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Mercedes-Benz To Axe 10% Dealerships Globally By 2025 As Focus Shifts To Direct Selling: Report
Mercedes-Benz is reportedly planning to implement its direct-to-customer retail strategy in 15 global markets by 2025. This will lead to a 10 per cent reduction in the company's global dealer network, and in Germany alone there will be 20 per cent fewer traditional showrooms by 2025.
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Crude Prices For Asian Imports From Iran Rise: Report
Iran has set the official selling price (OSP) of its Iranian Light grade for its Asian buyers at $4.70 a barrel above the Oman/Dubai average for April, up $2.05 from the previous month, an industry source with direct knowledge of the matter said on Wednesday.
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Under New Direct Selling Rules, Government Bars Entities From Promoting Pyramid Schemes
Government has banned direct selling companies from promoting pyramid schemes, as it notified new rules, which they need to comply with under 90 days
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Mercedes-Benz India Launches The Retail Of The Future Sales Programme, New Method Of Selling Vehicles
Under ROTF, the brand will directly sell its cars to customers, while its dealerships will deliver the cars while also ensuring servicing and other deliverables.
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Israeli Startup AIR Unveils Flying Vehicle To Be Used 'Like Cars'
Israeli startup AIR on Tuesday unveiled its first "easy-to-operate" electric, vertical takeoff and landing (eVTOL) aircraft that it aims to sell directly to consumers predominantly in the United States starting in 2024.
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States With Surplus Power Asked To Meet Needs Of Consumers
Centre has directed states having adequate supply to first serve their own customers before selling power outside
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Hero Electric Raises Rs. 220 Crore Growth Capital, Aims To Sell 1 Million Units Every Year
The fresh investment comes from Gulf Islamic Investments (GII) and OAKS and will be used directed towards expanding production capacity, consolidating market position, investing in future technology and reaching out to new markets.
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Skoda Sells More Rapid TSI Now Than Older Petrol & Diesel Models Combined: Zac Hollis
Reiterating the company's confidence in going petrol-only with the TSI engines, Skoda Auto India's Brand Directed, Zac Hollis told carandbike that the company sells more units of the TSI version of the Rapid compared to the older petrol and diesel models combined.
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Hero MotoCorp Launches Integrated Online Sales Platform - eShop
Hero MotoCorp, the country's largest two-wheeler manufacturer, has announced the launch of its new digital service - eShop, an integrated online retail platform to sell two-wheelers in India. The new digital store will allow customers to purchase their preferred Hero motorcycle or scooter directly from the company website, offering an end-to-end so...
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New Direct Selling Guidelines To Spur Growth In Sector: Industry Body
Welcoming the model guidelines for direct selling businesses, Indian Direct Selling Association (IDSA) has said the move will help in protecting consumers from ponzi frauds and help them differentiate between genuine and fraudulent schemes, besides ensuring growth for the sector.
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Amway Says It Doesn't Charge Entry, Exit Fee From Distributors
US-based direct seller Amway on Sunday said it does not charge any entry or exit fee from its distributors against the backdrop of the government's decision to ban any such fee.
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Direct Selling Firms Barred From Charging Entry Fee From Agents: Report
The Centre has decided to bar direct selling companies such as Amway, Tupperware and Oriflame from charging any entry fee from agents or compelling them to buy back unsold stocks.
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Hundreds Of US Companies Sell Unapproved 'Stem Cell Treatments'
Hundreds of companies across the United States are selling unapproved stem cell treatments directly to patients, raising concern about safety and scams in a fast-growing industry, researchers said Thursday.
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Amazon India Teams Up With Government To Boost Handloom Sales
Amazon India on Thursday forged a partnership with Development Commissioner Handloom of the Union Ministry of Textiles under which it will educate, train and enable cooperatives and weavers to directly sell their products on the online portal.
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Now, Sites Like Flipkart, Snapdeal Can Be 100% Foreign-Owned
Companies like Flipkart and Snapdeal can now be owned entirely by foreign firms, the government has decided by formally allowing 100 per cent Foreign Direct Investment or FDI for e-commerce retailers which are a "marketplace" or aggregate products from different manufacturers and sell them to customers.
