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Tuesday, 28 April 2009
Nano mania is haunting car dealers across the country even after the termination of bookings on April 25. Surprisingly, dealers were found to receive booking orders on Sunday and Monday against the officially stipulated time. The huge response for Tata Nano in Mumbai has pushed the dealers to unofficially open the booking. It is learnt that a couple of dealers in Mumbai and Goa sold application forms for the Nano and accepted bookings. Soon after the Tata Motors officials noticed it, they sent a directive asking them to stop all bookings for the car immediately. The dealers defended themselves by saying that they accepted bookings only on outright purchases. No finance was available as banks have stopped all financial support on Saturday. Hence, only aspirants who were able to pay the full down payment were allowed to make the bookings. The dealers were under pressure to meet their targets for Nano bookings. The company also admitted that most car dealerships saw immensely hectic activity on the last day of bookings. More applications were sold on the closing day than in the preceding days. The company is expected to disclose the total number of bookings received by the end of this week. The first phase of allotment of cars will be made 60 days after the closure of bookings. Labels: Car-Dealers, Nano, Tata-Motors-Cars
Tuesday, 3 March 2009
Dependable and reliability are the two major aspects that car buyers look for while purchasing a car. If these two factors are overlooked or misguided by a car manufacturer, the company loses credibility, brand image, and customers’ confidence. Astonishingly, Mercedes Benz and one of its dealers have been dragged into court for misleading a customer by selling a limited edition of a car under tag of it being the latest model. The customer approached the Merc dealer in February 2003 to buy a C-180 model of Mercedes Benz which is a regular edition. But he was offered with another model of C-180K which was the limited edition. The sales person misinterpreted the customer by hiding the fact of ‘limited edition’ and saying it was a latest model introduced recently in the market. Learning the faulty information given to him, the customer headed to the consumer court and after studying the case the court asked the manufacturer and the dealer to pay a sum of Rs 5 Lakh for the deceptive act. The argument stated that the car had already been used for over 50,000 km by the consumer and this dispute raised by the dealer was overruled by the court saying that it was immaterial. It is transparent from this incidence that we could not depend on dealers blindly for information. So it is better to make a complete market research of a car before stepping into any dealer showroom. Labels: Car-Dealers, Car-Manufacturer, Mercedes-Benz-Cars
Tuesday, 10 February 2009
During the famous Ocean Race in Kochi in December 2008, Volvo had revealed its plan to expand dealership network in the country to double its presence. Mr. Paul de Voijs, MD of Volvo Cars India, had mentioned the plan to add 6 new dealerships to Volvo’s existing network of 4 dealers. Now, three months after that, the expansion plan has finally started with the set up of a new car dealership in New Delhi. The new Auto Kashyap India Pvt. Ltd. dealership in south Delhi is scattered over 500 square meters and is Volvo’s second dealership in the capital city. Currently, Volvo has dealerships in Delhi, Mumbai, Hyderabad, and Chandigarh and will expand to Bangalore, Chennai, Coimbatore, Ahmedabad, Pune, and Kolkata by mid 2009. Adding up of new dealership will definitely strengthen its position in the competitive car market while maintaining an easy flow of Volvo cars around the country. Labels: Car-Dealers, Volvo-Cars
Friday, 28 November 2008
During this time of financial depression, Maruti Suzuki and Bank of Baroda (BoB) join hands with each other. The partnership is signed aimed at providing easy finance to Maruti cars buyers and simultaneously increasing the car loan portfolio of the bank. This joint venture is not just a significant move for the car manufacturer and the bank but also for car buyers. Whenever any buyer will approach a dealer of the company, the salesman will spell cost advantage of taking loans from BoB, which will also act as a brand promotion for the bank. Talking about the car buyers, the dealers will make them apply for a car loan in the nearest BoB branch, and the bank will approve the loan within 48 hours. So, this will benefit the customers as they’ll be able to manage finance easily during this time of credit crunch. The car loan facility will be available across 600 Maruti car dealers and about 2,800 BoB branches. At present, the bank gives car loan at an interest rate of 11.25% that is considered to be lower compared to what the other banks and finance companies offer. A supportive bank coupled with reliable and dependable Maruti Suzuki cars is worth giving a thought. Labels: Car-Dealers, Maruti-Cars, Maruti-Suzuki
Wednesday, 26 November 2008
