India is expected to emerge as the world’s third-largest passenger-vehicle market by 2021Incumbents in the automotive industry should prepare for a changing landscape as India grows into the world’s third-largest passenger-vehicle market and global trends disrupt the sector. The automobile industry is supported by various factors such as availability of skilled labour at low cost, robust R&D centers and low cost steel production. The industry also provides great opportunities for investment and direct and indirect employment to skilled and unskilled labour.
A car dealership or vehicle local distribution is a business that sells new or used cars at the retail level, based on a dealership contract with an automaker or its sales subsidiary. It employs automobile salespeople to sell their automotive vehicles. It may also provide maintenance services for cars, and employ automotive technicians to stock and sell spare automobile parts and process warranty claims.
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