Category: small business franchise
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COVID-19, trade war: Manufacturing shift to hit China, but will India gain?
The sudden rise in global coronavirus cases (COVID-19) over the past few weeks have not only shadowed global financial markets but has hampered the economic activity of major countries, particularly the virus in the midst of trade with China before the spread of coronavirus. In this case, most analysts have revised down their global growth…
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1/10 Auto Dealers may face closure
Even after the lockdown, auto sales are uncertain and many small and medium-sized vehicle dealers are looking to close the store or merge their businesses with larger dealers. There are currently 15,000 auto dealerships across India (including 2,3 and 4 wheelers). Famous people said they plan to close at least 8-10 percent of these dealerships…
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Imapct of COVID-19 on Auto Dealers
With demand slowing, the Indian auto industry is in crisis with the COVID-19 lockdown and uncertainty about when to return to normal. With dealerships closing, OEMs and auto dealers are in serious doubt. Speaking at ETO Live webinar, MG Motor India President and MD Rajiv Chabha said, “This is a golden time to focus on…
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How do i earn 50K and 1 Lac by doing small business
Connecting “buyer” and “seller” ONLINE and having commission out of it is very low investment business. As India is growing fast internet is reaching at every corner. India is still UNORGANIZED large market with second largest population. There are new kind of INTERNET business called “Marketplace”. Where internet is penetrated everywhere, number of CARS are…
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The global automotive aftermarket is expected to reach $722.8 billion by 2020
According to recent report, In USA, there is still 75% of aftermarket auto repair is performed by independent auto repair shops while 25% of the business lives with dealerships. The average length of vehicle ownership for new and used vehicles has increased 60% in the last ten years. Although Americans may be buying newer vehicles,…