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Formula E: The Watch, the Team, the Car…

AUT, Business, SPT

LA CHAUX-DE-FONDS, Switzerland, Aug. 30, 2014 /PRNewswire/ —

– The Future is Electric 

– TAG Heuer to premiere FIA Formula E Championship season at special VIP press event in Beijing

– MOTOR-RACING’S DOMINANT SWISS WATCH BRAND IS OFFICIAL PARTNER, OFFICIAL WATCH & OFFICIAL GLOBAL TIMEKEEPER OF THE 2014 FIA FORMULA E CHAMPIONSHIP

– TWO PIONEERS: The leader in prestigious and high-end chronographs joins forces with the world’s first-ever electric car open championship

Uber-cool Swiss watch brand TAG Heuer will mark the start of the world’s first electric car race season on 31st August with a king-sized VIP party in Beijing, home of the new championship’s electrifying season opener.

To view the Multimedia News Release, please click:
http://www.multivu.com/players/English/72762515-tag-heuer-formula-e-future-electric/

(Photo: http://photos.prnewswire.com/prnh/20140829/703475)

The event officially inaugurates the pioneering Swiss brand’s latest adventure in motor-racing, which starts 13 September in Beijing and closes 27 June, 2015 in London. TAG Heuer is the Official Watch, Partner and Timekeeper of the FIA Formula E Championship for all ten events, a role it has played several times over the decades, for major motor-racing series and circuit around the world, from Formula One in the 1970s to Indy 500 in 20XX and the Monaco Grand Prix today.

“Cars have fueled and inspired this brand since its earliest days,” said Stephane Linder. We invented the first dashboard counters back in 1911, partnered with Ferrari in Formula One in the 1970s, have been part of the most wining team in the sport, McLaren Mercedes, since 1985, and backed champions from Juan-Manuel Fangio in the 50s to Jenson Button and Stephane Ogier in 2014. Now we are proud to be part of the world’s newest and most innovative open championship-a path-breaking initiative that, like TAG Heuer, is a fusion of engineering, technology, sport, science, and design – all combining to drive the change towards a better tomorrow.”

In all, 10 cities will play host to the Formula E series, including Putrajaya, Malaysia,  Buenos Aires, Argentina, Punta del Este, Uruguay, Miami and Long Beach in the United States, and Berlin and Monte Carlo in Europe.

TAG Heuer’s colors and crest will line the street circuits of each Formula E city. They will also be worn by the crew and car of TAG Heuer’s other Formula E partner: China Racing Formula E Team and its drivers Nelson Piquet, Ho-Pin Tung and Antonio Garcia.

Video: 
http://www.multivu.com/players/English/72762515-tag-heuer-formula-e-future-electric/

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Avis Announces New Partnership with SriLankan Airlines

AIR, AUT, Aviation, CON, General, PAV, TRA, TRN

SriLankan Airlines’ Frequent Flyers, FlySmiLes members, are valued more with chances to earn points and enjoy discounts on rental cars from Avis

SINGAPORE, Aug. 29, 2014 /PRNewswire/ — Avis, today announced a new partnership agreement with SriLankan Airlines the national carrier of Sri Lanka and the newest member of the oneworld alliance. Through the new partnership, the Airline’s frequent flyers, FlySmiLes members will have the opportunity to earn and redeem miles from Avis car rentals. In addition, Avis’ products and services will be marketed to FlySmiles members on the FlySmiLes website: http://www.flysmiles.com/.

“We are more than excited to align our brand loyalty efforts with SriLankan Airlines,” said Patric Siniscalchi, President, Latin America/Asia Pacific, Avis Budget Group. “This partnership will enhance the value proposition for FlySmiLes’ customer loyalty program and bring us incremental business at the same time, giving us the opportunity to accelerate our growth in the Southeast Asia.”

