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The Punto was actually the worldwide successor of the Uno in Fiat’s portfolio. Fiat had launched the Punto nameplate globally in the year 1993. Internally code-named Project 176, the Punto was announced in September 1993 as a replacement for the ageing Fiat Uno and was finally launched in the end of 1993 in the global markets. The Fiat Punto was voted European Car of the Year for 1995, defeating rival Volkswagen Polo! Punto was designed by one of the world’s most iconic car designer Giorgetto Giugiaro – He had designed models in brands like Alpha Romeo, Maserati, VW, Lamborghini & even Ferrari. Giugiaro is widely famous for designing the DMC DeLorean which was notable in its own time for its unique design and was also featured in the Hollywood Blockbuster Series Back to the Future.
India actually received the third generation Punto; also known as the Grande Punto. The car was based from the GM Fiat Small platform – Developed from 2002 in Italy, by Ulrich Schmalohr the engineer head of Opel (subsidiary of General Motors) and Giorgio Cornacchia head-project of Fiat Auto the Small platform was designed to be adaptable for Fiat Group and General Motors small cars. Even the Opel Corsa D was developed from the same platform. The Grande Punto was launched in India during the Delhi Auto Expo in January 2008, with sales starting in June 2009. The Punto was manufactured by the Fiat Tata Motors joint venture Fiat India Automobiles Ltd (FIAL) in a new plant in Ranjangaon, Maharashtra.
We present the reasons why the Fiat Punto makes an entry in the ‘Gone but not Forgotten’ series –
Let us look at the Punto’s Sales Trend through its years of existence in the Indian market –
Punto made an impact for pioneering the ‘hot hatch’ culture in India. The Indian consumer was traditionally devoid of performance oriented, good looking and capable hatches – Fiat broke the mould and launched the Punto in the Indian market. Punto was always an enthusiasts car and shall always be remembered as one!
What we understand is that Wishbox 1.0 was a massive success in 2019. This has led to Mercedes Benz bring out a more aggressive Wishbox 2.0 now. A lot of OEMs are focusing on announcing smart financing schemes to support customer purchases in the Covid era. While Mass Market OEMs like Hyundai, Mahindra, Maruti, etc have already announced similar schemes; Mercedes Benz takes the initiative in the Luxury OEMs.
Wishbox 1.0 actually helped Mercedes strengthen the leadership position in 2019. We believe that Wishbox 2.0 is way upgraded from Wishbox 1.0.
What was Wishbox 1.0?
Our Views: It was majorly focused on getting more customers know the Brand.
What is Wishbox 2.0?
Hence what ‘Wishbox 2.0’, primarily offers is customized financial solutions including no EMI for first three months, lesser EMIs for the first six months with regular EMIs starting from 7th month of purchase and 10-year extended loan.
Our Views: We believe that the scheme is aligned towards the current Market situation where customers are scared. Hope the demand picks up basis easy and comfortable finance options.
Online Sales Experience by brands. What we feel? Also, some feedback for the Manufacturers..
Car buying in India has always been driven by the ‘Touch & Feel’ model. While the consumers used to ‘research’ online; a lot of activities was still conducted at the showroom for finalizing the purchase. The activities primarily included Display & Demo of the Car, Test Drive, Booking, Finance Options, Exchange and finally delivery of the car. Covid 19 Pandemic has turned the dynamics of car purchase and is going to change the way people shall buy cars (atleast for now). While customers would be wary to physically approach the dealership and take the transaction ahead; majority of the OEMs have jumped to provide the ‘Online’ route to the prospects.
We are still on Websites when customers rarely use them:
We believe the OEMs are still lagging behind in the use of technology. While the world has graduated to the usage of apps; the OEMs have just stepped in to provide options to purchase vehicle online – and that too its not seemless in many cases. These are Covid times and manufacturers just need to be ahead of the curve!
As connected capability grows, automakers are investing significant resources in developing mobile apps for their vehicles. Despite a considerable effort, many apps are falling short of automakers’ hype. In the interconnected world of smartphone apps, the negative consequences of not delivering what’s promised can be profound.
