Showing posts with label sales. Show all posts
Showing posts with label sales. Show all posts

Friday, August 14, 2020

Hyundai Motor India Nationwide Freedom Drive from August 14–21


 Hyundai Motor India Ltd., country’s first smart mobility solutions provider and largest exporter since inception, today announced the commencement of Nationwide Freedom Drive across all Hyundai workshops, with an objective to make customers mindful of Periodic Maintenance Schedule. Customers can avail special offers on Labour, Car Sanitization & Under body coating for their Hyundai cars from August 14 – 21, 2020.

Commenting on the Freedom Drive, Mr. Tarun Garg, Director – Sales, Marketing & Service, said, “Hyundai’s philosophy is to be the Lifetime Partner of its customers and Freedom drive is a step towards providing a delightful customer experience. This unique service initiative is aimed at educating customers about periodic maintenance with an intention to provide seamless service experience, enhancing customer’s peace of mind.” 

Customers’ offers and benefits for Freedom Drive at select Dealers include:

• Free 50-point check & hi-touch points sanitization

• Complete interior sanitization packages starting from ₹ 599

• Up to 20% discount on labour charges

• 15% discount on Underbody Coating

With over 1300 service outlets, HMIL is committed to provide the most comprehensive and qualitative service. Hyundai service facilities can also be experienced via 360° Digital & Contact-less Service. From online service booking through Hyundai Care App, Vehicle status update via WhatsApp, Pick & Drop from home/office and online payment facility, a touch free service experience is ensured for the customers, wherever they are and whenever they want to. Hyundai has endeavoured to establish service benchmarks in the industry with its leading service initiatives and No.1 rank in JD Power Customer Service Index study for 3 years consecutively.

Wednesday, August 5, 2020

Enjoy Exclusive Offers and Discounts on Select Devices During Huawei Wearable Days’ Promotion

Offers and Discounts  

* Enjoy exclusive deals on Huawei Wearables this August available on Amazon India, Flipkart & Croma Retail Stores across major Indian Cities. Sale starts from August 6th and ends on August 11th 2020
* New and exciting offers during the Huawei Wearable Days are on the Watch GT 2 and Watch GT2e variants with their lowest prices ever
* Become a proud owner of the latest Huawei Freebuds 3i, Watch GT 2, and GT 2e this August, and get an exciting gift along with the all-new Freebuds 3i
* No-Cost EMI available on select variants

Huawei Consumer Business Group India announces the Huawei Wearable Days this August starting from August 6th to 11th, 2020. The Huawei Wearable Days brings some exciting deals on a fantastic line up of wearables and discounts on the Watch GT 2 and Watch GT 2e, and a gift with the latest Huawei Freebuds 3i.

Huawei revolutionised the wearable segment in India by launching Huawei GT 2 followed by Huawei GT2e. Also, the company’s latest technological innovation in the earphone section - the Freebuds 3i has set an industry benchmark in the TWS segment. The offers involve a massive price drop on everyone's favourite Huawei Watch GT 2, Watch GT 2e variants, and an exciting device with the Freebuds 3i for free. Imagine all these deals on wearables are now available on both Amazon India, Flipkart as well as Major Croma Retail Outlets Across India!

More excitement for those looking at immediate purchase as the Watch GT 2e Mint Green, Red, and Black variants now come at a price of only INR 9,990, which was originally priced at INR 11,990. There is also the Watch GT 2 Sport variant which is available at a price of INR 12,990, which was for INR 14,990. With a grand discount of INR 2000, one can purchase the classic and premium variants of the Watch GT 2 as well.

Buyers get the Huawei Band 4, an ergonomically designed device which is also your assistant with the HUAWEI FreeBuds 3i, which is available in two classic colours: Carbon Black and Ceramic White priced at INR 9990 with Prime Day offer – a HUAWEI Band 4 worth INR 3099 at zero cost.

To find out more about Huawei Wearable Days, visit the Official Website and get to know more about the Huawei Freebuds 3i.

Adding to the plethora of wearables available from Huawei, check out the leather sport variant which is available for INR 17,990, Titanium Grey variant for INR 21,990 and the Black Sport variant for INR 15,990 in the watch segment.

Interested customers can check these lifetime deals on Amazon India and Flipkart starting August 6th to 11th 2020 and enjoy the upcoming weeks filled with offers, discounts and gifts. 

About Huawei Consumer BG

Huawei’s products and services are available in more than 170 countries and are used by a third of the world’s population. Fifteen R&D centres have been set up in the United States, Germany, Sweden, Russia, India and China. Huawei Consumer BG is one of Huawei’s three business units and covers smartphones, PC and tablets, wearables and cloud services, etc. Huawei’s global network is built on almost 30 years of expertise in the telecom industry and is dedicated to delivering the latest technological advances to consumers around the world.

Wednesday, July 29, 2020

Centuary Mattresses Launches Pocketed Spring Rollpack Mattress Under Sleepables By Centuary Brand


In continuation to its extension of advanced and innovative products, Centuary Mattresses, one of India’s leading mattress company, has now ventured into ‘Online Exclusive category’ of mattresses with the launch of ‘Sleepables Mattress’ - India’s first ‘Pocketed Spring Mattress in Box’. The company has forged partnerships with the major e-commerce players for this Online exclusive range of mattresses that offers superior quality with the luxury in stylish designs of mattresses. The high-quality pocketed spring mattress will be compressed, rolled, and packed in an easy-to-carry box. All the consumer needs to do is just unpack it, unroll it, and wait for a few seconds as it automatically decompresses making it convenient to transport and handling. The Rollpack range is available on Amazon, Flipkart, Pepperfry and Centuary’s website as well. These Rollpack mattresses are manufactured at Centuary’s own manufacturing plants in Hyderabad. 

