- Skoda Auto India
- Klaus Zellmer
- Johannes Neft
- Skoda Kylaq
- compact SUV
Skoda India Enters Sub-4-metre Segment With Kylaq SUV, Priced At INR 789,000
- by MT Bureau
- November 06, 2024
Skoda Auto India, one of the leading passenger vehicle manufacturers, has taken the wraps of the all-new Skoda Kylaq, the company’s third model developed locally for the Indian market. With prices starting at INR 789,000, this is the most affordable Skoda car currently available in the market.
This also marks the Czech brand’s first model in the popular sub-4-metre segment, which at present accounts for nearly 50 percent of sales in the Indian car market. The Kylaq C-SUV is the first model in India to feature Skoda’s new Modern Solid design language.
Klaus Zellmer, CEO, Skoda Auto, said, “The Skoda Kylaq is our first sub-4-metre SUV, designed in India and for India as a new entry point to our brand. India is key to our internationalisation plans, the world’s third-largest car market, and SUVs make up 50 percent of new vehicle sales. We want the Kylaq to welcome new customers who are looking in this popular and fast-growing segment. Adding to its appeal, the Kylaq marks the debut in India of our Modern Solid design language, with new visual accents.”
The Kylaq features 189mm of ground clearance, is 3,995mm long, 1,783mm wide and is 1,619mm tall with a 2,566mm wheelbase.
The 1.0 TSI engine produces 178Nm of torque and delivers 85 kW of power. The compact SUV can be had with a six-speed manual or automatic transmission. It has a claimed top speed of 188kmph and can go from zero to 100kph in 10.5 seconds.
Johannes Neft, Skoda Auto Board Member for Technical Development, said, “The Skoda Kylaq is our third offering based on the MQB-A0-IN platform, developed by our teams in India with comprehensive support by our colleagues in the Czech Republic for Indian customers. From the outset, this platform was designed to accommodate a sub-4-metre car like the Kylaq. This SUV is built on four key pillars: comfort, quality, global design language, and safety. That’s why the Kylaq has been rigorously tested across varied terrains, altitudes, and weather conditions. It will lead our presence in India’s fastest-growing and most competitive segment.”
The Kylaq gets over 25 active and passive safety features as standard including six airbags, multi-collision brake, roll over protection, motor slip regulation, electronic differential lock, XDS+, anti-lock brakes, electronic brake force distribution, and electronic stability control, among others. Select variants come equipped with over 35 safety features, such as cornering lights, automatic headlights and wipers, Hill Hold Control, and tyre pressure monitoring system (TPMS).
In terms of space, the five-seater compact SUV has 446 litres of storage, which can be expanded to 1,265 litres with the rear seats folded.
On the inside, it features 10.1-inch infotainment display, which gets Android Auto and Apple CarPlay along with wireless charging support. The driver also gets a 8-inch digital cockpit that provides plenty of information.
Skoda India claims that the Kylaq has been tested for more than 800,000km of Indian terrain, including altitude test, temperature test and rigorous weather and water testing.
Piyush Arora, MD and CEO, Skoda Auto Volkswagen India, said, “Today is another important milestone in our India journey with the World Premiere of the Skoda Kylaq. Kylaq has generated tremendous excitement and buzz through 2024. And I’m extremely proud to unveil the Skoda Kylaq to India and to the world. With its high levels of localisation, unmatched driving dynamics and uncompromising safety, Kylaq will make a significant impact in the market.”
Oliver Stefani, Head of Skoda Design, said, “With the new Kylaq, our Skoda Design team has preserved and re-interpreted key Skoda design elements, combining them with new ideas and visual accents. It is one of the hallmarks of our new Modern Solid design language, ushering in a new era for design in a car that ushers in a New Era for us in India. Modern solid stands for solidity, functionality and authenticity while conveying a sense of safety and strength. The Skoda Kylaq, with its distinctive shape, minimalist and clean looks and functional features like a high ground clearance is a perfect embodiment of our new design approach to customers in India.”
Petr Janeba, Brand Director, Skoda Auto India, shared, “The Kylaq has literally hit the ground running and is going to be powering our growth in India over the next few years. It is the beginning of a new era for us in India. We are aware we are entering what is currently the most competitive segment in India. And are confident the Kylaq has what it takes to make an impact with its safety and driving dynamics. Moreover, the Kylaq boasts some segment-leading features like a six-way front electric seat adjustment with seat ventilation, and a class-leading 446 litres of boot space. The Kylaq continues with our India-focussed product line-up following the Kushaq and Slavia and will further our goal of entering newer markets and bringing new customers into the Skoda family. We believe we have stuck to our promise of accessible pricing of the Kylaq and look forward to ensure it democratises European technology in India. It is a compact car but is larger than life. And that’s the reason we premiere it via a motion picture premiere like never before.”
