Retail News CRM

Tag: car

  • VinFast stops accepting orders for gasoline cars

    VinFast stops accepting orders for gasoline cars

    Automaker VinFast has stopped accepting new orders for gasoline-powered cars four months earlier than announced as it seeks to become a major global player in electronic vehicles.

    It has received a huge number of orders for its Lux SUV and sedan and Fadil hatchback, and plans to keep the production line going until it fulfills them, it said in a statement Friday.

    It said it would continue to service them for another 10 years to ensure the cars can be maintained through their life cycle.

    The country’s first indigenous automaker announced in January it would completely transition to electric vehicles this year and is eyeing the U.S. and Europe as its first global markets.

    It has so far received 73,000 orders for electric vehicles.

    It started delivering them at the end of last year and had sold over 2,200 VF e34 cars by the end of June.

    VinFast plans to have 150,000 charging stations around the country by this year.

    Lees ook:

    Lees ook:

  • Mercedes distributor posts major profit jump

    Mercedes distributor posts major profit jump

    Vietnam’s biggest Mercedes distributor Haxaco posted a pre-tax profit of VND102 billion ($7.36 million) in the second quarter, up 12.6 times year-on-year.

    Its profit for the first six months was VND172 billion, or 80 percent of its target for the year.

    The company said the government’s 50 percent discount on registration fees of cars assembled locally has helped push sales and increase its profit margin.

    “Haxaco’s profit rose because demand for luxury cars surged after the pandemic.”

    It also received incentive interests from banks and saw its loan expenses drop 41 percent year-on-year in the first six months.

    Haxaco is the biggest Mercedes distributor in Vietnam, followed by Andu and Vietnam Star.

    It has four dealerships in Vietnam, with two each in Hanoi and Ho Chi Minh City. It plans to open a new one in the southern city of Can Tho by the end of this month.

    Mercedes first assembled its cars in Vietnam in 1996. Vietnam is the first country apart from Germany that assembles its luxurious lineup S-Class.

     

    Lees ook:

    Lees ook:

    Lees ook:

  • Mercedes-Benz Expects Supply Chain Constraints To Continue In 2022

    Mercedes-Benz Expects Supply Chain Constraints To Continue In 2022

    Mercedes-Benz is still feeling the effects of the global semiconductor shortage that hit the auto industry as well as supply chain constraints. As per a report by PTI, the carmaker is not expecting the situation to improve in 2022 while also saying that it was hard to predict how it would change in the future.

    Speaking to PTI, Martin Schwenk, Managing Director and CEO of Mercedes-Benz India said that the company was dealing with not just semiconductor shortages but also with congestion in shipping. He added that the company was facing significant supply constraints placing a limit on the number of cars it could produce and deliver causing longer waiting period for its customers. Schwenk also revealed that the global economic uncertainties and go-political tensions seemed to have worsened over the past few months with a lot of questions being raised across markets regarding the economic situations in the short-to-medium terms.

    Schwenk however said that while the brand was facing uncertainty over its production levels, the global economic uncertainties and geopolitical crisis was yet to affect consumer sentiment in India. The carmaker said that it has over 5,000 pending orders on its hands currently in the country with the number of bookings continuing to increase.

    He however said that the company in the past few months had been forced to hiked prices on several occasions owing to rising input costs and the company was continuing to monitor topics such as inflation and pricing.

    Mercedes has some big launches lined up for India in the coming months including its all-electric flagship, the EQS luxury sedan and the EQB electric SUV. The carmaker at the start of the year had revealed its plans to launch 10 new models in India in 2022 which has till now included the new Mercedes-Maybach S-Class and the new-gen C-Class.

    Lees ook:

  • Mercedes Readies Plants To Produce Electric Vehicles

    Mercedes Readies Plants To Produce Electric Vehicles

    Mercedes-Benz is adjusting its network of plants to  manufacture a new range of luxury electric vehicles as it prepares to switch to electric by the end of the decade.

    Mercedes aims to halve CO2 emissions per passenger car over the life cycle by the end of this decade compared to 2020.

    “We are ready for the rapid scaling of electric vehicle volumes,” said Joerg Burzer, board member for production and supply chain, adding the new setup followed talks between management and worker representatives.

    Plants in Sindelfingen, Bremen, Rastatt – all in Germany – and Kecskemet, in Hungary, will start production of new models in the top end luxury, core luxury and entry luxury segments from the middle of the decade, said Mercedes.

