TVS cuts price of iQube electric scooter by 11,250 rupees after FAME II subsidy review


Following the recent announcement revision of the subsidy under the FAME II scheme by the government, TVS Motor Company revised the price of its electric scooter, the iQube Electric.

The iQube Electric now costs Rs 11,250 less. From Rs 112,027 in New Delhi, the ecological scooter now costs Rs 100,777 in the capital. And in Bangalore, prices went from 121,756 to 110,506 Rs.

Launched in January 2020, the iQube Electric sold 62 units in FY2020, 1,061 units in FY2021 and 307 units in April 2021.

Commenting on the revised FAME II grant, Sudarshan Venu, Deputy General Manager of TVS Motor Company, said, “We welcome the government’s continued support for electric vehicles. Sustainable mobility solutions are very important for the future and TVS is investing heavily in this direction. Improved incentives for electric two-wheelers will increase penetration. Such political orientation should lead to the local development of future technology. “

Financial year 2021 1,061





Price of the Ather 450X electric scooter down from Rs 14.5k


Picture for reference. Credit – iGuru Crazy

The subsidy on electric two-wheelers has been increased by 50 percent under the FAME II program – up to 40 percent of the total cost of the vehicle

For a year and a half, the electric vehicle (EV) segment has experienced significant growth, especially for two-wheelers. With new manufacturers entering the Indian automotive market, the electric vehicle space has shown tremendous promise for the future.

The Indian government is also doing its part to boost sales of electric vehicles and reduce vehicle emissions by introducing the FAME II (Faster Adoption and Manufacture of Electric Vehicles in India) program. This was done in order to extend support to the right models amid a gradual increase in the number of two-wheelers in the EV space.

Revised FAME II grant

When introduced in 2019 by the Ministry of Heavy Industry (MHI), this policy offered benefits to models that met the eligibility criteria such as a minimum range of 80 km and a minimum top speed of 40 km / h. This scheme offered the advantages of a subsidy amounting to Rs 10,000 per kWh. Now the government has announced a 50 percent subsidy increase which now stands at Rs 15,000 per kWh for all electric vehicles (EVs) and hybrids except buses.

Additionally, MHI has now capped incentives for electric two-wheelers at 40 percent of vehicle cost from the old cap of 20 percent. From now on, the revised policy will apply to electric two-wheelers.

Bajaj Chetak price increase
Bajaj Chetak

Any other changes to the program will be published in the coming days. Given the central government’s intention to make India an electric vehicle nation by 2030 by helping the adoption of electric vehicles, the latest revisions could be extended to the passenger vehicle segment as well.

Ather 450X, 450 Plus price reduction

The increase in the subsidy was immediately reflected in the prices of electric scooters. Ather Energy was the first to follow up on this initiative by reducing the prices of its first 450X offer to Rs 14,500 as a result of this amendment. For Bangalore, Ather 450X now costs Rs 1.44 lakh and Ather Plus now costs Rs 1.25 lakh. All prices are ex-sh.

Calling it a phenomenal move, Tarun Mehta, CEO and co-founder of Ather Energy, added, “Sales of electric two-wheelers have increased despite the pandemic and with this additional subsidy we expect sales of electric two-wheelers are disrupting the market. , and register more than 6 million units by 2025.

MHI has also notified its intention to use aggregation through Energy Efficiency Services Limited (EESL) in order to bring the cost of electric 3-wheelers to the same level as that of IC-powered 3-wheelers. EESL would classify the demand for 3-wheel electric 3 lakhs into several user segments. To date, 76,008 vehicles have been sold under the FAME II program.


ChoiceCash Securities Lending, served by LoanMart, is expanding into

VAN NUYS, Calif., May 27, 2021 (GLOBE NEWSWIRE) — Beginning in 2021, qualified residents of Virginia and Wisconsin have the ability to access ChoiceCash Securities Lending, powered by LoanMart. Previously, ChoiceCash title loans were available to qualified residents of California, District of Columbia, Florida, Indiana, Kansas, Kentucky, Michigan, Mississippi, Ohio, ‘Oklahoma, Oregon, South Dakota, Tennessee, Texas and Washington.

Expanding the service to as many US states as possible has always been a goal for the LoanMart team since the company was established as a local business in California. With customer service, education and safety being central to LoanMart’s mission, the company is proud to expand its service to Virginia and Wisconsin through the ChoiceCash Title Loans product.

ChoiceCash title loans are a type of secured installment loan that allows people to inquire about emergency financing, regardless of their credit history.

For ChoiceCash Securities Lending in Virginia and Wisconsin, the vehicle title is used as collateral to secure the loan financing. This type of protection can allow lenders to offer financing to a wider range of people, such as those with poor credit, no credit, or who have already filed for bankruptcy. Including a streamlined approval process, ChoiceCash Wisconsin Securities Lending and Virginia also offer industry-wide competitive pricing and flexible repayment terms.

Residents interested in receiving a ChoiceCash title loan, serviced by LoanMart, can complete a simple application form on the ChoiceCash title loans website, or can speak directly with a qualified loan officer toll-free by calling 855-914- 2945.

LoanMart is a marketing and servicing agent for ChoiceCash securities loans made by Capital Community Bank, a Utah chartered bank located in Provo, UT, Member FDIC.


        

Beverley Callard of Coronation Street buys £ 5,000 Vespa scooter for ‘shamefully aging’


CORONATION Street legend Beverley Callard bought a £ 5,000 Vespa and vowed to “shamefully grow old”.

The 64-year-old actress made her social media comeback in style yesterday after a five-week absence.

?? To follow our soap spoilers live blog for more news and gossip

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Beverley Callard splashed a new VespaCredit: Instagram

Returning to Instagram on a chic Italian scooter, Beverley has rediscovered her thirst for a living since lockdown restrictions eased.

She wrote: “Hello everyone, I know I’ve been a bit boring and a bit quiet here lately. Hope everyone is enjoying life now that some restrictions have been lifted, we definitely are. .

“@ jonmmac55 and I have had a few little adventures that I look forward to sharing with you soon but for now .. I wanted to show you this … shamefully aging 😂 ..

The actress wants

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The actress wants to “shamefully grow old”Credit: Instagram
She watched the moon with her new scooter

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She watched the moon with her new scooterCredit: Instagram

“Thanks to Chris from @colchesterkawasaki for helping me choose the perfect @vespa. Fantastic customer service if you’re looking to get one 🙌🏻.”

The Liz McDonald actress is in love with her husband Jon, whom she nicknamed “megashag” during his stint in I’m A Celebrity Get Me Out of Here.

Beverley recently revealed that she is going under the knife to have a facelift to extend her career.

The actress – who stepped down as Liz McDonald after 31 years – said she felt the need to do so so she could continue acting despite ageism and sexism in the industry.

Beverley with her husband Jon

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Beverley with her husband JonCredit: Instagram

Speaking on author Melanie Blake’s YouTube Girl Talk series, she said, “I’m not doing this for anyone else.

“I don’t really want to be younger, but I don’t want my professional life to end because of how many years I am rather than anything else.

“Plus I’m never happy with myself, they’re my demons, I hate mirrors, I don’t look at pictures of myself and it’s not false modesty, I just don’t like it.

“Even though we’re in the car and Jon is driving and I lower the mirror, I have to put it back on, I hate that. Of my appearance.”

The actress played Liz McDonald for 31 years

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The actress played Liz McDonald for 31 yearsCredit: Rex

In addition to Corrie, the actress has starred in Two Pints ​​of Lager and A Packet of Crisps and sold-out tours of the Thunder Girls and The Rocky Horror Picture Show.

But she fears her acting career will be over unless she goes under the knife – against the will of her husband and children.

She added: “I want to do it, I have to say Jon really doesn’t want me to do it. We have five kids between Jon and me, and I only said one and this one said ‘ no no no no no’.

“But I’m going to do it and I’m doing it for myself.

“Like I said, I don’t want to be younger, I will never lie about my age, I just hope it makes me a little better.”

Inside the amazing Jon garden pub, Beverley Callard’s mega-hag husband, filled with booze and flashing lights


Benelli Dong electric scooter price launch date in India includes range images, colors and variants


One of the most famous and important automobile manufacturing companies in China, Benelli recently launched a brand new electric scooter named “Benelli Dong” in Asia. The scooter was first launched in the Indonesian market and then launched for the rest of the Asian customers. It has been reported that the manufacturing of this brand new electric scooter is done in-house by the Qianjiang Group, which is the parent company of Benelli. However, the company hasn’t made it clear in which Asian countries it plans to launch the new electric scooter, but we don’t have to wait any longer.

The new Benelli Dong looks quite attractive and pleasing to the eye at first glance, as the company has worked on the rear part of the scooter giving it a unique yet stylish appearance. The scooter comes with a Floorboard and is combined in the rear section. The rear part of the bike is covered with an aluminum frame and also combines a swing arm with the rear wheel allowing the wheel to center vertically. While the rear of the scooter is unique and stylish, the company has kept the front simple and basic.

Electric Dong scooter has several kinds of LED lights, including circular LED DRL and full LED light. Apart from this, the scooter also comes with a high resolution Thin TFT display screen, keeping the requirements of the Asian market in mind. While the new Dong comes with a 1.2 kW motor which gives a top speed of 45 km / h and also this time the company added an unreal sound and not like the usual noise that a scooter makes and the best part is that it can be turned on and off according to the requirements of the riders.

The 1.2 kW motor allows the electric scooter to travel a distance of 60 km and also comes with an adjustable 1.56 kWh lithium-ion battery. The battery gives 24.8 NM of maximum torque. It has been said that the scooter will be available in three different color variations including dark gray, white and blue. Although the manufacturers of the bicycle did not disclose the price of the new “Benelli Dong Electric Scooter” for various Asian markets. However, earlier the company launched the same model in the Indonesian market priced at Rs.1.9 Lakh. Therefore, judging by this, it is highly expected that the new electric scooter will be available at a price somewhat similar to INR 1.9 Lakh subject to some modifications. We’ll keep you posted, until then stay tuned with us.


Aprilia SXR 125 Premium scooter price leaked ahead of launch


Aprilia India plans to launch its Aprilia SXR 125 premium scooter in India. Even though the motorcycle maker has yet to announce the price of the scooter in the Indian market, details of its cost have been leaked to the market.

According to internet leaks, the Aprilia SXR 125 will be launched at a price of Rs 1.16 lakh (ex-showroom) in India. This pretty much means that it is the Aprilia SXR 125 which is only Rs 9000 cheaper than its predecessor Aprilia SXR 160.

Buyers interested in Aprilia SXR 125 in our country can pre-order the scooter on the official Aprilia website. They only have to pay Rs 5000 to reserve the Aprilia SXR 125.

Also Read: Hyundai Alcazar Launch Postponed In India Due To Rise In Covid-19 Cases

Check out some important details about the premium scooter here:

Power: The Aprilia SXR 125 will be powered by a 124.45cc air-cooled four-stroke single-cylinder engine. The scooter develops a maximum power of 9 hp at 7,600 rpm and a torque of 9.2 Nm at 6,200 rpm.

Suspensions and brakes: The premium scooter will have hydraulic suspension at the front and rear. In terms of brakes, the Aprilia SXR 125 will have a 220mm front disc brake and a 140mm rear drum brake.

Color: The Aprilia SXR 125 will be available in four colors, namely Matt Black, Glossy White, Glossy White, Glossy Red and Matt Blue.

In the Indian market, Aprilia sells four variants of Storm 125, SR 125, SR 160 and SXR 160.


Celebrate la dolce vita! Vespa scooter is 75 years old and going strong – Fraser Addecott


Surely one of the most iconic two-wheelers ever built, the Vespa celebrates its 75th anniversary this year.

April 23, 2021 is the official anniversary of the scooter – the date in 1946 when the first patent was filed.

Originally an aircraft company from the 1940s and based in Biella, northern Italy – after the original factory in Pontedera was destroyed by Allied bombers – Piaggio branched out after the war to respond to the need for modern and affordable transport for the Italian mass market.

Led by brothers Enrico and Armando Piaggio, the company first produced a small motorcycle called the MP5.



Designer: Corradino D’Ascanio

Nicknamed Paperino, Donald Duck in Italian, it was not appreciated by Enrico, who then commissioned Corradino D’Ascanio to redesign it.

The aeronautical engineer made it clear that he hated traditional motorcycles, calling them “dirty, bulky and unreliable”.

In response, he proposed the MP6.

D’Ascanio mounted the 98cc two-stroke engine alongside the rear wheel, which was driven directly through the transmission, eliminating the need for a “dirty” oily chain.

The scooter had a through-beam, with stress-resistant steel panels, one-sided front suspension, interchangeable front and rear wheels on steering knuckles and even a spare tire.



Original: 1946 <a class=Vespa” content=”https://i2-prod.mirror.co.uk/incoming/article23952783.ece/ALTERNATES/s615b/0_Original-1946-Vespa.jpg”/>
Original: 1946 Vespa

The Vespa was one of the first vehicles to use unibody construction, in which the body is part of the chassis – now common on motorcycles.

The wording of the 1946 patent summed up the thinking behind the new scooter – and still seems relevant today.

He spoke of a “practicality model”, with “rationally placed parts and elements” and a “combined frame with mudguards and an engine cover covering all working parts”.

Browse over 19,000 new and used bikes for sale at Autotrader.co.uk/bikes

He added that it “constitutes a rational and comfortable motorcycle offering protection against mud and dust without compromising the requirements of appearance and elegance”.

In 1947 the company sold 2,500 units, but by 1950 that had climbed to 60,000.



On the map: poster from 1953 for the Roman festival
On the map: poster from 1953 for the Roman festival

The scooter received a huge promotional boost in 1953 when Audrey Hepburn sidelined on Gregory Peck’s Vespa in the Hollywood hit movie Roman Holiday.

The city and its mode of transport have become associated around the world with “la dolce vita” – the sweetness of life.



British brochure from 1949
British brochure from 1949

By the mid-1950s, Vespas were being manufactured under license in countries all over Europe, including the UK, with one million sales in 1956 and two million in 1960.



Soaring: sales take off in the 1950s
Soaring: sales take off in the 1950s

New models were introduced using 50cc and 125cc engines.

Sales reached four million in 1970 and, by the end of the 1980s, 10 million.



1953 Vespa Torino
1953 Vespa Torino

The success and love for the Vespa shows no signs of slowing down, with 1,800,000 produced over the past decade.

For the anniversary, the firm released a 75th special edition, comprising the Primavera and GTS models.

They sport a metallic yellow livery, representing a color “in vogue” in the 1940s and a subtle “75” on the panel.



Unique: Vespa Primavera 75th
Unique: Vespa Primavera 75th

There is a nubuck leather saddle, matching rims with a “diamond finish” and plenty of chrome parts.

A rear luggage accommodates a special personalized leather bag with waterproof cover.

The scooters have a 4.3 inch color TFT dashboard and smartphone connectivity with the Vespa MIA app.



Anniversary Edition: Vespa Primavera 75th
Anniversary Edition: Vespa Primavera 75th

Scooters come with a “welcome kit” which includes a silk scarf, vintage steel Vespa plaque, owner’s booklet and collectible postcards from eight decades of Vespa history.

A 75th jet helmet in dark smoky gray with metallic yellow graphics is also available, priced at £ 180.



Stylish: 75th anniversary jet helmet
Stylish: 75th anniversary jet helmet

The Primavera 75th 125cc costs £ 4,900.

The GTS Super Tech 75th costs £ 6,100 for the 125cc and £ 6,650 for the 300cc.

Get one now and enjoy la dolce vita.

Browse over 19,000 new and used bikes for sale at Autotrader.co.uk/bikes


Bajaj plans to expand the Chetak electric scooter market; The price has gone up again


When Bajaj decided to enter the electric vehicle segment, he rightly named the first electric scooter Chetak. This was done to pay homage to an old vehicle that was probably the most used two-wheeler in India and its name had become synonymous with two-wheelers in the good old days.

While it’s not clear if it’s about the nostalgia or the quality of the new electric scooter or even both of them paired with the limited options of good electric scooters, the new Bajaj Chetak has been in high demand since the announcement. The company recently resumed online booking for the scooter, but decided to put it on hold again due to “high demand”.

Apart from the brake on online reservations, Bajaj has also increased the price of its electric two-wheeler. The Chetak, a name that equated to affordable personal transport, comes in a few variations – Urbane and Premium and is now priced at Rs. 1,42620 and Rs. 1,4,620 respectively. This is also the second price increase in as many months. Last month the price of these scooters was increased by Rs. 5,000 and now the price has been increased by around Rs. 27,000 on the last round.

Expensive and unavailable

At the current selling price, the price of the Bajaj Chetak electric scooter is almost similar to that of another high-end Ather 450X electric scooter which sells for between Rs. 1.28 lakh going up to Rs. 1.47 lakh for the high-end variant. Speaking of a slightly cheaper option, we have the iQube TVS which sells for around Rs. 1.08 lakh in Delhi through Fame II grants and around Rs. 130,000 in most other places.

Incidentally, Bajaj also announced that it is adding Chennai and Hyderabad to the list of cities where the battery-powered Chetak will be available for purchase. Previously, sales were limited to Pune and Bangalore only.

Ather and Bajaj both claim that their scooters sell in large numbers, however, these are high-end electric two-wheelers that are not helping the cause by bringing the mass adoption of electric vehicles in India. While Ather has added several new cities to their repertoire, Bajaj only sells in 4 cities in India.

On the other hand, Ola Electric, the EV arm of OLA, had recently stated that it would introduce a new smart electric scooter soon. This scooter is aimed at the mass market and therefore Ola wants to make these scooters on a large scale and has hinted that the price of the scooter will be aggressive.

Learn about consumer tech news you can use, the latest reviews, and buying guides. Follow TechRadar India on Twitter, Facebook and Instagram!



Bajaj Chetak electric scooter price mileage launch date features color variant and top speed


Bajaj Automotive is about to launch a two-wheeled electric scooter, “Bajaj Chetak” in the two metropolitan cities, Bengaluru and Pune in India. With the increase in the price of gasoline and also with the changing demand, Bajaj Auto has developed this brand new model. With extremely high demand for this new model in the Indian market, the company had to close the online pre-booking window and then reopen the booking window. At present, the new two-wheeler model will be available in the cities mentioned above, but it is highly anticipated that to increase sales of the units, the company will launch this brand new model in other cities around the world. ‘India.

The body of the two-wheeler is made of steel and has rear and front LED turn signals, LED headlights and a reverse mode. Chetak has a regenerative braking system and comes with a one-sided tubular front suspension. The electric scooter contains a 4 kW motor which is combined with a 3 kWh IP67 lithium-ion battery. There is a 5A socket and 220V three-prong AC power. In one hour, the battery can be charged to 25% of its capacity, while it will take 3.5 hours to charge the battery to 80%. It will take 5 hours to fully charge the battery.

As we mentioned earlier, the company has closed the scooter reservation due to the huge demand, but now that they have opened the electric Chetak reservation window, the company is doing their best to meet the demand. of its brand new scooters. . As the demand for the scooter is high, the company has increased the price of the Chetak by Rs. 27,000. Thus, the starting price from showroom in Pune of Chetak is around INR 1,42620. According to the sources, the scooter will be available in two different color types, White and Citrus Rush.

While rival companies from Bajaj also launched an electric scooter, TVS iQube and Ather 450X. The ex-showroom price of TVS iQube is Rs. 1.47 lakhs while that of Arther 450X is Rs. 1.08 lakh. Well you may all know that Baja Auto is one of the biggest auto manufacturing companies in India and is based in Pune. To date, the company has 18 Chetak dealers in India and five of them are located in Pune and the rest are established in the cities of Bengaluru. Bajaj plans to launch the “Bajaj Chetak Electric Scooter” in other metropolitan cities in India soon. The electric scooter is a good step towards preserving gasoline for future generations and will also help reduce air pollution in cities.


The price of Bajaj Chetak electric scooter has increased significantly


Bajaj Chetak electric scooter now costs much more than before.

  • The prices of the two versions of Bajaj Chetak – Urbane and Premium – have increased

  • Reservations for the Chetak electric scooter open for 48 hours, closed again

Last month, the Chetak experienced its first price increase this took the price of the more affordable Urbane variant from Rs 15,000, while the Premium variant increased by Rs 5,000. This price increase was announced as the company still did not accept reservations for its scooter electric.

Bajaj recently temporarily reopened reservations a few days ago on a first come, first serve basis. The company said a large number of confirmed orders had been placed by customers, forcing it to stop accepting reservations within 48 hours. Bajaj said he will review the offer situation and announce the next booking opportunity.

The biggest news, however, was the price at which it was sold. The latest price for the Urbane is Rs 1,42620, while the Premium will set you back Rs 1,44,620. This is an increase of Rs 27,620 and Rs 24,620, respectively.

To recap, the Premium model gets additional metallic color options, a dark / light beige saddle, metallic colored wheels and a front disc brake. The Urbane model, meanwhile, lacks the metallic color option and uses a drum brake up front.

The high price brings the Chetak almost on par with the Ather 450 Plus (Rs 1.40 lakh) and Ather 450 X (Rs 1.59 lakh). Another rival, the iQube TVS, costs Rs 1.36 lakh and is available in Bengaluru and Delhi.

All prices, ex-showroom, India.

Also see:

Bajaj Chetak review, test ride

Bajaj Chetak: From creation to rebirth

Bajaj Chetak Electric Scooters Image Gallery


Kabira Mobility Launches Hermes 75 Commercial E-scooter Price At Rs 89,600 Check Specs


The most popular and formidable automotive manufacturing company, Kabira, has launched their brand new electric scooter with the name of the Hermes 75 commercial electric scooter in the market. Goa-based EV startup Kabira Mobility has expanded its line of electric scooters by launching the new scooter and this scooter is designed with in mind that it will give the rider a last mile delivery demanded of cyclists. The electric scooter is priced at Rs 89,600 which corresponds to the ex-Goa showroom and this great and amazing scooter will be open for sale from June 2021 in all authorized Kabira Mobility showrooms. This scooter will surely catch the attention of buyers with its unique and outstanding features and designs.

The recently launched Hermes 75 commercial electric scooter contains the 2500W Delta hub motor supplied with the 60V 40Ah lithium-ion battery, which is really a good choice for the scooter. The company said the scooter can easily charge to 100% in just four hours of charging, which means the scooter supports fast charging support. If the rider has charged this scooter to the maximum, it will surely give you a backup battery for a long time, and the rider can easily cover the distance of 120 km with the maximum speed of 80 km / h.

The battery company offers a choice of fixed and swappable battery for riders where they can easily swap and change the scooter battery with so much smoothing. The fixed battery of the electric scooter will offer the rider a range of up to 120 km while in interchangeable battery mode, it will provide you with 80 km. The features of the scooter are that it supports the digital infotainment panel with 12 inch tires which supports dual discs and a synchronized braking system.

In early 2021, the company launched two scooters bearing the name of KM3000 and KM4000 electric bikes in the Indian market and in one day the company is collecting a total of 6,000 bookings for both models and after seeing this hype, it is expected that the new scooter will surely be loved by riders.

Kabira Mobility CEO Jaibir Singh Siwach said of this scooter that the company is responding to the Indian government’s idea of ​​offering green versatility to all customers. The Hermes 75, the company plans to move delivery associates to the last mile and offer them green movement solutions with reduced operating and service costs, which is certainly a top choice for consumers and resellers.


Kabira Mobility launches the Hermes 75 high-speed electric delivery scooter: price, range, top speed, specifications


Kabira Mobility High Speed ​​Electric Scooter Hermes 75 is powered by 60V40AH Li-ion battery which supports fast charging whereby the battery can be charged in 4 hours.

Kabira Mobility has announced the launch of its high speed delivery scooter – Hermes 75. The new electric vehicle launched is a ‘Made in India’ product and the company claims that it has been designed to provide environmentally friendly mobility solutions. environment until the last mile. the partners. Hermes 75 is available in fixed and exchangeable battery options. While the fixed battery provides a range of up to 120 km, the interchangeable battery allows the rider to cover 80 km on a single full charge under standard conditions. Hermes 75 is powered by 60V40AH Li-ion battery which supports fast charging. Thanks to this, the scooter battery can be charged in 4 hours. Hermes 75 comes with a 2500W DeltaEV hub motor which develops a peak power of 4000W.

The maximum speed of the electric scooter is 80 km / h, making it one of the fastest commercial electric two-wheelers available on the market. Hermes 75 electric scooter has been fitted with 12 inch wheels and has features such as synchronized double disc braking system, fully digital dashboard, mobile app with IoT. The company claims the Hermes 75 is the first commercial delivery electric two-wheeler approved under the FAME II grant. Hermes 75 is priced at Rs 89,600 (Ex-showroom, Goa) and will be available in all of the company’s showrooms from June 2021.

Kabira Mobility’s product portfolio already includes two electric bicycles, namely the KM3000 and the KM4000. These two electric bikes received an overwhelming response from buyers, as over 6,000 units were booked in just 96 hours. Commenting on the launch, Jaibir Singh Siwach, CEO of Kabira Mobility, said the company is in line with the Indian government’s vision to provide green mobility for all. He adds that with the launch of Hermès 75, the brand intends to reach last mile delivery partners and provide them with environmentally friendly mobility solutions. He also said the low operating and maintenance costs will make it the right choice for runners and partners as well.

Stay tuned for more news!

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Pritzker signs law to cap high interest payday loans and securities lending | Chicago News

Governor JB Pritzker signed the Illinois Predatory Lending Prevention Act late last month, which caps annual interest rates on short-term loans at 36%.

The law, which took effect immediately, has an impact on payday loans – typically a two-week loan in which the money is taken from the borrower’s next paycheck. It also has an impact on auto title lending and other short-term loan products.

“Anything over 36% is predatory and wear and tear,” said State Senator Jacqueline Collins, who co-sponsored the measure. “So we know that high cost payday loans and auto loans have robbed communities of billions and billions of dollars, primarily black and brown communities in the state of Illinois.”

Kesha Warren knows the high cost firsthand. When she needed a short-term cash injection of $ 1,250 to cover the wage costs of her small janitorial services business in 2019, she took out an auto title loan, a short-term loan that uses the borrower’s vehicle as collateral.

She says she has been left out of more traditional bank loans.

“No one wants to lend to someone who has $ 100,000 in student loans, so it was very difficult for me to get a traditional loan,” Warren said.

The loan carried an annual interest rate of 197%. This inflated her original loan by $ 1,250 into a total payment of $ 3,400 which she repaid earlier this year. If she hadn’t, it could have cost her an additional $ 2,000.

But Steve Brubaker, who is lobbying the state government on behalf of the Illinois Small Loans Association, says the statutory 36% rate cap will effectively put most payday and auto title stores out of business, while cutting a lifeline for borrowers with poor credit.

“We are closing these stores, we are laying people off, we are not giving customers any options and we are taking a billion dollars out of the market that was used to fix your car, buy a new refrigerator, spend on children’s clothes for. school, ”Brubaker said.

The average APR for an auto title loan in Illinois is 197%, according to statistics from the Illinois Department of Financial and Professional Regulation. The average rate for payday loans is 297%.

But Brubaker says the numbers are misleading. When you measure the typical two-week loan term, it comes down to about $ 15 per cent.

“When they see this giant figure, they misunderstand what the customer has to pay back,” Brubaker said. “The average payday loan amount in 2019 was $ 340. And the average fee amount was $ 52.

Brent Adams is Vice President of the Woodstock Institute, a non-profit organization that advocates on behalf of low-income communities and communities of color. He says the payday loan industry relies on inserting borrowers into a never-ending cycle of debt with hidden running costs.

“The business model is to keep the consumer on the loan, so when the bill comes due, the lender will offer an option to roll over the loan, refinance it, take out a different loan, a number of options,” Adams said. . .

“It is seen as an opportunity to be able to meet needs, but in reality it is (to enter) a cycle of debt,” said Lizette Carretero, head of financial well-being. the resurrection project. “We see it mostly in communities of color, we see it in households earning less than $ 25,000 a year.”

Even if Pritzker signed the legislation, the problem might not end there.

Opponents of the payday loan industry say they are concerned about a series of bills currently circulating in the General Assembly. They say these bills would take away some of the protections in the new law.

State Senator Sue Rezin is a sponsor of one of these bills in the Senate, SB2306, which she said would protect consumers while giving them access to lending options.

Senate Bill 2306 proposes a straightforward amendment to the Predatory Loan Prevention Act that would continue to allow traditional financial institutions to offer convenient and well-regulated auto loans to consumers in Illinois through Illinois auto dealers, ”Rezin said in an emailed statement to WTTW News. .

“Protecting Illinois consumers is essential, which is why my bill strikes a balance between protecting Illinois consumers and ensuring secure access to auto credit. Under this legislation, interest rate caps are still in place to protect consumers from predatory lenders. I look forward to working with all parties to address their specific concerns as we move forward with this bill. “

State Representative John Carroll, who sponsored a similar bill in the House of Representatives, declined to be interviewed.

Brubaker says he believes the 36% rate cap will unintentionally push borrowers into even more dangerous and unregulated online lending products.

But Collins says credit unions and community banks can pick up the slack, and ending predatory lending helps eliminate systemic racism.

“Unless we really face these policies and institutional barriers, we will always face policies that preserve inequalities,” Collins said.

The Resurrection Project Carretero agrees. “We understand that people (enter) these programs because of credit issues. We strive to work with credit unions, community banks, second chance products from real institutions that allow you to get back into the financial sector and seek opportunities to create a better financial journey, ”he said. she declared.


The price of the Bird ES1 + electric scooter is expected to be 50,000 rupees


Bird ES1 + electric scooter

Bird ES1 + is essentially a rebadged SuperSoco CUx electric scooter that will be assembled at Bird Mobility’s facilities in Manesar

At last year’s Auto Expo, we were fortunate to see a plethora of electric vehicles (EVs) coming up, especially in the two-wheeler segment. While only a few of them were from already established car manufacturers, most of them were deals from relatively new start-ups trying to break into the Indian car industry.

One of them was Bird Electric Mobility Pvt. Ltd.– a subsidiary of the Bird group, which presented its lightweight ES1 + electric scooter. Since then, there haven’t been many updates regarding the upcoming e-scooter now. The electric mobility company has now confirmed that at the time of its launch, the ES1 + electric scooter will be offered for around Rs 50,000 (ex-showroom).

