|SUV sales pick up – Silver lining for the Indian Auto Industry! The Indian auto industry is going through one of it’s worst slowdown in over two decades, with sales of some car manufacturers having dropped by over 50 percent! But models like Hyundai Venue, MG Hector, Kia Seltos & recently launched Maruti S-Presso, have “Bucked the Trend”. Launched in May2019, the Hyundai Venue has sold some 42,681 units till the end of September, to become the highest-selling compact SUV in India. In just 3 months MG Hector has sold more than 6000 units and have 30000 pending bookings. Kia’s Seltos has more than 50000 bookings. Maruti’s S-Presso got 10000 bookings in just 10 days. So what’s the secret behind the success of all these new launches ? READ MORE |
Bengaluru based Auto Startup offers Car Service at your Door Step Founded in 2015 by Sandeep Menon, the startup WHEELS WISDOM provides car service and repair services in Bengaluru, Hyderabad and Kochi. Just book a service appointment on the website and confirm your booking by making a payment. The startup does not own any service centre. It acts as a “wholesale” and “technical” customer to third-party multi-brand service centres. READ MORE
India’s used car Industry is booming
As per a recent study, the pre-owned car market crossed the four million unit mark in FY19 and is 1.2 times the size of the new car market. Apart from second-hand car sales, car rental and subscription models are also gaining popularity. “The demand in used cars is being driven by smaller towns and cities as stricter regulations, especially on emissions, and changing consumer preferences in major cities lead many to discard their older cars for new vehicles.”
Infoman eDMS Pre-Owned module brings the focus back on “Pre-Owned” sales to maximise profits amid declining new car sales. It simplifies and streamlines the tedious process of “Pre-Owned Car” sale with following measures:
1.Maintain Online Documents (RC Copy, Insurance policy etc) Evaluation history & Chassis wise record of accessories to get better margins during negotiations.
2. Paperless approval process for: Vehicle purchase, Additional Discount, Sale price, Refunds and Payment Cancellation.
3. Instant access to critical information related to STOCK availability, Vehicle movement, Outstanding & Collection information
4.Auto link with Infoman eDMS New Car Sale ensures instant voucher posting and smooth flow of information during exchange offers.
5. Evaluate performance of every deal using Chassis wise Profitability report.
Know the present trends of the industry and get ready for the future challenges. We are with you in this journey and will help you negotiate the bends and curves on the road to Success.