    Battery systems will be supplied by a production network with factories in three continents, it said.

    “The local production of battery systems is a key success factor for the Mercedes-Benz electric ramp-up and a decisive component in being able to meet the global demand for electric vehicles flexibly and efficiently,” it said in a statement.

    Lees ook:

    Lees ook:

  • Baidu’s Electric Vehicle Firm Jidu Unveils First ‘Robot’ Car

    Baidu’s Electric Vehicle Firm Jidu Unveils First ‘Robot’ Car

    The concept car, which is free of door handles and can be fully controlled via voice recognition, was launched through an online press conference held on Baidu’s metaverse-themed app Xirang.

    Jidu, an EV venture controlled by Baidu and co-funded by Chinese automaker Geely, plans to mass produce the model, which would be 90% similar to the concept car, in 2023.

    The ‘robot’ EVs will possess autonomous Level 4 capabilities that need no human intervention as well as utilize Qualcomm’s 8295 chips, which will enable users to access voice assistance offline when internet connection is poor.

    Baidu’s EV-making plan comes as tech companies around the world race to develop smart cars after Tesla’s success in commercializing electric vehicles.

    Besides equipping the vehicle with autonomous driving software technology powered by Baidu, Jidu will also build two lidars and 12 cameras alongside the car. Lidars are detection systems, similar to radars, which use pulsed laser light rather than radio waves.

    “The Jidu robocar aims to meet users’ needs for intelligent travel … and intelligent cabin in the new era,” said Joe Xia Yiping, Jidu chief executive, adding “the ultimate goal is to realize a fully driverless transportation experience.”

    Jidu cars will target users who like cutting-edge technologies, Luo Gang, head of operations at Jidu, told Reuters in an interview on Wednesday.

    The EVs will be manufactured in Hangzhou Bay in China’s eastern city of Ningbo, where Geely has several plants.

    Jidu has hired ex-Cadillac designer Frank Wu as its head of design, and Wang Weibao, a former member of Apple Inc’s EV initiative Project Titan, as its head of intelligent driving.

    Jidu’s first model will be priced above 200,000 yuan ($29,914.59), Baidu chief executive Robin Li said on a conference call last month.

    Smartphone maker Xiaomi Corp and Didi Global are among other Chinese tech giants who are pursuing auto-making ambitions.

    Lees ook:

  • Tesla Sold 32,165 China-Made Vehicles In May

    Tesla Sold 32,165 China-Made Vehicles In May

    U.S. electric vehicle maker Tesla sold 32,165 China-made vehicles in May, including 22,340 for export, the China Passenger Car Association (CPCA) said on Thursday.

    That compares with 1,152 vehicles sold and none exported in April. The Tesla factory halted work for 22 days beginning late March to comply with a city-wide lockdown in Shanghai.

    The plant, which manufactures Model 3s and Model Ys, reopened on April 19 and resumed exports on May 11 but has struggled to get production back to pre-lockdown levels.

    Tesla’s Shanghai factory produced 33,544 vehicles in May, up 212% from April, the association added.

    China’s BYD delivered 114,183 cars in May. Electric vehicle maker Li Auto delivered 11,496 and Xpeng Inc 10,125.

    CPCA also said passenger car sales in May in China had totalled 1.37 million, down 17.3% from a year earlier.

    June sales should be 10% to 20% higher than a year earlier, CPCA secretary general Cui Dongshu told reporters. Demand from earlier months, suppressed by lockdowns that have now eased, would support June sales, Cui said.

    The world’s biggest auto market is recovering from its worst monthly drop since March 2020 after China’s efforts to stamp out COVID-19 outbreaks across multiple cities disrupted supply chains and dampened demand.

    Lees ook:

    Lees ook:

    Lees ook:

  • My Car was totaled: Tips for auto insurance claims

    My Car was totaled: Tips for auto insurance claims

    As soon as you’ve recovered from the trauma of being in a car accident, your insurance company deems your vehicle a total loss. The last time you’ll see your vehicle before it’s dragged away to the junkyard in the sky is when you gather your personal belongings.

    But there is a silver lining to this bleak tale of absolute devastation.

    You’ll be able to move past the accident and get back on the road with the correct form of auto insurance.

    What does “total” mean?

    Your car’s market worth will be compared to the insurance provider’s repair cost. In some cases, an insurance company may deem your car as totaled if the repair costs are equal to or greater than the vehicle’s value. Some insurance companies may total your car even if the repair costs are less than what they estimate. You can inquire about the source of the insurance company’s determination of the worth of your vehicle.