‘Sleepables By Centuary Pocketed Spring Mattress’ is a first of its kind technologically superior mattress designed with independent pocketed springs, which ensures zero motion transfereven if someone is tossing and turning on the other side of the bed. Sleepables pocket spring mattress uses an advanced spring technology with active edge support and plush PU (Polyurethane Foams) Foam comfort layer and quilt.  The ‘Sleepables’ range of mattress is available in all standard sizes of Single, Double, King, and Queen size beds with an option of customized size also. The sleepable range is available in 6 inches and 8 inches thickness with a starting price of INR 8,000 to 24,000 depending upon the size of the mattress. 

Speaking about Centuary’s launch of the Online Exclusive range, Mr. Uttam Malani, Executive Director of Centuary Mattresses said, " Sleepables By Centuary is expected to be the growth driver for Centuary’s push into Online sales leadership of the mattress category, which is currently dominated by multiple unorganized players and private labels. It also strengthens our positioning in the segment of the superior product configuration since Rollpack spring mattresses need high-quality technology that has never been deployed in India earlier.  

Sleepables by Centuary is the first and only Online exclusive range in India of Rollpack Pocketed Spring Mattresses which comes as a bed in a Box. Many customers enjoy this hassle-free version of new-age mattress shopping. Instead of spending a weekend or two testing mattresses out in a showroom, the customers can order this mattress online in just a few minutes that are easy to deliver and handle. It is delivered from Centuary’s manufacturing plant straight to the consumers’ doorstep, thereby ensuring convenience and comfort. 

Thursday, July 16, 2020

India’s First Factory Custom, Jawa Perak, Hits the Streets Across the Country

Jawa Perak

* Deliveries of the motorcycle start from 20th July 2020 at dealerships across India
* Powered by a 334cc cross port engine delivering 30.64 PS of power and a higher 32.74 Nm of torque
* The company puts in place attractive finance schemes and safety protocols across dealerships for a worry-free buying experience 
  
Jawa Perak has been one of the most anticipated motorcycles of 2020 and now the wait to see the Perak on the road and own this creature of the night is over. Classic Legends Pvt. Ltd. announced the start of deliveries of the Perak from the 20th of July across the length and breadth of the country.

The Perak is a motorcycle reminiscing the past, yet far ahead of its time. Designed and developed as a factory custom embodying the spirit of ‘Stealth, Vigilante and Dark’, the BSVI compliant machine is a true bobber in spirit and form with ‘bobbed’ fenders, chopped exhaust and a floating seat.

India’s first Factory Custom is powered by a 334cc liquid cooled, single cylinder, four stroke, DOHC engine, producing 30.64 PS of power and 32.74 Nm of torque, breathing out through signature twin Jawa exhausts chopped for the authentic bobber stance.

The time during the lockdown was spent fruitfully by the Perak product team as they managed to crank up the torque by nearly 2Nm from its earlier 31 Nm. The higher torque directly translates to better pulling performance both from standstill and rolling acceleration. This has been achieved with meticulous fine tuning of the engine coupled with the new cross port technology that ensures thrilling performance while delivering cleaner emissions compliant with BSVI regulations. All this power is put to the tarmac via a 6-speed transmission with ratios optimised to offer a great riding experience through the gears. 

Housed in a completely reworked chassis with an all-new swingarm, engineered to offer the optimum transverse, longitudinal, torsional rigidity. Frame and swingarm stiffness have been tuned for a linear feel, aiding stability over straights and poise along winding roads. This plays a significant role in improving the handling.

Unleashing the Jawa Perak, Anupam Thareja, co-founder, Classic Legends said, “When we set out to build the Perak, the goal was simple – to create a motorcycle with the right blend of exclusivity, individuality and performance, with a hint of sinister and dark. Built on the idea of India’s first factory custom, the Perak is just that and now it is out on its prowl. We are proud of our creation and today we offer it to our customers to enjoy. We welcome them to the ’dark’ side and hope that nights will never be the same for Perak riders.”

To help bikers give in to temptation more easily, the Jawa Perak is also available with a range of easy finance options. Each Finance Options on offer across Jawa dealerships has something unique. A few highlights are:

•           50% off on first 3 EMIs
•           Special EMI plan @ Rs. 6,666/month
•           EMI plans as low as Rs. 8,000 @ 2years and Rs. 6,000 @ 3years
•           100% funding | Zero down payment | No income proof required. (T&C apply)

The Jawa Perak was officially launched on November 15th 2019 and the bookings for this factory-custom bobber motorcycle began on January 1st. The motorcycle is priced at Rs 1,94,500, ex-showroom, Delhi. The motorcycle is available for display, test rides and booking at all Jawa dealerships across India.

Classic Legends has put in place a comprehensive standard operating procedure across its sales outlets and the dealerships have been adhering to the policies and measures directed by the Central and State governments with respect to the safety of customers, employees and visitors. The showrooms are functional with teams trained and equipped to follow social distancing, hygiene and sanitation protocols.

Wednesday, July 8, 2020

Enjoy a Six-months EMI Holiday on Your New Tata Car in India

Key Highlights:

* Enjoy up to 100% on-road funding with zero-down payment
* Service only monthly interest during the 6-month EMI Holiday period
* Loan tenure of up to 5-years
* Offer available on Tiago, Nexon & Altroz

Tata Motors, India’s leading auto brand, today announced the launch of a novel and attractive financing offer on its popular brands Tiago, Nexon and Altroz. Customers can now make zero down payment, avail a 6-month EMI holiday (only interest needs to be serviced monthly) and access up to 100% on-road funding for a loan tenure of 5-years. This offer is being made available through a partnership with Karur Vysya Bank (KVB), one of India’s oldest and most trusted banking institutions, to eligible salaried and self-employed persons.

