News of the week: Price hike for third part insurance
Price hike for third party insurance an order passed by the Insurance Regulatory and Development Authority of India
Increase in insurance prices by 12.5 % for four wheelers.
Whereas there is a hike in insurance prices by 21.1% for two-wheelers.
An order has been passed by the Insurance Regulatory and Development Authority of India (IRDAI), that states that there will be a hike in premium rates of third-party insurance in the nation. This hike in premium rates will come into effect from the 16th of June 2019.
According to the reports, we get to know that the premium for four-wheelers whose engine is under 1000cc will be Rs 2072. If we compare it to the premium rate last year, we can see an increase of 12% as the premium last year was Rs 1850 for the same.
On the other hand, cars whose engine capacity varies from 1000cc to 1500cc will now have to pay a premium of Rs 3221. Previously the premium for them was Rs 2863, hence there as a hike by 12.5%.
Coming to cars whose engine capacity is larger than 1500cc will not be affected and they will continue to pay the same premium of Rs 7890 like last year.
In the two-wheeler segment in the nation also will be facing a hike. Bikes have engine capacity less than 75cc face a rise in premium from Rs 427 to Rs 482 which is about a 12.9 % hike from last year.
For bikes with an engine ranging from 75cc to150cc will face a hike from Rs 720 to Rs 752 which is a rise by 4.4%. The largest hike is seen two-wheelers with engine capacity ranging from 150cc to 300cc as the owners will now face a hike from Rs 985 to Rs 1193 which is a rise by 21.1%. On the other hand, two-wheelers with engine capacity above 350cc won't be facing any hike in premium rates.
The electric vehicle segment also faces a hike in premium rates. A yearly premium of electric cars with over 65kW is set to Rs 6707 whereas if the owner is looking for a long terms insurance the policy would cost Rs 20,659.
Just like this, the electric two-wheelers over 16kW will be charged with a yearly premium of Rs 1975 and if the owner chooses to go for a long terms policy that will cost him or her around Rs 11,079.
Land Rover now powers the Discovery with a 2.0-litre diesel unit
Land Rover introduces a new 2.0-litre diesel unit for the Discovery lineup.
This engine is an option is available on all the trim levels.
It has helped Land Rover to retail the Discovery in a more competitive price tag.
In the Indian automotive market, Land Rover has launched an entry-level Discovery thus expanding its stable with a range of premium SUV’s. The new version of the Discovery has been offered with a price tag starting from Rs 75.18 lakh (Ex-Showroom, India).
What's unique in this version of the Discovery is the introduction of the 2.0 litre, four-cylinder Ingenium diesel powertrain. This oil burner can churn out 240 bhp of power and 500Nm of torque. Also, this powerhouse will be available on all the variants of the Discovery- S, SE, HSE and HSE Luxury.
In addition to this, Land Rover will also continue to power the Discovery with its previous 3.0-litre six-cylinder petrol mill that produces 340 horsepower and the 3.0-litre diesel engine that generates 258 horsepower.
With the launch of the new diesel engine, Land Rover has achieved to retails the Discovery at a cheaper price tag in comparison with its 3.0 litre V6 diesel format. This has made the new version of the Discovery cheaper by Rs 13.6 lakh. Whereas if we compare this model with the 3.0-litre petrol version it is cheaper by Rs 1.76 lakh.
Coming towards the list of features, Land Rover has equipped the Discovery 2.0 with similar features as it is seen with the 3.0-litre version. The top of the line trim level comes loaded with features such as electric reclining seats, electrically powered third-row seats, panoramic sunroof, 360-degree camera, adaptive cruise control and four-zone climate control for utmost comfort.
With the launch of the Land Rover Discovery with a new 2.0-litre engine, it has strengthened its place in its competition. Thus it now competes more efficiently with the Mercedes Benz GLE, BMW X5 and the Audi Q7 in the Indian market.