    When an insurance company declares your vehicle a write-off

    It is ultimately up to your insurance carrier whether or not your car is deemed a total loss following an accident. When the repair expenses for damages exceed 51 percent of the car’s pre-accident worth, they usually declare the vehicle a total loss. However, some insurers will increase that limit to 80 percent. State insurance authorities set the proportion, which may vary depending on where you live.

    Assume you were involved in an accident. The car is 12 years old and, as a result, has lost a lot of its monetary value over time. When a car’s worth is already low, even a small amount of repairable damage can cause your insurer to declare it a total loss. Another scenario: you own a brand-new luxury SUV and are involved in an accident that causes significant damage and renders the car unusable. A certain proportion of the car’s worth must be damaged before it can be considered an outright total loss.

    Once your car is totaled, you have a few options

    Car Insurance Quotes in Chicago, IL claim for total loss is usually more complicated than repairing a vehicle. It is feasible to expedite the insurance claim process and achieve the best potential outcome if you know what to do and what your options are.

    After Your Car Is Totaled, Here Are Five Things to Do Right Away

    In most total-loss incidents, the consequences can be rather severe. After an accident, what matters most is ensuring your physical health and well-being. Once you’ve recovered from the shock of the incident, you should:

    File a claim as soon as possible

    Insurance companies might be slow to process total loss claims, so contact yours and the other parties’ insurance companies immediately. Contact your insurance company as well as the insurance company of the other driver if you were involved in an accident with someone else’s vehicle.

    Tow your vehicle to a reputable auto repair facility

    The claim procedure will go more smoothly if you tow your car to a shop approved by the insurance adjuster managing your claim. You’ll need to contact your insurance company’s adjuster to get an estimate for repairs from the shop.

    Gather all of your necessary documents

    The title to your vehicle must be provided to the insurance company. Request a copy from your state’s Department of Motor Vehicles if you don’t have one. If your automobile is totaled, the insurance company will likely need you to hand over the title.

    The ACV of your vehicle should be researched

    Before agreeing to an insurance payout for a totaled car, perform your research on your car’s actual cash value (ACV). Find out the current market worth of similar vehicles to yours by consulting auto websites, newspapers, and local car dealerships and using online tools.

    Review the terms of your auto loan

    Your auto loan repayments will affect how much you can afford for a new vehicle. Your lender will get the settlement funds first from the insurance company. After that, you’ll get the rest of the money.

    Conclusion

    You may be able to manage your insurance claim on your own, depending on your policy. Consult a lawyer if you have queries about your legal rights. The services of a lawyer include more than just legal advice. When you don’t feel the insurance company is making a fair compensation for your totaled car, it’s worth the cost to hire a lawyer.

     

     

     

     

     

     

  • Tesla Leads In Driver-Assisted Technology Crashes

    Tesla Leads In Driver-Assisted Technology Crashes

    Tesla Inc reported 273 vehicle crashes since July involving advanced driving assistance systems, more than any other automaker, according to data U.S. auto safety regulators released on Wednesday.

    Automakers and tech companies reported more than 500 crashes since June 2021, when the National Highway Traffic Safety Administration (NHTSA) issued an order requiring the information. Two U.S. Senators called for a deeper probe of the “out-of-control industry,” and a U.S. safety board said the data was not standardized so it was hard to evaluate performance of each carmaker’s system.

    Car companies are rushing to add driver assistance systems, saying these improve safety by handling some maneuvers. U.S. regulators are trying to understand the practical effect of the changes. But automakers collect and report data in different ways, making it difficult to evaluate systems performance.

    Democratic Senators Ed Markey and Richard Blumenthal told NHTSA in a letter that “publicizing the data alone is not enough. We urge NHTSA to … shed needed light on this out-of-control industry and impose guardrails to prevent more deadly crashes.”

    The current report contains “a ‘fruit bowl’ of data with a lot of caveats, making it difficult” to understand, National Transportation Safety Board (NTSB) Chair Jennifer Homendy said in a statement. “Tesla collects a huge amount of high-quality data, which may mean they’re overrepresented in NHTSA’s release.”

    Tesla’s advanced driver assistant software dubbed “Full Self Driving” has also created confusion about vehicle capabilities.

