Resultant higher cash accruals and lower inventory will bolster credit metrics With 20-22% revenue growth and 50-100 basis points (bps) improvement in operating margin expected for next fiscal, overall revenue and operating profits of automobile dealers are set to scale back to pre-COVID levels, a study of 191 rated by CRISIL Ratings Ltd. shows. Revenues, […]
Automechanika Frankfurt, the world’s largest and leading trade fair for the aftermarket sector, is taking place as a hybrid event for the first time this year. The primary focus will be on the physical event and all the advantages it offers. Automechanika will be supplementing these by providing all exhibitors with new opportunities to network […]
Automotive aftermarket startup, AutoFlipz is off to a flying start, registering over 20 workshops barely a month into its launch in Delhi NCR. An additional 30 workshops are expected to be added by the end of the current financial year (FY21). Harpreet Singh and Japjot Singh, Founders, said, “The market acceptance for organized and transparent […]
It’s what keeps any vehicle running smooth like a well-oiled machine. Be it systems that control central locking, seat adjustment, wiper or even brakes – specialty lubricant is core to all these functions and more. And Klüber Lubrication India has a fine and vast range of specialty lubricants to offer to its discerning customers. ‘Special’ […]
One of the oldest dealerships of Tata Motors in India, Maurya Motors has come a long way in the last 30 years. With a firm presence in various segments related to vehicle sales, the company successfully weathered the pandemic-related storm and is looking forward to a strong year for earning growth in FY22, reports Rajesh Rajgor […]
Gearing up for the new edition of the trade fair in New Delhi, organisers of ACMA Automechanika – Messe Frankfurt India and The Automotive Component Manufacturers Association (ACMA) share their insights on the need for deep localisation of automotive component manufacturing and the role of the recently announced Union Budget in promoting this objective The […]
Since 2020, TecAlliance, one of the world’s leading data specialists for the digital automotive aftermarket, has been running a data quality offensive to continuously optimise data quality in the TecDoc Catalogue. A new set of rules with additional validations and key performance indicators (KPIs) supports parts manufacturers in improving their product data. A data supplier […]
A road journey, so beautifully presented in various films and books, is always a pleasure, not only for the wonderful sights that one can absorb while driving through the multicultural landscape of India but also for the multitude of interesting experiences. Harish Sharma, Director, DH Lighting India, has completed three such road journeys in order […]
CV dealers are well and truly back on track as far as business post-COVID is concerned. The dealers covered in this exclusive feature exude positive yet guarded outlook for FY 2021-22 thanks to gradual opening up of the economy and usual business activities on road to recovery, observes Rajesh Rajgor The sales of trucks and buses […]
Backed by good support from Tata Motors and witnessing a good pick-up in business post the pandemic, Kamal Motors is now gearing up for a brighter future Kamal Motors is part of the Ailsinghani Group that is engaged in the businesses of clearing and forwarding, transportation, logistics solutions, yard management and dealership. The dealership business […]
Since there is a bounce-back across all important industry segments with the opening up of markets and increase in demand in hub-and-spoke distributions, FY22 looks optimistic, according to G P Randhawa of Randhawa Motors Randhawa Motors, a division of Randhawa Automobile Engineering (P) Ltd., has been an authorised dealer for Mahindra Truck and Bus Division […]
FY22 will definitely be better as long as there won’t be another lockdown, but we will have to work much harder to gain whatever we have lost in the past, says Aroor Arjun Rao, Director, Arvind Motors Arvind Motors (P) Ltd. started its operations in Karnataka as an authorised Tata Motors’ commercial vehicle dealership in […]
In this exclusive interaction, C S Vigneshwar, Deputy Managing Director, Anamallais Agencies (Stadium) points out the lessons learned from the pandemic and the factors that will lead to a turnaround in the commercial vehicle sector Coimbatore-based Anamallais Agencies (Stadium) is one of the oldest dealers of Eicher trucks and buses in Tamil Nadu. Established in […]
With the post-lockdown phase boosting sales in the automotive industry, V S Arun of VST Motors is quite hopeful of a return to normalcy VST Motors Ltd. is one of the leading commercial vehicle dealers of Tata Motors with over six decades of close association. Managing Director V S Arun shares his views on business […]
The Federation of Automobile Dealers Associations (FADA) has released the monthly vehicle registration data for January’21. After showing a one-time YoY growth in December, January registrations once again fell by -9.66%. All categories except Tractor were in red. On a YoY basis, 2W, 3W, CV and PV fell by -8.78%, -51.31%, -25% and -4.46%. Tractor […]