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Auto Sales hit all time high for August 2010

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Auto Sales number for the month of August 2010 has come out today and all the company have hit the all time new high yet another time previous month .
Maruti Suzuki

Maruti Suzuki India rose 1.29% as total vehicle sales grew 23.6% to 1.04 lakh in August 2010 over August 2009. This is the highest ever monthly sales recorded by the company.

TVS Motor Company

TVS Motor Company rose 2.78% as total vehicle sales in August rose 34% to 170,735 units in August 2010 over August 2009. Total two wheeler sales grew 32% in August with sales of 1.67 lakh units in August 2010 over August 2009. Three-wheeler sales surged to 3,626 units, from 1,033 units in August 2009.

Bajaj Auto

Bajaj Auto is likely to announce its numbers tomorrow but sources say that the company is likely to post bike sales of 2.9 lakh units in August, again, the highest ever monthly sales. The sale of Pulsar is learnt to be at 83000 units for August while Discover sales are at 1.27 lakh units.

Hero Honda

Hero Honda reported a rise of 2.3% in its sales at 4.24 lakh units in August 2010 over August 2009.


Maruti Alto K10 – New series from Maruti Suzuki Alto family

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Maruti Suzuki on august 4th 2010 launched a new series of Alto , which they have called as Alto K10,the series comes equipped with a K-series, 998 cc engine. they come with improved suspension, new cable-type transmission, superior brake system and more knee-room for rear seat passengers.
Highlights of Alto-K10

>Fuel efficiency: 20.2 km per litre – the highest among petrol cars in A2 segment
>Performance: Alto-K10 can accelerate from 0 to 100 kmph in just 13.3 seconds
>New cable type transmission for easy gear shifting and enhanced driving pleasure

Alto-K10 is available in an array of six colours :

Sunlight Copper , Midnight Black
Fire Brick Red , Superior White
Ecru Beige , Silky Silver

Introductory Price

Alto-K10 LXi Delhi 3.03 lakh
Alto-K10 VXi Delhi 3.16 lakh


Bajaj Auto Bonus Issue – Results Declared

Bajaj Auto net profit rose 101.08 percent to Rs 590.15 crore in Qtr ending June 2010 for the financial year 2009-2010 Compared to Rs 293.49 crore in qtr ending June 2009. Sales rose 65.44% to Rs 3737.29 crore in Qtr ending June 2010 for the financial year 2009-2010 Compared to Rs 2258.99 crore in qtr ending June 2009.They have also decided to give a liberal Bonus of 1:1.


Volkswagen Vento in India from Jul 6th 2010

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Volkswagen Vento which is the Saloon version of the popular Polo Hatchback.Volkswagen Vento is getting ready in the Chakan near Pune and the atch back version of Polo which itself is a big hit in india , is going to release the saloon version on July 6th 2010 , This will be a sure competitor to Honda City,Feat linea,Hyundai Verna and more.The Car as such carries the traditional understated looks of the Polo but the way the VW designers have crafted the notchback portion makes for a car with very pleasing proportions and also visually very appealing. The curvy roofline is elegantly drawn that not only makes the car look stylish but also gives it a very confident poise overall. The Polo in its sedan guise as Vento tends further towards sophistication and luxury than the sporty and aggressive lines of the hatch design. The creases running alongside the car are very modern and the six-spoke alloy wheels further compliment its looks.We can expect this to be priced between 7 to 8 lacs , wait for more info on the release day.Different colors it will come in is Deep Black, Flash Red, Glacier Blue, Silver and Candy White.


Axis Fixed Term Plan – Series 4 (3 Months)

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Mutual Fund Axis Mutual Fund
Scheme Type Close Ended
Scheme Category Income
Launch Date 08-Jun-2010
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Eicher Motors hits 5th Gear in the Market after Volvo Deal

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Eicher Motors Ltd has informed the market that VE Commercial Vehicles Limited (VECV), which is eqal partner ship between Volvo and eicher motor would be the global manufacturing hub and industrial base for Euro 3, Euro 4, Euro 5 and Euro 6 medium-duty base engine requirements of the Volvo Group.They would make a investment of Rs 288 crore,The manufacturing unit is located at Pitampur in Madhya Pradesh, It will be operational in the second half of 2012.The stock hits the roof friday after the news and buying was witnessed , it was up by 15 percent or 124 rs closed the day at 921 rs.


Axis Fixed Term Plan – Series 10 (1 Year)

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Mutual Fund Axis Mutual Fund
Scheme Type Close Ended
Scheme Category Income
Launch Date 08-Jun-2010
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Mutual Fund Franklin Templeton Mutual Fund
Scheme Type Close Ended
Scheme Category Income
Launch Date 01-Jun-2010
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DSP BlackRock FMP – 3M – Series 17

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Mutual Fund DSP BlackRock Mutual Fund
Scheme Type Close Ended
Scheme Category Income
Launch Date 04-Jun-2010
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DSP BlackRock FMP – 12M – Series 5

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Mutual Fund DSP BlackRock Mutual Fund
Scheme Type Close Ended
Scheme Category Income
Launch Date 04-Jun-2010
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Mutual Fund Fidelity Mutual Fund
Scheme Type Close Ended
Scheme Category Income
Launch Date 03-Jun-2010
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Mutual Fund IDFC Mutual Fund
Scheme Type Close Ended
Scheme Category Income
Launch Date 01-Jun-2010
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Tagged with:
Mutual Fund Franklin Templeton Mutual Fund
Scheme Type Close Ended
Scheme Category Income
Launch Date 01-Jun-2010
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Mutual Fund Fidelity Mutual Fund
Scheme Type Close Ended
Scheme Category Income
Launch Date 31-May-2010
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MIRAE ASSET EMERGING BLUECHIP FUND

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Mutual Fund Mirae Asset Mutual Fund
Scheme Type Open Ended
Scheme Category Growth
Launch Date 24-May-2010
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Axis Income Saver

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Mutual Fund Axis Mutual Fund
Scheme Type Open Ended
Scheme Category Income
Launch Date 24-May-2010
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Tata Gilt Mid Term Fund

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Mutual Fund Tata Mutual Fund
Scheme Type Open Ended
Scheme Category Income
Launch Date 20-May-2010
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SBI PSU Fund

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Mutual Fund SBI Mutual Fund
Scheme Type Open Ended
Scheme Category Growth
Launch Date 17-May-2010
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Birla Sun Life India Reforms Fund

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Mutual Fund Birla Sun Life Mutual Fund
Scheme Type Open Ended
Scheme Category Growth
Launch Date 10-May-2010
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Mutual Fund Reliance Mutual Fund
Scheme Type Close Ended
Scheme Category Income
Launch Date 06-May-2010
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Mutual Fund Reliance Mutual Fund
Scheme Type Close Ended
Scheme Category Income
Launch Date 04-May-2010
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Tagged with:
Mutual Fund Reliance Mutual Fund
Scheme Type Close Ended
Scheme Category Income
Launch Date 04-May-2010
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Kotak FMP 370 Days Series 4

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Mutual Fund Kotak Mahindra Mutual Fund
Scheme Type Close Ended
Scheme Category Income
Launch Date 03-May-2010
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IDBI NIFTY INDEX FUND

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Mutual Fund IDBI Mutual Fund
Scheme Type Open Ended
Scheme Category Growth
Launch Date 03-May-2010
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Baroda Pioneer Infrastructure Fund

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Mutual Fund Baroda Pioneer Mutual Fund
Scheme Type Open Ended
Scheme Category Growth
Launch Date 03-May-2010
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