Indian electric two-wheeler manufacturing company, Okinawa, with a focus on ‘Make in India’ has increased dealer margins to 11 per cent per sale. The brand intends to enable its dealer network to make more profits, while everyone together sails through the difficult times. The hike is effective from 27th April until further notice. Okinawa currently has a sales network of over 350 dealerships across the country.
The hike in dealer margins is expected to add up to INR 2000 per vehicle in a dealer’s kitty. All in all, this will lead to handsome profits for the dealers. For example, if a dealer is selling 100 vehicles in a month, he will end up making an additional profit of over INR 2,00,000.
Announcing the Dealer Margins Mr. Jeetender Sharma – Founder & MD, Okinawa affirmed “We understand that the country is going through difficult times. In this hour, everyone holds a responsibility to do their bit to make it easier for as many people, as possible. Our dealer partners are the true brand ambassador and Okinawa always stood by them. Strengthening this commitment, Okinawa today has announced a hike in dealers’ margins. We expect this to get some respite the dealers, as the majority of the industries are going through the slowdown.”
[…] activities and strengthen its dealership network. Recently, the brand also announced a hike in dealership margins from 8 to 11 per cent, to support the partners amidst the unprecedented virus […]
[…] also announced a hike in dealer margin to enable its dealer network to make more profits. The brand has been adhering to strict operating […]