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World-Premiere: The All-New Volvo XC90

GOTHENBURG, Sweden, Aug. 27, 2014 /PRNewswire/ -- Months of speculation ended today after Volvo Cars unveiled its all-new Volvo XC90, delivering on its promise to introduce a visually striking, premium quality seven seat SUV with world leading safety features, new powertrain technologies, an unrivalled combination of power and fuel efficiency and a superlative interior finish.

The all-new XC90 on display at the world premiere launch event Artipelag in Stockholm, August 26-29.
The all-new XC90 on display at the world premiere launch event Artipelag in Stockholm, August 26-29.

To view the Multimedia News Release, please click:
http://www.multivu.com/players/English/7276259-volvo-XC90-world-premiere/

Three years in the making and part of a USD 11bn investment programme, the new XC90 marks the beginning of a new chapter in Volvo history, capturing its future design direction, incorporating its own range of new technologies and utilising its new Scalable Product Architecture (SPA) technology.

"This is one of the most important days in our history. We are not just launching a car but re-launching our brand. This day marks a new era for our company. The XC90 paves the way for a portfolio of exciting new cars to come in the following years," said Håkan Samuelsson, President and CEO of Volvo Car Group.

The limited First Edition of XC90 includes 1,927 individually numbered cars that celebrate the year Volvo was founded and, for the first time in history, they will only be available for sale via digital commerce at http://www.volvocars.com from September 3rd at 16.00 CET.

"Those who want to be among the first ones to own the best SUV in the world have to act fast. The huge interest in the all-new XC90 indicates that the First Edition will sell out quickly," said Alain Visser, Senior Vice President, Marketing, Sales and Customer Service of Volvo Car Group.

Fully equipped  

The First Edition cars, which have uniquely numbered tread plates and a distinctive badge on the tailgate, are powered by a high-performance petrol or diesel engine from Volvo Cars' new four-cylinder Drive-E powertrain family. The supercharged and turbocharged T6 has an output of 320 hp and a maximum torque of 400 Nm, while the D5 twin turbo diesel engine has 225 hp and 470 Nm. The engines are teamed with a smooth 8-speed automatic transmission.

The Onyx Black exterior and 8-spoke, 21-inch Inscription wheels are combined with an interior featuring nappa leather seats in Amber, a Charcoal leather dashboard and Linear Walnut inlays.

Volvo's new face 

The new XC90 will be the first of its cars to carry the company's new more prominent iron mark, which has the iconic arrow elegantly aligned with the diagonal slash across the grille.  Together with the T-shaped "Thor's Hammer" DRL lights, the iron mark introduces an entirely new, distinctive and confident face for Volvo's forthcoming generation of cars.

The XC90's larger bonnet with its new topography, the beltline and the sharpened shoulders connecting with the tattoo-like, new rear lights are other important design signatures that will be mirrored across the range.

"The overall impression, both exterior and interior, has a strong connection to the key elements of the Swedish lifestyle: the generous space, the celebration of light and the focus on wellbeing," said Thomas Ingenlath, Senior Vice President Design of Volvo Car Group.

Note to Editors:

A picture/s accompanying this release is available through the PA Photowire. It can be downloaded from http://www.pa-mediapoint.press.net or viewed at http://www.mediapoint.press.net or http://www.prnewswire.co.uk.

Contact:

Stefan Elfstrom
Media Relations Manager
Corporate Communications
Volvo Car Corporation
Dept. 50250/PVH50
Goteborg
Sweden
Telephone +46-31-3251878

(Logo: http://photos.prnewswire.com/prnh/20140522/683630)
(Photo: http://photos.prnewswire.com/prnh/20140826/702681)

Video: 
http://www.multivu.com/players/English/7276259-volvo-XC90-world-premiere/

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India to pilot Deutsche Post DHL’s e-commerce solutions for Asia Pacific

Investment in infrastructure and new delivery options to lay foundation for global e-commerce leadership in fastest-growing logistics sector

SINGAPORE and MUMBAI, Aug. 26, 2014 /PRNewswire/ -- Deutsche Post DHL, the world's leading mail and logistics group, has chosen India to pilot the development of its e-commerce business model for Asia-Pacific. Through its subsidiary Blue Dart Express, already a national leader in door-to-door delivery, DPDHL 's business unit DHL eCommerce  is investing in infrastructure and the development of fulfillment centers, multiple delivery and payment options as part of its aim to become the preferred global provider of e-commerce related services including e-fulfillment and e-facilitation.

