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Showing posts with label Latest News. Show all posts
Nissan's MICRA Launched In Indian Roads
NISSAN gorgeously launches its Next economic gadget for automobile Industry ' MICRA'. Small cute Micra has been creatively designed with great interiors and exteriors. But incidentally had been under some controversy over its shape and size. But whatever it deserves, it would be truly a common mans fiancé soon.Built on a new versatile V-platform, Micra is designed to offer a broad appeal to customers in both emerging and developed markets.
Micra has extensive and amusingly much more space than it seems from the exterior view.
Positioned in the B+ car segment, the new Micra is equipped with some key technological innovations, which are designed to simplify day-to-day life for its owners. It offers first-in-its-class Intelligent Key plus Immobilizer, push-button engine start-stop system and electric foldable mirror.
The boot space and leg space for the back seats are comfortable, But, rear seats are flat and lack thigh support, drawing it back from comfort zone a bit.
This Tiny monster might also be proud on its own new featured technologies.
- The wing-mirrors get automatically folds and unfolds when you lock and unlock the car.
- Keyless entry and push start/stop button.
- Micra is the first car in the segment to feature SRS airbags on ALL models, but only on driver’s side on the lower variants.
MICRA makes driving Pleasure:The Nissan Micra is powered by an 1198cc three-cylinder motor that develops a maximum power of 75bhp at a whooping 6,000 rpm. Three-cylinder engines are infamous for idle vibration but Nissan has come up with a unique technology (oval rotation of the crank pulley) which has considerably cut down idling vibration. Moreover, the Indian version has been tweaked for optimum fuel efficiency and lesser emissions. The result is evident – an Automotive Research Association of India backed figure of 18 kmpl!.
The third gear offers a wide enough power band that makes driving in dense traffic easy. With a small turning radius of just 4.65m and excellent visibility, city driving becomes a pleasure. However, the gear shifting is slightly jagged, which is definitely not expected from Nissan.
Micra is not just another car in the B-segment. It is a good blend of practical design and a handful of new unique features and seamless technology ingeniously packed. It has managed to live up to the reliability that you expect form a brand like Nissan. Prices for the car are not yet finalised and we need to wait until July 14 for that. However, rumour has it that the estimated price is Rs 4.00 lakh for the base XE model, Rs 4.75 lakh for the XL, and Rs 5.25 lakh for the top-end XV variant.
CAR LOANS SET TO HIKE UP.
It's been quite a few months that a vital factor like easy financing has been on the side of the domestic auto majors and hence several auto companies have been able to file record sales numbers month after month, but perhaps the advantage is slowly fading away.
Following the 25 basis points hike in repo and reverse repo rates by the Reserve Bank of India (RBI), interest rates on auto loans is set to go up 25-50 basis points from next week.
In a country where close to 70% of the total cars are financed before they make their way out of the showrooms, experts are of a view that the buyers will now have to shell out an additional Rs 100 as EMI on an Rs 4,00,000 loan for a period of 36 months.
It is to be mentioned here after it is made public by various banking companies; it will be second hike in interest rates in the current financial year as far as the auto loans are concerned.
Notably, the banking industry had hiked rates by 25 basis points around the period of April this year. The existing rate of interest on automobiles varies between 9.5 per cent and 12.5 per cent depending on the bank.
Thanks to & Actual Article on: Stock Watch
...
Following the 25 basis points hike in repo and reverse repo rates by the Reserve Bank of India (RBI), interest rates on auto loans is set to go up 25-50 basis points from next week.
In a country where close to 70% of the total cars are financed before they make their way out of the showrooms, experts are of a view that the buyers will now have to shell out an additional Rs 100 as EMI on an Rs 4,00,000 loan for a period of 36 months.
It is to be mentioned here after it is made public by various banking companies; it will be second hike in interest rates in the current financial year as far as the auto loans are concerned.
Notably, the banking industry had hiked rates by 25 basis points around the period of April this year. The existing rate of interest on automobiles varies between 9.5 per cent and 12.5 per cent depending on the bank.
Thanks to & Actual Article on: Stock Watch
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