New conditions under the memorandum of understanding

This would easily make it one of the cheapest electric two-wheelers in the country. In addition, according to a recent update, the company has signed a memorandum of understanding with Australian electric mobility company VMoto, which owns the exclusive rights to sell and market VMoto and SuperSoco products worldwide, except in China.

VMoto already retail a number of electric two-wheelers under the SuperSoco brand including TSX, TS, CPx, CUx and many more. The company will also launch its entry-level offering in the form of the CUMini e-scooter.

Bird ES1 + electric scooter
Bird ES1 + electric scooter

Under the terms of the recent MoU, Bird Mobility would purchase 20 samples from the next CUMini for testing this month. These test units could be tested in a government-funded ridesharing project in New Delhi.

The scooters could then be renamed to Indian entity at a later stage. ES1 + is essentially a rebadged CUx electric scooter which, at the time of its unveiling at last year’s Auto Expo, was advertised to be assembled at Bird Electric’s factory in Manesar.

Design, features and specifications

Speaking of ES1 + electric scooter, it takes a minimalist approach to its design that includes a sharp LED headlight and LCD instrument cluster and high-end switch set. It has a split seat and LED taillight, while its clean slate look gives it an understated image.

Bird ES1 + electric scooter
Bird ES1 + electric scooter

In terms of dimensions, the electric scooter is 1,782mm in length, 727mm in width and 1,087mm in height. It offers a wheelbase of 1217 mm while the seat height is very accessible at 720 mm. The ground clearance is pegged at 140 mm.

Compliant with its specifications, it is powered by a 3 Ah lithium-ion battery that drives a 1.6 kW electric motor identical to that of the CUx. The e-scooter offers a range of 55 km on a single charge while it can reach a top speed of 45 km / h.

Bird ES1 + electric scooter
Bird ES1 + electric scooter

It rolls on 12-inch wheels and tilts the scale at just 62 kg. The hardware specifications of the electric scooter include telescopic forks at the front and double-spring shocks at the rear. Braking functions are provided by disc brakes at both ends.

Scheduled launch

The batteries of the electric scooter will be exchangeable and it will be imported to India as a CKD product from China and assembled locally in India. Earlier last year, Bird Electric announced that ES1 + would first launch in Delhi-NCR, followed by other Tier 1 and Tier 2 cities. Although an exact launch timeline has yet to be announced. revealed, we expect it to launch by mid-2021.

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Yamaha Tricity 155 2021 Scooter (bike review) • Australia Exhaust Notes


2021 Yamaha Tricity 155

WHAT better way to experience this friendly city commuter than to roam the streets amid Sydney rush hour traffic. We immediately noticed how stable the Yamaha Tricity 155 2021 is, with its unique 3-wheel setup.

Every turn is smooth, stable and unrestricted, without that jerk feeling that most scooters give with their light weight and thin tires. This setup is the perfect combination for a new or inexperienced rider.

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Crawling at super low speed is also easy, and you won’t find yourself zigzagging in your lane. But don’t be fooled by the look of the two front wheels, when stationary you still have to put your feet up.

The Tricity’s 155cc 4-stroke blue-core engine provides enough power to get you up to speed quickly and is very fuel efficient. You also won’t have to worry about stopping too often to refuel, thanks to the 7.2-liter capacity.

Paired with a V-belt automatic transmission, leaving traffic behind after lane screening is an effortless task. You will never be waiting in a traffic queue again. This bike isn’t just a short-haul commuter either.

The Tricity 155 scooter rides happily at 80 km / h, which is great for those longer runs you might need to do.

The suspension features telescopic forks with 90mm of travel at the front and a unitary swingarm with 90mm of travel at the rear, the combination providing a pleasant ride, although on rough roads the front end may be very hard.

2021 Yamaha Tricity 155
2021 Yamaha Tricity 155

Featuring a unified braking system that applies the brakes to all three wheels, the Yamaha is equipped with two 220mm hydraulic front discs and one 230mm rear disc, with ABS security.

The braking performance is exceptional, as is the build quality. Nothing seems cheap and every detail is well thought out, right down to the sleek folding footrests and grab handles that are cleverly integrated into the subframe design.

The windshield fits perfectly into the design and helps protect the rider from the wind. The inner front fairing includes a waterproof compartment with a 12 volt outlet for charging the phone, although it is very snug and it was almost impossible to fit our iPhone in it.

Ladies even receive a well-placed purse / shopping bag hook, designed so there is no chance of it falling. The under-seat storage is very large and a full-size helmet fits easily, even with gloves and a light jacket.

We would, however, like to see a 12 volt outlet or a USB charger. The seat locking system is very easy to use and hassle free.

The handlebar mounted controls are all well positioned and easy to use. Fitting a phone for navigation could prove difficult, however, with a cover hiding the handlebars. A parking brake lever is also provided so that the scooter does not move from its mount when parked on steep inclines.

2021 Yamaha Tricity 155
2021 Yamaha Tricity 155

We found the seat comfortable and supportive, with room to adjust the position. The height of the seat was perfect for resting your feet as well, at least for this writer. A taller person, however, can feel a bit cramped.

The LCD display is well laid out and easy to read, with two trip meters, a fuel gauge and a temperature gauge. Above the screen is a group of LEDs, including an Eco LED. At night, this light is very bright and quickly becomes annoying.

An LED headlight illuminates the road well at night and during the day a stylish parking light.

Weighing 165 kg, it is not the easiest scooter to maneuver while parking. It also takes a bit of effort to mount it on the center stand, but luckily there is a side stand that is easy to use.

If you’re tired of sitting in public transport next to someone who isn’t taking a shower and you’re looking for a new way to get to the city, the 2021 Yamaha Tricity 155 offers an affordable and enjoyable alternative to daily trips.

Priced at $ 7,149 for the ride, it’s available in milky white only.

2021 Yamaha Tricity 155
2021 Yamaha Tricity 155

Our test bike was provided by Yamaha Motor Australia. To learn more about the 2021 Yamaha Tricity 155, contact your local Yamaha dealer.

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Denver could make scooter and bike a more permanent fixture on city streets


Denver’s first temporary foray into the world of shared scooters and bikes is coming to an end, but city officials said Thursday they were ready to embark on a longer-term relationship.

The Denver Department of Transportation and Infrastructure is offering five-year licensing agreements with Lyft and Lime for up to 1,500 scooters and at least 300 bikes per company, according to a press release. The deals would give Lyft and Lime exclusive market access after licenses expire for other companies in the city, like Bird and Spin, according to department spokeswoman Nancy Kuhn.

The new contracts would include free or discounted rides for some low-income users and the requirement that part of the scooters and bikes be deployed outside the city center, said Nicholas Williams, acting chief of staff. of the department.

Scooters in particular have divided many people in Denver – seen either as a fun way to get around town, or as the cause of injuries, blocked sidewalks and a slap in the face. They were banned near Coors Field during Colorado Rockies games after an accident near the stadium.

Meanwhile, Denver B-Cycle, the city’s first shared micromobility system, saw ridership drop from a peak monthly average of 31,435 in 2014 to 25,453 in 2018, causing its demise l ‘last year.

Ridership with the remaining shared bikes continued to decline and Williams said the new contracts should fill some of the void left by B-Cycle’s departure. Between April 2020 and January 2021, shared scooters averaged about 172,000 trips per month and shared bikes averaged about 6,400 trips per month.

The disadvantages of shared bikes, scooters

Sharing scooters and bikes is a fun and original way to get around town, according to Jill Locantore, executive director of the nonprofit Denver Streets Partnership, which advocates “friendly streets.”

But discussions of shared streets and cycle lanes, however, often bring up a chorus of people who say they feel their cars are increasingly unwelcome. The speech amounts, as one city councilor said last year, to some sort of battle for the soul of Denver.

Scooters left ‘messy’ on sidewalks can block paths and create trip hazards for blind and wheelchair users, said Gary Van Dorn, treasurer of the Colorado National Federation of the Blind’s Mile High Chapter . Blind people using canes can easily miss them and the same goes for those who rely on guide dogs.

Businesses should also include an easier way for visually impaired people to file complaints about scooters or bikes left on sidewalks, he said, suggesting using a QR code.

“How is a blind person going to read the serial number?” Van Dorn said. “How would we know where he is?” ”

To be clear, Van Dorn said, the federation isn’t so much against ridesharing programs as it wants to ensure that scooters are used responsibly and that the city regulates the industry accordingly.

Extensive support for shared streets

As more and more people embrace these modes of transportation, Denver will see less pollution and traffic. Locantore said this was also true for shared streets and dedicated bike lanes. The more infrastructure Denver has for cyclists, the safer people will feel and the more they will want to ride a bike, she said.

The pandemic has renewed interest in cycling across the country, and a small local poll from Denver-based public affairs company OnSight – commissioned by Locantore – indicates some of that interest will continue once the pandemic hits. finished. Of the 585 people surveyed, 31% said they plan to cycle more than before the pandemic and 51% said they would ride as much as before.

Additionally, 68% said they supported the shared streets program and 79% said they supported Mayor Michael Hancock’s goal of creating 125 miles of dedicated cycle paths by 2024.

Locantore also believes that a shared scooter or bike ride can lead to more consistent attendance.

“It could be some kind of a gateway drug,” Locantore said. “It can be that huge revelation of ‘Hey, this is really great.'”

Denver currently has 2,490 total scooters from Lime, Lyft, Bird and Spin, Kuhn said. Lime is the only bike share company, with 500 on the streets.

The new contracts would increase the number of scooters and bikes, Williams said, by allowing a total of 3,000 scooters and at least 600 bikes. Lyft and Lime will need to maintain a 5-to-1 ratio of scooters and bikes on any given day. For example, if Lime sends 1,000 scooters for a day, they must also provide 200 bikes.

A representative from Lime declined to comment on the pending contracts, which are expected to be presented to the city council’s land use, transportation and infrastructure committee on Tuesday before coming to the full council for approval.


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Bajaj Chetak Electric Scooter Price Rise


The Bajaj Chetak electric scooter saw its first price hike.

Bajaj had launched its electric scooter, the Chetak in two variants – Urbane and Premium. The Urbane is the more affordable variant and was originally launched at Rs 1 lakh, and now costs Rs 1.15 lakh. The Premium variant, meanwhile, was priced at Rs 1.15 lakh, and it now costs Rs 1.20 lakh.

To recap, the Premium model gets additional metallic color options, a dark / light beige saddle, metallic colored wheels and a front disc brake. The Urbane model, meanwhile, lacks the metallic color option and uses a drum brake up front.

It is powered by a 3.8 kW / 4.1 kW (continuous / peak power) electric motor, which sends power to the rear wheel through an automated transmission. This motor is powered by a lithium-ion battery that claims to offer an actual range of 95 km in Eco mode and 85 km in Sport mode. Bajaj also offers a three year / 50,000 km warranty on the IP67 rated battery. The charging time on the Chetak is 5 hours for 100% and 1 hour for 25%.

In terms of competition, the Chetak faces the Ather 450 Plus (Rs 1.28 lakh) and the Ather 450X (Rs 1.47 lakh). It also rivals the iQube TVS, which is priced at Rs 1.08 lakh.

All prices, ex-showroom, Delhi.

Also see:

Bajaj Chetak review, test ride

Bajaj Chetak: From creation to rebirth

Bajaj Chetak Electric Scooters Image Gallery


Lime to unveil new electric scooter, bike ride Saturday in Tampa


TAMPA, FL – On Saturday, Lime, the electric scooter rental provider in Tampa, will host a demonstration of its award-winning electric bike and a new improved scooter model at 10 a.m. at Portico, 1001 N. Florida Ave.

Lime is offering to bring his new scooter to serve Tampa residents as part of the city’s selection process for the next phase of its micromobility program. The new Gen 3 scooter that Lime will present features improved brakes, suspension, handling and shock absorption.

WellBuilt Bikes, a social enterprise organization that trains homeless Floridians to build and repair bikes, then donates the bike for free, and Pedal Power Promoters will join the protest.

Lime has named WellBuilt Bikes as a Lime Hero partner, which means riders will be able to round up the cost of their rides to improve mobility for those less fortunate in Tampa.

As part of the demonstration, Lime will also be offering a First Ride Safety Course to residents of Tampa. Lime’s signature First Ride courses help new and inexperienced riders learn about electric scooters in a low-stress environment. The course includes safety tips and a short riding lesson to cover acceleration, braking, cornering and responsible parking.

Tampa began offering its electric scooter rental program in May 2019.


How To Find The Best Securities Loans Online

Sometimes life circumstances require you to assess your financial situation and you may decide to go for a title loan to cover an unforeseen expense. Although this type of loan comes with high interest rates and often requires you to comply in the short term, some people choose them because they do not take into account the applicant’s credit rating and usually they can. be approved very quickly. Looking for the best online securities lending, target anti-scam or financial review sites to see if people have made complaints about their services. In these reviews, you will also get a better overview of the title lender’s application process. If you are considering a title loan to help pay for an unexpected expense, the collateral asset most often requested by lenders is a vehicle. If you are planning to go for a title loan in the near future, we are sharing some information on how to find the best title loans online.

Check licenses

One of the first steps you need to take once you have located a business that offers these types of services is to make sure that they are legally licensed to operate in your area. Usually, you can look at online directories dedicated to listing licensed securities lending companies, or the company‘s website should display and use this information. If you go to their offices in person, they should display the business license in a public space.

You should do your research beforehand and ask for more options by consulting your friends and family or going online. Too many people fall into the trap of crooks who take advantage of their victim’s poor financial situation. Take every precaution to ensure that you have chosen a legitimate business and that they will keep your collateral assets safe. Look around their desks and assess how they maintain their workspace, how they treat other customers, and how they respond to your requests. Any securities lender should be transparent in their operations and willing to dispel your doubts about how they will manage your assets while you agree to repay.

Search Reviews

Before deciding to go ahead with a contract, another good practice that you can follow is to do a quick online search for other clients’ reviews of the securities lending provider. As you read these reviews, take notes on their comments on customer service and contractual agreements. Some may require you to verify your identity via a phone call, while others may go through the entire application online. These customer reviews can also determine whether the lender requires visual inspections of your car before releasing the agreed amount. All of these details are critical in determining whether you’ll be dealing with a respectable company or whether you should avoid a potential scam.

Understand the reimbursement conditions

Once you have several options at your fingertips, start comparing their fees, interest, and rent. Usually when you ask for more money, the overall cost will be higher as well. If you opt for a longer repayment term, keep in mind that this may impact the total amount you repay the company. A rule of thumb for title loans should be a 30-60 day repayment term, similar to payday loans, and make sure the interest rate never exceeds 30% of your principal.

Depending on the lender, the fine print can specify restrictions that can work against you significantly. For example, they can add penalties associated with prepayments or impose mileage restrictions on your vehicle as an excuse to reject it as a collateral asset. Check every detail of every form before filling in your information and remember that you have the right to look at other options and not to go ahead with a title loan if you don’t feel comfortable. with that.

The search for financial solutions can become a complex situation without clear direction. Some people go through a title loan and may find themselves in a worse situation if they do not meet the repayment options. You need to understand the implications written into the contract and develop a savings plan yourself that will keep you afloat and keep your vehicle. And last but not least, even if it seems a little obvious: try to choose a lender who will allow you to continue using your car for the duration of the contract. Not all businesses have the same policies regarding collateral assets, so stay tuned if you don’t want to waste your only mode of transportation for instant cash!

How to find the best title loans online

Sometimes life circumstances force you to assess your financial situation and you may decide to take out a title loan to cover an unexpected expense. Although this type of loan comes with high interest rates and often requires you to comply in the short term, some people choose them because they do not take into account the credit score of the applicant and generally they can be approved very quickly. By looking for the best title loans online, aim for anti-scam or financial review sites to see if people have made complaints about their services. In these reviews, you will also get a better insight into the title deed lender’s application process. If you are considering a title loan to help pay for an unexpected expense, the collateral asset most often requested by lenders is a vehicle. If you are considering going for a title loan in the near future, we are sharing some information on how to find the best title loans online.

Check licenses

One of the first steps to take once you find a company that offers these types of services is to make sure they are legally licensed to operate in your area. Usually, you can check online directories dedicated to the list of licensed title lending companies, or the company’s website should display and use this information. If you visit their offices in person, they must display the business license in a public area.

You need to do some research beforehand and ask for more options by consulting your friends and family or going online. Too many people fall for scammers who take advantage of their victim’s poor financial situation. Take every precaution to ensure that you have chosen a legitimate company and that they will hold your collateral assets securely. Look around their office and assess how they maintain their workspace, how they treat other customers, and how they respond to your requests. Any title lender should be transparent in their operations and keen to clear up your doubts about how they will manage your assets while you commit to repay.

Search Reviews

Before you decide to go ahead with a contract, another best practice you can follow is to do a quick search online for other clients’ reviews of the title lending provider. As you read these reviews, take notes on their comments about customer services and contractual agreements. Some may require verifying your identity via a phone call, while others may go through the entire application online. These customer reviews may also indicate whether the lender requires visual inspections of your car before releasing the agreed amount. All of these details are essential in determining whether you will be dealing with a reputable company or whether you should steer clear of a potential scam.

Understand repayment terms

Once you have several options at hand, start comparing their fees, interest, and rents. Generally, when you ask for more money, the overall cost will also be higher. If you opt for a longer repayment term, keep in mind that this may impact the total amount you pay back to the company. A rule of thumb for title loans should be a repayment term of between 30 and 60 days, similar to payday loans, and checking that the interest rate never exceeds 30% of your principal.

Depending on the lender, the fine print may specify restrictions that can work against you significantly. For example, they may add penalties associated with prepayments or place mileage restrictions on your vehicle as an excuse to reject it as a collateral asset. Check every detail of every form before filling in your information and remember that you have the right to look at other options and not go ahead with a title loan if you don’t feel comfortable. with that.

Finding financial solutions can become a complex situation without clear guidelines. Some people go through a title loan and may end up worse off if they don’t comply with the repayment options. You must understand the implications written in the contract and work out a savings plan yourself that will allow you to stay afloat and keep your vehicle. And finally, even if it seems a bit obvious: try to choose a lender that will allow you to continue using your car for the duration of the contract. Not all companies have the same policies regarding collateral assets, so keep an eye out if you don’t want to lose your only means of transportation for instant cash!

Bounce Infinity E1 electric scooter price revealed

It is the E1 and its price is Rs 68,999 (ex-showroom, Delhi) and there is another attractive option offered by the company. Its price starts from Rs 45,099.

Concluding for this, customers can pay for battery swaps, whenever they want to replace an empty battery with a fully charged one through Bounce’s extensive switching network.

This lowers the handling costs of the scooter, by 40% compared to other conventional scooters.

The price is Rs 45,099 (ex-showroom, Delhi) without the battery.

this E1 is available in five colors: gradient red, shimmer black, pearl white, desat silver and comet gray.

The company had previously started pre-bookings, with deliveries scheduled for March 2022.

It also comes with a 3-year warranty, up to 50,000 kilometers. The scooter is powered by a 2 kWh lithium-ion battery and with an IP-67 standard.

The total claim range is 4-5 hours of 85 kilometers. The top speed is 65 km/h, and the 0 to 40 km/h is timed in 8 seconds.

Vivekananda Hallekere, CEO and Co-Founder, Bounce is an explosive believer in the possibility of electric vehicles in India – and the vision that was launched in our internal EV mobility results in June 2019.

Right now we’re building on our success, and to blithely grease the move away from EVs, Bounce has taken a head start in developing the E1 in perpetuity.

We are committed to meeting all challenges to make India one of the encyclopedic leading adopters of electric vehicles.”

The price of the Bajaj Chetak electric scooter is expected to increase to Rs 1.5 Lakh


Bajaj Chetak

Production halt expected to be a setback for Bajaj Auto’s retail expansion plans for the Chetak

It’s been a year since the launch of the classic retro electric scooter Bajaj Chetak, but the company is struggling to realize its full potential. The lifestyle product received more than 50,000 expressions of interest and recorded sales of more than 1,300 units – from just two launch cities – Pune and Bangalore. Bajaj is currently sitting on a backlog of over 1,500 units. However, production bottlenecks have forced Bajaj to temporarily close reservations.

Bajaj Chetak Price Rise

Business Standard reports that Bajaj plans to increase the price of Chetak when production resumes at INR 1.5 lakh (ex-showroom). The electric scooter was launched in two variants with the basic Urbane variant priced at 1 lakh INR and the premium premium variant priced at 1.15 lakh INR (both prices are excluding showroom, Pune).

It was previously reported that Bajaj Auto suffered losses with every unit of Chetak sold at its introductory price. The price increase aims to mitigate / eliminate this loss.

With strong customer response, Bajaj Auto is confident that the price hike will not negatively impact the scooter outlook. The product is said attracted all kinds of buyers including the better-off who have never owned a two-wheeler before.

Bajaj Chetak Sales
Chetak sales averaged 250-300 units per month before production stopped due to a shortage of semiconductor chips

Production bottlenecks

Shortly after the launch of the Bajaj Chetak amid much fanfare, India entered a strict nationwide lockdown which halted production. Subsequent logistical problems, compounded by a deterioration in India-China relations, hampered the import of critical components.

Bajaj eventually managed to resume production only to put it on hold again due to acute semiconductor shortage worldwide. The break in production would significantly delay Bajaj Chetak’s retail expansion plans. Thus, a price increase seems inevitable to limit the damage.

Expansion plans and exports

Bajaj is currently working to increase local content in Chetak in addition to reforming its supply chain network. These issues are expected to be resolved in the coming months and the company is confident to expand market coverage from the current 2 cities to 24 cities by the end of next fiscal year.

Once the production constraints have been settled and the Chetak set in motion on the domestic market, the company can turn to export. In Europe, the Bajaj Chetak could position itself as a cheaper alternative to the Vespa Elettrica. As the old continent makes rapid progress in the field of electric mobility, the Chetak seems like an attractive proposition. Classic retro style is a big plus.

In addition to the Chetak, Bajaj’s electric scooter platform will also serve KTM and its subsidiary Husqvarna. A new production plant in Chakan is being prepared for the electric vehicle push in Bajaj.

Source


Price of the Odysse E2Go electric scooter: Launch of the Odysse E2Go electric scooter, from Rs 52,999 |


NEW DELHI: Odysse Electric Vehicles on Tuesday launched a brand new low speed scooter, E2Go. The e-scooter does not require any registration or license to drive.
The electric scooter is offered in two variants – E2Go and E2Go Lite – priced at Rs 53,999 and Rs 63,999 respectively (ex-showroom).
The E2Go will be offered with a 1.26 kWh lead-acid battery or a 28 aH lithium-ion battery. The electric scooter comes with a 250 watt, 60V BLDC waterproof electric motor. The electric scooter has a top speed of 25 km / h and offers a range of approximately 60 km with a full charge. The electric scooter takes about 3.5-4 hours to fully charge.

E2Go has features like anti-theft mechanism, reverse function, LED speedometer, keyless entry and USB charging. The 3 riding modes, telescopic front fork and hydraulic dual spring rear shocks add to the efficient performance of the scooter.
The scooter lithium batteries are portable and have a 3 year warranty. Replacement batteries can be purchased from any Odysse dealer.
“E2Go caters to the urban women and youth market where everyone wants to have their mobility in their hands at an affordable entry price without any hassle of registration or licensing process. We hope that our offers will also help reduce pollution levels. in Indian cities, ”said Nemin Vora, CEO of Odysse Electric Vehicles.


Portsmouth family pay tribute to ‘incredible father’ after fatal Vespa scooter crash


Benjamin Ringe died of an accident involving the Vespa Piaggio scooter he was driving and a Mini Cooper on Copnor Road, near its junction with Torrington Road.

Today, Mr Ringe’s family, who have a twin brother, said he would be “deeply missed and loved forever”.

He died after the accident at 11:21 p.m. on December 29 at Copnor Road, the street where he lives.

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Benjamin Ringe died on December 29 after being involved in an accident involving the Vespa scooter he was driving and a Mini Cooper. Photo: Hampshire Police

Tributes were also left in messages on flowers left near where Mr Ringe died.

In a tribute from Hampshire Police, his family said: “Ben will be deeply missed and will always be loved by all of his family, friends and all who had the pleasure of knowing him.”

Her twin brother added, “The best twin you could ask for. I still love you my brother.

Ben’s partner said, “No words can describe how heartbroken we are at having to say goodbye to you.

Flower tributes at the scene of the fatal New Road crash at the junction with Torrington Road, Portsmouth, January 7, 2020. Photo: Habibur Rahman

‘You are an amazing dad and a great step dad. We love you so much and will miss you more than you ever know.

‘You will always be my best friend and my soul mate.’

Read more

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Coronavirus in Portsmouth: Queen Alexandra Hospital boss detonates messages calling Co …

Flowers were left near the crash site, including by those who tried to help.

One of them said: “We did our best to save you… sorry, that was not enough. TEAR. J, J + M. ‘

Another said: “We wish we could do more to help you. RIP Ben. ‘

Another message added: ‘RIP Ben. Always in our hearts. I love Robbie, Jade and the xxxxxx kids. ‘

Other flowers had a note that said, ‘RIP Ben, miss your charges. BH for life !!! It looks like a dream. ‘

Another note read: “Ben. A good friend caught too early. All my Love.’

Traffic police are continuing their investigation into the tragic death.

Traffic police officers call on anyone with information to come forward.

A Hampshire Police spokesperson said: ‘Officers are continuing to investigate the exact circumstances of the collision.

“Anyone with information should call 101, citing 44200499342.”

Police had previously called on anyone with CCTV or dash camera footage to come forward.

The relatives of Mr. Ringe are supported by a specialized officer.

A message from the editor, Mark Waldron

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The Advantages and Disadvantages of Securities Lending Versus Registration Lending

LOS ANGELES, December 23, 2020 / PRNewswire / – When an emergency arises and you need cash quickly, using a vehicle as collateral for a loan can be a good solution.

But if you are considering a title loan or a registration loan, it is essential to understand what defines these very different types of loans. Although both are related to the use of a vehicle in exchange for funds, these two types of loans have their own advantages and disadvantages.

What is the difference between a title loan and a registration loan?

First, it is essential to distinguish between the title of a vehicle and its registration. The title is used to indicate the ownership of the car. When a vehicle is sold, title will transfer from the current owner (often a dealership, bank or private seller) to the buyer. On the other hand, a registration means that the vehicle can be driven legally.

With this in mind, the essential distinction between these two types of loans is that a title loan requires a blank title in the name of the loan recipient. A blank title means that there are no outstanding loans or unpaid tickets that would prevent the vehicle from being sold. In contrast, enrollment loans only require the registration to be in the name of the loan recipient, regardless of who the vehicle title may identify.

The benefits of a title loan

  • Loan amounts may be larger – With a title loan, the loan amount is based on the value of the vehicle. By securing the loan by offering the title as collateral, the lenders can give more money as they are more likely to be repaid.
  • Interest rates are lower – The interest rates on title loans are generally slightly lower than those on registration loans because of the collateral provided by the title of the vehicle.

The disadvantages of a title loan

  • The vehicle can be taken back – Since title is turned over to receive the loan, the loan company could attempt to repossess the car if it is not paid back on time.
  • The title must be clean – This means that there is no lien on the vehicle, whether it is an outstanding car loan or unpaid tickets.

The advantages of a registration loan

  • Vehicle can be financed – A borrower does not need to be the outright owner of the car to be eligible for a registration loan.
  • The car cannot be taken back – Since the title is the document that signifies ownership, a loan company cannot claim the vehicle on the sole basis of possession of the registration.

The disadvantages of a registration loan

  • Credit and income are factors – Since a registration loan is unsecured, lenders will use standard loan requirements such as employment and credit score to determine the loan amount. This means that registration loans may not be readily available to someone who is unemployed or who is working to get better credit.
  • Loan amounts may be less – Registration loans are often for lower amounts than securities loans and usually have higher interest rates.

What is the best option?

The choice between a title loan and an enrollment loan depends entirely on the borrower’s circumstances. Vehicle registration loans tend to be beneficial for borrowers who need less money and still pay off their vehicle. Title loans work best for owners of cars with proper title who are looking for access to more funds.

Either way, it’s important to understand the loan requirements and repayment expectations before signing the title or vehicle registration.

Notice: The information provided in this article is for informational purposes only. Consult your financial advisor about your financial situation.

SOURCE Advancing America

Seat MO Electric aims to compete with the 125cc scooter


MO Electric Scooter Seat

Seat’s MO electric scooter range now consists of three offerings – eKickScooter65, eKickScooter25 and eScooter 125

Seat MO has officially launched its latest electric scooter featuring the MO eScooter 125 in Europe. Seat is traditionally an automobile brand, which falls under the Volkswagen Group with headquarters in Barcelona, ​​Spain. But they’ve also teamed up with electric two-wheeler manufacturers called Silence, for the production of electric scooters and solo electric vehicles.

As part of this, they have now launched a brand new scooter called MO 125, which aims to compete with 125cc gasoline scooters. The scooter entered series production on December 15 this year.

The Seat MO electric scooter is made in Sant Boi de Llobregat outside Barcelona in partnership with the manufacturer of electric vehicles Silence. Earlier in August of this year, the scooter was launched specifically for ridesharing applications and is now open for retail sale in the Spanish market as a personal mobility option.

Introductory price

By the end of March 2021, this scooter will reach more European markets such as Germany, France, Italy, Austria and Sweden. At present, the scooter is available at 18 Seat dealers across Spain. The scooter is essentially a rebadged Silence S01. After the expansion, it will be launched in Portugal in the second half of 2021. In Spain, the electric scooter has been offered at a price of € 6,250 (equivalent to INR 5.65 lakh).

MO Electric Scooter Seat
MO Electric Scooter Seat

Design features

The MO 125 electric scooter was marketed as a valid alternative to conventional 125cc gasoline scooters. Moreover, it follows a design language and shape similar to conventional IC motor scooters. It also features distinctive styling cues such as a round headlight mounted on the front apron, a long windshield and asymmetrical instrument console.

The front fairing also receives air intakes on both sides. Its battery pack has been carefully positioned so that the storage space below can accommodate two helmets.

MO Electric Scooter Seat
MO Electric Scooter Seat

The company says it will offer the electric scooter with its own connected smartphone application, which could provide crucial data on the position and driving statistics of the scooter. It also has 2 USB phone charging points. MO eScooter 125 is available in three colors: Oxygen White, Bold Red and Aluminum Gray.