In its endeavor to make safe personal mobility solutions more affordable and accessible to individuals and families, and help maintain norms of social distancing, Tata Motors is also offering affordable, step-up EMIs on long tenure loans of up to 8-years through its association with multiple financing partners. For just Rs 5,555/- as starting EMI, you can now drive home the 5-star GNCAP safety rated premium hatchback Altroz. Popular SUV Nexon and hatchback Tiago are also available for EMIs starting at only Rs. 7499 and Rs.4999/- respectively

Tata Motors manufacture cars that are proudly Indian with international quality, design and safety. To know more about the offers and car buying options, call your nearest dealership or visit cars.tatamotors.com. Customers can also enquire, request a test drive, make bookings and select their preferred financing option via the recently launched ‘Click to Drive’, an end-to-end online platform from the comfort and safety of their homes.

Test drives are being offered on demand at the customer’s preferred location. To maintain social distancing, only one person drives the vehicle with a dealer staff member sitting in the rear seat to avoid any physical contact.  Following every test drive, the vehicle is fully sanitised including replacing protective covers shielding the interiors of the vehicle that come in contact while driving.

Tuesday, July 7, 2020

Land Rover Begins Delivery of BS-VI Petrol Derivates of New Range Rover Evoque and New Discovery Sport


New Range Rover Evoque and New Discovery Sport

* BS-VI compliant petrol derivatives have been introduced on New Range Rover Evoque and New Discovery Sport
* Both SUVs are powered by Ingenium 2.0 l (litre) petrol engine with an output of 184 kW and 365 Nm of torque
* Prices of the New Range Rover Evoque 2.0 l (litre) Petrol start from ₹ 57.99 Lakh
* Prices of the New Discovery Sport 2.0 l (litre) Petrol start from ₹ 59.99 Lakh

Jaguar Land Rover India has announced that it has begun deliveries of BS VI compliant petrol derivatives of New Range Rover Evoque and New Discovery Sport. The two SUVS are powered by Ingenium 2.0 l (litre) turbocharged petrol powertrain, producing 184 kW and 365 Nm of torque, which is supported by a 48-volt mild hybrid system. The New Range Rover Evoque and New Discovery Sport are available in highly feature-rich ‘S’ and sportier ‘R-Dynamic SE’ derivatives. 

Rohit Suri, President & Managing Director, Jaguar Land Rover India Ltd (JLRIL), said:
“The Range Rover Evoque and Discovery Sport have been tremendously successful in India since their introduction. In their new avatars, both SUVs have quickly captured the imagination and hearts of our customers and fans with their design, technology and luxury. Now with the new BS-VI petrol powertrain we are happy to provide our customers with enhanced choice.”

Both the New Range Rover Evoque and New Discovery Sport come equipped with latest technologies and class leading features such as:

Cabin Air Ionisation: It works seamlessly with the climate control system by electrically charging air particles, ionising them and removing pollutants and other harmful particles.

ClearSight Rear-view Mirror: If rear visibility is compromised by passengers or bulky items, one may simply flick a switch on the underside of the mirror and a camera feed from the top of the car will display what is behind the vehicle in crisp high definition.

InControl Touch Pro and Touch Pro Duo: The New Range Rover Evoque and Discovery Sport have InControl Touch Pro with Android Auto and Apple CarPlay as standard. In addition, the Range Rover Evoque R-Dynamic SE features Touch Pro Duo that combines an adjustable upper touchscreen with a lower touchscreen that offers an elevated input convenience.

Terrain Response 2: For enhanced off-road capability, Terrain Response 2 automatically detects the surface and adjusts the torque delivery to best suit the conditions, ensuring that one can wade through rivers, climb mountains and reach unexplored places with ease.

Further details on the New Range Rover Evoque and New Discovery Sport are available on the Land Rover India website www.landrover.in

Land Rover Product Portfolio in India

The Land Rover range in India includes the Range Rover Evoque (starting at ₹ 58 Lakh),  Discovery Sport (starting at ₹ 59.99 Lakh), the Range Rover Velar (priced at ₹ 73.30 Lakh),  Discovery (starting at ₹ 75.59 Lakh), Range Rover Sport (starting at ₹ 87.02 Lakh)  and Range Rover (starting at ₹ 196.74 Lakh). All prices mentioned are ex-showroom prices in India.

Jaguar Land Rover Retailer Network in India

Jaguar Land Rover vehicles are available in India through 27 authorized outlets in Ahmedabad, Aurangabad, Bengaluru (2), Bhubaneswar, Chandigarh, Chennai, Coimbatore, Delhi (2), Gurgaon, Hyderabad, Indore, Jaipur, Kolkata, Kochi, Karnal, Lucknow, Ludhiana, Mangalore, Mumbai (2), Noida, Pune, Raipur, Surat and Vijayawada.

Monday, July 6, 2020

Hyundai Records Landmark 1.5 Million Visitors on ‘Click To Buy’ in India

Online Retail Sales

* Fortifies the ‘Future of New Online Automotive Retail’ in India recording over 1 900 online vehicle bookings
* Strong traction & acceptance of online car buying channel with more than 20 000 registrations and over 20 000 enquiries

Hyundai Motor India Ltd., country’s first Smart Mobility Solutions Provider and largest exporter since inception, announced an overwhelming response for India’s First and Only Comprehensive Online Car Buying Platform Click To Buy that has recorded over 1.5 Million visitors and over 20 000 Enquiries since its launch in March 2020.  

Commenting on the record breaking success of ‘Click To Buy’, Mr. S S Kim, MD & CEO, Hyundai Motor India Ltd., said, “Hyundai is redefining the online automotive retail space with its revolutionary digital sales initiative Click To Buy. The platform has seen outstanding traction, recording over 20 000 Registrations and over 1 900 Bookings is a testament of customer trust in brand Hyundai. With digital buying becoming a ‘New Normal’ during the COVID-19 pandemic, Hyundai will continue to provide smart mobility solutions such as Click To Buy ensuring a seamless online car purchase experience for our customers.”

