The Fortuner has been a significant player in the segment with over 53 percent share. The company officials hope that the new avatar of Fortuner and the new Legender will help build upon its strengths and further improve the company’s market share in this segment. But Naveen Soni, Senior Vice President, TKM, puts it differently. He says the company has always been trying to go beyond the customer’s expectations and get more and more customers through that process.

Yoshiki Konishi, Chief Engineer, Toyota Motor Corporation, is confident that both the models will enthral customers and help the company get good numbers. “The new Fortuner is born out of our understanding of customer feedback. The idea was to enhance the toughness of the vehicle and give it a powerful presence and distinctiveness like no other.”

Konishi said, there were several inputs received from India for the development of the Legender and many of them incorporated in these vehicles. He said he visited India number of times and the two words he assimilated deeper were sophistication and exclusivity. Taking a cue from the vehicles’ design and development journey, he said these inputs made the team introduce new LED headlamps and created a futuristic image. “We also introduced kick-sensor and wireless smartphone charger. These features are good for the customer,” he said.

The grill has been enlarged, and the bumper’s side has been sculpted in the pontoon shape. These changes heighten the commanding identity of the new Fortuner. The sleek and the stylish design of the headlamp, the rear combination lamp and the alloy wheels give it a luxurious look. The addition of the skid-plate has amplified its tough looks. The new Split Rear Combi-Lamps give it a unique night time look that is hard to miss.

LED headlamps of the new Fortuner have a distinctive sharp design line guide added to give a unique signature to the vehicle along with crystal clear vision. Additionally, the dual-functional DRLs add to the style quotient and magnetic attention. The split rear combi lamps give it unique nighttime, that’s hard to miss. The multi-spoke alloy wheels, along with chrome metallic finish create a premium and robust presence.

“Our enhancements were more than just skin deep; we have also upgraded the engine by introducing a new heavy-duty Turbo, designed for powerful performance, and improved frictional efficiency. As a result, the Fortuner automatic now puts out 500Nm of torque, making it the best in the segment,” Konishi said.

The Fortuner is designed for leisure traveller and a lifestyle seeker. To suit his demanding tastes, the vehicle comes with several connected features. The 11-speaker premium JBL audio system with subwoofer will further enhance the drive experience with an epic acoustic output. The suction based seat ventilation system (front row) helps keep the driver and co-passenger comfortable. Instead of blower used in the conventional method, the pores in the seats suck the air from the cabin, thereby taking away the heat, making it well-suited for long journeys.

For added driving comfort and convenience, the new Fortuner comes with Auto Limited Slip Differential (Auto- LSD) that enables maximum power without breaking traction, Variable Flow Control (VFC) Power Steering that allows customers to dynamically change steering dynamics with drive modes [Eco, Normal, Sport] and Front Clearance Sonar to safely navigate when parking in tight spaces.

The 4X4 (AT and MT) variants enhance their off-road credentials with a Lockable Differential as an additional feature to ensure a firm footing when navigating in extreme terrains. In addition, it also has Downhill Assist Control, Active Traction Control (A-TRC), Auto Limited Slip Differential and Electronic Drive Control.

The new Fortuner will be available in existing colours of Phantom Brown, Super White, Attitude Black, Avant-Garde Bronze, Grey Metallic, Silver Metallic, Pearl White Crystal Shine and a new colour of Sparkling Black Crystal Shine.

TKM also unveiled the Legender with diesel powertrain and available only in Pearl White with Black roof (Dual-tone) colour. An essential addition to the new Fortuner & Legender is connected technology that enables features like Geo-fencing, Real-time tracking, last parked location for peace of mind. The infotainment system also comes with Android Auto/Apple Carplay connectivity to provide more convenience.

Powertrain

As the SUV fans also look for performance, the company has made significant changes to the powertrain by introducing a new heavy-duty turbo engine and improving frictional efficiency. These initiatives resulted in delivering torque that is best in the segment. The new Fortuner is available in 2.8 L diesel engine with 6-speed automatic and 6-speed manual transmission with Intelligent Manual Transmission options and 2.7 L petrol engine in 6-speed automatic and 5-speed manual transmission. The Fortuner Automatic Transmission variants provide 500 Nm torque and 204 PS of power while Manual Transmission variants generate 204 PS of power and 420 Nm torque.

The performance upgrades are on the engine and on drivability by incorporating variable flow control to the power steering. It gives twin benefits; it makes the steering lighter at low speed in city traffic condition while it becomes heavier at a higher speed while cruising on the highway. Also, the steering dynamics now change with the drive modes such as Eco / Normal / Sport enabling to adapt according to the chosen drive mode intelligently. As the Fortuner has been the go-anywhere SUV and favourite amongst off-road fans, the 4X4 capability of the new model is now enhanced with the lockable differential which allows it to go over various extreme terrains and ensure a firm footing.

Legenders

With its philosophy to cater to customers’ expectations, the company has introduced Legender crafted for India. “For the Legender, we have brought in a sense of exclusivity in the design language and style. The bold proportions and advanced features make it look cooler and modernised, giving it a true premium stance and outlook. We are confident customers will appreciate the tweaks we have introduced specifically for the Indian market,” Konishi added.

The bold proportions result from initiatives that the company has taken to demonstrate clear differentiation, making the SUV cooler and futuristic. The sharp nose creates a robust forward movement which emphasises a sleek and cool upper body. The shape is modernised by the large pontoon style fog lamps and other style elements. The split quad LEDs with a waterfall led line guide signature that helps turn the darkest of nights filled with brightness. The Legenders comes with a black roof that lends an exclusive two-tone look.

Masakazu Yoshimura, Managing Director, TKM said, “For more than a decade, the Fortuner has proven itself to be the most dependable SUV becoming the top-most choice for customers across every corner of the country. The Fortuner witnessed demand despite the effects of the pandemic on the economy. I am confident the new Fortuner and exclusive new Legender with their bold styling, advanced features and rugged frame structure will offer value, versatility and superiority attracting many existing customers to upgrade while bringing in a new set of customers to the Toyota family”. (MT)

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, 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 5^th 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.”

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.

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.”