NEW DELHI: From economy seat to business class, from one BHK flat to a penthouse, from a two-wheeler to a mini car and from a compact car to luxury marquees, now this upgradation bug has hit the Indian automotive industry.
The entry of premium cars is prompting car dealers to diversify their portfolios. Better margins and exclusivity have led several dealers across states to sell luxury cars. Sample this. Nirmal Motors had been operating a small Hero Honda dealership at Karnal in Haryana. Now it deals in Mahindra-Renault cars.
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Tuesday, September 11, 2007
Auto dealers see margin in shifting to luxury marquees
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