CredR clocks Sale of over 1400 Units in a Month

In a record breaking move, CredR - India’s leading online marketplace for listing and purchasing verified, pre-owned vehicles at the fairest value, sold over 1,400 bikes in one month.

In less than a year, CredR has witnessed an aggressive surge in the sales and popularity among the bikers’ community. The lead conversion of sales through the website increased from 31% to a whopping 45%, by just servicing in three cities – Mumbai, Pune and Bangalore.

Recently, CredR also extended its disruptive service of enabling a platform for buying and selling of used bikes to Delhi. The company further plans to expand their reach to more than six cities in this financial year.

Buoyed by the initial response it received from the bike enthusiasts, CredR had unveiled a one of its kind referral programme ‘Captain Campus’ for its young patrons. The pre-designed 6 weeks initiative kicked-off from Pune popularly known as the ‘Detroit of India’. The initiative was launched simultaneously in several colleges of Pune, where students were asked to enroll themselves as referees, to help connect potential buyers with CredR. This programme shared incentives with both the buyer and referrer on the closing of a deal, through CredR. Within a short span of two weeks, the activity garnered enrollment from over 450 students that led to an unprecedented spike in its overall sales.

Through the Captain Campus programme, referees get a chance to earn Rs 1500/- on each bike sold through CredR and a win cash prizes of up to Rs. 75000/- along with a grand Trip to Bangkok on the reference of 50th bike sold. CredR also promises to give away a bike worth Rs. 30,000/- free of cost on the reference of 30th bike sold through CredR.

With the growing popularity and outstanding response gained for ‘Captain Campus’ in Pune, CredR plans to take this activity further to its young patrons residing in other parts of the country too.

Talking about the success of this initiative, Mr. Sumit Chhazed, Co-Founder, CredR.com commented, “We are overwhelmed with the phenomenal response received from our patrons, across markets. Increasingly, we are looking at strengthening our approach towards listing verified and tested bikes for buyers. Our Captain Campus initiative, along with the exclusive services offered by CredR, has been as a catalyst in enhancing the overall experience of buyers and sellers of used bikes. This will help us build trust amongst our valued patrons, and thereby, increase our customer-base across markets in India.”

CredR deals in pre-owned two wheelers that are tested and certified after rigorous checking using 80+ parameters. It aims to make the experience of buying used bikes as convenient and transparent as buying a new one. While buying a bike from CredR one can avail free test ride, free six months warranty and free 1-year roadside assistance. All bikes listed on CredR are expert approved.

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Firefox launches Full Suspension ‘Raptor’Bike

Firefox, a leading name in the premium bike segment in India recently rolled out the robust Full Suspension ‘Raptor’ that is carefully-engineered forjerky terrain.Promising amazing speed, grip and smoothness, the mountain bike is available in two colors namely, Deep Ocean and Matt White. The cutting-edge specifications of Raptor are enough to tempt ridersto take the bike on a long speedy ride.

Raptor is perfectly modeled with a frameset that comes in two sizes i.e. 18” and 19.5”. The Drivetrain comprises SHIMANO EF51 7 speed Shifters, SHIMANO TZ31 14-34T 7 speed freewheels and WELLGO Alloy platform Pedals to name a few. With its Alloy 36H Double Wall Rims wheels and KENDA 26*2.1” tyres, the bike ensures a smooth ride to the bikers. Also not to forget the Seat Post made of alloy and measuring 30.4*350 mm, Handlebar, Stem, Headset and Brakeset befitting the bike that lend it a handsome look. Apart from this, the Front/Rear Wheel & Seat post with QR give the bike a perfect finish.

Full Suspension bikes are constructed for adventurous trails especially downhill racing. Raptor, built on the same lines,assists riders in pedaling smoothly over rocky surfaces.Whether the roads are sloppy or rocky, jerky or bumpy, Raptor, being a Full Suspension bike promises its bikers a smooth and leveled riding experience.



The bike costs Rs. 24,850 inclusive of applicable VAT.

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Venu Srinivasan, Chairman of TVS Motor Company made Honorary Citizen of Busan

Venu Srinivasan, Chairman of TVS Motor Company made Honorary Citizen of Busan
New Delhi, Delhi, India


Mayor of Busan Metropolitan City, Suh Byung-soo today conferred on Venu Srinivasan, Chairman, TVS Motor Company and Honorary Consul General of the Republic of Korea in Chennai, the title of honorary citizen. Busan is the second largest city in Korea, after Seoul and this singular award is one of the highest of its kind to be awarded to a foreign national.

Venu Srinivasan is the first Indian industrialist to be granted this honorary citizenship. During the honorary citizenship ceremony, the Mayor expressed hope that the honorary citizenship will further strengthen cultural exchanges and economic partnership with India. Srinivasan, who is on a three day visit to Busan had meetings with local businessmen of Busan and then visited the headquarters of BS Financial Group and attended the Busan International Art Fair in BEXCO.

This is yet another honour to be bestowed on him in appreciation of his relentless efforts and dedication to enhance the friendship and cooperation between the Republic of Korea and the Republic of India, as Honorary Consul General of the Republic of Korea in Chennai.

Chennai, where TVS Motor Company is headquartered, is a mecca for the Indian automotive industry as it represents 40 percent of the car production in India and 60 percent of the cars manufactured in India is exported through Chennai. Over 150 Korean companies are now in operation in Chennai, notably Hyundai Motor Company, Lotte Confectionary, Samsung Electronics and other auto parts manufacturers. Among the Busan companies operating in India is SUNGWOO HITECH, an auto spare parts manufacturer with about 1,200 employees.

With the year of 2013 (last year) marking the 40th anniversary of the establishment of diplomatic relationship between Korea and India, President Park Geun-hye made a state visit to India earlier this year (January 15-18, 2014) and agreed with the
Prime Minister of India on the need for upgrading the Comprehensive Economic Partnership Agreement (CEPA) and the expansion of economic cooperation, further enhancing the bilateral relations between Korea and India.

