Thursday, September 28, 2006
Designer Robert Hoffmann drew up this Nissan concept for an auto magazine. The futuristic conveyance is not intended for production, but it's an interesting exercise just the same.
The oversized rear wheels are slanted inward, and move backward for highway cruising, optimizing space when retracted for city driving and enhancing stability in conjunction with a deployable rear wing at higher speeds.
The "car of tomorrow" would theoretically employ a hybrid or electric power plant if it were actually built. Kinda looks like a cross between an alien and an iPod.
(Follow the jump for more pics.)
[Source: via Motor Authority]
Kirk Kerkorian may buy up to 12 million additional shares of GM stock, according to Automotive News. The billionaire investor would need approval from the Securities and Exchange Commission for the deal because it would send his company, Tracinda Corporation, well over 10 percent ownership of GM common stock.
The move supports GM's potential alliance with Renault/Nissan, a merger that Kerkorian has battled for from the beginning. Officially, Tracinda said this in the filing with the SEC:
"Tracinda continues to believe that a strong opportunity exists in a potential alliance between General Motors, Renault and Nissan and that there should be strong General Motors board involvement in the analysis of such a potential alliance, including the utilization of independent advisors."
We're interested to see what power this gives Kerkorian and right-hand man Jerry York, whom Kerkorian has placed onto GM's board of directors.
[Source: Automotive News]
There's been a lot of buzz in the air distracting us from the proposed alliance between General Motors and Renault/Nissan, including talk about a GM alliance with Ford, purported "lukewarm feelings" within the ranks at GM about becoming aligned with the French-Japanese powerhouse, and even GM looking for cash as part of the deal.
Not to worry.
GM and Renault/Nissan have clambered back up to the forefront with a press release distributed this morning, stating that talks are still happening and the possibility of a merger is still under consideration.
GM chairman and CEO Rick Wagoner and Renault/Nissan CEO Carlos Ghosn met today with the Paris Motor Show as their backdrop, hinting that a decision could be made in as early as three weeks. The two sides said in today's statements that GM, Nissan and Renault will continue to explore "how an alliance could generate significant shareholder value for each company."
[Source: Automotive News]
Wednesday, July 26, 2006
Saturday, July 15, 2006
27 June 2006
Official launch of CarSalesIndia.com by Sams Auto Trade Ltd (UK)
Sams Auto Trade Ltd a UK based Automobile company officially launched India’s No 1 automobile portal CarSalesIndia.com. CarSalesIndia.com is a compelling and intelligent web portal that provides services to the growing automobile market in India.
In a very special launch ceremony here in the Le Royal Meridian, Mr. Samuel Jeyakumar, Chairman & Director of Sams Auto Trade Ltd UK, and Ms. Preena Sherene Managing Director of Sams Auto Trade (I) Pvt Ltd welcomed over sixty guests to an evening launch ceremony. The guests were shown a presentation on the success and growth strategy of its hugely popular and successful automobile portal CarSalesIndia.com. The guests along with the senior officials and executives thereafter joined for a dinner party.
There are more than 2000 live used/new cars available in the website currently in which more than 1000 cars are from Chennai alone. This presents a big opportunity for car buyers in Chennai to start their search for a car online. Over 90% of all used car dealers in Chennai are registered in CarSalesIndia.com and a few new car dealers have also joined hands to mass market their products, the numbers are growing exponentially every quarter. In Bangalore over 40% of the used car dealers are registered and nearly 500 cars are available online now.
Individual car owners are also welcome to advertise their cars online. It is a simple one step process to advertise cars online, for those who don’t have internet access a telephone line has been set-up, call us at 044-42323282, and we will do the advertising on your behalf. We can also arrange for our executive to take a digital photograph of your car to be advertised in the website. We have received excellent customer feedback on the services and day-by-day the customer base has been growing in thousands.
The website also presents the opportunity to automobile related businesses to advertise via banners on the website. Its pages have a massive reach of over 3 million on average per day. The company has also recorded over 200 million hits so far in its website. Company officials say, there is a great opportunity for automobile businesses to advertise with our website and you are guaranteed to see customers walk into your doorsteps.
CarSalesIndia.com has been available live on the Internet for more than a year. During this time the web portal has been growing steadily, the company had conducted various customer surveys, reviews and trials on various products and services. The customer surveys and reviews were a great success for the company and had gained huge popularity among customers for their unique service offerings and customer centric approach.
