MotorBeam Daily News Roundup – 11th June
News highlights of the day include Harley-Davidson, Mahindra, FADA and Ampere Electric.
Harley-Davidson – Harley-Davidson is offering a flat discount of Rs. 55,000/- on the 2020 Street Rod. The motorcycle now retails for an ex-showroom price of Rs. 5.99 lakhs and this offer is valid for a limited period.
Mahindra – Mahindra has launched special finance schemes for Covid-19 warriers and essential service providers. The company is offering schemes like 8 year finance options, Buy Now Pay In 2021, 90 days moratorium, 100% on-road funding, 50% processing fee waiver for doctors, etc. The company is also offering the Pick-Up BS6 for the same EMI as the Pick-Up BS4.
FADA – The Federation of Automobile Dealers Association has announced that in May 2020, only 2,02,697 vehicles were registered in India. This is a huge drop compared to the 18,21,650 vehicles that were registered in May 2019. The ongoing coronavirus pandemic and the national lockdown are the reasons for this.
Ampere Electric – Ampere Electric has teased a new electric scooter that will be launched in India on 15th June. Ampere currently has five e-scooters in their line-up – Reo-Elite, Magnus, Reo, V48 and Zeal
Motor Trivia – Did you know, power windows for cars were introduced for the first time in 1946.
Comment of the day – Rahul Phunage – “I think the Tata Zest also one of the most under rated car.”