In November 2014, Venu Srinivasan was appointed as Honorary Commanding Officer of Korean Naval Vessel, ROKS Choi Young (DDH-981). The honour was bestowed on him in appreciation of his dedication to enhance the friendship and cooperation between the Republic of Korea and the Republic of India, as Honorary Consul General of the Republic of Korea. Venu Srinivasan was earlier felicitated in January 2010, by the President of the Republic of Korea, His Excellency Lee Myung-bak with a distinguished civilian honour ‘Order of Diplomatic Service Merit’ (Heung-In Medal) in recognition of his valuable contribution in promoting Korea-India bilateral relations.

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Firefox unveils its latest Maximus Bike: the new breed of Mountain Bikes

Firefox unveils its latest Maximus Bike: the new breed of Mountain Bike

• The bike with 29” wheels is made for the bumpy trails/
• The 29” wheeled bike guarantees amazing smoothness, grip and speed

New Delhi: Firefox, a leading name in the premium bike segment in India recently rolled out its 29” wheeled Maximus Mountain bike to render a smooth experience every time you hit the rough terrain. The bigger wheel of the bike promises better momentum while riding on bumpy roads and maintains your speed through narrow twists and turns.

The Maximus Bike is engineered in an innovative way to give you an enhanced biking experience. The gigantic wheels of the mountain bike offer umpteen benefits. The wider circumference of its wheels, higher air volume in its tires and larger contact patch with ground helps it to roll smoothly over rocky surfaces. The hardy mountain bike is also able to cover more distance per pedal revolution.

The Maximus Bike is a complete package comprising big wheels, remarkable smoothness, amazing grip and speed. The enormous size of the wheels has now become the ideal size for wheels in racing bikes and the racing world has embraced this robust bike built for the trail with much enthusiasm.

About Firefox
Firefox is a leading name in the premium bike segment in India. Based out of Greater Noida, Firefox caters to all age groups and segments of biking from MTB, Road, Hybrid, BMX to Kids. It has tie-ups with various international brands for bikes and accessories like Trek, Tern, Shimano, Saris, Finishline, Slime, Warner Brothers, MTV and Popeye Firefox. The USP of Firefox is that it offers complete biking solutions of international standards to its customers under one roof.

Their network is spread across 75 cities with over 150 outlets throughout the country. Firefox plans to expand its retail presence with 7 additional outlets in the next quarter and 30 new stores each successive year. The Firefox and Trek segment enjoys a solid market position with very little competition as they offer a wide range of over 75 bike models which caters to all age groups. The company targets its products at high-income salaried groups, corporate professionals, kids and young parents.

The mission of the company is to create and retain the position of being an aspirational brand for bikes and accessories in India and to have presence in every potential city of the country.

Price : INR 24,750
Specifications:

• Wheels : Alloy 32H Double Wall Rims
• Tires : KENDA 29 X 2.1"
• Front/Rear Wheel & Seat post with QR
• Please refer to the Specs sheet for the detailed information.

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Hero Electric launches electric cycle AVIOR in India

Hero Electric launches their revolutionary electric cycle AVIOR in India

HERO Eco’s World leading German Technology in Electric Vehicles that created history in EV industry with its brand A2B, now brings the unmatched blend of style and performance to India

New Delhi, October 29, 2014: - HERO Electric, the pioneer and market leader in the Indian Electric two-wheeler industry, today launched their flagship product AVIOR e-cycles across India. HERO Eco’s World leading German Technology in Electric Vehicles that created history in EV industry with its brand A2B now brings the unmatched blend of style and performance to India.

Commenting on the occasion, Mr. Naveen Munjal, Managing Director, Hero Eco Group says, “We are extremely thrilled to introduce Hero Eco’s world leading German technology in India through our new product AVIOR. We are committed to our vision to provide green mobility to the country and look forward to consistent innovation towards developing remarkable products for the Indian EV market.”
Further adding, Mr. Sohinder Gill, CEO Global Business, Hero Electric India says, “Hero Electric with its commitment to the Indian EV industry has always prioritized innovation and quality. With the expected growth in the Indian EV industry, we are thrilled to introduce leading global technology to our patrons. We are hopeful that our Indian consumers will welcome this change and flaunt the all new pedallac joining in the e-vehicle revolution. We continue our support to preserve the pristine ecology and contribute least to the environmental pollution.”

Creating benchmarks with the pedal assist e-bikes in EV industry globally, A2B has managed to make a breakthrough in the world of electric pedellacs. AVIOR e-cycles with never before features will transform the cycling experience. Powered with 6 Speed Shimano Gears riding at maximum speed of 25 km/ hr, the product has alloy wheels with a maximum battery charge time of 9- 10 hrs.

The product is primarily targeted at the urban lifestyle, largely working corporates, young professionals & the youth. The company is hopeful of sensitizing the large urban population across all the metro cities to adopt these e-cycles as an alternate mode of transportation for commuting quick distance.

“With the growing concern over the traffic grid lock in our country, we are aware of the impelling issues faced by the public. In the absence of favorable weather and roads, cycling is often seen as a tedious and strenuous activity by the general masses across India. Whilst cycling is also being adopted as fitness experience, we with this new flagship product hope to take cycling experience to the next level with the added comfort of AVIOR e-cycles, “added Mr. Gill- CEO Hero Electric.

The Hero Electric AVIOR e-cycle is launched in two variants AVIOR AMX Rs 19290 (on- road Delhi) & AVIOR AFX Rs 18990 (on- road Delhi) for both male and female riders. AMX is available in Black and AFX is available burgundy color. The products are available on sale across all the 5 metro cities in India.

About Hero Electric:
Hero Electric, a flagship company of the Hero Eco Group, is a pioneer in the Indian Electric Vehicle Industry. With a background of extensive research in the EV segment, Hero Electric entered the EV segment with the single-minded objective of providing eco-friendly, cost-effective mode of personalized transportation with its wide range of Electric Two-Wheelers. Over a short period of time, Hero Electric has been quick in establishing itself as an undisputed leader in the Electric Mobility Segment. Hero Eco operates in more than 32 countries across the globe with its A2B/F4W brand of Electric Two Wheelers and is one of the leading players in global EV market.

