Technics Today.com

-  To increase finance options for its customers

HMIL signs Mou with United Bank of India

Hyundai Motor India Ltd. (HMIL), the second largest car manufacturer and the largest passenger car exporter, in a bid to provide convenient finance options for its customers, signed a Memorandum of Understanding (MoU) with the United Bank of India (UBI), a premier public sector bank. The MoU was signed by Mr. Arvind Saxena, Director, Marketing & Sales, HMIL and Mr. R. K. Mohanty- General Manager (Retail Banking, HRD, Planning, Resources & Research.

UBI, with its headquarters in Kolkata, has 1,558 branches and more than 300 ATMs across the country. It offers vast and varied services to ensure seamless banking for its customers. This strategic alliance will help both the partners to leverage their individual strengths and reach out to a wider market and make auto loans available for prospective car owners on user-friendly terms.

Speaking on the occasion, Mr. Arvind Saxena, Director, Marketing and Sales, HMIL, said, “We are pleased to announce this partnership with United Bank of India as our customers will greatly benefit with the competitive rates and convenient locations that the bank provides. As we are rapidly increasing our sales network this tie up will further help us to reach our customers and increase our reach both in terms of our products and the finance option as well. We are confident that this effort will help us reach out to a wider consumer base with better and easier finance options.”

Under the agreement, both Hyundai Motor India dealers and the bank branches will source Hyundai Motor India car loan business using their customer database. The tie-up is extended to cover financing options by all the branches of the bank in India. Both the partners will utilize and leverage each other’s strengths to cross sell Hyundai vehicles and the bank’s car loans and schemes.

HMIL currently has a 293 strong dealer network and 580 strong service points across India, which will see further expansion in 2010.

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Chinese OEM continues long relationship with Allison; global bus fleets to get the latest Shift Energy Management (SEM) function for higher ratings with superior durability and economy

Bonluck's JXK6145 Tour Coach

The Jiangxi Kama Business Bus Co. Ltd. (Bonluck Bus) has become the first manufacturer to equip a bus with Allison’s new T390R transmission. Bonluck’s JXK6126 12.6 metre, 47 seat coach benefits from Shift Energy Management (SEM) – a new programme that dynamically manages torque through the transmission to increase durability and offer higher ratings capability. The T390R is the latest in a broad range of Allison transmissions supplied to Bonluck buses and coaches and reflects a long term strategic partnership between the two companies. Allison and Bonluck have cooperated in joint market development activities within China and overseas since Bonluck’s inception in 2007.

World class transmissions support global expansion : Bonluck buses are sold in the domestic market and exported globally where they are particularly popular among Australian fleets. Allison’s T270R transmission was selected initially for the Bonluck JXK6830 school bus, then the cooperation extended to 9.6m buses. Today Allison’s Torqmatic Series transmissions populate the full range of Bonluck buses between 8.3 and 14.5 metres. Among the range, the JXK6110 coach, equipped with the Allison T325R transmission, is widely recognised for its outstanding powertrain performance, high fuel efficiency and environmental credentials. It has been exported to many countries including Australia and New Zealand and is becoming increasingly popular with the passenger transport and tourism markets.

Complementing the adoption of the new T390R by Bonluck is a further new release – the Allison T450R transmission into the new JXK6145 coach – was announced at the recent Busworld Asia show (May 6, 2010). The longest (by almost a metre) single unit luxury tour coach in China produces an output of 500 hp and torque of 2100 Nm. “The safety, durability, and passengers comfort provided by Allison’s automatic transmission make it undoubtedly the best choice for the JXK6145 tour coach and intercity bus,” says general manager of Bonluck, Zhang Fucheng.

T390R showcases the latest transmission technologies : The Bonluck JXK6126 with the new T390R transmission produces 380 hp and torque of 1650 Nm; a 200Nm increase in input torque ratings compared to the T375 and T375R models. In addition to Auto-Neutral, Load Based Shift Scheduling (LBSS), and Allison’s prognostic features, the Shift Energy Management (SEM) function makes the best use of LBSS to ensure the optimum operation of the Vehicle Acceleration Control (VAC) and Super Economic Shift Scheduling (SESS). To support a continuing trend for ever increasing engine power and torque, SEM seamlessly modulates the engine torque before the shift is engaged. Clutch energy and thus temperatures are lowered, increasing durability and offering higher ratings capability without increasing the size of the transmission.

“Bonluck and its customers appreciate that Allison is consistently providing high quality transmission and effective aftersales services. At the moment, Allison automatic transmissions are fitted to the majority of our exports to Australia. It shows the profound cooperation between us,” concludes Fucheng.

