Prices of Cars

What would you look for in your dream car? A car that is stylish, has enough space for a family of four, is fuel-efficient, has low maintenance cost, and one that would fetch good resale value five years down the line. You have options available at a budget ranging as low as Rs. 2 lakhs to as high as Rs. 15 lakhs and above across various segments. Segment D cars are those which are available at below Rs. 5 lakhs. This segment was being predominantly ruled by the Tata and Maruti. But with the introduction of Chevrolet Spark and Aveo U-VA, General Motors India has thrown a tough competition to the Indian auto giants. The stupendous growth the GM car sales bears testimony to the growing popularity of Chevy brands in India. Hyundai and Fiat are the other major players in this segment.

Segment C is constituted of the cars in the price band of Rs. 5 lakhs to Rs. 10 lakhs. Again, this segment has witnessed a phenomenal growth in options thanks General Motors' Chevrolet SRV, New Aveo Anniversary edition. With the launch of Chevrolet Aveo and Optra Magnum Diesel which have a class defined performance, GM India is eying a 10% market share by 2010. Segment B, that ranges between Rs. 10 laks to Rs. 15 lakhs, is primarily dominated by the diesel cars like Scoda Octavia, Toyota Camry and Toyota Corolla. Recently launched Chevrolet Optra Magnum and Optra Platinum have further helped heat up the competition.Segment A ranging from Rs. 15 lakhs and above, however, is ruled by Daimler Chrysler, and with the launch of its M Class its has further strengthened its position in this segment. Amongst other players Honda CRV, Honda Accord, Hyundai Sonata are few of the worth mentioning names here. However, Chevrolet Captiva is by far the most awaited vehicle in the A segment which is expected to be launched by he year-end.