-
Mercedes-Benz To Axe 10% Dealerships Globally By 2025 As Focus Shifts To Direct Selling: Report
Mercedes-Benz is reportedly planning to implement its direct-to-customer retail strategy in 15 global markets by 2025. This will lead to a 10 per cent reduction in the company's global dealer network, and in Germany alone there will be 20 per cent fewer traditional showrooms by 2025.
-
Crude Prices For Asian Imports From Iran Rise: Report
Iran has set the official selling price (OSP) of its Iranian Light grade for its Asian buyers at $4.70 a barrel above the Oman/Dubai average for April, up $2.05 from the previous month, an industry source with direct knowledge of the matter said on Wednesday.
-
Under New Direct Selling Rules, Government Bars Entities From Promoting Pyramid Schemes
Government has banned direct selling companies from promoting pyramid schemes, as it notified new rules, which they need to comply with under 90 days
-
Mercedes-Benz India Launches The Retail Of The Future Sales Programme, New Method Of Selling Vehicles
Under ROTF, the brand will directly sell its cars to customers, while its dealerships will deliver the cars while also ensuring servicing and other deliverables.
-
Israeli Startup AIR Unveils Flying Vehicle To Be Used 'Like Cars'
Israeli startup AIR on Tuesday unveiled its first "easy-to-operate" electric, vertical takeoff and landing (eVTOL) aircraft that it aims to sell directly to consumers predominantly in the United States starting in 2024.
-
States With Surplus Power Asked To Meet Needs Of Consumers
Centre has directed states having adequate supply to first serve their own customers before selling power outside
-
Hero Electric Raises Rs. 220 Crore Growth Capital, Aims To Sell 1 Million Units Every Year
The fresh investment comes from Gulf Islamic Investments (GII) and OAKS and will be used directed towards expanding production capacity, consolidating market position, investing in future technology and reaching out to new markets.
-
Skoda Sells More Rapid TSI Now Than Older Petrol & Diesel Models Combined: Zac Hollis
Reiterating the company's confidence in going petrol-only with the TSI engines, Skoda Auto India's Brand Directed, Zac Hollis told carandbike that the company sells more units of the TSI version of the Rapid compared to the older petrol and diesel models combined.
-
Hero MotoCorp Launches Integrated Online Sales Platform - eShop
Hero MotoCorp, the country's largest two-wheeler manufacturer, has announced the launch of its new digital service - eShop, an integrated online retail platform to sell two-wheelers in India. The new digital store will allow customers to purchase their preferred Hero motorcycle or scooter directly from the company website, offering an end-to-end so...
-
New Direct Selling Guidelines To Spur Growth In Sector: Industry Body
Welcoming the model guidelines for direct selling businesses, Indian Direct Selling Association (IDSA) has said the move will help in protecting consumers from ponzi frauds and help them differentiate between genuine and fraudulent schemes, besides ensuring growth for the sector.
-
Amway Says It Doesn't Charge Entry, Exit Fee From Distributors
US-based direct seller Amway on Sunday said it does not charge any entry or exit fee from its distributors against the backdrop of the government's decision to ban any such fee.
-
Direct Selling Firms Barred From Charging Entry Fee From Agents: Report
The Centre has decided to bar direct selling companies such as Amway, Tupperware and Oriflame from charging any entry fee from agents or compelling them to buy back unsold stocks.
-
Hundreds Of US Companies Sell Unapproved 'Stem Cell Treatments'
Hundreds of companies across the United States are selling unapproved stem cell treatments directly to patients, raising concern about safety and scams in a fast-growing industry, researchers said Thursday.
-
Amazon India Teams Up With Government To Boost Handloom Sales
Amazon India on Thursday forged a partnership with Development Commissioner Handloom of the Union Ministry of Textiles under which it will educate, train and enable cooperatives and weavers to directly sell their products on the online portal.
-
Now, Sites Like Flipkart, Snapdeal Can Be 100% Foreign-Owned
Companies like Flipkart and Snapdeal can now be owned entirely by foreign firms, the government has decided by formally allowing 100 per cent Foreign Direct Investment or FDI for e-commerce retailers which are a "marketplace" or aggregate products from different manufacturers and sell them to customers.