Jeep officially unveils the Compass TrailHawk Edition in India
Jeep unveils the hardcore off-road variant for the compass
It comes loaded with Jeep’s Active 4X4 Drive train.
Under the hood will be a BS-VI compliant 2.0-litre diesel motor and it will also feature a 9 Speed automatic gearbox as well.
After much waiting, Jeep finally unveils the Compass TrailHawk edition in the Indian market ahead of its launch. Although this edition isn’t new as it has been launched earlier in the international market. With this, Jeep will finally get in a hardcore off-road capable Compass in the market for what the company is famous all over the world.
Aesthetically, Jeep has offered the Compass TrailHawk with a few cosmetic updates. These include black decals on the hood, the front grille along with the roof, window beltline and the ORVM’s get a gunmetal finish. Moving towards the rear end, Jeep has offered the signature Trailhawk red tow hooks and the scuff plates can be seen on the front and rear bumper.
As we step inside the cabin, we can notice plenty of changes in comparison with the cabin of the regular Compass trims. The interior gets an all-black theme along with red accent all over and it also comes with all-weather mattings. Trailhawk badges can be seen inscribed on the seats and it also gets red contrast stitching complimenting well with the theme.
The navigation system is also upgraded for use in rural as well as urban areas and the company has also improved and refined the voice commands system as well.
Under the hood of the Compass Trailhawk edition is a BS-VI compliant 2.0 litre MultiJet Turbo II diesel engine. This oil burner is capable of churning out 170 bhp of power and 350Nm of torque.
Jeep is coupling this engine with a ZF sourced nine-speed automatic gearbox. Making it a serious off-roader is the Active Drive 4X4 drive train from Jeep that offers low range ratios and a locking differential as well.
In addition to this, the ground clearance of the Trailhawk edition has been increased to 205mm which is 27mm more than the standard models. It also comes with a higher set of air take which allows water wading up to a depth of 480mm. Jeep is providing the Compass with the Trailhawk edition with all-terrain tyres from Falken Wildpeak HT.
According to Jeep, only some selected SUV’s are worthy of carrying the ‘Trail Rated’ badge, hence making this version of the Compass a serious off-roader. In the coming week, Jeep will be officially launching the Compass Trailhawk edition. We at MyNewCar are expecting it to price around Rs 25 lakh (Ex-Showroom, India).
Honda updates the safety kit on the City
Honda updates the safety features with all the variants getting the seat belt warning system and high-speed alert system as common.
The price tag of the Honda City remains unchanged.
Honda has silently updated its sedan line up with the upgradation of the safety kit for City in the Indian market. But the price tag for the Honda City remains unchanged and it continues to be retailed in a price ranging from Rs 9.72 lakh to Rs 14.07 lakh (Ex-Showroom, Delhi).
This updated safety kit is made available on all the models of the Honda City manufactured from 28th of May 2019. This safety feature includes the addition of speed alarm system which beeps once when the car touches 80kmph and once it touches 120 kmph continuous beeps can be heard.
In addition to this, all the models of the Honda City will also come equipped with front dual airbags for the driver and passenger side along with the seat belt reminder system for the front occupants as well.
These features have been added following the government mandatory rule for all the vehicles to come equipped with standard safety features such as driver airbag and ABS from 1st of July 2019.
Hence now all the trim levels of the Honda City come loaded with standard front dual airbags, seat belt reminder system, ISOFIX, speed warning system, rear parking and ABS.
As of now, Honda has been selling the current gen City that has introduced in the year 2014 and it also received a facelift in 2017. It is now due for a new generation City to hit the market.
The Japanese auto manufacturer has already commenced with works on the new generation City and according to some media reports, it is known that this sedan will be slightly bigger than the current model.
Hence we can expect a roomier cabin and it will also get a BS-VI complaint engine owing to the mandatory law that will take place from April 2020. So till then stay tuned to MYNewCar to know more about the upcoming New Gen Honda City.
News Source: AutoCarIndia