COVID-19

Jaguar, Land Rover offering flexible payment terms, delivery options for buyers

Eileen Falkenberg-Hull
Apr 6, 2020, 1:55 pm

Land Rover and Jaguar buyers are now able to take advantage of flexible payment terms for their new cars and SUVs.

Photo courtesy of Land Rover
Many Jaguar and Land Rover dealerships are already offering full home pickup and delivery service in the wake of the COVID-19 pandemic, but today their parent company, Jaguar Land Rover, announced a number of new initiatives aimed at making the JLR customer experience better during this trying time.

New customers can take advantage of zero percent financing for 72 months on 2020 Jaguar and Land Rover models, as well as 2021 Jaguar F-TYPE. Qualified buyers who purchase through Jaguar Financial Group or Land Rover Financial Group can get a 90-day first payment deferral on those purchases. The amount financed is capped at $100,000.

Current customers can take advantage of lease extensions. According to the automaker,
By continuing to make monthly payments, Jaguar Land Rover Financial Group lease customers may extend the term of a Lease Agreement for up to six months to allow extra time and flexibility. No phone call is needed to confirm the extension. Customers will receive a letter or email from Chase for more information about the lease extension.

Returning lesses can have two payments of up to $750 each waived on new leases signed during April and May. The Lease Payment Waiver covers all 2020 Jaguar models, as well as the 2021 F-TYPE, and 2020 Land Rover Discovery Sport, Discovery, Range Rover Evoque, and Range Rover Velar.

Retailers stand ready to handle the entire vehicle purchase process remotely and are available to finalize all purchases without the need for customers to leave their homes. Their facilities are undergoing an updated daily cleaning regimen and personnel are observing the safest levels of social distancing to continue supporting customers' vehicle needs. Retailers are extending vehicle drop-off times to eliminate vehicle service congestion, as well as offering a variety of transportation options to facilitate vehicle servicing.

This program runs through April and May, but may be extended.

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Kia to launch 7 new electric vehicles by 2027, first coming in 2021

The teaser image of the 2027 Kia lineup includes numerous cars and SUVs.

Photo courtesy of Kia Motors

Kia has revealed plans to launch seven new battery electric vehicles (BEVs) by 2027 in numerous segments. The first, code named CV, will launch in 2021 and serve as the kickoff to a new Kia design direction. The move is known internally as the “Plan S" strategy. Under Plan S, Kia's BEV line will include 11 models by 2025.

The announcement coincides with the company's stated goal of having 25 percent of Kia's global sales come from BEVs by 2029. To do that, the company plans to work to expand the world's electric vehicle (EV) charging network. Kia has sold over 100,000 BEVs worldwide since the company introduced its first model in 2011, the Kia Ray.

Kia Ray EV 2011 The Kia Ray was the company's first production EV.Photo courtesy of Kia Motors

Plan S includes a company-wide business transformation that will include production, sales, and services. Dealerships will likely be required too invest in equipment to handle the influx of EVs. In the U.S, Kia will increase the number of EV work bays at dealerships to 600 by the end of 2020 and increase the number to more than 2,000 by 2023..

The product plan includes a diverse number of models. The vehicles will include BEVs that are “suitable for urban centers, long-range journeys, and performance driving". They will be based on the company's new adaptable Electric-Global Modular Platform (E-GMP). The platform will allow for best-in-class interior spaciousness, according to Kia.

Though subscription services have not gained widespread popularity in the U.S., the company is exploring the creation of subscription services, as well as EV battery leasing and rental programs. Other “second life" battery-related businesses may be part of the plan as well.

Kia also plans to add around 500 charging stations in North America, partnering with its dealer networks. Further, the company is seeking a partner in North America to support a larger infrastructure buildout.

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Mitsubishi leverages IoT tech to give users real time service and maintenance updates

The new Mitsubishi Eclipse Cross used the Internet of Things to connect to the My Mitsubishi Connect app

Photo courtesy of Mitsubishi Motors North Americ

Mitsubishi has enlisted Aeris and Dealer-FX to better connect owners to their vehicles. Using integrations with the Aeris Mobility Services and Dealer-FX ONE platforms, the My Mitsubishi Connect mobile app will now enable Mitsubishi Eclipse Cross drivers to view real-time service and maintenance needs, as reported by their vehicles.

The system will push timely notifications from the vehicle to the app and the owner's smart mobile device allowing them to act in a matter of seconds rather than trying to remember that a warning light cane in while operating the vehicle.

"Mitsubishi customers are dreamers, achievers, entrepreneurs – active in their communities and in their family homes, and their time is extremely valuable," said Mark Chaffin, Chief Operating Officer of MMNA. "The My Mitsubishi Connect app allows us to enhance their experience, be more efficient with their time and continue to demonstrate our commitment to delivering high quality, top value vehicles with leading-edge technology in the U.S."

This isn't the company's first IoT foray. When it debuted, Mitsubishi Road Assist+ was the first hardware-free, smartphone-based app provided by an OEM that allowed owners to realize the cost savings of usage-based insurance without having to own "connected car" with built-in telematics capabilities or aftermarket-installed telematics hardware.

Mitsubishi continues to grow its presence in the U.S. market. The company recently relocated its headquarters from California to the Nashville, Tennessee area near where Renault-Nissan- Mitsubishi Alliance member Nissan has its North American headquarters.

The company recently announced a partnership with the Nashville Entrepreneur Center to create the Small Batch - Big Ideas Entrepreneur Network, which gives entrepreneurs the opportunity to learn from Mitsubishi executives, among other benefits.

The My Mitsubishi Connect and Mitsubishi Road Assist+ apps are currently available on the Google Play store and the Apple's App Store for use on Android and iOS devices.

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