Day: April 8, 2020

What is the way ahead for auto dealers?, Auto News, ET Auto

Dealers' are the worst lot, as they have not just stopped selling vehicles because the earlier two weeks, but most are also saddled with huge BS-IV stock.
Dealers’ are the worst great deal, as they have not just stopped providing vehicles because the earlier two weeks, but most are also saddled with huge BS-IV stock.

New Delhi: The Indian automobile industry, which had by now been reeling less than the pressure of slowing need, has hit a disaster with the COVID-19 lockdown and there is an uncertainty about when normalcy will return. With dealerships staying shut, equally OEMs and auto sellers are less than major scepticism heading ahead.

In an ETAuto Live Webinar on ‘Covid-19 Lockdown: five necessary features of the Auto Industry’, Rajeev Chaba, President & MD, MG Motor India mentioned, “This is a golden time for OEMs to focus on dealer consolidation. We ought to imagine about dealer discount rates and focus on obtaining much less sellers, but very good ones.”

Speaking about preserving enterprise performance for the following six to twelve months, Diego Graffi,

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