Toyota LMP1 at Paul Ricard in January
The eagerly awaited new Toyota hybrid LM P1 will test on the Paul Ricard circuit on 24, 25, 26 and 27 January 2012. It will be private testing, however, the car will be officially presented to the press at this time.
It's almost a tradition at Toyota to have the track debut of a new programme at Paul Ricard.
Because after the GT-One in 1998 and the TF 101 in 2001, the new LM P1
hybrid will make its official debut on the High Tech Test Track (HTTT).
From January 24 to 27, TMG (Toyota Motorsport GmbH) will
begin the implementation phase of the prototype on a circuit familiar
to the Cologne based organization - they have large premises during the
F1 year. The sporting offshoot of the Japanese manufacturer in Europe
has also has a pied-à-terre at Le Castellet as partners Oreca have been
installed there since 1987.
Barring 'leaks' or 'surprises', there is only a month to wait before
discovering the shape of the new rival of Audi and Peugeot in the WEC
... a month that will seem a long one for Nicolas Lapierre, Alexander
Wurz and Kazuki Nakajima, the first three drivers.
It has been observed that the sales level of the company has been reduced by 28 percent in the October-December 2011 quarter since the demand was greatly hit in the domestic market because of a few negative points affecting the car industry and by crippling hits at the Manesar plant of Maruti.
“Unit sales in the quarter were impacted by sluggish market conditions caused by higher fuel prices and interest rates. Additionally, the company lost around 40,000 units in production due to the industrial relations problem at Manesar,” the company said.
Maruti’s poor showing comes in after both the companies Bajaj Auto as well as Hero MotoCorp got a double-digit expansion in gains going on huge sales. For the leading carmaker of the country Hero MotoCorp, profit was more than 43 percent at Rs 613 crore against Rs 429 crore in the equivalent duration of the earlier year. The profit for Bajaj Auto was more than 19 percent at Rs 795 crore against Rs 667 crore in the similar duration of the earlier year.
In spite of the slow earnings, shares of Maruti Company ended the day higher on Bombay Stock Exchange at Rs 1183 more than 5.7 percent. For Maruti Company, net sales incomes was reduced by almost 17 percent at Rs 7664 crore against Rs 9,277 crore in the third quarter of the earlier fiscal. In a conference call by company, officials with investors were cautious on the outlook. Another thing that greatly hit the profits of the company is the decline of the rupee since it has made its imports directly and indirectly through vendors. Rupee decline has greatly affected the parent Suzuki Company as well.
“The year on-year forex impact in the quarter was to the tune of Rs 200 crore. This was on account of direct and indirect imports, royalty outgo, and reinstatement of liabilities partially offset by export gains,” Maruti CFO Ajay Seth said. The company said it is hedging forex exposure not only for itself, but also for vendors.
The bigger capital profits of almost Rs 160 crore in Q3 came to the rescue of the company. The profit was nearly Rs 130 crore in the similar duration earlier year. The net gains of the Maruti Company in 9 months ending 31 December 2011 was reduced by nearly 39 percent at 995 crore against Rs 1629 crore in the similar period of the earlier fiscal. The net sales of almost Rs 2353 crore has been recorded by the company and a reduction of 10 percent over the similar duration in the earlier year.
Mercedes got number second position in India in the luxury car markers after BMW. The cars manufactured by Mercedes are appealing to many senior executives. The company is planning to make use of FL platform for connection with people who come in between the age group of 15 to 40 years. The company has interest in promoting motor sports amid youth with non-refundable profits. It means, Accepting partnership with MTV, Mercedes has launched remote-controlled Mercedes cars and the winner will get the tickets to the F1 race in 24 colleges around six cities.
India becomes the third country for having a Merc racing academy after the countries such as China and Germany. Mercedes is even incentivizing purchasers to purchase its cars in the month of September and October by providing them a free drive to Greater Noida Circuit after F1 race. Almost 125 Mercedes car owners are going to drive in a convoy a week before the race, behind SLS AMG and Mercedes FA car, in an invitation event in the city Mumbai.
Maruti Suzuki Records Net Loss of 64 percent in Q3
The leading car maker Maruti Suzuki failed to follow two-wheeler companies in terms of gaining huge profits in the third quarter since Forex losses and there is a reduction in year-on-year profit by almost 64%. It has been reported by the company that a net profit of almost Rs 206 crore in the quarter ended 31 December 2011 in opposition to nearly Rs 565 crore in the similar period last financial.It has been observed that the sales level of the company has been reduced by 28 percent in the October-December 2011 quarter since the demand was greatly hit in the domestic market because of a few negative points affecting the car industry and by crippling hits at the Manesar plant of Maruti.
