Team-BHP > BHP India > The Indian Car Scene


Reply
 
Thread Tools Search this Thread
Old 3rd October 2019, 17:26   #1
Senior - BHPian
 
TusharK's Avatar
 
Join Date: Jul 2017
Location: Pune
Posts: 1,784
Thanked: 13,962 Times
Default Citroen launches leasing services in India, but there's no car yet!

Citroen has introduced its leasing services called 'Citroen Lease' in India.

Citroen launches leasing services in India, but there's no car yet!-citroen-lease-launch-contract-signing-1.jpg

The leasing solutions have been launched in partnership with ALD Automotive, which is said to be one of the largest full service leasing and fleet management services providers. The company is active in 43 countries.

Citroen will offer leasing options to individuals, small and medium-sized businesses, corporate and the public sector in India. According to the company, there will be no upfront cost to customers, no financial risk, efficient tax management and easy upgrade, while including the maintenance as well as car insurance.

The announcement comes at a time when Citroen is planning to launch the C5 Aircross in India sometime next year.
TusharK is offline   (18) Thanks Reply With Quote
Old 3rd October 2019, 20:08   #2
BHPian
 
Join Date: Dec 2017
Location: Madras
Posts: 130
Thanked: 223 Times
Default re: Citroen launches leasing services in India, but there's no car yet!

Launching "Car lease" agreement before launching the car ? Now that's some forward thinking.
Have they even announced which Citroen is coming to our market ?
vaasscit is offline   (9) Thanks Reply With Quote
Old 3rd October 2019, 20:28   #3
Senior - BHPian
 
motorworks's Avatar
 
Join Date: Sep 2009
Location: Bangalore
Posts: 1,239
Thanked: 1,666 Times
Default

Basically Citroen folks in India seem to have ample time on their hands, so they thought why not keep doing things that create some buzz. Nothing explains a car lease launch when there is no definitive timeline for a product launch. Plus, if im not wrong, the first car from Citroen is not a heavily localised product, meaning its one of those 25-35 lakh SUVs which is hardly the candidate for Car lease!
motorworks is offline   (11) Thanks Reply With Quote
Old 3rd October 2019, 20:34   #4
BHPian
 
Join Date: Sep 2007
Location: Noida
Posts: 260
Thanked: 135 Times
Default re: Citroen launches leasing services in India, but there's no car yet!

Quote:
Originally Posted by vaasscit View Post
Launching "Car lease" agreement before launching the car ? Now that's some forward thinking.
Have they even announced which Citroen is coming to our market ?
Itís the air cross. The model was there in one of the episodes of The Grand Tour.
maven is offline   (3) Thanks Reply With Quote
Old 3rd October 2019, 21:50   #5
Senior - BHPian
 
Durango Dude's Avatar
 
Join Date: Mar 2009
Location: Chennai
Posts: 1,186
Thanked: 1,622 Times
Default re: Citroen launches leasing services in India, but there's no car yet!

The French sure have their quirks and quirky cars, but where is the car?? ..or are they sending out invites to special people to "lease" their cars?? Classic case of putting the "cart" in front of the "horse"!
Durango Dude is offline   (10) Thanks Reply With Quote
Old 4th October 2019, 08:13   #6
GTO
Team-BHP Support
 
GTO's Avatar
 
Join Date: Feb 2004
Location: Bombay
Posts: 54,462
Thanked: 136,872 Times
Default re: Citroen launches leasing services in India, but there's no car yet!

Quote:
Originally Posted by vaasscit View Post
Launching "Car lease" agreement before launching the car ? Now that's some forward thinking.


Some management guru told Citroen that the Indian market is very crowded and since they're a late entrant, they need to be "different". So the French have launched a very "different" leasing scheme:

- No car
- No launch date
- No details on pricing
- No details on duration or buyback value
- No availability since there are no dealers up yet
- Best of all, no customers!!!

Last edited by GTO : 4th October 2019 at 08:14.
GTO is offline   (46) Thanks Reply With Quote
Old 4th October 2019, 08:27   #7
BHPian
 
Join Date: Mar 2019
Location: Pune
Posts: 124
Thanked: 137 Times
Default Re: Citroen launches leasing services in India, but there's no car yet!

This is really some innovative thinking by Citroen. They might get the initial 2500 units as CBU/SKD which can be imported without homologation and give them on lease. Just to gauge the response to the product before starting full fledged production.

Last edited by adi.mariner : 4th October 2019 at 08:29.
adi.mariner is offline   (8) Thanks Reply With Quote
Old 4th October 2019, 17:58   #8
BHPian
 
Join Date: Nov 2015
Location: Chennai
Posts: 104
Thanked: 188 Times
Default Re: Citroen launches leasing services in India, but there's no car yet!