The customer response on Click To Buy, highlights strong acceptance and showcases comfort of purchasing cars online. The Click To Buy platform has revolutionized the online retail experience and provided unparalleled Future Retail Experience to Indian customers.

With Click To Buy, Hyundai is offering a complete end-to-end online car buying solution that enables customers to purchase cars from the convenience & safety of their homes. Hyundai has also partnered with leading Banks HDFC and ICICI, in India to facilitate application of loans online without the need to visit a Bank/ Branch for approval, all on the Click To Buy platform that integrates over 600 dealerships. 

Wednesday, July 1, 2020

Garware Technical Fibres Consolidated Net Profit Rises by 12% in FY20

Garware Technical Fibres Ltd. (Formerly Garware-Wall Ropes Ltd.), a leading manufacturer of technical textiles for the Indian and global markets, has announced its financial results for the quarter and twelve months ended 31st March 2020. 

Q4 FY20 Highlights:

* Consolidated Revenue reduced by 13% to INR 253 Cr in Q4 FY20 as compared to INR 290 Cr in Q4 FY19
* Consolidated Net Profit has decreased by 2.5% to INR 36 Cr in the quarter as against INR 37 Cr in the corresponding period of FY19
* Consolidated EPS for Q4 FY20 is at INR 16.32; this is a decline of 2.5% over Q4 FY19
* Standalone Revenue reduced by 16% to INR 244 Cr in Q4 FY20 as against INR 290 Cr in Q4 FY19
* Standalone Net Profit has increased by 100% to INR 73 Cr in the quarter as against INR 37 Cr in the corresponding period of FY19
* Standalone EPS for Q4 FY20 is at INR 33.45; this is a rise of  100% over Q4 FY19

FY20 Highlights:

* Consolidated Revenue reduced by 6% to INR 953 Cr in FY20 as compared to INR 1018 Cr in FY19
* Consolidated Net Profit has increased by 12% to INR 141 Cr as against INR 126 Cr in FY19
* Consolidated EPS for FY20 is at INR 64.22; this is an increase of 12% over FY19
* Standalone Revenue reduced by 7% to INR 945 Cr in FY20 as compared to INR 1018 Cr in FY19
* Standalone Net Profit has increased by 42% to INR 178 Cr in FY20 as against INR 126 Cr in FY19
* Standalone EPS for FY20 is at INR 81.35; this is a rise of  42% over FY19

Management Comments:

Stating his views on the results, Mr. Vayu Garware, CMD, Garware Technical Fibres Ltd. said, “The topline and profit performance for the fourth quarter was subdued due to the impact of the lockdown on account of the coronavirus. Particularly, dispatches of our international sales were significantly impacted despite having a strong order book. Domestic sales from depots around the country could also not take place as planned. While the current Covid-19 pandemic continues to pose significant challenges in the first quarter of this year, since approximately 60% of our business caters to end users who are in food related industries, we are hopeful of a reasonable recovery in the second half of the year subject to any unforeseen issues.”

About Garware Technical Fibres Ltd. (Formerly Garware-Wall Ropes Ltd.): (BSE: 509557 / NSE: GARFIBRES)

Garware Technical Fibres Ltd. (formerly Garware-Wall Ropes Ltd.), an ISO 14001:2015 and ISO 9001:2015 certified company is a leading player in Technical Textiles specializing in providing customized solutions to its customers worldwide. Globally, the company is known for its applied innovation in the field of sports, fisheries, aquaculture, shipping, agriculture, coated fabrics and geo-synthetics. The company’s products are manufactured in state-of-art facilities at Wai and Pune and marketed in more than 75 countries.

Wednesday, June 17, 2020

Range Rover Marks 50 Years of All-Terrain Innovation and Luxury with Exclusive New Limited Edition


50 Years of Innovation and Luxury 

* The Original: Range Rover was the original luxury 4x4; half a century after it made its global debut, it remains the benchmark for design, refinement and engineering innovation
* Family of SUVs: Now 50 years on, the original luxury 4x4 has evolved into the world’s most desirable family of SUVs – Range Rover Evoque, Range Rover Velar and Range Rover Sport
* Special Edition: Range Rover celebrates half a century of design and engineering excellence with a special edition Range Rover Fifty model
* Celebratory model: Limited to 1 970 units globally to mark the 1970 birth year of this iconic model, options include three heritage colours from Land Rover Special Vehicle Operations
* Evolution of the Range Rover: Watch the evolution of the Range Rover here
* Range Rover Fifty: View the Look Book for the Special Edition here

Range Rover celebrates 50 years of pioneering innovation, peerless refinement and unparalleled all-terrain capability with the introduction of the new Range Rover Fifty. The original luxury SUV has defined the market since 17 June 1970 and, five decades on, the Range Rover has evolved to become a family of desirable and capable luxury vehicles. Its compelling blend of design, refinement and engineering innovation has ensured its place as the benchmark for all luxury SUVs.

Over its 50 year lifespan, the Range Rover has achieved many world firsts and completed numerous impressive feats. It was the first SUV to feature a permanent 4WD system when it was launched, and in 1989 was the world's first 4x4 to be fitted with ABS anti-lock brakes. Later in 1992 it became the world's first 4x4 to be fitted with electronic traction control (ETC) and automatic electronic air suspension – ensuring the refined driving feel Range Rover is so famous for, both on and off-road. In 2012, the latest generation Range Rover became the world’s first SUV to feature an all-aluminium lightweight construction, making it lighter, stronger and more efficient.

It has crossed the notoriously impassable ‘Darien Gap,’ was the first vehicle to ever be displayed at the Louvre Museum in Paris, and has even won the Paris-Dakar rally – twice. No other vehicle combines the levels of luxury, comfort and sophistication with off-road capability and on-road performance like Range Rover.

With its clamshell bonnet, distinctive floating roof, split tailgate and trademark front fender vents, the Range Rover of today can still trace its roots back to the 1970 original. In its golden anniversary year it is now the most efficient, connected, luxurious and capable yet.