Media RSVP
Samhita Tanti / Aman Singh Madaan
9818937177 / 9891580373 Value360 Communication

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Delhi Bikers Open Arms

New Delhi, August 24, 2014: How many times have you seen a biker hugging a policeman? How many times have you seen a biker thanking him for his diligence, instead of racing away? Today, the 24th of August, the Biker Fraternity did the impossible.

In a one-of-its-kind ride initiated by Bikers for Good, a Motorcycle Community that rides solely for social causes, more than 15 Biking clubs from Delhi came together to send out a message of appreciation and respect for the Delhi Police.

Commenting on the idea behind the ride, Mohit Ahuja, Founder of Bikers for Good said, “The public is there to protest and criticize the police when they fail to do something. We planned this ride to thank them for taking care of the city, through thick and thin.”

The ride saw close to 500 bikers riding to Jantar Mantar riding bikes ranging from 100cc to 1000cc and above. Together the bikers gave a message of responsibility towards safer roads. The admin of Bikers for Good, Jeet Kandhari quoted, “Biking today is growing. Motorcycle Clubs have members who are students, doctors, CEOs and even higher. Doing something like this will only help us better terms between bikers and the police.”


The bikers gathered to thank Delhi Police and Delhi Traffic Police for their efforts. A huge banner with the club logos was put up, where bikers wrote their messages for the Delhi Police. This banner was later presented to Mr. Ajay Kumar Singh, S.H.O., Parliament Street, Delhi. Moreover, Bikers were seen hugging Delhi Police personnel and carrying placards that read FREE HUGS FOR DELHI POLICE.


With this ride, Bikers for Good marked another milestone in its journey of doing GOOD. The only community in India to ride solely for Social Causes, Bikers for Good promotes safety amongst bikers and stands up for various social causes. In less than 3 years of its existence, Bikers for Good has grown to be a 5000 member community across India, helping out more than 3 Lakh people. It is said that with great power comes great responsibility and Bikers for Good is living up to the statement.

For more details, kindly contact:
Aadhar Bhardwaj
Member- Core Team
Bikers for Good
+91-9716831514

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Toyota Launches The All New Corolla Altis

New Delhi: Toyota Kirloskar Motor (TKM) today launched the All New Corolla Altis. The launch marks the beginning of sales. The vehicle was unveiled in February at the Auto Expo 2014. The vehicle is the 11th generation of the legendary Corolla.

Corolla world renowned for QDR – Quality, Durability and Reliability, has now gone a step further. The New Corolla Altis is a fusion of design innovation and its time tested and trusted quality engineering.

In line with Toyota’s changing global design philosophy Toyota wants to make cars with character and a recognizable face. The All New Corolla has the DNA of top-notch craftsmanship.

Like all our other cars worldwide, the 11th generation of the New Corolla Altis, shares the new dynamic and ‘Keen Look’. The legendary car has been redefined to meet Toyota’s latest global design philosophy.

The All New Corolla Altis is aimed at setting a New benchmark. Corolla Toyota’s flagship brand is a legendary car. Owing to its high brand loyalty, the only car that can satisfy the customer more than a Corolla is the Corolla itself. The All New Corolla is thus designed to set a New benchmark to carry on this tradition and yet provide a new and better car, thereby evolving with each generation.

The New Corolla Altis sets a new benchmark in being premium. It is an ideal package of premium image, luxurious features and competitive pricing. Thus in addition to the C segment buyers it has the potential to attract the D premium and the high end B sedan customers, providing them a premium vehicle, that is value for money.

Adding to its premiumness the All New Corolla Altis comes with a special accessory package “The Benchmark Collection”. It has a unique collection of premium accessories like daytime running lamp and chrome packages.

The new vehicle comes with a revolutionary new style, luxurious and comfortable interiors and a dynamic performance. The diesel and petrol variants come with advanced and dynamic exteriors and luxurious interiors. The All New Corolla Altis comes with the following new interior and exterior features

Exterior - Dynamic and attractive design – New

• New radiator grille
• LED headlamps and clearance lamps
• New design wide rear LED combination lamps add to the prestigious looks
• R 16 alloy wheels
• Rear chrome garnish
• The vehicle height has been lowered by 5 mm leading to better balance and aerodynamics.

Interior - Advanced Style and Comfort – New

• Advanced style
• Cyber carbon piano black instrument panel cluster provides a rich feel
• 3 spoke leather steering wheel with bluetooth control
• New design optitron meter with illumination
• Illumination (for entry, cupholder and near the foot)
• Chrome inside door handle
• Increased wheelbase (100 mm)

Comfort

• Rain sensors 
• Navigation (Provided with “New” 7.0 LCD Touch screen and voice command enabled Audio with USB, Bluetooth, Audio)
• Rear reclining seat, first in its segment
• Increased rear seat legroom
• Rear reading lamp
• Rear sunshade
• Rear power socket
• The driving position has been enhanced by changing the steering wheel angle from 24 degree to 22 degree
• The vertical adjustment of the seat has been increased from 45 mm to 60 mm

Driving Performance

The 1.8l Dual VVTi Petrol engine continues to provide a smooth and enjoyable drive. It is available with an improved super CVT-i with 7 speed sequential shiftmatic with the newly introduced “Paddle Shift”, providing class leading fuel economy and a smoother and quieter drive. The Petrol variant is also available with 6 speed manual transmission.

The Diesel variant is available in a powerful engine 1.4 l 1ND D-4D with Variable Nozzle Turbo, & Intercooler with 6 speed manual transmission.

Safety Features

• Rear Camera with display audio screen
• Brake Assist with EBD and ABS
• Rear fog lamp on RH side
• Dual SRS airbags
• GOA Body
• Immobilizer

All New Corolla Altis is available in five grades in petrol – J(S), G, G-CVT, GL and VL (CVT). It is also available in four grades in diesel DJ, DJ(S), DG and DGL.