Frank Appel, CEO, DPDHL, said:  "Globally, e-retail is rapidly evolving. Over the next five years, the global e-commerce sector is expected to grow by more than 10 per cent per annum with Asia Pacific leading the way. This region is expected to soon surpass North America and Europe as the biggest online market in the world. As the leading logistics company with an unsurpassed global footprint, there's a huge opportunity for us to become the world's leading provider of e-commerce logistics and we have a ready solutions infrastructure in India to pilot our solutions."

Blue Dart Express is well positioned to pilot e-commerce in India and models for Asia Pacific.  The leader in door-to-door delivery solutions and South Asia's premier express air and integrated transportation and distribution company, Blue Dart services over 34,154 locations in India.

Investing in infrastructure and new delivery options

By 2025, e-commerce share of overall trade volume of emerging markets will be up to 30 percent (40 percent in developed countries), according DPDHL's report 'Global E-Tailing 2025'[1].

Malcolm Monteiro, CEO, DHL eCommerce Asia Pacific said: "With 250 million Internet users, Indian e-commerce remains underdeveloped, with online shopping valued at EUR 2.3 billion in 2013. This is expected to grow to EUR 4.1 billion by 2018, a CAGR of 12.3 per cent in 5 years[2].  All countries across Asia are in different evolutionary stages when it comes to e-commerce. We need to adapt our service portfolio within the region accordingly." 

In India, DHL eCommerce, working closely through Blue Dart will invest in developing multiple delivery options and cash on delivery capabilities. These two key needs were identified by India's top online shoppers - male, high-income, young urbanites - as part of a 20-country consumer survey on international distance selling 'Shop the World', carried out by DHL eCommerce to provide a deeper understanding of the home shoppers' journey.

Anil Khanna, Managing Director of Blue Dart Express Ltd, said: "Blue Dart's unrivaled domestic delivery system and network capabilities in India provide the perfect base for piloting the development of region wide e-commerce solutions. We are working closely with leading brands, market place sellers and retailers to help them establish a sustainable e-commerce footprint. That's why we are investing in the right infrastructure - including IT - to build the right model for consumers and sellers."

Tapping India's eCommerce potential with India-specific insights

According to 'Shop the World', online purchases in India are limited largely to consumer electronics, fashion and media products with shopping by smart phone the norm. Indians' main reasons for online shopping are overcoming geographical restrictions on choice and unlimited shopping hours -- although the biggest negative was unknown quality of online products. E-shoppers in India revealed delivery expectations that were higher than the global average. Despite the country's size, Indian shoppers expect delivery within 5 days (global average 6.5 days), parcel tracking options and free delivery. The average rate of return of goods also scored higher than the global average at 29.5 per cent with poor quality or defects the number one reason for returns.

The survey also identified growth opportunities in the development of online payment systems -- cash on delivery or cards being India's top payment choice -- and in international sales. The majority of Indian e-commerce is domestic with only a third of consumers having ordered overseas. This is set to grow with more than half planning to place an international online order with US being the number one target market.

[1]DPDHL, Z_punkt and See More, Global E-Tailing 2025 Study 2014 http://www.dpdhl.com/content/dam/global-etailing-2025_en.html

[2]DHL,Shop The World Study 2014 http://www.dhl.com/en/campaigns/globalmail/shop_the_world.html?WT.mc_id=SHOPTHEWORLD_GO_EN_OFFLINE_002   ((Source: The World Bank 2012 &Euromonitor International)

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DHL - The logistics company for the world

DHL is the global market leader in the logistics and CEP industry and "The logistics company for the world". DHL commits its expertise in international express, national and international parcel delivery, air and ocean freight, road and rail transportation as well as contract and e-commerce related solutions along the entire supply chain. A global network composed of more than 220 countries and territories and around 315,000 employees worldwide offers customers superior service quality and local knowledge to satisfy their supply chain requirements. DHL accepts its social responsibility by supporting environmental protection, disaster management and education.

DHL is part of Deutsche Post DHL. The Group generated revenues of more than 55 billion euros in 2013.

Blue Dart Express Ltd.

Blue Dart Express Ltd., South Asia's premier express air and integrated transportation & distribution company, offers secure and reliable delivery of consignments to over 34,236 locations in India. As part of the DP DHL Group (DHL Express, DHL Global Forwarding & DHL Supply Chain), Blue Dart accesses the largest and most comprehensive express and logistics network worldwide, covering over 220 countries and territories and offers an entire spectrum of distribution services including air express, freight forwarding, supply chain solutions and customs clearance.