To celebrate 50 years of a motoring icon, the limited-run Range Rover Fifty will be restricted to just 1 970 vehicles globally, in recognition of the year the original Range Rover was launched.

Building on the luxuriously appointed Autobiography, the Range Rover Fifty features a number of bespoke exterior accents in Auric Atlas as well as two unique (22) inch wheels. The badging features a ‘Fifty’ script created personally by Prof Gerry McGovern OBE, Land Rover’s Chief Creative Officer, which will appear on the exterior of the vehicle and throughout the interior on the unique “1 of 1970” centre console commissioning plaque, headrests, dashboard and illuminated treadplates.

Prof Gerry McGovern OBE, Land Rover Chief Creative Officer, said: “In the world of luxury vehicles, the Range Rover has always stood apart as peerless and enduring.  Its unique and pioneering sensibilities together with an unrivalled engineering approach have been the intrinsic values which our customers have admired since the first of the breed was revealed in 1970.”

The Range Rover Fifty will be available in both standard and long wheelbase body designs with customers able to choose from four carefully curated exterior colours; Carpathian Grey, Rosello Red, Aruba, and Santorini Black. In extremely limited numbers, Land Rover Special Vehicle Operations is also offering the Range Rover Fifty in one of three Heritage exterior solid paints reproduced from the original Range Rover paint palette; Tuscan Blue, Bahama Gold and Davos White. A range of powertrain options will be available; petrol, diesel and even a plug-in hybrid P400e version.*

Now in its fourth generation with over a million sold in its lifetime, the Range Rover is the ultimate expression of luxury. It’s unmistakable, sophisticated design and class-leading all-terrain capability has ensured the Range Rover is as peerless and relevant today as it was in 1970.

THE RANGE ROVER FAMILY

After three decades at the top of the luxury SUV sector, the Range Rover became a family in 2005 with the launch of the Range Rover Sport, a vehicle which combines the luxury and capability of the larger Range Rover with a sporty and engaging driving character. In 2010, the compact Range Rover Evoque made its debut, aimed at a younger and more urban customer base. In 2017, the family grew once again with the introduction of the Range Rover Velar, filling the space between the Range Rover Sport and Range Rover Evoque. Taking its name from the first Range Rover prototypes, the Range Rover Velar broadened the Range Rover portfolio with a statement reductionist design and a technology-rich interior.

RANGE ROVER HISTORICAL OVERVIEW

Today marks 50 years since the first Range Rover was revealed, but the story goes back even further. During the mid 1960s, in a bid to revolutionise the growing 4x4 leisure market, the Rover car company's engineering chief for new vehicle projects, Charles Spencer 'Spen' King (nephew of the founders of Land Rover), hatched a plan to combine the comfort and on-road ability of a Rover saloon with the off-road ability of a Land Rover.

Development of the first (100) inch station wagon prototype began during the late 1960s, with the first model being released to the world’s media to critical acclaim in 1970. Its blend of ability – motorway cruising, off-roading, and even towing in style and comfort – ensured its instant popularity. The original Classic model was cited as an 'exemplary work of industrial design' when it became the first vehicle to be displayed at the world famous Louvre Museum in Paris in 1971.

The first generation Range Rover (1970-1996) was originally only available as a two door when it went on sale in 1970. During its 26 year lifespan the Classic continued to evolve with the introduction of the four-door model in 1981 and an automatic gearbox in 1982. The first diesel Range Rover arrived in 1986.

The second generation Range Rover known as the P38A arrived in 1994 and was instantly recognisable thanks to its familiar silhouette, floating roof, clamshell bonnet, practical split tailgate and continuous waistline; all of which continue to this day. The vehicle also displayed an even more luxurious interior without compromising on its on-road ability and off-road capability. It also featured enhanced height-adjustable suspension as well as a 2.5 l diesel and 3.9 and 4.6- l versions of the V8 petrol, providing greater performance than ever before.

The third generation Range Rover (2001-2012) delivered a wealth of improvements on all predecessors during its 11 year period. Engineering innovations included a stiffer monocoque body (replacing the traditional 4x4 ladder frame) and fully independent suspension with interconnected air springs (at the time nearly all 4x4s had rigid axles). The interiors of these vehicles were inspired by high-end yachts, fine furniture and first class airline seats, providing more space and luxury.

In 2012, the fourth generation and most recent Range Rover debuted. It was the first SUV to feature lightweight all-aluminium construction, saving 420 kg in weight compared to its predecessor. Featuring a wealth of new off-road innovations such as automatic Terrain Response™ 2 and All-Terrain Progress Control, it has evolved to include efficient new electrified Ingenium engines, a plug-in hybrid electric version and innovative infotainment and safety technologies.

For the last five years the Range Rover SVAutobiography has been at the pinnacle of the model line-up, with the most powerful and refined vehicles in Range Rover’s history.  Produced by Land Rover's Special Vehicle Operations division, customers can also choose from the Range Rover SVAutobiography and SVAutobiography Dynamic – which feature powerful V8 engines and finely crafted cabins.

Friday, September 2, 2011

PC sales to touch 12.71 million in 2012

The India PC market is expected to see sales (shipments) of 11.15 million units in calendar year 2011. An industry study by market intelligence firm CyberMedia Research expects sales to accelerate further by 14.0% in 2012, leading to sales of 12.71 million units.

The study points out that with nearly 10 million unit sales in 2010, the combined installed base of desktop and notebook personal computers in India is estimated to have crossed 52 million units as of December 31, 2010.

The current installed base of personal computers translates into one computer for every 25 Indians, doubling the per capita PC availability in just four years. It may be recalled that at the end of 2006 there was approximately one computer for every 50 Indians.

"The future growth of the India PC market will be driven by adoption of new form factors such as LED monitors in the commercial desktop space, netbooks, ultra lightweight notebooks and tablet computers in the portable space,” stated Anirban Banerjee, Associate Vice President, Research and Advisory Services, CyberMedia Research.

