Category: automaker
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Maruti Suzuki, MG Motor only firms to offer 5% average fixed dealer margins
Currently, only Maruti Suzuki India and MG Motors offer average dealer margins of five percent in the mass segment, which is less than 7 percent of the selling price that automotive dealers demand from automakers. According to a recent survey by the Federation of Automobile Dealers Association (FADA), average fixed dealer margins in India are…
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UK: Car dealership motors out of virus lockdown
Businesses at the Vauxhall Car Showroom in Chingford, north-east of London, are pushing ahead of the UK’s lockdown limits this week in the area affected by the coronavirus. Car dealerships in England have reopened as the UK government eases into the Covid-19 measures that have broken the industry and reversed the economy. “When we reopened,…
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Let car showrooms reopen urgently, industry body urges UK government
The automotive industry on Friday said it would urgently reopen five thousand new car showrooms in the UK. British car factories and dealerships have closed since mid-March, with sales down 40% so far this year, while some plants have resumed production, but much slower than usual. “Car showrooms are as spacious as garden centers, and…
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Car sanitisation: New business in town
After a two-month lockdown in the wake of the coronavirus pandemic, when the Delhi government reopens its doors for economic growth and relocation, old sources are closing the store and people are looking for ways to make bread. Bharat Anand, Mukesh Kumar, Rahul Eka, and Rahul Kumar are running the workflow shop as more cars…
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Coronavirus impact: New car sales in Europe fall 78.3% in April
Sales of European passenger cars fell in April. Controls have been placed on the coronavirus pandemic throughout the continent. The sales record fell. New car registrations in the EU, UK, and European Free Trade Association (EFTA) countries fell 78.3 percent to 292,182 vehicles. European Auto Industry Association (ACEA) statistics show. Sales in all EU markets…