The Blue Dart team drives market leadership through its motivated people force, dedicated air and ground capacity, cutting-edge technology, wide range of innovative, vertical specific products and value-added services to deliver unmatched standards of service quality to its customers. Blue Dart's market leadership is further validated by numerous awards and recognitions from customers for exhibiting reliability, superior brand experience and sustainability. Some of these include Superbrand and 'Reader's Digest Most Trusted Brand Award', one of 'India's Best Companies to Work For' by The Great Place to Work® Institute five times in a row, 'Outstanding Contribution to the Cause of Education' - Global HR Excellence Awards 2011-2012, BSE Best CSR Practice Award and 22nd CFBP Jamnalal Bajaj Fair Business Practices Award - 2010 in the category of Service Enterprises (Medium) to name a few.

Blue Dart accepts its social responsibility by supporting climate protection (GoGreen), disaster management (GoHelp) and education (GoTeach).

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Brand Differentiation to Revolutionise Global Luxury Car Market by 2020, Finds Frost & Sullivan

- As most next-generation innovations become standard, luxury OEMs focus on smart mobility technologies to set their products apart

LONDON, Aug. 6, 2014 /PRNewswire/ -- Original equipment manufacturers (OEMs) in the increasingly competitive global luxury car market are exploring new means of differentiating and positioning their brand in a bid to gain an edge over the competition. Luxury automotive OEMs are also adapting to various emerging social as well as technology trends to keep pace with consumer demand. For instance, smaller, fuel-efficient luxury cars are gaining popularity since size is no longer the key definition of a luxury vehicle.

New analysis from Frost & Sullivan, Future of the Global Luxury Vehicle Market, finds that compact sedans, SUVs and crossovers will be the next big thing as the line between luxury and premium vehicles blurs. More mass market OEMs are launching luxury models while traditional luxury OEMs are stretching downward by offering models in smaller segments. Often these models are available at a lower price point. The need to reduce product development costs has also led to increased platform sharing between mass and luxury cars.

"OEMs have to strike a fine balance while differentiating between volume and luxury models," says Frost & Sullivan Automotive and Transportation Research Analyst Shwetha Surender. "While brand perception, price and buyer's experience remain important; cutting edge technology under the hood, improved connectivity inside the car, and bold aerodynamic design are factors that give a luxury car something extra that elevates and sets it apart from the crowd."

One differentiation strategy is to offer value-added features such as 3-D video display graphics and collision-avoidance systems as standard fitment in luxury models. Connectivity and autonomous driving too are evolving into key parameters by which a brand will be judged in the future.

"Entry level luxury cars that offer unparalleled smart mobility technologies and connected services will make inroads into the global market, especially since Gen X and Y are expected to account for a majority of the luxury sales over the next few years," notes Surender. "Luxury makers like Daimler and BMW are introducing the CLA sedan and 3 series models at around $30,000 in anticipation of this trend."

Further, luxury OEMs are investing in data mining and analytics to enable a seamless transition from online to offline tools and deliver a unique digital brand experience for customers in the luxury vehicle domain.

If you are interested in more information on this study, please send an e-mail to Julian Borchert, Corporate Communications, at julian.borchert@frost.com.

Future of the Global Luxury Vehicle Market is part of the Automotive & Transportation (http://www.automotive.frost.com) Growth Partnership Service program. The study introduces market segments that have developed to meet changing customer needs and analyses branding and new market channel strategies adopted by luxury OEMs. It discusses automotive Mega Trends and their impact on the market while highlighting key technology trends and important launches expected. Other Frost & Sullivan studies available under this subscription include: Key Focus Areas for Driveline Systems in Europe and North America, North American Advanced Features Market and Optional/Standard Strategy of OEMs, In-vehicle Advertising in the North American Automotive Infotainment Market, and Potential of the Luxury Vehicle Market in India. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

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Contact:
Julian Borchert
Corporate Communications – Europe
P: +49-(0)-69-770-33-43
E: julian.borchert@frost.com
http://www.frost.com

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: Frost & Sullivans Automobilforum  Future of Mobility

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DHL Delivers to Chinese Football Fans with CSL Partnership

SINGAPORE, July 29, 2014 /PRNewswire/ -- DHL and the Chinese Football Association Super League (CSL) jointly announced that DHL has become an official partner of CSL at a signing ceremony held yesterday in the capital. The world's leading express and logistics company and the nation's premiere football association agreed on a major sponsorship package which will run from 2014 through 2017. The sponsorship underscores DHL's long-term commitment to the China market, its support for the development of Chinese football, and its recognition of CSL as the top level of Chinese association football.

DHL becomes official partner of the Chinese Football Association Super League.
DHL becomes official partner of the Chinese Football Association Super League.

 

DHL Express CEO Mr. Ken Allen and Chinese Football Association Super League General Manager Liu Weidong exchange gifts  at the signing ceremony.
DHL Express CEO Mr. Ken Allen and Chinese Football Association Super League General Manager Liu Weidong exchange gifts at the signing ceremony.

