Tag Archives: Business

You Can Avoid Paying Taxes on Your New Car, Although It’s Risky Business

From the October 2017 issue A few years ago, at a Kruse auction, I sat beside a bald bidder who’d already lost precious portions of his mind over a 2007 Ford Mustang GT-H, the black-and-gold Hertz clone. “I will get this car,” he assured, and he did, but for a sum greater than the Mustang’s original sticker. I asked about applicable auction ... Read More »

Nissan enters used-car business with Nissan Intelligent Choice

CHENNAI, SEPTEMBER 28:   Japanese auto maker Nissan has launched its pre-owned car business under the brand Nissan Intelligent Choice (NIC) in India. NIC will offer certified pre-owned Nissan and Datsun cars and customers can also exchange any brand’s used car with a new Nissan and Datsun vehicle, according to a statement from the company. NIC Programme will be operational in ... Read More »

5 Small Business Marketing Lessons from NPR’s Car Talk

This week the hosts of NPR’s most popular non-news show “Car Talk”  Tom and Ray Magliozzi announced in a post on their site “Time to Get Even Lazier”  that they would “stop and smell the cappuccino.”  Car Talk has been on the airwaves for over 35 years of which 25 years has been on NPR.  The Wall Street Journal said that Car Talk had an ... Read More »

Maruti Suzuki to revamp used-car business

Sixteen years after Maruti Suzuki India Ltd entered the used car market, it is sharpening its focus on the business that is expanding rapidly. As part of the exercise, the Japanese carmaker’s local arm, which sells second-hand cars under the True Value brand, will set up a network of 150 independent outlets across the country by March 2018, and increase ... Read More »

Maruti Suzuki to revamp used-car business

The new outlets, which will also be based on a franchise model, will be set up by Maruti’s dealers, who are likely to invest close to Rs60 lakh-Rs90 lakh in each, depending on the area and city. Photo: Mint Mumbai: Sixteen years after Maruti Suzuki India Ltd entered the used car market, it is sharpening its focus on the business that ... Read More »

Maruti Suzuki to revamp used-car business

Sixteen years after Maruti Suzuki India Ltd entered the used car market, it is sharpening its focus on the business that is expanding rapidly. As part of the exercise, the Japanese carmaker’s local arm, which sells second-hand cars under the True Value brand, will set up a network of 150 independent outlets across the country by March 2018, and increase ... Read More »

GST effect: Used car business could impact the new car market in India

The Goods and Services Tax (GST) that will be enforced from 1 July has the potential to realign the largely unorganized used car market into a more organized frame work say industry leaders. Interestingly, sale of old and new cars is inextricably linked. It is estimated that about 27-28 percent of new car sales accrue through exchange of old models. ... Read More »

Xiaomi Targets Sales of $14.5 Billion in 2017 After Business Overhaul

China’s Xiaomi targets 2017 sales of over CNY 100 billion ($14.47 billion or roughly Rs. 98,471 crores), Chief Executive Lei Jun said on Thursday, after a year that saw the firm fall down the smartphone vendor rankings while it overhauled its business. “The worst is over,” Lei said at an annual meeting in Beijing, describing 2016 as a “make-up year”. ... Read More »

SBI Cards Sees Business Opportunity In Low Income Category

New Delhi: To tap opportunities arising out of limited cash supply following demonetisation, SBI Cards will soon launch credit cards aimed at the lower income group who have the capacity to pay but don’t have cards, besides quickening card delivery period to 2-3 days. “From the issuer side, what we can do is acquire more people and acquire faster. Another ... Read More »

HDFC Bank’s Aditya Puri In Fortune’s List Of Top 50 Business Persons Globally

  Mumbai: HDFC Bank’s Aditya Puri has been ranked 36th in the US magazine Fortune’s top 50 business persons list for 2016, and is the only Indian among three persons of Indian origin in the global rankings. Mr Puri, who has led the second largest private sector lender since its inception in 1994, has been ranked 36th in the list, ... Read More »