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India's auto stocks cheer after Parliamentary Panel agrees that they need more stimulus and the dealers need loans with less collateral


1.62%Source: BSE Auto Index
There has been some recovery in auto sales in recent months. But, there is a peculiar situation in India, where the car makers and the dealers can’t agree whether the sales in the month of November were good or not! While the Society of Indian Automobiles, the lobby of car manufacturers, said it has been a great month, the dealers association wasn’t as excited.
The recommendation from the Parliamentary panel has come at a time when car makers like Maruti and Mahindra & Mahindra have already announced discounts⁠ a usual fair at the end of every year⁠ after a losing an entire year to the pandemic and its extended impact. The recovery of this segment of industry is important because it employs a large number of people, many unskilled or less-skilled ones, and as per the panel’s estimate, 345,000 people have already lost their jobs. ....

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How Geo-Intelligence Transforms Automotive Retail Operations


How Geo-Intelligence Transforms Automotive Retail Operations
Reduce the number of days vehicles spend in recon, the amount of money spent on key replacements and the number of hours dealership employees spend looking for cars and keys.
Dec 16, 2020
Any business that relies on process workflow can find efficiency by using location-tracking technology to keep tabs on its moving parts but without business rules or operational guidelines applied to that data, the result may not be more than points on a map.
Geo-intelligence the intentional synthesis of location data with measurable processes and user expectations delivers a holistic diagnosis of a business’ operational health. For auto dealers in particular, geo-intelligence data can yield results that are truly transformative significantly reducing the number of days vehicles spend in recon, the number of days on the frontline, the amount of money spent on key replacements and the number of hours deale ....

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Studie sieht 18% der mittelständischen Autozulieferer gefährdet

Studie sieht 18% der mittelständischen Autozulieferer gefährdet
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