 

The partnership will see DHL building on the excitement of football in China and engaging in new marketing activities to interact with Chinese customers and employees. As part of the agreement, DHL's branding will appear on the football pitches and in the stadiums where CSL matches take place.

At the signing ceremony, Mr. Ken Allen, CEO of DHL Express, commented on the significance of the partnership, "Globally, DHL has a long history of partnering some of the world's most prestigious events such as Formula 1™ and Rugby World Cup 2015, and the world's biggest football club Manchester United. This latest partnership celebrates the shared values we have with CSL and the sport of football, including speed, passion and teamwork -- the same ones we strive to deliver for our customers. We are confident that this will be a fruitful partnership where we can deliver the passion and excitement of Chinese football, and foster even stronger brand connections with our Chinese consumers."

Vice President of the Chinese Football Association Yu Hongchen commented, "We are pursuing the same brand spirit with DHL, which is speed, passion and teamwork. The partnership with a globally respected company like DHL will definitely help CSL to sustain its healthy growth momentum."

Mr. Jerry Hsu, CEO of DHL Express Asia Pacific, said: "Sports ignites passion. As the nation's premier league, the Chinese Football Association Super League has been steadily developing in recent years -- its viewership around the country has reached a record high. Thirty-four years ago, DHL was the first international express company to operate in China and we have grown in tandem with the country's remarkable development. This sponsorship marks our continued commitment to the market, our partners and customers we hope to delight each day with our service."

Chinese Football Association Super League is the most well-received and influential domestic athletic series. In recent years, CSL has attracted significant attention and support from both within and out of China. Partners of CSL benefit from advertising platforms which raise corporate awareness and expand brand influence. CSL is strengthening its partner strategy with the strong addition of DHL, leveraging the passion and support for football in China, and taking its game to the next level.

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POSCO E&C Initiates Carmichael Mine Development in Australia

SEOUL, South Korea, July 21, 2014 /PRNewswire/ -- POSCO Engineering & Construction (CEO: Tae-Hyun Hwang) announced on July 18th that the company has signed an MOU on the 11th with India's Adani Mining for the construction of standard-gauge heavy haul rail line that is to be used for the coal mining project in Galilee Basin Queensland, Australia.

POSCO E&C Initiates Carmichael Mine Development in Australia
POSCO E&C Initiates Carmichael Mine Development in Australia

Upon signing this MOU, POSCO E&C has become the priority bidder for the EPC of a 388km standard gauge rail, which is a project carried out by Adani Mining to connect Carmichael mine with Abbot Point export port, in Queensland.

Construction will begin in the first half of next year, after Adani Mining signing the final contract for EPC with POSCO E&C within this year. The completion of this railway will enable transport of 60 million tons of coal per year.

Adani Group, the parent company of Adani Mining and India's largest integrated private power, port and infrastructure developer, currently operates power generating facilities with a total size of 9,240MW. It also owns Mundra Port in India, which is the biggest port of entry for coal in the world.

The area in which this railway will be constructed expects to create jobs for at least 10,000 people, and the state government of Queensland designated the target area as "strategic development area." Since the route is designed for many parties including other mine developers to use the railway, this project matches the state government's strategic infrastructure policies. Moreover, it is also expected to contribute greatly to the industrial development of Australia, which is the world's biggest exporter of iron ore and coal.

Adani Group Chairman Gautam Adani said, "The rail project will lead to the opening of the Carmichael mine project which will deliver, in excess of 10,000 jobs, and will also provide vital opportunities for Australian Infrastructure development and contribute to energy security of India by lighting the lives of millions of Indians."

Adani Mining CEO Jeyakumar Janakaraj said:  "I am delighted with the way the two teams worked together in a collaborative manner to get this binding agreement signed in a record time. This is the first major step towards finalising the Project's construction contracts and we are proud to be associating with a partner of POSCO's E&C standing. The binding agreement will enable us to develop a cost efficient rail solution and this relationship gives Adani access to Korean market, POSCO's expertise and capital."

"We're happy to be participating in the rail infrastructure development project with Adani, and I'm sure we'll produce excellent results if both companies display all the abilities to the utmost," said POSCO E&C CEO Tae-Hyun Hwang. "This will be the biggest EPC project among the infrastructure projects we're conducting in Australia. We'll complete this project successfully by pulling together all our competences in construction, financing and procurement."

POSCO E&C has experiences in many railway construction projects including the Busan-Gimhae Light Rail Transit and AREX (Incheon International Airport Railroad). The company's participation in this project will further expand the opportunity for POSCO E&C to participate in upcoming projects by Adani Group as well as other railway projects in Australia.

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