The New Corolla Altis is available in an array of 7 exciting colours – White Pearl Crystal Shine, Silver Mica Metallic, Grey Metallic, Blue Metallic, Champaign Mica Metallic, Super White II and Celestial Black.

Launched in 1966, this year marks its 48th anniversary. The Corolla has a rich legacy to its credit. It is currently manufactured in 15 production bases and sold in 154 countries and regions around the world.

Mr. Naomi Ishii, Managing Director said, “Corolla is the world’s most favorite car. It is the world’s No 1 car with more than 40 million cars sold across the globe. The Corolla accounts for one in every five vehicle sold by Toyota in the 76 - year history. 1969 was the start of its 33 year run as best - selling car in Japan. With global cumulative sales exceeding 22.65 million units, in 1997 the Corolla became the world’s best – selling nameplate. More than a million units have been sold each year since 2002. We are glad to launch the 11th generation of this global car in India.”

Mr. N Raja, Director and Senior Vice President, Sales and Marketing said, “From the 9th generation in 2003 to the newly introduced 11th generation, the Corolla has bettered with each generation. The Corolla has stood the test of time. The key to its success is the faithful passing down of its original development concept from the first generation onwards. A testimony to Toyota’s craftsmanship, technology and world renowned Quality, Durability and Reliability - QDR, Corolla is Toyota’s flagship brand. We have sold more than 88,500 units since its introduction in India, in 2003.We received a good response after we unveiled the vehicle at the Auto Expo in Feb. We are currently booked for 3 months. We hope the All New Corolla Altis, will further strengthen the brand in India and will also contribute to the growth of the C segment in India.”

A simplified price structure has been provided to maintain uniformity in price difference between powertrain, fuel type and grades, thereby providing value for money and a better understanding to the customer.

The petrol variants and diesel variants of the New Corolla Altis starts at Rs. 11,99,000/- and Rs. 13,07,324/- ex Showroom Delhi, respectively.

For any further information please contact:
Ritu: PR 24x7 Network Ltd., voice:9827092823

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Mahindra First Choice Wheels inaugurates 4th authorized dealership in Indore

Mahindra First Choice Wheels Ltd. (MFCWL), India’s No. 1 multi-brand certified used car company, today expanded its footprint in Central India with the inauguration of its authorized dealership, Gujarat Motors, in Madhya Pradesh. The dealership is located at Presige Tower, Indra Complex, Navlakha and is spread over 2000 sq. ft.

The outlet was inaugurated by Mr. Yatin Chadha, Senior Vice President - Retail Business, Mahindra First Choice Wheels Limited.

“With this inauguration, our network strength has expanded to 13 dealerships in Madhya Pradesh, with four in Indore alone. The average size of the used car market in the state is 6000 cars, which makes Indore a strategic market for the company and we look forward to working with Gujarat Motors – one of the top used car dealers in Indore - to further enhance our presence in the region,” said Yatin Chadha, Senior Vice President - Retail Business, Mahindra First Choice Wheels Limited.

“We are delighted to be associated with Mahindra First Choice Wheels which already enjoys strong brand equity in Indore. Gujarat Motors will offer the entire range of services for customers, including purchase and sale of multi-brand certified used cars, car finance, insurance, fitment of car accessories and assistance with paperwork and documentation,” said Mr.Anand Shah, Gujarat Motors.

Mahindra First Choice Wheels currently has a significant presence in Madhya Pradesh with 13 dealerships in eight cities and further plans to expand this number to 21 outlets by year end. Key focus towns include Bhopal, Jabalpur, Gwalior, Ujjain, Khandwa, Sagar, Narsimhapur, Satna.

MFCWL closed FY 14 with 351 outlets, a growth of 30% from FY13. These outlets are present in 208 towns across the country, with 64 towns boasting of more than one outlet. MFCWL’s B2B auction volumes increased over 50% with nearly 60 commercial sellers using the platform to sell vehicles to nearly 10,000 wholesale buyers. Autoinspekt – MFCWL’s industry first inspection service offering - saw rapid adoption in the B2B space as well.

Between its retail, wholesale and inspection services, the MFCWL enterprise participated in 1,50,000 used vehicle transactions.

The company is driven by its mission to transform the way used cars are retailed and has made several innovations along the way. The list of innovations include developing a unique franchisee based business model, selling certified multi-brand used cars under warranty and offering the most comprehensive warranty product available on used cars in the country, in addition to a differentiated consumer experience through launch of its ‘Highline’ stores for selling high-end multi-brand used cars.

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Ashok Leyland Launch BOSS Gaziabad

Ashok Leyland, the Hinduja group flagship, commercially launched the BOSS in Ghaziabad, today. The BOSS is an intermediate commercial vehicle (ICV) that seamlessly combines the strength and ruggedness of a truck with the comfort of a car. Manufactured at the Company’s largest, state-of-the-art plant in Pantnagar, Uttarakhand, the BOSS is available in LE and LX variants. It is the perfect answer to the growing need for higher-productivity, high-performance vehicles in the ICV segment. It is being launched in the Haulage segment with 9.6T, 11.9Tand 12.9T GVW and will be priced between Rs. 10.5 Lakhs and 12 Lakhs depending on variants and load span. Vehicle keys were handed over to customers’ by senior officials from the Company.

“Referring the BOSS as a ‘truck-car’, Mr. Amandeep Singh, Zonal Manager - North, Ashok Leyland said, the product is specifically engineered to meet evolving customer expectations in the areas of performance, comfort and reliability. It promises to make our customers more profitable by offering them a tailor-made product solution to meet their needs and will certainly be a game-changer for them.”

With its European-design cab and indigenous driveline, the BOSS offers world-class quality at Indian cost. The BOSS sets many industry-firsts – it comes with a best-in-class service interval of 40,000 kms, a hydraulic power steering system, a best-in-class turning radius of 15.3 mtrs, a 3-year anti-perforation warranty for the cabin and a 5-year replacement guarantee on the rear LED lights. It has undergone 11,00,000 kms on road trials and 24,00,000 kms of endurance testing.