Powertrain Specifications and Performance

As for its powertrain, the MO eScooter 125 is powered by a 9 kW electric motor mounted on hub which can return a continuous power of 7 kW / 9.4 hp. This motor is paired with a large 5.6 kWh lithium-ion battery which can be removed and can be charged via a household power outlet. It receives 240 NM of torque on its wheels, which is more than enough for city trips. It can reach a top speed of 95 km / h.

It can sprint from 0 to 50 km / h in just 3.9 seconds. The e-scooter is offered with three driving modes – City, Sport and Eco and an integrated reverse gear for easy maneuverability. In Eco mode, the company claims a range in a single charge of 137 km. Since the battery is removable, the company will also offer an option to swap them out in the future. It is the third electric scooter in the Catalan car manufacturer’s portfolio after eKickScooter65 and eKickScooter25.


MA-DE studio designs electric version of iconic vespa scooter


After its all-electric fiat 126, the MA-DE studio is back with another reimagining of a classic Italian vehicle. this time around, the Como-based design studio created the vespa ELETTRA concept: an electric version of the iconic vespa scooter.

images © Studio MA-DE

the concept is inspired by the original piaggio vespa. patented on April 23, 1946 and designed by aeronautical engineer Corradino d’ascanio, the vespa has sold over 18 million units in various editions and models to the present day. this new vespa ELETTRA is equipped with a 7 kW electric motor with a torque of 240 nm and a maximum speed of 95 km / h. the 5.6 kW / h battery allows cyclists to cover up to 140 kilometers on a single charge. the app, accessible via your mobile phone, acts as an authentication key as well as an active virtual dashboard to control all navigation data and settings.

MA-DE studio designs electric version of iconic designboom vespa scooter

andrea della vecchia, co-founder of studio MA-DE, says of the project: “I firmly believe in the movement towards electric mobility. it is only a matter of time, not only for cars but especially for scooters and small urban mobility tools. ‘

MA-DE studio designs electric version of iconic designboom vespa scooter

MA-DE studio designs electric version of iconic designboom vespa scooter

MA-DE studio designs electric version of iconic designboom vespa scooter

MA-DE studio designs electric version of iconic designboom vespa scooter

MA-DE studio designs electric version of iconic designboom vespa scooter

project info:

name of the project: vespa ELETTRA

design: andrea della vecchia / studio MA-DE

instagram: @_made_studio

the ‘elettra’ project is a design concept and a personal interpretation, conceived by the MA-DE studio of the ‘VESPA’ vehicle, which is the exclusive property of piaggio & CSpA this project is NOT a real or prototype vehicle, which can be industrialized and / or marketed.

designboom received this project from our ‘DIY submissions‘, where we invite our readers to submit their own work for publication. see more project submissions from our readers here.

edited by: lynne myers | design boom



Research data suggests Canadians are turning to expensive car title loans during recession – National

If internet search trends are a window into the minds of consumers, a recent report suggests that a growing number of Canadians are considering unwise financial options, observers say.

Amid a resurgence of pandemic-related interest in personal finance information, the number of searches involving auto title lending nearly tripled in Canada from March through September this year to 16,900 per month, from about 5,900 searches per month at the same time. times a year earlier, according to SEMrush.

READ MORE: COVID-19 brings home testing to online car buyers

The Boston-based marketing firm that studies internet search trends said Canadian searches for payday loans, meanwhile, fell 43 percent to 22,900 from 39,700 in the same period. , which has been marked by millions of people who have lost their jobs as non-essential stores and industries have been forced to close in order to contain the spread of the COVID-19 virus.

The story continues under the ad


Click to play the video:







Payday loan warning


Payday Loan Warning – June 22, 2019

“The most surprising thing we noticed has been an increase in demand for auto title loan research, which is, I think, quite unique for Canada compared to the United States, where we don’t have saw that type of increase, ”said Eugene Levin, chief strategy officer for SEMrush, in an interview.

He said he was unsure why searches in the United States had not also increased, but suggested that a possible explanation for the increase in searches for auto title loans and the corresponding decline in loans on auto securities. salary in Canada could be that potential applicants have a car but no job.

READ MORE: When he lost his income amid COVID-19, Spring Financial gave him a loan but no money up front

“A lot of people have cars,” Levin said. “The terms of these loans are better than payday loans, the interest rates are lower, so they are more attractive. At the same time, you don’t need a job to get an auto title loan like some payday loans do.

The story continues under the ad

An auto title loan works on the same basis as a home equity loan. They are billed as short-term business, secured by a lien on the vehicle. In the event of non-payment or default by the borrower, the lender can repossess the vehicle in order to recover his money.


Click to play video:







Young workers face financial uncertainty as pandemic benefits end


Young workers face financial uncertainty as pandemic benefits end – October 1, 2020

Levin said SEMrush statistics do not indicate how many researchers have actually signed up for a car title loan.

An online search for “car title loan” produces dozens of results.

Most providers offer a wide range of loan levels – one promises $ 1,000 to $ 50,000 – and many say their interest rates are “the lowest in the industry,” from “10 to 49 for. hundred “.

The Canadian Press contacted several auto securities lending companies for the story, but no representative was available.

The story continues under the ad

People who are desperate for money will always find someone who is trying to take advantage of their situation, said Brian Betz, advisor for Money Mentors in Calgary, adding that car title loans are just one of many. fast money online programs that they could choose from.

READ MORE: Pay $ 4,300, Get $ 1,750 Back After 3 Years. A man’s warning about “savings loans”

“The increase in securities lending is probably more on those who have no assets. Their car is for all intents and purposes all they have, ”he said.

“Typically, when you get a title loan, it’s not for $ 300 to $ 500. You get a few thousand dollars on this vehicle and at their interest rates it can be very difficult to pay off.

He said that usually about half of the working Canadian workforce is at an insolvency wage, so an event like the pandemic can create thousands of dire straits.

There are better options when bills can’t be honored, Betz said, and they should start by seeking help from an organization like hers that offers free credit counseling.

If you can’t afford to make payments on an existing personal loan or mortgage, you should talk to the lender to see if the payments can be deferred or reduced over a longer repayment period, he said. .

The story continues under the ad

READ MORE: Man with autism told to pay $ 4,442 to get $ 1,750 after 3 years with Spring Financial loan

A consolidation loan can allow the lender to simplify and combine multiple loan payments at a much lower interest rate than a title loan, he added.

Betz warned those looking for solutions to a short-term cash crunch to consider loan fees as well as interest rates, using a Calgary client who was desperate after seeing his hours off as an example. reduced work due to COVID-19.

“He had two loans, not title loans but not payday loans either, and while the interest rate was capped at a certain level, I think it was 32%, in exchange for a borrowing $ 14,000 through these two loans, there was $ 10,000 in fees added to that, ”he said.

“There were cancellation fees, insurance fees, these fees and charges. These are the types of loopholes that these people exploit.

© 2020 The Canadian Press

Canadians show increased interest in high interest auto securities lending during recession

CALGARY – If internet search trends are a window in the minds of consumers, a recent report suggests that a growing number of Canadians are considering unwise financial options, observers say.

Amid a resurgence of pandemic-related interest in personal finance information, the number of searches involving auto title lending nearly tripled in Canada from March through September this year to 16,900 per month, from about 5,900 searches per month at the same time. times a year earlier, according to SEMrush.

The Boston-based marketing firm that studies internet search trends said Canadian searches for payday loans, meanwhile, fell 43 percent to 22,900 from 39,700 in the same period. , which has been marked by millions of people who have lost their jobs as non-essential stores and industries have been forced to close in order to contain the spread of the COVID-19 virus.

“The most surprising thing we have noticed is an increase in demand for auto title loan research which is, I think, quite unique for Canada compared to the United States, where we haven’t seen this guy. increase, ”said Eugene Levin, chief strategy officer for SEMrush, in an interview.

He said he was unsure why searches in the United States had not also increased, but suggested that a possible explanation for the increase in searches for auto title loans and the corresponding decline in loans on auto securities. salary in Canada could be that potential applicants have a car but no job.

“A lot of people have cars,” Levin said. “The terms of these loans are better than payday loans, the interest rates are lower, so they are more attractive. At the same time, you don’t need a job to get an auto title loan like some payday loans do. “

An auto title loan works on the same basis as a home equity loan. They are billed as short-term business, secured by a lien on the vehicle. In the event of non-payment or default by the borrower, the lender can repossess the vehicle in order to recover his money.

Levin said SEMrush statistics do not indicate how many researchers have actually signed up for a car title loan.

An online search for “car title loan” produces dozens of results.

Most providers offer a wide range of loan levels – one promises $ 1,000 to $ 50,000 – and many say their interest rates are the “lowest in the industry,” from “10 to 49 percent. hundred”.

The Canadian Press contacted several auto securities lending companies for the story, but no representative was available.

People who are desperate for money will always find someone who is trying to take advantage of their situation, said Brian Betz, advisor for Money Mentors in Calgary, adding that car title loans are just one of many. fast money online programs that they could choose from.

“The increase in securities lending is probably more about those who have no assets. Their cars are for all intents and purposes all they have,” he said.

“Usually when you get a title loan it’s not for $ 300 to $ 500. You get a few thousand dollars on that vehicle and at their interest rates it can be very difficult to pay off. “

He said that usually about half of the working Canadian workforce is at an insolvency wage, so an event like the pandemic can create thousands of dire straits.

There are better options when bills can’t be honored, Betz said, and they should start by seeking help from an organization like hers that offers free credit counseling.

If you can’t afford to make payments on an existing personal loan or mortgage, you should talk to the lender to see if the payments can be deferred or reduced over a longer repayment period, he said. .

A consolidation loan can allow the lender to simplify and combine multiple loan payments at a much lower interest rate than a title loan, he added.

Betz warned those looking for solutions to a short-term cash crunch to consider loan fees as well as interest rates, using a Calgary client who was desperate after seeing his hours off as an example. reduced work due to COVID-19.

“He had two loans, not title loans but not payday loans either, and while the interest rate was capped at a certain level, I think it was 32%, in exchange for a borrowing $ 14,000 through these two loans, there was $ 10,000 in fees added to that, “he said.

“There were cancellation fees, insurance fees, these fees and charges. These are the types of loopholes that these people are exploiting.”

Canadians show heightened interest in high-interest auto mortgages amid recession

CALGARY — If Internet search trends are a window into the minds of consumers, a recent report suggests a growing number of Canadians are considering misguided financial options, observers say.

CALGARY — If Internet search trends are a window into the minds of consumers, a recent report suggests a growing number of Canadians are considering misguided financial options, observers say.

Amid a surge in interest in pandemic-related personal finance information, the number of searches involving car title loans nearly tripled in Canada in the March to September period this year to reach 16,900 per month, compared to around 5,900 searches per month in the same period. once a year earlier, according to SEMrush.

The Boston-based marketing firm that studies internet search trends said Canadian searches for payday loans meanwhile fell 43% to 22,900 from 39,700 during the same period, which was marked by millions of people losing their jobs as non-essential shops and industries were forced to close in order to contain the spread of the COVID-19 virus.

“The most surprising thing we’ve noticed is an increase in demand for car title loan searches, which I think is quite unique for Canada compared to the United States, where we don’t have seen this kind of increase,” Eugene Levin, Chief Strategy Officer for SEMrush, said in an interview.

He said he didn’t know why searches in the United States hadn’t increased as well, but suggested that a possible explanation for the increase in searches for car title loans and the corresponding drop in loans payday in Canada could be that potential applicants have a car but no job.

“A lot of people have cars,” Levin said. “The terms of these loans are better than payday loans, the interest rates are lower, so they are more attractive. At the same time, you don’t need a job to get a title loan. car loan, unlike some payday loans.”

A car title loan works on the same basis as a home equity loan. They are billed as short-term business, secured by a lien on the vehicle. In the event of non-payment or default by the borrower, the lender can repossess the vehicle in order to recover their money.

Levin said SEMrush statistics don’t show how many searchers actually signed up for a car title loan.

An online search for “car title loan” produces dozens of results.

Most providers offer a wide range of loan levels – one promises $1,000 to $50,000 – and many say their interest rates are the “lowest in the industry”, from “10 to 49”. %”.

The Canadian Press has contacted several car title lending companies for this story, but no representative has been made available.

People in desperate need of money will always find someone trying to take advantage of their situation, said Brian Betz, an advisor for Money Mentors in Calgary, adding that car title loans are just one of many. quick money online programs they could choose.

“The increase in title loans is probably more for those without assets. Their car is for all intents and purposes all they have,” he said.

“Usually when you get a title loan, it’s not for $300 to $500. You’re getting a couple thousand dollars on that vehicle, and at their interest rates, it can be very difficult to pay back.”

He said that typically about half of workers in the Canadian labor force are one paycheck away from being insolvent, so an event like the pandemic can create thousands of desperate situations.

There are better options when bills can’t be met, Betz said, and they should start by seeking help from an organization like hers that offers free credit counseling.

If you can’t afford to make payments on an existing personal or mortgage loan, you should talk to the lender to see if payments can be deferred or reduced over a longer repayment period, he said.

A consolidation loan can allow the lender to simplify and combine multiple loan payments at a much lower interest rate than a title loan, he added.

Betz warned those looking for solutions to a short-term cash crunch to consider the fees associated with the loan as well as the interest rates, using as an example a Calgary client who was in dire straits after seeing his reduced working hours due to COVID-19.

“He had two loans, not title loans but also not payday loans, and while the interest rate was capped at a certain level, I think it was 32%, in exchange for a borrowing $14,000 through these two loans, there was a $10,000 fee attached to that,” he said.

“There were cancellation fees, insurance fees, these fees and charges. These are the types of loopholes that these people are exploiting.”

This report from The Canadian Press was first published on December 10, 2020.

Dan Healing, The Canadian Press

Desperate times boost interest in car title loans

Hello, time traveler!
This article was published 10/12/2020 (534 days ago), the information it contains may therefore no longer be up to date.





Cars and trucks are parked in an auto dealership parking lot Wednesday, April 15, 2020 in Green Park, Mo. Canadians’ interest in fast loans backed by personal vehicles surged during the pandemic shutdowns earlier this year, an ominous sign that suggests consumers are desperate enough to make reckless financial decisions, observers say. THE CANADIAN PRESS/AP, Jeff Roberson

CALGARY – If Internet search trends are a window into the minds of consumers, a recent report suggests a growing number of Canadians are considering ill-advised financial options, observers say.

Amid a surge in interest in pandemic-related personal finance information, the number of searches involving car title loans nearly tripled in Canada in the March to September period this year to reach 16,900 per month, compared to approximately 5,900 searches per month in the same period. once a year earlier, according to SEMrush.

The Boston-based marketing firm that studies internet search trends said Canadian searches for payday loans meanwhile fell 43% to 22,900 from 39,700 during the same period, which was marked by millions of people losing their jobs as non-essential shops and industries were forced to close in order to contain the spread of the COVID-19 virus.

“The most surprising thing we’ve noticed is an increase in demand for car title loan searches, which I think is quite unique for Canada compared to the United States, where we don’t have seen this kind of increase,” Eugene Levin, Chief Strategy Officer for SEMrush, said in an interview.

He said he didn’t know why searches in the United States hadn’t increased as well, but suggested that a possible explanation for the increase in searches for car title loans and the corresponding drop in loans payday in Canada could be that potential applicants have a car but no job.

“A lot of people have cars,” Levin said. “The terms of these loans are better than payday loans, the interest rates are lower, so they are more attractive. At the same time, you don’t need a job to get a title loan. car loan, unlike some payday loans.”

A car title loan works on the same basis as a home equity loan. They are billed as short-term business, secured by a lien on the vehicle. In the event of non-payment or default by the borrower, the lender can repossess the vehicle in order to recover their money.

Levin said SEMrush statistics don’t show how many searchers actually signed up for a car title loan.

An online search for “car title loan” produces dozens of results.

Most providers offer a wide range of loan levels – one promises $1,000 to $50,000 – and many say their interest rates are the “lowest in the industry”, from “10 to 49”. %”.

The Canadian Press has contacted several car title lending companies for this story, but no representative has been made available.

People in desperate need of money will always find someone trying to take advantage of their situation, said Brian Betz, an advisor for Money Mentors in Calgary, adding that car title loans are just one of many. quick money online programs that they could choose.

“The increase in title loans is probably more for those without assets. Their car is for all intents and purposes all they have,” he said.

“Usually when you get a title loan, it’s not for $300 to $500. You’re getting a couple thousand dollars on that vehicle, and at their interest rates, it can be very difficult to pay back.”

He said that typically about half of workers in the Canadian labor force are one paycheck away from being insolvent, so an event like the pandemic can create thousands of desperate situations.

There are better options when bills can’t be met, Betz said, and they should start by seeking help from an organization like hers that offers free credit counseling.

If you can’t afford to make payments on an existing personal or mortgage loan, you should talk to the lender to see if payments can be deferred or reduced over a longer repayment period, he said.

A consolidation loan can allow the lender to simplify and combine multiple loan payments at a much lower interest rate than a title loan, he added.

Betz warned those looking for solutions to a short-term cash crunch to consider the fees associated with the loan as well as the interest rates, using as an example a Calgary client who was in dire straits after seeing his reduced working hours due to COVID-19.

“He had two loans, not title loans but also not payday loans, and while the interest rate was capped at a certain level, I think it was 32%, in exchange for a borrowing $14,000 through these two loans, there was a $10,000 fee attached to that,” he said.

“There were cancellation fees, insurance fees, these fees and charges. These are the types of loopholes that these people are exploiting.”

This report from The Canadian Press was first published on December 10, 2020.

Piaggio Group, manufacturer of the Vespa scooter, chooses IBM to improve interoperability and efficiency of its global factories


ARMONK, NY and MILAN, Dec 3 2020 / PRNewswire / – IBM (NYSE: IBM) and The Piaggio Group (PIA.MI), European leader and one of the main global players in the scooter and motorcycle market, also active in the field of robotics with the production of drones on the ground, announced the completion of an international project to transition management applications from Piaggio to SAP S / 4HANA. The solution will speed up and simplify internal processes such as providing its employees with more efficient and faster order management tools and offering more flexibility for its customers’ service requests.

The Piaggio Group has focused on the combination of processes through the upgrade of the common and integrated application infrastructure, in its six industrial clusters around the world: four in Italy, one in India and one in Vietnam, where it has production and commercial activities. The upgrade to SAP S / 4HANA will provide a centralized view of information, enabling Piaggio to analyze business and economic data in real time, on any device, even on the go, offering the end user different tools to analyze data independently and simulate alternative scenarios. .

“We have laid the groundwork for the rapid and constant evolution of our processes and the further digitization of the most important business processes in the future, in support of internal functions, collaboration with strategic partners and the network of sale “, commented Vittorio Boero, Chief Information Officer of the Piaggio Group. “This change will take place according to a development plan that we have designed with the aim of bringing tangible and significant benefits to the company through a process of constant improvement.

Initiated in the first quarter of 2020, the migration process was led by IBM, while facing the challenges of social distancing requirements due to the Covid-19 pandemic, with a gradual consolidation taking place at the end of June. The project was completed and met all set targets despite operational hurdles related to testing and starting production in all three countries with remote support rather than on-site.

In order to pursue his company’s international growth goals, Piaggio needed to complete the project safely and on time and ensure that the new system started up before the start of the peak sales season. Their choice of IBM Services was motivated by its extensive and proven expertise, both in applications on the new SAP S / 4HANA technology and in industry. Over 20 years ago, IBM Services completed the SAP R / 3 installation project for Piaggio and carried out the conversion project by taking full advantage of the new efficient functionalities of the management system that combines the transactions of ‘an ERP with emerging technologies. The project represents the first step of an evolutionary path that projects Piaggio towards the dimension of a cognitive company, that is to say a company capable of making the most of internal and external data to support strategies and choices. commercial.

“From the conception of the first Vespa to the present day, Piaggio has always shown that it believes in the driving force of innovation and human capital to face and overcome market challenges. Even during the pandemic, Piaggio continued on its path of transformation to become a cognitive enterprise, able to make the most of technology to improve efficiency and competitiveness, ”said Luigi Menzio, Executive Services Partner, IBM Italy. “IBM is proud to have supported a company symbol of Italian excellence in the safe realization of its international migration project to SAP S / 4HANA at a rapid pace and despite the limits imposed by the containment.”

PIAGGIO GROUP
Founded in 1884, the Piaggio Group is Europe largest manufacturer of scooters and motorcycles and one of the main global players in this sector. Piaggio (PIA.MI), listed on the Italian Stock Exchange since 2006, has been controlled by Immsi SpA since 2003. (IMS.MI), an industrial holding also listed on the Italian Stock Exchange. The activity of the Piaggio Group is divided into three distinct areas: 2-wheelers, light commercial vehicles and the robotics division with Piaggio Fast Forward (PFF). The Group’s brands include Piaggio, Vespa, Aprilia, Moto Guzzi, Gilera, Derbi, Ape and Piaggio Commercial Vehicles. The Piaggio Group has more than 6,600 employees and a worldwide distribution in more than 100 countries. There are seven industrial centers, four of which are in Italy, one in India, one in Vietnam and one in Boston, where the Gita land drone is produced. The Group has four Research and Development centers, in which around 1,000 people are involved.
https://piaggiogroup.com

IBM
For more information on IBM’s SAP services, visit https://www.ibm.com/services/sap.

Contacts
External Relations, IBM Services
Tricia Vuton
Phone: 1-914-765-4980
Mobile: 1-845-490-7582
E-mail: [email protected]

External relations, IBM Italy
Claudia ruffini
Mobile: +39 335 6325093
E-mail: [email protected]

SOURCE IBM

Related links

www.ibm.com


Newark wants residents’ input before launching pilot scooter and bike-sharing program


Scooters and bicycles may soon start appearing on the streets of Newark.

City officials are currently in the planning phase of a bike and scooter sharing program, dubbed “NewarkGo”. But the city wants the pilot program to materialize by spring 2021.

“I am delighted to launch our bike and scooter sharing program and to find support for planning and infrastructure for cycling in our city,” Mayor Ras Baraka said in his state address. of town last month. “Not just downtown but for access through the city.”

The planning phase includes talking to residents and other stakeholders before bikes or scooters hit the streets. An online survey on residents’ transportation habits is available online. The public is also invited to participate in virtual discussions on the programming that will be broadcast on the Town’s Facebook page on the following dates:

  • Tuesday November 24 at 6 p.m.
  • Wednesday December 2 at 6 p.m.
  • Monday December 7 at noon

No vendor has yet been identified, but the proposal so far seeks to give the program a six-month trial period. The city is looking to allow residents to use the potential company‘s cell phone app to find a scooter or bicycle and unlock it to ride.

It was not immediately clear whether the program would include scooters and e-bikes or traditional human-powered bikes.

The project is led by the Newark Housing and Economic Development Department and the Engineering Department. Newark is also supported by Bloomberg Associates, a team of industry leaders who seek to improve cities.

Equity is a key part of the plan. City officials hope the program will provide more affordable transportation to underserved sections of Newark, generate more foot traffic for local businesses, and reduce emissions from cars.

The city’s proposal so far includes 20 fleet anchor points located in the city center, where a high volume of travel is expected. Ten so-called “equity” zones will also exist outside the city center.

Newark’s scooter and bike proposal calls for 10 “equity zones” that will exist outside of the city’s downtown core.City of Newark

In the coronavirus era, the city is hoping that bicycles and scooters can also provide a more socially distanced form of travel than trains, buses or carpooling programs.

Other major cities in New Jersey have rolled out scooter or bike-sharing programs with mixed results.

Jersey City unveiled its Citi Bike program in 2015 and is looking to merge its system with that of Hoboken. Elizabeth got Lime scooters as part of a pilot program last year, but the city canceled it less than a month later after a teenager was fatally hit by a truck while in was using a.

State legislation that was enacted last year removed registration and licensing requirements for low-speed e-bikes and scooters.

Our journalism needs your support. Please register today at NJ.com.

Rebecca Panico can be reached at [email protected].


Pure EV launches the Etrance Neo high speed electric scooter: price, range, top speed and more!


Pure EV currently has dealers at 100 locations in 20 states in India and has launched its products in Nepal with more export markets to be added in the near future. More details on his latest electric scooter here!

The Pure EV startup incubated by IIT Hyderabad has announced the launch of its new high-speed electric scooter called Etrance Neo. Said model will launch in India on December 1, 2020 and the company claims higher pickup and longer range with it. Pure EV’s Etrance Neo can sprint from 0-40 km / h in 5 seconds and has a patented 2,500 Wh battery that delivers 120 km on a single charge in Eco mode. The company has also announced the price of the product and indicates that the Etrance Neo will be launched at the ex-showroom price of Rs 75,999. Pure EV had raised funds in 2019 for a valuation of $ 35 million and owns a factory. of 70,000 square feet with a manufacturing capacity of 2,000 EV per month as well as a battery production capacity of 10 MWh per month.

Pure EV currently has dealers at 100 locations in 20 Indian states and has launched its products in Nepal with other export markets to be added in the near future. Speaking on the launch of Pure EV’s Etrance Neo, Rohit Vadera, co-founder and CEO of Pure EV Startup, said the new model features better aerodynamic characteristics for further improvements in powertrain efficiency. He adds that the vehicle has a faster pickup and longer range and is being launched primarily targeting young people who will find this model very appealing.

Vadera also said the company aims to sell 10,000 units of this model in the first year alone and that the new model will first be available in Hyderabad and will be available in India at the brand’s outlets in India from mid-December 2020. Pure EV says it is on track to significantly expand its manufacturing base to a larger facility with an annual capacity of 2 lakh EV and a battery manufacturing capacity of 5 GWh compared to existing capacities of 20,000 EV and 0.5 GWh. Pure EV says this will be achieved at a new 2 lakh square foot manufacturing facility that the company intends to commission in 2021 to meet the expected growth in India’s electric vehicle and lithium battery market.

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10 things you never knew about the iconic Vespa scooter


A Spanish-made Vespa S 150 was used by two students to tour the world in 79 days.

Perfect in its compactness, functionality and widely imitated design, the Vespa scooter is not only a means of transport, but a true icon. Introduced by the Italian firm Piaggio in 1946 with the 98 model, the Vespa was quickly successful. The small size and affordability of scooters was perfect for promoting post-war mobility. But as with most new designs, it would also be heavily emulated, intended for icon status. From the origins of Piaggio to the first Vespa prototypes to the future-oriented Elettrica model, Vespa is synonymous with efficient and fun transport and style.

From the first licensed productions in the early 1950s, the Vespa was a citizen of the world, able to interact in social circles at the antipodes. It generated such specific cultural phenomena and adapted so well to a wide range of situations that it became a point of reference in each.

Giorgio Bettinelli has completed expeditions to five continents aboard his trusty Vespa PX

Giorgio Bettinelli has completed expeditions to five continents aboard his trusty Vespa PX

It inspired the traditions, musical trends and trends of youth. She has accompanied countries and continents in their economic and social evolution, and she has brought Italy with all its style, beauty and ability to combine technology and elegance in the streets of the whole world.

With over 19 million units sold, the Vespa is not just a scooter, but the scooter, known and loved around the world, a rare example of a motor vehicle that has survived crises and fashions, remaining always faithful to the original concept. The youth of the decades to come, no matter where they are in the world, will find themselves united by an extraordinary vehicle which has always been and always will be a symbol of freedom; a vehicle that will continue to delight and inspire future generations of enthusiasts.

Vespa PK50

Vespa PK50

Tried and true

As in the past (since the late 1960s), Vespas are still manufactured in their two original sizes “vespino” (small frame) and “vespone” (large frame).

Racy Legacy

The Vespa Sei Giorni 300 HPE features eye-catching license plates that are reminiscent of the scooters that won the Six Days Trial Race 1951, which included off-road competition.

Vespa 125 Primavera

Vespa 125 Primavera

Land speed record

The fastest Vespa is a 125cc missile that hit 106.26 mph on a jaunt from Rome to the nearby coastal town of Ostia in 1951. The most powerful model is the Vespa GTS 300 with 23.8 horses.

Proven suspension

Today’s front suspension retains the same design as the first prototype from 1946, which was ingeniously adopted from Piaggio’s aircraft designs.

An electric future

The most recent and revolutionary Vespa is the Elettrica. The all-electric, zero-emission model is available with top speeds of 30 or 45 mph.

The Vespa at 50

The new generation of Vespa launched in 1996 has the traditional steel frame, but with an automatic transmission. To celebrate Vespa’s 50th anniversary, the ET 50 was presented to the international press in the historic center of Rome.

Special edition for 60

Designed to celebrate Vespa’s 60th anniversary, the GTV special series inspired by the first prototype from 1946 featured chrome handlebars, a headlight on the front fender and two separate seats.

Legacy models

The names of some Vespa models are taken from previous scooters, such as Primavera, Sprint and Six Days.

Size matters

For many years Vespa scooters were fitted with 10 inch diameter wheels, but newer models are 11 inches.

Social consciousness

Unveiled in 2013, the 946 model embodies the latest evolution of the original style. For every scooter sold, Piaggio donates $ 150 to the Global Fund to Fight AIDS (RED), effectively delivering medicine to sub-Saharan Africa for more than 500 days.

Blanket_VespaStyle + Passion

“Vespa: Style and Passion” by Valerio Boni and Stefano Cordara, available now on Amazon, celebrates the 75-year history of the beloved Italian scooter and the culture it inspired.


Price of Ather 450 Plus electric scooter reduced from Rs 9k


Electric scooter Ather 450X

Beneficiary of the Ather energy buyback program after 3 years of use of Ather 450X

The Ather Energy Assured buyback program for the Ather 450X electric scooter was announced today. This is a guaranteed buy-back from the car manufacturer at Rs 85,000 after 3 years.

Insurance of this nature works wonders for the buyer’s psyche, as vehicle owners consider it before even purchasing a value. Anything that has a high resale value proposition tends to tip buying decisions in its favor. The latest development further enhances the opportunities for the Ather 450X.

Ather Energy builds its own batteries and li-ion platform for its range of products for optimum reliability. With retail sales first starting in 2018 in Bengaluru and then in Chennai, the company is now in a growth phase where activities have been planned in several cities.

Ather Energy reliability

For the sake of consistency of performance, Ather energy continued its buyback guarantee plan. With reliability being a key and crucial area for this announcement, the company is confident that the Ather 450X brings a high valuation on the resale market as experienced by the current owners.

