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,