Quote:
Originally Posted by adi.mariner View Post
This is really some innovative thinking by Citroen. They might get the initial 2500 units as CBU/SKD which can be imported without homologation and give them on lease. Just to gauge the response to the product before starting full fledged production.
Yea. This could be the plan. But 250 copies should be enough if offered to select customers like senior auto enthusiasts.
DImPo is offline   (1) Thanks Reply With Quote
Old 4th October 2019, 18:02   #9
Distinguished - BHPian
 
dhanushs's Avatar
 
Join Date: Oct 2009
Location: Bathery/BLR
Posts: 3,713
Thanked: 5,699 Times
Default Re: Citroen launches leasing services in India, but there's no car yet!

Wow! Hard to imagine an automotive company making such a huge blunder, that too on entering the marketing. Will stay tuned and see how it shapes up.
dhanushs is offline   Reply With Quote
Old 5th October 2019, 05:53   #10
BHPian
 
Join Date: May 2008
Location: KA-09
Posts: 560
Thanked: 808 Times
Default Re: Citroen launches leasing services in India, but there's no car yet!

Quote:
Originally Posted by adi.mariner View Post
This is really some innovative thinking by Citroen. They might get the initial 2500 units as CBU/SKD which can be imported without homologation and give them on lease. Just to gauge the response to the product before starting full fledged production.
I think the rule which allows 2500 units without homologation is for companies which already have sales, not for new entrants AFAIK.

On a separate note, has anyone visited their site? It has a section "How to Pronounce Citroen"

Last edited by octane_100 : 5th October 2019 at 05:57.
octane_100 is offline   (7) Thanks Reply With Quote
Old 5th October 2019, 06:54   #11
BHPian
 
Join Date: Mar 2019
Location: Pune
Posts: 124
Thanked: 137 Times
Default Re: Citroen launches leasing services in India, but there's no car yet!

Quote:
Originally Posted by octane_100 View Post
I think the rule which allows 2500 units without homologation is for companies which already have sales, not for new entrants AFAIK.
Thank you octane_100. I am not at all aware about the homologation rules. It was just what came to my mind about Citroen starting a leasing service without having a product in India. That this is the route they might take.
adi.mariner is offline   (1) Thanks Reply With Quote
Old 5th October 2019, 22:22   #12
BHPian
 
Join Date: Jan 2017
Location: Bangalore
Posts: 140
Thanked: 178 Times
Default Re: Citroen launches leasing services in India, but there's no car yet!

Quote:
Originally Posted by octane_100 View Post
On a separate note, has anyone visited their site? It has a section "How to Pronounce Citroen"
You're right. If they had put as much interest in launching the car it would have been much better.
Attached Thumbnails
Citroen launches leasing services in India, but there's no car yet!-screenshot_20191005221619329_com.android.chrome.png  

Citroen launches leasing services in India, but there's no car yet!-screenshot_20191005221626594_com.android.chrome.png  

Citroen launches leasing services in India, but there's no car yet!-screenshot_20191005221633431_com.android.chrome.png  

gauravanekar is offline   (3) Thanks Reply With Quote
Old 5th October 2019, 22:38   #13
Senior - BHPian
 
landcruiser123's Avatar
 
Join Date: Jun 2015
Location: SF Bay Area
Posts: 1,313
Thanked: 1,904 Times
Default Re: Citroen launches leasing services in India, but there's no car yet!

Hello Citroen,
April 1 was half a year before. You've missed the deadline (by a mile :P)

On a serious note- Are they talking about real estate leasing schemes for dealers or actual car leasing schemes for end customers? If it's the latter- it is the classic case of putting the cart before the horse.
landcruiser123 is online now   (2) Thanks Reply With Quote
Old 5th October 2019, 23:06   #14
Senior - BHPian
 
srishiva's Avatar
 
Join Date: Nov 2006
Location: Bengaluru
Posts: 4,015
Thanked: 1,281 Times
Default Re: Citroen launches leasing services in India, but there's no car yet!

Is it just a leasing company? Do they have to have their own cars for launching leasing ? Or are they planning to lease their own vehicles when ultimately they launch them ? Whats wrong ?
srishiva is offline   (1) Thanks Reply With Quote
Old 6th October 2019, 11:17   #15
Newbie
 
dragracer567's Avatar
 
Join Date: Aug 2019
Location: Dubai
Posts: 19
Thanked: 20 Times
Default Re: Citroen launches leasing services in India, but there's no car yet!

Quote:
Originally Posted by maven View Post
Itís the air cross. The model was there in one of the episodes of The Grand Tour.
That was the C3 aircross. The one coming to India is the C5 aircross - bigger model.
dragracer567 is offline   Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search


Similar Threads
Thread Thread Starter Forum Replies Last Post
Honda ties up with Orix for car leasing services in India TusharK The Indian Car Scene 2 10th September 2019 22:06
Hyundai partners with ALD Automotive for car leasing in India TusharK The Indian Car Scene 13 14th June 2019 21:49
Volkswagen turns to Amazon Web Services for IoT cloud services JoshMachine The International Automotive Scene 0 28th March 2019 14:39
BMW-ORIX Auto tie-up for Leasing Services hanmust The Indian Car Scene 3 19th May 2009 12:21


All times are GMT +5.5. The time now is 03:56.

Copyright ©2000 - 2019, Team-BHP.com
Proudly powered by E2E Networks