Ather 450X Collector's Edition Series1
Ather 450X Collector’s Edition Series1

The buyback program will also serve to encourage the adoption of electric vehicles in India. Other company initiatives include Ather Grid, experience centers and customer forums focused on electric vehicles. Together, its multiple attributes and areas of focus have gone beyond just building an electric scooter.

Smart financing solutions have helped strengthen purchase proposals. This includes the availability of rental subscriptions in Bangalore and Chennai. Rental options will be introduced in other cities in which the company operates, as they allow the use of the Ather 450X at a lower price for a nominal monthly fee. This helps attract buyers who are unwilling to choose an outright buying plan.

Ather 450 Plus price drop

The overall cost of ownership in Bangalore benefits from exchanging used petrol two-wheelers for a trade-in bonus. In addition, low interest loans from financial partners with which Ather Energy is associated can help finalize a purchasing decision.

Ex-showroom the price of the Ather 450 Plus model is reduced, and can now be purchased at Rs 1.39,990. The previous price was Rs 1.49,000. This is an effective price reduction of around Rs 9k.

Subscription plan revisions include flexibility of use, and customers can choose from 4 independent packs, starting at Rs 125 per month. Options include Ather Connect Lite (basic connected features), Ather Connect Pro, Ather Service Lite (periodic maintenance, RSA and labor), and Ather Service Pro (premium service experience). Charging at Ather Grid public stations is free until March 2021.

Tarun Mehta, Co-Founder and CEO of Ather Energy: “We believe that Ather Energy’s electric scooters will have fantastic value for years to come and will continue to improve with new features that we will roll out as we go. wireless upgrades. And to reinforce this assurance, we are announcing a resale guarantee.


September 2020 sales: two-wheelers grow 11.64% as scooter and bicycle sales increase


The total production of Passenger Vehicles, Three-wheelers, Two-wheelers and Quadricycle in September 2020 was 2,619,045 units, against 2,344,328 units in September 2019 with a growth of 11.72%.

Sales of two-wheelers in the domestic market are starting to show clear signs of a healthy recovery after suffering a substantial decline, especially during the lockdown period due to the ongoing coronavirus pandemic. Comparing the sales of two-wheelers last month to the same month last year, there was a growth of 11.64% (September 2019 – 1,656,658, September 2020 – 1,849,546). Two-wheeler production in September 2019 stood at 1,954,878 units and has now grown by 14.81% with production of 2,244,453 units in September 2020.

Exports also experienced positive growth. While exports of two-wheelers amounted to 303,424 units in September 2019, their number increased by 9.17% to reach 331,233 units in September 2020.

In terms of different segments, scooters and scooters grew only 0.08% from September 2019 to the same month in 2020. There was a 17.3% growth for motorcycles and midsize vehicles that sold 1,043,621 units in September 2019 and 1,224,117 units in September 2020. Moped sales increased 20.33% last month with 57,283 units sold in September 2019 and 68,929 units in September 2020.

Read also : Suzuki Explains New, Safer Selling Model: Focusing On Electric Two-Wheelers When “Buyers Are Ready”

While two-wheeler sales performed well in September 2020, sales in the third quarter (July to September 2020) saw growth of 0.17% which includes a 15.96% drop in scooter sales. and scooters (from 1,603,156 units in Q3 2019 to 1,347,341). units in Q3 2020). Motorcycle sales increased 7.89% from 2,915,128 in the third quarter of 2019 to 3,145,113 units in the third quarter of 2020.

During the period from April to September 2020, total sales of two-wheelers in the domestic market amounted to 5,983,678 units, a decrease of 38.28% compared to 9,695,638 units at the same period last year. The biggest drop in sales during this period is in the scooter segment which recorded a drop of 45.9% over the period from April to September 2020.

India’s auto industry is working hard amid this difficult COVID-19 situation to increase production and sales while ensuring the safety of customers and employees throughout the value chain. During the second quarter, some segments showed signs of recovery, said Kenichi Ayukawa, president of SIAM.

Passenger vehicles and two-wheelers are positive, although on a very low basis compared to the previous year. We expect good demand during the holiday season starting tomorrow. Thanks to government intervention, auto loan interest rates are below 8%, the lowest in a decade, and this should encourage customers to buy new vehicles. Sales of utility vehicles and three-wheelers are still in a negative growth area, he added.

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How to choose the best online business?

If you are someone stuck in the torrid middle looking for your way to solve your financial problems, then you need to put yourself in place to car title loan online is the best way to back up your savings account to set aside money for larger purchases. For extra income you can also find a second job to earn extra money as there are a few people who turn to trading for extra profit but sometimes a more immediate response is needed. This is the good reason why and how loans can only be perfectly suitable if you have the ability to repay them and you are sensitive to the whole process then surely a car title loan could be the right choice for you. If you are a car owner, the appropriate option to choose would be car title loans, as there are several things you need to consider. Car loans are said to be directly proportional to loans similar to a conventional loan that you can get from banks where an individual offers property (a house in most cases) as collateral.

There are various companies ready to offer title loans to their clients. A good thing with these types of loans is that the lender will not base their loans on your credit rating.

Read the blog post to find out how to choose the best online business!

  • Carefully check the reliability of lenders.

Before starting anything with any particular business, it is essential to know and fully understand the reliability of online businesses. These loans can be located anywhere in the world and anywhere in the world, which makes the search process ready easy. There will be certain times when you will be a bit scared that most of them might be a scam. Although your first step, however, should be to read all the terms and conditions of these lenders to attach to their applications in order to know whether this online title lender is genuine or not. Another good way to go further is to read the reviews of these lenders and learn more about their terms and conditions. You also have the opportunity to ask questions about different lenders online and find out about the experiences your friends and family members have had with particular lenders.

The first thing to understand before getting one is to check from when and where you get the loans. There is a wide variety of banks with the availability of many companies that provide loans, and each of them offers different types of policies. This is particularly the case of car title loans. Your ownership of your car is at stake; you have to be careful with your merchandise. Some companies offer dodgy rules where you only have a short period to pay off a loan before you take your car. Be sure to research all of the companies you are considering, read all of their policies, and select the one that best suits your needs.

  • Consider more of an online business.

Having to get your hands on car title loans online, you must realize that there is no need to be in a hurry about your vehicle title or the property chosen by a lender. You will need to research the lenders and apply for the loans legally. All paperwork must be done as required by law. To make things look more authentic, you should also make copies of the documents and have them signed by the parties on both sides before proceeding. When the application process is started, make sure you have chosen several lenders. DMV, your Department of Motor Vehicles, is relatively well-known for being a great place to check out the various lenders they have dealt with, which can basically help you make a better choice.

  • Avoid possible scams from different lenders.

The most crucial factor to consider is to note that not all online car title loans are the same. Few lenders have a habit of being good with their leasing words, which might mislead you for choosing a random online title lender. Regardless of the good things you hear about them through various lenders, this all needs to be cross-checked. Search online for information on selected lenders and probably even consult others who have had experience with their services. Cross-check all the data by consulting the database of lenders. They can take you several hours to research information about lenders online, and their title lending database section can be considered a great place to find information and make an informed borrowing decision.

Electric bike and electric scooter prices, images and reviews – BikeWale


Thinking of buying an electric bike or an electric scooter? Well we know that the type of fuel is one of the most crucial things when buying a two wheeler and with so many options available it becomes really hard to find a good option that fits. your needs. Hence, we have put together a comprehensive list of the best electric bikes and electric scooters in India. These are all handy runabouts that don’t quite perform on par with their fossil fuel-powered counterparts, but they’re ideal for someone with a short commute or a run to the market. OLA S1, Revolt RV 400 and Hero Electric Optima are the 3 most popular EVs at the moment. Check out the complete list of e-bikes and electric scooters with information regarding price, images, colors, reviews, range, charging time, other specifications and features and much more for each of these vehicles electric so that you can choose the best electric bike or electric scooter you want.

Best Price of Electric Bikes and Electric Scooters in India 2021

Model Price ex showroom
OLA S1 ₹ 97,573
Revolt RV 400 ₹ 1,15,498
Electric Hero Optima 51,558
Electric Photon Hero 71 726
REO ampere 45,632
Simple energy ₹ 1,09,000
Ather 450X 1,40,189
Bajaj Chetak 1,38,988
Revolt RV 300 ₹ 1,04,593

The prices mentioned above are average excluding the showroom


Hero Maestro Edge 125 Stealth brings more style to the scooter


The new special edition Hero Maestro Edge 125 Stealth Edition costs Rs 1500 more than the disc brake version and offers a dose of exclusivity.

The new Hero Maestro Edge 125 Stealth edition is priced at Rs 72,950 (ex-showroom) and now offers a new matte gray and black color option. This makes it around Rs 1,500 more expensive than the disc brake version it is based on. The special edition version of this 125 cc scooter features a ‘Stealth’ badge on the front panel, carbon fiber body stickers with white highlights. This new livery is only available in this special edition model.

The Hero Maestro Edge 125 Stealth Edition features the same fuel-injected, air-cooled 125cc BS6 single-cylinder engine that produces 9.1 hp at 7,000 rpm and 10.4 Nm of torque at 5,500 rpm. / min. The 125 cc scooter comes with a dual texture seat, diamond cut alloy rims, a semi-digital instrument cluster with service reminder and sidestand indicator. The Hero Maestro Edge 125 continues to benefit from an external fuel tank, Hero MotoCorp’s i3S start-stop function, Bybre disc brake with IBS, a movable charging point under the seat and trunk lighting.

Speaking of the special edition model, Naveen Chauhan, Head – Sales & Aftersales, Hero MotoCorp, said, “We are happy to kick off our festive campaign with the new Maestro Edge 125 Stealth, which is a standout product in the category. . Our Maestro Edge scooter brand remains very popular with customers and this new one will add to the appeal of the brand. We have planned several new product launches in the coming weeks that will reinvigorate the market with their young, premium and tech-driven personality. “

Read also: Hero Maestro Edge 125 review


Cebu electric scooter group offers to help government


In this January 10, 2020 photo, Cebu City Councilor Joel Garganera rides an electric scooter during the Sinulog Festival 2020 launch parade.

CEBU CITY, Philippines – Djan Dyll Ardiente, primary care doctor and nurse, has trusted his electric scooter (e-scooter) for several months now.

Djan, who lives here on D. Jakosalem Street, decided to buy an electric scooter last March when the lockdown due to coronavirus disease was put in place and crippled public transport.

“I had planned to buy a motorcycle but with the confinement, getting a driver’s license would be too difficult. That’s why I bought an electric scooter, ”said Djan in a mix of Cebuano and English.

Since then, the 23-year-old nurse has been using his electric scooter for personal transportation and he said he was very happy to have made this decision.

“I usually spend around P200 a day to get to and from work when I take a cab. But now that I’m riding an electric scooter, it has helped me cut down on my daily expenses, ”Djan told CDN Digital in an interview.

He added that driving an electric scooter also cuts his commute time from an usual hour to around 10 to 15 minutes between his home and his workplace in IT Park, Barangay Apas.

“When you drive a four-wheeled vehicle like a taxi, you might get stuck in traffic, whereas in an electric scooter you may just find small roads and shortcuts that will get you to your job faster, and without bumping into you. in traffic, ”he explained.

The growing movement of electric scooters in Cebu

Electric scooters parked in front of a building in Gonzalez Compound, Brgy. Kamputhaw, Cebu City CDN Digital Photo | Morexette Marie Erram

CDN Digital met Djan at Gonzalez Compound at Barangay Kamputhaw on Saturday September 26, 2020.

At that time, he was with several other Cebuanos who, like him, own and drive electric scooters to take them anywhere in the Cebu metropolitan area.

Sugbo Skooteros

Recently, the Cebu City government has warned individuals like Djan who use electric scooters on public roads that their vehicles could be impounded and could be issued with tickets.

This is after Mayor Edgardo Labella and the Cebu City Transportation Bureau (CCTO) announced that they would tighten up a provision in the city’s highway code that allegedly prohibits electric scooters from driving on the streets.

Labella, in previous interviews, also said the move was aimed at preventing accidents involving scooters from occurring on Cebu City’s roads and major arteries.

READ MORE: Banning electric scooters from major arteries, city roads are for public safety – Labella

The move drew much criticism and reaction from the public, citing the need for alternative modes of transportation due to the “lack of public utility vehicles (VPUs)” amid an ongoing public health crisis.

Read: Cebu City father bans electric scooters: “It’s premature”

This prompted Sugbo Skooteros, a Cebu-based community that promotes electric scooters as an alternative and sustainable mode of transportation, to launch a plan to help cyclists like Djan.

Dr Evanuelle Mendoza, one of the founders of Sugbo Skooteros, said her group was willing to help the city government regulate electric scooters if that meant not restricting the use of this two-wheeled vehicle to transportation purposes.

The growing movement of electric scooters in Cebu

Dr Evanuelle Mendoza, founder of Sugbo Skooteros. Digital Photo CDN | Morexette Marie Erram

“We don’t use electric scooters for recreation. We use it as a means of transport which will help us to travel from point A to point B ”

“We met (the head of CCTO) and offered to help with regulation until there was a final draft (of guidelines on electric scooters) approved by the LTO (Land Transport Authority)” , Mendoza said.

The doctor was referring to the statement by Secretary of Transportation Arthur Tugade that the Department of Transportation (DOTr) did not want the mandatory registration of electric scooters and e-bikes (e-bikes) until the LTO issues a memorandum official or directives concerning the regulation of these vehicles.

Mendoza said that if local officials accept their offer, Sugbo Skooteros will provide consultation and technical assistance to ensure the city’s roads are safe and inclusive for electric scooter riders.

“We would like to work with the Cebu City government, and we hope they will accept our offer,” he said.

Sugbo Skooteros was established in 2019. According to Mendoza, it was an offshoot of growing interest nationwide in electric scooters as sustainable modes of transportation that could help reduce carbon footprints and the number of gasoline vehicles on the streets.

One of the main functions of Sugbo Skooteros was to inform, educate and train drivers on the correct way to ride electric scooters, as well as the relevant traffic rules and regulations.

“As a community, we watch each other once we ride our electric scooters on the roads. We all understood the traffic rules and the safety measures needed to cross the roads, ”Mendoza said.

Electric scooters and pandemic

When the 2019 coronavirus disease (COVID-19) hit the city of Cebu earlier this year and quarantine restrictions halted PUV operations, the membership of Sugbo Skooteros rapidly increased.

Mendoza said about 45% to 55% of people who joined their community were workers like Djan, battling the pandemic on the front lines.

“When they said they were going to ban electric scooters, they weren’t just reaching a small community,” Mendoza said.

“We are ready for regulation with the appropriate consultation. What we are opposed to is prohibiting someone from moving and crossing the road. This is why we want to work with the government and make the public understand why it is a sustainable mode of transport, ”he added.

The group takes issue with city government claims that City Ordinance 801 or Cebu City Traffic Code prohibited roller coasters, roller skates and toy vehicles or similar devices on any road, except when crossing a street.

But Mendoza, citing the initial findings of Sugbo Skooteros’ own legal team, said electric scooters did not fall into the prohibited category by Cebu City’s traffic laws.

“We don’t use electric scooters for recreation. We use it as a means of transportation that will help us travel from point A to point B, ”he explained.

In the meantime, Mendoza said his group is helping its members know what to do in case a traffic cop in Cebu City reports them for riding their electric scooters.

“Many of our members have asked us for clarification. Our legal team helps them know what to expect and what to do when an enforcement official tells them to stop, ”Mendoza said.

For Djan, the city government’s statement was “not right at the moment and inappropriate.” But that won’t stop him, and Sugbo Skooteros for that matter, from riding their electric scooters to promote their advocacy and invite more people to join their community.

The growing movement of electric scooters in Cebu

Nurse and Sugbo Skootero Member Djan Dyll Ardiente CDN Digital Photo | Morexette Marie Erram

“It’s not right now and inopportune given that people like me needed an affordable way to get from point A to point B when there was a pandemic going on. But I know what to say in case the authorities ask me why I am driving an electric scooter. For me, the key is to continue to be a law-abiding cyclist who obeys the proper traffic rules and regulations, ”said Djan.

/ bmjo

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GSB takes out car title loans to keep interest rates low

The GSB logo on display at a Money Expo. The state-backed bank introduces auto title loans to put pressure on interest rates. (Photo by Patipat Janthong)

Government Savings Bank (GSB) plans to enter the auto securities lending market with a focus on retail loans worth up to 200,000 baht per borrower.

The bank’s penetration into the auto securities lending market is aimed at lowering the interest rates charged in this lending segment, President Vitai Ratanakorn said.

The Bank of Thailand has cut interest rates on auto securities lending to 24%, from 28% on Aug. 1, but the rate remains high, Vitai said.

GSB plans to cap the interest on the car title loan at 18%, plus or minus not more than 2%. The 18% rate will be assessed based on customer profiles, Vitai said.

For example, a car with good conditions may receive an interest rate of 16%, while older models or vehicles with risk may see 2% interest added to the 18% rate.

The 18% interest rate for auto title loans, classified as unsecured loans, is lower than the interest rates charged by non-bank companies.

But GSB can still turn a profit because the bank’s existing unsecured loan products have interest rates below 18%, Vitai said.

Non-bank companies involved in auto securities lending have a net interest margin of 15-20%, higher than the NIM of 2% in public banks and 3% in commercial banks, he said.

GSB is evaluating a potential joint venture partner in the automotive securities lending industry.

Are title pawns and title loans legal in Georgia?

Title loans have become very popular in recent years in the South. However, many people are unaware of the difference and the legalities behind securities lending and securities pawns. Some of you reading this might not have known they were different at all until this second – and that’s okay! We will tell you everything.

The difference between securities loans and securities pawns

Yes, it’s true, they are both very similar. However, you need to know the difference because one is legal and the other is illegal in the state of Georgia! So let’s go, shall we?

Securities lending

A title loan is a type of financial assistance that uses the title of your vehicle as collateral so that you can borrow funds. You don’t need to have perfect credit, but some providers will verify that you are not bankrupt.

Some companies call them car title loans, pink slip loans, auto equity loans, auto equity loans, etc. This is how they get confused and slip under the radar of state law because title lending in Georgia is illegal.

Title pawns

A title pawn, on the other hand, is completely legal in Georgia. However, they still use your vehicle title as collateral. Also, there is no extensive credit check.

So what’s the difference? Well, you have to agree that you will be separated from the title of your vehicle for the duration of the loan.

The dangers of title tokens

Now, if you can afford to repay your loan, there’s really no danger of title pawns. However, it’s incredibly easy to fall into the cycle of debt if you’re not careful and plan properly.

If you haven’t heard of the common debt cycle or debt trap as it’s otherwise known, here’s how it works:

  1. You take out a title pledge loan.
  2. You realize you can’t pay it back for some reason.
  3. You take out a different loan to pay off the original title loan.
  4. You cannot afford to repay the second loan.
  5. So you take out another loan.
  6. Thus, a cycle is born, from which it is extremely difficult to break free.

Yes, it can leave you in a very bad situation, very quickly. Not to mention they don’t take life very well throwing expensive and catastrophic curveballs at you!

Luckily, there are ways to plan ahead and check if you can afford it before signing up for anything.

To get started, you can use a free online loan calculator. Here you enter the loan amount, the interest rate, how much you can afford to pay each month, and the term. Then he will tell you if you can afford the loan. Sounds good, right?

Once you’ve done that, save for your loan. It seems rather counter-intuitive, but it can prevent you from falling into the terrible debt cycle we talked about earlier. Setting aside a specified amount until you need a loan can help you meet the repayment deadline and ultimately keep your vehicle and your life intact.

New usury laws to make title pawns safer for you

I hope we haven’t just pushed you away from getting a title pawn. Why? Because Georgia has enacted new usury laws to make acquiring one much safer for you. Let’s take a look at the details.

As we mentioned at the start, title pawns have become more and more popular over the years – and believe us, the feds have taken notice! Therefore, they have cracked down on the pawnbroking industry, to protect you and your financial health.

The new usury laws have been released by the Consumer Financial Protection Bureau. This regulation requires pawnbrokers in title to determine if you can repay the loan before giving it to you. While people shouldn’t take out loans if they can’t afford to repay them, the usury law has helped people (who would otherwise make rash decisions in times of crisis) to stay out of the debt cycle.

Reimbursement terms and conditions

Since title pawns fall into the category of “pawnbrokers”, providers may charge you up to 25% interest per month for the first 90 days (plus fees). After that, it goes down, but an additional fee is charged each day you go over the 90-day “limit”.

It is important to note, however, that these pawns must be issued for 30 days (as stated in the usury law). If you can’t pay it back that quickly, the term will be extended in 30-day increments. For those who reach three overtimes, you’re entering the cycle of debt, so do your best not to keep asking for more – you’ll end up paying way more than you’re worth.

Contract requirements

If you have ever taken out a title loan, you will know the requirements. They haven’t changed much under the new usury laws. Anyway, let’s take a look at them now.

The requirements of the contract consist of the following:

  • The 30-day interest rate;
  • The payment of extensions and the associated costs;
  • The start and end date of the repayment period;
  • The total amount (in dollars) to be reimbursed; and
  • The declaration informing you that in the event of non-payment, your vehicle will be repossessed.

Beware of these vendors

Unfortunately, there are still companies operating in Georgia that illegally offer title loans. These providers will not give you the legal documents and will not follow usury laws. Not to mention that their interest rates are abominably high.

To avoid selling your soul to these illegal moneylenders, be sure to do your research. The internet is full of reviews of all the places you could go, so check them out first. This will save you a world of hassle in the end.

The final take

We know that was a lot of information that was definitely a bit confusing and somewhat scary. But don’t worry, you can find a summary below to calm your nerves and show you that there’s nothing to worry about (as long as you plan ahead!).

  • Title pawns in Georgia are legal, title loans are not.
  • You can use online calculators to check whether you can afford it or not.
  • New usury laws have been enacted by the Consumer Financial Protection Bureau.
  • These laws ensure that the lender must verify that you can afford to repay it in full before allowing you to sign the agreement.

Vespa Racing Sixties Scooter Price: Special Edition Vespa Racing Sixties scooters arrive in India from Rs 1.20 lakh


NEW DELHI: Piaggio India on Tuesday launched special edition Vespa Racing Sixties scooters inspired by racing machines from the 1960s era. The Vespa Racing Sixties will be available in two variants of 125cc and 150cc priced at Rs 1,19,999 and Rs 1.32641, respectively, in India, the company said in a statement.

The special edition scooters were unveiled earlier this year at Auto Expo 2020. It is based on the company’s Vespa SXL 150 BS6 and SXL 125 BS-VI.

Piaggio India President and CEO Diego Graffi said: “As an iconic brand with a long-standing heritage, Vespa is continually rediscovering itself by setting new trends that reflect its versatility to represent unique specialties from different eras. ”

The Vespa Racing Sixties is an “outstanding representation” in the rediscovery of the racing machine theme of the golden racing era of the 1960s and the new introduction “combines heritage with current cutting edge technology,” Graffi added.

The new scooters have a full steel unibody body and are fitted with safety devices such as an anti-lock braking system or a combined braking system.

Innovation 101 at Auto Expo: IoT compatible bikes, cars with powerful engines, EVs in abundance

Vroum, vroum!

It’s that time of year when all auto freaks and auto aficionados are at Auto Expo to witness the biggest car launches.

This year, just like the other years, the Auto Expo has grown and showcased some of the most anticipated cars, MUVs / SUVs, two-wheelers, three-wheelers, concept cars, vintage cars and more. The event started on February 7 and will end on February 12.

Brands like Mercedes-Benz, Volkswagen, Renault, Great Wall Motors, Kia, Hyundai, Tata Motors, Mahindra & Mahindra and Morris Garages attended the event and showcased their cars.

This time, Honda and BMW are missing at the Auto Expo.

If you don’t know the cars and motorcycles that fell at Auto Expo, don’t worry because we’ve got you covered. Here’s everything you need to know about car launches at the mega event.



Piaggio launches Vespa Racing Sixties scooter, price starts at Rs 1.20 lakh, Auto News, ET Auto


company says, the scooter is based on the Vespa SXL 150 BS6 and SXL 125 BS-VI.”/>
Piaggio India unveiled the special edition scooters at Auto Expo 2020 earlier this year. As the company says, the scooter is based on the Vespa SXL 150 BS6 and SXL 125 BS-VI.

New Delhi: Piaggio India announced on Tuesday the launch of its special edition Vespa Racing Sixties scooter inspired by racing machines from the 1960s era. The Vespa Racing Sixties scooter will be available in two variants of 125cc and 150cc, priced at Rs 1,19,999 and Rs 1,32,641 (ex-showroom), respectively.

Piaggio India unveiled the special edition scooters at Auto Expo 2020 earlier this year. As the company says, the scooter is based on the Vespa SXL 150 BS6 and SXL 125 BS-VI.

Commenting on the launch of the scooter, Piaggio India President and CEO Diego Graffi said: “As an iconic brand with a long-standing heritage, Vespa is continually rediscovering itself by setting new trends that reflect its versatility to represent unique specialties from different eras.

As the company says, the new scooters feature a state-of-the-art all-steel unibody body and come equipped with safety features such as an anti-lock braking system or a combination brake system.

Read: ETAuto Originals: Bike craze sweeps India during COVID era


How Do Car Title Loans Work?

All loans carry risk if they are not repaid on time. One particularly troubling consequence of a car title loan, however, is if you default on your payment obligations: the lender can take your vehicle.

Before you consider getting a title loan, think about the potential potholes you will encounter if you use your vehicle as collateral to borrow money.

What is a title loan?


Definition of car title loan

An auto title loan is a short term loan that allows you to get a small amount of money in exchange for handing over the title of your vehicle to the lender. You will also have to pay significant fees to borrow money.


Let’s say you own a car worth $ 5,000 and you find yourself in an emergency that requires $ 1,000. A title loan allows you to borrow against your vehicle, so you can quickly get that $ 1,000. Just like a mortgage is against your home, a title loan uses your vehicle as collateral.

“One of the main pieces of information people need to understand about a title loan is that it uses your vehicle’s equity to secure the money you borrow,” says Bruce McClary, vice-president. president of communications at the National Foundation for Credit Counseling. .

In most cases, you must own your vehicle to be eligible for an auto title loan. The term “car” may appear in the name of the product, but these loans may also be available for motorcycles, boats and recreational vehicles.

While some lenders will offer loans if a car is still in repayment, most require the owner to hold title without any debt related to the vehicle. Consumers can typically borrow between 25 and 50 percent of the value of the car.

How does securities lending work?

Car title loans come in many forms. Some are lump sum loans, which means the borrower has to pay the full loan amount plus interest charges within a month or so. Installment loans, with similarly high APRs, can be repaid over three or six months, depending on the lender.

When applying for a car title loan, be prepared to show the lender clear title, proof of insurance, and photo ID. Some lenders ask for a second set of keys.

While securing a title loan can be easy, the convenience comes with significant costs and risks, according to Graciela Aponte-Diaz, director of federal campaigns at the Center for Responsible Lending.

“Some auto title lenders install a GPS device – dubbed a ‘kill switch’ – that can prevent the borrower’s car from starting, using this practice as a way to collect debt or facilitate foreclosure of the car,” explains Aponte-Diaz. . “In addition to being (the) primary form of transportation to work, to the doctor and elsewhere, a car is often a person’s biggest financial asset. The looming threat of losing your car is anxiety-provoking, to put it mildly.

Disadvantages of Securities Lending

The main disadvantages of title loans are a short repayment period, very high interest rates, and the potential loss of your car if you default on your payment.

“These are generally short-term loans with very tight repayment cycles,” says McClary. “If you can’t pay the loan back when it falls due, it gets carried over to another cycle with more fees. This creates a very difficult situation for people who are already struggling to repay. This is the exact definition of the debt cycle.

In addition to tight repayment terms, auto title loans have extremely high interest rates. Lenders often charge 25% each month in finance fees. On a $ 2,000 loan, you will pay an additional $ 500 in interest if the loan is paid off in 30 days. If you are behind on your payment and those interest charges add up, the loan can end up costing much more than the original sticker price.

Perhaps the biggest downside is losing your car. If you can’t pay it back, the lender can take your vehicle back. In 2016, a study by the Consumer Financial Protection Bureau found that 20 percent of those who take out title loans have their vehicles foreclosed.

Alternatives to securities lending

With such drawbacks, McClary recommends reaching out to traditional banks and credit unions to explore other, less expensive lending options.

“A lot of people might avoid traditional lenders because of assumptions about their credit,” he says. “It’s the most dangerous thing you can do. You are depriving yourself of money that you could potentially save.

Even if you don’t have a bank account, have a lower credit rating, or have struggled with bad financial decisions in the past, it’s worth investigating all of your loan alternatives. “It’s interesting how flexible these traditional lenders can be,” says McClary. “There are a lot of credit unions that are willing to work with unbanked customers. “

McClary says he rarely advises increasing credit card debt, but stresses it’s a better option than a title loan. “If you have unused credit on a credit card, you can count on it to cover your costs,” he says. “In most cases, the interest rate on your credit card will be much lower than what you get on a car title loan. And this route prevents you from potentially losing your vehicle.

At the end of the line

If you decide that a car title loan is your only option, make sure you understand the terms of the loan. Securities lenders are required to show them to you in writing before signing, and federal law requires them to be honest and upfront about the total cost of the loan. And remember, these costs are probably not worth the risk.

Car title loans often lead people to get into debt and lose their cars,” says Aponte-Diaz. “Car title lenders often make people worse off than they were before they took out the loan.”

Ather electric scooter price will be 15,000 rupees lower in Delhi


Ather Energy sells 450 and 450X scooters in Bangalore and Chennai – They will be launched in many other cities including Delhi this year

Ather 450X launched in January 2020. In fact, sales for that month were the brand’s highest for the year so far, breaking the 800-unit mark. While sales resumed in May 2020 after a partial foreclosure in March and a full foreclosure in April, sales in May were weak. MoM sales for June and July are about to pick up. July 2020 sales were reported at less than 200 units.

To boost sales, Ather will launch its electric scooter in many new cities, including Delhi. Now, with a clear overview of Delhi EV policy, Ather’s intention to start operations in Delhi is getting a boost. Essentially, the benefits offered by the state will reduce the purchase price on the road.

