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The company established Cars24 Financial Services as a subsidiary in 2019. [20] The company received an NBFC license from Reserve Bank of India in July 2019. [21] Cars24 Financial Services provides consumer loan facilities to car dealers and end customers in the used car segment across 50 cities in India. [20]
Dealer or retail price is the price expected to pay if buying from a licensed new-car or used-car dealer. Dealer trade-in price or wholesale price is the price a shopper should expect to receive from a dealer if trading in a car. This is also the price that a dealer will typically pay for a car at a dealer wholesale auction.
CarTrade.com is an Indian online auto classifieds platform serving as a marketplace for users interested in buying and selling new and used vehicles. [2] Headquartered in Mumbai, the company also owns other vehicle trading platforms such as CarWale, BikeWale and CarTradeExchange, the omnichannel vehicle auction company Shriram Automall, the vehicle inspection company Adroit Auto, and the ...
Hopes had been high, with the Ministry of Industry claiming that the 2000 would be successful enough that the black market price of imported luxury cars would go down. [10] Production capacity was 4,000 per year, but such numbers were never achieved. [11] Standard built only 11 cars in 1985 but 1,557 cars were finished in 1986. [12]
Standard Motor Products of India Limited otherwise known as Stampro for short, formerly known as Union Motors , [1] was an Indian automobile manufacturer based in Chennai which produced Standard cars and light commercial vehicles in collaboration with Standard-Triumph of England. The company was established in 1948 and was in operation till 1988.
The majority of India's car manufacturing industry is evenly divided into three "clusters". In the year 2010,around Chennai was the largest, with a 35% revenue share, accounting for 60% of the country's automotive exports, and home of the operations of Heavy Vehicles Factory , Engine Factory Avadi, Ford , Hyundai , Renault , Mitsubishi , Nissan ...