Dealer's Margin on Automobiles
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Source :TeamBHP.com |
Maruti Suzuki India and Chinese Automaker MG Motor are the only two passenger vehicle makers in the mass segment to offer above 5 per cent average fixed dealer margins, which is still short of 7 per cent of selling price that automotive dealers have demanded from auto makers.
As per the study, among the major volume payers in mass PV segment, on an average across all models Maruti Suzuki India has a fixed dealer margin of 5.07 per cent; Hyundai Motor India 4.38 per cent; Tata Motors 3.74 per cent; Mahindra & Mahindra 3.75 per cent, Honda 3.41 per cent, Toyota Kirloskar Motor 2.32 per cent, Kia Motor 4.43 per cent and MG Motor India 5.22 per cent.
Dealers have asked for a fixed 7% margin while currently it stands between 3 to 5%.
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