    The senators raised alarm about the high number of Tesla crashes. “We worry that some drivers today are using the technology as a convenience feature and are placing themselves and other road users in danger,” Markey and Blumenthal wrote.

    NHTSA ordered companies to quickly report all crashes involving advanced driver assistance systems (ADAS) and vehicles equipped with automated driving systems being tested on public roads.

    Of the 392 such crashes reported by a dozen automakers since July, six deaths were reported and five serious injuries. Honda Motor identified 90 crashes.

    Companies also reported 130 crashes involving prototype automated driving systems, while 108 involved no injuries and one was a serious injury crash.

    NHTSA said Alphabet Inc’s self-driving car unit Waymo reported 62 crashes involving automated driving systems, while General Motors’ Cruise had 23.

    Waymo said its crashes were not high severity and one-third were in manual mode. Airbags deployed in only two crashes.

    Cruise said it “has logged millions of miles in one of the most complex urban driving environments because saving lives is our chief aim.”

    The NTSB reiterated a five-year-old recommendation that NHTSA require automakers to provide standardized crash and usage data. It made the recommendation after the a 2016 crash killed a Tesla driver using the company’s Autopilot system, which the company website says “enables your car to steer, accelerate and brake automatically within its lane” but still requires the driver’s attention.

    NHTSA said the first batch of data has already been used to trigger investigations and recalls and helped inform existing defect probes.

    The data “will help our investigators quickly identify potential defect trends,” NHTSA Administrator Steven Cliff said, cautioning the raw number of incidents reported per manufacturer “is by itself inadequate to draw conclusions.”

    The agency emphasized crashes are tracked by individual automakers in different ways and discouraged comparisons in part because there are no comprehensive metrics on how widely each system is used.

    Tesla did not respond to requests for comment.

    Honda told Reuters it had found no defects in the systems and its crash reports were based on unverified customer statements “to comply with NHTSA’s 24-hour reporting deadline.”

    No other automaker reported more than 10 ADAS crashes during the period.

    Despite the limitations, NHTSA said the data was essential to quickly spot potential defects or safety trends. Incidents that occur when an advanced system was engaged within 30 seconds of a crash must be reported within 24 hours to NHTSA.

    The agency plans to release new data monthly.

    NHTSA has been scrutinizing Autopilot and said last week it was upgrading its probe into 830,000 Tesla vehicles with the system, a required step before it could seek a recall. The regulator had opened a preliminary evaluation to assess the performance of Autopilot after about a dozen crashes in which Tesla vehicles struck stopped emergency vehicles.

    Separately, NHTSA has opened 35 special crash investigations involving Tesla vehicles in which ADAS was suspected of being used. A total of 14 crash deaths have been reported in those Tesla investigations, including a May California crash that killed three people.

    Lees ook:

  • Skoda Auto India’s Sales & Service Network Crosses 205 Outlets

    Skoda Auto India’s Sales & Service Network Crosses 205 Outlets

    Skoda Auto India has announced expanding its total customer touchpoints to over 205 outlets, across 123 cities. The carmaker says that it has 175 touchpoints in India in December 2021, and in the last six months the company has added more than 30 outlets. However, we must tell you that these are not just the larger dealerships, but rather also include Skoda’s low-cost sales and service touchpoints, which the company has been launching in tier 2 and tier 3 cities to have a wider network. Compared to a traditional dealership, these smaller outlets are 2- or 3-car showrooms with 2-bay workshops.

    Zac Hollis, Brand Director, Skoda Auto India said, “By rapidly increasing our customer touchpoints and expanding our network, we have the largest ever-presence of the Skoda brand in India. Not only have we expanded in quantity but have also focused on quality with our revolutionary digitalised showrooms.”

    In December 2021, Skoda had around 175 touchpoints in India, across 117 cities, and the company had set a target to reach 225 outlets by the end of 2022. However, given the number of new launches like – Skoda Slavia, Kodiaq and Kushaq Monte Carlo, the company ramped up its expansion plans, and now it is targeting 250 touchpoints by the end of this year. The company aims to add over 10 touchpoints in each of the four zones across India.

    Skoda wants to establish its presence in both metro and non-metro centres, covering important market clusters. In fact, Skoda will soon be opening its first touchpoints in Nagaland at Dimapur, and at Dibrugarh in Assam. In addition to these, the company will be entering or adding centres in other regions like Gandhidham and Morbi, in Gujarat, Ambala in Haryana, Amritsar in Punjab, Warangal in Telangana, Pollachi in Tamil Nadu, Haldwani in Uttarakhand and Tirur is Kerala.