“Ather will begin deliveries of our flagship Ather 450X scooter in the coming weeks in Delhi. State policy is effectively reducing the on-road cost of our scooters by almost Rs 15,000. We look forward to being in the nation’s capital very soon, ”said Tarun Mehta, CEO of Ather Energy.

Delhi EV Policy 2020

While Delhi sees a large number of electric three-rickshaws in daily service, especially when it comes to last mile connectivity, the adaptation of electric vehicles to personal mobility vehicles has been lackluster. Essentially, Delhi’s electric vehicle policy seeks to incentivize purchases through subsidies and waivers, reduce pollution, and develop infrastructure and activities around strengthening the adaptation of electric vehicles to generate revenue. jobs. Road tax and registration fees are waived.

Electric scooter Ather 450X

The Delhi government has developed a time-bound and targeted electric vehicle policy. Above all, it is designed to stimulate buying incentives. The state offered an additional subsidy to make electric vehicles more accessible. The policy describes the development of the charging infrastructure, the types of electric vehicles transported, as well as the consideration of the policy for the disposal of old ECE vehicles. There is not yet a set amount for what the payment will be for an old ICE vehicle and whether or not this will be beneficial for all future vehicle purchases, or for EVs alone.

As it stands, the financial incentives for electric two-wheelers, electric rickshaws and electric freight vehicles will amount to Rs 30,000. The benefit is Rs 1,50,000. for electric cars. The incentives offered through the Delhi EV policy will be applicable in addition to the incentives for electric vehicles under central government.

The Delhi EV policy in its current form is designed for an initial period of three years. Progress will be monitored through regular reviews. A state fund for electric vehicles (EVs) will cover policy-related expenses. An electric vehicle board chaired by the state transport minister will oversee the implementation of the policy. The policy describes the sale of a total of 5 lakh of new electric vehicles over a period of 5 years.

The development of infrastructures provides for the installation of 200 charging stations per year, with an electric charging station every 3 kms. While it is too early to predict the success of the policy, on paper the now progressive policy is expected to benefit a wide range of potential electric vehicle users. Delhi EV policy does not benefit lithium battery electric scooters with speeds up to 25 km / h.


Griffith, Zwick: Triple-digit interest rate securities lending more dangerous during COVID-19 pandemic

By Kelly Griffith and Cynthia Zwick

As working Arizona families struggle to maintain jobs and reliable sources of income in a historically dire economy, the last thing they need is a predatory debt trap making matters worse.

A securities lender recently claimed his business was essential: charging triple-digit interest on loans that trap people in debt at the risk of losing the vehicles they depend on. It is an insult to families who are most exposed to the health impact of COVID-19 as well as financial devastation.

Arizona voters sent a clear message in 2008 that payday lenders were unwelcome to continue charging vulnerable consumers outrageous interest rates of up to 391%. Voters rejected a payday industry-sponsored voting measure by a 3 to 2 margin, which ultimately led the state to cap payday loan interest rates at 36%.

And a recent poll indicates that Arizona voters, regardless of their political party, strongly oppose these predatory practices. Seventy percent of Arizona voters support a 36% interest rate cap. Eight in 10 Americans (81%) support a ban on all high interest loans during the coronavirus crisis, with more than half (56%) doing so strongly.

Even though the recent increase in COVID-19 cases demonstrates that the virus knows no bounds on who it affects, it has become evident that this virus has a disproportionate impact on communities of color. The same goes for predatory loans. In states where payday loans are legal, stores are heavily concentrated in black and Latino communities, stripping precious wealth from places that are already in trouble.

Auto title lending stores follow the same pattern. A 2018 car title lending location mapping by Tucson’s Center for Economic Integrity found that high-cost lenders are much more likely to be located in low-income neighborhoods of color. In Arizona alone, these predatory lenders drain $ 255 million a year from our most vulnerable neighbors.

In the event of a pandemic, defending this legalized usurious loan exposes people of color to economic catastrophe on top of the worst health problems they already face.

As a society, we have a responsibility to be aware of how devastating securities lending can be for the individuals, families and communities of color who are most often the targets of unscrupulous lenders. Aside from television commercials and billboards, a small, triple-digit interest rate loan does not offer relief from financial hardship. These types of loans take a precarious financial situation and turn it into an absolute disaster.

Auto title lenders continue to file collection cases against their borrowers despite the emergency declared by Governor Ducey on March 11. In a single day last week (July 15), Checkmate Express filed 15 new cases against borrowers in the Maricopa County Court of Justice, indicating that these loans are unaffordable and borrowers are in trouble. The effects of small, high-cost loans are creating additional damage and widening health and wealth gaps, especially now in times of a pandemic.

Securities loans are predatory and designed in such a way that the borrower is trapped in a never-ending cycle of debt. The Consumer Financial Protection Bureau has found that one in five borrowers have repossessed their vehicles and that two-thirds of lender volume comes from borrowers stranded in seven or more loans.

The majority of securities lending companies in Arizona are regional or national chains, not family businesses. At least 18 approved securities lenders are headquartered outside of Arizona, representing 25% of businesses and 59% of approved sites offering loans in Arizona.

There are at least six licensed companies out of state that offer loans online without providing physical locations in Arizona, with the entire transaction handled electronically. In some cases, consumers apply for loans online, submit documents, and then take out loans with local agents.

Now more than ever, consumers need to be protected from these largely out-of-state financial predators, so that legitimate small lenders who meet Arizona’s 36% APR small consumer loan limit or less can arise in a fair and equitable market. .

Individuals and families do not need to access predatory products. What we need is for the state to deal with the issue of unemployment insurance, access to food, medical care, broadband, telehealth and other issues. urgent economic issues. And we need to strengthen consumer protections to guard against exploitation, including repealing the legal exclusion that allows triple-digit interest rate car title loans. This is the role of government during a crisis.

Arizonans are resourceful, resilient, and able to navigate just about anything. Loan programs that prey on people when they are most vulnerable on the pretext of being useful during a pandemic is a bit like a wolf parading in sheep’s clothing. Only those who profit from it agree with the trick. The rest of Arizona voters see it for what it is — wear and tear.

Editor’s Note: Kelly Griffith is the Executive Director of the Arizona Center for Economic Integrity and Cynthia Zwick is the Executive Director of Wildfire.

Dockless scooter, bike companies get 3-month reprieve from tougher regulations in LA – Daily News

Los Angeles’ cavalcade of dockless scooters and bikes will avoid tougher requirements, including new fees and a requirement for locks, at least until the end of the year, while the Los Angeles Department of Transportation irons out several key regulations for the infant industry.

The Los Angeles City Council’s transportation committee technically approved a set of regulations proposed by the LADOT this week, but it delayed the rollout until Dec. 31 and sent the tougher rules back to the drawing board in-between. time.

Now, the same companies that opposed the proposal are optimistic that the extra time will allow them to negotiate common ground. In a statement, Lyft praised the board members’ delay.

“While we were disappointed that LADOT’s plan did not address many of our concerns and feedback, we look forward to working with the LADOT Board and staff over the next three months,” Lyft said in a statement.

Phuong Bui, head of government partnerships for Spin, said the company supports the city’s goal of “penalizing bad actors and incentivizing good partners” and called it a step in the right direction.

Uneven distribution in neighborhoods

LADOT initially took a softer approach to regulation in the first year of its “micro-mobility” pilot program, but too few companies took advantage of the incentives to roll out in low-income neighborhoods and instead oversaturated the streets of Venice, Hollywood and downtown. . Residents have complained of scooters left haphazardly on sidewalks, thrown into trees and abandoned on private property. Some neighborhoods have never seen the vehicles.

“There really wasn’t a deep shared commitment to achieving these equity outcomes,” Seleta Reynolds, LADOT’s chief executive, said at Wednesday’s committee meeting. The city offered a “carrot basket” but found that without harsh penalties, companies chose to ignore large swaths of the city, she said.

Nearly a quarter of runners in the pilot program earned $100,000 or more a year, according to a one-year review. The review also found that only 2% of all trips started or ended in the San Fernando Valley. According to the report, response times to service requests – 90% of which were related to improperly parked vehicles – were nearly four hours longer in the Valley than averages elsewhere.

Punishment led to compliance

But the department’s new regulations in response to the program’s first year relied too much on penalties, at least according to providers. Fines for non-compliance with the proposed regulations can reach $100,000 under the proposed rules.

Three particular areas have been targeted by companies as potentially damaging to the industry. First, requiring vehicles to be retrofitted to lock on any bike rack within the next six months would cost businesses ‘millions’, they said, despite the city lacking the necessary infrastructure in place before the deadline. LADOT said the requirement was staggered for a reason, so companies could prepare for the inevitable change in advance.

Getting runners to properly comply with this requirement would likely present an additional challenge. While 82% of commuters knew not to ride on the sidewalk, a third still preferred to do just that, according to the city’s one-year tally. About 85% of all citations related to the program in March 2020 were for driving on the sidewalk. At the same time, less than half of the vehicles audited during the review period were parked correctly

The controversial second rule would have established a “per trip” permit fee that charged operators nothing to deploy in the most economically disadvantaged neighborhoods and up to 40 cents per trip in popular destinations. Company representatives praised the per-ride charges, but felt the levels were too confusing and the charges were too high. Some have instead asked for a flat rate of 10 to 20 cents down the line. Previously, the city charged $39 to $130 up front per vehicle depending on its deployment location.

Third, companies objected to a hard cap that limited passenger costs to $1.25 to $1.75 in areas with low incomes and poor transportation. Micro-mobility companies have argued that they do not receive the heavy subsidies given to other, more traditional transport services and would have to operate at a loss in these areas.

“We believe that the current proposal, as it stands, creates an unfavorable policy environment that significantly reduces the sustainability of operators in the market,” Bird, Lyft, Lime and Wheels companies said in a joint letter before the meeting. They alleged that they had been left out of the rule-making process and requested a six-month extension of the existing rules.

They got a little over half of that instead. The transport committee asked the LADOT to examine the lockout requirement for other possible alternatives – such as anti-tip technology – and fare caps to determine whether the requirement to enroll a certain number of people in a discounted goodwill program may be more effective in achieving departmental equity goals.

“Equity Zones”

The committee also pushed LADOT to come back with clearer boundaries in its “equity zones,” the disadvantaged areas where lower fees and rates would come into effect under the proposal. Currently, the zones include areas such as protected wetlands, where an increase in ridership is not required.

Sam Sadle, government relations manager for Lime in North America, said he’s optimistic that his company and the other suppliers can work with the city over the next few months to create a framework that meets everyone’s goals. He acknowledged that the industry could have done a better job of providing services in communities that are sorely lacking in transportation options.

Lime offers a 70% discount on memberships for low-income people, and other companies, such as Spin, offer similar discounts. However, in its first-year review, LADOT found that programs like this were largely unknown to qualified people.

“It’s a new industry,” Sadle said. “I think we have learned a lot and still have a lot to learn. It is up to us to do a better job and we are committed to doing so.

Piaggio India announces festive offers for Aprilia and Vespa scooter range



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Ganesh Chaturthi offer is available in select states including Maharashtra, Gujarat, Rajasthan and MP

Piaggio India has rolled out festive offers for the celebration of Ganesh Chaturthi for its range of Aprilia and Vespa scooters. Festive offerings are available in some states, however, including Maharashtra, Gujarat, Madhya Pradesh, and Rajasthan. As part of the special offer, customers will have the chance to win up to 20,000 in cashback with the purchase of the Vespa SXL and VXL 125 and 150 models, as well as the Aprilia SR 160, SR 125 and Storm 125 scooters The offer, however, is only available at Company dealers in certain states and will not apply to customers who book scooters online.

Read also: 2020 Aprilia Storm 125 Front Disc Brake and Vespa VXL, SXL Facelifts launched in India

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The updated BS6 compliant Vespa 2020 range was introduced earlier this year with updated engines and LED headlights with DRL

Ganesh Chaturthi kicks off the holiday season in India, which is considered to be one of the best times to buy a vehicle. The offer is only available this month and ends August 31, 2020. With this announcement, Piaggio becomes the first two-wheeler to announce offers for the holiday season and will help dealers recover. losses accumulated in recent months. Meanwhile, to those who choose to buy the scooters online, Piaggio is already offering 2000 benefits across its range.

Aprilia and Vespa scooters conforming to the BS6 standard were introduced in India last month. The 2020 Vespa VXL and SXL 125 and 150 BS6 come with a new LED headlight with integrated DRL, a USB mobile charging port and starter light. The retro Italian style has been carried over to the models making it a distinctive buy in the segment. The Vespa range starts at ₹ 1.10 lakh (ex-showroom, Pune).

Read also: Aprilia SXR 160 maxi-scooter unveiled at 2020 auto show

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The 2020 Aprilia Storm 125 with front disc brake and digital instrument console was announced last month

On the other hand, the Aprilia Storm 125 is the latest addition to the lineup and has been upgraded with a front disc brake and digital instrument console, and is priced at 91,321. This is the drum brake version, although it is the most affordable offering here priced at 85,431. The Aprilia SR 160 is the most expensive of the range at ₹ 1.12 lakh (all prices, ex-Pune showroom). The SR 160 also gets a larger 160cc BS6-compliant engine that produces 10.8hp and 11.6Nm of maximum torque.

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Piaggio India will soon add the Aprilia SXR 160 maxi-scooter to its range. The model was unveiled at Auto Expo 2020 in February and was initially scheduled to go on sale in the third quarter of the calendar year. However, with the COVID-19 crisis, the launch could be postponed for a few weeks. The manufacturer has yet to announce a change in the launch schedule for the next model. carandbike has contacted Piaggio for more details and will update this space as we receive a response.

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Ampere Magnus Pro electric scooter price Rs 50k on road


Industry’s first battery subscription plan launched by Ampere electric scooter in India

It was only recently that Hero Electric announced its association with Autovert for the introduction of subscription plans. Today, Ampere Electric Launches announces a battery subscription plan at a starting price of Rs 1,990 in partnership with Autovert Technologies.

The collaboration offers a battery subscription plan through a platform supported by IOT. The plan makes electric scooters even more affordable. In its start-up phase, the plan is presented with selected dealers in Bangalore and will be available in other cities in the next phase of expansion.

Advantages

A proposed battery subscription plan reduces the cost of acquiring the vehicle while being an alternative choice for buyers to get more than one finance option. Customers can choose Magnus Pro electric scooter for the least amount of money Rs. 49,990 on the road when selecting a monthly battery subscription of Rs. 1,990. For those who do not want to opt for the subscription plan, will have to ex-showroom price Rs. 73,990.

Magnus Pro specifications

Plan helps manage battery life cycle as well as benefits including 5 year extended warranty, full vehicle insurance, 24 month full vehicle service and maintenance, attractive upgrade options , replacement battery discounts, etc.

Full vehicle subscription plans are available for the Magnus Pro and Zeal models, from Rs. 2,777 per month. With now and various subscription finance plans, the Ampere electric scooter buying process is designed to be accessible to interested buyers. Ease of ownership makes it easy to upgrade to another Ampere scooter after the fixed subscription term has ended.

Electric thrust

The rough guideline is to see 30% of car sales covered by electric mobility by 2030. To achieve the goal, the need is not only to introduce updated electric vehicles, but to ensure a accessible funding that promotes faster adoption of electric vehicles in the country. Ampere electric scooters are sold in 220 licensed showrooms in India. with a value proposition of 90 percent savings over conventional scooters. The automaker claims that every Ampere electric scooter sold is equivalent to plant 12 trees.

Although the purchase of mainstream two-wheelers is not as dependent on financing as the purchase of large tickets, the introduction of easy EMI offers and subscription plans helps ease the financial burden to a great extent. . The easy upgrade options make these purchases akin to durable gadget purchases for consumers.

P Sanjeev, COO, Ampere Vehicles said, “We are pleased to partner with Autovert Technologies to present this unique battery subscription plan. With this association with special Ampere Freedom offers, we aim to make Ampere vehicles more affordable and accessible to the consumer.

Speaking on this announcement, Vinay Sharma, Co-founder and CTO from Autovert said. “The Battery subscription is possible, given the modular nature of the EV, which lends itself to decoupling the battery from the vehicle and the specific services offered around its life cycle. The EV ecosystem demands an alternative ownership model to drive faster adoption among an emerging customer base and we are happy to be at the forefront of this with our products and partners like Ampere to bring it to market.


How to choose a lender for car title loans

Are you looking for any type of loan or financing? You need to find the right lender in order to enjoy peace of mind and reassurance. You will find many different loan products and lenders these days. However, your situation will determine the types of loans you are eligible for, such as car title loans.

If you have a low income and a bad credit score, you may find that your options for getting a loan are much more limited. Nevertheless, there are options available. Although they may be limited, you should always ensure that you choose the right lender.

One of the options you can consider if you own your vehicle and it is registered in your name is a car title loan. With California car title loans, you can benefit from a simple application process and a better chance of getting the money you need compared to a traditional lender. When it comes to choosing the right lender, you need to consider various factors. We will look at some of them in this article.

Key points you need to keep in mind

When it comes to finding the right lender for your loan, there are a few key factors you need to keep in mind to help you make the right decision.

The borrowing percentage

When you take out a car title loan, you can borrow up to a maximum percentage of the value of the vehicle. This percentage may vary from one lender to another. You should make sure to check what it is before deciding which lender to use.

This will determine how much you can borrow against your car, so you can see if it will get you the amount of money you need.

Interest rates and conditions

Another important thing you need to look into is the interest rates charged and the terms of the loan, which can also vary from provider to provider. By checking these details, you can ensure that you are getting a fair deal and that the loan is both affordable and suitable for your needs.

Ease of application

The ease of applying for car title loans is another thing you might want to consider. It can save you a lot of time and hassle.

With some providers, you can do the whole process online and from the comfort of your own home. It saves you a lot of stress and frustration.

Speed ​​of payment

For many people, the speed of payment will also be critical. Some may need access to cash quickly for a financial emergency, so it is worth checking how quickly payment is usually made to the applicant. You can then be sure to get the money quickly.

Here are some of the essential things to consider when choosing a car title loan provider.

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Why are title loans better financial options than traditional loans?

Whenever you have financial needs, you start tapping into the best financial solutions. The two main options you can make the most of are quick title loans or traditional car loans. It’s time to find out why people only opt for the first option.

Traditional Car Loan Vs. Modern Car Title Loan

You should clarify at this point that both options are classified under a secured loan. You use your car or its title as collateral to get a loan. However, there are certain things that make a quick title loan the best financial choice for a person.

Less paperwork – Consider getting a loan from a traditional channel, i.e. a bank, and you will start to imagine all those documents you need to bring there. Getting a loan with a car title, however, is quite convenient, as you don’t have to organize a lot of paperwork. The first document is the original unlicensed car title and the second document is proof of income. The purpose of obtaining this proof is to understand the debt-to-income ratio. Every lender tries to play it safe. Therefore, he is interested whether you can manage the monthly loan payment or not. You may be surprised to learn that many lenders are willing to give you a loan against your car title, even when you are unemployed.

Loan Approval Speed ​​- Everyone knows the frustration of traditional lending. You will have to wait for weeks to get loan approval even if you meet all the conditions. The bank does not grant loans quickly. They take time, and you have to show some understanding of the ins and outs of the loan approval process. What if you can’t wait that long? In case of immediate cash needs, fast title loans work as great lending solutions for individuals. You can expect to get the loan amount on the same day if you choose the best title loan provider.

No need for co-signers – If you do not have a good credit rating and a good credit score, then you start looking for a consignee, and finding it is not so easy. The bank requires a consignee, so when you cannot pay the loan amount, that person will pay the amount you owe the bank. However, fast title loans do not require a co-signer. The lender relies only on the collateral in case of risk of default.

No more credit checks – In a traditional loan, your creditworthiness plays a central role. The bank will perform a credit check to get an idea of ​​your credit score. Your creditworthiness will decide whether the auto loan will be approved or not. Contrary to this, fast securities lending do not require a credit check. They have little or no impact on your score and credit rating. Regardless of your credit score, a lender is there to help. This means that your bad credit will not be an obstacle for you.

Wrap

People opt for fast title loans because they can avoid the hassle of traditional loans. There is no need to go through the loan approval anxiety of waiting to receive a loan approval call from a conventional lender.

2020 Vespa scooter facelift reservations open online


Both scooters were shown at Auto Expo 2020 earlier this year

Piaggio India has now started accepting reservations for the new Vespa VXL and SXL scooters with the launch date set for later this month. Like most other automakers in India, Vespa has also launched the online booking service in accordance with health and safety precautions to be maintained during this time of the coronavirus pandemic.

Customers can visit www.shop.vespaindia.com to reserve any of these scooters. The amount of the reservation is set at Rs.1,000. The 2020 Vespa Facelift VXL and SXL scooters come in new color options and with several feature updates.

Built in a steel unibody body, both scooters receive LED headlights with an extra-bright daytime running light, trunk lighting and a USB charging port. It also benefits from an adjustable rear suspension as it sits on 5 petal wheels fitted with wide tires providing riders with a smoother riding experience.

facelift of Vespa scooters

In accordance with the new BS6 emission standards, the new Vespa VXL and SXL scooters receive a fuel-injected engine with 3-valve technology with clean emissions. Aside from the upgrade, the engines get the same horsepower and performance figures as the pre-topspin models.

The Vespa VXL and SXL are available with 125cc and 150cc BS6 compliant engine options, with fuel injection. The 125cc engine delivers 9.77 hp at 7,500 rpm and torque of 9.60 Nm at 5,500 rpm. The larger 150cc engine is capable of producing 10.3 hp at 7,600 rpm and torque of 10.6 Nm at 5,500 rpm. Both scooters receive a front disc brake with a dual pot caliper and are seen with ABS, or a combined braking system as standard depending on the brake configuration. Both scooters also benefit from an adjustable rear suspension.

The first examples of the two 2020 Vespa VXL and SXL scooters have already been shipped to company dealers. The official launch date is slated for later this month, after which deliveries would begin. Prices for the new scooters have yet to be announced.

Piaggio India launched a new e-commerce website for its two-wheeled product line in June 2020. It includes two different online stores for its Vespa scooters and one for Aprilia two-wheelers in India. This online service will allow dealers to be in contact with customers, accept reservations and answer their questions. They will also be able to initiate payment and complete the documentation process online. Buyers do not need to enter the showroom and can have it delivered to their door.


Single Electric Scooter Mark 2


As India makes the transition to electric vehicles, green two-wheelers are winning the adoption race over their four-wheeled counterparts. Joining the race is Simple Mark 2, where two-wheeler giants like Bajaj Auto have already announced their decision to go electric. Things might not be that simple for startups like Simple Energy.

Based in Karnataka, Simple Energy is an electric vehicle startup that will soon offer its electric scooter named Mark 2. With an expected price of around Rs 1 lakh, the Simple Mark 2 seems a serious contender for the likes of Ather 450X and TVS iQube.

Interesting way, Simple Energy claims to have made over 80% of electric scooter in India, importing lithium-ion battery cells from Japan, South Korea and Taiwan. With production slated to start early next year, here’s what we know about the scooter so far –

Simple brand specifications 2

Single Electric Scooter Mark 2

A Financial Express report highlights the specifications of the next electric scooter. According to the report, Simple Mark 2 will come with 4.2 kWh of usable capacity with 9.4 hp peak power and 72 Nm of torque.

This will translate to 0-50 km / h acceleration in 3.2 seconds. The electric scooter will have three driving modes – Eco, Normal and Sports with its top speed ranging from 35-40 km / h in Eco mode to 100 km / h in Sport mode.

Supported by a 6 kg battery, the three modes will offer a range of 260 km, 220 km and 180 km respectively. The portable battery will be able to charge from 0 to 80% in 40 minutes thanks to home charging.

Since electric scooters are the future of mobility in India, it is important that scooters take their part. Simple Mark 2 does an incredible job, sporting a rather angular and sporty futuristic design and highlighted by LED lighting up front and back.

Regarding new-age features, the Mark 2 will come with a 7-inch touchscreen with 4G connectivity and Bluetooth which should offer features like those seen on the Ather 450 in the video below.

Looking at the numbers, the Simple Mark 2 looks like an impressive addition to India’s range of electric two-wheelers. As it hits the market, it will be tough competition for electric scooters in India, which you can check out here.


Why car title loans have become a popular choice

In recent years, people have been able to turn to all kinds of solutions for their financial needs. Those looking to borrow money will find many options, but not all options are necessarily available to individuals. This is because various factors are considered when it comes to loans, such as your credit score, income, age, and other key factors. You may find that you qualify for some types of financing, such as car title loans, but not others.

If you have damaged credit or a low income, you may find that your options are much more limited. People in this type of situation often find it difficult to obtain any form of financing from traditional lenders and, as such, they must seek other financial solutions.

The good news is that there are many options available to suit a variety of circumstances and situations. One of them is a car title loan, and these have grown in popularity in recent years for a variety of reasons.

How car title loans work

So what is a car title loan and how does it work? Well, these loans are basically secured loans, and the collateral you use is the title to your vehicle. The vehicle you use as collateral must be registered in your name and it must not yet be under financing.

The amount you can borrow through a car title loan will depend on the value of the vehicle and the lender you go with. If you go to Google, you can just type “car title loans near meto find a number of lenders who offer this type of loan. You can then compare loan levels to find the right one for your needs.

In terms of loan levels, most title loan providers will lend you up to a percentage of the value of your vehicle. Thus, the more your vehicle is worth, the more you can borrow. These percentages may vary. It is important to compare different providers and what they can offer.

Another thing to remember is that you don’t have to return your vehicle while you have a title loan exceptional on that. As long as you meet the terms of the loan, you can continue to use and drive your vehicle as you normally would. It is ideal for those who need a vehicle for work or other reasons.

What are the advantages of car title loans?

So what are benefits car title loans? You can expect many benefits. This partly explains the growing popularity of these loans. If you find it difficult to access traditional loans, this could be a perfect choice for you.

Of course, you must meet the vehicle ownership requirements as outlined above, and the amount you can borrow will depend on the value of your vehicle.

Some of the major benefits that you can expect from this type of loan are as follows.

Ideal for people with bad credit

If you have a bad credit history and a low credit score, you may find it difficult to obtain any type of financing from traditional lenders. This is because banks and other traditional lenders place great importance on your credit score when reviewing your application. If your credit score is not up to par, you will be refused. This can then have an additional negative impact on your credit.

With a title loan, the focus is on the value of the vehicle rather than your credit score. Because you have some form of collateral through your vehicle, your credit score isn’t a big deal. If you have a bad credit history and a low credit score, that won’t stop you from getting a title loan. It’s a great choice for people who have bad credit but own a vehicle and need to borrow money.

Simple application process

Car title loans

The application process with some forms of secured funding can be very long, stressful and frustrating. This may involve sending many documents, waiting for responses, waiting a long time for the application to be processed, and then waiting for the decision again. This makes the application process a real chore that many people don’t have time for.

With a title loan, you can expect a very simple and straightforward process that won’t take too much of your time. In fact, you can complete the entire process from start to finish from the comfort of your home or office. You do not need to go to a physical branch to settle part of your loan. This means you can save time and inconvenience.

Fast payment

Another of the main benefits you can expect from a car title loan is fast and convenient disbursement of funds. With some types of loans, you seem to wait forever just to get a decision. Once you are approved, you may find yourself waiting all over again for the money to be released to you, which is not good if you need the money quickly.

With car title loans from reputable lenders, you won’t have to worry about all that waiting and frustration. The money is usually paid out in a short period of time. In some cases, you will even be able to access the money the same day. This makes it an ideal solution for those who need to borrow money quickly to deal with a financial emergency.

A simple solution

As you can see, car title loans can be a simple borrowing solution for many people, even those who have struggled to obtain financing in the past. So if you want easy access to a loan and own a vehicle, this might be the right choice for you.

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Price of the Gemopai Miso electric scooter: Launch of the Gemopai Miso electric scooter at Rs 44,000 |


NEW DELHI: Gemopai Electric launched Miso, a mini electric scooter on Friday.
The e-scooter is available at a price of Rs 44,000 (ex-showroom price). The company has also started pre-bookings for the same. The mini scooter can be used across India, through its 60 dealer stores from July 2020.
Miso is available in four colors, Fiery Red, Deep Sky Blue, Luscious Green and Sunset
Orange. There are two variants, one with a luggage rack that can hold up to 120 kg of load and
another, without.
Miso comes with a range of up to 75km per charge and charge up to 90% in 2 hours. Made in India product, Miso is made locally, with the exception of the battery, because the cells are imported. Gemopai also offers a free 3 year service plan for all Miso customers.
Gemopai offers Miso with an inaugural discount of INR 2,000 / – for all pre-bookings.
The most interesting feature of this scooter is that it does not require a license or RTO license and has a top speed of 25 KMPH, with long travel suspension. The scooter comes with a Hexa Head headlight for
navigation in low light conditions and an LED battery indicator for the 48V, 1 KW detachable
Li-ion battery
Amit Raj Singh, Co-Founder of Gemopai Electric, said: “The Miso is the ultimate solution for the young adult who needs a hassle-free ride to their destination or for a daily commuter who needs to get to their office, without getting stuck in traffic. With the current safety concerns due to the pandemic, Miso’s unique seat helps choose an affordable and safe commute. ”


BS6 Honda Grazia 125 Scooter Price, Specs, Details


The 2020 Honda Grazia 125 has been given a facelift and now benefits from a BS6 compliant engine and additional features.

Design
The new BS6 Honda Grazia 125, new split LED position light and new LED headlight, 3D style logo on the side panels, redesigned tail light and jet-inspired rear turn signals. The scooter will be available in two variants, the basic standard and the top of the range Deluxe. The latter is recognized by its black alloy rims and disc brake. The big change here is the introduction of an external fuel cover. A feature that was sorely lacking in old Honda scooters that had hidden them under the seat. Speaking of which, Honda has redesigned the under-seat storage and claims to have improved the quality of the small glove box.

Motor
Honda Motorcycle and Scooter India updated the BS6 Honda Grazia with a 49-inch fuel-injected HET (Honda Eco Technology) engine, fitted with the company‘s Enhanced Smart Power (eSP) system. Compared to the release of the 8.63 hp and 8.94 Nm BS4 version, the new BS6 Honda Grazia 125 develops 8.29 hp and 10.3 Nm.

