Okinawa hikes dealer margins by 3 pc to 11 pc amid COVID-19 pandemic

The hike, from 8 per cent to 11 per cent, is effective from April 27 onwards until further notice, Okinawa said in a statement. The hike in dealer margins is expected to add up to Rs 2,000 per vehicle in a dealer's kitty, it added. If a dealer is selling 100 vehicles in a month, he will end up making an additional profit of over Rs 2 lakh.

from Auto-Industry-Economic Times https://ift.tt/35byrLn