  • U.S. Agency Asks Tesla For Information On Canadian Fire Incident

    U.S. Agency Asks Tesla For Information On Canadian Fire Incident

    The National Highway Traffic Safety Administration said on Thursday it has asked Tesla Inc for information about a recent 2021 Tesla Model Y fire in Vancouver, British Columbia, in which a driver reported struggling to exit.

    The NHTSA told Reuters the agency “is aware of the incident and has reached out to the manufacturer for information.”

    Electrek posted a video of the incident in which the owner said he received an error notification and then saw smoke. The driver said that to get out he “had to smash the window. … I kicked through the window because everything stops. The power didn’t work. The door didn’t open. The windows didn’t go down.”

    Lees ook:

    Lees ook:

  • Ferrari Teases 2023 Le Mans Challenger, To Begin Testing Soon

    Ferrari Teases 2023 Le Mans Challenger, To Begin Testing Soon

    Almost 49 years after Ferrari last participated in the 24 Hours of Le Mans, the Italian carmaker is back as it teased its latest challenger before testing starts for the 2023 edition of the French endurance race. Ferrari unveiled the first details of the Le Mans Hypercar that will compete in the FIA World Endurance Championship from 2023 and shows strong design references to the stylistic features that distinguish the models in the Prancing Horse range. Additionally, the design and the parts used for the 2023 Ferrari Le Mans challenger would make way for the company’s road car range as well.

    The last time team from Maranello took part in the Le Mans was in 1973, while the last win came in 1965 with the Ferrari 250 LM, before the run of six consecutive victories ended in 1966 by Ford GT40. We still don’t know the name of the new hypercar for Le Mans but do know that the new prancing horse would join the Hypercar class of the FIA World Endurance Championship. The teaser image of the new Ferrari Le Mans hypercar shows off blade-thin DRLs connected by an illuminated red highlight, to a deep lip spoiler angled down at the edges. We expect that the new hypercar would be mid-engine driven, built on a completely new chassis, and hybrid system, as well as new parts that would eventually trickle down to the company’s road car range.

    The hypercar is in the prototype stage and is early in the day to announce the drivers and the official crews that would be part of the team. But if we had to speculate, then the bets are high on Callum Ilott, Alfa Romeo driver Antonia Giovinazzi and perhaps even former F1 champion Kimi Raikkonen. Then there are rosters like Pier Guidi, Calado, Serra and Davide Rigon, Miguel Molina, and Sam Bird.

  • GoMechanic Introduces Extended Warranties For Car Owners In 60+ Cities

    GoMechanic Introduces Extended Warranties For Car Owners In 60+ Cities

    Auto after-sales service and spare parts startup, GoMechanic has rolled out extended warranty packages for vehicles owners in India across 60+ Tier 1 and Tier 2 cities. The company says it is offering five warranty packages to customers – Authorised Warranty, 360-degree Protection, Engine Warranty, Suspension Cover and Brake Warranty. Prices for the warranty packages start from as little as ₹ 200 per month or ₹ 999 per year and will cover crucial systems such as the engine, suspension, brakes and more along with consumables and labour costs and wear and tear. The extended warranty packages have a cover for 1 year or 10,000km whichever is earlier.

    “Our Extended Warranty plan is for users looking for hassle-free car ownership. It offers a flexible and affordable approach to users to handpick the type of warranty that suits them. Whether they are a mile muncher or an occasional driver, whether it’s a new or pre owned car- we have the required Extended Warranty plan for them,” said Rishabh Karwa, Co-Founder, GoMechanic.

    GoMechanic says that its warranty covers are valid for all Indian car brands and models with each car requiring to undergo an “exhaustive set of checks” before being approved for extended warranty cover.

    Focusing on the 5 warranty packages, Authorised Warranty covers 25 car systems and 650+ car services and is described by the company as being similar to a Manufacturer Extended Warranty. The 360-degree Cover Warranty covers a broader 35 car systems along with “over 800 car services” and includes free pick-up and drop services. The company says that this package offers bumper to bumper cover.

    Suspension Cover as the name implies is focused solely on the suspension of the vehicle while the Engine warranty and rake Warranty covers the named parts respectively. GoMechanic says that its extended warranty cover will also include roadside assistance in and around locations where the company is present.

