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First Published: July 23, 2019, 6:14 PM IST

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NEWS18 » AUTO

Ather Inaugurates New Experience Facility in


Chennai
The centre's design and user experience have been Dubai Hotel Prices Might Actually
Surprise You
developed on Ather’s learnings from the Bengaluru Ather
Space.
News18.com Updated: July 24, 2019, 6:18 PM IST After the launch of
Ather 450 and 340 in Chennai earlier

New Ather Space in Chennai. (Image source: Ather)

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this month, Ather Energy has officially inaugurated, ‘Ather Space’, the
Ather experience centre at Wallace Garden Road, Nungambakkam on
24th July. The facility was designed to educate customers about
electric vehicles while providing a holistic experience in an interactive
space. The company inaugurated the first experience centre in
Bengaluru on June 2018 and opened the second one in Chennai on
Wednesday. Chennaites can now ride the Ather 450 and get an in-
depth view of the product and features before pre-ordering the vehicle.
Customers can also book test ride slots on the website prior to visiting
the experience centre.

The centre’s design and user experience have been developed on


Ather’s learnings from the Bengaluru Ather Space. Customers can
close
learn about every aspect of the vehicle and witness the engineering
and mechanical efforts that have gone into manufacturing it through a
scooter up on display. Apart from seeing the key components of the
scooter, one can learn and interact with the intelligent and connected
features through a digital display.

Ather began accepting pre-orders for Ather 450 in Chennai on 9th July.
The on-road price for the 450 is Rs 1,31,683 and Ather 340 will be
priced at Rs 1,19,091 in Chennai. The price includes the regulation 2
helmets, along with the FAME 2 subsidy and other basics like
insurance, road tax, GST, and other fees.

Ather began the installation of its Ather Grid points in Chennai on May
2019 and has installed ten fast charging points, so far. These charging
points can be found in malls like Forum Vijaya Mall, offices like
AtWorks and cafes, restaurants, and even grocery stores. To
encourage adoption of EVs in the city, Ather Energy will provide free
charging at Ather Grid till December 2019 for all-electric 4Ws & 2Ws
and will add 40-50 more charging points to their network.

Ather Ather 340 Ather 340 features Ather 340 price

First Published: July 24, 2019, 6:18 PM IST | Edited by: Anirudh SK

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NEWS18 » AUTO

Mercedes-Benz Announces Price Hike of up


to 3 Percent on Select Models Dubai Hotel Prices Might Actually
Surprise You
Compared to the 20,000 units of luxury vehicles that were
sold in the first half of last year, the Indian luxury market
this year, recorded between 15,000 and 17,000 models.
News18.com Updated: July 24, 2019, 5:50 PM IST Mercedes-Benz
India has announced a price hike for

Mercedes-Benz CLA Urban Sport. (Image: Mercedes-Benz)

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its select model range effective from the first week of August. The hike
would be up to the range of 3 per cent, varying across the model range.
The current increase in customs duty on automotive parts and
additional cess and excise duty on fuel has been exerting significant
pressure on overall operations. A slowdown in the economic growth
combined with uncertainty around the elections has caused India’s
luxury car market to shrink by as much as a quarter in the first half of
2019.

A few other factors that might prove the contrary are risks such as
continuing weakness in the economy, high GST rate and increased
import costs that could cause major disruption in the near future. In
close
addition to this, industry executives also suggest that the government’s
move to increase the tax outgo of people earning more than Rs 2 crore
could dampen the sentiment of their target customers.

Compared to the 20,000 units of luxury vehicles that were sold in the
first half of last year, the Indian luxury market this year, recorded
between 15,000 and 17,000 models, reports stated. In 2019, the luxury
segment did worse than the rest of the country which is typically
unusual in India as it typically outperforms the market.

The year began with a marginal decline in sales. However, the second
quarter from April to June witnesses the worse drop with sales falling
more than 30 per cent to 6,500 to 7,000 units. In light of the same
Mercedes-Benz, last week, reported an 18 per cent decline in sales for
the first half of 2019, blaming macroeconomic headwinds such as high-
interest rates, rising import costs and a liquidity crunch that has
affected the auto-loan market.

At an average 35,000-40,000 units in the last three-four years or about


1.17% of the overall passenger vehicle market, the luxury automotive
market is the smallest among the large economies. It is to be noted that
India houses more than 350,000 millionaires.

Major industry players suggest that the industry is looking at its biggest
decline in a decade. A few of them are also worried about the impact of
India’s shift from Bharat Stage IV emission standards to BS-VI, as the
increased cost associated with the technology change could
discourage more buyers.

Car price hike Luxuruy vehicles in India Luxury vehicles

Mercedes Benz

First Published: July 24, 2019, 5:50 PM IST | Edited by: Anirudh SK

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NEWS18 » AUTO

In Conversation With Steffen Knapp, Head,


Volkswagen Passenger Cars India
Steffen Knapp, Head, Volkswagen Passenger Cars India
talks to us about the changing Indian automotive scenario
with new safety norms being mandated for cars to be sold
in the country and stricter BS-VI emission norms soon set
to kick in as well putting pressure on the entire automotive
industry. Steffen also talks to us about what the
government can do and how can the industry slowdown be
reversed. And yes, we are also given a hint about what
holds for India from the house of Volkswagen in the coming
future.
News18.com Updated: July 24, 2019, 5:17 PM IST Steffen Knapp,
Head, Volkswagen Passenger Cars

Steffen Knapp, Head, Volkswagen Passenger Cars India talks to us about the changing Indian automotive
scenario with new safety norms being mandated for cars to be sold in the country and stricter BS-VI
emission norms soon set to kick in as well putting pressure on the entire automotive industry. Steffen also
talks to us about what the government can do and how can the industry slowdown be reversed. And yes, we
are also given a hint about what holds for India from the house of Volkswagen in the coming future.

Interested To Work In Interested To Work In


Canada? The USA?
jobs-in-ca USA jobs

India talks to us about the changing Indian automotive scenario with


close
new safety norms being mandated for cars to be sold in the country
and stricter BS-VI emission norms soon set to kick in as well putting
pressure on the entire automotive industry. Steffen also talks to us
about what the government can do and how can the industry slowdown
be reversed. And yes, we are also given a hint about what holds for
India from the house of Volkswagen in the coming future.

automotive Car industry Steffen Knapp volkswagen

First Published: July 24, 2019, 5:17 PM IST | Edited by: Sameer Kumar Rai

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