"These four form factors--desktops, ultra lightweight notebooks, netbooks and tablet computers--will co-exist, leveraging on the increase in reach and penetration of mobile broadband data services, content and 'apps'", Anirban further added.

The first tablet computer was launched in India in November 2010. Since then, the market saw a slew of launches from both MNC and Indian players. While models like Cisco's Cius and RIM’s Blackberry Playbook tablets are focused on the enterprise user segment, the Samsung Galaxy Tab and Reliance 3G Tab are focused on the consumer segment. (Reliance 3G Tab manufactured by ZTE, retails at Rs. 12,999 per unit).

CyberMedia Research expects tablets to become the new battleground as major MNC and India vendors and operators race to capture a share of this emerging market.

"As telecom carriers started offering 3G services in India since early 2011, the enhanced connect speeds are expected to boost usage of data services by subscribers. For tablets to become a common man's device, the data usage tariffs for 3G services need to be brought down even further.” Anirban stated.

The first half of 2011 witnessed subdued sales in the India PC market on account of lower off take by the government, public and private sector. Lower consumer demand too added to this.

This situation is expected to correct itself in the July-September 2011 quarter as the new academic year commences witnessing strong demand from the Education sector. Consumer buying is also expected to be higher in the July-December period of 2011 on account of 'festive' season buying. Demand from the domestic large and SMB enterprise segments is expected to remain healthy.

A 'wait-and-watch' buying sentiment may continue in the corporate sector due to the ongoing uncertain economic environment in the US, Europe and Japan.

The other major development with a likely impact on leadership of the PC market was HP's announcement on August 18/19 to spin off its PC business.

"HP's strategic rethink of spinning off its US$ 40 billion Personal Systems Group may be attributed to the rapid commoditisation of the PC business in absence of any major differentiator, in the last few years. While this trend impacted every player in the market, HP's PC division recorded a significantly lower operating margin compared to its other businesses in the year ended July 2011", stated Sumanta Mukherjee, Lead Analyst, Computing Products, IT Peripherals and Channels, CyberMedia Research.

"HP also failed to leverage its $1.2 billion acquisition of Palm in 2010. An unsuccessful attempt to promote devices based on WebOS not only denied HP a leadership position in the smartphones and the tablets markets, it also seems to have underlined the need for a strategic shift. Given this background and the fact that HP is still the global leader in the PC market, the call to spin off its PC business is a bold but necessary step in the right direction. It is likely to yield business benefits in the long run", Sumanta further added.

Impact on India PC Market:

While HP's top global brand status will likely mean 'business as usual' at the moment, the global announcement would definitely play on the minds of local partners. As a result, HP's India partners could adopt a cautious approach, which may not augur well for HP before the impending festive season that typically witnesses the highest consumer PC sales in the year.

"While the spoils can be shared among Acer, Dell, Lenovo and Sony, Dell is better suited to reap the most of this opportunity because of their greater exposure to the consumer space. In the long term, both Microsoft and AMD could be impacted, since HP has been a major partner for both the world's No.1 software company and the No. 2 PC processor vendor. Whatever happens, Personal Computers are unlikely to die out in India in a hurry", concluded Sumanta.


Friday, June 5, 2009

Is Wal-Mart set to hire over 22,000 people in US?

Retail giant Wal-Mart Stores will hire over 22,000 people this year, a move that will bring cheer to the country’s strained labour market grappling with rising unemployment woes. The retailer, which is one of the least unscathed entities amid the financial turmoil, would be recruiting people for its new and expanded stores nationwide. Wal-Mart has said it would “create more than 22,000 jobs in 2009 to staff new or expanded stores in the US”.

The company would be taking people for positions including store management, pharmacists, human resource managers, customer service associates, cashiers and sales associates. In a statement on Thursday, the retailer said it would create over 1,000 jobs in several individual states. Wal-Mart would generate nearly “1,300 jobs in Arizona; 1,000 jobs in California; 1,300 jobs in Florida; 1,500 jobs in Michigan; 1,200 jobs in New Jersey; 1,000 jobs in South Carolina; 1,200 jobs in Utah and 1,100 in Virginia,” it said.

Last october, Wal-Mart announced plans to open 142 to 157 new or expanded stores in the US. Eduardo Castro-Wright, who is vicechairman of Wal-Mart said the firm is proud to create quality jobs for thousands of Americans during this tough economic time.

“Job creation is just one way in which we’re working hard every day to help people across this country live better,” Castro-Wright noted.

Wal-Mart along with Indian business group Bharti opened their first store in India last week. The joint venture between Bharti Enterprises and Wal-Mart Stores Inc was inked in 2007.
Rattled by the raging economic crisis, the US has seen massive job losses in recent months and the official unemployment rate is well above 9%.

The jobless rate has been on the rise as companies have resorted to trimming their workforce as part of cost-cutting measures. US Federal Reserve chairman Ben S Bernanke on Wednesday said more number of jobs could be lost in the next few months. Wal-Mart has presence in many countries and employs more than 2.1 million associates worldwide.

Agencies

Thursday, May 7, 2009

Have computer sales dipped by 12%; As cos cut IT spends

Personal computer (PC) sales in India fell about 11.7% during the first quarter of the calendar year to about 2.1 million units as enterprises slowed down IT spending, according to research firm Gartner.

Both desktop PC and laptop sales declined about 11% during the period, as both large enterprises and small and medium businesses delayed their IT hardware purchases.

“Cost pressure seems to have kept away enterprises from spending on IT hardware during the first quarter of 2009, while there are signs of some turnaround in the consumer sentiment,” Gartner principal analyst Diptarup Chakraborti said.