The web portal offers world-class services to the Indian automobile industry such as
- Buy or Sell Cars Online – Search for a car or Advertise your car online
- Banner Advertising in prime spots of all pages
- Dealer Services (Free digital photo capture & executive service)
- Email Alerts
- Car Pool/Car Share
- Online Car Insurance & Loan
- Car Voting
- Car Reviews
- Car Research
- Expert Advice
New/Used Car Advertising via Individuals/Dealers and Banner advertising are on the top of the list services from the company. The company provides high calibre executives to serve dealers. The company executives collect all information on cars and take a digital photo before passing the information to our back office team who take care of advertising online. Since live the company mail box has been bombarded with over 750 mails a day.
For any enquiries Dealers, Individuals and businesses can call our UK or India office
Mr Sam @ 0044-7725-215806 – (UK)
Ms Preena @ 044-42323282 or 9940144034 – (India)
Wednesday, May 3, 2006
Today there are big names out in the market that do Insurance for you and the service they offer are matchless to the old insurance companies that we have heard of in the past.
Online Insurance Made Easy Now!
CarSalesIndia.com the leader in the online automobile market takes leadership and has started to allow customers to apply for online Insurance. Usually an applicant will receive a verification call from the call centre to verify your details. And thats pretty much it, Within a couple of days you can expect your certificate.
By allowing customers to have this kind of a feature CarSalesIndia.com is positioning itself ahead of the other players in the market and is trying to provide a single online resource for everything related to automobiles.
You can apply for online car insurance here at Apply Insurance
To provide a feedback on this service you can go to http://www.carsalesindia.com/feedback.jsp
Tuesday, April 11, 2006
Monday, April 10, 2006
Speaking about it the Chairman and Founder Mr Samuel Jeyakumar said, "This gives us an oppurtunity to show our concerns over the growing global warming issue. This way we provide an oppurtunity to all Indians to take some responsibility and where possible make their contribution to save our environment".
Car-Pool is a car sharing method by which two or more people share the same car, commonly to reach the same destination or enroute drop destinations. This mechanism helps save money as well as the environment by reducing green house gases such as CO2 and CO by reducing the number of vehicles on the road.
Usually friends, colleagues or neighbours share the car and pay a fair sum of price, or share petrol and parking charges. There are other common methods such as arranging for a van or commercial vehicle to pick a number of people from the same place and drop in office, schools, colleges or other destinations.
CarSalesIndia.com provides Car Pool as a free of cost service and expects the service to be widely used across India. With the growing economy India is currently facing the large problem of pollution and lack of infrastructure.
CarSalesIndia.com - A leading Online Service Provider in the Automobile Segment Sets its Foot in India
The portal offers a platform for sellers and buyers and also adds more value for the trade. The seller gets a more realistic value for his/her car and the buyer a more realistic view on the condition of the car.
Speaking about the online auto portal, Ms. Preena Sherene, MD, CarSalesIndia.com said, " The used car market in India is an un-explored avenue for many, although there are a few dealers and agents, it still remains unexplored and there is a lot of opportunity in this industry. Needless to say, we are a leading online auto portal, and we offer features to advertise and manage cars adverts online. We are looking at various options to exploit the current market by providing global standard solutions to the Indian car buyer and seller. We strongly believe that this will be a new experience for the buyer and seller".
Sams Auto Trade Pvt. Ltd has tied up with Avenues India Pvt Ltd, to process all payments via a secure channel. Payments made online via CCAvenue are made over a 128-bit secure https channel, where all your details are encrypted over the Internet. This is the safest transaction method over internet and used by worlds leading companies. Alternatively the company also supports other methods of payments such as cheque, DD and Bank Transfer.
The company also has a portal specifically to cover the used bike market. The website can be reached at http://www.bikesalesindia.com. As a part of the current promotional offer in this website bike advertisement listings are free.
The Automobile industry in India has been fast moving in the recent past with every auto major declaring over 25% growth every quarter. This has inevitably triggered a record growth in the used car segment. This has opened up new avenues through the internet and the internet will re-define Indian used car market.
CarSalesIndia.com is a UK based company having operations in all major Indian cities, it has over 2000 cars exhibited on its portal, and has over 150 registered car dealers and has had more than 50 million hits.
BTW, where is Amby now?