Market of Super Sports Car Will Be Back on Track In 2016

Here is good news for the car lovers after a repeated decline in the sales of super sports cars for three following years. According to the sources, the super sports car market is expected to be back on track this year. The super cars segment is predictable to outlook a high single digit growth due to improving economic response & return of the sports car manufacturer giants such as Maserati and Ferrari.

The recent confidence can be seen by the fact that two of the most expensive and exclusive cars the limited edition variants of Aventador LP Roadster and the Aventador LP Coupe, carrying a price tag of about Rs 8 crore were recently sold by Lamborghini in India.

(Image Source: blog.dupontregistry.com)

Also, the Lamborghini, Italian Super Sports car giant introduced its new entry level sports car the Huracan LP 580-2 in India with price tag (Rs 2.99 crore - ex-showroom New Delhi), which also makes India the first market in Asia Pacific to get the vehicle in this segment.

In year 2014, due to rupee depreciation, hike in taxes the super sports car makers were not able to accomplish the targeted number. However, this year they hope the sentiment in the car market is stable & now customers are taking quick decision on making the purchase. Also, inauguration of new showrooms in Bangalore & Mumbai is in to do list of Fiat Chrysler Group Company. It has already setup a national sales company for Maserati.

 

With these major developments in the super sports car segment, we are hopeful that the sales will take a hike with an increasing rate in the FY 15 & will continue to show positive indications in FY 2016 as well.

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November fared well for Automobile Industry

Automobile industry witnessed lackluster sales in the festive season especially in the month of October 2014. However, November has been able to bring back upward trend in the automobile industry. As per the data revealed by car manufacturers, while on one hand, companies like Maruti Suzuki, Hyundai Motor India, Honda Cars India, Toyota Kirloskar Motor and Tata Motors have registered significant growth in the month of November 2014 compared to the same month last year. Then on other hand, carmakers like Mahindra & Mahindra, Ford India and General Motors have felt the pressure of high interest rates, uncertainty of excise duty rates and a generally tight-fisted economy.

Domestic Passenger Vehicle Sales (in units):

	Nov-14	Nov-13	Growth/Decline
Maruti Suzuki India	100,024	85,510	16.97%
Hyundai Motor India	35,511	33,501	6.00%
Honda Cars India	15,263	9,332	63.56%
Toyota Kirloskar Motor	12,175	10,208	19.27%
Tata Motors	12,021	10,376	15.85%
Mahindra & Mahindra	13,765	16,771	-17.92%
Ford India	5,661	7,101	-20.28%
General Motors India	4,157	6,214	-33.10%

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Benefits of a Used Car Online

Today every individual works extremely hard to enhance his/her standard of living. And, a car is considered to be a substantial addition when an individual plans for the same. There are various people who prefer used cars online in comparison to a new one. It is a myth that used cars are not worth value for money. For people who have an extremely busy schedule and are also short of money, used cars online is the best option. In fact, online is a great medium for people who are tech-savvy. Let’s check out some benefits of buying a used car online.  

Easy Search

If you visit the online medium, you will notice that it is filled with immense options for used cars. All you have to do is type the model of your interest and there you will get various options to look at.

Saves Money

Another major benefit is money. When you purchase a used car online, you save a lot of your money. First of all, a used car is less expensive in comparison to a new car. Also, the search of a used car online involves no expenditure.   

Low Insurance Premiums

Everyone wants to cover their car with insurance in order to avoid the expenses that may arise due to a mishap. In case of a used car, the premium amount is low. Insurance on a brand new car is higher.  

Shriram Automall India Limited stands as a pioneer in giving well-structured and transparent bidding platforms for the trade of used vehicles and equipment. For a used car online, you can also visit www.samil.in and take a look at a wide variety of used cars.

“Through our online bidding platform, we aim at reaching a wide range of audience in order to enhance our arena of business. Besides this, our other bidding platforms, including physical bidding, one stop classified and private treaty, also make a substantial contribution in our success.” – Mr. Sameer Malhotra, CEO of SAMIL

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