SriLankan Airlines, Head of Commercial Operations, Mohammed Fazeel said, “SriLankan Airlines is delighted to have Avis on-board, which will provide our frequent flyers more opportunities to earn and redeem miles whilst on business or holiday. We have been expanding our strategic partnerships with service-providers of high calibre to provide our FlySmiLes members the best possible experience.  With SriLankan’s entry to oneworld in May this year, FlySmiLes members now have the opportunity to enjoy a wide range of benefits in addition to earning and redeeming miles when flying with the oneworld carriers.”

To celebrate the new partnership, Avis offers the FlySmiLes members Double and Triple bonus FlySmiLes miles on qualifying rentals.

For More Information: Call Reservations Hotline 1800 737 1668 (toll-free)

About Avis in Asia

In Asia, Avis is a leading provider of vehicle rental; vehicle leasing and limousine/chauffeur drive services operating in more than 300 locations through a network of wholly owned subsidiaries, joint ventures and licensee agreements in 18 markets. Avis opened its first operations in Asia in 1970 in Hong Kong. Throughout the 1970’s Avis grew steadily in the region, with operations launched in Singapore, the Philippines, Pakistan, Malaysia and Indonesia. More recently, developments have included openings in India, Mainland China, Vietnam and Taiwan.

About Avis

Avis Car Rental operates one of the world’s best-known car rental brands with approximately 5,450 locations in more than 165 countries. Avis has a long history of innovation in the car rental industry and is one of the world’s top brands for customer loyalty. Avis is owned by Avis Budget Group, Inc. (NASDAQ: CAR), which operates and licenses the brand throughout the world. For more information, visit www.avis.com.

About SriLankan AirLines and FlySmiLes

SriLankan Airlines being the  National carrier of Sri Lanka, is an award winning carrier with a firm reputation as a global leader in service, comfort, safety, reliability, and punctuality . The airline has cemented a firm reputation worldwide for its service, comfort, safety and reliability, notching many enviable industry awards along the way. These awards include the, World’s Friendliest Cabin Staff by Skytrax; Best Airline in South Asia from Travel Trade Gazette; World’s Most Reliable Operator of Airbus A330s and A340s by Airbus Industries and the Etihad Global Excellence Award for Best Regional Caterer.

The airline’s hub is located at Bandaranaike International Airport in Colombo, providing convenient connections to its global route network of 60 destinations in 33 countries in Europe, the Middle East, South Asia, Southeast Asia, the Far East, North America and Australia. SriLankan has mutual code-share services with BMI (British Midland), Etihad and Malaysia Airlines. Indian Airlines , Saudi Arabian Airlines, Air Canada and Mihin also code-share on some of SriLankan’s routes. SriLankan has consistently achieved very high marks for excellence, especially in polls of global travellers and has won many international accolades consistently.

For further information please contact:

Grace Banto
Avis Asia
+65-6737-1668
grace.banto@avis.com.sg

Logo – http://www.prnasia.com/sa/2013/03/08/20130308141351782465-l.jpg

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Frost & Sullivan: Regional Vendors Thrive as eRetailing of Automotive Parts and Service Picks Up in Europe

AUT, Aviation, General, TRN

— Sale of tires and accessories will push online retailing revenues to more than EUR18 billion by 2020

LONDON, Aug. 27, 2014 /PRNewswire/ — The rapid growth in personal, in-vehicle and service shop connectivity is lending momentum to the creation of new customer touch points and driving the online sales of automotive parts and services in Europe. The emergence of independent eRetailers is further propelling the expansion of aftermarket eRetail, which has also been buoyed by aggressive participants such as Amazon.

New analysis from Frost & Sullivan, Opportunity Analysis for the Automotive Parts and Service eRetailing Market in Europe, finds that the market was valued at EUR5.29 billion in 2013 and estimates this to reach EUR18.33 billion by 2020. While France, Germany, and the UK contribute the highest to online sales due to higher Internet penetration, Russia is expected to witness maximum growth in revenues with a compound annual growth rate of 30 percent till 2020. Over the next five to seven years, Spain and Italy too will catch up as smartphone adoption increases.