Let’s review all the Online Car Selling websites available:
We have attempted to go through all the major Mass, Premium & Luxury brands to understand their Online Sales process. As mentioned before we feel that, all of them are still on websites when the world is on apps. Amazon & Flipkart have spoilt customers of choices. We see brands like Mercedes Benz who are able to display their stocks on the website. This seems to be by far the best brands could reach up to.
While we compare all the Websites; many of them have done a decent job, while some interfaces aren’t friendly at all. We present you the snapshot of our assessment here –
Mahindra, Kia & Nissan outdo the other Mass & Premium Car Manufacturers:
Mahindra: Simple, Detailed & Complete purchase experience. Hence Excellent Rating. Do visit the link mentioned below.
Kia: Premium Experience, Well Guided, Felt special through the experience. Do visit the link mentioned below to know more. Kia had already tasted success during the Seltos Pre-Launch bookings phase. It has received considerable amount of bookings online. It is now attempting to go seemless for the entire purchase experience now.
Nissan: With just 1 Car (Kicks) to sell, amazed to see the detailing into the website. Gives a feel that Nissan is still serious about India.
360 degree view, A feel of a showroom at home, Detailed Explanation of the Car. Pretty Decent Job here!
Let’s now review Online Buying Options of Luxury Brands:
BMW was the first Luxury brand to come very aggressively with their online experience. I would say it was well presented but it doesn’t win this battle of the Best Online Experience. Lot of work required to make the website feel premium.
Mercedes Benz – Leader in the Luxury Space. Didn’t quite meet the expectation of Luxury on it website. We just missed the sheer opulence while we went through the website. Yes, Mercedes was one of the only brands with Real stocks in place which can be booked but it just didn’t attract us.. “ Mercedes is considered to be the epitome of Luxury in India.” – They need to put more effort on their website_ it isn’t simply rich..
Audi: Steals the show with AR (Augmented Reality). While other options have been kept very simple. Very close to this would be a Mercedes & then a BMW.
Just feel that the Top 5 luxury brands should come together to create an integrated app for the benefit of the customers. All of the brands can be on the Menu and feel some one should take the leadership in getting this done.
We anticipate many more disruptions in the days to come in the ways cars are being bought. Let’s see how things transition in the way ahead.
The Venue was the first car in India to bring Hyundai’s 1.0-litre turbo petrol engine. Among Venue buyers, this engine accounts for a 47% share. Now this engine is available in the Aura sub-compact sedan, Grand i10 Nios hatchback and Verna compact sedan. Soon, this engine will power the Kia Sonet and the next-gen Hyundai Elite i20. It comes with 100PS and 120PS power ratings. The 100PS version is available in the Nios and Aura with a 5-speed MT. The 120PS version is available in the Venue and Verna. Transmission options for the 120PS variant are a 7-speed DCT automatic and a 6-speed MT.
The Aura turbo’s only rival was the Tigor JTP as it had a 3-digit power figure. Now, there’s none. A year ago, Nios turbo would have rivalled the Baleno RS, Tiago JTP and Polo GT. Now, only the Polo has comparable performance from its new 1.0-litre turbo petrol engine.
Also Read: Volkswagen Polo And Vento TSI Edition
The Nios turbo’s torque-to-weight ratio puts it in the league with of Abarth Punto. So, its acceleration should be the best you will ever experience for a sub-Rs. 10 lakh car.
Hyundai and Kia are going against the tide and winning customers over. Almost all of their cars come with a diesel and a small turbo petrol engine. In times when everyone else is going lean, these South Korean sister companies are expanding like there’s no tomorrow.
It’s worth noting though, that the 1.0-litre turbo petrol is the only engine option in the reasonably equipped variants of the Venue. Naturally, it has an upper hand over the 1.2-litre normal petrol engine.
Multiple reports are pointing towards the imminent launch of Maruti S-Cross petrol. The exact launch date is still under covers but dealers are unofficially accepting bookings for the car.
The Brezza went from diesel-only to petrol-only while transitioning to BS6. The S-Cross is also doing the same thing. It’s unclear if the S-Cross will offer the hybrid engine with the manual transmission or reserve it for the automatic. Their 4-speed torque converter is a vintage piece of tech with gas-guzzling characteristics. The hybrid part boost helps it negate the fuel efficiency disadvantage to a great extent.
