Honda has come out with schemes on its Unicorn bike. Along with select financiers such as HDFC Bank, Honda is offering loans at 8.9 per cent and 9.9 per cent on a flat basis for one-year and three-year loans respectively. Honda is also offering insurance cover on the Unicorn and has also come out with an exchange scheme.

ICICI Bank-Toyota co-branded card

To consolidate its position in vehicle finance and credit card businesses, ICICI Bank has launched a co-branded card with Toyota. The card will cover the entire gamut of motoring-related transactions, right from car to fuel purchases. Subscribers to the ICICI Bank-Toyota card will be entitled to four reward points for every Rs 100 spent at Toyota dealerships and a 5 per cent discount on Toyota accessories.

Offer on Esteem

Maruti has come out with a special offer on its warhorse sedan — the Esteem. The company is offering an exchange bonus of Rs 5,000 and insurance cover for the first year at Re 1. The offer, which hands out benefits worth Rs 22,500, is valid for a limited period.

New Scorpio launched

M&M has unveiled a new version of the Scorpio. The vehicle comes with 43 new features, including a better suspension system and tubeless tyres.

Music enthusiasts have reason to cheer, as the higher-end Scorpio comes with USB and SD ports for a plug-and-play facility. For a limited period, the new Scorpio is being offered at the price of its earlier version.

Aveo rolls out from GM's stable

GM has launched the Aveo under the Chevrolet umbrella. The sedan is being offered in two engine sizes, 1.4 litres and 1.6 litres.

The entry-level 1.4E is priced at Rs 5.54 lakh, the 1.4L at Rs 5.74 lakh, the 1.4 LS at Rs 6.14 lakh and the 1.6 LT at Rs 6.85 lakh.

Alagappan Arunachalam

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