For smooth starting, the company equipped the BS6 Honda Grazia with the Honda ACG starter which uses the same AC generator used to generate current and charge the battery while driving. There are a host of other new technologies like the Swing Back feature that allow the engine to be started with less effort. The new tips of the BS6 Honda Grazia 125 (deluxe variant) also include the fuel-saving idle shutdown system, which automatically shuts the engine off during brief stops and restarts it with a simple rotation of the engine. accelerator.

Characteristics
Honda introduced a host of new features to keep things interesting and justify the price hike. The BS6 Honda Grazia 125 is now equipped with a multi-function switch which unlocks the seat and opens the external fuel cover with a single switch. Yes, the scooter finally gets an engine kill switch. Essentially, the ignition switch doubles as an engine stop switch when pushed up. Now the 125cc scooter also boasts an integrated headlight harness and low beam switch, and a sidestand indicator with engine shutdown.

As expected, the BS6 Honda Grazia 125 finally has a fully digital instrument console that displays information such as distance to empty, average fuel consumption and fuel consumption in real time. As before, you still get the three-step ECO indicator, a clock, a service due indicator, among others.

Suspension and brakes
Honda offers three-stage adjustable suspension at the rear, as well as telescopic suspension at the front, but more importantly, the scooter’s ground clearance has been increased by 16mm to make riding more comfortable. As before, the BS6 Honda Grazia 125 retains the Combined Braking System (CBS), with an equalizer that helps distribute braking force proportionally between the front and rear wheels.

guarantee
The BS6 Honda Grazia is one of the first scooters in the country to offer a six-year warranty package that includes a standard three-year warranty as well as a three-year extension option.

Price
The new BS6 Grazia 125 will arrive shortly in showrooms and is priced at Rs 74,239 for the Standard variant (ex-showroom) which costs around Rs 11,000 more than before. While the Deluxe variant costs Rs 81,564 (ex-showroom). There are a range of colors to choose from, including Matte Cyber ​​Yellow, Spartan Red Pearl, Mermaid Blue Pearl, and Matte Gray Axis.

Read also: Launch of the Honda Grazia Sports Edition 2021)


Most affordable BS6 Vespa Notte 125 scooter launched priced at Rs 91,492


Based on the Vespa LX125, the new Piaggio Vespa Notte 125 draws its power from a 125cc single-cylinder, fuel-injected three-valve engine which develops power and torque of 9.78 hp and 9.6 Nm respectively. , the BS4 engine delivered 10 hp of power and 10.6 Nm of torque.

Piaggio Group has launched its most affordable BS6 compliant scooter Notte 125 for Indian customers priced at Rs 91,492 (ex-showroom, Pune). The scooter is now listed on the Paytm e-commerce site. The outgoing BS4 model used for retail sale in India priced at Rs 72,030. While the Notte 125 is currently the most affordable Vespa you can buy in India, it has seen its price increase by almost Rs 19,000. compared to the previous BS4 model. Like the rest of the BS6 products in the company‘s lineup, the Notte 125 did not receive any major styling revisions. The main visual highlight of the new BS6 Piaggio Vespa Notte 125 is its matte black paint scheme which gives it a sporty appearance. Based on the Vespa LX125, the Notte 125 is powered by a 125cc three-valve fuel-injected single cylinder engine which is good at producing power and torque of 9.78 hp and 9.6 Nm respectively. BS4 engine produced respectively 10 hp and 10.6 Nm of power and torque.

The scooter stops using a 149mm drum brake at the front and a 140mm drum brake at the rear. A front disc brake is also optional, while CBS (Combined Braking System) is standard. The scooter’s suspension system includes a single side-arm suspension with anti-dive features at the front as well as a double-acting hydraulic shock absorber at the rear.

In other news, Piaggio recently reduced the engine displacement of its 150cc range to 149cc in order to offer insurance benefits to customers in India. As the insurance costs for two-wheelers with a displacement of up to 149 cc are lower than those with an engine of 150 cc or more, this decision of the company can be seen as a smart move to slightly compensate for the price increase for BS6. .

Stay tuned with Express Drives for more updates like this. Also subscribe to our official Express Drives YouTube channel if you still haven’t.

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Albuquerque scooter, bike rental programs face uncertain future


ALBUQUERQUE, NM (KRQE) – Coronavirus has cut off street curb scooter and bicycle rentals in Albuquerque, but now the two programs may not return in the same way many people have known them in the city.

The company responsible for the bright orange scooters, “Spin”, has pulled all two-wheeler rentals off the street. Meanwhile, the contract for the “Pace” bike sharing program ends in a few months and regional transportation planners are already expecting a change.

“Investors don’t know what the best fads are in the long run, but what remains true is micro-mobility, (that is) sharing bikes, scooters, pedal bikes. are essential for this first and last mile connection, ”said Jacob Wolff. , a transport planner for the Mid-Region Council of Governments (MRCOG.)

Wolff says MRCOG transit planners are already trying to formulate the best possible option for a “micro-mobility” program for the Albuquerque metro area in the near future, as COVID-19 has put the programs on. Albuquerque scooter and bike share at an indefinite break.

In response to the pandemic, several bike and scooter-sharing companies across the United States have halted service or withdrew from mid-sized cities like Albuquerque. According to city officials, Spin “ceased operations” in Albuquerque in April in response to COVID-19.

However, Albuquerque was also nearing the end of its one-year pilot program with Spin. The company‘s license to operate in the city expires at the end of May. A spokeswoman for the City of Albuquerque Planning and Zoning Department said Tuesday that Spin had not renewed its license to operate in the city.

In response to KRQE News 13’s investigation into the status of scooters in Albuquerque on Tuesday, the city said it “is looking to improve the shared active transportation program over the coming year” and “is working on them. next steps to come “.

Regarding street bike rental, “Pace” Bike Sharing is under contract with the Intermediate Region Council of Governments to operate in Albuquerque until September 2020. The company behind Pace, “Zagster,” temporarily stopped the rental of bicycles.

The MRCOG said that by revamping its transportation rental program, the agency had considered more comprehensive rental programs that could include bicycles, e-bikes, and other types of scooters.

“Instead of having private investors and developers setting the tone for these personal transportation options, it’s really great that we as a region can make a decision that best serves everyone here,” Wolff said.

Zagster has yet to say whether its “Pace” bikes will be available for hire again in Albuquerque before the contract ends in September. Spin did not return KRQE News 13’s request for comment on Tuesday.

Last summer, Albuquerque had about 450 Spin scooters on the streets. Over the past few years, Pace has had up to 250 bikes for rent at 50 different stations.


The benefits of securities lending

When it comes to getting financing, there are all kinds of solutions these days you can turn to. From credit cards and personal loans from High Street lenders to loans secured by your home, you can find different solutions to meet a wide range of needs and circumstances. Another option available is a title loan, which is a form of secured financing.

Title loans are loans secured against your vehicle and to be eligible you must own a vehicle in your name. Lenders can offer a loan based on the value of the vehicle, and borrowers can then borrow up to a specified percentage of that value. Many people turn to securities lending as a means of accessing quick cash, and these loans come with a range of benefits. In this article, we’ll take a look at some of the main benefits of securities lending.

What are the main advantages of securities lending?

Title lending has become increasingly popular in recent years for a number of reasons. These loans offer a range of benefits, some of which are:

Bad credit won’t hold you back

One of the things that often holds people back when it comes to getting a loan is their credit history and mark. If you have a low credit score or a damaged history, you may find that you cannot access any traditional form of financing. However, with an auto title loan, the decision is not based on your credit history or your current credit score. This makes these loans ideal for those who do not have a good credit rating.

You get the money fast

With some forms of funding, you have to wait a long time for your application to be processed. You may also need to spend time sending documents and waiting for information. Also, when you are approved, you may have another wait in front of you before you get the money. With securities lending, you can get the money you need quickly once approved, and often you can get it the same day. This is perfect for those who need the cash quickly.

The application process is simple

Another advantage of these loans is that the application process is very simple which means that you can avoid stress and hassle. If you do it online, you can process the request with speed, ease, and convenience. This can save you a lot of time and means you can do it all from the comfort and privacy of your own home.

You can keep your car

When you take out a title loan, you don’t have to give up your vehicle until the loan is paid off, which is another plus. You can continue to drive and use your vehicle as long as the loan is still secured.

Here are some of the many benefits you can expect when taking out a title loan.

How Suzuki Became the Only Scooter and Bike Manufacturer to Record Positive Growth in the Past Year


At a time when the Indian automotive industry is hit hard for multiple reasons, Suzuki shines with positive sales growth. Here’s how he managed to do it along with plans to deal with the current Covid-19 situation.

Suzuki Motorcycle India Pvt Ltd is the only two-wheeler manufacturer to record positive sales growth in the last fiscal year. This despite the fact that the Indian two-wheeler industry recorded a sales decline of 17.8% in fiscal year 2020 on an annual basis. Amidst all of this, Suzuki stood out with positive sales growth of 2.5% in the prior year, as it sold a total of 6,85,223 units in fiscal 2020, compared to 6 68,787 units sold during fiscal year 2019 (national sales). In order to understand what all of the factors have contributed to Suzuki’s positive momentum and how the company plans to adjust to the new normal in terms of the current Covid-19 crisis, Express Drives recently interacted with Devashish Handa , Vice President, Suzuki Motorcycle India Pvt Ltd. Here is what he has to say!

Suzuki is the only two-wheeler manufacturer to have recorded positive sales growth in the last fiscal year. What factors do you think have contributed to this dynamic?

Taking advantage of a positive growth momentum for the 2019-2020 fiscal year, we attribute this growth to our partner dealers, our personalized product offering and the love and trust shown by our valued customers. Additionally, Suzuki Motorcycle India has launched various go-to-market initiatives and marketing campaigns to enhance the relevance of the products to our potential customers. SMIPL maintained an upward growth path throughout the year and ended the year with 5.7% growth in the last fiscal year selling 790,397 units, including domestic sales and exports.

With the current containment linked to Covid-19, what has been the impact on the company?

The pandemic has had an impact on the overall economy and industries across all segments have been hit hard because of it, including the auto industry. The nationwide shutdown was put in place to combat the pandemic and ensure the safety of every individual, which has disrupted production, distribution and sales for over a month now.

Watch our Suzuki Gixxer 250 video review here:

After the lockdown is done, how is Suzuki Motorcycle India Pvt. Ltd. plan to resume operations and will there be a different business approach?

Ensuring the implementation of strict safety standards and social distancing guidelines led by the Government of India, Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation, Japan, is preparing to start production at its manufacturing facility in Kherki Dhaula, Gurugram. However, given the current scenario, it will be difficult to mention a particular production start date. We must accept the new normal mode of operation, continue to practice social distancing and other preventive measures for the safety of all. Once we start, initially as a brand, our goal will be to instill enthusiasm and positivity in our staff and dealership partners to keep all departments running smoothly. On the dealership side, there will be many disinfection processes and precautionary measures while engaging customers and staff.

Also read: Suzuki Access 125 BS6 Road Test Review: The all-rounder for everyone!

Some manufacturers have partially started operations at their production facilities. Is Suzuki also looking forward to this soon? If so, when can we expect production to start?

We will keep you posted on the production start date. Right now, we are in the planning phase, where we are developing a strategy on how we, as an organization, can ensure the safety and security of our workforce and our dealers. partners. As soon as we start, at the beginning, we will operate with a limited workforce and gradually move up to full strength maintaining a healthy working environment for our employees.

How do you think the market will react once this containment is lifted?

The market will experience changes in lifestyle, behavior and operation both at the corporate and individual level for the safety and well-being of all. Practices such as wearing masks, social distancing, limited use of shared mobility options, etc. will come into force. The limited use of shared mobility / public transport facilities further fuel the demand for the two-wheeler industry as more people turn to personal mobility solutions. The preference for scooters and motorcycles will increase for commuting in terms of its cost of ownership compared to a four-wheeled vehicle.

Many manufacturers are going the online route completely during this lockdown, a similar strategy that Suzuki is also working on?

The new normal will be different from the previous one. We already have an option on our official website to find a dealer and book a test drive with one click. I think we can further strengthen it with the support of our partner dealers and our sales team. The idea is to offer a digitally enriched customer experience.

Will there be any changes in the retail model and how will the outlets handle the new normal in terms of the current situation?

Social distancing is the new normal and it will also show in our business operations once we get back to work and dealerships open. There will certainly be some changes in vehicle delivery and customer interaction / engagement with particular emphasis on disinfection and other precautionary measures. The industry is also analyzing the appointment-based approach to buying and selling automobiles in all segments to ensure the safety of our stakeholders, including our employees and dealers, while we let’s focus on growing the business.

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Max Cash ™ Title Loans Analyzes the Challenges of the COVID-19 Effect on the Securities Lending Industry

TEMPE, Arizona., April 28, 2020 / PRNewswire / – Title Deed Lenders United States are currently suffering a decline of 69% and up to 90% in other parts of the country. Pawn shops are experiencing unprecedented growth as Americans attempt to sell property for cash.

Due to this car title loan, lenders have adapted to everything online, but you will still have to use your cell phone to take pictures. Online title lending is here to stay. “Lenders are changing to help people comply with stay-at-home orders and avoid contact,” said Fred winchar, president of Bolt Loans and A maximum of money securities lending. “Securities lenders go out of their way to lend money, but they have challenges they’ve never seen before.”

Typically, title deed lenders generate income from individuals making payments on their loan, as well as occasionally repossessing vehicles from deferred loans. However, most lenders prefer to derive the majority of their income through payments, as the repossession of the vehicle comes with other extended expenses such as storage, security or disposal of the vehicle, if applicable. . Also seeking to avoid reputational damage, most title lenders are more reluctant than ever to repossess vehicles.

People who can usually turn to title loans as a practical short-term financial emergency solution can no longer receive approval because they no longer have valid proof of income. Since the ability to repay the loan is a documented requirement for title loan approval, the spike in unemployed Americans has made it difficult for the title lending industry to accept loan applicants at its usual rate. Property title lenders want to lend. This is what they do. They are not in the business of giving money away without it coming back at some point.

Along with approval rates, loan amounts financed have also declined significantly for the securities lending industry. According to Fred winchar, President of Max Cash ™ Title Loans, “The average loan amount is now around $ 900, whereas before the average was around $ 3,500. “The current combination of low approval rates and low amounts funded has created a cash flow problem for many securities lenders, leaving them with limited income to give back to the public through additional loans. companies have closed their doors for good, many more are struggling to find qualified customers and stay afloat financially.

In response to this economic downturn in the industry, securities lenders still in business have had to find ways to adapt. Since lenders must Something rather than nothing to stay in business, small loans have become essential to sustaining the securities lending industry during this time. Some lenders also give “micro-loans”, which are as low as $ 100 and make the process all online. Other lenders have started working with banks to create a new loan product where the funding is held by the bank rather than backed by the securities lender that handles the loan.

Other auto title loan lenders have attempted to alleviate the problem by implementing a process in which the monthly payment decreases due to a continually falling interest rate. Some of these types of loans have the ability to drop to some of the lowest interest rates the securities lending industry has ever seen. In addition, some auto securities lenders only approve applicants who are extremely low risk, which is not the typical customer base typically served by the securities lending industry. These low risk, limited candidates now have the opportunity to profit from falling interest rates and potentially benefit from industry difficulties.

The securities lending industry recently adopted procedures to make doing business as secure as possible, such as online applications, processing and payments, lenders are collectively struggling to remain financially stable in these unprecedented times.

As always, Max Cash ™ Title Loans encourages you, friends, and family to stay safe and healthy by complying with the CDC’s recommendations to stay home and practice social distancing.

Stay secure, with your family of Max Cash ™ securities lending, https://www.maxcashtitleloans.com/

A maximum of money Securities lending
A maximum of money Title Loans, owned by Tradition Media Group, LLC, is a proprietary agency that uses an extensive network of lenders to help clients access securities lending services. A maximum of money Title Loans manages the processing of securities lending and the execution of sales to clients and can act as a broker for loans on a case-by-case basis.

CONTACT: Fred winchar, 1-877-958-1146, [email protected]

SOURCE Tradition Media Group

Related links

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What you should be aware of about payday loans and auto title loans

If the coronavirus epidemic is causing financial stress there is no one else to blame. Many millions of Americans have lost all or a portion of their earnings because they are unable to work. Federal Economic Impact Payouts could aid, but some might look at other options to obtain cash for a short time. You could go to these guys think about options such as the payday loan or car title loan, which could be very costly. This is what you should be aware of.

Loans for payday

The payday loan is made for a short period. In some cases, it is only two weeks. When you apply for payday loans, you provide the lender with an individual payment of the sum you wish to borrow and any charges the lender charges you. The lender pays you in cash charges. The next payday you have to pay the lender the amount borrowed in addition to fees in cash.

Payday loans can be extremely costly. Here’s an example :

  • You’re looking to take out a loan of $500. The interest is $75. You must give the lender an amount of $ 575 in cash.
  • The lender pays you $500 in cash. The lender keeps your pay stub.
  • When the time comes to pay back the lender usually in two weeks time, must pay them $575. The lender will return your check to you.
  • The bottom line is that you have paid $ 75 to borrow 500 dollars for two weeks.

Auto title loan

A title loan for cars can also be a loan for a limited duration. They usually last only 30 days. For an auto title loan, you grant the lender the title to your car. The lender will give you money and hold the title for your vehicle. In the event of repaying the loan, you have to pay the lender the amount borrowed in addition to charges. Title loans for cars aren’t cheap. Here’s an example of :

  • You’d like to take out a loan of $1,000 in 30 consecutive days.
  • The fee is 25 The rate is 25. For borrowing $1,000 the amount is $ 250.
  • When you’re due to pay your lender in the next 30 days, must pay them $1250.

Title loans for cars can also be extremely risky. If you don’t repay the amount you owe the lender, could seize your vehicle from you. The lender could decide to sell it and keep the proceeds and leave you without a vehicle. This video shows how this could occur.

Other methods to make money

Auto Title loans are extremely costly. You may want to consider other options for borrowing cash, like taking out a loan through banks or credit unions.

The majority of loans come with the annual percentage rate, also known as APR. The APR is the amount it will cost you to borrow money over the course of one year. If you are offered an advance loan or payday loan advance from a lender, they will provide you with the APR as well as the amount to repay the loan. The loan amount is in USD.

Here’s a look at the cost of a loan, which is 500 dollars for a year.

What happens if I’m serving in or with the army?

If you’re serving in the military, the law safeguards you and your family members. The law restricts the APR for a variety of credit, such as payday loans as well as auto title loans, personal loans, as well as credit cards to 36 percent. In addition, lenders must provide you with the information you need regarding your rights as well as the price for the loan. The military also offers financial assistance and can help you control your money.

Other options in case you are unable to pay your bills

  • Request the time. Ask the companies to whom you owe money for additional time to pay the amount.
  • Get assistance. A credit counselor could be able to assist you to deal with your credit.
  • Make an application in the event of unemployment. Consider applying for unemployment insurance benefits through your state. Find out more about the benefits and whether you’re eligible through the Ministry of Labor website.

Aprilia, discounts on Vespa scooters for BS4 and BS6 variants


The Indian auto market has been hit hard by COVID-19 and the lockdown protocol it brought about. As brands collectively lose around a thousand crore each day, many small-scale car dealerships are on the verge of going out of business. The COVID-19 lockdown measures came at the same time dealers were working to complete the sale of their remaining BS4 stock by April 1, 2020.

This deadline was recently extended but under conditions. Under this, dealers can only sell 10% of their BS4 stock for 10 days after the lockout is removed (for now, this period is May 3 – May 13, 2020). Data shows that unsold BS4 vehicles in all vehicle classes are worth almost Rs 6,400 crore.

Amid the lockdown, Piaggio’s Pune dealers introduced substantial discounts for their BS4 Aprilia and Vespa models. Discounts go up to Rs 40,000 depending on the model year. What is more interesting is that the dealers also offer discounts (up to Rs 25,000) for the new BS6 models. Of course, the price reductions will only be available for a short time and could apply on a first come, first served basis.

Vespa / Aprilia showroom. Photo file.

Towards the end of last year, we had shared the updated BS6 prices for the main Aprilia and Vespa models. On average, prices have climbed by almost Rs 20,000. This is a ridiculous price increase for a scooter, especially since there are no major improvements compared to their counterparts. BS4. Besides updating its products to BS6 specifications, Piaggio India also introduced two new models: Aprilia SR 125 Digi Console (with digital instrument cluster) and Vespa LX.

Higher Aprilia scooter models now sport a nickname “SR160” instead of the previous “SR150”, due to their larger powerhouse. The 160cc engine produces 10.8 hp (+0.93 hp) and 11.6 Nm of torque. The lower SR125 range gets a 125cc engine good for 9.5hp and 9.9Nm. The same power plants, with FIs to reduce emissions, are used in the Vespa range.

Compared to other popular names in the segment, the Aprilia or Vespa models do not offer a major advantage to justify their high prices. However, they boast a tasteful aesthetic and use of premium materials, which is rare in the Indian scooter market. If more dealers advertise reasonable discounts, Piaggio could see better results on its sales chart in the months to come.


6 Evergreen Scooters, 90s Bike Ads: A Journey Through The Past Amid Covid-19 Lockdown!


Want to feel a little nostalgic in the midst of this Covid-19 lockdown? Let us take you back to the ’90s era with these immensely popular bicycle and scooter ads.

India’s ongoing Covid-19 lockdown has now been extended until May 3. If you are a true blue motorist, we fully understand your pain of not being able to drive your two / four wheeler. Previously, we have come up with several stories with a focus on what car or motorcycle enthusiasts can do in this situation. These included bike and car maintenance as well as time-killing shows and movies to watch. By now you must have heard that phrase, “if you were born in the 90s then your childhood was great”. To further substantiate this statement, today we bring you some of the iconic 1990s bicycle and scooter advertisements that are still remembered today.

Bajaj Auto – Hamara Bajaj

It is certainly one of the best advertising campaigns of the 90s and the Bajaj Auto slogan “Hamara Bajaj” has become immensely popular over the following years. The keywords in the ad meant “Our Bajaj”, which gave the audience a sense of affinity. The ad was so popular that a few months ago Bajaj Auto also ran it when the Chetak brand came back with the Chetak electric scooter. A man can be seen cleaning his scooter in the ad towards the end and the company has tried to portray Bajaj as the face of a strong nation. Video source: Shesh9717

https://www.youtube.com/watch?v=9pvLwVBb0Ao

Honda Heroes – Dhak Dhak Go

Again, this one is also one of the most memorable commercials of its time. The fact that Hero Honda used the “Indian Connection” for this campaign worked in his favor. This ad showed how proud people were in owning a Hero Honda two-wheeler. In the ad you can see several Hero Honda motorcycles like the CBZ, CD100 and others that were hit hard during the 90s. Another big reason for the success of the ad is the ‘Desh ki Dhadkan’ track in background which in itself gave a sense of pride to India. Video source: Ankur Yadav

Suzuki Samurai – No problem

This was a witty ad. The company tried to present the Suzuki Samurai as the “No Problem” motorcycle. With this Suzuki tried to respond to the fact that the owner of this motorcycle would have no problem. Later, “Suzuki Samurai No Problem” also became quite a popular and fun phrase, especially among young people. Do you remember seeing this ad on television? Video source: Guruprasad Gp

Luna – Chal meri Luna

Luna was a very popular 50cc moped made by Kinetic in 1972. The Kinetic Luna’s journey was interesting and the same ended in 2000. The company published an advertisement with the signature slogan of ‘Chal Meri Luna’. The ad shows that a frustrated employee (also annoyed by his wife) finds a way to make things a little interesting by purchasing a Kinetic Luna. The advertisement was intended to get the message across that the Kinetic Luna is not only cost effective, but also quite durable. Video source: 1368khz

Bajaj Pulsar – Definitely masculine

Remember that famous and popular commercial in which two nurses remove the veil from a motorbike inside a hospital and shout, “It’s a boy! It’s a boy!’ Well, it was a really good idea to portray the Bajaj Pulsar as a sign of masculinity. The announcement was generally interesting and at the end the handle of the bicycle can be seen turning towards the direction in which the nurses were walking. It seemed that the bike was very interested in watching them go. Well, a typical male trait !? And therefore, the slogan – Definitely masculine. Video source: BajajAuto Ltd

https://www.youtube.com/watch?v=M9C0Ag4Foz4

Hero Honda CD100 – Fill It, Shut It, Forget It!

This popular slogan of “Fill it, close it, forget it!” Was used for the CD100 which was a rather humble but attractive commuter of Hero Honda. The ad simply shows a cyclist filling up his bike and then going for a ride. As you must have understood from the tagline, Hero Honda sent a message with this announcement that the CD100 has decent fuel mileage, 80 kmpl to be precise (figure claimed). Video Source: The Auto Guy

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Max Cash ™ Title Loans Work from Home program sees dramatic increase due to COVID-19

TEMPE, Arizona., April 14, 2020 / PRNewswire / – The Max Cash ™ work at home affiliate program has seen an increase of over 400% over the past month for individuals who have the opportunity to earn extra income remotely, giving them the opportunity maintain financial stability while remaining in quarantine. .

Thousands of employees who previously worked from home suddenly find themselves on leave or unemployed. Loans are essential today for countless people across the country when it comes to meeting basic needs. A $ 1,200 stimulus control may simply not be enough to effectively support an ordinary person who is responsible for real urgent living expenses on a monthly basis.

“We believe the reason for the increase is that working from home is now the new normal and people are finding ways to do it.”; noted Fred winchar, President and founder of Max Cash Title Loans, “Our affiliate program takes a lot of relief from sitting on the couch knowing that you have to compete for the job soon. You are only competing with yourself here and some affiliates are making thousands of dollars a week right now. . ”

With unemployment currently increasing at an exponential rate and stay-at-home orders being implemented in the states of the United States, earning an income from home is a crucial part of simultaneously maintaining Social Security and Personal Economic Security.

Experience working with websites is a useful attribute, but not a requirement for success with the Max Cash Title Loans work at home affiliate program. A beginner’s knowledge of social media, research and / or website design and marketing would be beneficial and yet could lead to higher loan conversions. When working with the program, Max Cash ™ offers free digital support for SEO, HTML, and other potential website components. Affiliates also receive a free landing page and phone number that tracks all inbound leads and receives an average conversion rate of 10-35% for each loan funded.

Disclosure of bank account information is also not a requirement to be a part of Max Cash Title Loans work at home affiliate program. While payment is available by direct deposit, payment is also receivable via PayPal, check, or wire transfer.

Additional information regarding the free marketing materials and other features of the Max Cash Title Loans work at home affiliate program can be found on the affiliate page of the Max Cash Title Loans ™ website at: http://www.maxcashtitleloans.com/affiliates/

Max Cash ™ invites you to share this opportunity with your sons, daughters, friends, family or anyone else in your community who could benefit from additional income from home. With the number of people seeking financing increasing daily, Max Cash ™ is rapidly seeking to help make loan products easily accessible to those who need them most.

Anyone with more questions or wishing to participate in the Max Cash Work-from-Home affiliate program can start by filling out the request form on the affiliate page, or sending their information to [email protected].

A maximum of money
A maximum of money owned by Tradition Media Group, LLC, is a proprietary agency that uses an extensive network of lenders to help clients access securities lending services. A maximum of money manages the processing of securities lending and the execution of sales to clients and may act as a broker for loans on a case-by-case basis. Tradition Media Group is the country’s largest securities lending processor.

Contact:
Patrick mcdermott
Max Cash Title Loans ™
1-877-958-1146
[email protected]

SOURCE Tradition Media Group

Related links

http://www.maxcashtitleloans.com/

Important Things To Know About San Francisco Car Title Loans

San Francisco is known to be a culturally wealthy and progressive city that has been highly acclaimed as one of the best financial centers in the United States today. Even though San Francisco is a beautiful city that boasts of fun and exhilarating destinations, it could be quite a stressful and demanding place for people living here who are increasingly faced with costly and unforeseen expenses. Above all, with the current health and economic crisis of COVID-19, you may be looking for some kind of help. According to reports, the coronavirus could trigger a severe recession or slowdown in the United States.

According to https://edition.cnn.com, auto title loans were designed for anyone looking for quick cash to pay bills, manage debts, or deal with an existing health and financial emergency.

According to https://edition.cnn.com, as stores, restaurants, factories and airlines close around the world, from Madrid and Paris to New York and San Francisco, economists constantly warn that a worldwide recession is no longer an imminent threat , it is there.

If you own a car, you can avail a very quick and easy car title loan. However, you might have to pay quite high fees or if you default on your payments, you could risk losing your vehicles. Car title loans are for people who need quick cash to pay bills, manage debts, or deal with today’s emergency.

Here are some important points to keep in mind while availing a car title loan.

To get a loan, you must own your vehicle or have equity in the car

Auto Title Lending San Francisco are supposed to be a secured loan which considers your vehicle as collateral. Auto title loans would range from $ 100 to about $ 5,500, or about 25 to 50% of the value of your vehicle. The term of the loan seems to be quite short usually only 15 to around 30 days. Even though it is called a car title loan, you can get this cash advance using your trucks or motorcycles or any other vehicle. You would need a clear title to qualify for this loan. You need to provide a photo of your car, proof of insurance, photo ID, and proof of income to qualify for this loan. If you get a car title loan approval, you will have to immediately assign the title of your car to the lender in exchange for your loan.

Car Title Loans Could Mean High Fees Or High Interest Rates

Lenders could charge almost 25% of the total loan amount each month to fund your loan. For example, to get only a 30-day loan for $ 1,000, your fee could be 25% of the amount. Therefore, you have to pay back $ 1,250 and other additional charges to pay off the car title loan at the end of the month. This would translate to an APR of over 300%. It seems pretty high. However, you simply cannot interfere with the convenience and speed with which the loan is approved and processed.

Conclusion

If you are in a crisis and cannot repay the loan, you may have to give up the car. The lender would be obligated to repossess your vehicle in such circumstances. Know your facts before you opt for this. But remember that your credit history is irrelevant and you could qualify for this loan with even a bad or no credit history.

2021 TVS iQube Electric Bike Price | TVS Bikes in India


How is the design of TVS iQube?

Designing a futuristic vehicle like this can usually go both ways. You can get something that looks like it came straight out of a sci-fi movie, like Ather, or something that pays homage to the golden age, like the new Chetak EV. TVS, on the other hand, took the middle path. The general shape is that of a traditional scooter; it strangely resembles TVS’s Jupiter.