Hewlett-Packard continued to lead India’s PC market, selling about 300,000 PCs in the quarter. The PC maker, however, saw an year-on-year decline in both desktop and laptop sales during the period. HCL Infosystems (200,000) and Dell (158,000) were ranked second and third, respectively. Acer was ranked fourth.

Gartner said it expects PC sales in India to decline 3.7% year-on-year to 8.98 million units this year. The firm had projected sales of 11 million units for the calendar year in the beginning of January, but the first quarter made it revise its projection downwards.

“Production of desktops and laptops has come to near a halt in manufacturing destinations such as Taiwan,” Mr Chakraborti said. PC makers say they saw some growth in new categories, such as netbooks and higher retail sales, in the first quarter but the good news is limited to the consumer space.

“Large enterprises and small and medium businesses are not buying. The e-government projects are also in a limbo with the Model Code of Conduct in place,” Acer India chief marketing officer S Rajendran said.

With the slowdown in enterprise spending, corporate buyers are expected to account for 69% of total PC sales in 2009, down from 71% last year.

The economic slowdown has resulted in a slump in PC sales across the globe. Worldwide PC shipments declined 6.5% in the first quarter of 2009 to 67.2 million units. As per Gartner, the decline could have been steeper but for low-priced laptops such as netbooks.

Agencies

Tuesday, April 28, 2009

Had Apple fired 1,600 from retail stores?

Apple has fired some 1,600 employees from its chain of retail stores due to slackening consumer demand, the Wall Street Journal reported Friday.

The job cuts were referenced in a securities filing by Apple Thursday in which the company said it had 14,000 full-time equivalent employees in its retail division as of March 28, down from the 15,600 as of the end of December.

The move came as Apple's recent earnings report showed a drop in sales for its Mac computer line, which is the biggest earner at the stores.

According to the earnings statement, the average revenue per Apple store fell about 17 percent to $5.9 million in the quarter, while the retail division's operating income was also down due to the "challenging consumer-spending environment," Apple said.

Agencies

Wednesday, March 18, 2009

Is Nokia set to cut 1,700 jobs globally?

Nokia Oyj, the world’s biggest maker of mobile phones, plans to cut 1,700 jobs globally by scaling back sales, marketing and some technology functions to adapt to falling consumer demand.

The company, based in Espoo, Finland, will start consultations with unions regarding the cutbacks, which are part of previously announced plans to adjust to a shrinking market, Nokia said in a statement today. Of the cuts, about 700 will be in Finland, spokeswoman Eija-Riitta Huovinen said by telephone.

“Nokia continues to seek savings in operational expenses, looking at all areas and activities across the company,” Nokia said in the release.

In January, Nokia said that it would slash its dividend for the first time in seven years and forecast a 10 percent slide in industry sales as the global crisis saps consumer demand. Nokia sold 15 percent fewer phones in the fourth quarter than a year earlier and cut its industry sales forecast for a third time since November.

Agencies

Thursday, February 12, 2009

Will General Motors layoff 10,000 salaried jobs?

General Motors Corp. said on Tuesday it will cut 10,000 salaried jobs, citing the need to restructure itself with a government deadline looming and amid some of the worst sales in the auto industry's history.

The Detroit-based automaker said it will reduce its total number of salaried workers to 63,000 from 73,000 this year. About 3,400 of GM's 29,500 salaried U.S. jobs are expected to be eliminated.

The company's statement said that the separations would be done through GM's severance plan, so there would be no buyout or early retirement packages as GM had offered in the past.

In its plan to Congress submitted late last year, GM said work force reductions would be necessary in order for it to be viable for the long term. Most of the cuts are expected to take place by May 1.

GM said the cuts will vary by global regions depending on staffing levels and market conditions.

In addition, GM said it will cut the pay of most of its salaried U.S. workers beginning May 1 and continuing at least through the end of the year at which time the pay cuts will be evaluated.

The pay of U.S. executive employees will be cut by 10 percent, while other salaried workers will see cuts of 3 percent to 7 percent, GM said.

GM faces a Feb. 17 deadline to present to the government a plan showing it can become viable. The plan is required by the terms of $9.4 billion in low-interest government loans to the wounded automaker, which is seeking another $4 billion from the Treasury Department.

The automaker is negotiating with bondholders and the United Auto Workers union for concessions and it is planning to close several factories. To prove its viability, it must show an ability to repay the loans and prove "positive net present value."

Agencies

Saturday, January 24, 2009

Harley to cut 1,100 jobs as profit falls

Harley-Davidson Inc said Friday it will cut 1,100 jobs over two years, close some facilities and consolidate others as it grapples with a slowdown in motorcycle sales.

The Milwaukee-based company also reported its fourth-quarter profit fell nearly 60 per cent, and said it is slashing motorcycle shipments in 2009 to cope with reduced demand.

The iconic motorcycle maker said it will consolidate two engine and transmission plants in Milwaukee into its facility in Menomonee Falls, Wis. It will shrink its paint and frame operations in its York, Pennsylvania, plant and close its distribution facility in Franklin, Wisconsin, whose duties will be handled by a third party.

Harley also said it will end its domestic transportation fleet operation.

The company said the cuts include 800 hourly production positions and 300 non-production, mostly salaried positions. It said 70 per cent of the job cuts will occur this year and the rest in 2010.

The cuts will result in one-time charges of $110 million to $140 million over 2009 and 2010, Harley said. Once they are finished, the cuts will save between $60 million and $70 million per year.

Harley has been stung by the rapid downturn in motorcycle demand. The economic recession has prompted many consumers to put off purchases of its high-end bikes, while the credit crunch has kept some would-be customers from obtaining financing.

Meanwhile, the company remains in the midst of a shake-up among top management. Chief Executive Jim Ziemer said last month he would retire in 2009, and the company remains in the process of finding a successor. Sy Naqvi, the head of Harley's troubled financial-services arm, resigned earlier this month. Chief Financial Officer Tom Bergmann has taken on Naqvi's old duties until a replacement is found.

