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The Fair Trade Commission raided BMW Japan Corp. on Wednesday for allegedly imposing unreasonable sales quotas on its distributors and making them buy vehicles when they missed the targets.The alleged unfair practice was apparently induced by fierce competition from Mercedes-Benz and other rivals in the imported vehicle market.Distributors registered BMW vehicles they purchased under their names and sold them in the used car market afterward.
Michelin, Continental and Smag create a joint-venture to develop Rubberway®, the smartphone application designed to map sustainability practices across the natural rubber industry Rubberway® is designed in compliance with the objectives of the Global Platform for Sustainable Natural Rubber (GPSNR). The joint venture is due to begin business before the end of 2019 (subject to… Continue reading Michelin, Continental and Smag create a joint-venture to develop Rubberway®, the smartphone application designed to map sustainability practices across the natural rubber industry
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“E-fuel ready” with MAHLE components
Stuttgart/Germany, September 12, 2019 – Alternative fuels from regenerative sources offer substantial potential for reducing transportation-related CO2 emissions. MAHLE is therefore concertedly investigating the compatibility of its engine components and filters with the use of various e-fuels. The results show that many of the MAHLE materials and components that have been tested so far are “e-fuel ready.”
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Press release [PDF; 243 KB] MAHLE tests its engine components and filters for compatibility with e-fuelsMAHLE is thus paving the way for CO2 savings with the use of regenerative fuelsMAHLE is examining the resistance of components and materials when using fuel blends with e-fuels that can be admixed under current fuel standards as well as alternatives such as oxymethylene ether (OME) for heavy-duty commercial vehicles, dimethyl carbonate (DMC) for passenger cars, or methane (CH4) as a gaseous alternative.
Admixtures within the current fuel standards are especially promising due to their backward compatibility, as they include the existing global car population in CO2 reduction. The resulting lever is greater by a factor of about 20, given sufficient availability of regenerative fuel in Europe, than for measures that apply only to new vehicles. This potential should be considered as a supplement to electric mobility in the drive mix of the future.
“The admixture of e-fuels can immediately produce great savings potential. If allowed, this could mean a decisive step toward achieving the 37.5 percent CO2 savings mandated at EU level relative to 2021,” explains Dr. Otmar Scharrer, Head of Research and Advanced Engineering at MAHLE. “Our tests indicate that many of the MAHLE engine components and filters tested to date are ready for the admixture of e-fuels. We are providing our customers with the means to tap this potential.”
As part of the series of test runs, MAHLE is also investigating what proportion of a fuel that is outside of the current standards can be used in operation without changes to hardware or software. The tests have demonstrated that engine performance comparable to the use of purely fossil fuels is possible with the admixture of certain e-fuels as well, while maintaining series production data sets and injection systems. No measurable difference in the combustion process was found for the tested efuels. Emissions behavior was actually even better than for purely fossil fuels in large areas of the operating map. From a thermodynamic perspective, MAHLE therefore assumes that these e-fuels will be technically backward compatible for the admixture of up to 20 percent. This is a very promising approach, but its implementation requires legislative support in terms of expanded fuel standards.
About MAHLEMAHLE is a leading international development partner and supplier to the automotive industry as well as a pioneer for the mobility of the future. The MAHLE Group is committed to making transportation more efficient, more environmentally friendly, and more comfortable by continuously optimizing the combustion engine, driving forward the use of alternative fuels, and laying the foundation for the worldwide introduction of e-mobility. The group’s product portfolio addresses all the crucial issues relating to the powertrain and air conditioning technology—both for drives with combustion engines and for e-mobility. MAHLE products are fitted in at least every second vehicle worldwide. Components and systems from MAHLE are also used off the road—in stationary applications, for mobile machinery, rail transport, as well as marine applications.
In 2018, the group generated sales of approximately EUR 12.6 billion with more than 79,000 employees and is represented in more than 30 countries with 160 production locations. At 16 major research and development centers in Germany, Great Britain, Luxembourg, Spain, Slovenia, the USA, Brazil, Japan, China, and India, more than 6,100 development engineers and technicians are working on innovative solutions for the mobility of the future.