“Unit sales in the quarter were impacted by sluggish market conditions caused by higher fuel prices and interest rates. Additionally, the company lost around 40,000 units in production due to the industrial relations problem at Manesar,” the company said.
Maruti’s poor showing comes in after both the companies Bajaj Auto as well as Hero MotoCorp got a double-digit expansion in gains going on huge sales. For the leading carmaker of the country Hero MotoCorp, profit was more than 43 percent at Rs 613 crore against Rs 429 crore in the equivalent duration of the earlier year. The profit for Bajaj Auto was more than 19 percent at Rs 795 crore against Rs 667 crore in the similar duration of the earlier year.
In spite of the slow earnings, shares of Maruti Company ended the day higher on Bombay Stock Exchange at Rs 1183 more than 5.7 percent. For Maruti Company, net sales incomes was reduced by almost 17 percent at Rs 7664 crore against Rs 9,277 crore in the third quarter of the earlier fiscal. In a conference call by company, officials with investors were cautious on the outlook. Another thing that greatly hit the profits of the company is the decline of the rupee since it has made its imports directly and indirectly through vendors. Rupee decline has greatly affected the parent Suzuki Company as well.
“The year on-year forex impact in the quarter was to the tune of Rs 200 crore. This was on account of direct and indirect imports, royalty outgo, and reinstatement of liabilities partially offset by export gains,” Maruti CFO Ajay Seth said. The company said it is hedging forex exposure not only for itself, but also for vendors.
The bigger capital profits of almost Rs 160 crore in Q3 came to the rescue of the company. The profit was nearly Rs 130 crore in the similar duration earlier year. The net gains of the Maruti Company in 9 months ending 31 December 2011 was reduced by nearly 39 percent at 995 crore against Rs 1629 crore in the similar period of the earlier fiscal. The net sales of almost Rs 2353 crore has been recorded by the company and a reduction of 10 percent over the similar duration in the earlier year.
Renault and Mercedes are trying to give a big push to their cars in India by connecting with the young segment
Both Renault and Mercedes Benz are in the hope to ride piggy on first Formula 1 race of India, Airtel Indian Grand Prix so that they can do marketing and give a big push to their cars in the country. Ferrari along with the other two car manufacturers lined up prototype launches, virtual games, merchandise sale, racetrack drives for buyers and racing schools amid others for getting grip in the second increasingly growing car market. Benz is planning to connect with the young segment in which it is seen to track BMW in India. The main goal of Renault is to establish to make a great presence in the Indian automobile market. Ferrari Company does not have a manufacturing presence and hence trying to firm up its plans across Airtel Indian Grand Prix. “F1 coming to Indian will change the way companies look at sporting events other than cricker,” says Abdul Majeed auto practice leader, PricewaterhouseCoopers “It is a high-viewership, high-impact sport, ” he adds.Mercedes Benz has now set the pace for taking initiatives. It also signed up as automotive partner in the month august for all of the motor sporting events In Noida for 2 years at Budhh International Circuit. The Mercedes SLS AMG having the great speed of 317 km/hr is labeled as the safety car for all of the racing events will be taken place at the Circuit. This car even provides cars to race officials. In India, Mercedes showrooms for the race will be selling tickets. They will even have a devoted space-called pitstop corners-selling merchandise of Mercedes GP petronas F1 team till the end of that race.
“We are trying to bring the experience of motor sports closer to everyone,” says Debashis Mitra, director, sales & marketing, Mercedes-Benz India.Mercedes got number second position in India in the luxury car markers after BMW. The cars manufactured by Mercedes are appealing to many senior executives. The company is planning to make use of FL platform for connection with people who come in between the age group of 15 to 40 years. The company has interest in promoting motor sports amid youth with non-refundable profits. It means, Accepting partnership with MTV, Mercedes has launched remote-controlled Mercedes cars and the winner will get the tickets to the F1 race in 24 colleges around six cities.
India becomes the third country for having a Merc racing academy after the countries such as China and Germany. Mercedes is even incentivizing purchasers to purchase its cars in the month of September and October by providing them a free drive to Greater Noida Circuit after F1 race. Almost 125 Mercedes car owners are going to drive in a convoy a week before the race, behind SLS AMG and Mercedes FA car, in an invitation event in the city Mumbai.
