In a bid to make this festive season special, Tata Motors, India’s leading automotive manufacturer has joined hands with State Bank of India, India’s largest bank, to offer Electronic Dealer Finance solution (e-DFS) to its authorized passenger EV dealers. Commenting on the rollout of this finance scheme offer, Mr. Shailesh Chandra, Managing Director, Tata Motors […]
Abutani Trucking, dealer of BharatBenz trucks in Assam since 2017, celebrated a sales milestone of delivering 1000 BharatBenz trucks to customers in the North East. BharatBenz tankers and mining applications are widely favoured in the region thanks to their reputation for safety and best-in-class features. The sales milestone is a testament to growing customer faith […]
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, […]