“Manufactured on a modern and efficient chassis line and a state-of-the-art cab line using robotic processes and first-of-its-kind features, we have made every investment to ensure that the BOSS delivers on quality, durability and reliability. We are confident of making significant headway in the fast-growing ICV market with this new offering,” Mr. Singh, added.

The BOSS also offers features and comforts that will set benchmarks in the commercial vehicle industry. An ergonomically designed dashboard with intelligently placed controls and multi-angle adjustable seats ensures fatigue-free drive. The steering column comes with tilt-able and telescopic movements and a 2-point suspended cabin provides a comfortable ride on the roughest of roads. The hydraulic cab-tilt mechanism helps tilt the cab with minimum effort and allows easy access for easier maintenance.

The BOSS comes in 2 variants – the LE and LX.

The BOSS LE is fitted with a 120 HP H-series BS3 engine with an in-line fuel injection pump – an industry first – and a 6-speed overdrive gearbox that delivers superior mileage.

The BOSS LX has another industry-first – an Automated Manual Transmission - that eliminates the need for clutch operation and gear-shifting. The AMT will deskill the driving while offering consistent and superior fuel efficiency along with better driver comfort. Equipped with a powerful 130 HP common rail engine, the LX comes with factory-fitted air-conditioning. The Company will deliver the vehicles to its customers with ‘Zero’ Km reading through the truck-on-truck transportation mode to ensure quality. Ashok Leyland has tied-up with leading financial institutions and insurance companies to offer hassle-free vehicle financing and comprehensive insurance cover.

To strengthen accident support, the Company has set up new Cab repair facilities at select authorised dealer and service outlets. This will allow customers to get their cabs repaired quickly and cost efficiently. Dealers can order spare parts online through an electronic parts catalogue so that the parts reach customers faster and more efficiently.

Ashok Leyland offers a 3-year full vehicle warranty and an additional 2-year warranty for driveline on the BOSS and the product will be supported by the Company’s extensive network of over 475 full service outlets and an ever-growing team of experienced service engineers and mechanics across the country. The overall aftermarket service package and time-bound accident repair assurance adds further value to the customers’ business.

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Club Mahindra Revamps Brand Identity

India’s largest vacation ownership company, Mahindra Holidays & Resorts (MHRIL), has unveiled a brand new identity for its flagship brand, Club Mahindra. MHRIL is a part of the $16.2 billion Mahindra Group .Under the new identity, the brand unveiled a new logo and announced an ambitious expansion plan for the next few years.

UK-based creative director Daren Cook designed Club Mahindra’s new identity which features a symbol made up of four hearts coming together in shades of blue, yellow, orange and green. Inspired by the ‘colours of holidays,’ the new identity symbolized friends and families coming together. "This fresh new brand identity reflects its renewed focus on delivering the best vacations to our members across the country," Mahindra Group Chairman Anand Mahindra told reporters in Mumbai.

Club Mahindra will also add at least 1,000 rooms until the end of the next financial year, said Mahindra Holidays Managing Director & CEO Rajiv Sawhney. The company presently has around 2,500 rooms across 41 resorts in India and overseas.In regards to the opening of resorts at new locations, the company has already identified several properties in the eastern part of the country and looking at expansion in Sri Lanka and Malaysia, added Mahindra Holidays Managing Director & CEO Rajiv Sawhney. Club Mahindra’s presence is not limited to Indian shores. It’s members shave access to popular tourist destinations such as Dubai, Kuala Lumpur, Bangkok, and Innsbruck in Austria..

Refusing to divulge investment details for the future expansion plans, Club Mahindra did comment that it spent on an average Rs 80 lakh to Rs 1 crore per room during its recent expansion. The funding for this expansion program is said to come entirely through internal accruals. Debt-free MHRIL reported a rise of 13% in its operating income from last year.

Commenting on the success enjoyed by Club Mahindra, Anand Mahindra, said, "When we launched Club Mahindra in 1996, the concept of vacation ownership was not only viewed with skepticism but was also relatively nascent in India. The fact that we are India's leading vacation ownership company with over 1,60,000 members is a clear validation of its success and this fresh new brand identity reflects its renewed focus on delivering the best vacations to its members across the country".The average occupancy last year was 82-83%; a slight dip from the 89-90% seen the year before. Officials said the dip was mainly on account of new properties being added to the inventory. About 17,000 new members were added last year and the company is targeting membership to grow up to 2,20,000 by FY 15.

Summary:

With a brand new identity unveiled on 22nd October 2013, Club Mahindra hopes to leverage its position as the market leader in the vacation homes segment and grow even further. The company has chalked out an expansion plan that will see more resorts being added and in turn strengthen its position as the market leader.

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Mahindra Tractors launches Arjun 605 MAT in Chattisgarh

Chattisgarh: Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), the market leader in the Indian tractor industry since the last 30 years, today launched its technologically advanced Arjun 605 MAT - Multi Application Tractor with new technology features in Chattisgarh.

The Arjun 605 MAT in the > 50HP category, is India’s first Multi application tractor with superior performance in high end applications. This is a powerful, reliable, fuel efficient and versatile new age tractor offering superlative performance in both agri and haulage use. It offers a heavy 4 cylinder fuel efficient MKM engine with best-in-class fuel efficiency and its button operated hydraulic system enables the farmer to lift weight quickly and comfortably. The tractor also has the following technologically advanced features:

1. Follow Me Home: Light up the path to home after parking the vehicle at night.

2. Lead me to tractor: Light up the path to tractor at night to help approach the tractor.

3. Clutch Over -riding indicator: To warn/alert unintended clutch usage.

4. SLIPTO Engagement indicator: Indicator turns on when SLIPTO is engaged.

5. E-QRL (Quick Lift): To lift to lower the lift arm while headland turns.

Speaking on the occasion, Mr. Sanjeev Goyle, Chief of Marketing FES & Business Head - AppliTrac, M&M Ltd. said “At Mahindra, we have always pioneered products which increase farm productivity and enhance rural prosperity. The Arjun 605 MAT is a clear validation of this focus and has several firsts to its credit. It offers the highest level of mechanization with advanced technology and agriculture implements like Harvester, Baler, Mulcher, Rakes, Laser Leveller, Gyrovator, Reaper, Dozer and heavy agri and haulage applications. Moreover, its advanced multi-application features and world class technology make the Arjun 605 MAT an unbeatable value proposition for farmer especially for Harvesting.

