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Maruti Suzuki may raise dealer margins: reports

Oct 20, 2020 10:09 IST

Maruti Suzuki is considering a series of steps to improve the financials of its struggling dealers, including boosting their profit margins, a Hindustan Times report said on Tuesday.

The country’s largest carmaker is likely to increase the dealer margin on cars after the festive season to help dealers at a time when sales are likely to be subdued. The company has also urged dealers to start repaying their loans to improve their creditworthiness and encourage banks to ease the stringent lending norms.

Auto dealers have been facing intense scrutiny from lenders because of their poor financials amid the coronavirus pandemic.

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