- State Bank of India
- SBI
- Uber
- Vehicle Finance
- Ride-Hailing Industry
SBI Collaborates With Uber To Offer Affordable Finance To Fleet Partners
- by MT Bureau
- November 22, 2024
State Bank of India (SBI) has entered into a strategic partnership with Uber to offer low-cost, tailored financing solutions as well as hassle-free loan disbursement to Uber’s fleet partners.
Both new and current Uber fleet partners will benefit from the partnership, which will enable them to easily grow their businesses and support the continued expansion of the ride-hailing sector in India. Easy loan disbursement will be made possible by the integration, assisting fleets in maintaining peak performance. The partnership guarantees that fleet partners can effectively manage their money and grow their businesses more quickly by utilising SBI's vast financial services network and Uber's technologies.
Vinay M Tonse, MD (Retail Business & Operations), SBI, said, “At SBI, we are committed to offering innovative financial products that support businesses across India. Our partnership with Uber highlights our focus on providing tailored solutions to a diverse set of customers. By offering affordable financing solutions to Uber fleet partners, we are helping to fuel the growth of the ridesharing sector while also ensuring that fleet owners have access to the capital they need to succeed.”
Prabhjeet Singh, President, Uber India & South Asia, said, “This partnership reinforces Uber’s commitment to its fleet partners and aligns with our vision of fostering growth in India’s ride sharing ecosystem. By providing affordable loans through SBI’s customised offerings, we aim to create an enabling environment that provides fleet partners with the tools they need to scale effectively and contribute to the overall development of the industry.”
- Toyota Kirloskar Motor
- Toyota India
- Sabari Manohar
- Toyota Innova HyCross
- hybrid
- electric vehicle
Toyota Innova HyCross Surpasses 100,000 Unit Sales Milestone
- by MT Bureau
- November 22, 2024
Toyota Kirloskar Motor, one of the leading passenger vehicle manufacturers, has attained a new wholesales milestone for its Innoa HyCross SUV.
Launched in November 2022, the Innova HyCross has crossed 100,000 unit sales milestone in India. The Innova HyCross is powered by the 5th Generation self-charging strong hybrid electric system and comes with a 2.0-litre 4-cylinder petrol engine and an e-drive sequential shift delivering 137 kW (186 PS) of power.
The hybrid system the company claims enables the Innova HyCross to operate 60 percent of the time in electric (EV) mode. The 2.0-litre petrol engine paired with a direct shift CVT in select variants, delivers 129 kW (174 PS) of power.
Sabari Manohar, Vice-President, Sales-Service-Used Car Business, Toyota Kirloskar Motor, said, “We are thrilled to share that the Innova HyCross has achieved milestone of 100,000 units. Heartfelt thanks to our customers for their trust and support as we continue to drive unparalleled mobility experiences. The hybrid technology option in the Innova HyCross continues to impress customers with its exceptional performance and remarkable mileage. Beyond efficiency, the HyCross strikes an ideal balance of space and luxury, making it a practical choice tailored to a family’s diverse needs. Its superior handling, unparalleled comfort, and top-notch safety features further amplify its appeal. Combined with Toyota’s trusted service standards, the Innova HyCross delivers a holistic ownership experience that resonates deeply with its growing base of satisfied customers.”
- 1934 Rolls-Royce 20/25 Limousine
- 1946 Singer Nine Roadster
- 1946 Bentley Mark VI
- 1947 Lincoln Continental V12 Convertible
- 948 Jaguar Mark IV
- AstaGuru
Iconic Vintage Cars Take Centre Stage at AstaGuru’s Upcoming ‘Classics of Motoring’ Auction
- by Rommel Albuquerque
- November 19, 2024
AstaGuru will showcase some of the world’s most coveted vintage and classic cars at its upcoming ‘Classics of Motoring’ auction, which will take place from 20 to 22 November 2024.
The auction will offer an exclusive collection of rare and meticulously curated vintage cars, providing a unique opportunity for collectors and automotive enthusiasts to acquire iconic pieces of automotive history.
The auction will feature an impressive lineup of vehicles, including a 1934 Rolls-Royce 20/25 Limousine, a 1946 Singer Nine Roadster, a 1946 Bentley Mark VI, a 1947 Lincoln Continental V12 Convertible and a 1948 Jaguar Mark IV, among others. These stunning machines, each a testament to the engineering marvels of their era, promise to transport bidders back in time, celebrating the golden age of motoring.