The vertical light strip, which incorporates LED headlights, is arguably the only feature that emphasizes its future design aspirations when viewed from the front. The handlebars are also well designed and the square shaped mirrors are eye-catching. The side profile isn’t very striking, but it has proportionate lines and those crazy razor blade-like metals, contributing to the standout look. The tail light strip and an illuminated logo complete the look on the rear. Overall, the iQube strikes a good balance between a modern and traditional appearance.

How does the iQube TVS roll?

The iQube is powered by a hub-mounted electric motor with a maximum power of 4.4 kW (approx. 6 hp). Yet the most remarkable statistic is the maximum torque of 140Nm, which is the most crucial figure. Eco and power are the two driving modes available on the scooter. Even in Eco mode, it seems powerful enough to tackle city traffic, even though the top speed is limited to 50 km / h.

When you go into power mode, it’s almost like a new motor has been installed. The speedometer digits keep increasing until you hit 80 km / h, which is not that great considering this is an electric scooter. Besides the agility, the refinement is also remarkable. There is no engine hum even at 65-70 km / h. We all know electric vehicles are quiet, but TVS has taken it to the next level.

How comfortable is TVS iQube?

The iQube is definitely designed to be stiffer. The wide and soft seats protect you from the full impact of shocks, so this is not an obnoxious scooter by any sense of the imagination. the telescopic front suspension and hydraulic double-tube rear suspension – a system used by several manufacturers for a more comfortable ride – should be tested on poor roads.

How is the technology?

Here are the technical characteristics of the TVS iQube:

  • Speedometer – Digital
  • Tachometer – Digital
  • Low battery indicator
  • Passenger seat
  • Pilon Grabrail
  • The clock
  • Day counter type – Numeric
  • Light Pass
  • Geolocation
  • Incoming call alerts
  • Navigation aid
  • Parking aid Q
  • Remote state of charge
  • Smart statistics

What is the battery life of the TVS iQube?

The iQube is equipped with a three-part 2.25 kWh battery. The three pieces each weigh 8kg, and although they can be removed and loaded independently, the user cannot. According to TVS, this decision was made to preserve the reliability and longevity of the battery. The iQube’s weight distribution is concentrated towards the center of the scooter, thanks to the positioning of the batteries under the seat and a little above the ground.

It also uses a hub-mounted motor supplied by Bosch with a maximum power output of 4.4 kW. TVS has adjusted the engine internally. He designed and built the battery management system as well as the battery pack from scratch. The iQube is powered by LG 18650 batteries from Korea, which have a high charge density.

How does TVS iQube perform?

On the move, the TVS iQube, aided by the 4.4 kW hub motor, accelerates quickly and smoothly, reaching a top speed of 78 km / h in Power mode and 50 km / h in Eco mode. The scooter pulls perfectly and the acceleration is quick and linear. The 140 Nm of power at the wheel helps the scooter go from standstill to 40 km / h in a respectable time of 4.2 seconds.

When you release the accelerator, the regenerative brake will kick in. It can be used to ride smoothly and efficiently with minimal use of the front disc and rear drum braking systems. It is probably the most powerful regeneration system seen on an electric scooter in India.

Is the iQube TVS good value for money?

The iQube is undoubtedly expensive at Rs. 1.02 lakh, but it mixes the athletic DNA of TVS with an electric heart, and it could prove to be the ideal combination of sporty handling and driving performance. a smooth ride. It sits between the exciting Ather 450X and the comfortable Bajaj Chetak. The build quality of the iQube, along with a number of related features, may just sway potential buyers.

However, the short range of 75 km in Eco mode and 55 km in Power mode – the lowest of the three high-end electric scooters – is a legitimate problem. Unlike Bajaj, TVS provides iQube users with public charging facilities as well as private charging stations. TVS employees will install home charging stations for customers.


Car Title Loans: Three Things You Should Know

Car title loans are specially designed for those who need quick cash to pay bills, face an emergency, or manage debt. If you owe or own a certain vehicle very little, an auto title loan – also known as a “quick auto loan” – is fairly easy to obtain. However, quick and easy is sometimes too good to be trusted. You will end up paying high fees for this type of loan, and losing your car is also a risk.

Before you go with a decent car title loan, here are three things you need to know.

To start

  1. If you want to get a car Miami securities lending, you must own your car or at least have equity.

In other words, an auto title loan is basically a small secured loan that often uses your car as collateral. Typically, car title loans range from $ 100 to $ 5,500, which is usually an amount equal to 25 to 50% of the value of the car. Often the loan term is short; only 15 or 30 days. And although it is known as a “car” title loan, this type of loan also applies to other vehicles, such as motorcycles and trucks.

If you want to get a car title loan, the requirements are clear title – that is, 100% ownership of the vehicle, without any liens – or some equity in your car.

Common question

What is equity?

Equity is the value of the asset, such as a house or a car, minus any debt you owe on that particular asset.

“Title pawns”, “title pledges” or “pink coupon loans” are other common names for car title loans. The term “pink slip” essentially comes from the pink paper that California car titles were once printed on.

Typically, the lender will not only want to see your car title, but also your proof of insurance, photo ID, and your car.

When you get approval for a particular car loan, you issue title to your car to your lender in exchange for that loan. It is until you pay off the loan that you will get your title back.

  1. Car title loans have high interest rates and fees

When it comes to an auto title loan, it is very common for lenders to charge around 25% of the loan amount each month to fund the loan. If you get a 30 day car title loan for around $ 1,000, for example, the fee is 25% ($ 250), and you will need to incur $ 1,250, plus any additional costs, which will pay off your loan. at the end of the month .

This translates into an APR, or annual percentage rate, of over 300%. Generally speaking, this is significantly higher than many other forms of credit, such as credit cards. If you get an auto title loan, your lender should tell you the APR and the overall cost of the loan. Indeed, you can compare this information with that of other lenders to help you find the offer that is best for you.

  1. You could lose your car if you don’t pay off your car title loan

When you get an auto title loan and you don’t pay back the specific amount you borrowed, along with all fees, your lender can roll over your loan for a new one. Once you’ve done that, you’ll add even more interest and fees to the amount you renew.

For example, you might have a loan of $ 500 and fees of $ 125. You are not able to repay the full amount after the 30 day period. You decide to pay the $ 125 fee and then transfer the original $ 500 into a new loan with a 25% fee.

When you pay off your new loan, you’ll have paid an overall cost of $ 250 in fees out of the $ 500 you originally borrowed. When you keep renewing your loan, you might find yourself in a cycle of additional charges that makes paying the lender a daunting task.

The lender could in fact take back possession of your car if you find yourself in a situation where you are unable to repay the debt. And you could end up paying even more fees to recover the vehicle, as well as the overdue amount.

Simply put, if you are unable to resolve this issue, then you will have to look for (and pay for) other means of transportation.

Bruno Mars looks low-key as he buys a Vespa scooter with his girlfriend Jessica Caban


Bruno Mars looks low-key as he buys a Vespa scooter with his girlfriend Jessica Caban










Bruno Mars was in the mood to splurge on Wednesday.

The Please Me frontman looked ready to spend as he was spotted at a Vespa scooter retailer in Studio City.

Mars, 34, was dressed in a high fashion athleisure look during his shopping spree, where he was joined by his model girlfriend Jessica Caban.

Easygoing: Bruna Mars disguised herself by buying a Vespa in Studio City on Wednesday

Bruno was both casual and chic in his sporty outfit.

He donned a distressed Saint Laurent hoodie with Fila sweatpants and classic black and white Nike sneakers. He topped it off with a vintage-looking baseball cap and sunglasses.

The other half of the 24K Magic singer was dressed in her own casual style, wearing a gray hoodie, slightly faded jeans and white shoes. Adding an upscale touch, she carried a Prada bag.

After riding Italian scooters, he and his sweetheart returned home in his black SUV.

Sporty chic: He donned a distressed Saint Laurent hoodie with Fila sweatpants and classic black and white Nike sneakers

Sporty chic: He donned a distressed Saint Laurent hoodie with Fila sweatpants and classic black and white Nike sneakers

Simple style: The other half of the 24K Magic singer was dressed in her own casual style, wearing a gray hoodie, slightly faded jeans and white shoes

Simple style: The other half of the 24K Magic singer was dressed in her own casual style, wearing a gray hoodie, slightly faded jeans and white shoes

Bruno and Jessica have been together for nine years.

According to Mars biographer Emily Herbert, the couple met by chance when the Just The Way You Are singer spotted them at a restaurant in New York City and decided to introduce themselves.

They would live together in the Hollywood Hills with their dog Geronimo.

Go strong: Bruno and Jessica have been together for nine years.  Seen at the 2014 Grammy Awards above

Go strong: Bruno and Jessica have been together for nine years. Seen at the 2014 Grammy Awards above

Despite her great notoriety, the Hawaiian-born artist has kept their relationship out of the spotlight.

He briefly commented on their romance during an interview with Rolling Stone in 2016.

Bruno was taken aback when the magazine asked him if he would ever ask the question, telling them, “Jesus! She is my best friend. My rock. What the hell is wrong with that? We’re just happy.

Happy accident: According to Mars biographer Emily Herbert, the couple met by chance when the Just The Way You Are singer spotted them at a restaurant in New York City and decided to introduce themselves.

Happy accident: According to Mars biographer Emily Herbert, the couple met by chance when the Just The Way You Are singer spotted them at a restaurant in New York City and decided to introduce themselves.


Why Car Title Loans Are A Bad Idea

(AOL Autos) – Cash advances are not a new concept in the brand of American capitalism. A lot of people have seen the ads with a guy barking, “Bad credit, no credit, no problem! Or, “Don’t worry about the credit, I own the bank!”

In addition to the <a class=high interest rates, these auto title loans usually include a number of fees that add up quickly.” width=”292″ height=”219″ border=”0″>

In addition to the high interest rates, these auto title loans usually include a number of fees that add up quickly.

Anytime a guy tells you he owns the bank, run.

Even though these lenders have been around for a while, signing your car for a high interest loan has become a serious financial problem.

For those of you who are not familiar with the concept of auto title loans, allow us to explain.

Sometimes the best of us are strapped for cash; we may not have credit or bad credit (as they say in the ads), which makes it difficult for us to get small loans from a bank or some other more traditional way.

A title loan offers you money from the lender, in return you sign the title of your paid car to secure the loan. Typically, these loans are due in full 30 days later. There is no credit check and only a minimum income check.

It sounds simple enough, but borrowing in these places can lead to repossession of your car and a lot of financial problems.

Interest rate that makes credit card companies blush

Auto title loans have been lumped into the category of “predatory loans” by many consumers. Nonprofits such as the Consumer Federation of America (CFA) and the Center for Responsible Lending have published detailed reports describing some of the securities lending issues the public should be wary of.

One of the biggest issues with these loans is the interest rate. Many people dislike credit card interest rates, which average between the mid to upper teenage years for most Americans. The interest rates on car title loans make complaining about credit rates seem ridiculous.

Auto title lenders are a different category from credit card companies or banks and circumvent usury laws. Thus, title lenders are able to charge three-digit Annual Percentage Rates (APRs). Yes, three digits. It is no exaggeration to see 250% APR and more on these car tile loans and only a handful of states have passed strict laws that prohibit sky-high percentage rates.

Even if your credit card company charges you a high 25% APR interest, that’s nothing compared to car title loans. AOL Autos: the most popular used cars

Under federal law, property title lenders must disclose interest rates in annual percentage terms. If you need to get a title loan make sure they don’t just give you a monthly percentage rate quote, they have to give it to you as an APR. If they’re not clear on rates, which many may be, just know that a 25% monthly rate equals 300% APR.

Fees and interest only

In addition to the high interest rates, these auto title loans usually include a number of fees that add up quickly. These include processing fees, document fees, late fees, setup fees, and lien fees. AOL Autos: the safest cars

Sometimes there is also a roadside assistance program that borrowers can purchase for a small fee. Some lenders have even gone so far as to make roadside assistance compulsory. The cost of all of these fees can range from $ 80 to $ 115, even for a $ 500 loan.

Most of these fees are legal, except for one that lenders sometimes charge, the repossession fee. Lenders aren’t allowed to charge you for the trade-in of your vehicle, but some still do. AOL Autos: the best vans

As if high interest rates and a mountain of fees weren’t enough, lenders also offer borrowers the option of paying only interest for a set period of time. In these cases, the loans are usually put in place for a longer period (compared to the usual 30 days) and the borrower can only pay the interest on the loan.

These types of payments are called “balloon payments” where the borrower pays the interest on the loan each month and at the end of the term he still owes the full loan amount.

The CFA reported that a woman paid $ 400 per month for seven months with an interest-only payment deadline on a $ 3,000 loan. After paying $ 2,800 in interest, she still owed the original $ 3,000 by month eight. AOL Autos: The Most Popular Crossovers

Reversal and repossession

If you think that most of the people who take out these loans will pay them off in full after a month, think again. Due to the high interest rates and the fact that these lenders cater to low income borrowers, many people are not able to repay their loans within 30 days. This is called the “renewal” of the loan.

The terms of these loans are designed to keep borrowers in a cycle of indebtedness and bring customers to the brink of recovery or actual recovery. Not being able to pay off the original loan and then renew it the next month costs borrowers even more money in interest, on top of the original amount they have already borrowed. AOL Autos: Used luxury cars

Let’s talk about repossession for a minute. The CFA reported that of those polled in their 2004 study, 75% had to give title lenders a copy of their car keys. Some companies started the cars to see if they worked and took photos of the vehicle even before a customer filled out the loan application.

An Arizona-based company said it has installed GPS systems on cars so it can track cars and turn them off remotely if they don’t receive payment on time. It might be an extreme case, but these lenders take a customer’s pledge signing very seriously. If you can’t pay, they’ll come and pick you up and your car.

The concerns about repossessing your car are obvious. How do you get to work, drop the kids off at school, go shopping or go out on weekends without a car? As if those scenarios weren’t bad enough, owning a car can be some people’s biggest financial asset. If the car gets swept away, so does the money it was worth.

Some states have laws that require lenders to pay you the difference on the loan after a lender repossesses and sells your car, but some do not. It is possible to default on the loan and not get money back for your car, even if you only borrowed a few hundred dollars.

This happens because auto title loans are also over-secured. Typically, the maximum amount most lenders will give you is 25-50% of your car’s actual value. However, if you can’t pay off the loan, they might be able to sell your car and keep 100% of the profits. Some lenders will not take possession of a vehicle but instead sue the customer for the money. They then add legal fees and finance charges to the existing loan amount.

Alternatives

Many auto title lenders defend their business practices by saying that they offer loans to people who otherwise could not get financial assistance. While this may be partly true, giving away one of your most valuable assets for several hundred dollars isn’t the only option.

Some credit unions, like in North Carolina, started providing low-interest loans of around 12% APR, a fixed 31-day repayment plan (to avoid rolling over a loan), and implemented a direct deposit from the borrower’s paycheck. so that the loans are repaid in full.

Other options may be cash advances on your employer’s paychecks, cash advances on credit cards, emergency community assistance, small consumer loans, or borrowing from friends or family. family members.

If you are considering a car title loan, check out these alternative options and read the information for yourself at www.responsiblelending.org or www.consumerfed.org. If you still need to sell your car for cash, educate yourself about the decision and the possible repercussions of these types of loans.


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Everything on Cars and automotive design • Interest rates

Consumer advocacy group hopes elected officials will close ‘loophole’ car title loans | News

ATLANTA (CBS46) — A consumer advocacy group is pushing for Georgian lawmakers to pass a law the group says will prevent lenders from taking advantage of consumers.

A representative from Georgia Watch, a statewide consumer advocacy group, testified Monday at the Georgia State Capitol to urge lawmakers to pass the Motor Vehicle Title Loan Act, SB329.

According to Georgia Watch, the law, if enacted, will close a loophole and protect consumers from high-interest car title loans.

“Some smaller lenders prey on financially insecure consumers by offering fast, high-interest cash loans that trap consumers in a cycle of debt.

Georgia’s usury law caps the interest rate on most small consumer loans, but a legal loophole allows car titles to be ‘pledged’ at interest rates of up to 300% , rates that would otherwise be considered usurious,” according to a press release from the advocacy group.

Georgia Watch reported that closing the legal loophole would protect Georgians by:

• Ensure that money loaned in exchange for a car title is treated as a “loan” rather than a “pawn”

• Align securities lending with current small loan industry standards

• Level the playing field for Georgians by leveling title loans across the state.

Everything you need to know about securities lending

We’ve become so digitally centric that it’s hard to visualize the future of business without it. Just as it is impossible to imagine successful businesses without digital marketing.

As we look to the future of business, companies that have already embraced digital marketing will strive to perfect their strategies.

For these companies, the question becomes “what digital marketing strategies can we put in place today that takes the future into account?

We will explore some of these strategies here.

If you haven’t joined the digital bandwagon, well, it’s time you did or risk losing substantial business opportunities to competitors who have already.

1. Data analysis

Data analytics is a strategy that will remain relevant for years to come.

It examines large datasets to draw conclusions about consumer behavior, rising trends, and untapped opportunities that your business can exploit.

So rather than digging up your information from whiteboards and papers, you digitize your data and let technology do the work.

The results are much more accurate and allow you to make research-based marketing decisions.

Decisions that facilitate highly optimized marketing campaigns, better value for customers, improved operational efficiency and increased sales.

Here are some ways data analytics can help your business:

  • Improve sales forecasting. By comparing historical feedback (customer behavior, responses, complaints, and sales activity) and current circumstances, data analysis helps you understand your performance and even predict future circumstances. You can then make appropriate budget allocations.
  • Improved marketing segmentation. Data analysis allows you to define your buyer personas and group potential customers into those personas. This enables granular-level message personalization that engages audiences and encourages engagement.
  • Booster email advertising campaigns for better interactions. Email is perfect for reaching the public. Data analytics steps in to let you know which subject lines and messages are driving engagement, as well as the best days and times to send emails.

2. Marketing chatbots

With the continuous development of artificial intelligence technology, chatbots are becoming increasingly useful in providing quick and effective solutions to site visitors.

The 24-hour uptime feature means your site serves customers and prospects non-stop, which boosts lead generation efforts and revenue.

To build an effective chatbot strategy, consider the following:

  • Understand your users. Having the big picture of your customer, i.e. your buyer persona, should shape the reach and execution of this strategy.
  • Define your goals. What do you want to accomplish? Reflect on your customer conversion process and work backwards to identify all touchpoints. What value can your chatbot offer? How can it drive site visitors to convert?
  • Choose a platform. The obvious choice is your website, but you can also have them on your social media channels. On your website, consider placing the bot on high-intent pages (service pages, pricing pages, and landing pages), high-traffic pages, and blogs.
  • Create chat streams. Create pre-planned conversations based on different customer responses for your chatbot to follow. You also need to program the chatbot to send requests it doesn’t understand to human agents.
  • Build the robot. You can build your chatbot using a chatbot builder (like Chatfuel, Pandorabots, ManyChat, MobileMonkey, etc.) or purchase one. The two options have a different impact in terms of resources and skills needed, risk management and user experience.
  • Test the robot. Use every possible interaction you can think of to test the chatbot before going live. This will help minimize errors when uploading.
  • Watch your robot. Keep an eye on the bot once it’s live to make sure it’s working as expected. Update the bot with changing industry trends and common questions asked by site visitors.

3. Interactive Content

Interactive content facilitates a two-way conversation with your audience. They don’t just read what you wrote, but can engage with it and try different results.

So, while static content works, consumers are increasingly interested in interactive content that gives them an idea of ​​the products/services.

This type of content does a great job of grabbing audience attention and boosting lead generation while allowing you to collect user data.

You can incorporate them into your email marketing campaigns, landing pages, advertisements, and social media posts.

Examples of interactive content include interactive calculators, interactive assessments, interactive quizzes, interactive infographics, and interactive videos.

Benefits of using interactive content include:

  • Attract and engage users. The dynamic nature of this content grabs attention and keeps your visitors engaged for longer. Audiences personalize content in real time for varied results.
  • Lead generation assistance. Experiences like calculators and ratings provide real value to users, which means audiences are more likely to share their contact information for them.
  • Help SEO efforts. Embedding interactive content and sharing it on social media, website, email, or paid ads can help improve brand visibility. Making your interactive content shareable can help increase backlinks and improve your SEO.

4. Cold Call

How is cold calling a strategy for the future?

As long as we build new businesses and seek solutions to improve operational efficiency and drive sales, cold calling has a future.

Sales and marketing teams will continue to prospect and reach out to companies they have never done business with before to share their unique value propositions

Communication is two-way in real time, allowing teams to get feedback and assess the quality of their leads.

This gives them a better understanding of their target market and how to develop personal relationships.

Here are some actionable tips to help you reach more leads and close deals:

  • Pre-qualify your prospects. Research your target market to understand their needs, motivations, pain points, and the capability of your solution. This will allow you to spend more time talking with well-suited brands and not wasting time with those who are not interested.
  • Know your offers. Keep useful data and statistics at your fingertips so you can share them with prospects. Go further and stay on top of industry trends, legislation and their impact on your brand/solutions.
  • Use a script. Don’t read it verbatim unless your business requires you to, in which case you should try to sound natural. Cover all the points you want to discuss and include FAQs, objections and objective answers.
  • Keep it simple. Most B2B needs and concerns revolve around improving operational efficiency, increasing revenue, or reducing costs. Explain in the simplest possible terms how your products/services solve these problems.
  • Agree on the next step. Before you end the call, make sure you’re both in agreement on what’s going to happen next, and then act on it.

5. Influencer Marketing

From customers and industry experts to company employees and journalists, B2B influencers are followed in their niche.

It may not be a huge audience like you would find in the B2C industry, but it is an engaged audience. And targeting an engaged audience is perfect for maximizing visibility, building credibility, and improving sales numbers.

Key considerations when implementing influencer marketing strategy include:

  • Create reasonable deadlines. Although B2Bs are not likely to buy on impulse, an influencer they admire and respect is likely to influence their decisions. Keep this in mind, besides the fact that B2B purchases generally take longer to complete.
  • Know who your customers and target audiences follow, listen to, read and watch. These influencers make excellent advocates because they have already established trust and authority among their followers.
  • Set standards. Establish criteria that potential partners must meet to work with your organization. Examine the brand’s collaboration history, audience engagement rates, content distribution channels, and top performing content, among other pre-qualifiers.

LA wins call in fight against Uber for scooter and data on bikes


This is an archived article and the information in the article may be out of date. Please look at the history’s timestamp to see when it was last updated.

Los Angeles officials were right to suspend Uber’s license to rent scooters and e-bikes in the city because the company refused to share real-time data on its passengers’ journeys, a hearing officer.

The 13-page decision is a blow to Uber’s subsidiary, Jump, which has been battling for more than a year against a data-sharing rule imposed by the city’s transportation department.

Uber spokesman Davis White said the company will appeal the decision. For now, customers can still rent the bright red scooters and e-bikes through the Jump app.

“We have made it clear for months that we have serious privacy concerns regarding LADOT’s requirements to collect real-time individual travel data on our passengers in Los Angeles,” White said. “We believe that the best methods of data aggregation could deliver near real-time LADOT data, while protecting the identity of Los Angeles residents and our passengers. “

Read the full story on LATimes.com.

34.052234-118.243685


Car title loans face interest rate caps in Georgia Senate bill

ATLANTA — The practice of pawning your car title to make ends meet could become a bit more restrictive in Georgia under a bipartisan bill introduced in the 2020 legislative session.

Using a person’s vehicle as collateral, auto-title loans provide small amounts of money quickly to cash-strapped borrowers, without the need for a credit check. The loans, which can carry high triple-digit interest rates, can cost borrowers their vehicles as well as the balance of any outstanding debt in the event of default.

For developers, loans offer people a way to keep themselves financially afloat in times of hardship.

These borrowers may not qualify for other types of loans offered by lending institutions like banks or credit unions, depending on the lenders in title. High interest rates help offset the risk of lending to less financially stable borrowers, they say.

But critics argue that the practice helps trap the state’s most vulnerable populations in a cycle of debt, especially for low-income and black communities. Consumer groups have long called for more legal safeguards on title loans to curb so-called “predatory lending” techniques.

Senate Bill 329 would cap interest rates at 36% per annum for auto-title loans in Georgia, closer to regulating other small-value loans. It would also set stricter conditions for refinancing and set limits on how much a lender could collect in the event of default.

The bill’s sponsor, Senator Randy Robertson, said he was inspired by a Columbus voter whose elderly father pawned the title to his car to pay his utility bills, then fell into a hole because of the increasing monthly payments of the loan’s 166% interest rate. .

Robertson, R-Cataula, said he modeled the 37% interest rate cap legislation that the

The U.S. Department of Defense provided approved military loans in 2006.

“I don’t want to kill business and I certainly don’t want to close a lane that a segment of the population may need to get around,” Robertson said. “What I want to do is line up that lane with the closest thing.”

Sen. Chuck Hufstetler, Republican chairman of the Senate Finance Committee, is co-sponsoring the bill with three fellow Democrats: Sens Zahra Karinshak, Ed Harbison and Sheikh Rahman.

The bill would also move regulation of small consumer loans from the state Department of Insurance to the state Department of Banking and Finance. Gov. Brian Kemp has already estimated this will go into the state budget for fiscal year 2021.

Predatory loans or loans of last resort?

Small consumer loans are regulated to varying degrees in Georgia depending on the amount and type of loan, but none can carry interest rates above about 60% per annum under the loan’s usury cap. State.

This does not cover loans involving car titles, which state law considers pledged items. Pawnshop transactions are subject to interest rates of 25% per month for the first 90 days, then 12.5% ​​per month for every 30 days thereafter.

Consumer protection advocates see the pledge designation as a loophole that prompted automatic securities lending to balloon in Georgia. The nonprofit group Georgia Watch estimated that 755 securities lending companies were open in Georgia in 2018 and accrued nearly $200 million in interest.

Georgia Watch executive director Liz Coyle said these companies often prey on troubled borrowers who desperately need money and are willing to pay off high-interest loans for years to avoid lose their car.

“Pawning your car title is not the same as pawning your grandfather’s watch,” Coyle said. “It’s a debt trap.”

Robert Reich, president and CEO of Atlanta-based lending company Community Loans of America, disagreed with this characterization. In a statement, he said the high interest rates reflected the risk of such loans and argued that they should be regulated by local county and city rules, not the state.

“These are high-risk financial transactions and we look forward to working with the author to further educate about our industry in hopes of empowering unbanked customers with options that would not otherwise exist,” Reich said.

A better approach, Reich said, would be to go with the regulations proposed in legislation introduced in 2017 by Rep. Brett Harrell, R-Snellville, that would limit loan terms but keep interest rates largely the same. Georgia Watch called this measure not tough enough. He stalled at the State House.

For his part, Robertson framed his bill as a way to curb small loans that could help alleviate the “generational poverty” that can drive people to commit crimes.

Robertson, a retired major with the Muscogee County Sheriff’s Office, said many Georgians who end up in jail were raised in families that had to operate “quick money type businesses” to make ends meet.

“It empties jails and jails,” Robertson said of his bill. “We need to stop the behavior that gets them incarcerated, and I think relying on predatory loans is part of that behavior.”

Story Beau Evans, Editor – Capitol Beat News Service

Georgia senator seeks to cap interest rates on car title loans



A proposed bill in the Georgia Senate would cap the interest rate on car title loans and limit the amount lenders could collect in the event of default.

Senate Bill 329 was introduced in late January by state senators Randy Robertson, Chuck Hufstetler, Zahra Karinshak, Ed Harbison and Sheikh Rahman. The bill is bipartisan as Robertson and Hufstetler are Republicans and Karinshak, Harbison and Rahman are all Democrats.

The lengthy 32-page bill specifically seeks to cap interest rates at 36% per annum for any car title loan issued in the Peach State. Furthermore, it seeks to prohibit the lender from continuing to collect interest on the loan after the sixtieth day after the borrower has not made a monthly payment by the due date “unless the borrower conceals the motor vehicle”.

The legislation also outlines how lenders disclose title loan parameters.

Other consumer loans of a similar nature are capped by the state and none currently have rates higher than 60%, but car title loans fall into a different category alongside pawned items. These are subject to interest rates of 25% per month for the first 90 days, then 12.5% ​​per month every 30 days thereafter, depending on North West Georgia News. Consumer advocates in favor of the bill say the type of loans are predatory in nature and prey on those in need. They even went so far as to call car title loans a “loophole” in the title pawn industry.

Robertson said Calhoun’s time that he is pushing the measure because of a constituent in his district, which encompasses Columbus, whose “elderly father pawned the title to his car to pay his utility bills and then fell into a hole because of increasing monthly payments of the 166% interest rate of the loan.” He also told the newspaper that his bill will “alleviate generational poverty” and “empty jails and jails.”

To help push the initiative through, the bill was combined with another initiative which includes transferring the regulation of consumer loans like these to the Ministry of Banking and Finance from the current Ministry of Insurance. . This is something that has already been factored into Kemp’s proposed budget for fiscal year 2021.

The measure was assigned to the Senate Finance Committee, of which co-sponsor Hufstetler is the chairman. He hasn’t had a hearing yet.

You can read the 32-page bill in full here.


Avatar


Jessica Szilagyi is a former statewide contributor for AllOnGeorgia.com.


Payday loans and car titles need reform

By Rabbi Gary S. Creditor

When my wife and I applied for our first credit card, I eagerly waited for it to arrive. When we applied for our first car loan, I had no doubts that we would be approved. When we applied for our mortgage, I was also certain, but amazed at the amount of paperwork involved and the amount of information required. Never in our lives have we needed short-term loans or had to give title to our car as security for a loan.

We have been blessed.

But for so many Virginians, their financial reality makes it impossible to get the loans and mortgages I received, so they have to go to the nearest payday lender. Then they often find themselves trapped in a terrible scenario from which there is almost no escape. In the Commonwealth, payday and car title lenders can charge interest rates of 200 and 300%. Although borrowers intend to take them as short-term loans to tide them over in the event of an emergency cash crunch, it often doesn’t turn out that way.

People who already struggle to pay their grocery bills or keep the lights on end up paying more interest and fees than the original amount they borrowed. For example, in Virginia, the average car title loan is $1,116 and the average reimbursement cost is $2,700. Virginia also has one of the highest car foreclosure rates in the country. Those in the weakest financial situation often sink deeper into poverty. For those who lose their car titles lose their means of transport to work in order to earn money to repay loans! Virginia has the dubious distinction of having one of the highest car repossession rates on title loans in the country because our laws have unusually weak consumer protections.

