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NIKUNJ SANGHI
Car discounts fail to cheer this DecemberDealers say the pick in festival retail means the stock pipeline is not overloaded and many manufacturers are still struggling to hit peak ...
Moratorium wary lenders go slow on festive auto loan offersAlthough car loan rates are the lowest in the last 12 months, auto dealers and marketers say banks and financiers are being extra cautious ...
Auto dealers now hit RTO hurdleDealers are not only stuck with commercial vehicles and two-wheelers conforming to phased-out BS4 emission norms, they’re not even able to ...
- Auto majors struggle to convert online bookings to sales
Dealers are far from convinced about the digital strategy. While online enquiries have increased in the past few weeks, they’re not getting...
Automobile dealers seek immediate financial support from OEMs, govt to stay afloatFacing unprecedented odds, automobile dealers are seeking immediate financial support from car manufacturers and the government to tide ove...
Lockdown: Auto makers go digital to sell BS-IV inventoryWith the Supreme Court having given a 10- day breather to sell 10% of unsold BS4 inventory and BS6 emission vehicles set to come in from Ap...
Huge discounts on cards for BS-IV bikesTwo-wheeler and commercial vehicle makers and dealers that hold unsold Bharat Stage-IV stock may offer huge discounts in the coming days, w...
Discounts on BS-IV vehicles come downOver the past three months, including the festive season, auto companies had given huge discounts — as high as Rs 1 lakh — to customers dep...
This is the best time to buy cars, you will not get such discounts again: Nikunj Sanghi, FADAWe can see some relief in next 2-3 weeks and that should be a big relief.
Auto sector situation unlikely to improve in next 2 quarters: Nikunj Sanghi, FADAAny silver lining can be seen post September or the festival season of this year, says Sanghi.
Auto sales poll vault in Madhya Pradesh, ChhattisgarhA senior executive at a leading Japanese car maker who did not want to be identified said the company has seen strong traction on the groun...
Insurance costs hit two-wheeler salesDealers are staring at large inventories built-up ahead of the festivals, as they apprehend a sharp decline in demand compared with last ye...
How a reluctant lawyer developed a roaring Dealer business in AlwarThe Rs 250 crore JS Fourwheel Motors is gunning for a topline of Rs 500 crore by 2020 when another 5-3S facilities would be added taking th...
Time for auto dealers to brace disruptionThe key message shared at ET Auto Retail Forum 2016 was that the entire business model of vehicle distribution will see a paradigm shift.
CarDekho.com, FADA join hands to drive online auto salesCarDekho.com entered into a partnership with Federation of Automobile Dealers Associations (FADA) to bring benefits of digital platform to ...
Jombay raises funding from VentureWorks IndiaJombay said it has raised funding from VentureWorks India, led by Keshav Sanghi and the Chairman and founder of Systems Plus Group of compa...
Newgen internet raises Rs 6 crore in pre-series a fundingJhaveri participated on behalf of his company. Mumbai-based Newgen owns Glamrs, an online fashion video portal customised for Indian women.