Buy one car and get the other at $1! That’s a really a cool offer and once in a lifetime opportunity. One Chicago based car dealer has announced an exciting offer for car enthusiasts in U.S. You’ll roll over with thrill to know that you can buy a '08 PT Cruiser for $1 with the purchase of $40,000 luxury SUV, 2008 Chrysler Pacifica. Apparently, many of you would run to grab this offer. It’s not worth missing it. But sadly, the offer is only valid in U.S. The reason is none other than the slowdown in car market. The company is definitely losing revenue and profit as it is also investing a huge amount for promotional and branding activities. But, the lost is acceptable if they manage to cope up with the falling economy. Both the cars are great in terms of style, mileage, and performance. Just imagine if any such offer to travel to India. Obviously, not talking about the special scheme on Pacifica and Cruiser in India. But, how about an offer of buying Mercedes-Benz E-Class and getting a Maruti Suzuki Swift at Rs 1 Lakh. Sounds interesting! Just hold on your imaginations, as this kind of offer is very rare, and it is quite difficult to say if any such offer will ever make its debut to India. Labels: Car-Dealers, Car-Market, SUV
Monday, 3 November 2008
Till date, we had no car dealer online store in India with a 360 degree view of the showroom. But today, we fondly announce that Carazoo.com has introduced India's First Car Dealer Online Store with a 360 degree view, offering a virtual touch and feel experience to the customers. This online store is exclusively designed and developed with impressive and interactive animations, delivering a virtual touch and feel of the desired car model. It is exclusively designed for workshops for NBS International Ltd., a 100 % subsidiary of Mahindra & Mahindra. Interestingly, this serves to be a huge platform to deliver complete car solutions to all customers. Through this online showroom you can perform a complete car research, download car manual, schedule test drives, fix car service appointments, and even paint any car model with your favourite colour. You can even compare cars, customize car finance option, configure car accessories, and browse through an assortment of car just with a click. Another most interesting feature of the NBS Online Showroom is the comprehensive service module that enables all Mahindra car consumers to book service online and receives a confirmation through e-mail as well as SMS. Now, car buying and car customization is only a click away. Labels: Car-Accessories, Car-Dealers, Mahindra-and-Mahindra
Friday, 31 October 2008
When the car market is suffering from intense liquidity crunch, used car business is leading the game. The severe financial meltdown has proved to be a blessing in disguise for pre-owned and used car business. Car financers are moving away from giving car loans, which is pulling car buyers towards second hand cars. Today, you can get a number of used cars at attractive prices and people are taking advantage of these offers. Successful car models like the Hyundai Santro, Maruti Suzuki Alto, and Maruti Suzuki WagonR are gradually becoming the hottest pick up from the used car market. This is not only because of the low-cost availability of these cars but also for being the most reliable cars. You would be amazed to know though one or two years old, these car models deliver good performance and fuel efficiency if maintained well. So, if you are one among those who is shattered with financial downturn and is moving towards buying a used car, make sure that you choose a reliable seller or a car dealer. Labels: Car-Dealers, Car-Market, Used-Car
Monday, 11 August 2008
The auto giant with four rings - Audi India is shining in terms of sales. Though the car industry is facing hurdles due to rising interest rates and fuel prices. The luxury car manufacturer had a great six fold growth in sales for July 2008 compared to July 2007. More than 125 cars were sold in July compared to 20 cars last year. These figures show their growth in India. Their success is touching the sky and will further go up as the Indians are bitten by the luxury car 'bug'. The company also wants to expand its dealership in India. Presently there are 7 dealership across the country and now more new facilities are taking its shape in cities like in Ahmedabad, Ludhiana, Chennai and Kochi. Labels: Audi-Cars, Car-Dealers, Indian-luxury-car
Tuesday, 10 June 2008
Just how much difference does a good car dealer make to a car manufacturer? A big one if we see what a Maruti Suzuki dealer based in Kerala and Tamil Nadu has achieved. Indus motors has sold nearly 26,833 new Maruti cars in the last fiscal year. This dealership alone contributed to 55 percent of Maruti’s national sales volume! And this feat is not restricted to just new cars, Indus Motors has also achieved the highest sales in certified used cars through Maruti’s ‘TrueValue’ program. That was Maruti. But achievements of dealers haven’t been restricted to just low cost cars. Tai-Pan Motors is a Mercedes-Benz dealership based in Punjab and Delhi and it has been creating quite a stir with its high sales of luxury cars. A good car dealership is truly an asset to a car manufacturer and the above is exactly the amount of difference it makes. Labels: Car-Dealers, Maruti Suzuki
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