With maximum speed of 30.8 Kmph, the Arjun 605 MAT has unique synchro shuttle technology which enables forward and reverse movement of the tractor without changing gears, making it a fatigue free experience for the farmer. It has optimum speed with 8 forward + 8 reverse gears. Its standard auxillary valve makes it suitable for multiple applications, while its adjustable 3 pc heavy duty front axle is highly suitable for material handling. Its high discharge pump enables quick lowering and lifting for efficient material handling. All these features make the Arjun 605 MAT the most preferred choice in the > 50 hp segment.

For more information, please contact: Atul Malikram atul@atulmalikram.in

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Mahindra launches SsangYong REXTON in Raipur

Raipur, Chhattisgarh: Mahindra & Mahindra Ltd. (M&M), part of the US $ 16.2 billion Mahindra Group, today launched the much anticipated SsangYong Rexton in Raipur, a luxurious, powerful and premium global SUV by Mahindra. Designed and developed by SsangYong in Korea, this is the third generation Rexton, perfectly suited to the discerning Indian customer. Available at Mahindra dealerships in Raipur from August 2, 2013, the SsangYong Rexton by Mahindra will retail at a price of Rs. 19.22 lacs, ex-showroom Raipur for the RX5 version with manual transmission and Rs. 21.49 lacs, ex-showroom Raipur* for the RX7 version with automatic transmission.



The SsangYong Rexton is manufactured and assembled at Mahindra’s Chakan Plant near Pune by sourcing components from SsangYong Korea and from India.

*Local levies, Octroi, Entry Tax etc will be extra as applicable

According to Pravin Shah, Chief Executive - Automotive Division, Mahindra & Mahindra Ltd. “Following the launch of our first global SUV, the XUV500, the SsangYong Rexton now comes in with best in class technology and features. With benefits such as aspirational styling, a product packed with technological advances, advanced safety features, comfort and conveniences, the Rexton is ideally suited for the discerning Raipur consumer. We are sure that the Rexton will enhance our SUV product portfolio, in the premium SUV space.”

The SsangYong Rexton by Mahindra boasts superior on and off-road driving performance, modern technologies, contemporary styling and indulgent conveniences & comfort features. It is now available in 120 cities across the country including Mahindra dealerships in Raipur. The current, third generation Rexton is sold in over 60 countries around the world.

The face of modern refinement and sophistication…classy exteriors

It’s a powerful statement that you make when you step out of the Rexton. Right from the classy chrome grille to the projection headlamps configured to resemble the eyes of an eagle, the SsangYong Rexton is unmatched. Coupled with this, is its stainless steel beltline and chrome moulding which creates a well-balanced flow overall. The classy exteriors are showcased in the following elements:

• Projector headlamps with L-shaped parking lights
• Chrome radiator grille
• LED tail lamps
• Stylish ORVMs with LED turn indicators
• 10-spoke alloy wheels

World Class Interiors…A Plush Cabin

Sit inside the SsangYong Rexton and you are transported into a different world altogether. Starting with the premium, dual tone, beige and black interiors complemented by metal grain accents and plush leather seats. The Automatic Climate Control system ensures your drive is a breeze. In addition the elegant centre console, convenient center armrest, AC vents and rear cup holders give the SsangYong Rexton’s interiors a world-class feel.

Technology that works like a charm

When you ride in the Rexton you have technology at your service all along the way. The driver’s seat not only adjusts itself electrically but also stores your preference in the memory. The Rexton also retains your setting of the outside rear view mirror. The navigation system comes preloaded with maps and the auto headlamps and rain sensing wipers function automatically just when you need them. But what immediately catches your eye is the infotainment touch screen that supports all widely used audio and video formats. So sit back and enjoy the show. To summarize, the best of technology in the SsangYong Rexton includes:

• Electrically adjustable driver’s seat
• 3 memory presets for driver’s seat and ORVM
• Class-leading Infotainment System
• Rain sensing wipers
• Auto headlamps

Unmatched class leading performance

The Rexton gets its spirited personality from its refined engines. The model you choose will decide what sits under your Rexton’s hood. The RX5 Manual Transmission version comes with a Torque on Demand system, while the RX7 Automatic Transmission variant comes with an All Wheel Drive system. Needless to say, both models are internationally proven and boast of remarkable 4x4 capabilities.


RX5

The SsangYong Rexton by Mahindra, RX5 variant is powered by a state-of-the-art 2.7 litre RX270 XDi, diesel engine which delivers a power-packed 162 bhp with 340 nm torque. It boasts of a 12.4 kms per litre mileage (ARAI certified) together with a 5-speed manual transmission as well as ‘Torque on Demand’, an efficient and intelligent 4X4 system.

RX7

This variant is powered by the 2.7 litre RX270 XVT engine which delivers 184 bhp with 402 nm torque. The engine is mated to a 5 speed, E-tronic automatic transmission, built with Mercedes Benz™ Technology. The RX7 delivers a top speed of 194 kmph. Despite all this unadulterated power, the Rexton gives you a mileage of 11.18 kms per litre (ARAI-certified).

All Wheel Drive (AWD) – The AWD in the RX7 model distributes 60% of torque to the rear wheels and 40% to the front wheels at all times, which ensures quick starts and great overall responsiveness for improved driving safety under all road and weather conditions.

Suspension

The SsangYong Rexton by Mahindra boasts a double wishbone front suspension with anti-roll bars up front and a five-link coil spring suspension in the rear, with anti-roll bars for precise handing and the smoothest of rides.

