NEXA celebrating its first anniversary

Maruti Suzuki’s new automotive sales channel, NEXA has completed its first year of operations in the country. Within a time period of one year, 28,795 units of S-Cross and 71,230 units of Baleno have been sold through NEXA. By this, NEXA has contributed about 10% of Maruti Suzuki’s total domestic sales.

NEXA, one of the most important initiatives by Maruti Suzuki in its journey of transformotion, has redefined the car purchase experience in India. Launched in July 2015, NEXA has enabled Maruti Suzuki to attract new categories of customers to its fold. At present, the cars sold through NEXA are: premium cross-over, S-Cross and premium hatchback, Baleno.

Celebrating NEXA’s first anniversary, Mr. R S Kalsi, Executive Director, Marketing & Sales said, “NEXA has been created to address the needs of a new and growing segment of Indian customers. These customers are well travelled, digitally savvy and frequently experience five-star hospitality. They value personal touch and pampering in their purchase and ownership experience. Over half (51 per cent) of the customers who bought cars at NEXA were not customers of Maruti Suzuki at that point, indicating that through NEXA, we are able to attract new categories of customers.”

Elaborating on the road ahead for NEXA, he added, “To further enhance the purchase and ownership experience, we plan to provide customers enriching experiences beyond the showroom as well. We will curate new experiences around fashion & lifestyle, music and travel. These experiences will touch the lives of customers through international music festivals, fashion/styling sessions and long distance drives. Rather than limit ourselves to selling cars, our aim is to forge relationships over the period of ownership.”

Over 1,00,000 cars have been sold through NEXA. NEXA has rapidly grown to 150 showrooms across 94 cities. Maruti Suzuki plans to expand the number of NEXA outlets to 250 by March 2017. NEXA is expected to contribute 15% of MSIL sales by 2020.

Bajaj sells 1 lakh V 150cc bikes in 4 months

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Within 4 months of launch, Bajaj has sold 1 lakh V bikes in India. Deliveries of the bike started in 23rd march and it gained traction due to its lineage of carrying INS vikrant warship metal used for production

Commenting on the milestone, Mr Eric Vas, President (Motorcycle Sales), Bajaj Auto Ltd, said “The invincible V was launched with the intent of giving a piece of history to every Indian. We are thrilled with the overwhelming response from the Indian customers. We are ramping up the production by September as we are very positive that these numbers will only continue to grow and sustain the Bajaj V as one of the bestselling premium commuter motorcycles in the country.”

Bajaj positioned the V15 at around Rs. 62,000, which is a little higher than the top-spec Glamour and Shine disc brake variants, priced around Rs. 59,000.

Bajaj hopes to capitalise on the V with more bikes on the platform. Bajaj Auto’s Managing Director, Mr. Rajiv Bajaj said, “The next bike on the V‘s platform would be launched around November this year, while the third product on the same platform would follow in May or June 2017.”

Maruti Unveils Coffee table book on Golden Quadrilateral

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Maruti Suzuki India Limited today launched a coffee table book as a tribute to “The Golden Quadrilateral”.

Chief Guest, Shri Nitin Gadkari, Honourable Minister for Road Transport and Highways, and Shipping, along with Mr RC Bhargava, Chairman and Mr Kenichi Ayukawa, Managing Director and CEO, Maruti Suzuki, released the book. The book is authored by Mr Bob Rupani. The foreword is by Mr RC Bhargava.

On the occasion, Mr. Kenichi Ayukawa, MD & CEO, Maruti Suzuki, said, “Availability of a good road infrastructure is essential for sustained growth of a country. Just like the veins in one’s body, roads are critical for every country. Roads connect lives, accelerate industrial development, and generate direct and indirect employment. They expand the reach of education and opportunities.”

He added, “Today we are celebrating the vision of Shri Atal Bihari Vajpayee. His ambitious project the Golden Quadrilateral was path breaking. It has transformed lives and businesses positively. It encouraged industries and created employment opportunities in smaller towns. This coffee table book “The Golden Quadrilateral” is a tribute to this modern highway network.”

Hero to discontinue Ignitor, Maestro, Passion Xpro and Impulse

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Hero Motocorp – India’s largest two wheeler maker which recently launched in-house developed splendor ismart 110cc will discontinue four models soon. Ignitor 125cc, Maestro 110cc, Passion Xpro 110cc and Impulse 150cc are the models which Hero would discontinue. The models were produced jointly Honda tech hence replacing with in-house models will help the hero to limit its loyalty payment and put better products for sale.

Maestro Edge has already gained traction, ignitor and impulse were non-starters hence stopping this models will not have any major impact in Hero’s sales chart. However, Hero has to find worthy replacement for passion XPro 110cc. We have to see how splendor ismart 110cc performs in the market in the coming days.

