Gulati: “Any dealer would be happy if he is able to minimise the inventory costs. Here, not just the interest on unsold inventory, even stockyard and pre-sales expenses will be fully eliminated.” Earlier today, Martin Schwenk, MD and CEO of Mercedes-Benz India, today made a landmark announcement to adopt an approach similar to a D2C… Continue reading FADA president welcomes Mercedes-Benz India’s new retail dynamic
Author: Autocar_Professional India Online News
Autoliv to set up steering wheel plant in Mexico
Autoliv, the global leader in automotive safety systems, is to construct a new steering wheel manufacturing plant in Aguascalientes, Mexico. When fully operational the 322,000 square feet facility will have the potential to employ up to 3,000 people. “We are doing this expansion to meet growing customer demand,” said Kevin Fox, President, Autoliv Americas. “This… Continue reading Autoliv to set up steering wheel plant in Mexico
Exports help Bajaj, TVS steer clear of May havoc
Two-wheeler numbers in May 2021 crashed quite predictably keeping the reality of lockdowns across the country which affected every vehicle segment. Yet, it was a grim reminder of how the second Covid wave is wreaking havoc in rural and semi-urban markets which account for a large percentage of two-wheeler sales. Most manufacturers stopped operations in… Continue reading Exports help Bajaj, TVS steer clear of May havoc
Mercedes-Benz India adopts new customer-focussed retail strategy
Mercedes-Benz India has announced a new retail strategy for the Indian market. This aims to smoothen the purchase process further, enhance customer experiences and also induce better profitability for its channel partners. The new approach, part of its ‘Reimagine Excellence’ programme, is similar to a D2C (direct-to-consumer) model, wherein Mercedes-Benz India will directly invoice vehicles to… Continue reading Mercedes-Benz India adopts new customer-focussed retail strategy
Boys & Machines opens showroom in Hyderabad
Pre-owned luxury car sales company Boys & Machines has opened a new showroom in Hyderabad, Telangana. This is its first touchpoint in the South India region. The new dealership, spread across 3,500 square feet, will primarily focus on high-end sports luxury cars. The company says it will employ 15 trained staff and will offer customers the… Continue reading Boys & Machines opens showroom in Hyderabad
Boys and Machines opens showroom in Hyderabad
Pre-owned luxury car sales company Boys and Machines has opened its new showroom in Hyderabad, Telangana which marks its first touchpoint in the South India region. The new dealership spread across 3,500 square feet, will primarily focus on high-end sports luxury cars. The company says it will employ 15 trained staff and will offer customers… Continue reading Boys and Machines opens showroom in Hyderabad
The time has come for bicycles to claim their place in the sun
As a race, we are making decisions and changing our lifestyles in ways we never thought we could. It is not very often in one’s lifetime that we get a chance to truly reset our way of thinking and living. India has the opportunity to re-imagine personal mobility in a manner, which leads to varied… Continue reading The time has come for bicycles to claim their place in the sun
Carmakers hit a wall in May — lock, stock and barrel
Maruti Suzuki India, Hyundai Motor India, Tata Motors, Kia India and Mahindra & Mahindra — which accounted for 85 percent share of the passenger vehicle (PV) market in FY 21 — collectively sold 92,138 units in May 2021. Across the board, sales were down 64 percent month-on-month. LockFrom Maharashtra to Haryana and Karnataka to Tamil… Continue reading Carmakers hit a wall in May — lock, stock and barrel
Commercial vehicles swept away in May mayhem
May 2021 saw sales of commercial vehicles crash to 20,001 units, 47 percent lower than the preceding month. With the second wave of Covid-19 spreading its reach in rural India, most states went in for lockdowns which brought economic activity to a screeching halt. The biggest casualty in the process was the CV segment. In addition,… Continue reading Commercial vehicles swept away in May mayhem
Igus begins production of wear-resistant polymer gears
Germany’s Igus, which develops and produces motion plastics, has announced that it begun manufacture of lubrication-free gears. The company says to cater to demand for production of wear-resistant and durable gears in high volumes, it now offers production with injection moulding in addition to mechanical processing from bar stock and additive manufacturing (3D printing). Polymer gears… Continue reading Igus begins production of wear-resistant polymer gears