    Currently, interested vehicle owners can apply for extended warranties across 60+ cities including Delhi, Mumbai, Pune, Hyderabad, Chennai, Kolkata, Bangalore, Agra, Amritsar, Bhopal, Coimbatore, Dehradun, Kanpur and Meerut.

    Lees ook:

    Lees ook:

    Lees ook:

  • Tesla Delays Deliveries Of Long-Range Models In U.S.

    Tesla Delays Deliveries Of Long-Range Models In U.S.

    Tesla Inc is delaying U.S. deliveries of certain long-range models by up to a month, its website showed on Wednesday, as the electric-car maker tries to steer itself through supply-chain issues and disruptions in China operations.

    New orders for Model Y will be delivered between December and March, Model 3 between September and December, and Model X between February and May next year, according to the updated dates on the company’s website.

    It is likely that delays in production and shipment of components are slowing things down for Tesla, analysts have said.
    Lees ook:

    Lees ook:

    Lees ook:

  • Vietnam runs out of luxury cars

    Vietnam runs out of luxury cars

    Many auto brands have no luxury cars to supply Vietnamese customers due to global semiconductor shortage.

    Trung Kien, 33, from the northern province of Bac Ninh, said he has been looking for a luxury car with a price tag of around VND7 billion ($300,000) for a month, but found nothing to buy.

    He said he would have to wait for three to six months to get a popular luxury car delivered, due to shortage of components, especially semiconductors and chips.

    Over the last two years, supply from the world’s largest producer, China, has been trickling due to impacts of Covid-19, resulting in a global shortage.

    Supply of luxury cars in Vietnam is hit the hardest, as brands focus on delivering orders to their major markets like the U.S. or European countries.

    Mercedes-Benz customers are said to wait for at least three months for some SUVs and S-class sedans, and up to a year for the ultra-luxury Maybach sedans and SUVs.

    Some locally made models, including E-class sedans and GLC SUVs, are also in short supply, so buyers will have to wait 1-2 months to get their unit delivered.

    Many auto dealers are accepting deposits but not promising when they can deliver cars.

    Vinh Nam, an experienced luxury car salesperson in HCMC, said customers have gotten used to the current shortage.

    “They prioritize getting a car rather than a color of choice and other options”.

    BMW used to have a fairly steady supply despite having to import vehicles, but in recent months supply has declined and buyers have to wait three to six months for delivery.

    Buyers of Porsche, Lexus and Land Rover have the longest waiting time of 12-14 months depending on their choice of color and options, up from the earlier six to nine months.

    Many buyers are impatient and as a result are not making deposits with dealers, while some are turning to the gray market.

    The shortage of auto parts is also hurting buyers, with some brands raising their prices and cutting promotions.

    Some models are being sold at above listed prices. A Land Cruiser LC300, for instance, is being offered at VND5.5 billion, 37.5 percent higher than the original price.

     

    Lees ook:

  • Porsche To Enter Pre-Owned Car Segment In India

    Porsche To Enter Pre-Owned Car Segment In India

    The pre-owned car segment is a lucrative market, especially for a luxury carmaker like Porsche as it prepares to open it’s first ‘Porsche Approved’ pre-owned car store in Kochi on June 8, 2022. Part of the Volkswagen Group, the Porsche Approved Centres joins VW’s Das WeltAuto, and Audi Approved Plus program as the German carmaker aims to strengthen its one-stop solution to buy, sell or exchange certified pre-owned cars. Porsche says buyers would get an exclusive opportunity to discover and experience Porsche cars in an innovative way. More details would be shared at the time of the launch of the new Porsche Approved centre.

    Also Read: Volkswagen India Launches Das WeltAuto Excellence Centres For Pre-Owned CarsThe Porsche Approved centres will majorly focus on buying, selling, or exchanging pre-owned Porsche cars. Through this platform, the carmaker aims to provide competitively pricing for the used cars along with genuine accessories, insurance, and financial support to its customers. Porsche could also offer service and warranty packages.

    At present, Volkswagen has close to 120 Das WeltAuto centres across India. Since its launch in 2019, VW sold close to 3,000 cars, while that figure crossed 10,000 in 2020. The number doubled in 2021 as the carmaker sold more than 20,000 units through its pre-owned car centres.  On the other hand, Audi India is ramping up its pre-owned car business “Audi Approved Plus” to enable buyers to upgrade without having to spend on a new luxury car. The company aims to start at least 20 such centres by the end of 2022, from its current 14 centres.