TVS Scooty Wimbledon Series TV Commercial…
Sunday, November 30th, 2008
TVS Scooty Wimbledon Series TV Commercial…
Auto Industry Updates and Reviews
TVS Scooty Wimbledon Series TV Commercial…
Maruti Suzuki India has decided to rename the Splash as Ritz for India. The name change is because of registration problem as Splash has been already registered by some other manufacturer.
Maruti Suzuki India has decided to rename the Splash as Ritz for India. The name change is because of registration problem as Splash has been already registered by some other manufacturer. It will be 4th new model for the Maruti Suzuki after the launch of Swift, Grand Vitara and SX4. Maruti is going to launch the Ritz in April with 2 engine options in the price range between 4 to 5 lakhs.
Maruti Suzuki India has decided to rename the Splash as Ritz for India. The name change is because of registration problem as Splash has been already registered by some other manufacturer.
It will be 4th new model for the Maruti Suzuki after the launch of Swift, Grand Vitara and SX4. Maruti is going to launch the Ritz in April with 2 engine options in the price range between 4 to 5 lakhs.
Bajaj Auto Finance Limited has launched a unique financing scheme for its models. The company not only finances its two-wheelers but also extend free warranty on every Bajaj motorcycle. Bajaj Auto Finance aims to bridge the gap between the customers and lack of lenders in the market.
The extended warranty comes as an extra bonus to lure the customers to buy Bajaj vehicles. “For a loan of 36 months tenor the free extended warranty offered by Bajaj Auto Finance extends for the entire 36 months. The customer therefore needs to only ensure timely payment of EMI’s while Bajaj Auto Finance largely takes care of the cost of vehicle maintenance,” said K Srinivas, Vice President (Retail Finance).
The study, which measures problems customers’ experience with their new vehicles during the first two to six months of ownership, examines more than 200 problem symptoms covering eight vehicle components. These components, listed in order of frequency of reported problems, include: engine and transmission; vehicle exterior; driving experience; HVAC; features, controls and displays; vehicle interior; seats and audio, entertainment and navigation.
Overall quality performance is determined by the problems experienced per 100 vehicles (PP100), with a lower score reflecting higher quality. Three Honda models rank highest in their respective segments: The Honda CRV (33 PP100) ranks highest in the SUV segment for the second consecutive year. The Honda City (68 PP100) and Civic (78 PP100) also improve considerably from 2007, to rank highest in the midsize and premium midsize segments, respectively, in 2008.
The Chevrolet Spark ranks highest in the compact car segment with a score of 148 PP100, while the Chevrolet UVA ranks highest in the premium compact segment in 2008, with a score of 102 PP100. In the entry midsize segment, the Maruti Swift DZire ranks highest with 166 PP100. In the MUV/MPV segment, the Toyota Innova (98 PP100) ranks highest for the second consecutive year.
‘Improvement in initial quality is a must if manufacturers are to earn trust and acceptance from customers, which is in turn essential in gaining market share,’ said Mohit Arora, senior director at J.D. Power and Associates, Singapore. ‘Honda has performed consistently well in initial quality in the past, and the brand’s improvements in 2008 reflect its renewed commitment to providing particularly high levels of initial quality.’
Overall initial quality in India averages 187 PP100 in 2008, down 14 points from 2007. Problems related to engines and transmissions are reported most frequently by customers, followed by problems related to vehicle exterior and driving experience. Excessive fuel consumption continues to be the problem most frequently reported by customers.
‘Occurrence of problems, particularly during the initial ownership period, leads not only to increased dissatisfaction, but also to lower levels of customer loyalty and advocacy,’ said Arora. ‘Customers who report an initial quality problem are much less likely to repurchase or recommend the same make, compared with those who do not report experiencing a problem. Loyalty and advocacy intentions decline by 18 and 22 percentage points, respectively, among customers who report experiencing problems during the initial ownership period.’
[Via: indiaautomotive]