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Govt. of Tamil Nadu honours Hyundai Motor India for CSR activities HMIL receives ‘Corporate Social Responsibility Award 2009-10’

Corporate Social Responsibility Award 2009-10

Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter, has been awarded the prestigious ‘Corporate Social Responsibility Award’ as the ‘Best Commercial and Industrial Institution’ for the year 2009-10.

The prestigious award, instituted by the Government of Tamil Nadu in 2008, aims to recognize and appreciate yeoman service in socio-economic welfare activities. Mr. R. Sethuraman and Mr. T. M. Kumar, Trustees of the Hyundai Motor India Foundation, received the award from Hon’ble Deputy Chief Minister of Tamil Nadu Shri. M.K Stalin, at a function held in Chennai. The award carries a certificate of appreciation and a cash award of Rs. 5 lakh.

HMIL was felicitated for its CSR activities, carried out through its philanthropic arm – the Hyundai Motor India Foundation (HMIF), in the areas of community development, education, road safety, and preservation of art, culture and heritage.

Speaking on the occasion, Mr. H.W. Park, MD and CEO, HMIL, said, “We are highly encouraged by this recognition, which will reinforce our commitment to giving something back to the society that drives our sustenance. Commitment towards social responsibility is firmly rooted in our philosophy. We have been involved with communities around Sriperumbedur but we will now look forward to expanding our CSR footprint and it will be our endeavour to continue with community development activities in the future as well.”

Popularity: 2% [?]

Mercedes Benz

Mercedes-Benz redefines leadership with the launch of the SLS AMG in India!

* Dr. Wilfried Aulbur, Managing Director and CEO of Mercedes-Benz India: “The SLS represents the true spirit of our brand: It is “The Best or Nothing” in terms of emotion, design, racing exhilaration, path braking motorsports technology, while at the same time offering Mercedes-Benz quality, safety, and functionality. We are excited to launch the vehicle in India just a few weeks after the start of production of RHD vehicles in Germany.”
* India is amongst the first right hand drive markets to launch the Gullwing super sports car within the first few weeks of its production (first RHD production : June 2010)
* Since its presentation in January 2010, the SLS AMG has already achieved 10 confirmed customer bookings from India

Mercedes-Benz today launched its flagship super sports car for the Indian market: the SLS AMG. The statement from the global CEO of Mercedes-AMG GmbH, Mr. Ola Kaellenius, encapsulated his aspirations for the product, “Today India joins the elite ranks of the first few RHD markets globally to launch this mean machine. Given the strong demand for this car, I assure you that it is really a very strong and positive statement and shows the esteem that India as a market holds for us.”

The SLS AMG has captivated people all across the world with its purist design, intelligent lightweight construction and superior handling dynamics. It is the first independently developed vehicle by AMG in its illustrious history spanning over 40 years. It not only takes AMG, the performance brand within Mercedes-Benz Cars, into a new era, but also demonstrates development expertise of the very highest order.

Dr. Wilfried Aulbur, Managing Director and CEO of Mercedes-Benz India commented: “The SLS AMG represents the true spirit of our brand- ‘The Best or Nothing’! It embodies passion, performance, design, technology and engineering excellence- values that make us one of the most exciting brands in the world, today.”

The innovative, puristic sports car design on the exterior complemented by the puristic , aviation inspired interior designs create a cutting edge , exclusive piece of art with superior driving dynamics due to the modified AMG 6.3 – litre V8 front mid-engine, the AMG SPEEDSHIFT DCT 7-speed sports transmission , the AMG speed-sensitive sports steering and the light yet rigid aluminium space frame. With a solid body structure, AMG high- performance composite braking system, 3-stage ESP and other inventions this car exhilarates automotive enthusiasts while not compromising on the basic qualities of Mercedes: Quality, Safety, Reliability and Exclusiveness. The SLS AMG’s dry sump lubrication allows the car to do a 360 degree rotation while running showcased in the SLS Michael Schumacher film.

Additionally the SLS satisfies the desires of the most elite customers by offering a range of customization opportunities via the AMG Performance Studio.

The first Mercedes ever was a very successful race car, with the SLS AMG Mercedes-Benz AMG is leveraging its motor racing experience fully for customers and takes their driving experience to the next level!

Mercedes-Benz SLS AMG also wins over the hearts in the F1 circuits where it is the Official F1™ Safety Car. This vehicle is deployed whenever hazardous situations such as accidents or bad weather endanger normal racing thereby ensure maximum safety in Formula 1 circuit. All Mercedes and AMG fans have been excited seeing the gullwing model together with the new Mercedes GP Petronas Team at the F1 circuits.

The SLS AMG was first presented in India during the Auto Expo 2010 at New Delhi. The response to the car from customers and aficionados in India has been overwhelming… just like in every other place in the world. Mercedes-Benz India has indicated about 10 confirmed bookings for this car received until June 2010.

Popularity: 1% [?]