Little features…make a big difference
 

The SsangYong Rexton treats you to a sumptuous spread of comforts that would make any premium saloon envious. It offers, among others, Cruise Control at the press of a lever located conveniently on the steering wheel. An Electric Sunroof to bask in the glory of the sun. These are the not-so-little things that tell you a lot about the Rexton. It’s crafted with the greatest care for people who truly appreciate excellence and simply love an indulgent drive!

Stay in control in all circumstances…Safely.

The SsangYong Rexton by Mahindra comes equipped with multiple advanced active and passive safety systems. At the heart of the SsangYong Rexton is the Electronic Stability Program (ESP), which constantly monitors the movement and direction of the car and initiates corrective action as soon as it detects loss of control.

Hill Descent Control identifies steep inclines and engages itself to assist the vehicle in tackling a steep slope with caution. That apart the SUV also has Anti Rollover Protection, which closely monitors a range of parameters and identifies potentially dangerous driving conditions that could lead to the vehicle rolling over. Well before the situation becomes threatening, it causes the ESP system to intervene and control the vehicle speed, thereby restoring stability.

Passengers will feel safe ensconced in the cocoon that is the cabin of the SsangYong Rexton with multiple airbags (dual front and side airbags). As if that wasn’t enough, it also comes with side impact beams and thoughtfully located front and rear crumple zones. Additionally, the Rexton has an engine immobiliser and door ajar warning system as well.

Last but not least, the SsangYong Rexton by Mahindra offers reassuring service support backed by Mahindra’s extensive service network, with a warranty of 2 years/100,000km and 24x7 road side assistance for one year. This ensures a hassle free ownership experience.

Awards & Accolades

Launched in 2012, the SsangYong Rexton by Mahindra was one of the most awarded automotive brands, having won the two most prestigious awards - Premium SUV of the Year by Bloomberg TV Auto Car India Awards 2013 & ET Zigwheels Awards 2013

For further information, please contact: Atul Malikram atul@atulmalikram.in

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BMW i3 World Premiere in New York, London and Beijing

New York, United States, London, United Kingdom and Beijing, China, Monday, July 29, 2013 -- (Business Wire India) -- The BMW Group debuted the series version of its innovative electric vehicle, the BMW i3, simultaneously in New York, London and Beijing on Monday. "Innovation drives change. The i3 is more than just a car. It's a revolutionary step towards sustainable mobility. It is purpose-built around an electric power train to serve the needs of our megacity customers," said Chairman of the Board of Management of BMW AG, Norbert Reithofer, at the world premiere in New York on Monday.

The BMW i3 - the BMW Group's first pure electric series-produced model - has the same sporting genes as every BMW and is characterised by sheer driving pleasure. Sustainability is a priority throughout the entire BMW i3 value chain: "The BMW i3 sets a new benchmark for sustainable mobility in all stages of development and production, as well as aftersales," said Friedrich Eichiner, Member of the Board of Management of BMW AG, Finance, at the unveiling of the BMW i3 in Beijing.

Range of 130 to 160 kilometres generally quite sufficient

The vehicle achieves a range of 130 to 160 kilometres. The BMW Group's experience with test fleets of MINI E and BMW ActiveE cars has shown that a range of 130 to
160 km is quite sufficient for the vast majority of drivers. The average distance driven daily worldwide is no more than 64 km.

If desired, the BMW i3 is also available with a range-extender, which maintains the charge of the lithium-ion battery at a constant level enroute, as soon as it falls below a specified value. This is performed by a two-cylinder gasoline engine with 34 hp
(25 kW), mounted adjacent to the electric motor above the rear axle. The range extender increases the car's maximum range in day-to-day driving to around 300 kilometres.

Low running costs and strong global interest

The BMW i3 will be released in Germany and other European markets in November 2013. The market launch of the BMW i3 in USA, China, Japan and several other markets will take place in the first half of 2014. The base price for the BMW i3 has been set at 34,950 Euros in Germany. If customers opt to purchase the Range Extender as an extra, the price in Germany will amount to 39,450 Euros.

The vehicle's running costs are comparatively low: Over a period of three years, the maintenance and running costs for a BMW i3 are about 40% lower than those of a highly-economical 320dA registered in Germany. In other countries, figures may even be lower, depending on the level of subsidies available for electric vehicles.

Public interest in the BMW i3 and BMW i overall is extremely high and the response has been very positive: BMW i already has more than 1.2 million fans worldwide on Facebook, and more than 90,000 people have already requested a test-drive with the BMW i3.

BMW i3 sets a new benchmark in lightweight construction
The BMW i3 features a large number of technological innovations - such as a carbon-fibre passenger cell and a chassis made of aluminium - and sets new standards in the field of lightweight construction. With a curb weight of 1,195 kilogrammes, it is lighter than most vehicles in the compact segment, yet offers significantly more space for up to four occupants.

Its low weight contributes to the agility and dynamic performance of the BMW i3. The car's electric drive-train generates output of 125 kW/170 hp and peak torque of 250 Newton metres, which is immediately available from a standing start. The BMW i3 sprints from 0 to 60 km/h in 3.7 seconds and from 0 to 100 km/h in 7.2 seconds. Its top speed is limited to 150 km/h for efficiency reasons.

Sustainability throughout the value chain

Sustainability plays a vital role for the BMW Group. For example, the electricity needed for production of the BMW i3 at the Leipzig plant is generated from wind power. In addition to its CO2-free electricity supply, the plant also uses 50% less energy and 70% less water than the average for the already highly-efficient BMW production network.

Sale of BMW i vehicles via multi-channel sales model

BMW i products and services will be marketed through a multi-channel sales model, comprising authorised retail partners (BMW i agents), a multimedia Customer Interaction Centre (CIC) and an online sales platform. All sales channels will be fully integrated and customers will be able to choose their own individual customer journey. Customers can easily switch between all four channels.

With the introduction of the new online sales channel, BMW is responding to changed customer behaviour. Customers want new possibilities in how they inform themselves about products and how they purchase them. BMW i Partners will be the backbone of the BMW i sales network and the main contact point for the customer.