For further information, contact:MAHLE GmbH
Christopher Rimmele
Corporate Communications/Public Relations
Pragstraße 26–46
70376 Stuttgart/Germany
Phone: +49 711 501-12374
Fax: +49 711 501-13700
christopher.rimmele@mahle.com
In 2020, Ford will launch its Mustang-inspired, all-electric SUV as part of a comprehensive line-up of electrified models. A recent Ford-commissioned survey* revealed that most people aspire to own an electrified vehicle one day, with almost half (45 per cent) claiming not stopping for fuel is a key benefit of owning one. However, 40 per… Continue reading How Far Will Ford’s All-Electric SUV Take You? New Website Feature Lets You Map Your Journey
Newsroom/Press Releases/Mahindra introduces subscription-based…
Mahindra introduces subscription-based service for retail buyers of its personal range of vehicles
Promises
Greater flexibility, Affordability and Convenience to customers.
Zero down payment, no road tax, zero risk on resale value and a fixed amount inclusive of routine maintenance cost
Subscription vehicles to be available at an attractive price, starting from Rs 19,720 per month (depending on the model/ variant).
Available for Retail customers in Delhi (NCR), Mumbai, Pune, Bangalore, Hyderabad, Kolkata, Chandigarh, and Ahmedabad in the first phase.
Mumbai, September 12, 2019: Mahindra & Mahindra Ltd (M&M Ltd), part of the USD 20.7 billion Mahindra Group, today announced the introduction of an innovative subscription-based initiative, in partnership with Revv, for retail customers. This unique, flexible ownership experience for customers of Mahindra's personal range of vehicles is an all new way of using a brand new vehicle, without actually having to buy or own one.
The consumer can visit https://www.mahindrasyouv.com/mahindra-subscription or www.revv.co.in/mahindra-subscription and select from a range of Mahindra vehicles that are part of this subscription offering.
With this launch, Mahindra has made the ownership experience of its vehicles more flexible, affordable and convenient. The offer begins at an extremely attractive subscription price starting from Rs. 19,720 per month, inclusive of insurance and routine maintenance charges.
According to Veejay Ram Nakra, Chief of Sales and Marketing, Automotive Division, Mahindra & Mahindra Ltd., “We are delighted to introduce an all new subscription model for retail customers of our personal vehicles. With this flexible, highly affordable offering, we hope to help our customers fulfil their aspiration of driving their desired vehicles without necessarily owning them. This in turn will also attract a whole new set of customers to brand Mahindra. It also aligns with our larger vision of transforming the face of mobility in India.”
The benefits of subscription to the customers include complete convenience, zero down payments, no road tax, zero risk on the resale value of the vehicle, and a fixed amount that includes routine maintenance costs. Most importantly one has the flexibility to change the vehicle model after a certain minimum subscription period.
This subscription model makes it easier for customers to get their vehicle with no initial down payment and customers also have the flexibility to upgrade their models from time to time. In fact, once the subscription period is over, the person can return the vehicle to the company without the hassle of selling it, and get a new vehicle.
About Mahindra's New Vehicle Subscription Model
The customer can visit the website and select from a range of over 6 Mahindra models. After sharing some personal details to confirm their eligibility for the subscription offer, the customer needs to pay a refundable deposit based on the model chosen, and the usage period selected. The company will then order for the vehicle. Usually the vehicle is delivered within a period of one month, and prior to delivery one needs to pay the first month's fees in advance. Subsequently, they would need to pay this fee every month for the duration of the subscription period.
The subscription model will be available on Mahindra’s personal portfolio of vehicles, namely – KUV100, XUV500, XUV300, Scorpio, TUV300, Marazzo and Alturas G4. It will be available for period of one to 4 years in case of a new car.
In fact, once the minimum subscription period is over, the person can return the vehicle without the hassle of selling it and get a new vehicle. Or they have the option of owning it, by buying it from the company at a pre-determined charge.
Mahindra's subscription offer will cater to working professionals and SMEs and will be available across 8 Indian cities including Delhi (NCR), Mumbai, Pune, Bangalore, Hyderabad, Kolkata, Chandigarh, Ahmedabad in the first phase.
Please use the following hashtag:
#SubscriptionByMahindra
About Mahindra
The Mahindra Group is a USD 20.7 billion federation of companies that enables people to rise through innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities. It enjoys a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company, by volume. It also enjoys a strong presence in agribusiness, aerospace, commercial vehicles, components, defense, logistics, real estate, renewable energy, speedboats and steel, amongst other businesses. Headquartered in India, Mahindra employs over 2,40,000 people across 100 countries.
Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise
Media contact information:
Mohan Nair
Vice President (Communications)
Mahindra & Mahindra Ltd.
Office Direct Line – + 91 22 28468510
Office Email Address – nair.mohan@mahindra.com
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