“Sales through smartphone apps are an immediate opportunity for aftermarket participants in Europe to explore,” said Frost & Sullivan Automotive and Transportation Research Analyst Anuj Monga. “Although the computer is currently the preferred mode for online shopping, and the use of mobiles is limited to accessing product information, shopping through tablets and smartphones will pick up significantly as more 4G long-term evolution options become available.”

Tires will remain the leading product category in online sales, followed by brakes, batteries and vehicle accessories. Tire eRetailers, traditional parts retailers and pure play parts eRetailers are expected to gain market share owing to their regional presence, as radically dissimilar legislations across countries in Europe pose a challenge to cross border selling. Keeping compliance costs under check has also proved difficult for online sellers due to tax regulation variations and the complexity arising from deploying different models in each country.

Over the next few years, the key differentiator in the aftermarket retail space will be the fulfilment models employed by companies. Complementing various revenue opportunities such as smartphone apps, these innovative fulfilment models tailored to diverse target customers will enhance scope for growth.

“Original equipment manufacturers are likely to take the lead in directly driving parts sales by exploring new revenue-sharing arrangements with dealer groups as well as promoting the ‘click & fit’ model, which will ensure a steady stream of repair business,” noted Monga. “Hence, remote assisted repair, remote diagnostics and predictive analysis will evolve into robust avenues for eRetailing revenue generation in the medium to long term in Europe.”

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

Opportunity Analysis for the Automotive Parts and Service eRetailing Market in Europe is part of the Automotive & Transportation (http://www.automotive.frost.com) Growth Partnership Service program. Frost & Sullivan’s related studies include: Western European Heavy-Duty Used Truck Market, Global Automotive Aftermarket, North American Class 1 to 8 Filters Aftermarket, and In-vehicle Advertising in the North American Automotive Infotainment Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

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

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

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
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For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

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Opportunity Analysis for the Automotive Parts and Service eRetailing Market in Europe
M9FD-18

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

http://www.frost.com 

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Toyota Holds Eighth Dream Car Art Contest Awards Ceremony

ART, AUT, Fashion, General, TRN

TOKYO, Aug. 27, 2014 /PRNewswire/ — Toyota Motor Corporation held an awards ceremony for the eighth Toyota Dream Car Art Contest at Mega Web, Toyota’s vehicle experience facility in Tokyo’s Koto Ward on August 27.

A total of 662,898 art works from 75 countries and regions were submitted to the contest. In each of three age categories (seven and under, eight to 11, and 12 to 15), one Gold, two Silver, three Bronze, and four Best Finalist awards were presented. In addition, one entry was selected for the special President Toyoda Award. The award ceremony was attended by the 31 award winners and their parents and guardians, representing 22 countries and regions.

The Gold award winners were Thanh Mai Bui (age 6) of Vietnam for “Super Crab Car”, Jirawat Yodsing (age 10) of Thailand for “Wat Pho Massage Car”, and Iasmina-Maria Raceanu (age 16; 15 at the time of submission) of Romania for “STORYOTA”. Mealaksey Pha (age 5) of Cambodia won the President Toyoda award for “Smart Fish Car”.

The award-winning entries and photo of ceremony of August 27 can be viewed and downloaded from the Toyota Dream Car Art Contest press site at http://www.image.net/dream_car_art_contest_2014.

Please note that images from the event will be posted at around 2:00 p.m. on August 27 (Tokyo time).

About the Toyota Dream Car Art Contest

Conducted as part of Toyota’s social contribution activities, the Toyota Dream Car Art Contest is open to children 15 years of age and below worldwide. The contest, first conducted in 2004, gives children throughout the world the opportunity to develop an interest in cars and helps them feel the joy and importance of having a dream.

Local contests were held from October 2013 through March 2014, with 670 outstanding entries selected to progress to the world contest held in Japan. TMC President Akio Toyoda led a jury consisting of outside experts in art and automotive science in selecting the winners.

Contact:

Midori Kobayashi, Masako Kitamura
Toyota Motor Sales & Marketing Corporation
Tel: +81-3-3817-9460
e-mail: toyotadreamcar@tmsm.co.jp

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