Wednesday, August 26, 2020

Automakers get into rescue mission as more than 300 dealers shut shop in FY20

Automakers get into rescue mission as more than 300 dealers shut shop in FY20 Maruti, Tata Motors, Honda Motorcycle offer direct loans, higher margins, and longer credit period to help dealers tide over Coronavirus-induced crisis. Zero retail sales, lower margins and new dealerships have forced many dealers to down shutters.

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