Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
The Andhra Pradesh government has purchased 19 new SUVs for use by Chief Minister Y S Jagan Mohan Reddy, official sources said. Of the 19 Toyota Fortuner vehicles, four will be made bullet-proof and two more will be fitted with jammers as part of the VIP security measures, sources in the Intelligence Security Wing said. With many ministers claiming that Reddy would soon start functioning from the port city of Visakhapatnam which the YSR Congress government wants to make the Executive Capital of the state half of the newly-procured fleet would be stationed there for the Chief Minister's use, the sources said. A new fleet of seven convoy vehicles for the Chief Minister was purchased in mid-2019 after Reddy assumed power. "These vehicles are in a fit condition as they have not been used much. But, with the Chief Minister likely to shift his base to Visakhapatnam, we need another set of vehicles. Accordingly, the new vehicles have been bought," a senior security official said. One
Indian car buyers' attitude is changing from price consciousness to those that are driven by vehicle looks and content as they give more emphasis on styling, according to a study by JD Power. As per the study by the global consumer insights and advisory services provider when it comes to sales satisfaction Hyundai ranked the highest followed by Mahindra & Mahindra and Toyota. Stating that customers' priorities have shifted from functionality to form, the JD Power 2019 India Sales Satisfaction Index noted that buyers are placing more emphasis (up 9 percentage points from 2018) on vehicle styling, both exterior and interior, when deciding on a model. Other aspects such as performance and reliability (both up 7 percentage points), as well as technology (up 5 percentage points) also play bigger roles in determining choice of vehicle, it added. "On the other hand, aspects declining in importance are price of the vehicle/installments and the ability to obtain financing (both down 4 ...