Tag Archives: Dealer

Used-car dealer accused of gouging in $45 million of masks

A used-car dealer accused of trying to get New York City to pay a 400% markup on millions of respirator masks he didn’t actually have has become the latest target of a federal crackdown on pandemic profiteering. Ronald Romano, 58, of Manalapan, New Jersey, tried to charge city officials more than $45 million for the masks, falsely claiming he was ... Read More »

Motor Insurance: Look beyond your car dealer to buy insurance

Some dealers at times sell insurance on the pretext of promising discounts on subsequent renewables. While the insurance landscape has undergone a sea change and customers are buying what they need, as far as car insurance goes, it continues to be sold rather than purchased. Many of you continue to opt for insurance ascribed by dealers because you think it ... Read More »

Sale of used cars: GST only on margins made by dealer, says Adhia

The GST rates for second-hand car transactions will be the same as the new cars of the same make — 29 per cent for small cars or 43 per cent for all the other cars. The sale of second-hand cars on the vendor platforms will attract goods and services tax (GST) only on the margins made by the dealer, revenue ... Read More »

Used-car demand going strong at dealer groups

As new-car demand appears to be leveling off, the largest U.S. dealership groups are seeing used-car sales remain a steady, and hefty, percentage of their total revenues. That’s one of several insights from the Automotive News Data Center, which compiled data from survey information to produce its annual list of the top 100 dealership groups in the U.S., as ranked ... Read More »

Kawasaki Terminates SNK Palm Beach Dealership After Dealer Fails To Deliver Bikes

2016 Kawasaki ZX-10R   Taking action against its SNK Palm Beach located in Navi Mumbai, India Kawasaki Motors (IKM) has issued a public notice stating that the company has terminated the dealership after it failed to deliver bikes or issue refunds to customers who booked their motorcycles at the outlet. The public notice stated that “The general public is hereby ... Read More »