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![]() Carazoo.com - ArticlesCar Import Guidelines in IndiaLuxury cars is subject to guidelines of the government of India. The Exim policy of 2001 lifted the quantitative restriction on import of second hand cars in India. Luxury Cars Sold at Attractively Low PricesLuxury car market in India has witnessed a drastic fall in sales in the first two months of this fiscal year. On the other hand the sales of pre-owned car market in luxury and a super luxury car in India has gone up. However, these gorgeous cars are on sale at some very low prices. Car owners are putting them up for sale sooner than ever before and at much lower prices which would surprise new car buyers. Top 5 Racing Cars of The PastCar racing is the ultimate display of engineering and driving dynamics. It is a test of man and machine on the aspects of speed, acceleration, aerodynamics and endurance skills. The earliest racing cars were built with what we now know as simplest of the technologies, but which were revolutionary then. Honda Jazz Finally LaunchedHonda Motors has finally launched the highly awaited Jazz at function in New Delhi on Wednesday. Jazz is the first small car offered by Honda Motors for the small car market in India. So far Honda marketed only the mid-size cars City, Civic, Accord, and compact SUV CR-V in India. Small Car Segment Turns Turf for Big BattlesIndia’s biggest car manufacturers of India are fighting pitched battles over positioning of their hatchbacks. Maruti Suzuki and Hyundai Motors which have the most successful small cars of the country, are locked in a wars of words. The new war apparently sparked off after the launch of Maruti Suzuki Ritz. The pricing of the car currently places it in between Hyundai i10 and i20. GM Stay in India for LongGeneral Motors India plans to launch five new car models in couple of years. The news comes amidst the gloom surrounding its parent company General Motors, U.S. which filed for bankruptcy protection on June 1. High expenses led to GM downfallGeneral Motors has filed for bankruptcy protection on June 1, seeking cash bailout from US federal government. General Motors tried to ward off bankruptcy and avoid government control, but in vain. The fall has been very hurtful as General Motors was the epitome of American capitalism and economic might. GM Crashes, Shocks Felt in IndiaAfter filing for bankruptcy protection on June 1, General Motors has changed course of automotive world forever. General Motors has been the largest automobile manufacturer in world for over seven decades. It collapsed hard and injured many of those associated with it, as its crashed violently. The reverberations of its crash down were felt in India too. Indian Cars Are Getting More DependableIn the past decade, Indian cars have moved from being highly unreliable to having one of the most reliable cars in the world. In a recently released JD Power Vehicle Reliability Survey, the present Indian car owners are happier with their cars as they have become more reliable. They are throwing up lesser problems now than ever before. Car Launch Mania for JuneThe general elections are over and there is optimism about the financial market which is the sign of good times to come. Among all these big events, the automotive industry quietly makes it mark. A slew of launch of new cars will occur in June.
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