It is a myth that the car dealers earn very good margins in sale of cars/SUV. A car dealers’ gross margin comes from sales margin of car ( appx 2-3 % of car value ) and margins from other allied business like accessories sales, New Car Insurance and Insurance Renewal, Retail Finance, Extended Warranty, Loyalty Card among others.
In the very competitive automobile industry, every OEM (Original Equipment Manufacturer) is trying to woo the customers to increase their market share. “Customer is the king “and all the O.E’S and their dealer network” are working extra to reach to the new customers and also improve the customer retention.
Whenever ink bleeds over a line, blood and sweat soon follow. Nodding already? Check this out
EVERY genius architect was once just a kid with a box of crayons and a big sheet of paper. With the drawing teacher’s simple rule holding his fingers – never let your sun, cloud, hill, cottage, fish, crow, tree, boat cross the boundary.
Isn’t it strange that while the Titanic was built by professionals, the Ark was made by amateurs?
MR. SHARMA is the best neighbor in a certain society (let’s not take names) in a certain two-tier town in India. That’s not just because he is accomplished, compassionate, intelligent, warm, cheerful and a good citizen. But more so because he gives ample reasons to his neighbours to gossip behind his back. The criticism that keeps these neighbours and their tongues pleasantly occupied is about his...