Volkswagen Ameo Price Starts At Rs5.24 Lakhs

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Volkswagen launched its much-awaited first compact sedan in India, the Ameo at a starting price of Rs. 5.24 lakhs (ex-showroom, Delhi). Ameo is available in three trim levels – Trendline, Comfortline and Highline. It will be available across all the Volkswagen showrooms from July 2016.
On the launch, the Director of Volkswagen Passenger Cars India, Mr. Michael Mayer said, “Today is a very special day for Volkswagen in India, as we introduce our first ever made-for-India carline, Volkswagen Ameo. The Ameo underlines our philosophy of offering the best of technology and safety standards packaged at an attractive price. Through the Ameo, we are confident of cementing Volkswagen’s strong presence in the compact sedan segment and further expand the Volkswagen India family.”
Powering the Ameo  is the same 1.2-litre MPI Petrol engine which powers the Polo. The engine gets mated to a 5-speed Manual gearbox and delivers 74bhp @ 5400rpm and 110Nm @ 3750rpm of peak power and torque output respectively. A 1.5-litre diesel engine with a 7-speed Automatic gearbox for the Ameo will be offered later this year.
Volkswagen offers Ameo with many exciting and class leading features like dual front airbags, rain sensing wipers, cruise control, ABS as standard, anti-pinch power windows and so on. The new sedan will toughly compete with Honda Amaze, Tata Zest, Ford Figo Aspire and Maruti Swift Dzire.
The price details of Volkswagen Ameo are as follows.
Ex-showroom, Delhi prices:
1. Ameo Trendline – Rs. 5,24,300
2. Ameo Comfortline – Rs. 5,99,950
3. Ameo Highline – Rs. 7,05,900
Ex-showroom, Mumbai prices:
1. Ameo Trendline – Rs. 5,13,864
2. Ameo Comfortline – Rs. 5,87,914
3. Ameo Highline – Rs. 6,91,680

Renault Kwid, Maruti Celerio, Maruti Eeco, Mahindra Scorpio and Hyundai Eon gets zero rating at Global NCAP crash test

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Kwid, Celerio, Eeco, Scorpio and Eon gets zero rating at Global NCAP crash test. Even with airbag, chances of surviving a crash is lower due to collapsing structure

Mahindra Scorpio was the only SUV to be tested and the base variant which comes without airbags was the test mule. Despite the rugged image of the vehicle it shockingly scored zero stars in the adult occupant protection and only two stars in child occupant protection. The collapse of the structure combined with the lack of airbags explains the score for the adult occupant protection which means that there is a high probability of life threatening injuries for at least one of the adult passengers, Global NCAP said.

Tata Tiago Price list

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The much awaited tata tiago (zica) is finally launched today. The price list of tiago. Tiago comes in five variants with petrol and diesel engine options

Tiago Petrol price list (ex showroom – Delhi )

XB: Rs 3.2 Lakhs

XE: Rs 3.59 Lakhs

XM: Rs 3.89 Lakhs

XT: Rs 4.19 Lakhs

XZ:Rs 4.75 Lakhs

Tata Tiago Diesel Price list

XB: Rs 3.94 Lakhs

XE: Rs 4.29 Lakhs

XM: Rs 4.69 Lakhs

XT: Rs 4.99 Lakhs

XZ: Rs 5.54 Lakhs

Fords slashes prices of Ecosport on Brezza launch

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Ford today announced new (reduced) prices of ecosport suv on account of Maruti vitara brezza launch.

Variant wise Old Prices of Ford EcoSport (Ex-Showroom, Delhi) and variant wise new prices in 2nd table

Variants Ambiente Trend Trend+ Titanium Titanium +
Powertrain Combination
1.5L Ti-VCT (Petrol) 722,500 818,300 NA 933,900 NA
1.5L Ti-VCT (Petrol) AT NA 1,036,300 NA
1.0L EcoBoost (Petrol) NA 896,300 NA 1,032,400
1.5L TDCi (Diesel) 841,100 913,200 961,200 1,028,800 1,087,300
Variants Ambiente Trend Trend+ Titanium Titanium +
Powertrain Combination
1.5L Ti-VCT (Petrol) 668,800 740,900 NA 856,500 NA
1.5L Ti-VCT (Petrol) AT NA 961,500 NA
1.0L EcoBoost (Petrol) NA 818,900 NA 945,000
1.5L TDCi (Diesel) 728,800 800,900 848,900 916,500 975,000

2016 Budget Impact on Auto Sector

Budget impact on Auto Sector:

Pay (little) more for all cars, Stay away for diesel cars & SUVs

Small Petrol cars (Nano to i20 to Baleno) – 1% more
Small Diesel cars (Celerio diesel to i20 diesel) – 2.5 % more
SUVs/ Large Diesel cars (Scorpio,XUV500, Safari Storme) – 4% more
Luxury Petrol cars (Accord, Superb) – 1% more
Luxury Diesel cars (Fortuner, Trailblazer) – 4+1% more….

Here is what Jaitely announced during his Budget Speech

1% additional tax will be charged on luxury cars above Rs 10 lakh,” Jaitley announced. In a move aimed at checking pollution and encouraging use of hybrid cars, FM Jaitley also announced that a 1% infra cess will be levied on small petrol cars. A 2.5% infra cess will be imposed on diesel cars.
Jaitley also said that a 4% additional levy will be imposed on high-capacity passenger vehicles and SUVs.

Maruti shows Ignis and Baleno RS

Maruti on the second day of auto expo shown two new concepts – Ignis and Baleno RS. Ignis concept was first shown in Japan and it is expected to be the maruti entry level suv in the indian market. Powered by the 1.2L petrol engine developing 88.79bhp of peak power and 118Nm of peak torque is said to return a mileage of 22kmpl. Ignis will sit below the vitara brezza and will take on the likes of Mahindra KUV 100. Ignis will be sold through NEXA dealerships

Baleno RS: riding on the success of baleno, maruti has unveiled performance variant of Baleno called Baleno RS. Baleno RS powered by a 1.0L boosterjet engine generating max power of 110bhp and peak torque of 175Nm. With the boosterjet engine, Baleno RS will take on the likes of polo GTI, punto abarth and more. This engine is compact yet deliver exceptional performance on the likes of Ford Ecoboost engine which powers the Ecosport. Maruti will integrate this engine on future swift and dzire models if it succeeds with Baleno RS

 

 

 

 

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