In this Auto Shorts, we bring you this week’s news from our Automotive Industry. The brands that are covered this week are Hyundai, Mahindra, Tata and Nissan. We also speak about the sales in the Diwali season.
Hyundai Deploys Emergency Roadside Assistance in Tamil Nadu & Pondicherry
A depression in Bay of Bengal has caused weather disturbances and states like Tamil Nadu, Pondicherry & other coastal areas are under red alert experiencing heavy rainfalls,
In such adverse times, Hyundai extends its support to the customers to provide an assurance of a dedicated service and after sales experience to the customers.
Hyundai has set up an emergency special task force to operate the roadside assistance for the flood affected vehicles. The brand will provide a free of cost roadside assistance for the customers. Under this support scheme, Hyundai will also offer a 50% discount on depreciation amount on the insurance claims for flood affected vehicles.
If you or your known-ones might need help with this roadside assistance, do share the link of this video with them, as we have mentioned in the description, the contact details of the emergency roadside assistance team.
Highlights:
- Red Alert in Certain Areas of Tamil Nadu & Pondicherry
- Hyundai Deploys Roadside Assistance Task Force
- Hyundai Customers will get Free Of Cost Assistance
- 50% Discount on Depreciation of Insurance Claims
The Mahindra XUV 700 receives 5-Star Safety Rating
The Indian Automotive Industry felt tremors since Mahindra & Mahindra launched the XUV 700 and showcased its features and blew our minds with it’s pricing. Since then, It has been the brightest student in the class, performing well in all the subjects. Breaking an endurance record, receiving more than 65,000 bookings in just days. The XUV 700 was already the talk of the town but now, buyers who are waiting for their XUV 700 to be delivered, feel a little more safe & proud of their choice, as the XUV 700 just received a 5-star safety rating from Global NCAP.
The XUV 700 scored the highest combined safety rating for both adults and children, making it the safest Indian 7 Seater SUV in our country.
Proud moments for us Indian consumers and the brands like the Tata & the Mahindra, as we are now manufacturing the safests vehicle in our industry. We’ve come a long way, from praising the Global OEM’s build quality and robustness, to being the safest in segment, ourselves..
Highlights:
- The XUV 700 Gets 5-star Safety Rating From Global-NCAP
- The XUV 700 Scores Highest Rating for Adult and Children.
Tata Partners With Equitas SFB & BOI for Attractive Financing
The Tata Motors have made purchasing their passenger & commercial vehicles easier, by collaborating with the Equitas Small Finance Bank & the Bank Of India.
For their passenger vehicles, the Tata Motors have partnered with Bank Of India to offer, a low rate of interest of 6.85%, Low -EMI’s starting from Rs. 1502 per lakh for seven years and finance upto 90% of the on road price of the vehicle. To ensure the customers can avail these offers upto a long period of time, the Bank Of India is also not charging any processing charges till March 31st, 2022 and would be offering higher loan eligibility even with existing loans specially for customers availing finance for Tata Vehicles.
Whereas, for their small commercial vehicle line-up they have partnered with Equitas SFB, to leverage their strong network across the country with 860 branches & 550+ customer touchpoints, to provide attractive financial fundings and benefits for their aspiring buyers who are independently trying to start-up their logistics business in the E-Commerce sector.
Highlights:
- Low-Rate of Interests – 6.85%
- Financing Up-To 90% On-Road Price
- Low EMI of Rs.1502/Lakh
- No Processing Charges till 31st March, 2022.
- The Equitas SFB Offers Attractive Financial Offers for Commercial Vehicles
- Beneficial Offers for Aspiring Entrants of Logistics Sector.
Nissan launches Smart Subscription Plan
NIssan in partnership with Zoomcar & Orix, have curated an “Intelligent Ownership Subscription” plan with share-back option for their customers.
The customers can avail the subscription plan in Delhi-NCR, Bangalore, Chennai, Mumbai, Hyderabad & Pune as of now. Nissan will charge a refundable security deposit and a monthly subscription fee, depending on the tenure. The tenure has to be a minimum of 12 months.
The subscription plan will cover all maintenance costs, tyre-battery replacement, 24×7 Roadside Assistance, Zero Depreciation Insurance, all registration charges and expenses.
The plan will also provide Fastag and standard accessories for the car.
The customers also get the liberty to share the vehicle on Zoomcar’s short term rental platform and save up on their subscription fee.
This is a great way of targeting the young and progressive generation who believe in an asset-lite lifestyle. Nissan is globally working hard to revive its image, with such innovative ideas, they might just do the job right, here in India.
Highlights:
- Subscription Plan Available in Delhi, Bangalore, Chennai, Mumbai, Hyderabad & Pune
- Minimum Tenure of 12 Months
- Subscription Fee Covers Zero-Dep Insurance & Registration Charges
- Subscription Fee Includes Periodic Maintenance including Tyres & Batteries.
Diwali Week Car Sales
Diwali Festivities have passed and like each year you might have read in your local newspaper or heard from a local, talking about car sales records being broken in your city.
Well, Dhanteras & Diwali is one of those moments for our Automotive Industry, when sales figures just skyrocket as compared to normal months. This year was no exception, as sales figures did maintain the legacy of the festive statistics.
Renault Motors sold more than 3000 cars between dhanteras and diwali, with AMT & CVT transmission variants being the buyer’s choice. These sales figures consists of Renault’s
Latest launch – The Kiger, the Triber & Renault’s hatchback – the Kwid.
MG Astor also debuted its deliveries by delivering 500 Astors on dhanteras, Dealerships across nations are working out on the allocation for the Astors to be delivered this year.
It’s not just the brand new cars rolling off the showroom floor but even the pre-worshipped ‘used’ cars also saw an increase in its sales. Mahindra & Mahindra’s Used Car Subsidiary – The Mahindra First Choice sold 1028 used cars on Dhanteras, across their strong network of dealerships with 1100 touch points across the country.
Highlights:
- Renault Sold 3000 Cars During Diwali & Dhanteras
- MG Delivers 500 Astor on Dhanteras
- Mahindra First Choice sold 1028 Used Cars on Dhanteras.