With its holistic "360 ° ELECTRIC" approach, BMW i provides the customer with an extensive product and service offer designed to meet the driver's needs. "We will support our BMW i3 customers with a comprehensive package of premium services for seamless and uncomplicated "sheer driving pleasure", explained Ian Robertson, Member of the Board of Management of BMW AG, Sales and Marketing BMW, at the BMW i3 launch in London.

Global market for electric vehicles likely to exceed 150,000 vehicles in 2013

The global market for electric vehicles is showing positive development: After almost 93,000 electric vehicles were registered worldwide last year, a total of 150,000 units is already forecast for the current year.

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Hero MotoCorp: 5 Year Warranty on all Two Wheelers

Hero MotoCorp, on all its two wheelers in India, announced a five-year warranty. The Warranty for motorcycles is 5 years/70,000km whichever is earlier and for scooters it is 5 years/50,000km. Sr. Vice President (Marketing & Sales) Anil Dua said that, Hero MotoCorp is the first manufacturer in the country to offer this benefit.


The warranty scheme could attract more bike buyers in India, since the company is the first to offer warranty for five years. The auto markets could see further rise in the sales of bikes despite sluggish economy.

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Screeching Auto Market in India

Everything is not good with the auto industry in India, as the market has registered skid in the January sales. So as the shareholder of the auto companies are in puzzle to see what could be there for this industry in the forthcoming union budget.

The sales were down in January, and the major reasons could be - the hike in the petrol price, diesel deregulation and non-introduction of any new model or variety in the market.

In 2012, only Maruti had good sales in the small cars segments, according to media reports. The auto companies have been approaching for the government to look after the excise duty and possible cut in that which could save the industry from shrinking further due to the global slowdown.

The major auto company, TATA reportedly cut down its production of cars following the slowdown and slow sales figures in India. Now, the companies have expectation from the union budget, which could possible give some relief as the government had deregulated the diesel and hiked petrol price many times in past.

The impact of hike in the petrol and diesel was loud and clear on the auto industry – slashing the sales, which has been considered as major concern for the car industries and the share holders of the auto market.

However, the apex bank has brought down the key interest rates to help the economy, but further measures need to keep the interest of all the industries in the country.

Due to the slowdown, slow growth rate of the economy and high inflation the choice of customers have been very dynamic and shifted their preferences towards basic necessity and cutting down luxurious goods.

And that could be another major impact on the auto market and the hike in the car prices also check the peace of the auto sales in India.

The post budget time may be favourable for both auto industry and consumers, if the government decided to cut excise duty in the budget.

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Maruti Suzuki shares zoom 4.2 percent

The shares of Maruti Suzuki zoomed 4.2 per cent on Friday following its net profit as declared in the quarter three results.

Maruti Suzuki's net sales in October to December rose by 46 per cent from year ago to Rs 10,957 crore, following the good sale of its cars in 2012.

The company carries the punch line 'count on us' has been really proven well in India.

The small cars from Maruti Suzuki have been largely accepted by India auto customers. According to media reports the company had topped in the the sales on small cars in 2012.

The company has been one leading car marker of most popular small cars in India.

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Toyota is top-selling automaker 2012

The Japanese company Toyota has become the top-selling automaker in the world for the year 2012; the company has sold 9.7 million cars and truck.

The company has topped in global sales followed by General Motors, which sold 9.29 million cars and trucks in last year.


The Japanese company, Toyota’s sales rose 22 per cent in 2012, while General Motors sales rose 2.9 per cent.


Overcoming from the natural disasters like the earthquake, Tsunami, the company has become the top auto seller in the globe last year.

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Maruti Suzuki shares soar Four Years High

The shares of Maruti Suzuki India Ltd at BSE touched four years high on Monday following rising sales in December 2012. At 11 am on Monday, early trade, the shares were being valued at 1,592.65 (+48.65).

The shares rose by around 3.15 per cent on the first day of the week the highest since December 15, 2009. And depreciation of Japanese Yen was also another cause for the rise in the shares of Maruti on BSE.

The BSE Sensex was up on Monday morning at 19,799.85 points with 15.77 points up or 0.08 per cent increase. And Nifty, in the early trade, zoomed around 0.04 per cent at 6,018.60 with 2.45 points up.

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Maruti Suzuki sales up by 7 percent in 2012

Maruti Suzuki India has witnessed an increase in sales by 7 percent in 2012-13 as compared to 2011-2012. As per the data published on Maruti Suzuki website, at the end of 2011, Maruti Suzuki sold 773361 units of vehicles, including both domestic and international sales. The 2012 sales figure for the same is 827725, which is 7% more than 2011.

If you compare the December month sales only, you’ll find that the sales also increased by 3.2% as compared to 2011. The passengers cars sales also increased by 3.9% as compared to 2011 till, even there is a 0.9% dip in December month sales.

While domestic sales are increasing, the export sales have dipped by 3% and that to 11% in December only. Domestic sales have risen up by 8.4% in December and by 5.9% compared to annual sales of 2011.

Alto, A-Star, WagonR, Seift, Estilo and Ritz are the most selling vehicles of Maruti Suzuki, while SX4 and Kizashi are witnessing a huge dip in both annual and monthly sales. Utility vehicles have seen a huge increase in sales in 2012 with selling more than 60,000 units which was 4,500 in 2011.

For the detailed report follow the Maruti Suzuki sales report.

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Maruti Suzuki cars to cost more from January 2013

In a significant development, the Maruti Suzuki company has declared to hike the price of cars by around 20,000 rupees from January 2013.

Those are planning to buy a car from this company need to pay more the cars from January 2013. But the news of hike in price have pushed the scrips of Maruti Suzuki to one year highest mark.

The share of the Maruti Suzuki company have zoomed around 3 per cent on Friday after the company declared price hike for its cars by next year.

On BSE the shares of Maruti Suzuki touched Rs. 1,533.75 by gained 3.54%  and on NSE its stocks were traded at Rs. 1,535.40 with  3.56% up. 

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