A Growing Market in India
AstaGuru’s Vintage and Classic Car Specialist, Muzammil Kazi, shared his insights on the evolution of the vintage car market in India. “We did our first auction in 2018, and it was a surprising success,” Kazi noted. “At the time, these cars weren’t available online or marketed in the way they are now. You’d have to go to a dealer or connect with a seller directly, which made it hard to find these rare cars. But our first auction was a hit, with all lots selling successfully.”
The vintage car market in India, according to Kazi, is far from saturated. “The market is 100 percent growing. These cars were imported to India in limited quantities, and you wouldn’t find brands like Ford or General Motors here in the same way as abroad. Cars like the Fiat, Ambassador, or old Maruti SS80 were more common, but the rare vintage gems we are showcasing today are difficult to find.”
Kazi also emphasised that the scarcity of such cars means the market still has significant potential for growth. “The cars we have on display today are curated from various collectors across India, and it’s very rare to see them come together in one auction,” he explained.
Safeguarding Online Bidders
AstaGuru’s online auction platform also ensures that bidders are fully protected throughout the process. “We have a strong set of terms and conditions for the cars we sell,” Kazi explained. “We only auction cars with up-to-date paperwork and in proper running condition. Once a car is sold, we ensure the buyer receives it only after the seller submits a No Objection Certificate (NOC), making the transaction smooth and secure.”
Record-Breaking Bids
The auction has seen some impressive bids in the past. Kazi highlighted one of the highest bids to date: a Mercedes-Benz 111 230S, which was estimated at INR 2.1 million but eventually sold for INR 6.8 million. Another standout was a Rolls-Royce, which had an estimated value of INR 7-8 million but sold for a remarkable INR 18 million.
A Rare Opportunity for Collectors
For classic car enthusiasts and connoisseurs, the ‘Classics of Motoring’ auction represents an unmissable opportunity to acquire some of the rarest and most beautifully restored vehicles in the world. With its rich history and pedigree, each car in the auction is a testament to the artistry and engineering excellence that defined its era. Whether a seasoned collector or a newcomer to the world of vintage automobiles, this event promises a truly memorable experience for all involved.
As the vintage car market continues to grow in India, AstaGuru is setting the stage for an exciting future for collectors and car lovers alike. The ‘Classics of Motoring’ auction is expected to draw attention from around the world, offering a rare chance to own a piece of automotive history.
- Jaguar
- Tata Motors
- Copy Nothing
- Sir William Lyons
- Professor Gerry McGovern OBE
- Miami Art Week
- Rawdon Glover
Jaguar Unveils New Brand Identity
- by MT Bureau
- November 19, 2024
Tata Motors-owned British luxury car brand Jaguar has unveiled its new brand identity, which it says recaptures an ethos to Copy Nothing that traces its roots back to the words of its founder, Sir William Lyons.
The new identify is based on Exuberant Modernism, a creative philosophy, which the company says underpins all aspects of the new Jaguar brand world.
Professor Gerry McGovern OBE, Chief Creative Officer, Jaguar, said, “Jaguar has its roots in originality. Sir William Lyons, our founder, believed that ‘A Jaguar should be a copy of nothing’. Our vision for Jaguar today is informed by this philosophy. New Jaguar is a brand built around Exuberant Modernism. It is imaginative, bold and artistic at every touchpoint. It is unique and fearless. This is a reimagining that recaptures the essence of Jaguar, returning it to the values that once made it so loved, but making it relevant for a contemporary audience. We are creating Jaguar for the future, restoring its status as a brand that enriches the lives of our clients and the Jaguar community.”
The four symbols of change – Device Mark, Strikethrough, Exuberant Colours and Makers Marks - each representing the future design philosophy for the luxury carmaker.
Device Mark celebrates modernism through the geometric form, symmetry and simplicity.
Strikethrough sees the linear graphic generate a unique presence and an immediately recognisable visual for Jaguar.
The Exuberant use of colours marks a cornerstone of Jaguar’s new brand identity.
Makers Mark consists of the newly reimagined Jaguar ‘leaper’, which the luxury brand said is part of its mark of provenance.
On 2 December 2024, Jaguar will present its first global public installation under its new brand philosophy at the Miami Art Week.
Rawdon Glover, Managing Director, Jaguar, said, “To bring back such a globally renowned brand we had to be fearless. Jaguar was always at its best when challenging convention. That ethos is seen in our new brand identity today and will be further revealed over the coming months. This is a complete reset. Jaguar is transformed to reclaim its originality and inspire a new generation. I am excited for the world to finally see Jaguar.”
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