Harley said worldwide retail sales fell 13.1 per cent in the fourth quarter, with sales in the U.S. _ its biggest market _ falling nearly 20 per cent. International sales crept higher, though, and the overall heavyweight motorcycle sales fell 25.5 per cent in the same period, Harley said.

For the full year, worldwide retail sales fell 7.1 per cent. Harley said it is slashing new motorcycle shipments in 2009 to between 264,000 and 273,000 to cope with the down market. That would be a drop of 10 per cent to 13 per cent from a year earlier.

In 2008, Harley said it shipped 303,479 new motorcycles, down 8 per cent from 330,619 new motorcycles in 2007.

Agencies

Friday, January 23, 2009

Apple logs record $10-bn sales; beats recession

Apple Inc rose as much as 6.8% in Nasdaq trading as holiday demand beat estimates last quarter, helping allay concerns the recession and the absence of Chief Executive Officer Steve Jobs will stymie growth.

Overseas demand for iPod players, Macintosh computers and iPhones offset a US slowdown and pushed quarterly sales past $10 bn for the first time, Apple said. Analysts had expected profit to drop for the first time in five years.

The cachet of Apple’s products helped the company maintain orders and command premium prices, even as the economy shrank, job losses swelled and consumer lending dried up. By updating models and pushing into new countries, Apple was able to shrug off the worst holiday shopping season in four decades. The company also is coping with the temporary loss of its CEO, who is giving up his day-to-day role until June to take a medical leave.

“It shows that people, even in a downturn, like Apple products and want to buy them,” said Andy Hargreaves, an analyst with Pacific Crest Securities in Portland, Oregon. He’s one of 25 analysts tracked by Bloomberg who recommend buying the shares.

First-quarter net income rose 1.5% to $1.61 bn, or $1.78 a share, from $1.58 bn, or $1.76, a year earlier, Apple said. Sales rose 5.8% to $10.2 bn in the period ended December 27. Analysts in a Bloomberg survey estimated profit of $1.39 a share and sales of $9.76 bn.

Analysts had predicted a drop in profit after sales at US retailers fell more than twice as much as forecast in December, the sixth straight month of declines. The US accounts for more than half of Apple’s revenue.

Agencies

Monday, January 19, 2009

Computer sales across Asia drop

Sales of computers in the Asia Pacific region outside Japan fell for the first time in a decade during the fourth quarter, as the global meltdown hit consumer spending, a study said on Monday.

Preliminary figures showed 17.2 million desktop computers and laptops were sold in the December quarter, down 14 per cent from the previous quarter and 5 per cent lower than a year ago, global market intelligence firm IDC said.

The figures marked the first year-on-year decline since the third quarter of 1998 when the region was grappling with the Asian financial crisis, it added.

"This quarter was quite a jaw-dropper" not just in China but also in India, said Bryan Ma, regional director for personal systems research with IDC.

"The clouds are darkening in 2009, although there might be some pockets of shelter in the region's public sector."

For 2008, struggling Chinese computer giant Lenovo was the region's number one vendor with market share of 18.3 percent, followed by US rival Hewlett Packard which had 14.1 per cent, and Dell at 9.1 per cent, IDC said.

Taiwanese computer firm Acer was fourth with market share of 7.5 per cent and China's Founder ranked fifth, with 4.0 per cent.

Agencies

Thursday, January 1, 2009

IBM in sales alliance with Japan's Ricoh

IBM and Japanese office equipment maker Ricoh Co Ltd will start sharing each other's sales network this year and promote their servers and printers together, the Nikkei business daily said on Thursday.

The alliance will enable them to offer corporate clients International Business Machines Corp's servers and Ricoh's copiers and printers as a comprehensive office information technology system, the Nikkei said.

Ricoh expects the new business ties with IBM to help boost its sales by 100 billion yen ($1.10 billion) in two to three years, the newspaper said.

The Tokyo-based company, which competes with Canon Inc, Xerox Corp and Konica Minolta Holdings in copiers and printers, forecast 2.15 trillion yen in sales for the current business year ending March.

IBM and Ricoh will start handling each other's products in their U.S. sales channels in spring 2009, with the cooperation set to expand to other regions including Europe and Asia eventually, the paper said.

Officials at Ricoh, which in 2007 bought IBM's digital commercial printer business for $725 million, were not immediately available for comment.

Digital commercial printers are used to print big documents such as product manuals and direct mail quickly and in large volumes, and are one of the fastest-growing segments of the office equipment market.

Source: Agencies

Saturday, December 20, 2008

Mobile phone sales set to slide in 2009!

An IDC report Says the impact of economic crisis on mobile phone market may not continue past 2009.

Technology research firm IDC said in a report that the global mobile phone sales are set to slide for the first time since 2001 as a result of the global economic crisis.

The report forecasts that total mobile phone volumes would be 1.9 per cent lower in 2009 than the 2008 levels, said a press release.

In 2001, the shipments had declined 2.3 per cent. Over the past several years, the mobile phone market has enjoyed double-digit annual growth due to an increased emphasis on emerging markets.

However, emerging market growth has been steadily slowing as these markets mature, the release said. IDC now expects worldwide growth to be just 7.1 per cent in 2008 before slipping into negative growth in 2009.

A number of major industry players, including component suppliers, handset makers, and operators have announced their concerns about handset volumes in 2009.

Most have indicated that they expect a year-over-year decrease due to the flagging global economy, the release added.

The report stated that it did not expect the downturn to continue past 2009, with the market in 2010 showing signs of revival as the economic recovery takes effect. "Converged mobile devices remain a much sought-after option for many consumers," noted Ramon Llamas, senior analyst, Mobile Devices Technology and Trends.

He added that users have come to realize what these devices can do beyond voice telephony, especially when it comes to running applications. In response, handset vendors have been building the product and applications portfolios to catch this wave of opportunity.

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