Strategic business overhauls on the cards in promising path to recovery Back in September 2018, management consultants Tech Sci Research, forecast the Middle East tire market would reach US$ 24.83 billion in value by 2023 with an average compound annual growth rate (CAGR) of 9.63 percent. At the time, the research-based company attributed its optimism […]
GCC-wide industry online penetration to grow by 90% by 2023 After a tough two years in which the GCC’s auto aftermarket has battled with a rise and fall due to prevailing pandemic restrictions and buyer sentiment, the sector is on the cusp of a revival but one where change is the name of the game. […]
Technology advances, economic shifts and altered buyer behaviour to drive sector change 76% of Middle East survey respondents ready to face changes; 66 percent predict sector growth or new tech opportunities The Middle East’s automotive aftermarket industry is bracing for change over the next five years, according to the newly released Automechanika Market Outlook 2021 […]
Three-day exhibition from 14-16 December 2021 at Dubai World Trade Centre Automechanika Dubai, the Middle East and Africa’s largest automotive service industry trade fair, will run in December 2021, with a host of new and returning features designed to keep thousands of professionals up-to-date on the latest market trends. The 18th edition of the three-day event, […]
Daimler India Commercial Vehicles (DICV) has announced a strategic tie-up agreement with Shriram Automall India Ltd. (SAMIL) to bring used commercial vehicles to the Indian CV market. The collaboration will provide a platform for customers to exchange their used vehicle of any brand for new or used BharatBenz vehicles, PAN India. SAMIL is India’s leading […]
Celebrating their robust association with loyal distributors, DH Lighting India, invited them, along with their families, for a casual business ‘bonding’ meet in Siliguri, West Bengal from September 29 to October 2. Surrounded by the lush tea gardens, the hill resort in Siliguri, West Bengal found discerning distributors of DH Lighting India gathered with their […]
Tata Hitachi has inaugurated its new Machine Care Facility (MCF) set up by its dealership, PSN Group at Bengaluru. This is yet another step in Tata Hitachi’s constant endeavour to further strengthen customer service in Karnataka State. Kaushik Narayan, Joint Managing Director, PSN Group, said: “Our Tata Hitachi machine care facility in Bangalore will provide […]
DH Lighting India, a leading company in the global automotive lighting segment, believes in establishing business relationships and aspires towards strong bonding with all its associates. It was for this reason that the company organised a distributors’ meet from September 29 to October 2 where its distributors from across the country were invited with their […]
Pitstop, a home-grown tech-enabled multi-brand car service provider, has announced the appointment of its new Chief Executive Officer – Services, as it prepares to move ahead with the next stage of growth. Pitstop envisages FY 21/22 to be a period of hyper growth as lotmore customers are looking for safer, more reliable, and convenient car […]
Ki Mobility has raised Rs. 85 crore initial funding from tech investors led by Kris Gopalakrishnan’s Pratithi Investment Trust and SeaLink Capital and currently has the largest network of high quality & cost-effective multi-brand vehicle service centres across 270 towns in India TVS Automobile Solutions Pvt. Ltd. (TVS ASL), India’s largest independent automotive aftermarket player, […]
Daimler India Commercial Vehicles (DICV) has announced a slew of extra initiatives to help dealer partners and staff during the ongoing pandemic. The support package focuses on financial and medical benefits (vaccination, insurance, incentives) for the dealership workforce, as well as assistance measures for dealerships’ business sustainability. Since the onset of the COVID-19 pandemic, DICV […]
Full industry recovery expected by 2025 as post-pandemic confidence grows across MENA While experts in the automotive market believe a full recovery could take up to four years, many market analysts and industry leaders have already seen green shoots, spurred on by the implementation of digital tools and the region’s COVID-19 vaccination efforts. That was […]
VE Commercial Vehicle (VECV) has announced a comprehensive package to support Eicher truck and bus customers, dealers, and dealer employees as they continue to operate in this difficult time. As a part of this initiative the company will offer COVID Insurance, including medical and life insurance covers to eligible dealership employees. This insurance coverage will […]
Continental has brought together its range of tires services for the fleet sector under the banner of Conti360° Solutions. This reorganization shines an even brighter spotlight on the future-focused themes of digitalization and sustainability. With this measure, the company is responding to changing customer requirements in a market shaped by increasing digitalization, data-driven management and […]
In view of the restrictions announced by several State Governments across India to curtail the spread of the COVID-19 virus, Tata Motors has announced an extension of the warranty and free service period for all its commercial vehicles that were scheduled to expire in the period of 01 April 2021 to 30 June 2021. This […]