Ousted Nissan Motor Co Chairman Carlos Ghosn has offered to wear an electronic ankle tag and hire guards to monitor him in an unusual bid to secure his release on bail after two months of detention in Japan for alleged financial crimes. Ghosn is also willing to remain in Tokyo, where he has leased an apartment, and post stock he owns in Nissan as collateral, his spokeswoman said. A new bail hearing is set for Monday after an earlier request was denied due partly to concerns the French executive was a flight risk.
Maruti Suzuki India Limited today launched a program - Mobility & Automobile Innovation Lab (MAIL) to promote innovation in India in the automobile and mobility space. The initiative will help in identifying innovative and cutting edge solutions through start-ups, which are futuristic and customer oriented. The program will provide a platform to the budding talent in India to showcase their entrepreneurial capabilities at a national level.
The all-new 2018 BMW X4 comes with a very distinctive coupe-like roofline and borrows cues from the new generation X3, the model on which it is based on.The X4 won't have a direct rival in the Indian market but it's likely to compete against the Range Rover Evoque, Audi Q5 and the Mercedes-Benz GLC in the segment.
Lamborghini India has launched the Aventador SVJ in India. The Lamborghini Aventador Superveloce Jota or 'SVJ' made its global debut earlier in 2018 and it's probably the final hurrah for the Aventador. India's first example of the limited edition supercar has landed in the country. India's first Lamborghini Aventador SVJ has been delivered in Bangalore, Karnataka to a private buyer. Revealed at the Pebble Beach Concours d'Elegance 2018, only 600 examples of the SVJ will ever be produced and we're glad to see that one of them has landed on Indian shores. This just shows how the company has been able to grab its share of customers in the country, with its varied products.
Maruti has entered into an agreement with its Japanese parent company according to which it will be paying royalties to them in the Indian currency instead of the Japanese currency from 2025. According to our sources, India's largest carmaker is looking forward to playing a major part in the development of new models as it is planning to have a completely new product offensive in the next six years following which it will be paying royalties to Suzuki Motor Corporation in Rupees instead of Yen. Royalty payment in rupees aims to reduce average royalty rates to 5 per cent of the net sales of existing models. Comparatively, royalty payment in Japanese Yen was about 5.6 to 6 per cent for existing models.
Nissan Kicks 2019: The top-end XV (O) variant of the Kicks is equipped with features like an 8.0-inch touchscreen infotainment screen which supports Apple CarPlay and Android Auto, 360-degree camera view which is a segment first feature and a big aid to nip through tight spots or while parking. Nissan is offering the Kicks with a total of 12 colour options- Pearl White, Blade Silver, Bronze Grey, Amber Orange, Deep Blue Pearl, Night Shade and Fire Red while the top end variant also get dual-tone as optional such as white with orange roof, white with black roof, grey with orange roof and red with black roof.
Along with adding requisite safety features in the new Elite i20 in a bid to comply with the upcoming safety norms, Hyundai has given significant feature updates to the mid-spec Magna variant of its popular premium hatchback.
The 2019 Toyota Camry Hybrid has been launched in India and the Japanese carmaker has impressed with the pricing this time. While we were expecting the all-new Toyota Camry Hybrid to be a couple of lakhs more expensive than the outgoing model given that it has received a significant update, at Rs. 36. 95 lakh (ex-showroom, India) Toyota has managed to price it Rs. 27,000 cheaper than the previous model which was priced at Rs. 37.22 lakh (ex-showroom, India). The aggressive pricing seems even more impressive considering the fact that the government has withdrawn the incentives on Hybrid models and has imposed 48 per cent GST on them, in line with all the other models which measures above 4 metres and have an engine capacity of over 1.5 litres.
The latest teaser for the 2019 Maruti Suzuki Wagon R gives us an extended sneak-peek at the car's cabin. The cabin of the new-gen Wagon R has gone through a major overhaul, with an all-new dashboard, new interior, and a smart touchscreen infotainment system, among others.
