
The worst doesn’t seem to be over as yet. The car makers in India are still feeling the brunt of credit crunch and are reeling under the pressure. Most of the production capacities remain unutilized in nearly every production plant in India. Major auto manufacturers like Maruti Suzuki India Limited and Hyundai Motors India Limited are still working on 60 percent of the production capacities but other mid-rung companies are hard hit. (more…)
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Great care should be taken when buying a car, as this is probably your most expensive asset after your home.
As with the vast majority of industries in South Africa, there are always the dodgy few willing to compromise the sector as a whole but if you follow some simple tips, buying a new or used car should be a pleasure.
In recent times with the increased incidence of the repossession of motor vehicles by banks and other finance houses, motor vehicle auctions in Cape Town have become more and more popular and prevalent. (more…)