusts to directly invest in equities.However,this had been predicted earlier.The Situation up till now looked troublesome as Foreign Investors were withdrawing their money from the Indian Markets.This move is considered as an attempt to shore up investor confidence and attract money from overseas to bridge widening current account deficit.

This decision to allow Qualified Foreign Investors (QFIs) to directly invest in the domestic equity market as it will help attract “a wider class of investors”. The recent market trend saw High Fluctuations in the Value of Rupee which made Foreign Investors Skeptical.

By allowing QFIs, the government is opening a new avenue for investment, earlier controlled by foreign institutional investors. Foreign nationals, who wanted to invest in Indian stock markets, came through the sub-account route. Non-resident Indians were, however, permitted to invest directly.

So far, QFIs(Qualified Foreign Investors) were permitted to invest only in mutual fund schemes. “As a next logical step, it has now been decided to allow QFIs to directly invest in the Indian equity market in order to widen the class of investors, attract more foreign funds and reduce market volatility and to deepen the Indian capital market,” the finance ministry said.The Finance Minister Mr.Pranab Mukherjee expressed that the steps that the government is taking should hopefully help restore some confidence in the market.

Now,as QFIs can directly invest in Indian equity market, the class of investors will be widened. More Investments into the Indian equity markets are expected.The Govt. hopes to rope in more funds with this move which may play a key role in stabilizing the Current highly fluctuation markets  and bring a Progressive growth to the Indian Markets and appreciation of the Rupee.

The wide variety of big Machines covered in the series along with the humor of Matt Rogers makes it a must watch Show.

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Honda Siel Cars India (HSCI) had launched a new version of itsver Rs 1.5 lakh from the existing model as it looked to increase sales in a fiercely competitive compact car market.had launched a new version of its premium hatchback Jazz, cutting the price by over Rs 1.5 lakh from the existing model as it looked to increase sales in a fiercely competitive compact car market.

Honda India, that is battling rising competition amid constraints in supply of key parts due to floods in Thailand, also made a few upgrades to the Sedan model that now has a higher ground clearance, is longer in length and has some restyling done to the front and rear bumper.

The new ‘corporate edition’ of the City will cost Rs 6.99 lakh. The price of the previous entry model (EMT) was Rs 7.49 lakh (both ex-showroom Delhi). With the new prices, the City matches prices of its rivals in the market.