NEW DELHI: TV Sundram Iyengar and Sons Ltd, a part of the assorted TVS Group and one in every of the largest sellers of Mahindra and Mahindra Ltd (M&M) cars in south India, has shut 20 M&M...
NEW DELHI: To assist the auto zone tide in overstraining, the USA's largest lender State Bank of Indians -zero.24 % (SBI) has prolonged the credit length of automobile sellers, which might be going...
After 9 months of non-stop decline in income, the automobile sellers’ frame Federation of Automobile Dealers Association (FADA) is bullish on a revival in the imminent festive season. Not handiest...
Job cuts might also affect technical personnel too, says dealers’ association. Around two lakh jobs were laid off throughout automobile dealerships within the usa within the closing three months as...
Maharashtra has the very best range of vehicle dealerships that have downed their shutters in the past year. According to the Federation of Automobile Dealers Association (FADA), the State has...
Looking at supplying extended credit score to address stock build-up, says MD. State Bank of India is in active talks with vehicle sellers to provide answers for their present-day monetary hardships...
Inventories of Chinese luxury automobile sellers are rising as income gradually, setting greater pressure on profitability. An index tracking luxury vehicle inventories rose 9.1 percent in April from...
The majority of OEMs have tied up with the providers of HSRPs and passed on the facts to their respective sellers. The majority of OEMs have tied up with the providers of HSRPs and passed on the...
The lately concluded economy has emerged as a terrific yr for the auto industry and commercial automobiles touching a new high of over 1,000,000 home income and passenger automobile dealing with to...
The average income trend of passenger cars in India for the primary month of this monetary yr paints a grim picture. Compared to April 2018, automobile sales in April 2019 dropped by sixteen.7%,...
