Tag Archives: Business

Volkswagen India strengthens its used car business: Introduces Das WeltAuto 3.0

Volkswagen India, the Indian arm of the German brand has announced that it plans to emphasise its focus on the used car business in India. Through the Das WeltAuto 3.0 (DWA) programme, Volkswagen India aims to provide a more transparent, professional and organised outlet for people who are looking to buy a used or pre-owned vehicle or sell their existing ... Read More »

VW launches Das WeltAuto used car business in India

Volkswagen has launched its pre-owned car business ‘Das WeltAuto’ (DWA) in India, the company announced. The DWA facilities offer buying and selling of multi-brand pre-owned cars. The company also said that DWA isn’t restricted to customers looking to exchange their existing cars for a new Volkswagen. The cars will be thoroughly checked and certified along with offering accessories, service and ... Read More »

Ford Likely To End Independent India Business With New Mahindra Deal

Ford will hold a 49 percent stake in the partnership while Mahindra will own 51 per cent. Ford Motor Co is nearing a deal with Mahindra & Mahindra to form a new joint-venture company in India, a move that will see the U.S. automaker cease its independent operations in the country, two sources with direct knowledge of the talks told Reuters. Under the ... Read More »

Tata Motors bets big on used car business

Used car business next big bet of Tata Motors Tata Motors is planning to scale up its used car business this year replicating the strategy of Maruti Suzuki and Mahindra & Mahindra’s pre-owned business, but will not have a separate chain for the segment. The company is running a pilot programme in several locations and is in the process of identifying markets where pre-owned cars ... Read More »

Nissan India Enters Used Car Business With Nissan Intelligence Choice

Nissan’s pre-owned car business wil begin operations out of 10 cities Highlights Both Nissan and Datsun cars will be sold via its used car business Each used car will be sold after a quality check of 167 points Nissan will also offer finance schemes to its used car buyers Nissan India announced its foray into the used car business under ... Read More »

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 »

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 »