After dominating the diesel passenger vehicle segment for over a decade, Maruti Suzuki suddenly dropped diesel engines entirely from their portfolio. VW/Skoda and Renault – Nissan are also on the petrol-only path. Honda are also dropping the diesel option from a few vehicles but retaining it in others. This is leaving the playing field open for Hyundai and Kia to scoop it up. Kia was reporting a 50-50 split between petrol and diesel engine options for the Seltos. That suggests a strong demand for diesel engines. After the COVID dust settles, things could go in any direction. For now, Hyundai and Kia are ready to grab the entire diesel passenger car market as they have a diesel engine in almost all of their cars.
Also Read: No Diesel For Honda Jazz And CR-V
After Renault, Maruti Suzuki are also offering a 2-month EMI holiday option with the purchase of their cars. It’s available from their partner, Cholamandalam Investment and Finance. Under the offer, you can opt to start your payments 2 months after the purchase of the vehicle.
Renault also announced a similar offer with a 3-month EMI break. However, unlike Renault, Maruti Suzuki haven’t clarified the maximum principle, rate of interest and the loan tenure to benefit from this offer. Renault’s offer has a loan amount cap depending on which vehicle you buy.
Also Read: Renault’s 3-Month EMI Holiday
Update May 24: We spoke with an Edelweiss representative and found out that only fire and theft are included for the entire year even when you turn off the cover through the app. This is a first-party cover only and you’ll have to separately buy a third-party add-on, which is required by law. This is a zero-dep cover by default and also includes cover for consumables and road-side assistance. You have to maintain a 60-day balance in the account. The first payment includes that 2-month balance. For a total insured sum of Rs. 5.0 lakh for 2 cars and 2 drivers in the house, a typical initial payment will be a little over Rs. 5,000. The monthly payments will be around Rs. 1,000 – IF – you use your vehicle every day of the month. Otherwise, the amount payable will reduce depending on the number of days you enable the cover as the premium is applicable on a daily basis. So, the maximum yearly payment will come to about Rs. 15,000. Considering that I have only used my vehicles about 10 times in the last 2 months, I would have to pay about Rs. 350 for this duration instead of Rs. 2,000 under this plan.
General insurance provider, Edelweiss, have announced a usage-based insurance plan. Under this, you can have up to 3 vehicles and up to 3 drivers insured under 1 plan. You can then enable or disable the plan depending on your usage. Some protections from
natural calamities, theft, fire, etc. are covered even when you have paused protection. There’s a yearly payment involved and after that, you pay a monthly payment, which varies depending on your usage.
Overall, this should help you cut down on insurance costs if your usage is limited.
Unfortunately, there is no option for a 0-depreciation cover under the Switch plan. So, if you have a new vehicle and you like to keep it as protected as possible, then this is not for you.
For more information, head to their official website: Edelweiss Switch – Driver Based Insurance
Click here to download the product brochure.
For most vehicle owners, this could help them save some cash if their vehicle usage is minimal or seasonal. This plan also changes how we use vehicle insurance as it brings customers into a subscription world. Just like a Spotify or Netflix subscription, your vehicle insurance premium could become part of your monthly bills. This option could improve customer retention for Edelweiss.
A lot of eyebrows will be raised for including Chevrolet’s Tavera in the list of ‘Gone but not Forgotten’ series. However; we exactly list the reasons why it makes an entry in the series –
The name of the vehicle comes from the name of the small French village Tavera, in Corsica, known for its steep paths and rough roads. Tavera’s main competition included vehicles like the Toyota Innova, Mahindra Bolero and Tata Sumo. Tavera was available in India with diesel engine and a manual transmission. The vehicle was available in 7,8 and 9 seater configurations. Under the hood it was available with 2.5 litre diesel engine delivering a power and torque of 72 bhp and 171 Nm respectively. As for the fuel economy, the BS3 compliant diesel engine claimed to deliver 13.58 km/l.
Let us look at the Tavera’s Sales Trend through its years of existence in the Indian market –
Tavera will always be remembered as a capable, fuss free and a reliable workhorse. The model still has a huge fan following among the rural & taxi buyers and is sorely missed over the years of its phase out. Even GM itself wouldn’t have anticipated that Tavera would become its best selling and most consistent model in the Indian sub-continent. Hence though that the model is Gone; it is definitely not forgotten.