Any cursory reading of Scripture, especially Leviticus and Deuteronomy, finds numerous commandments whose ultimate goal is the alleviation of poverty and the elevation of the poor to equitable financial status. Just substitute current terminology for agricultural terms. While the main objective may be utopian, namely to eliminate poverty completely, in the meantime; The scriptures compel us to care for and care for the poor, the needy, and those unfamiliar with the intricacies of modern finances.

How clear are the following verses: “Do not put a stumbling block before the blind”, [Leviticus 19:14] and “Cursed be he who leads the blind astray.” [Deuteronomy 27:18]. “Don’t steal from the poor because he is poor! [Proverbs 22:22]. While scripture was composed centuries ago, its words echo with force and urgency to our legislators in Virginia. They must regulate this industry and put an end to these practices that can cause financial ruin and lead to eviction and homelessness.

The countless religious communities of the Commonwealth of Virginia can find endless quotations in their sacred texts that echo the words of Leviticus, Deuteronomy and Proverbs. In unity, religious communities raise this issue and together demand that the General Assembly adopt laws to remedy this situation.

As a member of the Virginia Interfaith Center for Public Policy, I thought we were successful in championing this cause. In 2008, certain limits on payday loans were adopted. But lenders quickly turned to offering “open credit,” like a credit card but with 300% interest, exploiting another part of Virginia’s legal code where they aren’t required to obtain a license. and can charge unlimited rates. Virginia is one of six states whose lending laws are so weak that payday lenders operate that way. Our state legislators have attempted reforms over the years, but lenders have successfully blocked or circumvented the rules, so now we must redouble our efforts and demands.

While our economy appears to be thriving with low unemployment rates and a strong stock market, the truth is that the gap between the weakest members of our society and those with the highest incomes has widened to epic. Vulnerable people are more vulnerable than ever. I realize that there will always be people who need access to immediate capital and liquidity and companies who will accept different levels of risk to make it available. These lenders don’t need to rip people off with such usurious rates.

Evidence from other states shows that carefully crafted laws can ensure strong safeguards for these businesses while allowing widespread access to lower-cost credit. In fact, some of the same companies operating in Virginia today charge up to 300% interest charge less in other states. Why should our laws allow our citizens to be exploited? The scriptures command: “There shall be one law for the citizen and for the stranger who dwells among you. [Exodus 12:49]

The possibility of a fair market where all loans have affordable payments, reasonable prices and strong consumer protections is already a reality in other states. It’s a goal that church leaders in Virginia have long been calling for, and the time has come.

The Virginia Interfaith Center for Public Policy and the Virginia Poverty Law Center are working with partners and lawmakers to take action to protect consumers rather than predatory lenders. Bills demanding comprehensive predatory lending reforms have been introduced by Senator Mamie Locke (SB421) and Delegate Lamont Bagby (HB789) and proceed towards the passage.

This legislation will finally fix the problem and put money in the pockets of Virginia families who live paycheck to paycheck. Faith communities across the state are being mobilized to make sure they do.

Scripture, respected and honored by all religious traditions, requires: “Justice, justice you shall pursue [Deuteronomy 16:20].” The time has come. The Virginia General Assembly is the venue.

Rabbi Gary Creditor is a board member of the Virginia Interfaith Center for Public Policy and Rabbi Emeritus of Temple Beth-El in Richmond. ([email protected]).

Ballot initiative to ban securities lending runs out of money

Supporters of a bid to ask voters to ban securities lending have quit amid the inability to raise the funds they need to get it – and keep it – in November’s ballot.

Rodd McLeod, campaign consultant for Arizonans for Fair Lending, said the federal courts’ refusal to strike down a petition signing law has increased costs beyond the point supporters are willing to fund. And without money, he told Capitol Media Services, it makes no sense to keep collecting signatures.

The initiative sought to ask voters to remove the exemption the industry now has from a state law that limits qualifying interest to no more than 36% per year. Current title loans can carry an annual percentage rate of up to 204% per annum.

Speedy Cash is a securities lender with 13 locations in Metro Phoenix.

Backers needed 237,645 valid signatures as of July 2, 2020 to put the question on the general election ballot that year.

But McLeod said the law, signed into law in 2014 by the Republican-controlled Legislature, actually requires circulators to collect far more than that to prevent signatures from being disqualified. And even if they do, he said, the law gives enemies of the measure new legal tools to try to stop it from going to voters.

On paper, the law in question requires paid circulators to register and provide an address where they can be subpoenaed.

Crucially, however, is that judges are required to reject all signatures of any circulator who fails to appear in court, whether or not there is other evidence to show that the signatures themselves are valid. and were legally collected.

McLeod’s group was so concerned that they asked a federal judge to strike down the laws.

In a 19-page ruling last year, Justice Susan Bolton acknowledged that the 2014 law could make it harder for those proposing their own laws and constitutional amendments to submit their proposals to voters.

But Bolton said the challengers had not presented enough evidence – at least not yet – to show that allowing it to remain in force poses irreparable harm, either to voters or to those hoping to propose future measures. vote. So she agreed to allow the law and its hurdles to stay on the books pending a full trial, which is unlikely to happen before the deadline for groups like McLeod’s to turn in their signatures.

“We don’t have the money as a campaign not only to collect the additional signatures due to those who are going to be rejected on these legal details, but also to bring people to court at the same time” to confirm the signatures that they collected. “It’s also expensive.”

In fact, this might be the most expensive part, since anyone who wants to challenge the legitimacy of an initiative campaign need only file a lawsuit to challenge the validity of the signatures and then issue subpoenas to appear for all paid circulators.
McLeod said someone could have collected 1,000 signatures.

“But the person who witnessed your signature, the paid circulator, is not available on a Thursday next August to appear in court in Phoenix because he may be living in Sierra Vista,” he said. declared. “So your signature is thrown away, your voice is silenced, because of a technicality related to the person who collected the signature.”

McLeod pointed out that lawmakers, in enacting the requirement, did not extend it to petitions to nominate candidates, including themselves.
Bolton, in his decision, noted this distinction.

State prosecutors countered by citing the Voter Protection Act. This constitutional provision states that once a measure is approved by the ballot box, it cannot be repealed by the Legislative Assembly, but must instead be returned to voters.
Bolton was skeptical.

“The ‘near-permanence’ of an initiative once passed is more a legal outcome than a compelling government interest in justifying the method chosen (by the state) to induce compliance with subpoenas,” wrote the judge.

Still, none of that was enough for Bolton to grant a motion to bar the state from enforcing the law in the 2020 election.

The challengers appealed his refusal to enjoin the law. But that case won’t be heard until April.

Bolton is not the only judge who has refused to strike down the law. The Arizona Supreme Court reached a similar conclusion in 2018.

“The Act represents a reasonable means to promote transparency, facilitate the judicial fact-finding process, including adherence to valid mandatory process, and mitigate the threat or fraud or other wrongdoing infecting the initiative process,” Judge John Lopez wrote for the court. “This furthers the constitutional purpose of the initiative process by ensuring the integrity of signature collection through reasonable means.”

Voters can still weigh in on the topic of interest limits – but in a whole different way.

A ballot measure pushed by the National Credit Alliance would overturn virtually all laws that currently limit annual interest charges to 36%. Sean Noble, the group’s campaign manager, called it “a stand against socialism.”

As a constitutional amendment, it needs 356,467 valid signatures on the petition by July 2 to qualify for the November ballot.

New Vespa scooter, Suzuki Hayabusa, and more


Two-wheelers at Auto Expo 2020: new Vespa scooter, Suzuki Hayabusa, and more

The Auto Expo 2020, which will be held next week in Greater Noida, will largely focus on four-wheelers. Indeed, most two-wheeler manufacturers, including leaders like Hero MotoCorp and Bajaj, have decided to skip the 15th edition of Asia’s biggest auto show for two reasons. First, participating in Auto Expo is a costly affair and few two-wheeler companies are willing to make this investment when slowing sales in the industry have affected their balance sheets. In addition to this, two-wheeler manufacturers are also busy upgrading their range to comply with the impending BS 6 emission standards. As a result, we only have Suzuki Motorcycle India and Piaggio coming to the next Greater Noida Auto Expo 2020. And here is what these brands could bring to the show.

1. New Vespa scooter

Vespa Urban Club_Glossy Red_01.jpg

Vespa, a subsidiary of Piaggio, is expected to present a brand new scooter at the auto show next month. According to media reports, it is expected to be an India-specific scooter and will most likely join the Indian Vespa lineup as the most affordable product. While there are no details on this upcoming Vespa scooter, it can be assumed that it will sport a retro style and not be as feature rich as its rivals.

2. New Suzuki Hayabusa

2020 Suzuki Hayabusa launch in India: find out price, specs and more

It may be the only big bike that we believe will come to Greater Noida Expo 2020. Launched last year, the new Hayabusa undergoes minimal styling changes and is mechanically identical to the previous model. However, in its new iteration, the bike benefits from dual channel ABS and two new color options.

3. Suzuki BS 6 range

Suzuki Access 125 BS6.jpg

Along with the new Hayabusa, Suzuki is also expected to showcase its BS 6 product line. So far, the only Suzuki BS 6 two-wheeler is the Access 125, which launched earlier this month. However, we believe the company will bring BS 6 motorcycles, likely the Gixxer 155 series, to its pavilion at the Delhi auto show next month.

4. Aprilia RS 660

Aprilia RS 660.png

The Aprilia RS 660 is a fully faired motorcycle that was unveiled at EICMA 2019. It is powered by a 660cc parallel V-twin engine and has 99 horsepower. And while not launching anytime soon in India, bringing this sports bike to the show will certainly attract a lot of people to Aprilia’s booth.

5. Aprilia RS 150

Aprilia RS150 Auto Expo 2018.jpg

The Aprilia RS 150 is a fully faired 150cc motorcycle that was presented by the company at Auto Expo 2018, albeit as a prototype. This time around, we believe the Italian marque will showcase its production model at Expo 2020. The RS 150 takes inspiration from the Aprilia RSV4 superbike and gets top-notch hardware like inverted forks and disc brakes at both ends. . When launched in India, the bike will lock horns with Yamaha YZF R15 V3.0.


Kaley Cuoco is an Italian hottie on a green Vespa scooter in the cobbled streets of Rome


Frazer Harrison / Getty Images

Kaley Cuoco may have complained about looking “too Midwestern” while playing Penny in “The Big Bang Theory,” but the actress is in Europe right now. Kaley is filming her new TV show “The Flight Attendant” and she keeps Instagram up to date.

FYI, if you need a glimpse of Kaley’s experiences so far in Italy, they’ve been hilarious.

Seriously. Kaley lost her mind this week after her hotel told her to use the “coffee machine” in her room – the 34-year-old woman eventually found out that the “coffee machine” was nothing more than ‘an electric kettle with instant coffee sachets.

Kaley was not happy. She is now.


Kaley Cuoco / Instagram

Kaley updated her Instagram just in time for the weekend. She posted an eye-catching yet relaxed photo of herself lying on a forest green Vespa scooter. A picturesque backdrop of cobblestones and buildings counterbalances the blue sky of Rome.

The star might have been bundled up, but she was still gorgeous. Kaley had opted for a comfortable, earthy-toned coat, also wearing a chunky scarf and dark pants. Of course, accessories suitable for scooters had been put on, with the actress wearing a white helmet.

A legend took the route of the joke.

“This is who I am now. ?? I am that person who drives a Vespa through Rome. Or at least gets shot at a giant platform, pretending to drive a Vespa through Rome. While I was in Rome.

Jesse Grant / Getty Images

It didn’t take long for Kaley’s update to garner a ton of comments – and likes. The star’s post managed to register over 25,000 likes in 40 minutes.

“Ha !! Incredible!” was a comment.

“It’s so crazy !!” another fan wrote.

Kaley will still garner remarks referring to her 10-season stretch on the popular sitcom “The Big Bang Theory”. A comment came up mentioning another of the characters in the show, Howard Wolowitz.

“Howard would be jealous,” the fan wrote.

“Howard would be so proud” was yet another reference.

Kaley Cuoco / Instagram

“The Flight Attendant” is still in filming mode, so you’ll have to wait a bit before it appears on screens. Here is what we know.

The HBO Max series will tell the story of Cassandra Bowen who wakes up in a hotel room in Dubai with a giant hangover – and a corpse next to her. She’s too scared to call the cops, so she joins her teammates to find the FBI waiting for her. And they have questions.

Kaley is both the star and the producer of the series.

For “BBT” fans, saying goodbye to street-smart Penny was the end of an era. It was certainly for Kaley, who spoke to She Knows, cooking up what she will miss the most.

“You know, she’s iconic. He’s the best character I’ve ever played. She has all the qualities. She is funny she is [silly and] I’m calm, she’s sarcastic. She loves Leonard and she loves these guys and she’s a real girl. You know, we’ve covered a lot of issues this year. She didn’t even want to have children and she wanted to be a business woman. I don’t think we’ve seen this much on TV, ”Kaley said.

“I was really impressed that they went this route and yes that is the reason why everything I do in the future will be sent back to Big Bang,” she added.



Bajaj Auto launches the electric version of its iconic Chetak scooter; price, booking details


Bajaj Auto launched an electric version of its iconic Chetak brand scooter on Tuesday. While reservations will begin from Jan.15, deliveries will begin from late February, the company said.

The highly anticipated Chetak electric scooter will be available at a starting price of Rs 1 lakh. The Chetak electric scooter was unveiled by Bajaj Auto last October.

Initially, it will be available in Pune and Bangalore.

Interested customers can book the scooter online at chetak.com with an amount of Rs 2000.

Speaking on the launch, Rakesh Sharma, Executive Director of Bajaj Auto, said: “From January 15, Chetak will be available in two cities and it will mark the start of a new era in two-wheeler mobility.

“The return of the legendary Chetak now in a modern electric avatar is indeed a proud moment for all of us at Bajaj Auto,” said Sharma.

“We are confident that Chetak will set absolutely new benchmarks in clean technology, elegance and enjoyable ownership experience, shaping the very future of Hamara Kal’s personal travel and construction,” he said. -he adds.

Chetak requires minimal maintenance with a service interval of 12,000 kilometers or one year (whichever comes first) and comes with a comprehensive three-year or 50,000 kilometer (whichever comes first) warranty. including the lithium-ion battery, Bajaj Auto said.

The electric scooter will be available in two variants, Urbane and Premium. a home charging station will be included in the package.

The Chetak Urbane edition with drum brakes will be priced at Rs 1 lakh, while the Chetak Premium edition with disc brakes and luxury finish will cost Rs 1.15 lakh.

These non-showroom prices include applicable subsidies but do not include insurance and road tax, the company said.

“Our goal is to provide an attractive and viable option for commuters with different needs and expectations through the Chetak range. To achieve this, we have offered a very advanced and stylish electric scooter at an affordable price,” Sharma said during of the launch event. in Delhi.


TFC Title Loans today unveiled the new format of its completely revamped website

LOS ANGELES, January 10, 2020 /PRNewswire/ — Explaining in detail how title lending works, this revamped site offers valuable information and advice for the automotive equity lending industry. The site also shares tips on auto title loan refinancing, the benefits of a good credit rating, and how to find out if your car qualifies for a car title loan.

The new design has a simple and unique user interface, increased loading speeds, and enhanced articles outlining TFC’s goal of funding those seeking car title loans online. The new website is online 23/12/2019 and can be found at https://www.tfctitleloans.com/how-does-a-car-title-loan-work/

The new TFC Title Loans site will be regularly updated with auto title lending facts and relevant information on the latest updates in the auto title lending industry. Potential customers are urged to check out the new website and sign up for the mailing list at https://www.tfctitleloans.com/car-title-loans-near-me-open-today/

TFC Title Loans extends inexpensive car title loans to people looking for financing online. Situated in Los Angeles, TFC Title Loans provides substantial loans to vehicle owners with significant capital. Read more on https://www.tfctitleloans.com/how-does-a-car-title-loan-work/

This press release was published via 24-7PressRelease.com. For more information, visit http://www.24-7pressrelease.com.

SOURCE TFC Securities Lending

Related links

https://www.tfctitleloans.com

Lime Ends Dockless Scooter and Bike Services in San Diego


SAN DIEGO (KGTV) – Lime is releasing its dockless scooters and bikes from San Diego, a month after a hearing officer ruled the company could keep its license to operate.

Lime announced Thursday that they will not be renewing their operating license in San Diego but will be monitoring the opportunity to return in the future.

“As part of our path to profitability, Lime has made the difficult decision to leave San Diego and focus our resources on markets that allow us to meet our ambitious goals for 2020,” said a statement from Lime. “We are grateful to our team members, riders, Juicers and the communities who have supported us throughout this journey. We appreciate the partnership we have enjoyed with San Diego and remain hopeful that we can reintroduce Lime to the community when the time is right. “

RELATED: City Council Committee Approves Changes to Dockless Scooter and Cycling Law

The company said it tried to work with city officials on compliance and safety issues, but was instead forced to defend its license, which it did successfully. Lime added that the city’s most recent regulations have resulted in a decrease in ridership and the city has not been transparent about towing by city-contracted and private towing companies.

In December, city council leaders voted to ban electric scooters from city rides at Mission Beach, Pacific Beach, Mission Bay Park Bayside Walk and La Jolla Shores.

A month earlier, city leaders had passed new regulations for electric scooters and bicycles, including lowering the speed limit from 15 to 8 miles per hour on boardwalks, a ban on parking vehicles. scooters in some areas and permit fees.

RELATED: San Diego Scooter Ridership Drops Dramatically

Lime said it was also shutting down operations in Atlanta, Phoenix and San Antonio as part of its “path to profitability.”

In September 2019, Uber also launched the call to remove its dockless scooters and bikes from San Diego. The company said at the time that “we agree with local San Diego officials who said current micromobility regulations promote an unsustainable operating environment.”

Data released in October 2019 showed that 222,076 people drove the vehicles without a dock during the two-week period ending October 15, compared to 441,830 from July 15 to July 30.


Dockless scooter, bike pilot program coming to Loudoun Co. – but only a small part


Shared mobility devices will be tested in Loudoun County, but only in a small part of the county, near future metro stations.

The Loudoun County, Va., Shared Mobility Device Pilot Program will limit the ability to rent and drop off a scooter, motorized skateboard, e-bike, and bicycle to areas immediately around Silver Line metro stations in the eastern part of the county.

The county will limit the number of shared mobility devices for rent to a maximum of 1,000 devices and will limit their operation to a service area approximately 3 miles from Ashburn, Loudoun Gateway and Dulles International Airport Silver Line Metrorail stations.

“The county is committed to providing transportation choices that connect people to their communities, employment centers, educational institutions, activity centers and other amenities,” said Joe Kroboth, director of the Department of Transportation and county infrastructure, which oversees the pilot program. .

Mobility devices without a docking station allow customers to avoid having to drop them off at a specific location. The convenience is applauded by many looking for an inexpensive way to walk a few miles, disparaged by those who say devices left on sidewalks pose safety risks and are unsightly.

Loudoun is the third largest county in Virginia, at 521 square miles, stretching to the border of West Virginia.

With the 3 mile limit imposed in the pilot program, scooters will not be available in historic Leesburg, or the One Loudoun development, including residences, restaurants and entertainment, as well as communities such as South Riding. , Stone Ridge and developments in the western, more rural parts of the county.

The county is currently looking for SMD operators to supply the devices.

The pilot program will run for at least six months after the Silver Line stations open, scheduled for mid-2020.


Scooter convoy marks funeral for Sherwood’s popular father and Mod


A convoy of scooter riders celebrated the funeral of a popular father, grandfather and Mod Sherwood in Quadrophenia style.

The grandfather of five, Danny Pugh, died on December 13 at the age of 58 after battling heart disease for seven years.

He worked as a porter before becoming a DJ.

Mr. Pugh owned two scooters and was passionate about Northern Soul and Motown classics, as well as Mod The Who staples.

To honor her father, her 32-year-old daughter Dee Bonsoir rallied around for people with Mod-style scooters to come forward and help lead the funeral procession.

After posting a pre-funeral appeal on Facebook, she was amazed at the reaction from Mods across the country as around 30 riders showed up on Vespas and Lambrettas to provide the colorful procession as friends and family said moving farewells.

The funeral took place on Monday January 6 and scooters escorted Mr Pugh’s casket from his home in Sheridan Way to the Wilford Hill Crematorium.

Ms Bonsoir, a community caregiver from Brinsley, said: “I had so many answers to the call, it was amazing.

“To have this farewell is unreal, he would love it, (it) means so much to us.

“Dad grew up loving mods. He always owned a scooter and rode with scooter clubs. He loved records from the 60s and 70s, Northern Soul and Motown.

“He had a few parkas, fox tails for his scooters and he had a room dedicated to the 60s and 70s.

“He loved The Who and Quadrophenia.

“Before his heart disease got worse, he was pretty straightforward, with a great sense of humor – sometimes inappropriate.



Danny Pugh, a former doorman, DJ and Mod fan.

“Dad was a porter for many years at various locations in Nottingham and Arnold, then DJ at the Carrington Inn.”

She added, “Seven years ago she was diagnosed with dilated cardiomyopathy.

“He went from a bubbly, lovable, party-loving person to a shadow of himself.

“He would be bedridden for days at a time. He became short of breath. He lost his sense of humor. He was quite depressed.



Danny Pugh's funeral was held at Wilford Hill Cemetery.
Danny Pugh’s funeral was held at Wilford Hill Cemetery.

“He wasn’t able to be as active as before. He sold his DJ stuff.

“For the past five months he was texting us to tell us how much he loved us. He certainly knew what was going on.



Danny Pugh's funeral was held at Wilford Hill Cemetery.
Danny Pugh’s funeral was held at Wilford Hill Cemetery.

“I feel like he hung on until I found someone decent. I’m with a really nice guy now.

“I felt like as soon as Dad found out I was taken care of he was able to leave.”

Mr Pugh was the father of Dee and brother Ben Bonsoir, 31, as well as younger sons Jack, 11, and Jake, four, whom he had with his partner, 18, Rachel Coupland.

He also has five grandchildren aged 15, seven, three, two and one.

Mr Pugh’s heart stopped on December 8 and, although he was resuscitated by paramedics, he was placed in a induced coma at Nottingham City Hospital in the intensive care unit.

On December 13, his family was told that he was showing no response and was suffering from multiple organ failure, so the decision was made to “let him go.”


You can now buy any new Vespa scooter online


Vespa USA has announced that it is making the buying process easier for potential customers with its online store. While Vespa-curious have been able to view current models and options on the Vespa website from the start, now we will also be able to check stock availability, promotions and place orders for bikes, accessories and clothing. fully online.

Ordering accessories and clothing online is quite common, whether related to the Vespa or not. However, ordering and even financing your next bike entirely online is a relatively new phenomenon, when it comes to new bike sales. We saw MV Agusta been doing this lately, and it’s not too surprising that other brands are starting to offer similar options.

If you are interested in a new Vespa, this new system is already online at the official Vespa USA store, so let’s check it out.

This is what happens when you order a Vespa online.

Let’s say you go through models and decide you want a specific model. You choose the color, then add it to your cart. Then you will get an on-screen confirmation pop-up to let you know that you have successfully completed your selection mission. From there, you can either purchase accessories or go straight to checkout.

Basket confirmation

When choosing to pay, you must go through each of the steps in order and press the “Confirm” button before the Vespa USA store will allow you to proceed to the next step. For example, the first thing you will see is the list of items in your shopping cart. You must confirm this before you can select the dealer by entering your zip code.

Cart

This is when Vespa USA will tell you how long you will have to wait to take delivery of your selected bike. For example, I had three Vespa dealers in my area. If I wanted to buy the Primavera in these screenshots, I would have to wait 30 days at one reseller and 90 days at two other resellers.

Purchase Steps

It then walks you through current promotions, including finance offers, accessory bonuses with new Vespa purchases, and more. It is also at this stage that you will be invited to apply for funding. If you choose this route, you must insert an app identification number to continue the purchase process.

Promo

It’s a fairly straightforward process that makes ordering your new Vespa scooter as easy as you would order a new Vespa branded t-shirt. If you want the comfort and convenience of ordering your next scooter while you relax in your pajamas, Vespa Store USA is officially here for you.

Source: Vespa store United States


Piaggio launches a range of Aprilia and Vespa scooters that comply with BS6 fuel injection standard!


Although the two-wheeler maker has not disclosed the price increase, we expect BS6 compliant models to warrant at least a premium of Rs 10,000.

Piaggio India today announced the launch of the BS6 compliant scooter range from Vespa and Aprilia. The Italian two-wheeler manufacturer had launched the BS6 compliant models of the 125cc and 150cc Vespas with Aprilia SR with 125cc and 150cc as well as Storm 125cc in India. All these models are now also injection. The Aprilia SR range is equipped with a new 160 cc engine capable of developing 11 hp of power. The two-wheeler manufacturer has yet to reveal the price increase accompanying the changes. However, we expect prices to increase by at least Rs 10,000 from the current price.

The Aprilia range of scooters in India currently includes the SR 150 Race, SR 150 Carbon, SR 150, SR 125 and Storm 125. Their prices range from Rs 65,000 to Rs 79,000. While the Vespa range includes models such as Urban Club, Notte, ZX, Red, SXL 150, VXL 150, SXL 125, VXL 125, Elegante 150, Elegante 125 and Vespa. Their prices are between Rs 73,000 and Rs 1.01 lakh (ex-showroom).

As the April 2020 deadline approaches, all bicycle manufacturers in India have started updating their respective model lineup to comply with the new emissions regulations. Yamaha, along with TVS, recently announced the launch of some of their BS6 compatible models and will be upgrading the rest of their model line soon.

Diego Graffi, Managing Director and CEO of Piaggio India, said: “We are delighted to be successfully transitioning to BS6 emission standards for our range of Vespa and Aprilia scooters, well ahead of the deadline. Being aligned with the government’s efforts on emissions, we have achieved a significant reduction in emissions thanks to our advanced combustion system. As a global brand, we understand the need to innovate and evolve, in order to build the mobility of tomorrow.

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Arizona car title loans must be capped to save the poor


Opinion: As pastors, we care for the vulnerable. That’s why we support Arizona’s Fair Lending Act, which limits interest on title loans to 36%.

In this season, Christians observe Advent – awaiting the arrival of the One we believe has come to redeem the earth. It is a moment of joy, yes.

But it is also a time of reflection on the evils of the world. We walk in the darkness of injustice, war, poverty and greed.

As pastors, we are disturbed when we see vulnerable congregants being preyed upon, including in their financial dealings.

This is why we support the Arizona Fair Lending Lawa ballot initiative effort that would lower the interest rate on car title loans, so that title lending companies could charge no more than 36% annual interest.

Loans charge borrowers 200% interest

When families are in financial trouble, they are vulnerable to the promise of “quick cash” from car title and other predatory lenders as a financial life raft. Unfortunately, the life raft often turns out to be an anchor, adding to borrowers’ debts.

Too often, this raft weighs us down too. With interest rates of up to 204%, our already strained charitable funds are often stretched even harder trying to help our brothers and sisters pay off these disastrous loans.

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In 2008, Arizona voted to ban payday loans, which defrauded families with exorbitant interest rates, sometimes over 200% per year. At that time, about half of the companies in the payday loan industry in Arizona simply replaced their products with vehicle title loans, so they could continue to charge families those exorbitant interest rates.

Today in Arizona, securities lenders are making mega profits by charging borrowers interest rates of up to 200%. Studies show that 1 in 5 borrowers end up losing their car when they can’t pay. Families on fixed incomes are often trapped in debt. And churches like ours need to step in to help people get back on their feet.

Do not exploit the poor for profit

What do the scriptures tell us about debt and loan?

In Proverbs 14:31 we are advised, “Those who oppress the poor insult their creator, but helping the poor honors him.”

Proverbs 22:22 goes on to instruct us, “Do not steal from the poor because they are poor.

The car title loan does just that. It targets the needy with loans they cannot afford for the benefit of the wealthy.

Securities lending benefits the poor and makes debt repayment almost impossible. God created mankind in his image and bestowed dignity and value on every human being. Predatory lending places individuals in a perpetual state of indebtedness, all for reasons of personal gain.

Making a profit is not unethical; however, making extreme profit at the expense of the weak and vulnerable is condemned by Jesus – and human decency in general.

As Christ is the light and the hope of the world, we must be the light of those who suffer from this darkness. We must end this exploitation of the poor and ensure that all Arizonans can live in dignity.

We pray that God will fill us with wisdom and compassion as Arizonans vote. We humbly ask that you support the Arizona Fair Lending Act.

Reverend Abigail Conley is pastor of Chalice Christian Church Disciples of Christ in Gilbert and Randy Reynolds is founder and executive director of Community Renewal in Tucson, which mobilizes the faith community on social and other issues. Contact them at [email protected] and [email protected]

Benling India Unveils Aura High Speed ​​Electric Scooter; price launch by the first quarter of 2020


– The Benling Aura electric scooter unveiled at the EV Expo 2019

– Price launch in the first quarter of 2020

– Will be the first high speed electric scooter offered by the brand

At the 11th edition of EV Expo 2019 held at Pagati Maidan in Delhi, the Indian branch of the Chinese electric two-wheeler manufacturer, Benling India unveiled a new offering of electric scooters, the Aura. This is the company‘s first high-speed electric scooter to join its existing product portfolio of Kriti, Icon and Falcon low-speed scooters. The price of the new electric scooter will be officially announced in the first quarter of 2020 and will be available for Pan India.

Okinawa i-Praise front left three quarters

The Aura is a retro style scooter but with modern machinery and features. It has a remote keyless system, a USB charging function, an anti-theft alarm and an additional integrated locking system on the rear wheels. On top of that, it also comes with a Breakdown Smart Assistance System (BSAS) feature that will restart the scooter and continue to run despite any system failure, preventing the user from getting stuck halfway through the intended ride.

For the powertrain, the Aura is equipped with a 2500 BLDC electric motor coupled to a removable 72V / 40Ah lithium-ion battery. With a full charge, which takes around four hours, the scooter is designed for a range of 120 km and a top speed of 60 km / h. It is also equipped with a remote keyless system, a USB charging function, an anti-theft alarm and an additional integrated locking system on the rear wheels.