The complainant, who purchased a Ford Fiesta (Diesel) car from A B Motors Pvt Ltd, Dehradun, claimed that Ford India Pvt Ltd had published a misleading advertisement in newspapers claiming an average mileage of 31.4 km litre whereas the actual mileage was 15-16 km/litre.
The auto major, which sells models including Nexon, Harrier and Safari, has clawed its way up to over 10 per cent market share in the passenger vehicle space in July this year after a span of nine years and now plans to hold on to it with a slew of measures. In order to bring additional volumes and bring more customers to its fold, the company plans to add around 250 sales outlets by the end of the fiscal.
For this installment of the ETAuto Retail Ranking Report 2021 Series, we interviewed Vinkesh Gulati, president of the Federation of Automobile Dealers Association (FADA), the apex dealers’ body representing 15,000 principals. According to him, the second wave has created a big dent in retail resulting in zero revenue for almost all dealers. “Though monsoons are expected to be normal, because of the Covid impact on rural markets, sentiments are low and revival is remote. Hence, we may not see a V-shaped recovery, unlike last time. This means that the demand for automobiles will be low at least until the festivities kick in,” Gulati said. Edited Excerpts:
The Infinium Toyota will modify the interiors of the MPVs to convert them into ambulances, equipped with oxygen cylinders, stretcher and other devices.
The company has assured INR 25,000 to cover the medical expenses incurred by a dealership employee due to COVID-19 infection. In the case of the unfortunate demise of an employee due to COVID-19, the company has assured INR 200,000 that shall be paid to the deceased person’s family members.
The board meeting is scheduled to be held on Tuesday, May 18, 2021 to consider and approve the audited financial results for the quarter and financial year ended March 31, 2021.
The Competition Commission of India (CCI) in its order said Tata Motors appears to have abused its dominant position and the case "requires an in-depth investigation". The practice by Tata Motors to "coerce its dealers to order the vehicles according to its own whims and fancies" is anti-competitive, the CCI said in its 45-page order.
The application Freepay, an electronic invoice presentation and processing and reconciliation solution from JP-Morgan-backed fintech, Global PayEx Freepay solution, allows Bridgestone dealers to make payments directly through the self-service, using their smartphones or desktops.
Emerald showroom owner collected tax from buyers between Jan 2016 and Dec 2020, but did not deposit it with AMC
The workshop is spread over 30,000 sqft with a capacity to service 800 -1,000 cars a month. It is equipped with 23 bays, latest infrastructure and equipment as per Skoda customer service standard.
Georgia car dealer Christopher Basha was way ahead of Elon Musk in embracing bitcoin as a currency for selling vehicles. Basha said he learned about cryptocurrency from a roommate who mined bitcoin. "Someone bought a pizza with bitcoin," he said. "Buying a car with bitcoin didn't seem that crazy."
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