The automobile sector’s engine has started revving up again, with retail demand contributing to an uptick in sales in August 2020. Half of India’s 14 car and SUV manufacturers who dominate the market, with a 90 per cent share, recorded a 20 per cent growth over August 2019. … [Read more...] about Here are the banks that offer the cheapest car loans
Under 10 lakh cars in india
“Our internal programme on electric vehicles is progressing as per our plan. We have also made a strategic investment in Ather. We will select the brand names of our internal products closer to the launch. We would not like to comment on that at this stage,” Hero MotoCorp said in response to an email by Moneycontrol seeking clarity. … [Read more...] about Hero MotoCorp’s ride into two-wheeler EV market faces family-pact speed bump
But it’s not just the mobility, but the sense of responsibility that drives the youth to become agents of change and their two-wheeler is like their closest ally. It’s what makes 2 wheelers such an important part of the identity of young India. And for this generation that yearns to reach out for the horizon, the people who keep the wheels of their dreams rolling smoothly are their trustworthy neighbourhood mechanics. For years, they have helped us to keep moving ahead, by keeping our vehicles non-stop protected. … [Read more...] about Castrol Activ Sets an Example with the #ProtectIndiasEngine Campaign
Besides fashion, in India, the big rental or pre-owned category is of luxury cars. According to Vinod Kothari, founder of Vinod Kothari Consultants that offers financial consultancy to brands and companies, “Brands such as Volvo and Daimler now allow leasing for three to four years and then agree to take back the asset, charging only about 60-65% of the asset cost over the lease term. In essence, the customer has the exclusive possession and use of the asset for those years, while paying only for a part of the asset cost. If the car is used for business, the rentals are tax-deductible.” … [Read more...] about Don’t have enough dosh to spend on a Prada gown, Gucci bag or a Rolls Royce? Just rent it!