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In 2019, the company started offering verified used cars where the company offered a buyback guarantee on the vehicles verified by inspection. [9] The company operates 202 branches across 73 cities in India as of 2019. [10] Apart from its own branches, the company has a tie-up with more than 10,000 channel partners across 230 cities in India. [8]
The used car market is getting another major infusion of venture capital today, with one of the faster scaling startups out of India picking up a major round of financing to double down on growth ...
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A used car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners. Used cars are sold through a variety of outlets, including franchise and independent car dealers , rental car companies, buy here pay here dealerships, leasing offices, auctions, and private party sales.
Fiat India Automobiles Limited, Jeep: Passenger vehicles Pune: Talegaon Dabhade [30] Hyundai Motor India Limited: Passenger vehicles Pune: Talegaon Dabhade [31] NEW HOLLAND INDIA: Agriculture Equipment and Tractors Pune: Talegaon Dabhade: Larsen & Toubro Excavators Pune: Pargaon Khandala Vedant Cranes Excavators Pune: Sanaswadi: John Deere
The company locally assembles 14 cars. [12] In 2022, the company launched the EQS 580; [13] the EQS 580 4Matic has an ARAI-certified range of 857 km. [14] Mercedes-Benz launched its fourth electric vehicle for India, the EQB, with a 7-seat layout. [15] As of 2022, Mercedes-Benz India has set up 35 Ultra-Fast Chargers across India. [16]
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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 ...