Mobility paves Samsung’s silver path
The Korean giant’s early bet on mobile phones helped it hit the $10-bn mark in India, but in its 25th year it ...
While the automobile sector is facing a slump, the turnout of participants at the Car and Bike Expo in Coimbatore was no reflection of the slowdown in the sector.
With 20 stalls, each showcasing the latest models of cars and bikes, the footfall and enquiries went on to prove that visitors were still curious about the newer models hitting the market.
“While the enquiry for diesel vehicles has slid by close to 40 per cent, we cannot say that people are not in a buying mood. The growth levels have stagnated as compared to the earlier year. A major reason for the slowdown could be the mindset of the consumer over purchase of diesel vehicle, as they see end of the road for such vehicles with emission norms getting stricter,” said a dealer of a renowned vehicle brand in Coimbatore, preferring anonymity.
Participants by and large felt that such expos during such turbulent times gave them an opportunity to showcase some of the recent roll-outs by various car manufacturers under one roof. “The buyer can shop, understand, touch and feel and take a call,” said another participant.
While new car purchases continued, albeit at a slow pace, participants said that buyers continued to explore exchange offers. “The pre-owned car inventory pile-up is scary. People prefer to exchange rather than buy an old car and get into trouble with the stringent emission norms,” said a dealer.
While dealers of Maruti and Honda seemed desperate, James Rathnam, General Manager-Marketing, SGA Cars India Pvt Ltd (dealers for Skoda), remained cool. He said, “the market has been pretty comfortable for us. We sold over 150 cars last month. And with the kind of offers in the offing, we expect the market to look up in the coming months.”
The Korean giant’s early bet on mobile phones helped it hit the $10-bn mark in India, but in its 25th year it ...
Antrix should adopt a different tactic than merely fighting over jurisdiction: Experts
Invest in relationships, enterprise, behaviour, effort and learning
From different types of osmoses to new membranes, researchers have come up with ways of drawing water
What filters should you apply when mining for under-the-radar small-cap stocks? Read on to find more
High valuation, intensely competitive landscape and small cap nature of the stock are key risks.
Amid choppiness, the benchmark indices slipped marginally; approach the week with caution
SBI Cards (₹1,032.7): Witnesses fresh breakoutBetween September and December last year, the stock of SBI Cards ...
That weekend came the news that Champa’s elder daughter was engaged, the proof arriving in the form of Jaimini ...
“Amma,” Divya yelled from the bathroom. “There’s something in my teeth.”Balakrishnan and Veena froze and ...
What makes the new crop of young Indian cricketers such game-changing winners? Over and above their talent, ...
For their dead, Parsis practise a 3,000-year-old system where corpses are excarnated in the Tower of Silence, ...
WPP agency Wunderman Thompson has launched its annual Future 100 report, lifting the lid on trends shaping the ...
Paneer, once alien to the South, has found a lucrative market in Chennai
Social media influencers are flipping the rules by first getting followers and then launching products and ...
The Flipkart kids playing adults are back — this time to push the home grown e-commerce marketplace’s grocery ...
Three years after its inception, compliance with GST procedures remains a headache for exporters, job workers ...
Corporate social responsibility (CSR) initiatives of companies are altering the prospects for wooden toys of ...
Aequs Aerospace to create space for large-scale manufacture of toys at Koppal
And it has every reason to smile. Covid-19 has triggered a consumer shift towards branded products as ...
Please Email the Editor